Uru Metals Share Discussion Threads

[anslow] 16/4/2014 22:34

Spec buy rating good news people who invest here are on to a winner, tiny M/CAP huge potential and cheap as chips,I'm all in.

[anslow] 16/4/2014 16:38

Next leg up tomorrow onwards and upwards 2p will be a distant memory soon enough.

[stockonomist] 16/4/2014 11:52

keep it up ? I doubt it will stay up for long it looks like it is going down

[stockonomist] 16/4/2014 10:08

uranium price tanking again...

[stockonomist] 16/4/2014 10:07

lol what an idiotic con merchant

by uranium in demand you mean the price is falling ?

[anslow] 16/4/2014 08:38

Nickel price biggest surge in 12 years and uranium in demand this is a no brainer.

[stockonomist] 15/4/2014 21:40

PMSL

Lying conman...


Treacle32
20 Mar'14 - 11:07 - 52 of 53 0 0

Some good buys today at 1.12p...

Maybe some blue at some point. 4 v 1 on L2.

Treacle32
15 Apr'14 - 16:51 - 53 of 53 0 0

Came up trumps today - bank half profit and let the rest run.

[treacle32] 15/4/2014 16:51

Came up trumps today - bank half profit and let the rest run.

[stockonomist] 15/4/2014 16:28

amslow obviously a bit slow

[anslow] 15/4/2014 11:30

Hardly a shambles you clown

[888icb] 15/4/2014 11:19

Top of the Leader Board with a 26% rise

[stockonomist] 15/4/2014 11:18

LOL

Shame that lying conman Treetard32 sold out after his pump failed

[anslow] 15/4/2014 10:24

Bit more volume and this will break out big time

[bene449] 15/4/2014 10:17

Looks like the chart is now breaking out.

[888icb] 13/4/2014 15:37

Mart12345
Thank you for your post which showcases the potential of this company. I am a long term investor in URU and I agree that there is excellent value here which the market is not currently recognising.

[mart12345] 13/4/2014 13:45

Positive news Friday re Zebediela - project now not in arbitration and URU gradually increasing stake up to 100% for small consideration. Am I the only person excited by this company and it's several potentially transformational projects, all for approx £2m mkcap?



The Zebediela project is a world class project with combined inferred and indicated resources of over 1.5 billion tonnes of nickel.In the link above at about approx 15mins 15 seconds in it says this project once built will be in the top 11 in the world and explains all of it's merits. A NI 43-101 compliant Preliminary Economic Assessment ("PEA") was completed in 2012 showing indicated resources of 485.4 million tonnes averaging 0.245% nickel, and additional inferred resources of 1,115.1 million tonnes of 0.248% nickel.
It is located immediately adjacent to Ivanhoe mines(Canadian company)massive platreef platinum project.



The Zebediela Nickel Project is located in the Limpopo Province of South Africa, very close to existing rail, highway, and electrical power infrastructure which runs through the property.
The Zebediela Nickel Project is a large disseminated SULPHIDE resource (favoured over Laterite resources)with mining engineering aspects similar to porphyry copper deposits in terms of size and grade. The Zebediela Project also contains significant iron minerals in the form of magnetite that is also being investigated as a potential by-product.
The PEA considered the mining and milling of ONLY 500 million tonnes of mineralised material (about 1/3rd of the total material) in an open pit mine approximately 1700 m long by 880 m wide by 250 m deep. The proposed mining rate is 20 million tonnes per annum using a contractor mining fleet. The strip ratio was calculated to be 0.36:1.
Extensive work was conducted on the Zebediela deposit metallurgy indicating that 50% of the total contained nickel could be recovered into a high quality saleable nickel concentrate averaging 16% Ni. Start-up capital expenditures including contingencies and working capital are estimated to be $650 million and sustaining capital is estimated at $58 million over the life of the mine. Operating expenditures are estimated to be $3.35 per pound of recoverable nickel.
The PEA projects a pre-tax and pre-royalty NPV of $1,018 million, an internal rate of return of 25.7% and a 3.8 year payback period at an 8% discount rate using a nickel price of $8.50/lb and a ZAR/USD ratio of 8.1. Annual cash flow is projected to be $203 million. Byproducts such as iron have not been included.
'
Compare this project size and economics to Horizonte minerals in my opinion inferior project (see cash costs and size of resource etc) for example :



mkcap of URU = approx £2m, horizonte (HZM)= £25m

The N rke Oil/ Uranium Project in Sweden which is 100 per cent owned by URU Metals. Oil shale uranium play. Potentially NUMBER 5 global uranium resource in the world, 500million barrels of oil potential. See 8mins 15 seconds in, on the webcast link at top of this post to hear about this project.

And finally the Nueltin Gold-Uranium Project in Canada. URU Metals has an exclusive option agreement with Cameco Corporation ("Cameco"), one of the world's largest uranium companies, to earn a majority interest in Nueltin Lake Gold-Uranium Project ('the Project"), in Canada.

I have compiled the above to hopefully highlight this company and it's merits to more pi's, as it is widely unknown imo. As always do your own research and chek the accuracy of the above before you make an investment decision. This does not constitute advice, merely information.