Murchison United Nl Share Discussion Threads

[dadob1] 15/5/2008 17:03

posted my MUU share certs onto Iweb the other day and they have lost them claiming only the crest transfer forms were in the envelope.

How do I go about getting new ones issued??

Thanks

[fingolfin] 15/5/2008 09:41

yes, a large jump on no news...lets hope it continues when we find out the reason why

[tsmith2] 15/5/2008 09:25

I know they have started drilling but why such a jump - maybe the readings where highly radioactive!

[gerri-c] 15/5/2008 07:06

Yep, moving nicely. :-)

[tsmith2] 15/5/2008 06:55

up 17% in oz!

[jda] 13/5/2008 15:13

drilling results could be positive with large potential uranium mine?
Could be a cheap buy.

[fingolfin] 13/5/2008 15:01

Some great buys here lately - somethings up?

[jda] 09/5/2008 11:56

Fingers crossed on the drilling.

Could reserect the shares back to old levels

[fingolfin] 10/4/2008 14:32

200,000 @ 5.5p - someones anxious to get some of these!

[vanbrussel] 26/3/2008 14:25

All depends on the outcome of the Maroochydore scoping study
Could be a substantial revaluation of MUU

Look for slide 33 on this mornings 'ABY' presentation (26/03/08)
Says study is commisioned!



AS FROM HOTCOPPER.COM.AU

re: scoping study commissioned 500k tonnes copper (by poster Vayama)

• Covers geological review, processing and metallurgy mine design
that sounds like everything to me...
that's why I am phoning...to see how official it is...
it think an official announcement should improve the share price and re-rate hopefully to around 16 to 18 cents, even 20 cents...

-------------------------------

re: scoping study commissioned 500k tonnes copper (by poster Vayama) on Mauritania

Frog...am I not sure about the uranium...however my knowledge is very limited...
I was reading up on in situ leach (ISL) mining, which according to the reading is for sandstane and sendiment deposits..

the Mauritania deposit is in granite, which I suppose may possibility make it less attractive if it must be mined by conventional methods..

i did email MUR about this and got the following answer:

"Thank you for your email.

I have referred your questions to our Technical Director. He advised that it is still very early in the process. Further infill drilling would be required to model a shape for possible JORC calculation. Concerning heap leach mining, yes that would be a possibility, but again, it is still too early to decide best method."

[defomaybe] 26/3/2008 13:34

anyone think the price may still drop slightly?
and any views of share price by next december?

[gerri-c] 26/3/2008 10:17

At least someone was tempted to buy.

[teacake] 26/3/2008 08:30

Gone very quiet. Thought the board would be buzzing after this morning's news. Any one there?

[fingolfin] 14/3/2008 09:32

I would have expected a better reaction also. Looking forward to the results from the rest of the holes.

[ceckyspunt] 14/3/2008 09:29

great news yesterday regarding uranium results...really high grade...yet market appears to have missed it!

[gerri-c] 13/3/2008 08:25

dadob1,

I didn't notice a correction.


Strange that today's news has taken the offer lower.

[dadob1] 27/2/2008 21:20

gerri-c

looks like a correction from the day before

[gerri-c] 27/2/2008 07:57

Nice rise in ASX:MUR

[fingolfin] 08/2/2008 16:26

Good increase the last few days given the market trend. Here's hoping for good news from Mauritania

[vanbrussel] 19/11/2007 08:34

Investor Presentation Europe November 2007 (19/11/07)

[vanbrussel] 15/10/2007 11:07

A good example is the (UraMin) AREVA episyenite deposit in neighbouring Senegal

License area is highly prospective with known uranium mineralisation historically reported at 3.8 million lbs at a grade of 0.24% U3O8

Over 40,000 metres of historical drilling previously undertaken

The area covered by the Mining Convention is described as 'Saraya East' and is 2,992 km2 in extent. The area was extensively explored by COGEMA-BRGM in a three phase program during the late 1950's, 1970's and early 1980's. Uranium mineralisation was identified as being Episyenite hosted, resulting from hydrothermal remobilisation and alteration of the surrounding granites. An historical estimate of approximately 750,000 tonnes at an average grade of 0.24% U3O8, which equates to 3.8 million lbs of U3O8, was completed by COGEMA*. However, the project was not economical to mine at the uranium prices of the time. Recorded intersections are at depths ranging from 50 to 220 meters below the surface. In terms of the Convention, UraMin Exploration has committed itself to spending US$5,996,000 on its prospecting activities in Senegal over a three year period

► Grades normally between 0.15% and 0.25%
► Individual deposits are relatively small:
above = 1,725 tonnes U3O8 for 750,000 ton of ore at 0.24%
MUU 9,500ppm (0.95%) sample is really exceptional for episyenite

MURCHISON UNITED:
A quick count for 'BIRE' at Bir En Nar: as on map 1 in NR

Three drilling zones
1. 50,000m² x 100m depth = 5MM m³ x 2.5 sg = 12,5MM ton
2. 25,000m² x 100m depth = 2.5MM m³ x 2.5 sg = 6.25MM ton
3. 15,000m² x 100m depth = 1.5MM m³ x 2.5 sg = 3.75MM ton

► Makes a 22,500,000 ton PROJECT AREA: compare this with the 750,000 ton mentioned above

[vanbrussel] 15/10/2007 07:47

October 15, 2007

Murchison United NL: Uranium Drilling to Commence in Mauritania West Africa


Initial 4,000m RC drilling program to commence in Bir En Nar region of Mauritania.

Drilling scheduled to commence in the first half of November 2007.

Drilling to follow up previously reported sampling results of up to 9,500ppm Uranium.

PERTH, WESTERN AUSTRALIA--(Marketwire - Oct. 15, 2007) - Murchison United NL (ASX:MUR)(AIM:MUU) is pleased to announce that it is preparing to commence its second uranium drilling program in West Africa, focusing on one of its key Exploration Licences in the Bir En Nar region of the Republic of Mauritania.

The forthcoming drilling represents the first drilling program to be conducted by Murchison United within the extensive portfolio of uranium interests it has secured in Mauritania. It follows the successful completion of its maiden drilling program earlier this year at the Firawa prospect in Guinea, which returned encouraging initial results.

► The drilling program at Bir En Nar is scheduled to commence in the first half of November 2007, and will comprise 40 RC drill holes to an average depth of 100m per hole for a total of 4,000 metres of drilling. The drilling will focus on one of the Company's southernmost licences in the Bir En Nar region, where episyenite samples collected during previous field reconnaissance visits have returned assays of up to 9,500ppm U.

The Company's original intention was to conduct a program of diamond drilling at Bir En Nar, however this was changed due to difficulties in obtaining adequate water supplies.

Samples will be taken every metre for multi-element analysis in Canada and the Company will release the results of the drilling to the market as they become available. Figure 1 overleaf shows the planned drill-hole locations in relation to historical exploration work undertaken in the region by Minatome. The map also indicates locations where samples of greater than 2,000ppm U were collected during previous field visits conducted by Murchison United.


To view Fig.1 Planned R/C drilling program, click on the following link:

►


To view Fig.2 Location of Murchison United's "Group 4" Uranium Exploration Permit Areas in Mauritania, click on the following link:

►

Murchison currently holds six uranium exploration permits in Mauritania covering a total area of 8,200km2 with additional permits under application. The permit areas are in the north of the country near the town of Bir Moghrein and in the Bir En Nar region. They are contained within the Reguibat Shield, part of the West African Craton.

This significant uranium exploration opportunity was originally identified by the Company's Technical Director, Mr Bosse Gustafsson, from a study commissioned by the World Bank, and further refined from aeroradiometric data highlighting the areas' prospectivity for uranium occurrences and follow up field reconnaissance visits.


To view Fig.3 Location of Murchison United's Bir En Nar Project in Mauritania, click on the following link:

►

Commenting on the announcement, Murchison United's Managing Director, Mr Mark Reilly, said the Company was embarking on an exciting phase with the commencement of drilling in Mauritania to follow up promising results from previous fieldwork.

Murchison United has secured an extensive portfolio of uranium exploration projects comprising some 13,600km2 of highly prospective tenements in Mauritania and Guinea, West Africa. Its objective is to delineate significant new uranium deposits within these under-explored terrains.

Murchison United NL is an Australian-based no liability company whose principal activity is minerals exploration. The company currently has uranium exploration projects in Mauritania and Guinea in West Africa and copper interests in the Millennium copper leases in Cloncurry, Queensland and the Maroochydore copper project in Western Australia.

Shares in the company are listed on both the Australian Stock Exchange (ASX:MUR) and the Alternative Investment Market (AIM:MUU) of the London Stock Exchange.

The information in this announcement that relates to exploration results is based on information compiled by Mr. Bosse Gustafsson, who is a member of the European Federation of Geologists a Recognised Overseas Professional Organisation ("ROPO"). Mr Bosse Gustafsson is a full time Technical Director of Murchison United NL and is responsible for exploration activities in Mauritania and Guinea. Mr Gustafsson has sufficient experience, which is relevant to the style of mineralisation and the type of deposit under consideration and to the activity, which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the 'Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserve'. Mr Gustafsson consents to the inclusion in this report of the matters based on their information in the form and context in which it appears.

[vanbrussel] 08/10/2007 03:11

Copper to $9,000 - upside underestimated

Copper specialists Bloomsbury Mineral Economics believe that we can expect copper prices to reach $9,000 a tonne within the next two years.

LONDON by Lawrence Williams (05 Oct 2007)

In a presentation at Mining Journal's 20:20 Copper Day in London, Chris Welch of copper specialist analytical service, Bloomsbury Mineral Economics (BME),
► made a strong case for copper reaching $9,000 a tonne - $4.08 a pound - by 2009. Given that BME has a great track record on copper price predictions such a prediction should not be taken lightly!

The premise behind the prediction is that the supply gap is continually underestimated by many analysts and factors which should be built into their pricing models are often excluded. Notably Welch feels that mine production is invariably over-estimated, and the figures also do not take into account the amount of copper or concentrate which is, at any given time, tied up in working stocks, and material in transit and being processed.

This effectively means that even if, for example, metal production moves into a small surplus, as is possible in 2008, the amount that is actually available to the market is somewhat less than this and helps maintains the copper price at current levels.

The stock low point is likely to occur late this year, but copper availability is still likely to be in commercial deficit through 2008 and 2009 and may achieve balance in 2010. This is the basis for the BME price prediction of $9,000 copper by the end of 2009.

► This scenario - or at least the general overestimation of copper mine production by analysts - was also commented on by another speaker, Justin Longley of International Copper Resources. He showed a most interesting chart of analysts' predictions against real output which showed a huge divergence, based on figures from Xstrata.

The point perhaps that both speakers were making is that individual corporate presentations of copper mine supply are frequently heavily overestimated but many analysts may take these as reality without applying a big enough discount for projects which are cancelled, fall behind schedule or for major supply disruptions for technical, political and labour reasons. Real growth in copper consumption remains very strong, older mines are becoming depleted and grades are declining sharply.

Another interesting point which arose in Longley's presentation was the rate of copper usage per capita in the Asian sector in particular. It was pointed out that growth in Taiwan and South Korea has been very high in relation to the developed nations where the curve was lower because of the existing copper based infrastructure. ► But in the real growth economies like China and India, this growth pattern has hardly started yet, and should this rise to Korean or Taiwanese levels then the effect on the$ supply/demand pattern could enormous with price development which could make $9,000 copper itself a huge underestimate!