Agreed. Also think the other factor to having news (higher SP) is so that people will start seeing a sea of green and will then be more willing to fork out their $5k.
Currently, seeing red on my URA and URAO just makes me want to spend my cheques on a holiday and new surround sound system for my plasma instead.
I can guarantee that if news about securing production comes out before March 23rd, it will make ALL holders fork in $5k - thus maximise the cash raised.
Worth thinking about - 1) Why the extention for 2 weeks if no news will be coming out and the SP left to languish? If anything this will make the SPP uptake even less, with less money being raised.
2) Now that our MD is back from the trip overseas, is it not expected that we get some news, if not, at least some holiday snaps and maybe a daily blog?
3) Two weeks may be enough for them PwC guys to generate our financial model for Discovery which we will use to either vote on in an EGM, or use as a coffee table book.
URA Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held