Member Info for Y00020978

Good article from 2 days ago. We must be cheapest

Good article from 2 days ago. We must be cheapest

RNS on 25 Apr:

"significant step marks a crucial milestone in fulfilling the requirements for the granting of the mining right by the Department of Mineral Resources and Energy (DMRE) to URU" - So no further steps required by DMRE for granting of Mining Right.

"John Zorbas, CEO of URU. "The issuance of shares by LPU not only demonstrates our commitment to supporting the principles of Mining Charter III but also solidifies our path toward securing the mining right"

So it has to be due anytime now? 3 and half months passed.

Thoughts of Suhail on X

This is good. Not far from us and on same as our Nickel. Big Cash being provided to advance project.

Best time now due to much higher Nickel prices forecast for later.

Lifezone secures $60m bridge loan for Tanzania nickel project:

https://m.miningweekly.com/article/lifezone-secures-60m-bridge-loan-for-tanzania-nickel-project-2025-08-12

From Suhail on X

4.00 - 5.00p

For the 3rd consecutive trading day, the entry for 5.8p is still flashing on the Order Book. I'm hoping a prelude for Mining Right incoming.

Only had such before during false breakout at beginning of June to a peak of 6.30-7.00p.

Thus, never the norm and a good sign.

From Suhail on X

If both "needles" coincide....

Last RNS i.e 31 July:

Holy Grail of Nickel Sulphide -

"if successful, will significantly move the needle on the Project"

Our Market and Backyard:

2 days ago -

"really move the needle when it comes to EV adoption in South Africa"

https://cleantechnica.com/2025/08/07/toyota-could-help-accelerate-transition-to-electric-if-it-promoted-more-plug-ins-in-south-africa/

Great research from Suhail on X

4 - 5p

The UT trade at 5.3p cannot IMO be looked at in isolation. It came 10 minutes after market close. From prior market open for first time, an Order kept flashing on the Order Book at 5.8p first as screenshot posted.

It could be a large delayed buy as we had from Tues.

From Suhail on X

He's not on LSE, only on twitter.....i follow him on twitter and he was happy for me to share his research and thoughts.

4.00 - 5.00p

It has not been like this for a long time i.e. charging near full offer price to buy and IMO trying to put off buyers with such a big spread.

See if we get a 7am RNS tomorrow. Primed spot.

Maybe, reason keeping the spread so big?

From Suhail on X

Despite the big screen spread, 4.95p paid for 32,000 shares. All the loose stock finally gone?

Short Squeeze on news is what we want. And IMO build on that with rest of news flow and how much in the pot. All game changer due to the pittance market capitalisation v NPV.

Suhail on X

More big buys.

Follow the money - this one is starting to move.

I missed Suhail's point on this one.

It should have read:

For a predator, Nickel, Gold & PGM prices will be higher later and will therefore cost a predator a lot more.

We know we have approx 1.6Bn tonnes of Nickel......which is likely to increase with the updated resource at Zone 1 which could come any day.

The amount of PGM's we have will be announced with the maiden resource for zones 2 and 3 (plus Copper).....these zones have thicker and higher grade intervals for Nickel, Gold, Copper & PGM's (platinum, Rhodium and Palladium). We haven't announced a resource estimate for the gold we have in Zone 4.

Only SCAP left on the 4.7p offer.

5p could be incoming shortly after 100,000 buy earlier. 200,000 buy yesterday too.

Someone is building a position.

From Suhail on X.

News Pending?

For a Predator - we have Nickel, Gold, PGM's in abundance.

News expected between now and late Sept:

- Updated Resource on Zone 1

- Receiving Mining Right

- Sell Zone 4 Gold

- Interpretation & integration of SpectremPlus Survey results and drilling programme announced

Oct - Nov:

- Drill in Zones 2 & 3 for Nickel Sulphide (described as the holy grail in latest interview)

- Maiden Resource on above Zones

Suhail on X.

This is what you want to see - The grab for critical minerals continues to accelerate.

URU's tweet from not so long ago, #Rightproduct #Rightime #Rightlocation - JACKPOT for junior miners!!

How the US and China Are Fighting for Africa's Vital Resources:

https://www.newsweek.com/2025/08/22/how-us-china-are-fighting-africas-vital-resources-2108635.html

More great research from Suhail on X.

IMO the Chinese are coming for us and for reasons previously provided.

Aside, URU did a tweet not so long ago on Chinese stockpiling Nickel. It was the first time Chinese had been mentioned.

China is reshaping global power dynamics through diplomatic ritual:

https://blogs.lse.ac.uk/africaatlse/2025/08/06/china-is-reshaping-global-power-dynamics-through-diplomatic-ritual/

Suhail on X.

- URU said in 30 Sept 2024 RNS - "advanced stages"

- VP of our project said in late April, expect to be granted late May

"having a viable financing plan that aligns with the scale and duration of the intended operation"

IMO that is occurring in the background.

IMO should not ever become cheaper again to take positions here.

Updated Resource for Zone 1, Sell Gold asset in Zone 4, and receive long awaited Mining Right - All of these are possibilities for August.

Even 1 of those provides lift off for a 500% rise IMO due to the sub £3m Market Cap. All 3 = Jackpot!

Suhail on X

Nice £9,375 buy for 200,000 shares at 4.69p.

More to come?

GLA

Calculations from Suhail on X:

Zeb Nickel has 26% share of project. URU 74%

At current share price Zeb Nickel is valued at £3.34m on conversion for their 26% share.

So for 74% share = we should be valued at around £10m.

With 63.17m shares in issue this = a SP of 16p + add couple of pennies for value of AIM listing = 18p versus our current sub 5p share price?