URM 0.00% 8.5¢ uramet minerals limited

high grade phosphate mineralisation encounterd, page-93

  1. 2,527 Posts.
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    Bit of volatility was to be expected I guess. I've taken a loss on part of my parcel on Fri, (26c avg entry, 22.5c avg exit) but have a bit of optimism that this will find some legs again shortly and the remainder can make up the ground. They've got tenements with known phosphate on them, adjacent to legends lady jane, legend has a $800m market cap, $16m market cap for URM - doesn't seem excessive - they've got enough cash to do a lot of exploration, so still don't see that much downside and plenty of upside.

 
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Currently unlisted public company.

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