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Don't be to disappointed if we're not Notified exactly by end month .
We know there producing ,its all about the grades which need to be graded .
Fingers crossed there the big shiny ones ...
Only max 3 trading days left this month for rns so should be fun few days / il go for Monday rns
Hope tue 1st batch is a good grade if they are then
Booooommm
BOO !!
Many peeps buy on hype an sell before News making small percentages every day .
They miss the big gains or falls
Gla
Looks like everything is on track/ rns any time now
C&P X
URA Holdings PLC@ura_plc
4h
Material from the stockpile fed into the plant for crushing and sorting as part of the commissioning process in preparation for the start of #URAH ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐ฒ ๐ญ๐ก๐ ๐๐ง๐ ๐จ๐ ๐๐ฉ๐ซ๐ข๐ฅ
https://twitter.com/ura_plc/status/1782695980309135656
I fully agree, just topped up.
The market cap is so small that I think we will all do well very soon/ but very strange why any one would sell so close to news
Before saying that URAH is not listed on AIM, it definitely behaves like a pink sheet ...
Well, there can also be a sell-off on production RNS, AIM is a strange place. Either way, I thought we would be around 2.5p than 2p at this stage
Any day now we start production/ wish I could afford more at this silly price
According to URA website historic grades are 30g/t however security was an issue suggesting that some emeralds went missing?
Also it mentioned that there were 400 sorters at its peak so I would hazard a guess that there will be low grade and potentially medium/high grade so, much the same as diamonds. The key will be how much high/medium grade there is and if any big emeralds are found.
GLA
Not long now / think it will be a interesting week
If this were Diamonds about to be mined we would not be under the radar
Can't wait for the Market to realise Emeralds are a lot more rarer, therefore alot more expensive
Exciting times here
If the mine is profitable they won't need another fundraise and that depends primarily on the grades. If we luck out and get high grade emeralds with known antiquity, then those who own 1% or more could be joining the 10^8 club! If it's high volume commercial grade, then it's 10^6-10^7, if its opaque junk that can't get sold anywhere then they will sell the sorter and some other equipment before focusing on Zambia and we will likely get slapped with a mega placing.
One other note is that the RNS in Feb stated that the last proceeds are expected to take the company to first revenue. I assume that means based on the current set up only.
I think they will need to raise at some point however the amount etc will depend on what they can achieve using the current set up, how they intend to expand operations, to what extent and what timescales involved.
No the last raise rns in feb / The proceeds from the Fundraise from institutional investors will provide additional working capital for the Company's Gravelotte Emerald Mine (GEM) to continue production following the commencement of mining
Do they need another raise before first sales to keep going ?
Definitely not priced in IMHO.
If the grades are good this has to PoP
We will know soon enough, not long to go on production commencing
Radar lol
Sorry but how can everything be priced in this is a silly price but we all have a view / this will be 10s penny soon itโs so beien under taser
Been here since initial IPO and topped up at 1.25, looks like share price has run out of energy short term. Do we get a sell off on production news or the start of a bull run?
Feels like production is priced in but revenue and EBIT isnโt. Market will be waiting for this info