Uru Metals Share Discussion Threads

[turbotrader2] 14/9/2017 07:13

It's brilliant

[supercity] 14/9/2017 07:12

9m from a depth of 133 m 1.8 m from a depth of 169 m Doesn't seem that great...views anyone?

[timw3] 13/9/2017 13:54

News Incoming - Take your pick!!Today 13:50 Read the RNS' and listen to the podcast and you will know the following news is incoming shortly:

- Acid Leaching results - CAPEX reduction (due any day)
- Assay results from drill 1 (Due any day)
- Progress on drill 2 and 3 (Due any day)
- Resource estimate update at Zeb
- Lithium asset acquisition (Canada hard rock) #1 (Could come any day)
- Burgersfort update
- TR1's? (Could come at any time)
- Acreage increase at Zeb process commenced
- Narke Update
- 6p BOD options exercised
- 9p BOD options exercised
- Zeb Asset sale/JV for $100m+
- Special Dividend paid following potential Zeb sale
- Lithium Asset Acquisition #2
- Burgersfort drilling campaign

The only thing that's changed in the company since the 4p days are:

- 4.5p Placing = fully funded for current exploration work
- Delay in drilling commencing
- 2p, 6p and 9p BOD options announced
- 2p options exercised by all 3 people holding them
- Adams International increased their holding
- Drilling commenced, hole 1 completed, hole 2/3 in progress
- Large sample sent to lab to explore an 'Acid Leaching' option to extract Magnetite (this alone worth $370m net profit), potentially significantly reducing CAPEX
- Henry Kloepper left his role at Frontier Lithium due to a conflict of interest, and was appointed to the BOD at URU (whilst also being given options @ 6p and 9p)
- Podcast stating that URU are looking at acquiring Canadian lithium assets (plural)

[would be rude not to] 06/9/2017 09:48

Our turn soon.

[love it] 21/8/2017 13:38

URU hold 17.5 million MRS shares and MRS is up 33%

[on target] 15/8/2017 09:04

Drop overdone - MRS holding is a tiny % of the market cap.

[kaos3] 15/8/2017 09:00

MRS is what is big no no imho. buying Co not people when there is no Co without people???

to refraze - who is that stupid to buy a minority stake as an absent owner in the architecture biro?

[hiddendepths] 15/8/2017 08:42

Thanks supercity - I'd missed that. I'm out.

[supercity] 15/8/2017 08:33

Poor trading statement at MRS will no doubt hit this later

[hiddendepths] 15/8/2017 08:30

It looks as if we're running out of sellers at 1.3. Clearly a chunky buyer accumulating.

Just look at that chart!

[kaos3] 15/8/2017 08:01

my take - lots of news due. many work in progress - the results of work in progress must be known to some.

is this action preparing for a huge capital increase as the drilling results are good (hur style?)

and for further aquisitions?

too much selling which is not reasonable (value style) contradict the options prices, lithium potential and all the rest. also the insiders of the industry seem to like the "natural story"

SP is massaged down by high vol trading. not plain selling probably

[timw3] 14/8/2017 22:55

Heads up Seller cleared at AAOG... $800m spud in 4 weeks!!

AAOG without doubt in play now seller out with that 1m sell printed after hours.

Fincapp valuations:

Mengo hit 750bopd - £70m MCAP - £1
Djeno hit 10k bopd - £750m MCAP - £10

So £11 potential vs 28p share price

Current market cap is only £10m once cash is stripped out.

£10m cap vs $1billion potential...

No brainer at these levels.

60p+ target at least prior to spud in 4 weeks

[timeforchange] 14/8/2017 17:14

Ducks/elephants being lined up.. rocket to 5p coming.

[turbotrader2] 14/8/2017 17:03

Maybe that day is nigh!

[hiddendepths] 14/8/2017 16:53

Really does look ready to pop. Just needs to see the end of the seller(s) and the selling volumes are not what they were - maybe we're seeing residual marketmaker selling of stock they acquired to enable the seller to exit? What is more, there's been persistent nibbling by buyers for more than a week now. It would hardly be a surprise to see a 30%+ jump in a day before too long.

[mike_f] 14/8/2017 16:42

Little flurry at close...

[mike_f] 04/8/2017 16:51

Nice finish, see what next week brings!

[hiddendepths] 04/8/2017 15:57

The seller seems to be down to 200k sells today, down from the 1m and 2m deals which were the norm hitherto. If the share price closes above 1.3 I think we have broken out to the upside.

[mike_f] 04/8/2017 10:28

idandy, as hd said! Also possible news on Lithium acquisition(s) which was mentioned in a previous RNS. No news for nearly 2 months, well overdue.

[datait] 04/8/2017 09:22

Don't forget SOLO as they will rocket soon on news and a long time coming.

Watch this space.