focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Amtech you been spying on me? it’s not a shell suit it’s a tracksuit that I run in. The shell suit is for weekends while hanging around the local offlicense hoping to catch a glimpse of zorbas. Good to see you back to keep us all in order
Here’s another one for you, the mining charter has been a thorn in our side since it was changed last june, so if we did have a buyer they would surely want to know what the mining charter result would be before signing a deal! This has been ongoing and will hopefully be resolved within the next couple of months which will surely favour investment in the mining industry. As many people mention more has to be done to zebedelia for it to sell, but surely we must get to a point where we are finding more and more increasing the overal selling price of zeb/uru and making it a smaller market to sell such a large project! Obviously Imho
Evening king77 loved the rns today saying oh we got the wrong person! So does this mean information for Mr Kloepper is still to be disclosed under Schedule Two (g) of the AIM Rules for Companies?? At the reporting date 28th December the Company had cash resources of US$1,835,000 and no borrowings, so no placing coming up! Imagine if this money was used to purchase shares back lowering the overall shares issued at URU Metals and oh look a very low price.
1.8m end of September, can only guess at the moment as to what’s left in the pot? But if we did need money zorbas would not get it from pi’s it would be from ccc who have loads of spare cash. That’s if you believe the tripe of oh yeah we looking into a plan and will drill 6 holes! We have no plan at the moment but def 6 holes hilarious!
Correct king77 looking into a strategy? What they been doing since December then? Also where are the magnetite results? nickel leaching results? The extension of zebedelia? The news that would actually move the price upwards! And why would you not test zo19 from September? testwork to determine PGE-Ni-Cu recoveries will be conducted in due course.
No not at all pia it would of dropped whatever they put in the rns if it didn’t include the sale of zebedelia or uru as a whole. So imagine zorbas had to keep the sale quiet so the share price didn’t rocket ( no information for new investors) (rns to keep share down) ( Kloepper swapped out for a financial advisor) ( rns with work to be done next but no details) how can you show no interest in pi’s if you need more cash, unless you know you won’t need money as you know it’s being sold. I would of thought we would have had a primary bid this evening if zorbas needed money for more development?! Zorbas is no fool
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. (AND MORE) still waiting on magnetite & nickel!!!! Metallurgical testwork to determine PGE-Ni-Cu recoveries will be conducted in due course during resource definition drilling.
It does make you wonder what must be going on behind the scenes at uru, beginning of last year rns after rns,presentations,pod casts and an interview with doc holiday then absolutely nothing targeting new investors. They put a new investors page on the website last year to attract new investors but this has since been taken down to the original email for information which doesn’t get returned. Is Zorbas in a Position where funding will no longer be required which is why Pi’s are being treated the way they are? Zorbas is no fool and knows that to fund the project he would have to play the game and appease pi’s unless he no longer needs funding from us? The appointment of Henry Kloepper was to ensure that he has full technical oversight of the Zebediela Nickel Project and replaced with a financial advisor?? take this how you want but I know my view on it and will be holding tight to my shares.
I think sacking is maybe the wrong word to use seeing as Zorbas and Kloepper are connected in different companies not just uru. I think you are probably on the right track jimmyjohn, but him leaving instantly probably has more to do with aim rules seeing as Kloepper is the ceo of our major share holder CCC.
was responsible for the preparation of corporate and personal income tax returns, corporate and personal tax planning and due diligence analysis of companies being purchased, which involved assessing and evaluating current financial positions of these companies prior to their purchase. Mr Appleby also has experience in finance, accounting, tax, administrative experience in diverse industries including Junior Mining, Investment Funds, Manufacturing and Distribution! Mr Kloepper leaving i believe is a smoke screen for Mr Appleby coming on board at URU.
I mentioned at the beginning of the week I was disappointed the mining charter wasn’t going to court, but Ramaphosa has intervened and wants to put an end to the downfall of investment in SA mining industry. Could this be why we have started to rise and people are thinking it’s antisipated news we are awaiting? So when the news does come in we will move even higher.....