URM uramet minerals limited
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the fundamentals

  1. slappi
    3,091 Posts.
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    09/05/08
    12:55
    Post #: 3692098
    The issue price was 20c.
    The number of shares on issue is: 61,898,500
    The current SP is: 20.5c
    The current MC is: $12,689,192

    The market has valued the newly discovered resource at only $3 million

    Based on a $300/Tonne for phosphate (price is actually closer to $400/Tonne)

    The market thinks there is only 0.010Mt there!

    Are they selling the grab samples and going home? LOL

    Wait for the drilling you silly monkeys!
    URM Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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