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..."Experts advise investors to keep in mind that the value is speculative and has little liquidity."

I am going to wait for if not firm news then at least talks about the permits required to start production. For now my uranium money is in AURA but BKY very much on my watch list.

A simple question which might throw some light on the dismal sp performance of late.
How many of the companies MTR has invested in are producing ore/metal/minerals?
I am more inclined to invest in WPM right now because it is a more mature company in the same game with the emphasis on silver, gold and copper production. MTR will come good imo but it is some time away yet so perhaps it is more a case of acceptable timescales for individuals commentating here? If you are hoping for a quick return this is either not for you or your timing has to be spot on or lucky.

Odd, I can suddenly smell burned shorts or at least singed cotton. Is it a Stroke.....maybe of luck?

Mostly just good research, a big dollop of courage and some great board members posting useful info.

I would be happy to donate money from my substantial profits to crowd fund a lawsuit against some of the management senseman but I suspect the key offenders will be gone within months.

While the market has some hours to go this has been a good week imo. Additional mineral finds, agreement from Sweden to mine uranium or a bid could result in a spectacular week in the not too distant future!. Plenty still to play for imo.

If you want to see 100p then this has to stop. I am wary of my own oil and gas punts because Russian gas is still flowing into Europe and a sudden outbreak of peace or a long term ceasefire will see prices fall back. Enjoy the ride!
https://www.bloomberg.com/news/articles/2022-03-22/war-is-raging-but-russia-is-still-paying-ukraine-for-gas-flows

Almost sentimentality in my case as I had invested in PMO as a penny share, followed the ups and downs but had sold decades ago. I was put off by the levels of debt in more recent years which in the end collapsed them but the new venture produces enough oil and gas to make the debt look manageable at these prices. I also never believed this end of oil ESG crap so stayed invested in this sector. My holdings HUR, CNE and HBR. I intend to sell CNE within a few months and reinvest some of it here.

Well that should get you to 60p!

In the old days I held Silver Wheaton via a HL SIP because of my interest in silver. Back then I do not think it was listed in London? I am inclined to re vist WPM because I have wasted money on explorers who promise much yet really only offer volatility to trade on rather than more certain returns. I was also a fan of MTR but exited recently as it failed to take off on copper hopes. I prefer the WPM business model and the fact they have been in this trade a long time.

PS having considered my position I purchased 8,000 more shares through HL just now.
My break even point now under 60p.

November 2020...."imminent".
15 months not exactly my definition of imminent even in mining term!.
We need + financial and operational news, it has been a long time coming with too many excuses.

Thank you for an interesting reply with some useful comparisons for context. My personal view was, repeat was, that SRB is a decent miner with some attractive grades but is very small and flies beneath the radar of most institutional investors. But, when I checked my FT portfolio for more detail I noticed that 28% of SRB is owned by institutions with 7.6% owned by River Mercantile Management.

I also checked the financials and while the sp is down 32% over the past year....hence my pain, the other figures are good. Return on Assets 8.45%, Equity 10.33% and Investment 9.55%. Hardly any debt but not much cash.

FT Share Price Forecast.....The one analyst offering a 12 month price target expects Serabi Gold PLC share price to rise to 134.04 in the next year from the last price of 50.00.

My conclusion is to hold. A few brave small institutions are invested in SRB but the company is perhaps too small and largely unseen by the main market? While I think SRB deserves a re rate it is a long time coming and there are political risks to investing and operating in Brazil and South America in general.

Hope this is of interest?

That Stan would be peachy, Uranium a useful commodity coming back into geopolitical fashion has value but any gold or rare earths found alongside it would be the financial cherry on the cake. One can only hope!

https://www.lse.co.uk/news/mining-firm-backed-by-bezos-and-gates-to-begin-greenland-drilling-fmjhjnnpybwe2xt.html

A very demanding environment in which to mine copper and other minerals. Makes SOLG assets and extraction costs look attractive.

https://seekingalpha.com/news/3815678-uranium-outlook-improves-uk-plans-to-increase-nuclear-to-25-of-energy-mix
Very good news from the UK regards demand for fuel but AURA now needs to press on with production of ore. I suspect even a modest amount of production will give the sp a massive leg up.

Funny how time changes a situation. Not long ago the future of HUR and its investors rested on CRS fighting to block the destruction of a viable oil producer. Now HUR might prove to be the game changing investment for CRS! Very glad enough investors kept the faith, pinged off emails and helped to save HUR.

I added a few more today redknight1 I was encouraged by the sp trend over the past week and while it is not guaranteed to happen next week the company is sat on a Tier 1 Resource that mining majors will want to own and control.

P1D somebody clearly buying the rumour that Madrid will grant the permits this year.
I am not so confident and willing to wait for firm news.

A clever pitch to the Spanish people and the idiots they elected in Madrid!
Russian Uranium Bad......but Spanish Uranium Good!

mariog the easiest way to take over HUR is to quietly purchase the 29% owned by Crystal Amber and the rest on the open market. Given Crystal Amber is a small but professionally run fund they will know who to call when they feel inclined to sell. Or might CA launch a hostile bid to get HUR on the cheap and then sell on a month later for a decent profit? Really not sure, will have to wait and see.