Bullboard - Stock Discussion Forum Ucore Rare Metals Inc. V.UCU

Alternate Symbol(s): UURAF

Metals & Mining Industrial Metals & Minerals

Ucore is focused on rare and critical-metal resources, extraction, beneficiation, and separation technologies with the potential for production, growth, and scalability. Ucore's vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry.

Add To Watchlist

TSXV:UCU - Post Discussion

Ucore Rare Metals Inc. > The simple math of plan B

View:

Post by Dragonsmyth7 on Jul 26, 2024 8:53pm

The simple math of plan B

Hey Pip,
The old man that taught me steel would sit me down and tell me to wait. If you wrote a book about a blacksmith then you would describ him. He was big, slow and but very good at steel. Could make it do just about anything. To do any steel job you can do it maybe five different ways. He always had a plan B.
So lets say that you called it right and nobody bites. Worst case planning, DOD and OEMs kicks Ucore to curb. What is Ucore's PlanB? You are right that at the present price of the stock. 60 million is not possible, you agree? Well, how about 10 million?

The simple math. 60 million to builds six RSX machines. Three light and three heavy, but what if you only build one for 10 million. Six RSX machines produce 2500 tons of REEs oxides. So one RSX machine would produce 4200 to 4100 tons of REEs oxides. Most like like set up for heavies. So what do you think, Pip. Could Ucore pull off Plan B?
Dragon
PS This is me kicking around a worst case idea. I still think Ucore will pull off the 60 million needed.

141