RE: IVANHOE TAKEOVER13 May 2026 07:31
It is speculative, but geologically logical, to assume URU Metals Ltd (via its subsidiary's asset) could be acquired by Ivanhoe Mines, but there is no formal buyout offer or guaranteed confirmation.
If an acquisition happens, the transaction would likely target URU's flagship asset (the Zebediela Nickel Project) rather than URU Metals Ltd as a listed corporate entity. A reasonable valuation for the asset based on historical economics would sit between $50 million and $150 million+ (subject to localized drilling results), whereas URU's direct share of that value at its current minuscule market cap of ~£5.9 million ($7.4 million) implies a massive acquisition premium
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