RE: Stock Supply22 Apr 2025 20:50
What value will the mining permit add here?
URU hold 73% of this resource.
I note the last resource estimate was 2012,with significant drilling since.
What interests me here to the point of investment is the CEO of Zeb Nickel who was formerly of Eurasa Mining,
So they received the EIA last August,so are now awaiting the 30 year permit.
Another positive is the very low free float.
The recent aerial survey at no cost to the company would suggest another parties getting involved here,but who?
Worth doing due diligence here,it appears there most likely will be a significant re rate upon the granting of the mining permit,valid for 30 years.
£2,2M market cap is very enticing