Member Info for Dabbler1

No, obviously I’m surprised that we haven’t heard anything recently. I’m cautious here because I still think we could be running at a hefty loss in the USA.

If the past is any guide to the future we should expect a trading update in early June. Not that far away now. That should put some meat on the bones. As you say MM there could be more positives before then too.

Someone still has faith in URU.

Think the 500,000 was a buy. I was quoted 2.71 for 50,000 but was quoted 2.66 for 300,000. Still the same now.

Was just what the doctor ordered if you ask me. Investing in small companies on AIM can certainly leave you feeling pretty nervous at times but this was more than reassuring, indeed it was as positive as could be expected. It’s not unreasonable to guess that we could be investors in a business which could be growing by 300% a year.

It’s possible we might get a mini trading update in the morning, but I have to say I agree with the general sentiment on here that the second half of the year is when we should see some positive action.

Due in the morning. Will be interesting to see how much cash has been burnt in the USA since Christmas. If that business is finally showing good growth these could rocket tomorrow, but if not ??

Looking good.

Agree with that. Upturn imminent in my opinion.

The nickel price has gone higher, but so have energy prices. Someone cleverer than me would have to work out if this is overall to URU’s benefit because it must require a lot of energy to extract a tonne of pure nickel when it is at a low concentration. Still hoping it comes good for the holders here. I keep looking in and I may possibly buy some back at some stage.

Yep, looks very promising, discipline needed to hold during the peaks and troughs.

I wouldn’t want to be out of this over the weekend?

I bought over 200,000 through Halifax last week and the trade hasn’t shown up.

Have also jumped on board this morning.

Officially the spread is at 20% but even if you take 0.51 as the bid and 0.57 as the ask it’s still around 12%. Seems like daylight robbery to me and it’s definitely off putting to anyone who might consider buying back in.

If captor own approximately 120 million shares the cynic in me would assume they picked up the vast majority at 0.4 and 0.45p seeing as over 330 million were placed to ‘favoured ‘ investors in November ‘16 and Jan ‘17 at those prices.

That anyone buying this within the past year will almost certainly have regretted it. And anyone who sold could now buy back cheaper. I know there are a lot of genuine people still invested here and I honestly hope it turns around, its just that I can’t see it happening soon when the captain of the ship is lying on a deck chair whilst his vessel is headed for the rocks.

Dave, I think many invested here hoping that this would be the next SOLG including myself. I read some of their assay results before I sold here. I’m no expert but their assay results look far better than URUs to me.

Due to my work I know a lot of high street retailers. The ones I know are all independents. Over the past five years or so many of them have tried and failed to sell their business. Newsagents have had it. Most greengrocers have had it and even the successful ones are going to struggle if their specialist wholesalers close down. The irony is that rival retailers need each other to keep the wholesalers they all rely on viable. Independent butcher shops are doing less trade now than a year or two ago, even the quality end. I know a shop doing £300k turnover a year and the goodwill was sold for just £5k. The reason? After the staff and all other expenses paid there was nothing left and if two or three staff are ‘experienced ‘ they are nothing but a liability if they need to be made redundant. I’ve never invested here ( or shorted) but I wish I had shorted this.

Can’t believe that a grown man or woman (or someone in between), can come on here saying HAHA. People have worked hard and tried to make their money work for them. In my case I thought I would try and go for medium/ high risk shares because I won’t be getting a pension having been self employed nearly all my working life, still twenty years from retirement so not all is lost and hopefully I’ve learnt a valuable lesson if nothing else.