SP3You are correct.Thing is market isnt enthused because the...

  1. 4,327 Posts.
    SP3

    You are correct.

    Thing is market isnt enthused because the market has been given 'similar' info from Uran before (think Czech deposits).
    The market is savvy enough, cynical enough, to know, particularly with Uran, that any amount of INFORMATION is exactly that...'information'
    It means nothing (to the market...note I have a different opinion of the value here as I think its bl..dy excellent news)

    Uran need to ACQUIRE a project/s. They then need to give us further information.
    This would be when they start drilling. This would be when they estimate they will be in production. 'What' they estimate they will produce, what that actually means in $$$$$$$$$$$$.
    The blue sky then of other projects coming onto line would be 'imo' factored in.

    Uran are masters of giving the market, often begrudgingly, INFORMATION.
    The market is now mature enough re uranium inparticular to know the difference.
    18 months ago this announcement would have catapulted Uran well over $2.
    Not anymore.

    As you point out SP3 Uran has the data re the deposits.
    It NOW has 'the' data required for the next steps.

    But as 2zlote pointed out theres not a lot of other info there re the acquisition of the projects....its like they see it as a 'given'

    If you note the data translation process comments, following that; "some confirmation and infill drilling.."

    Did we miss the ACQUIRING of these projects or again is this a given?

    The news we need is the expectation of when these deals will be signed off. April/May are long gone.

    My 'guess' is that we will have these projects or 'some' of them signed off on soon.
    They 'appear' to be 'in the bag'

    However, the massive news, the undisputable BIG development will come in the way of the Novok consortium.

    The company didnt mention that, but somehow did 2 months back. I dont think theres anything sinister in that, but it again highlights Urans inconsistency in not 'following through' with earlier comments.

    With the uranium conference next week more info on Novok imo will come to hand.
    Whether this is in the form of further announcements from Uran, further interest from the market as the Novok story unfolds due to the conference, or via the inevtiable wider broker/media coverage.

    Someone will cover the Novok mine shortly. Uran needs to be 'associated with' that coverage.

    O' how I wish Uran was fronted by a strong personality, someone with outward passion and drive and sense of the occasion.
    What i'd give for a guy like Cairns from IGR to be MD/Chairman of Uran!

    As we already know this is a believers stock. The wider market couldnt give a hoot about it.

    But anyone to think Uran wont be signing off on projects in Ukraine...and shortly at that, is perhaps a little too cynical.

    The opportunity that is Uran just got more compelling, the uranium basically doubled from our earlier hopes of around 5000k, we got an extra project 'thrown in'...with more at various stages of development on the way.

    Strong spec buy presently, and in fact based on yesterdays news its the strongest its ever been 'fundamentally'

    Forget all the other projects, the hype of other countries. Focus in on the ukraine and what it has to offer.
    Dont get seduced by other countries now, this imo is purely a Ukraine play with UEPL non uranium efforts merely secondary...and light weight fodder at that.
 
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