classic chart, page-26

Veryhairy - "But as many FRESH START's as you like, they still have a muddy past and I've said it before regarding URA, history has a habit of repeating."

Mate, there is little history remaining with this company. New management, money in the bank, assets in a politically stable country of high grade and close to infrastructure, open pit mining operations. Patience is the name of the game. I am down on my URAOA and substantially. There are no buyers and dam will it, Id rather lose everything and have a tax loss than sell now and require a 400% gain + to recover my losses. There are a number of months left on the options. I have repeatedly stated that I dont see much happening until all the dust settles, including:

* Credit raising - completed
* AGM and company rename - 24th of November
* Acquisition completed and sales contracts in place
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Have these three things completed and it is officially game on. I have stated we need the company to hit 38 million dollars in the next 7 months - this is achievable but it will be a tight timeframe considering the christmas and new year break. I expect the company to be in a completely different place by Febraury. If the heads can hit 4-5 cents which is reasonable, you would not expect URAOA to trade at 0.001 cents. Whether you look at URA, URAOA, or URAO - imo, from these levels fundamentally there is significant money to be made.