Member Info for ericnat17

Thanks BO

I read this - https://carboncredits.com/nickel-forecast-2025-can-66-billion-investment-solve-the-supply-gap-aemc/

"By 2034, nickel is expected to face a deficit of 839,000 tonnes—nearly 7X larger than today’s surplus. This shows the urgent need to tackle supply shortages."

Thats how I found my way to URU

Found this in the MPRDA

"If the Minister refuses to grant a mining right, the Minister must, within 30 days

of the decision, in writing notify the applicant of the decision and the reasons. "

so all looking good for the MR soon.

From what I can see and research there is nothing left outstanding from the company re the MR approval. I assume the consultation period is complete?

So we are expecting MR any day or am I being to optimistic?

Thanks

Looks like a iceberg seller at 1.35 in 500k chunks. similar to last week and it got cleared relatively easily

Same MM highest on bid and lowest on Ask. Bit odd. Filling some sort of order?

Yep…..100% a buy.

A couple of decent buys at the close….and the 1 trade.

MM short of shares. No trade to buy when ask at 4.5

Today is looking leaky

X4 MM moved up and its only 08:20

MM now fighting to get your shares. NT at the moment on buy or sell

Gold prices soared to new highs Wednesday just shy of $4,000 per ounce, as the U.S. government entered its first shutdown in almost seven years after lawmakers failed to reach a deal on government funding.

Just one MM left on 1.3. and again they have not been on the bid for days.....probably very little shares to sell.

MM as they where at yesterday close. They have put a small sell order on to scare a few on the open. Trying for you shares again

Either= with

Hi Stebo

So either a PE of 6 that gives you approximately 15p per share.

It’s all in the numbers

So let’s just say a PE of 5. Extremely conservative. Gives a SP of about 16p. That’s only TK.

And to be clear currently the MC is about £120 million.

At $4,200/oz, profit could be potentially above $350 million, considering stable costs.

That is all very feasible within 5 Years.