Uranium Share Discussion Threads

[borisjohnsonshair] 08/7/2014 13:25

When did Ross do anything. Worthless.

[sideshowbull] 07/7/2014 12:34

Buy £21k worth

[elsyd] 07/7/2014 10:49

Buy or sale ?

[poseidon2] 27/6/2014 08:47

interesting......or not?

[sideshowbull] 27/6/2014 08:20

Limits tight again this am.

Max buy is 52500 @0.94p can sell 500k @0.88p

[sideshowbull] 26/6/2014 15:06

For some reason they have dropped the offer to max 75k @0.92p

[daveelectec] 24/6/2014 13:34

2 sells quickly offset by a 500k buy. Order filling ?

[sideshowbull] 24/6/2014 13:20

Woof!

Max offer 350k @0.95p Well bid at 500k @0.85p

[poseidon2] 24/6/2014 12:59

Our loving cared for dog is no. 18 on the risers board today...

[sideshowbull] 17/6/2014 19:59

Been away in wonderful places.
Whole mkt is waiting for the impending rise in interest rate to be catalyst which it seems could not come sooner imo.


Holding our dog with loving care.

[poseidon2] 16/6/2014 15:39

.....well this IS exciting!

[sideshowbull] 06/5/2014 11:14

Who is the trading master who just threw away £250, value investor buy high sell low. lol

[sideshowbull] 06/5/2014 09:43

Offer pulled on 2 trades,
0.99p to buy max 250k
bid 0.85p 500k

[gardenarc] 28/4/2014 17:08

Here here side..

[sideshowbull] 24/4/2014 19:14

Funding news on May drilling program should be due soon.

Seems rigs are about $2000-$3000 per day so get to it URA.


Looking forward to updates shortly.

IMO

[acta_topup] 17/4/2014 17:54

I am not aware whether FTE have looked at ISR for their resource but it is not exactly uncommon. And 1500ppm is a lot less than Kuriskova's 5500ppm for example. Similarly to URA there is plenty of exploration upside in Africa and Slovakia for FTE. Hasi Baida exploration results still to come out. don't get me wrong - I am not slagging off URA as much as highlighting the massive undervaluation of FTE especially when you try to compare the 2 MCs together

[sideshowbull] 17/4/2014 17:25

Funding issues aside(for arguements sake) URA are planning to infil drill the maiden jorc licence dramastically increasing the jorc , which was topcut to 1500ppm and 250m apart futhermore every lb added to the jorc is on ISR model which currently places extraction at $15 per lbs where conventinal mining $40-$50 per lb.
URA grades are great considering the jaw of at least 6 known roll fronts in tier 1 alone have yet to be hit.
as I said Ura is in a much better position resource wise our elephant in the room is the May drilling and how the dillution will be thrust upon us. Nicely or with a large camel involved.

Aimo etc.

[acta_topup] 17/4/2014 16:20

I do not believe that URA have sufficiently proven their resource to merit funding for extraction , but I may be wrong on that? And their inferred resource is dwarfed by FTE's in Mauritania and Guinea let alone Kuriskova - which has INDICATED resource grades 25 x that of Mtonya - YES THAT'S 25 X THAT OF MTONYA (0.55% vs 0.0225%). FTE's Slovakian indicated and inferred resource comes to 60 million lb U3O8.

I'm sorry but there is no way getting round this. URA is outrageously overvalued compared to FTE. The only reason I can see is the number of shares in issue and the relative illiquidity of URA. But this is grossly misrepresenting the value. They don't even majority own their own project do they? FTE will 100% own Kuriskova

[acta_topup] 17/4/2014 16:11

FTE is not interested in extraction. It is an explorer interested in accumulating resource. Many mines are not viable at the current spot price, but this is anticipated to move up by 50% in the next 18 months

[sideshowbull] 17/4/2014 16:08

FTE cannot progress to extraction at these spot prices, long way off. Not one that interests me currently.

[acta_topup] 17/4/2014 14:20

The valuation once again increasingly divorced from reality especially in comparison to FTE, which should be at more than double the MC of URA

[sideshowbull] 17/4/2014 11:56

Offer now max 150k @1.02p
Bid 500k @0.92p

[sideshowbull] 17/4/2014 10:47

Def bounce confirmed off that support.

Limits cut again:

Offer 100k @0.94p and max offer is 150k @0.99p

Bid is 500k 0.85p or 1m @0.80p