The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
So we have 780,571m shares in circulation, to take half the shares off the market it would cost zorbas £2,146,500 (MRS investment) leaving us with 390,285,500 shares in circulation. Sell URU Metals at a bargain price of £20,000,00 which gives us all just over 5p a share? £1.8m cash around Christmas which probably is now about £1.5m,so we can all have a smoke with Mr Zorbas lol these are rough figures so don’t dissect it too much
Ofd something must be happening that we don’t know about! To treat pi’s like this is unbelievable and no mention of our biggest share holder looking to change the way that it invests? As I’ve said before the attitude is as if we are already sold and just waiting for the final bits to be signed off!
Wouldn’t it makes sense for Ivanhoe mines to buy URU Metals, they have the mine next door and will have zebedelia to work on once they have finished excavating the Platreef project. What a change that would be for us pi’s to have a company that actually knows what they are doing and seeing the back of the incestuous captor and John Zorbas!
King77 think you may have misread my post, I’m not having a dig at you or saying your giving people false hope, myself and others on this board appreciate your efforts. To get a reply from anyone whether it be captor or uru is a major accomplishment! Or am I getting confused is there a difference between captor and uru because when I ring uru number on uru website a lady answers it from captor?!
King77 we appreciate your effort but do you really think your going to get anything from this person at captor? I get the feeling your being fobbed off until the results of the change at captor is decided, by that time we’ll all know anyway. Appleby (captor) appointed then captor decide to no longer invest in mining? Think how proactive zorbas was last year until June time then towards the end of the year and the beginning of this year nothing proactive from him. This is not a man who is looking for further funding this is a man sitting back waiting for sale date imho
the Company is developing an exploration strategy to define a PGE-Ni-Cu resource. This exploration programme would include induced polarization (IP) and soil geochemistry to the north and south, along strike of the targeted PGE-Ni-Cu zone, to identify zones for future drilling. It is anticipated that this would be followed up with drilling of six inclined diamond drill holes. Where are the magnetite results, the nickel leaching results? The list goes on!