Apr. 29 at 2:38 PM
$UURAF LOL. I think someone moved to the shorting side😂
On a serious note, at some point UCore will probably raise more money. Whether it is anytime soon is a complete unknown.
The company had said the Phase II
$18M was enough to get the first machine built.
The company had
$26M cash at end of 2025 and brought in another
$4M after December 31st.
Lastly, they are going to have to have an offtaker signed with a definitive agreement by end of year. While the war has likely lowered the probability that offtaker will be able to make an upfront payment, it still remains a legitimate possibility.