This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

EMC - Everest Metals Corporation

Jump to new
Re: USA - UraniumSA


For me it would really depend on the listing price. If it listed 80 cents than hell yeh i am out. If it listed at 30 cents than i might as well hold.
 
Re: USA - UraniumSA

WellI got my confirmation letter, it mentioned the 2:1 options after 3 months and said they are asking to list next Wednesday!

Can't wait! :
 
Re: USA - UraniumSA

CHINA'S well-flagged interest in buying Australian uranium from existing mines has been extended to its direct participation in potential new discoveries thrown up by the gathering uranium exploration boom.

The $6 million float of Adelaide's UraniumSA, launched yesterday, has Chinese investors on its list of seed capital investors. And on its board is Xu Gang, the Australian representative of China's monopoly uranium buyer, Chinese National Nuclear Corp.

UraniumSA's managing director, Russel Bluck, said having Mr Xu on the board represented CNNC's first active interest in uranium exploration in Australia. But he said CNNC was not a "direct" holder in the company.

Mr Xu is a non-executive director, as is Alice McCleary, deputy chancellor of the University of South Australia and a member of the Takeovers Panel.

The company chairman is Tom Phillips, former chief executive of Mitsubishi Motors Australia and a director of Australia Post.

As its name suggests, UraniumSA's focus is on the uranium potential of South Australia, home to three of Australia's four uranium mines/advanced projects - Olympic Dam, Beverley and Honeymoon.

The group has secured more than 7500 square kilometres of prospective exploration ground in what it called the Gawler Craton uranium province. Much of the package has been contributed by listed groups Stellar Resources and Marathon Resources.

Stellar shareholders are to get a preferential offer for 14.73 million UraniumSA shares at the issue price of 20c each and Marathon shareholders 6.26 million shares.

That would leave about 9 million shares available to the public. The sponsoring broker is Melbourne's Lands Kirwan Tong.

UraniumSA's main exploration properties are in the Kingoonya palaeo-drainage system.

Other explorers that have taken up ground in the area are Toro and Heathgate, operator of the Beverley mine in South Australia's Curnamona Craton.

The area is considered prospective for sediment-hosted uranium deposits amenable to in-situ leach extraction, such as that used at Beverley.

UraniumSA will also be examining the potential of the eastern region of Eyre Peninsula.

Different styles of uranium deposits are the target.

UraniumSA says the region could become a uranium exploration hot spot.
 
Re: USA - UraniumSA

Hey realist just out of curiosity what is your strategy for this particular share?
 
Re: USA - UraniumSA

Beethoven said:
Hey realist just out of curiosity what is your strategy for this particular share?
Click to expand...


Well I prefer MTN.

If USA skyrockets on day 1 I think I'll sell. If it does little I will hold for the options.

Then again if it skyrockets and holds the options are worth holding out for, and if it does nothing the options are worth nothing.

The exercise price is 25c isn't it?

Man, this is hard to work out.

I'm thinking 26c on day 1. But what do I know...
 
Re: USA - UraniumSA


lol day 1 of 26 cents? isnt that being a bit conservative? mru opened around that and didnt have as much coverage as USA. lol if it did open at 26 cents i think i'll keep my shares than. I'm hoping Nizar's prediction comes true. A 300%+ rise does sound very good in one day of trading.
 
Re: USA - UraniumSA



I'm not hoping for 26c, I just expect it. I hope I am very wrong..
 
Re: USA - UraniumSA

powerkoala said:
got my refund cheque back today....
not happy at all
Click to expand...

Same situation here. It seems not a single public offer and broker offer is accepted.
 
Re: USA - UraniumSA

Got KB'd as well, and I was a priority MTN holder who holds 50,000 shares, what annoys me is other MTN holders who got their form 1 day before me probably hold like 5,000 shares, they should have allotted the priority based on a rights style 1 for 5 or something,

Good luck to those who got some, will easily list at 40c if not more,
 
Re: USA - UraniumSA

21 hours, 52 minutes and 13 seconds.

But who is counting.


YT, I am sad for you that you missed out.

On day 1 if it went to 40c would you sell then and there or hold and wait 3 months for the 2:1 options?
 
Re: USA - UraniumSA

Realist said:
21 hours, 52 minutes and 13 seconds.

But who is counting.


YT, I am sad for you that you missed out.

On day 1 if it went to 40c would you sell then and there or hold and wait 3 months for the 2:1 options?
Click to expand...

lol i can't wait for tomorrow. It should be a good day for USA. I hope the market is fully aware of this company so that it can push up even further.
 
Re: USA - UraniumSA

Right an hour and a half to go. What is everyones strategy?

I see some people have buy bids at 28c,and the lowest sell bid is 65c. I doubt we can read much into that.
 
Re: USA - UraniumSA

There's a buy bid at 40c.

Although I wouldn't read much into that.

But there are 3 sell bids at 65c.

If I got 50c I'd be happy.

BUY
Number Quantity Price
1 2,500 0.400
1 10,000 0.320
1 15,000 0.280
1 5,800 0.275
1 100,000 0.265
4 40,000 0.250
 
Re: USA - UraniumSA

mmmmining said:
I don't want to sell cheap, to make the same mistake on TOE.
Click to expand...


How much did you sell TOE for?

And can you please summarise how TOE went - what did it open at, what was it after 20 minutes, what did it close at on day 1, and what was it a week later?

Thanks?
 
Re: USA - UraniumSA

Too shame to tell you. You know the felling when you pull the trigger at wrong time, see someone else make hell a lot of more money just buy it from you and hold for a day or two.
 
Re: USA - UraniumSA

True bids/orders won't be up until less than 5 minutes before open, most in the last 1 minute that way it doesn't give others a proper time to assess what they will do so there's a bit of panic etc


I'd be expecting 40c open, if its not that will be very poor IMO given all the hype n articles, don't think you can expect a TOE day/week given U3O8phoria has left the building

Good luck, Niz if you make a killing you can shout drinks when we meet up
 
You must log in or register to reply here.
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...