Ucore Rare Metals Inc. V.UCU

Guilty

[Rodtipup]

Of not looking deeper into the numbers. 2000 TPA put into perspective is 4 million pounds that will eventually increase to 7500 TPA or 15 million pounds. In lay terms that's 10,960 pounds daily increasing to 41,100 pounds. Visualize that on an hourly basis and you are looking at a massive supply chain of material. I can now understand why such a large facility was selected and the need to develop the surrounding 50 acres. We are not talking small numbers and perhaps Dragons SP numbers are accurate. Based on those numbers the Ucore SMC is going to be one busy facility. But you now have to wonder in capital letters SUPPLY CHAIN! The success of the facility will be based on a multi based steady and dedicated supply chain. The next PRs should be laying out the game plan outlining Ucores supply chain! Stay tuned

[VeritasBob]

No. 2000 tpa is 4.4 ,million punds per year.  1 tonne in this context means 1000 kg, not 2000 pounds, which is a short ton. Whar portion of lease amount does US$360,000 grant constitute? What are Ucore's short-term lease payments not covered by grant?

[Rodtipup]

Semantics Bob you get my drift the numbers are no joke when put in to a daily perspective.

[VeritasBob]

Rod, you get the oscillation award, going back & forth between very optimkistic on Ucore, then very pessimistic & displeased w/' management. How long until you go back to being pissed?

[Rodtipup]

Bob "GROW A PAIR" and invest otherwise zip it and find a life where you can do something meaningful. Dont you have a wife or something to spent time with? Perhaps look for a travel agent you clearly have too much time on your hands with squat to do. PIP nailed it with you...sad case

[PipinoCuevas]

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[Rodtipup]

Agreed....He is shades of Ausheds no doubt same garbage on a daily! Cleary he sold too early and is a disgruntled SH who lost a pile!

[farml1234]

old saying ,, even a blind squirrel  finds a acorn once in a while . JMHO

[PipinoCuevas]

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[PipinoCuevas]

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[Rodtipup]

We differ here I believe US and CDN gov's will step up to the plate and fund it. RSX proves itself viable they will both want to guarantee a relationship and nothing speaks better than money....as Tom Cruise said show me the money. Ucore is in a good position once RSX has proven itself. My bigger concern is a dedicated consistent supply chain. We are talking big numbers here starting at 2000

[PipinoCuevas]

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