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URU Uru Metals Limited

50.00
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Uru Metals Limited URU London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 50.00 08:00:00
Open Price Low Price High Price Close Price Previous Close
50.00 50.00 50.00 50.00
more quote information »
Industry Sector
INDUSTRIAL METALS

Uru Metals URU Dividends History

No dividends issued between 24 Apr 2014 and 24 Apr 2024

Top Dividend Posts

Top Posts
Posted at 29/12/2023 13:35 by triskelion
Cash and cash equivalents down to US$383,000.
One increasingly wonders what the point if any of URU's ongoing existence might be, never mind the costs of maintaining its AIM "listing".
Without doing a deep dive, one wonders if it should transfer its subsidiary's holding of ZEB Nickel Corp. to URU shareholders in return for cancelling members' shareholdings in URU.
"URU’s continuing role as the technical operator of the Project" - presumably at least in theory could be transferred to ZEB Nickel Corp...?
ZEB Nickel Corp. is listed on the Toronto Stock Exchange so presumably can be dealt on the usual UK retail investor platforms and regulatory environment much the same as AIM? zebnickel.com
Posted at 11/5/2023 17:26 by hedgehog 100
02/05/2023 11:14 Alliance News Alliance NewsIN BRIEF: Seed Capital hires Uru Metals CEO John Zorbas as CEO LSE:SCSP Seed Capital Solutions Plc
02/05/2023 07:30 UK Regulatory (RNS & others) Seed Capital Solutions PLC Board Changes LSE:SCSP Seed Capital Solutions Plc

"Seed Capital Solutions plc (LON: SCSP), a Company formed for the purpose of acquiring a business or businesses operating in market sectors that can display strong ESG credentials, is pleased to announce the appointment of John Zorbas ("John") as Chief Executive Officer ("CEO").

John Zorbas, aged 52 has over 15 years of experience in global equity markets in an executive role. He is CEO of AIM listed URU Metals Ltd (AIM: URU), a position he has held since 2014. Since 2021 John has been working in the ESG space as a Non-Executive Director at Zeb Nickel Corp and PowerTap Hydrogen Capital Corp. Mr Zorbas will take up his position as CEO of Seed Capital Solutions Plc with immediate effect.

Incoming CEO John Zorbas commented: "I am delighted to join the Seed Capital Solutions Board at the start of a game changing investment journey. More than ever the world needs sustainable solutions to societal problems, and this is a factor that investors have become increasingly aware of."

"ESG solutions need support and investment more than ever before, and I look forward to seeking out innovative companies with the requisite credentials to accelerate our growth as a UK listed company."

Chairman Damion Greef commented: "I am pleased and excited to have John Zorbas join us as CEO of Seed Capital Solutions Plc. John has a global mindset and longstanding experience of multiple financial markets and is also an experienced investor in ESG opportunities. We look forward to bringing this experience to bear as we assess acquisition targets."

The Company also announces that Non-Executive Director Derek Ward will be stepping down. The Board would like to thank Derek for his efforts in bringing Seed Capital Solutions to market and wish him well for the future."
Posted at 17/2/2023 16:21 by bozzy_s
It's someone manipulating the closing share price, in order to put URU on the leaderboard next day.

Example: All day the spread is 150-250. So the price is 200. At the end of day auction, someone makes a trade at 150, which becomes the closing price. It's the final UT trade which determines the closing share price - look at the past few days' trades.

Next day, the shares open at 150-250, therefore apparently up 50 from the previous day's close of 150.

It's smoke and mirrors.

My guess is someone's trying to drum up interest in order to sell their shares. Someone with access to the closing auction, so therefore probably a decent sized position.
Posted at 12/2/2023 19:46 by 888icb
ZBNI was Up 28.23% on Friday and has a market cap of CAD 13.72 million, which is £8.49 million. So URU’s 75% of ZBNI is valued at £6.36 million which is 2.5x URU’s current market cap of £2.47 million. URU looks due for a rerate to reflect the increasing value of its principal asset.
Posted at 06/2/2023 11:02 by 888icb
URU is currently Up 33% and top of the Leaderboard on very low volume and a very large spread. The move presumably relates to its largest investment ZEB Nickel moving Up 18.92% on Friday. It will be interesting to see if ZEB Nickel is going to have some good news in the near future.
Posted at 31/1/2023 14:39 by 888icb
URU is back trading as from 2pm today.
Posted at 08/10/2022 14:13 by triskelion
Alliance news item appeared 20:17 Friday night at SharePad but seems to basically rehash URU's own RNS of 30 September 17:59 (also Friday)
Zeb Nickel Corp. has commenced drilling at the Project.... The Company also intends to strengthen the Board of URU with the appointment of an additional independent non-executive director, who will be UK based, as soon as practicable...

oh btw ...[because: COVID, social distancing, etc at the company responsible for preparing financial statements for auditing] URU's auditors are unable to sign off before 30 September 2022... the Company requested and has been granted a three-month extension to the filing deadline...

October surprise? But the RNS contains more info including on cash position etc.
Posted at 15/3/2022 09:11 by hedgehog 100
15/03/2022 07:00 UK Regulatory (RNS & others) URU Metals Limited Drilling results from ZEB Nickel Corp LSE:URU Uru Metals Limited

URU announces that ZEB Nickel Corp. has today announced the completion of the most recent phase of exploration drilling on the Zebediela Nickel Project ("Project").

URU successfully completed the disposal of the Project to ZEB Nickel Corp. in August 2021 and the Project remains the primary focus of URU, through its 74.82% interest in Zeb Nickel Corp. and URU's continuing role as the technical operator of the Project.

The ZBNI announcement is as follows:

Higher grade nickel sulfide and associated PGE mineralization of up to 1.7% nickel intersected in Critical Zone and adjacent lithologies during exploration drilling on the Zebediela Project.

Zeb Nickel confirming that the Project hosts the up-dip extension of Ivanplats geology.

Highlights of results:

-- 0.71 g/t 3PGE+Au (58% palladium content) and 1.7 % nickel at a depth of 260 m below surface;

-- 6.4 g/t 3PGE+Au (89% platinum content) and 0.39% nickel at a depth of 72 m below surface;
-- 2.13 g/t 3PGE+Au (61% palladium content) and 0.47% nickel at a depth of 214 m below surface;

-- 1.27 g/t 3PGE+Au (45% palladium content) and 0.69% nickel at a depth of 320 m below surface;

Vancouver, BC, March 15, 2022 - ZEB Nickel Corp. (ZBNI:TSX-V) (OTC:ZBNIF) ("Zeb" or the "Company") is pleased to announce that the Company has completed Phase 2 of exploration drilling on the Zebediela Project and has successfully intersected Critical Zone lithologies in all drillholes with reported assay results in this recent phase, located beneath the historical 43-101-compliant 1.5 billion-ton sulfide nickel resource which contains approximately 3,955 kt of nickel.

A weighted average calculation using a cut-off grade of 0.31% Ni from this phase of drilling has resulted in an increased grade of 76% higher than that declared in the historical resource used in the existing Preliminary Economic Assessment (PEA). This existing historical resource consists of an Indicated Resource of 485.4 million tonnes averaging 0.245% Ni, with an additional Inferred Resource of 1,115.1 million tonnes at 0.248% Ni using a cut-off grade of 0.1% Ni.

The Critical Zone of the Bushveld Complex is the geological horizon that hosts Platreef-style mineralization in the Northern Limb, which is the mineralised zone currently being mined at Anglo American Platinum's flagship Mogalakwena Mine, and Ivanhoe Mines Platreef Mine (average depth of 800 m). The location of the project in relation to Mogalakwena Mine and Platreef Mine is shown in Figure 1 below.



Figure 1: Location of the Zebediela Project in relation to Mogalakwena Mining Complex and Platreef Mine.

This phase of drilling is a continuation of the first phase conducted by the Company for a total of 4,901 m in both Phase 1 and Phase 2, targeting higher grade nickel PGE mineralisation in Critical Zone rocks found beneath the existing NI43-101 compliant nickel resource.

The Company is pleased to announce that these Critical Zone rocks have been discovered along a strike length of at least 3 km.

6 holes were completed in the Phase 1 drill campaign and a further 8 holes were completed in the Phase 2 drill campaign (assay results for 5 holes are outstanding).

Exploration results from the drilling campaign are presented in the table below, and the location of these holes are presented in Figure 2 below. Drill core diameter for all holes is NQ and drill holes are drilled at an inclination of 50 degrees on an azimuth of approximately 45 degrees. ...
Posted at 09/3/2022 09:33 by hedgehog 100
Terminator,

URU should be viewed as indirect investment in Zeb Nickel Corp., which in effect it is, at a big discount.

And URU's John Zorbas is just the seventh of Zeb's listed directors on its website, let alone being the CEO or Chairman.

So John Zorbas certainly isn't at the helm of Zeb Nickel Corp.

In fact, he is the only one of the seven Zeb Nickel directors for whom the "Read More" option doesn't bring up any more info.:


It looks to me like his only reason for being a Zeb Nickel director is as the representative of its currently largest shareholder (i.e. URU).

So there's no reason to think that he will have any active executive role in the company.

And because Zeb Nickel Corp. is a new company, it won't have any toxic legacy of embittered shareholders who have lost money.


With regard to URU itself: yes, the share price has fallen a long way over the long term, but that can be a sign or tremendous inherent value, with the sums previously invested not reflected in the current value.

If you remain fixated on the rear view mirror, that can blind you to the opportunity going forward.

I note though from the long term URU chart that it has actually had periods of very good performance, when markets have been favourable:
1. From late 2008 to late 2009, URU 8-bagged.
2. From mid 2016 to early 2017, URU 10-bagged.

Timing is all-important in mining investment.

URU has multibgged before in good market conditions, despite the involvement of JZ, so why shouldn't it do so again?
Posted at 02/3/2022 14:46 by hedgehog 100
19/01/2022 07:55 UK Regulatory (RNS & others) URU Metals Limited Zeb Nickel Corp. announces trading on OTCQB LSE:URU Uru Metals Limited

"URU Metals Limited (AIM: URU) is pleased to announce that ZEB Nickel Corp. has received final approval from the OTC Markets Group to begin trading on the OTCQB market under the ticker symbol "ZBNIF" at market open on January 19, 2022. The Company through its 74.82% interest in Zeb Nickel Corp remains the primary focus of URU. Trading on the OTCQB Market is a positive step forward for both the Zeb Nickel Corp and its shareholders, allowing Zeb Nickel Corp to now have access to the United States investment community, through its new U.S. listing on the OTCQB. With the support of the OTC Markets Group, the company expects to be able to continue to advance the company within the U.S. investment community.

The OTCQB is the premier venture marketplace for developing junior resource companies in the United States with its commitment to providing a high-quality trading platform for U.S. investors.

To be eligible, companies must meet high financial standards, including being current in their financial reporting, follow best practices corporate governance, have professional third-party sponsor introduction, demonstrate compliance with U.S. securities laws, and undergo an annual verification and management certification process. The OTCQB is recognized by the Securities and Exchange Commission as an established public market that provides current public information to investors the need to analyze, value and trade securities. For further information on ZEB Nickel Corp. please visit www.zebnickel.com"




"ZBNIF
ZEB Nickel Corp.
Ordinary Shares
0.22"

"MARKET CAP Market Cap
12,074,653"




US$12.074M. = c. £9.056M.

URU owns 74.82%, = c. £6.77m.

Current URU market capitalisation at 1.35p: £2.22M.


With the price of nickel soaring, and Zeb Nickel well-financed and with a huge nickel resource, URU now looks looks like a real buy opportunity.

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