Uru16 Apr 2026 20:41
We are going in the right direction slow and steady, we really need to get a move on now though as the mining right is secured, I’m expecting an announcement soon regarding the MR completion of filing.
Positives are that the overall basket price is increasing as the average Nickel prices is slowing increasing and if we can hit some nice target zones with good grades the whole project could have a significant upside
URU is doing exactly what it set out to do and that was buy land, prove it up and sell it on. However I don’t believe anybody expected it to take this long.
URU had also said in previous announcements that they would consider developing and mining themselves but I don’t think it would come to that.
I believe the next coming months will be very interesting especially if we get the good grades results we are hoping for, followed by a buyer and dividend payout for all shareholders,
Unfortunately if we want to continue to drill and prove up then it’s gonna cost more money and a placement is inevitable,
I do feel that selling part of URU to ZEB wasn’t such a good idea as they are also as slow as a tortoise.
Anyway GLA lol