Murchison United Nl Share Discussion Threads

[foofighter100] 06/4/2005 11:30

Buying started again

[dadob1] 30/3/2005 09:30

With a fund raising under way and nothing to mine are we really worth £10m????

[jda] 21/3/2005 16:41

Best sort skipster

[skipster] 21/3/2005 11:46

a non-denial denial?

[cyberian] 21/3/2005 11:22

Exactly JDA....I see that the ASX has asked for a similar level of clarification from Reefton (RTM) whose shares have shot-up on a reported Uranium development in S. Australia...Uranium is getting some people excited and perhaps caused the spill-over of interest in MUU down under today?

[jda] 21/3/2005 11:18

There is no smoke without fire. Remember the last people to know anything is the shareholders.

[cyberian] 21/3/2005 10:33

Posted at 8.19 am on the other header that in Aussie the shares were up 23% ....see the ASX are correctly vigilent and drawn a response from the company as posted on this tread already. Company trying to damp things down a bit but in reality things are stirring in my opinion.

[skipster] 21/3/2005 10:08

RNS Number:9905J
Murchison United NL
21 March 2005

Murchison United NL ("MUR") received a letter today from the Australian Stock
Exchange Limited "noting a change in the price of the Company's securities from
9.3 (Australian) cents on 18 March 2005 to a high of 12 (Australian) cents
today. We have also noted an increase in the Volume of trading in the Securities
over this period"

Attached is MUR's response sent to the Australian Stock Exchange, which we
understand will be released to the ASX market before the start of trading in
Australia tomorrow.

21 March 2005

ASX Operations Pty Ltd

Level 8

Exchange Plaza

2 The Esplanade

Perth

WA 6000


RE: ASX- Price query

In respect to your letter today we advise that:

1. and 2. The Company has no information that has not been announced which,
if known, could be an explanation for recent trading in MUR securities. On 2
February 2005 MUR announced that it was commissioning SRK Consulting to complete
a review of the prospectivity of a landholding package for uranium in the
countries of Niger, Mali and The Republic of Guinea. SRK has commenced their
review of Guinea. To date no report has been received other than the initial
preliminary report referred to in the 2 February 2005 announcement. MUR is not
expecting any report in the near future. As soon as MUR receives SRK's report
on the prospectivity of uranium in those landholdings it will update the market
in accordance with its obligations under Listing Rule 3.1.

3. The Company is not aware of any other explanation for the price
change or increase in volume.

[skipster] 21/3/2005 09:02

Something brewing? Up 13%.

[cyberian] 21/3/2005 08:19

Yep!!! 24% up on fair volume down-under...equiv. price here would be 4.75p bid and 4.96p offered....you pays your money and takes ones chance. Wonder whether they will adjust the price for the new shares at 19th April meeting...guess they should on the 2nd tranch of approx. 25 million at equiv. of 1.85p. Cant see why the Hartleys "sophisticated" customers should get them so cheap.

[foofighter100] 15/3/2005 18:01

big deals gone through today, might be warming up again!

[dadob1] 15/3/2005 16:42

Any rumours kicking about??????????

[dadob1] 04/3/2005 18:24

The stock is not generally up it is staying put until any more news comes out(or leaked out)

[cyberian] 02/3/2005 09:48

Aussie price up again and equiv. to 3.65p/3.93p...believe the company is hoping to reach an investment decision during 1Q, so perhaps the action will warm-up soon?

[noirprince] 25/2/2005 17:21

shareholders will continue to be provided with regular updates of Murchison's
consideration of these, and any other, opportunities that the board of Murchison
believes are worthy of considered investigation.

Is it time for an update yet????

[cyberian] 16/2/2005 16:38

Further my 157 post the MM appears to have got the stock he wanted at 3.5p 1,500,000....so someone wants stock at around this level. More news soon..??

[noirprince] 11/2/2005 22:14

MUU Share site now up but password protected. Not available a couple of weeks ago. May be up and running soon? With updates. Awaiting reply on e-mail will update when replied

[cyberian] 10/2/2005 09:09

Shares still firm in Australia and has a price equiv. of 3.85p bid to 3.95p offered...so we lag behind a bit here as of last night. MM's are looking for stock in the London market according to my broker who is being bid size!!

[noirprince] 07/2/2005 18:11

Up 5.7% down under. Looks like we're gonna level off at around 3p until more news.

[energyi] 03/2/2005 14:23

URANIUM soon??


The Company wishes to confirm that following receipt of a preliminary report
from SRK Consulting (UK), Murchison has commissioned SRK Consulting to complete
a further and more detailed review of extensive landholdings in the countries of
Niger, Mali and The Republic of Guinea. SRK's scope will be the review and
interpretation of existing mines department information in each of the relevant
countries to assess the prospectivity of the landholding package for uranium
with a view to assisting Murchison in deciding whether to pursue application(s)
for appropriate exploration tenure over some or all of the subject areas.


SRK have estimated that the review will take 2-3 months.


SRK will commence their review in Guinea where Murchison has been advised that
for SRK to conduct their review, Murchison will be granted an exploration
licence with a 3-year term at nominal cost. This is not equivalent to an
exploration licence in Australia and carries no minimum spend or on going
obligations and the Company is entitled to surrender the licence at any time
without liability. SRK will then review the opportunities in Niger and Mali
where it will apply for such reconnaissance or exploration permits as are
required for SRK to conduct its detailed review.



The company is also investigating opportunities for uranium projects in Eastern
Europe.

[trop] 02/2/2005 19:43

interesting update.. or is it me?

[swalker] 02/2/2005 09:17

Update of Company Activities RNS issued:

[initiate] 01/2/2005 19:19

True 'at this time' leaves the door open I guess, but I was under the impression that the price in London followed the price in AUS not the other way round.

[cyberian] 01/2/2005 17:04

initiate...the release said that they were not looking at a reverse takeover situation....."at this time"....so I guess things can change. Anyway, Australia is unlikely to give us a big lead tomorrow as I think most of the "book" is run out of London. Wish the company would officially advise who they have as advisor, and perhaps add some UK based personnel to their board. Would have thought the company will need to raise considerably more money in the near term than that raised recently in Australia. We could have a flat period of a month or so before any serious action...still a good punt.