Hi Folks
Well 2 days left of Feb...decision 'has' to be close.
Re the share price.
I think the seller at 19.5 tells us all we need to know;
There are no buyers willing to step up and take shares under 20 cents.
Theres plenty there, so for once we can assume (with shares on offer) that there are no takers.
I think as Drillfix may have stated earlier, this seller may well have been the buyer earlier on.
Good way to gauge the market though...albeit risky 'if' you really wanted to hold onto them.
I think the seller is serious..OBVIOUSLY.
Would be nice to pick up some more but im fully loaded.
All this talk of JORC is interesting.
My understanding is that the drilling is to prove up JORC. It will start soonafter acquisition.The fact the original comments stated production 6-9 months tells us the drilling wont take that long to prove this. The soviet data as already mentioned is quite detailed.
An important question might be;
Drill rigs are apparently available. Is Uran aware of what drill rigs are available and whether they will be suited to the campaign.
We do not want further delays due to finding out;..
"We need to source a drill rig due to old technology issues..."
Any ideas anyone?
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