Bwana I agree that it could, in fact I think it 'will' explode upwards. The reverse I dont see happening...providing we dont get any bad news ..AND...providing we get a continual flow of announcements and developments that are mild enough to maintain interest...
The explosion upwards will happen with a deal as we all perhaps can appreciate.
Theres a real core of strong support on HC for URA, however thankfully most of us are objective enough to point out the negatives ..or the shortcomings.
Thats healthy, and it gives the thread some credibility amongst a group of ramping bulls like myself ;)
I definitely want to see developments in May and I want to see Uran starting to put some flesh on the bones here.
All too often someone in the company is 'overseas' and 'negotiating'
That is great and demonstrates they are working towards their goals
BUT...
We havent had too much in the way of company communications to show for that endeavour except the usual company line.
KH and Company please dig deep within yourselves and be accountable to the announcements you have made regarding the Discovery Deal, the Ukraine developments and the 'producing in 2007' comments.
The Discovery deal has dragged on for well over 6 months. The fact that KH is in both camps tells me we should have had more transparency and urgency here.
'If' the deal/s is/are being held back on some level/s due to sensitivities leading to inevitable positive developments, then that is another thing.
Thing is we post here and speculate due to a lack of transparency and disclosure by the company.
I spent nearly a year in AEX 'waiting' for management to proactively do 'something', and although Urans management is Blue Chip in comparison to that, I am a little bit more sensitive to 'delays' and a lack of clear communication. I left AEX when I lost total faith in management.
Thankfully I do have faith in Urans management, but like anything in the investment world, there is a time limit, and there is the expectation that the company will follow up on its promises/statements.
Thats ethical. Thats professional.
The company can sit back and say however that they are in the top 3 re returns to shareholders over the last 12 months. Fair point. But it is off such a low base folks and the market cap at present, as we know is small....as I pointed out recently out of the top 17 'major' companies in the AFR article, URA's MC was the second smallest.
That folks is an indicator that falls short. for a company to have so many 'opportunities' in the CIS regions...and beyond, the MC in relative terms is a failure.
What is holding up the Discovery deal?
Pretty simple question folks :)
URA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
