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And only 11 trades / lovely
Bargain at these levels with what is coming
10p would be nice however, I would like to see it get to and hold 4.5-5p mark and then move up from there.
10p would be a great start but with so little shares I feel could be a lot higher/ not long now
Should be a run to 10p this year then still only 20 odd mill market cap at 10p very cheap still
Though URAH is very much focused on Gravelotte it should be noted the company has a second interest, the Zambian Strategic Minerals Project, comprising two licences covering over 1,200 km2 encompassing the historic Njoka graphite deposit which has been explored since the 1930s. Containing Lithium, Caesium, Tantalum as well Niobium Yttrium Fluorine pegmatites, URAH believes the Project, which predates Gravelotte, has significant potential, but capital will be sought only after the restart of operations in South Africa.
Around 168 m Shares in free float so very soon yo will have to pay a lot higher price as we get closer to producing/ if you can buy as there will be lots NT
Very nice for a company with market cap of just £5.66m
Looking good today, hopefully, we will move up to 2.2+ soon
In the latest share talk with Zak Mir below he mentions this about getting more
Https://www.gia.edu/gems-gemology/spring-2012-brazil-emerald-lucas This company has one and feeds 70.000 tons a year
Anyone know the capacity of the sorter they have - like how much material it can process? For example could they run a full commercial operation on just the one optical sorter? And if not do they have budget for more - sorry if this is all in the RNS's I just hoped that someone had looked into this to save me the time and effort.
I find it really odd that the share price isn’t a lot higher, market cap still very low for a company about to go into production. Some high profile investors as well like Andrew Austin if he is still holding.
It’s good that they are now drumming up interest by doing some PR and they are active on X, however i think the market wants to see what the revenues will be like once production starts. Revenue production will be the key driver. If its all good then it will be a multi bagger from here.
Not long now / Resources
Total mineral resources as at 2022 were estimated at 1.9-million tonnes for 29-million carats of emeralds. A further exploration target of 164- to 344-million carats exists across other parts of the licence area.
This is a bit more interesting for when production starts.
Gemfields is pleased to announce the results of an auction comprised of commercial quality rough emeralds held during the period 5 - 22 March 2024.
Highlights: March 2024 - Commercial Quality Emerald Auction
· Total auction revenues of USD 17.1 million
· 43 lots were offered for sale, of which 40 were sold (93%)
· Average price of USD 4.45 per carat
· The 47 auctions of Kagem gemstones held since July 2009 have generated USD 1,006 million in total revenues, reaching the USD 1 billion mark
This is normal for any mining company to say Commissioning has started good news.
If you waited until production started most would moan saying why no news on commissioning.
What do you want an up to second timeline clueless
That one word - “expected”
Looks like Placees want some fluffing to get out.
Why not not say nothing until the Processing and Sorting Plants are commissioned and production has commenced.
All systems go here should get a move on over 3p next few days weeks
Very true and some fools sell a few for peanuts investing here now will do well even if you want a quick trade to 3p but investing will all being will pay off here
Based on Urah's website statement of directors' holdings and those owning more than 3%,'free float is only 49.38%. Another reason for investing, in addition to the low mcap of just £5.8m, for a company planning to be in production from one of the world's largest emerald mines in a few months time.
Final results end of April, so hopefully news on production ahead of that
10 million Market cap H1