I'm starting to worry mate your posts are getting nearly as long as mine ;)
Good post by the way.
I agree with a lot of what you have said. There has been, and continues to be a number of issues here and unfortunately they will remain until we are given clear evidence and indications to prove otherwise.
As you say Hobbs and Ryan are probably good people. I think they probably are. But that doesnt help my investment does it? And good people imo are accountable people, people who endeavour to reply promptly to your enquiries. Who are passionate about what they do and how they go about it.
Showman is a good example of that.
Theres an old saying if you want something done fast you ask a busy person. Busy people get things done. If people are 'too busy' to get back to you or do deals...then they probably are not as busy as you might imagine them to be...or 'busy' doing something else.
Kate Hobbs'negotiations may not be lone hands there. Where is Discovery in this? Are they still involved in negotiations? If so, 'who'? is 'negotiating'?
EGM would clarify this. Folks its time we were 'introduced' to this entity, and those people who are perhaps behind the scenes that represent this company called Discovery. Clearly I have no idea about this, but to assume Kate Hobbs is doing it all is perhaps a little naive.
Drillfix if your timeline is for the end of the month you will be disappointed. Its unrealistic. Albeit I understand you have been in this for a long time now.
Based on the timelines to production and the rewards for the company in their focus on closed mines/advanced operations I have renewed my focus and understand the next few months are crucial. In my case I am looking at the timelines for production around 2009. Yes 2008 would be nice and can happen (particularly if Rozna/Pribram gets done this year...or Ukraine is finalised in the next 2 months. But 2009 is still very good and way in front of the majority of hopefuls.
Maybe the time is fast approaching where shareholders need to get the numbers and seek an EGM. You can still be confident of the company acquiring projects, but we do continue onwards without a project, without Discovery detail and with very clear concerns regarding the valuation and assumptions AND possible conflict of interest surrounding that deal...and other deals as a result of that alignment.
Clearly the time has come where we need to be enlightened regarding what Uran is doing, what Discovery did prior to Uran coming along and what that means in a valuation sense. We need to clearly delineate valuation assumptions and conflict of interest in ALL negotiations over the last 18 months.
Uran need to demonstrate to shareholders that they are working hard and fast towards their stated objectives. What is the one project they can get a move on in? Pribram! They have it. They need to get the show on the road there as its imperative for the company to demonstrate its abilities.
We can empathise to a point with Brzkov appeals and Ukraine Govt delays and waiting on Bulgarian applications and even MOU's in Kazakhstan...they are seemingly beyond Urans control.
But not in Pribram. They have a mandate there.
URA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
