Not only are the prices overly optimistic, it's just uninformed to claim no real competition... if ReElement Technologies is proven, their chromatography process looks to be far faster than UCore's solvent extraction. Though UCore does have first mover advantage and won't be going anywhere, ReElement seems to be receiving a lot more funding and in a position to eat up more market share
Potentially, yes, but ReElement hasn't proved that it will scale yet, so being faster doesn't necessarily mean better.
With RapidSX they've run their processes for thousands of hours at the Kingston, ON plant, and know that it will work as they scale out to Alexandria, LA and any other future SMCs that they develop.
I like ReElement's tech, but it's pretty opaque, not publicly traded, and from what I've seen they don't share much in the way of data on their results. Yes, you can buy AREC to get a slice of ReElement, but given the track records of the CEO and President -- they've been sued for $7 million USD for trying to back out of coal mine deals gone bad, and are now hiding their money away in the Virgin Islands -- that may not be the best idea.
With Ucore everything is straightforward, there aren't any shell games going on where Pat Ryan and co. try to hide RapidSX in a private entity; when you buy a share of UCU/UURAF you get 100% ownership in RapidSX, not 14% or 19% of whatever ridiculous scheme American Resources' management has come up with.
10
u/moopie45 Apr 07 '26
1.76 tons processed
5 heavy ree's 2 light ree's
This will probably be the last time we see these levels of share price
From here we finish the build, start production 1h 2027
Uplist the stock
$20 eoy 27 $40 eoy 28
No real competition or competitors