URL hold very similar resource to AUM - not as high grade at 0.73% - versus 2% copper - however, URL is a lot futher down the track than AUM with their project approval etc - next 3.5 weeks could see the feasibility study approved. I suspect URL will continue to go up leading up to the announcement. I think Summertime noted that URL management noted a at their meeting the other day that they intended to release the BFS this month - no futher delays.
Mangement noted to me that they want at least 75-80% debt financing.
If this all adds up, URL could make us a lot of money.
URL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
