NDAA stands for National Defense Authorization ACT. It has...

NDAA stands for National Defense Authorization ACT. It has nothing to do with civilian purchases and is still totally unclear what part of Defense it effects. see my post 35008016 . Ignore anything out of Ucore. They were created to support staff and Jack Lifton with investors’ money. Ore is about 1% REO. It is embedded in very hard rock. It can only be mined with tunnel mines. They have no chance of success. They want to milk US government for more funds. Even 8 years ago during peak of REO prices the mining report seriously question their ability to be profitable. Unfortunately these statements were buried in the middle of a 100++ page report. Look at Lynas profits. With ore that is 10X the concentration of UCORE. And can be easily removed with pit mining. How can UCORE ever be profitable? Oh Jack loves to talk about the high concentration of Critical REOs These concentrations are very high as a % of REO. As a % of ORE they are lower than Lynas’s. Step one concentration. How do you concentrate something that is bound to very hard and heavy rock?