From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

John Zorbas and Uru Metals – disastrous news from Zeb, it's almost bust and has been caught telling porkies

By Tom Winnifrith, the Sheriff of AIM | Tuesday 2 May 2023


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Oh dear, oh dear. Uru Metals (URU) – as Nigel has pointed out is technically bust. By now net current assets will be cMINUS $2.25 million while cash will be down to just a few hundred thousand dollars. Its supporters flag up that it owns 78% of TSX-V listed Zeb Minerals. Today URU flags up two bits of news from Zeb without going into detail. I bet you cannot guess why? First up Zeb has been caught lying or, as Uru puts it, it has “issued a clarifying press release”
Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

PICH

Pitch Pit – this stinks

 

GEX

Georgina Energy: Lyin’ Yet again

Wednesday »

Bearcast

Tom Winnifrith Bearcast: Bracing myself

Time left: 10:01:48