Post by
Dragonsmyth7 on Sep 10, 2024 1:59pm
75 a share, 1OCT2024, replacing Ryan.
Finally the jetlag is going away. I was able to stay up to midnight the other day and not wakeup at 3 or 4 in the morning wide awake. But it is still hanging in there. Get tired early in the eveining. First time this has happened. But everything changes as you get older.
Dear Rapid,
I was the guy that first compared how Ucore's stock price would do with full funding and set a target of 75. I was comparing it to how MP spiked when they first started trading on the exchange. But like you have changed my mind on how high Ucore's stock price will go. There wil be a spike in the stock price with full funding. Pip's guess was about 3 bucks max. My guess was higher maybe a spike of between 10 to 20 and settles around 3 to 5. But when Ucore goes on the exchange and big boys like insurance companies, mutual funds, ETFs, and hedge funds can buy. Then the stock price can spike into the 100 to 399 range you talk about. But I do not see in settling in that range until more than one commerial plant is running and the US is cutting into China's production of REEs and heavy REEs magnets. As for the guy that keeps bring up the 75 dollar mark. You would have to talk to PIp not me.
Stop, need more coffee.
1OCT2024
There are two things that happen the first of October that matter to Ucore and us. The new REEs rules/restrictions in China go into effect. This makes buying REEs from China even harder than it is now.
The second thing is that it is the begining of the US fiscal year. Meaning the funding for the SMC or full funding would be available to award to Ucore. As I have said before. I don't believe that none of the OEMs are going to cut an off take deal with Ucore until they know how much the the US Army is going to award to Ucore to build the SMC. That would only make sense. If the Army is going to pay for all the cost of building the SMC then it should cost less to cut an off take deal.
Replacing Ryan.
Pip, to put it buntly. Are you NUTS? Is the smoke from those wildfires cutting off the oxygen from you brain?
Yes, it made sense to get rid of Jim after that disaster that was MRT. But to get rid of Ryan just because he dosn't meet your one metic for judging sucess is nutter than a fruitcake. Pat has move the company in five years than Jim ever thought about. Go back and read the press releases for the last five years. We bought a separation tech, build a pilot plant, build a commerial testing plant, got a building for the first SMC and lot funding from LA to boot. You rant and rave about MOUs but did you stop to look at who these MOUs were with or more importantly where they were in development? No, you ranted and raved about the one thing you gauge sucess.
Randy if you are reading this pay no attention to Pip. He is not think clearly.
Dragon