Member Info for djm1

News next week? Interview still to be released, what were they going to discuss?

Anybody done the maths on dilution for a 30million valuation for an RTO? 1 Billion shares potentially???

Still waiting for URU management to give the go ahead for Alan Green interview, we know drilling programme and contractor are to be announced, would the delay be for this?

Finally, we hope.

MRozzy, the company could do with some PR, the presentation caused confusion and on the back of the7p placing which knocked the stuffing out of any hope of an SP rise on the MR grant, a little bit of drum banging would be welcome.

I can see a bottomless hole of placings and non stop dilutions to pay for a drilling program running in to millions and millions. Thats what RND want the listing for, to raise and dilute, raise and dilute, raise and dilute. There are plenty of aim oilers for that game. Still no clarity on Texas, but Lunn wants 50% and RM was happy to get involved.

Yesterday was p-poor and 7p raise on the mining rights took all the positivity out of that as well, its alright for the board, theyre getting their salaries paid but for investors this is shoddy and yesterday was basically incompetent.

Imlom,

This is the cause of much confusion, the report is dated November,i.e written before all the work took place and was not updated to reflect works completed and that the raise mentioned in the report for drilling has already taken place, spooked people in to selling and gladly mopped up by someone still accumulating big chunks.

Span. it does.

Techguru, are they going to come out and correct it?

Its a complete clusterf..k of a presentation that has spooked a drop in share price. The company needs to clarify and soon, preferably someone with a little more gravitas than RM who is clearly being coached through interviews. Shareholders deserve better than this kind of schoolboy error which allows MMs to strip shareholder value at will. Anybody would think the company is trying to supress the shareprice. 7p for the last placing was a complete giveaway, be nice to see the board get a bit of backbone over the value of the assets they have.

Always one throwing shade.

Last two RNS say it.

Last two RNS say it.

Both Drill Rig and Geophysics are paid for.

TG have caused delay? Honestly do you think the AGM would have been called without pressure of the legal challenge? If you cant see that the board is trying to frustrate you into acccepting total dilution then you cant be helped. Still no details on Texas after all this time yet the board was going to give half away with Lunn on both sides of the transaction with no transparency at all. Are you telling me they dont know anything about them? Apparently Kalugin was looking forward to visiting them.

Looks like someone is still accumulating then, with MMs helping them get it done. Good chance of GE results next week.

Newuncle, your Tom conspiracy theories are complete horsesheet. Hes gone and moved on a long time ago.

Amy, should be multiples higher now, someone is going to step in and secure access to the asset as its in mining land with proven geology and production. Its giftwrapped.

Yep, very silly down here for whats in the ground in a location with all the infrastructure ready to go, unlike most which need years of build out before a shovel can be weilded.

Hopefully we see GE results this week.