Australian (ASX) Stock Market Forum

URA - Uran Limited

If you wanna talk about speculative investments have a look at shells like RMG, even LBY (Are they still in a trading halt?). Salvation for RMG's that it's got management with proven turnaround experience (look at RMG thread), same here with URA - Kiernan, Hobbs, Kennedy, Martinick et al...plus 4mil in GWE.

Gotta also note that there is already an option to buy Discovery Mins for 50%(?) partication with Integra. Bottomline is it's not just wishful thinking anymore; there's already a huge possibility of a deal. And given previous successful HMR and CSM attempts I definitely think they know what they're doing.

URA's a producer if successful; RMG just starting out with acquiring POTENTIALLY SUCCESSFUL projects...good luck whichever way you wanna invest
 
Are we expecting an announcement shortly, or is this just speculation based on the discussions they are having this month in the czech republic? :eek:
 
ok - i just went over to hotcopper and it appears it is related to a broker report from GT financial that was released today.

http://uranlimited.com.au/documents/GT Financial Report.pdf

While it confirms what we already know about the company, i.e. severely undervalued and one of the few actual companies that are on their way to producer status - it doesn't add much flesh at all.

Anyway - if the players reading the research are as powerful as they seem judging by todays movement - the surge could go all the way to the target of $1.20 from the report.

In the current U-phoria anything is possible/.
 
Good work - thats a positive review.

If the surge in the last hour is anything to go buy, about 1.5million traded in that time as far as i can tell, then we might see the buyers looking for anything under that 1.20 target first thing.:eek:
 
morning folks,

I've trimmed this thread down somewhat to try and get the discussion back on track. If anyone feels they have lost a post unfairly, send me a PM explaining why and I'll put it to the other mods to see if should be reinstated.

Cheers:)
 
URA on the move again - just broke 80 after hitting a low of 70 after open. 250k traded in last 10 mins.:eek:
 
URA touched 90 today before settling at 0.82/. Not the end result I was looking for, but given the SPP there are plenty of people who I'm sure are looking to lighten their loads somewhat given the appreciation.
 
URA touched 90 today before settling at 0.82/. Not the end result I was looking for, but given the SPP there are plenty of people who I'm sure are looking to lighten their loads somewhat given the appreciation.

Not the end result you were looking for??
Do you remember what URA closed at on Monday?
(Yes i mean this monday 4 days ago)
 
Hey niz - I'm simply talking about the closing price. I'm ecstatic overall about how well URA has bounced post SPP, just thought that a settle closer to the high would have been nicer.

-neway off to play Guitar Hero II!!!
 
Anyone have any thoughts on how Uran's nickel spin-off Great Western Exploration Ltd GWE will perform?

15 million shares are being offered at 20c to raise $3 million. Is it worth taking the offer?

Anticipated ASX listing date of the "new GWE" is 23 May.

regards YN.
 
I think it should do ok, I haven't looked into it with a lot of detail, but I would have thought that the old GWE's market cap would have been more than $4 million before the name change to uran. Since then the nickel price has at least doubled I think, so it could do well. As I said, I haven't done a lot of research into it though, and its market cap could have been less than $4 million.
 
hope the SP lifts with a successful debut of GTE on Tuesday....I think the

delay of the GTE float has not helped the already struggling URA SP..

we will see.....
 
What's going on with this stock?

Down 8% in one day....Down 16% in the last week.

Has URA fallen out of favour with the departure of Michael Kiernan as Chairman, or is the market loosing patience?

I would have thought the eastern europe was a risky place to operate. What is to stop Putin from siezing the assets if this company does take off?

Is it going to fall further? Some say it's a dog. I'm a bit hesitant on this one, prefer sitting on the fence waiting for it to flatten out.

Does anyone know of any positive news coming?
 
the URAN website is quite informative.

The SP performance to date has been very disappointing. I attribute this mainly to indications by the company that things would happen in what can now be considered an unrealistic timeframe.
As far as risk is concerned, at today's price I see the risk of holding/buying URA as much diminished.
both Chairman and MD have purchased small parcels in the last few days.
 
Hi guys,

ok something is up this morning it's moved from 0.375c to 0.39 with buyers building up slowly....

Anyone got any ideas on this?
 
For some reason I've held this stock since 15c (oppies) so I'm still in the black. I'm hoping (probably in denial I know) that the many people who bought in at much higher prices than the current one have been bailing out in the last few weeks to take a CGT loss before June 30. The buy side looks quite strong so hopefully Monday things will start to improve.

If the tenements in Czech Republic are granted the price should improve dramatically because at least 1 of the tenements has historical drilling results. Also I think the political problems in the Ukraine have held up progress on their 2 deposits there.

Fingers crossed!!

Always the Optimist!!!
 
I'd like to see some positive news out of the Czech republic this month. Surely an announcement must be due soon:(
 
Dog of a company.

They split their only worthwhile resource when they should have kept it on board to prop up the DOG of a uranium wing.

I think most people are selling to get onto other stocks that have done ANYTHING in the last 12 months.

Hate to sound negative, but really.. we're in a mining boom where the word uranium sparks interest in everyone... and URA is going backwards.

I sold out long ago after losing a nice profit and selling at a huge loss.

Bad bad bad bad bad idea to hold it long term.

Will jump on board if they ever get anything signed on paper, but until then - I'd rather be making money then sitting watching this one dwindle down the drain.

Sorry guys.
 
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