Uru Metals Share Discussion Threads

[pbj] 02/1/2020 14:22

Let's be honest who is going to take part in a placing no institutions that's for sure and can't see zorbas or hogan risking it, everyone knows their tactics now and only the gullible would fall for that again. In saying that there does seem to be a gullible one on here who blindly sticks up for zorbas and crew so you never know.
Looking forward to next rns it's going to be a cracker, agm and placing at let's guess 50p 40p maybe 10p maybe lights out, zorbas resigning now that's a good one, he'll definately go soon when he realises which he probably has already that's there's no more scran left here.

[yourwrong] 02/1/2020 14:21

Excuse me Lamass, who wrote that article?
...and yes it's a very, very humble one!!!!

[le mass du pap] 02/1/2020 13:52

I think you have to face facts anto, there's no money, no mining and more delays. It's a lifestyle share for Zorbas & Co to travel the world and get paid for the privilege.

The £78k will already be spent since September and there's at least another year of not earning anything. I suspect the working capital funds(read Zorbas's salary and expenses) will come from a desperate placing at a huge discount, like Zorbas managed to engineer at MRS, suspended at 15p, placing at 5p. That would be around 50p here currently. Or, it will be a D4E(debt for equity) death spiral package with the likes of York that usually means the end for shareholders.

As for the mining, well that's years away. And they'll need millions more to ever get any of it out the ground.

The 0.78M shares in issue will become 7.8M shares over the next few years as they dilute again and again. Why else do you think they consolidated? To give room below. The market cap will increase but the shareprice won't and will likely go sub 100p, where current levels will be the new 'highs' and an aspiration for current holders.

And there's still no guarantees the license will ever be granted, it'll just be used as a carrot in this new phase to keep people like you interested. Do you really think the likes of Ivanhoe are going to let little URU pitch up on their doorstep? Some nimby or enviro campaigner will appear to see to that in this first scoping phase, creating delay after delay while all the time the money drains away and more shares get issued to prop it up.

But dont worry, Zorbas will still get paid and enjoy the world's finest beaches, which is his real goal in all this. After all, where is his passion? He has interests in everything from Cannabis to Nickel mining, lol. Basically the substance doesn't matter as long as he can milk it.

Which is where your best bet to get out comes. There will be a huge discounted placing soon imho. As sure as eggs are eggs Zorbas will fill up and so will his friends. The share price will then be pumped up while they all dump. So make sure you fill your boots too when the price plummets to the placing level and dump on the spike before the price crashes. Because the only way you'll make money here is to play them at their own game. As a traditional investment, forget it.

All in my own humble opinion of course, so do your own research etc...

[yourwrong] 02/1/2020 13:28

Excuse me lamass, but who wrote that article?

[yourwrong] 02/1/2020 13:20

You don't know how to read a financial statement. No cognition of yearly costs and accruals.

Why bother? Doesn't that make you look like a 3 years old?

[yourwrong] 02/1/2020 12:22

Fat Ignorant

[pbj] 02/1/2020 12:20

Lights out face the facts gullible one

[yourwrong] 02/1/2020 12:14

How the f.ck can u call me gullible? You are the fat ignorant who don't know how to read a financial statement. No cognition of yearly costs and accruals.
Go back to school, before you even attempt to spread your very low level of knowledge!

[pbj] 02/1/2020 12:07

Ok trade and other payables

1,178,000

Still going into zorbas back pocket
Your so gullible
But their skint now so what you going to do,bet zorbas resigns as there's no chance of any more skin in this company for him going to leave you with sfa so good luck with that.

[yourwrong] 02/1/2020 11:42

The Total amount of salary has actually gone down year per year,
Did you not see that Mr Black and White?
...Of course the accruals will rise yearly....

[pbj] 02/1/2020 11:38

No word of agm date now that will be an interesting agm
No one there apart from vieira and zorbas trying to defend raising enough for salary and expenses for another year.
Placing price at big discount to the day before trying now to get price as low as possible so that placing doesn't look too bad but to be honest no person in their right mind is going to give zorbas any money as they would ever get it back and mining right never going to happen for a long time if it ever gets that far.
So looks like lights out very shortly as no funds to keep going only 54g cash left at end sept pretty sure zorbas will have that in his back pocket.
.

[yourwrong] 02/1/2020 11:33

Mr black and white did you miss the following:

Directors remuneration in 2018 was Total of 108,000
Directors remuneration in 2019 was Total of 105,000

[pbj] 02/1/2020 11:29

"In the year "

Can't you read

[yourwrong] 02/1/2020 11:22

Excuse me mr Black and White, is it that per year?

[pbj] 02/1/2020 11:02

Black and white


Included in trade and other payables in note 14 are amounts accrued in respect of fees and salary of directors' of the Company in the year totalling $785,000 being amounts due to J.Zorbas (31 March 2019:$761,000)); J Vieira ($40,000, (31 March 2019:$44,000)); K. Appleby $22,000 (31 March 2019: $16,000) and H. Kloepper ($12,000,(31 March 2019:$13,000)

Not bad 761 grand for sfa.

[yourwrong] 01/1/2020 19:40

700,000 salary, what a fat liar.

[yourwrong] 31/12/2019 13:57

And happy new year to you dude.
LOL

[yourwrong] 31/12/2019 13:55

....And you r the reason why I'm here....
....Sounds like a lv story...
...what a desperate human being!

[le mass du pap] 31/12/2019 13:49

That said, I do have better things to do now. That article and your demeanor says it all really. So you can have the last word even if it is dogdoodoo. Ciao.

[le mass du pap] 31/12/2019 13:44

I like to keep an eye on my old shares anto, as I'm sure many do. So I thought I'd express my opinion and leave it at that!

But then you decided I am not allowed an opinion, because it isn't the same as yours!

So actually you are the reason I am still here giving my opinion about this dog.

Do you see the irony?

[yourwrong] 31/12/2019 13:40

Wowwwww uru supporter?
How did you come to that conclusion?
....instead you are not a shareholder but you still spend your precious time writing on this board.....
Let me ask you again the same question:

WHY Mr dogdoodoo?