Home > Boards > Canadian > Mining/Resources >

URASIA ENERGY (uuu.v)

uuu.v RSS Feed
Add UUU.V Price Alert      Hide Sticky   Hide Intro
Moderator:
Search This Board: 
Last Post: 4/5/2009 1:45:52 PM - Followers: 0 - Board type: Free - Posts Today: 0

UUU.v in Vancouver STOCK MARKET UUU LONDON STOCK MARKET UrAsia Energy is a listed un-hedged Uranium Producer with annualized production of 1.8M lbs U308 net to the Company. Fully funded with $50M CDN for future growth, strategic business alliances and acquisitions, UUU offers direct leverage to the price of Uranium. Business objectives: By 2015, produce 10 million pounds of uranium from three assets Build/upgrade mines with project financing Be one of the lowest cost producers with ISL production Upgrade substantial resource base to reserves Create the most compelling growth story for resource investors [IMG]img260.imageshack.us/img260/6334/tradetechuprice4ys.jpg Investment Highlights: Second largest Canadian-listed Uranium producer Growing production profile (Potentially 10M lbs U3O8/yr by 2015 at cash costs of US$10 per lb) Substantial reserve upgrades potential on development projects Attractive exploration potential Favourable uranium market fundamentals Strong management and financial support UrAsia Energy Ltd. - ("UrAsia") is one of the four listed uranium producers in Canada. UrAsia's annualized production is an estimated 1.4 million pounds of uranium, which comes from its 70% interest in the Akdala in-situ leach uranium mine in Kazakhstan. The Company's goal is to be producing in excess of 10 million pounds annually by 2015 from at least three assets in Central Asia. Kazakhstan holds 18% of the world’s uranium resources, and is a key country in filling the large supply/demand gap in annual uranium production -- some 80 million pounds. All of the Company’s deposits are low cost ISL (in-situ leach) uranium mines -- low operating cost and low capital cost. The country holds the most obvious potential for increasing global production. Cameco is slated to begin production from their Inkai JV in Kazakhstan in the first quarter of 2006. UrAsia’s development stage assets have a large Russian P1 resource. One of the Company’s first goals is to re-drill these assets to convert the known Soviet resources into Canadian NI 43-101 compliant reserves. Management intends to put these assets into production with project financing, using little or no equity dilution. As of November, 2005 UrAsia's cash position was CAD$75 million. UrAsia Energy Ltd. is a new, uranium producer, with low-cost, in-situ leach mining operations in the Republic of Kazakhstan. The Company is led by former ERA Managing Director, Mr. Phillip Shirvington. The Company currently produces 1.8 million pounds of U3O8 per year; this production rate is set to increase over the coming decade as the Company, along with its joint venture partners, embark on the accelerated development and construction of two additional operating mines within the Republic of Kazakhstan. With annual production in 2005 of approximately 11.0 million pounds U3O8, Kazakhstan is the world's third largest producer of uranium. In today's nuclear fuel market, the introduction of new supply is critical in all three front-end markets. This is especially true for the uranium and enrichment markets, which have experienced considerable upward price pressure this year, pressure that shows no signs of abating anytime soon. In uranium, the Cigar Lake flood has further delayed an important source of new supply, with attendant market impacts. In UxC's just-completed Uranium Market Outlook report, we examine the potential impact of this flood on supply and price through analyses of various market scenarios that could play out in the future. Also included are a review of recent market activity and a look a current and prospective activity, and a detailed listing of reactor and production developments that promise to shape the future market. ¨World Uranium Mining (Production from mines in tonnes U) <= Click link for full information from World Nuclear Assoc. Country 2001 2002 2003 2004 Canada 12 520 11 604 10 457 11 597 Australia 7756 6854 7572 8982 Kazakhstan 2050 2800 3300 3719 Niger 2920 3075 3143 3282 Russia (est) 2500 2900 3150 3200 Namibia 2239 2333 2036 3038 Uzbekistan 1962 1860 1598 2016 USA 1011 919 779 846 Ukraine (est) 750 800 800 800 South Africa 873 824 758 755 China (est) 655 730 750 750 Czech Repub. 456 465 452 412 Brazil 58 270 310 300 India (est) 230 230 230 230 Germany 27 212 150 150 Romania (est) 85 90 90 90 Pakistan (est) 46 38 45 45 Spain 30 37 0 0 France 195 20 0 7 Portugal 3 2 0 0 Total world 36 366 36 063 35 613 40 219 (42 886 t U3O8) (42 529 t U3O8) (41 998 t U3O8) (47 430 t U3O8) Australia 1,074,000 30% Kazakhstan 622,000 17% Canada 439,000 12% South Africa 298,000 8% Namibia 213,000 6% Brazil 143,000 4% Russian Fed. 158,000 4% USA 102,000 3% Uzbekistan 93,000 3% World total 3,537,000
uuu.v
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
PostSubject
#10   Obviously, these guys got eaten by a big producer... Pro-Life 04/05/09 01:45:52 PM
#9   Another nice play Friend, Congrats and Good Luck Greencake 05/21/08 01:15:12 PM
#8   Howdy! allspice 01/27/07 10:19:27 PM
#7   UrAsia Energy is a listed un-hedged Uranium Producer drluck 01/23/07 06:43:26 PM
#6   UrAsia Energy is a listed un-hedged Uranium Producer drluck 01/23/07 06:35:03 PM
#5   Target 20$ drluck 01/23/07 07:56:52 AM
#4   best UUU Thread of the world :-) Berliner 01/23/07 02:45:37 AM
#3   IM in , 4.20$ 5,000 TO MY BAG drluck 01/23/07 12:28:11 AM
#2   GO UUU! hinchback 01/22/07 06:17:00 PM
#1   INKAI Next BIG URANIUM Producer ! drluck 01/22/07 06:16:41 PM
PostSubject