Uru Metals Share Discussion Threads

[888icb] 29/12/2014 12:49

Now top of the leader board UP 89%.
Volume over 5 million.
Its worth remembering that one shareholder holds 30% and the top 5 shareholders between them hold over 61%. So as there are not too many shares available some sustained buying moves the share price quite sharply as we have seen this morning.

[gurp] 29/12/2014 12:19

wasn't there a single large trade just pre xmas? someone in the know?
seems to have been sitting in my pfolio & dormant for too long like a few other U holdings
nice to see today's rise

[wealth_creator] 29/12/2014 10:49

My name is Wealth_Creator for a reason - I told folks in September about Kibo Mining PLC - Chat is URU could attain a market value in excess of £60m - Possible deal on horizon? - Target 30p

[wealth_creator] 29/12/2014 10:18

A few in the know are buying in IMO - How would I know that ;-) - Look at their resource statements on the website - The new CEO is a proven entrepreneur - holds nearly 30% - Only one deal needed for multiples of the current share price - He does deals

[888icb] 29/12/2014 08:52

A few buys this morning and the share price is responding. If interest is returning to uranium then this share could do very well next year. It's market cap is only £3.3 million.

[wealth_creator] 15/12/2014 19:27

Time to increase your wealth.....


SMALL CAP SHARES IDEAS: South African nickel and Swedish shale help URU Metals to think big


URU Metals’ chief executive, John Zorbas, can’t be faulted for thinking big – even if the market value of the company he runs is anything but.

Don’t let that fool you. If Zorbas and chairman David Subotic enact the transformation planned, URU will grow; probably exponentially.

It has two lead projects: a giant nickel deposit in South Africa and oil shale acreage in Sweden that also contains uranium.

It recently raised just over £800,000 that will help it develop the Zebediela nickel asset in South Africa’s mining-focused Limpopo Province.


At 1.5 billion of indicated and inferred resources, the deposit is shaping up to be a world-class asset.

If this low-grade, high tonnage operation was in production today at the 25,000 tonnes of nickel a year forecast in the preliminary economic assessment it would be the world’s 12th largest mine.

There are 485 milion tonnes at 0.245 per cent nickel in the higher-confidence indicated category and 1.15 billion at 0.248per cent ‘inferred’.

The project is plugged in to extensive infrastructure and the firm’s preliminary economic assessment (PEA) suggests it would be in the lower quartile of producers.

That report, prepared by MSA Group, also revealed the capital costs of developing an open pit would be around $700milion and, importantly, assigned a net present value to Zebediela of $1billion.

The figure was compiled without adding in the benefit from sales of magnetite iron concentrate that would be created as a by-product, or the platinum that lies beneath the planned open pit.

And then there is the nearby Burgersfort Project, which has the potential to be the twin site to Zebediela.

The cash that was recently raised will be used to 'upgrade the [Zebediela] resource, expand the open-pit and conduct more work on the magnetite concentrate', reveals Zorbas.

He is bullish on the potential for the project and the nickel market in particular.

Prices are on the rise, having jumped from $14,000 a tonne to above $20,000 since the start of the year.

The ban on exports of unprocessed ore by Indonesia has been at least a partial catalyst for that spike, while the world’s largest producer, Norlisk, is likely to be hit by trade sanctions aimed at Russia.

Zorbas certainly doesn’t see the market getting any easier as Indonesia is unlikely to repeal the embargo quickly, which points to further increases in the value of the metal.

'This is a very enticing project and when we last had prices where they were today assets like this sold for $200-$500milion,' observes chairman Subotic.

The preferred route would be a sale, Zorbas reveals; however, he and his chairman aren’t afraid to take Zebediela into production.

They had offers, when URU owned 50 per cent of the deposit rather than the 100 per cent they have now, to fund it to production.

Moving north from South Africa, the AIM listed mining exploration specialist has a second potential company-maker in its Narke shale oil acreage in Sweden, which is also host to one of the world's largest unproven uranium deposits.

It produced oil in the 1940s and ‘50s, but closed when a fall in the price of oil rendered it uneconomic.

It is known to contain 500 milion barrels of crude and there may even be gas – although this has yet to be confirmed.

The plan is to drill Narke to amass perhaps 1bn barrels resource before selling it on to a company with the deep pockets required to exploit this sort of oil discovery.

Zorbas said Narke isn’t technically challenging, but will require significant capital expenditure to maximise its returns.

That said, at a cost of around $2 a barrel, it will still be one of the most economic field developments in the world.

'If we could increase the resource to 1bn barrels this would be a game changer,' says Zorbas.

'We would look to sell it in the ground per barrel with very good economics. RBC is giving values of 80 cents for oil shale in the ground.

'We would like to sell it, retain a royalty and keep the uranium rich by-product.'

The Finnish nickel producer Talvivaara has enjoyed great success in turning a by-product from its mine into a sought after uranium concentrate.

The projected capital costs of such an operation would be far less prohibitive than developing the oil shale at possibly less than $100milion.


With two highly prospective, potentially world-class projects on its books, one would expect the company’s market capitalisation to be significantly more than £3milion.

But this is reality for a company that has done little to date to market itself or its assets – and this lowly valuation presents a huge opportunity for those with an appetite for risk.

Zorbas says 'awareness and openness will be the catalysts' that increase URU’s worth.

[wealth_creator] 15/12/2014 08:27

The next Kibo Mining......


URU Metals PLC (AIM : URU) - Current price 1.65p - Upside potential 30p

The company the overseas 'consortium's' and city professionals do not want you to know about - just yet that is - 10/20 multiple upside possible - pro buyers taking positions - note rising volume -

+Four silo commodity play - Uranium - Nickel - Gold - Oil -
+World class projects -
+New CEO with 30% stake -
+Funded -
+All projects resource drilled/proven -
+Value creation in 2015 via JV - sale - partnership - ongoing CPR's - operational activity -
+Projects in politically stable addresses - Sweden - Canada - South Africa

Company transformed by H2 2014 with new management - focus on shareholder value in 2015 - news expected

Uranium - 300,000 tons, option with world major - Nickel CPR & NPV $1 billion - Oil 500m barrels potential - Gold proven + drill ready

Micro cap company - £3.4m value - 203m shares issued - Major holders 62% - Tradable free float only 75m shares -

Interview here.....

Early stage upside to £65m market value -

Attainable target price 30p

[henryford] 12/12/2014 13:08

volume increasing this week. cheap as chips.
The Uranium alone should command
£70m mk cap. min.
Safe jurisdiction in Sweden, one of the top 3 deposits, over 3m lbs of u308.!
Then there's Nickel.
I';ll stick with the Uranium. At current prices this is worth a kings ransom.
HF

[888icb] 11/12/2014 15:54

Nice to see a little activity here. Lets hope there is some news on the way.

[mach100] 11/12/2014 13:47

Interest has woken up today. Quite a large spread so very risky but there seems to be some speculation afoot.

[888icb] 12/11/2014 00:27

URU has an agreement with Cameco the largest Uranium producer in the world. Cameco closed at a ten week high as uranium continues to hot up.
Interest in URU should return soon.

[888icb] 07/11/2014 08:07

I agree it's a very cheap stock particularly as the Uranium price is rising. It just seems to be off the radar at the moment. Market Cap is less than £3million!

[carbuthen] 07/11/2014 07:55

Would anyone like to guess how much Their Uranium Project in Canada is Worth?
Considering it's the 5th Largest Uranium Resource on The Planet!
Talk about a Cheap Stock

[the stigologist] 07/10/2014 08:11

zzzz

pathetic

[mart12345] 07/10/2014 08:00

I posted it on about 4 different boards - that's all. Just to try and highten interest and some people may be happy I did in the future.
Director share purchase last night - topping up his already large holding.

[silveraw] 05/10/2014 13:22

That will be a no then Mart, talk about a desperate post to try an raise interest. Stay away guys this is being posted all over the place a sure sign of panic.

[mart12345] 05/10/2014 12:07

Just a reminder why I like this stock:

URU metals (URU) – formely Niger uranium,
Miniscule £3.9m Mkcap,

2 massive projects namely :
Zebediel (Nickel project - potential to be in top 10 in world –SULPHIDE RESOURCE – N.P.V over $1,000,000,000 (1billion) )
&
N rke Oil shale/uranium play (potential top 5 world resource of uranium and 500m barrels oil contained).

Both projects are held 100% (to the best of my knowledge now that they recently completed a further stake build in the nickel project).

Projects in more detail:
Zebediel - combined inferred and indicated resources of over 1.5 billion tonnes of nickel. Very continuous grade throughout making it easy to map and very reliable. In the webcast link below at about approx 15mins 15 seconds in the presenter says this project once built will be in the top 11 in the world and explains all of it's merits - excellent infrastructure running through the property, continuity of grade, low cash cost (lowest quartile) etc. 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.
Sulphide resource (favoured over Laterite resources).

Above webcast is well worth listening to in full.

Of further interest this project is located immediately adjacent to Ivanhoe mines’ (Canadian company run by a serial mining entrepreneur) massive platreef platinum project. The Zebediel project has not been assessed for PGM’s however to my knowledge yet.


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. 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.

Project two - 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 help new people get a quick overview, as it is widely unknown imo.
As always do your own research and check the accuracy of the above before you make an investment decision. This does not constitute advice, merely information taken from various websites such as minesite.com, proactiveinvestors.com, and the companies own website and of course advfn news releases.

[liam wilson] 16/7/2014 11:41

Beaufort Securities URU Metals Given the attractiveness of these two lead projects, we remain... Today, 11:39 AM

[stockhope syndrome] 26/6/2014 07:27

That's a bit odd

If he is gifting to 'unrelated parties' why not gift to shareholders ? Why not gift to Charity ? Why not name the 'unrelated parties' ?

Do not trust these guys one bit.

[888icb] 10/6/2014 16:37

A nice Buy indeed 384000 @2.6p

[simonparker5] 10/6/2014 16:23

Nice big buy at way over the offer 2.6P.

[stockologist] 10/6/2014 15:48

They are in full on ramp mode assisted by the familiar crew

The few hundred k they raised won't buy them any drilling or assets so basically I assume it was to get some 'ramping money' so they can have a bigger placing

[888icb] 10/6/2014 15:38

Just ticked up on low volume. The recent uptrend continues.
The daily Mail article is quite detailed and would read well to a new investor.
If we can see some sustained buying with volume this should move north fairly sharply.