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URA - Uran Limited

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ok... what the french is going on over with Uran?!?!

Massive spikes like this with no ann/news make me twitchy. :eek:

Surely this is not just a re-rating based on the current U price?
 
Uran New Uranium Producer In 07

The market scan for uranium companys has Uranlimited at around number 50 on the list with a mkt cap of 45mill.It will become a new uranium producer in 07 of at least 2 deposits with more in the pipeline.The question that has to be asked how many of the others are becoming a new producer in 07,the answer is none of them.A very serious re rating of Uran will be forthcoming in the new year. cheers Ren
 
News Article re:Instant Uranium Producer

Extremely interesting statement made by Kate Hobbs MD of Uran in a news article released today,there is one other project we are negotiating with the government which is at an operating stage.Which would mean Uranlimited would become a instant uranium producer virtually overnight what will this news do to the share price once the market becomes aware of it?The Uran Uranium express train is getting ready to take off. cheers Ren
 
Re: News Article re:Instant Uranium Producer

gtr said:
Extremely interesting statement made by Kate Hobbs MD of Uran in a news article released today,there is one other project we are negotiating with the government which is at an operating stage.Which would mean Uranlimited would become a instant uranium producer virtually overnight what will this news do to the share price once the market becomes aware of it?The Uran Uranium express train is getting ready to take off. cheers Ren
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Ren do you have that article handy for us to see?

Cheers

Champ2003
 
Uran looks to become uranium producer in 2007


Source: AAP
Published: January 01 2007, 11:00AM

By Ben Sharples

PERTH, Jan 1 AAP - The Michael Kiernan-backed Uran Ltd is looking to establish itself as Australia's newest uranium producer and is on the hunt for further advanced acquisitions.

Uran recently announced it had entered into agreements with two State agencies in the Ukraine to jointly develop two uranium deposits which could see it in production by the end of 2007.
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But Soviet-era policies means there is little detail to be divulged on the deposits explains Uran managing director Kate Hobbs.

"Anything to do with uranium was a state secret in all of the countries of the USSR, but Ukraine, as a result of our discussions, has lifted that," she said.

"Every document has to be de-classified bit by bit so we have to be very careful not to tread on their toes by saying things that they haven't yet agreed yet we can say.

"What I can tell you is they have had positive feasibility studies done on them in the past, and deposits surrounding them have been mined by ISL (in-situ leach) over four years."

ISL involves pumping liquids into the ground to recover the uranium out of the ore by leaching.

Uran is planning to start an on-site technical review of the deposits by mid-January and is targeting first production in the second half of 2007.

Ms Hobbs is the former managing director of uranium explorer Hindmarsh Resources Ltd which was swallowed by Canadian outfit Mega Uranium Ltd earlier this year.

The company is backed by mining identity Michael Kiernan who is Uran's chairman.

Ms Hobbs said the company's strategy to acquire advanced projects has led the outfit to the former Soviet bloc.

"My strategy was to always look at advanced projects, we are not an explorer," Ms Hobbs said.

"The advanced projects in Australia are very highly priced and very tightly held, so I started looking abroad at historic production ... and that really led to me to the ex-soviet bloc.

"I could see the (uranium) price being high for the next ten years, which is probably how long it will take to get any project into production in Australia."

Ms Hobbs said the company was looking at acquiring existing mines, closed mines or ground with an advanced identified partly drilled resource.

"Uzbekistan and Kazakstan fall into the advanced exploration arm, Ukraine falls into the development stage and there is one other project we are negotiating with the government which is at an operating stage," she said.

"I've also been looking at a very advanced uranium project in the United States, but it is going quite slowly, and there maybe other places we will go to.

"So we are trying to carefully build a proper mining house, not an exploration house.
 
I to am a URA holder and hope of big plans and big profits for the start of this year fingers crossed ! Any news or updates from anyone that has a little more research on URA wold be great ..... Thanks !
 
URA has gapped up identical on the charts to both SMM and AGS. Kennas mate could ya do us a chart as this is looking very positive as is the other two. :)
 
Yep, very similar charts but different stocks. Not sure how they will go from here. URA had the biggest jump I think, but different type of news. I'm not sure if we can compare AGS, SMM and URA actually. Very different. The gap ups were the general Uphoria sentiment linked to the 'Ziggy - Go Nuclear' paper weren't they?
 

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ezyTrader said:
Given today's performance (and that gap's been filled), the pennant trade has more to go?
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It needs to break out of the pennant formation one way or the other and the earlier you can id it the better the trade will be. Technically it needs to break the highest or lowest part of the pennant to 'break out' of the formation. So one the up, $1.60 ish and down, $1.38 ish. On the up you could have a price target of $2.20 ish, but that seems like a big gain to me!
 
This stocks been meandering along quite contentedly in the last few days...
are any of you original buyers... YT, juddy, kennas still holding?

market cap is still under 100m...
wish i had bought in when it was 20m, but am now considering buying in...
what are peoples thoughts on this stock, whose aim is to be the next PRODUCER of Uranium in the world.
 
I have just a small holding as I personally like the story.
Have a "buy gain" in place a little above the current price.
Not doing much recently, but as can be seen from the chart, when this one goes, it really goes- hence a buy gain means I don't need to be watching it continuously.
 
yeah, based on the last few spikes, i dare say we are due for another spike soon...

i have opened up a small holding in this one too...
 
Only 37mil shares and supposedly producing uranuim this year makes $1.41 sound awfully cheap with such a shortfall in avail :2twocents able yellow cake. I hope to repeat this post in 12 months time to see if the horse has well and truly bolted or is just a nag of to the knackery. Your thoughts please.
 
zed327 said:
Only 37mil shares and supposedly producing uranuim this year makes $1.41 sound awfully cheap with such a shortfall in avail :2twocents able yellow cake. I hope to repeat this post in 12 months time to see if the horse has well and truly bolted or is just a nag of to the knackery. Your thoughts please.
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shhhh! :pimp:
 
the kicker with URA is this "nuclear secrets" clause from Ukranian Govt.

I would normally not have my money in a situation like this, but because of Kate Hobbs I hold this one quite comfortably. Anyways, should be a healthy 2007 for URA.


Come on guys, the cold war is over! Chill out already (or is it thaw out - meh who knows!) =)
 
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