Could not agree more Supertramp.
There are heaps of o/s fertiliser coys who are perusing Australian junior phosphate players wanting to sign off-take agreements.
Now why would a fertiliser coy bother with any off-take when it could effectively buy 20% of URM, on-market, for as little as under $2.5m and then offer shareholders a premimum 35 cps.
URM is a sitting duck for a t/o.
Add to My Watchlist
What is My Watchlist?