Member Info for Wildboar1

No worries Tri, have a good weekend, Tuesday for news would be fine by me.

I mean nothing official has happened , as in they haven’t rns’d any material news since the last placing . I’m sure they are moving on with the plan and we’ll hear what’s been happening soon. I don’t expect a raise and certainly don’t want one. I actually think we will get good news soon.

I am overly exposed here (my own risk) because I want a massive prize and I don’t see significant downside from 7p. I’m certainly not trying to spread fud.

Agreed , a placing would be tough to take. Nothing has happened since they last placed so should still have money available . Would they not be doing interviews and taking things up if they wanted to raise funds? Who knows.

The news blackout continues which is definitely frustrating. But it can’t be long until we hear the next steps. Famous last words but there is a lot of support at 6.5p where the selling seems to dry up. The buying tends to dry up at 7.6p. It feels very controlled.

Ballio, you’ve been here years, what is your take on the next steps. Do you feel the Mining Right being granted will mean things move along quicker or move us to a sale ? Or are we hearing the same things you heard 6 years ago?

I’d be interested to get your instincts and thoughts.

Thanks

GoBig, I don’t disagree with the logic and hope you

are correct. That would be the dream. I think the mining right changes everything , some people never thought it would be granted and it has been which is a nice reminder that just because someone has a negative opinion on URU it doesn’t mean they are right. Doubting and criticising is easy but every share that sees a big rise has these doubters. Of course they could be right so I can’t completely discount what they say but it doesn’t worry me.

There is a lot going for us that wasn’t there before which are factual. The MR and the price of metals going ballistic (even nickel moving up ). Would these things influence or increase the likelihood of a take out or JV. Highly likely despite the other variables that exist. Doesn’t mean it will happen but speculating on these matters is fair when you own shares in the company.

I think an outright sale at this stage is unlikely but of course possible and I’d love to be wrong . Having thought more about it I think it’s more likely that a major will JV with us which will fund the drilling. This is the news I’m hoping and expecting to receive next.

We need to know what’s happening now because there are a lot of unknowns or confusing statements. Hopefully we are brought up to date with where we are at and hopefully there is lots going on behind the scenes.

Amtech, do you own any shares in URU ? If you don’t own , do you plan on ever buying in and if yes when are you thinking of buying?

Just like you think people positive on this share are wrong have you considered the possibility you could be wrong and miss out? You sound too certain of what will play out here to the point where you lose credibility because you more than likely don’t have a clue.

We could easily have a path forward for non dilutive funding for drilling (JV) or a sale . You can’t rule that out can you ?

*excited. Good day here. Building for a big move I think.

Nickel looks set for further gains as well as our other metals. Everything is ripe for a low ball offer (still massive upside on the current share price) to take us out with the need of any more proving up. If there are to be more drills then this will likely add far more on to the takeout price.

I’m exited for what happens from here.

Thanks Tritoretire. Good luck to all holders .

Of course that would be possible and maybe even probable. I’m not personally trying to spread fud. Probably worrying about things because of the fud and inadvertently adding to it.

A sale or JV next and anyone on the sidelines if that’s announced will be scrambling for shares. I am in big and certainly won’t be selling anytime soon.

I think most likely deliver some good news then raise . Hopefully not 5 minutes apart

If and when they do raise I expect it to be at a much higher price which is reflective of what we have here .

John Zorbas owns 13% of the company, surely it’s in his interest to sell the asset and profit here and now. Every time we raise he is personally diluted so again I can’t see him wanting to keep doing this. Ok a massive salary is there whilst the project remains in Uru’s ownership but a sale would see John zorbas rewarded more significantly and with immediate affect.

Maybe the MR really has taken many years to arrive which is outside his control and now it’s here everything changes from what we knew/ saw before.

I’ve held for months with a very large holding (for me) so I am very much hopeful those urging caution needn’t have (albeit of course they could be right , but sincerely hope not)

Thanks also y00020978. I agree it’s unlikely the project isn’t either sold or there is a JV and you’d imagine in the not to distant future. The share price isn’t reacting like it’s going to happen soon but then that could change in an instant.

Good luck holders and once again thanks to those answer my question in a clear concise way. Very helpful to me.

Thanks djm1.

If Uru Metals are negotiating a sale for example when would they be obliged to inform the market. Whilst negotiating or only once complete? How would it actually transpire?

Sorry if these are basic questions but I’m trying to understand how a sale would likely proceed.

Thanks

I’m dreaming of a sale.

It’s a bit frustrating how it takes a lot of supposed buys to shift the price up and then a couple of supposed smaller sells is enough to kill a rise. It feels to me like one entity is selling and another is buying and it’s happening in a relatively tight range. That said I don’t really understand what is going on but it looks like we won’t be allowed to move up or down until some material news.

It was nice to see URU tweeting though and maybe it’s a precursor to the news flow starting.

I am hopeful that good news is on the way soon (before February would be ideal). Everything is pointing towards a £7m market cap being way too low.