URL 0.00% 13.5¢ universal resources limited

re: url ceiling price Good first post Uncle. I couldn't agree...

  1. 571 Posts.
    re: url ceiling price Good first post Uncle. I couldn't agree with you more and that's why I too topped up at 13.5 and have a bid in at 14.0c now also which hopefully I'll get hit.

    Timing is perfect for the BFS - we hopefully can now put the correction behind us and see the share price return to the high teens in the next few weeks with a rerate to the 30's by end of August. Long term who knows where this stock will be - will be heavily dependant on whether the copper/gold price stays at these levels combined with keeping their capital and operating costs down. Providing the metallurgy is fairly straight forward which they say it is, capital and operating costs are the two major risks with Roseby, particularly given that it is a fairly low grade large tonnage deposit and will be more sensitive to increases in these two compared to a smaller tonnage, higher grade deposit that contains similar tonnes of copper. In my opinion that is why this stock is being unfairly discounted.

    Regards
    Summertime
 
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