Australian (ASX) Stock Market Forum

Re: USA - UraniumSA

nizar said:
thats exactly why i reckon we will open at 60-70c on the open

Wel I can't help but be sceptical and less optimistic.

But my god will the champagne corks be popping if I get some and you are right! :D
 
Re: USA - UraniumSA

Realist though somewhat irrelevant to this thread, is it okay if i ask u what u do and which company u work for?

U keep boasting about how u make big money and millions, so im just curious, but if u want to withold that info, then thats cool as well

More on the topic; based on what has happened to other uranium floats this year, i reckon this will peak on the first day or the following days... do no point holding for 1month IMO, unless u believe there will be takeover/merger btw the CNNC link or that they their initial drill results will be good...

But remembers toro's results and be wary..
 
Re: USA - UraniumSA

I do IT sales, I sell software, I work for a US company in Sydney.

I do not boast about making big money and I am no millionaire, but I have made a good salary these past few years, however I lose my job soon. Offshoring - knew it was coming a year out - hence why I post here so much. :(

IT sales is highly paid, but highly stressful and not much fun really..

And to live in Sydney costs alot, I'm pretty comfortable financially, I'm gonna take 5 motnhs off go to Thailand, Europe and NZ.

As you know I do not own a house, no mortgage low rent and money in shares = freedom! :D

I agree about USA. I may sell 5 minutes after listing.. :p:
 
Re: USA - UraniumSA

Im still waiting on my priority form
Cant believe the length of time it takes for post to get to me,
I live on the central coast nsw, north of sydney.

i have spoken to computershare who assure me that my form HAS been mailed, and they have now sent another one, which will take another 4-5 working days. to even fax the document will take 4-5 working days. :banghead:

they could not even tell me my billing code as they dont have the documents. :banghead:

ive spoken to both the tollfree number and mgt in adelaide, every person i talk to has no idea of what is going on.

oh well this is my whinge for the day, i find it very frustrating that i will miss out on these shares due to AUSTRALIA POST been the complete waste of time service that they are. i could have driven down to adelaide and back to get my own bloody priority form. So much for priority!

when i checked the mail this morning i had only today received the takeover offer for MTN that others had received almost two weeks ago. again i blame australia post. :mad:
 
Re: USA - UraniumSA

Patience my friend. I got mine yesterday.

There's plenty of time.
 
Re: USA - UraniumSA

I don't have mine either.
Live in melbourne, and only junk mail on the mailbox.
Is there anybody in melbourne got this offer already?
 
Re: USA - UraniumSA

cathers_420 said:
Im still waiting on my priority form
Cant believe the length of time it takes for post to get to me,
....i checked the mail this morning i had only today received the takeover offer for MTN that others had received almost two weeks ago. again i blame australia post. :mad:
Ditto that - how disappointed was I to open the envelope and see the "REJECT". That's how I felt.
 
Re: USA - UraniumSA

feeding_the_fire said:
Really, they rejected your application already?

Nah, he is saying he got the Marathon "Reject" letter about Crosbys takeover.

I got that about 1 day before the USA letter though, so it coming!!
 
Re: USA - UraniumSA

Realist said:
Nah, he is saying he got the Marathon "Reject" letter about Crosbys takeover.

I got that about 1 day before the USA letter though, so it coming!!

Sorry for the confusion. Yeah it was Marathon Reject letter re Crosby.
Looks like it'll be Monday for me then...
cheers
 
Re: USA - UraniumSA

I'm in country victoria and I got mine today so I don't know why people in Melbourne haven't got theirs yet, as mail usually takes an extra day to get here. I also go my reject letter yesterday, so it seems that comes one day before the priority offer.
 
Re: USA - UraniumSA

wealthyshare said:
Do you guys think any chances for public offer even when they cashed my cheque on the 8th Sept?

hi wealthyshare,

They will cash all cheques regardless float is oversubscribed or not. Mine was cashed as well but it does not guarantee we will get an allocation. We can ring the share registry a few days after close of the offer to check if we're one of the lucky ones.

Goodluck!
 
Re: USA - UraniumSA

Realist said:
I do IT sales, I sell software, I work for a US company in Sydney.

I do not boast about making big money and I am no millionaire, but I have made a good salary these past few years, however I lose my job soon. Offshoring - knew it was coming a year out - hence why I post here so much. :(




Are the initials W G ?
 
Re: USA - UraniumSA

etrader1 said:
hi wealthyshare,

They will cash all cheques regardless float is oversubscribed or not. Mine was cashed as well but it does not guarantee we will get an allocation. We can ring the share registry a few days after close of the offer to check if we're one of the lucky ones.

Goodluck!
what do you think about Mantra Resources?
 
Re: USA - UraniumSA

From today's Australian:

Uranium ticks down

HAS the uranium tide shifted? Eromanga Uranium, a spin-off by Maximus Resources, has had to extend its $15 million IPO after being open a month and also bring in CommSec as joint sponsoring broker with Camerons. This is a great sea change from May when Toro Energy offered $18 million worth of shares and was deluged with cheques totalling $63.6 million.

It could be that $15 million is now a bit rich for market sentiment; perhaps Polaris Metals and Washington Resources have priced their uranium spin-off more keenly, with investors being asked for a much more modest $4 million to get Northern Uranium off and running. Northern has 13,150sqkm of tenements in the Northern Territory and Western Australia
 
Re: USA - UraniumSA

wealthyshare said:
what do you think about Mantra Resources?

*5,000sq km of land in Tanzania
*OMC spin-off
*Good history of drilling and high grades have been found
*Raising only $6.4million ---> market cap of only $6.4million on listing

U cant go wrong at such a cheap market cap, and UKL listed at 100% premium, so they havent ALL gone badly. Even in the midst of toro, Aura Energy AEE flopped...

So it shows that u must be selective in what u choose to invest in, but even so, the risk/rewards look good. The worst uranium float went to 19c on the first day from 20c offer price, and the best 80c from 20c, thats pretty good odds

20% loss/300% gain, and everything else has been in btw

And for the record, toro floated 24th March, not in May as quoted in the Australian. If it had floated in May, it wouldnt have done as well i reckon...
 
Re: USA - UraniumSA

shinobi346 said:
I would say it is more due to its ties with maxim us than the market sentiment towards uranium explorers.

hi shinobi,

Care to elaborate on its ties with Maximus turning off potential investors? Would be happy to hear your views. I thought they got a pretty good sized tenement but to raise $15M might be asking a bit much given there are other U companies floating at the same time (USA and MRU).

Thanks.
 
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