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Read all mrsipp aka moaning mrytle aka mr shoter' past posting history, adds nothing at all neither positive or a good conversation to be discussed, he simply ****s off anything anybody positive says and a lier now as if he was spiritual person what he does goes against that mantra. The truth is he has no life or friends and this behaviour he has entertains him. Very sad lonely person. Good luck to him in life...... he bloody needs it
Mr shorter i like the ring of that and maybe im some sort of wizard ;) I dont dislike anyone im a very spiritual man i just dont do twaddle like many of you like to hear time and time again like candy to a child seems this board is split between the truthers like myself and the lets stick our heads in the oven as it must be true because Max and a few others said so lol absolute pathetic and sickening just live by the truth and this board will get on and flourish no time for bollax
And why I’m on why not leave Max alone your like the school bully your first post this morning you have to have a dig at him. Yes he might go on a bit but you know what he always try’s to put a positive spin on things I don’t think I have read any this he’s posted and thought that’s totally misleading . E
Investors need to do their own homework there is plenty of information out there.
Let’s see what Bill has to say on Thursday and make up out own options from there.
Going to put the Christmas Tree up with the kids and the wife have a good week end people.
Dont add value .... i speak the truth which your ears cant handle and what i do say has come true on a few occasions unlike every single day, week and month going to be phenomenal what drivel you spew. Me short is the furthest from the truth so please dont become a psychic Maxi
Pops you need to understand the business model and that our company is a project generator.
Before we start receiving a royalty stream from our high-grade projects, the process by which we can increase the SP is by making low-cost acquisitions and adding value through cost effective exploration.
We have achieved a phenomenal amount this year with all our current projects despite covid: - Donovan 2 JV Partnership with Capstone done. - Newly acquired exploration licences are under JV discussions (Hamersley, Elizabeth Hill & Greenland). - x2 confirmed high-grade silver mines in Mexico are being marketed by IBK Capital.
Soon all our projects will be in JV Partnerships hence the need to fill our pipeline with new projects.
Once we get the 3rd Party Funding as mentioned in the M&A Update RNS 26/10/20, we can then minimise dilution for shareholder and can continue to expand aggressively and there will be no limit to the number of assets we can hold in our portfolio.
This is why IMHO UFO is the best scalable, high-growth business on AIM as we head into a secular PM & Base Metals bull market.
Hi Pops. I think the others have been a little unfair in their responses, as part of your question was about the need to focus on our existing projects. My view is that we need to be balanced in our approach. We definitely need to progress our existing projects and start seeing some revenue generation, but we also need to keep an eye on the future and be on the look out for further prospects. Bill and the management team are excelling at this at the moment. I don't think we should be scared of dilution provided it is ultimately adding value to the portfolio.... As the saying goes 'you gotta speculate to accumulate'. Best H
I am a long term holder and I also have a very low average. (THEY ALL SAY THAT)
I'm not trying to put anyone off ( OH YES YOU ARE) but having been through 18 months of low volume and constant dilution am still here as I think Bill Brodie has transformed the fortunes of this share. (NOW YOU'RE TALKING)
Hi. And thanks. I think it's only fair to state the facts here. I am a long term holder and I also have a very low average. It's always easier when you get in early but it doesn't mean to say that there is no value left. But beware with UFO this has been a heavily diluted share. Also that resource exploration is a lottery at best until the resources are proven. This is by no means a dead cert and is incredibly risky and prone to wild price swings as we have seen over the past few months
I'm not trying to put anyone off but having been through 18 months of low volume and constant dilution am still here as I think bill Brodie has transformed the fortunes of this share.
My personal opinion is that I think we can reach 200M MCap in the next 12 - 24 months. This is based on 2 of the 5 projects being big winners.
It's been a crazy few months but I'm hoping for a more sensible price action over the next 3 - 4 months as news of Mexico and Iron ore come in.
I have to admit valuable content from yourself and other seasoned posters on the BB has helped me cut through the cr*p and understand the potential for UFO so thanks for that. I initially got interested in the company due to its exposure to potentially high grade silver, and with the bull market ahead of us I thought it was worth the investment on that alone. Iron ore is something I’m still digesting and educating myself on but I am excited for the future as it seems very promising
Yeah Technicals you need to be patient with this share.. I have been here for around 18 months now building a position. Around the time I first bought there were 1.5 Billion Shares in issue.. now there are 3.2 Billion and counting. so Dilution on a grand scale. But an explorer with no revenue you have to expect this.. I think (or expect) there will be at least another placing next year, possibly in the middle of the year as things in Elizibeth Hill start working there way into things.. I dont envisage longer term 100% dilution from today as the JV money should start rolling in towards the back end of 2021 - 22 - But i would use 4 Billion as my longer term calculation for price target ..
Definitely mate, it’s overall looking really strong and with patience we will see that 3p eventually. But not until we get through 2p first like you said.
Yes clearly there is multiple catalysts that could shift this price and I’m positive we’ll all be rewarded if the patient/long term game is played! Looking forward to upcoming news and the effect it could have on the price given the strength of the chart