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we know what the rns says max (paid ramper - non shareholder) .. on 9th december 2021 there was an rns that proclaimed eh was to re-open.. queue the trumpets and ribbons.. then some headframes appear (appearing to show eh? ) . then nothing.. radio silence
its march 2024 2.5 years on nothing.. no news.. no de-watering news just more meaningless side comments about deals and possible conversations with some unknown parties..
we have been in talks with prospective "entities" for years .. its bull**** the only thing to ever result in a jv deal was capstone.. who soon f**ked off when they realised there was nothing but dust at the bottom of a the hole in mexico.
how's your research on this ? this company has broken all of its promises, it has continually failed to meet objectives given its own timescales and we have been through so many management people i have lost count..
yet here you are still peddling.. whilst i have lost my **** at seeing it all go up in smoke... hmmm yet you call me a trader blah blah blah.. when i have clearly stated that my unrealised profits amounted to a huge amount of money.. for which i only blame myself for not taking those profits.. and yes it makes me angry.. because i am a real person with real shares.. thats why max !!
you have witnessed a 95%+ decline in the sp peak to trough.. yet you continue to promote like the sp has gone the other way... fan boy of every failed manager / ceo of every interview.
whatever you think max.. ufo have failed this past 18 months and its has destroyed the company and damaged its prospects in a big way. the sp has reverted to the pre 2020 mean but with 6billion+ shares. the begging bowl is out to the only people willing to keep the lights on, probably so they can snap up the assets for f**k all .. right under all our noses..
my only conclusion is that you are part of this in some way.. a sock puppet..
i will continue to hold but my opinion is that the game is up here and the value we could have had has been destroyed due to the delays over the past 2 years.
sad to say but c2 / myavian were right all along..
So Wents, you get your jollies from slggn other researchers, but have fk all but negativity yourself, doubt you are invested., like the other sad trolls.
ATB LTH's.
So a ariel view should verify the statement from this large shareholder, I like how you put the large shareholders statement and then the Rns statement.
An ariel view should show activity.
Yes but what you did not know Norm ,was the latest tweet,said that Bill had hired a electric pump from the local hardware store.
@ "Large shareholder" Norm. Do some research.
Elizabeth Hill:
"Alien has erected headframes over both existing shafts and has purchased necessary equipment for dewatering, camp construction and mine re-opening"
Last RNS:
"Considering various longer-term financing options, including continued discussions with strategic partners regarding offtake funding, debt, and equity project funding in connection with the Hanc0ck Project and the Pinderi Hills PGM, silver and base metals project; and
Actively exploring the potential for the sale or joint venture of non-core assets providing further funding for the Company."
"Rob's in-depth knowledge of Western Australia, and in particular the Munni Munni platinum group metals and Elizabeth Hills Silver projects will be invaluable as the Company examines options to unlock the value of the projects."
Hanc0ck:
"It is our objective to unlock the value of the Hanc0ck iron ore project, where we have recently received positive interest from potential joint venture partners following the results of the Development Study."
Silver + PGMs are commodities that smart money is now sniffing around for. Ask Rick Rule ;)
Max spinning the narrative yet again against anyone who dares to speak the truth about just how awful UFO have been managed this past few years.
I’m just glad you’re a nobody on a meaningless BB and not actually in a real position of power. It’s quite scary how some people behave and try to coerce others into their thought collectives.
Jvs on EH / Munni. ? E H was full of water the last I heard ?
I mentioned yesterday that i would like to see blue all this week, before i could become a little bit positive, well today has been great, but we shall see tomorrow or one day this week, if Mm,s are playing their games, i really hope its the real thing.
Max IF we sign Jv,s for Han and Pinderi Hills 0.5 will be a joke, surprised at you being so negative lol
Nice one Dickie. I'm most glad that you out of all the posters here managed to pick up shares at the bottom.
I'll be looking forward to welcome the fake shareholders here (ie the ones that say they hold but have an agenda and can only post negatively) as real shareholders once SP shoots past half a penny after JVs signed for Hanc0ck & Pinderi Hills.
Only my opinion of course but i am so certain licences will be awarded by the early Q2.
Been re-loading up at these comical lows. Gla
happy haddock aisc isn't just open, it includes royalties etc.
we already know the capex and we know overall company overheads will be more than covered by ebitda from han****, so i'm not sure what else you think you need to understand
Guys, can you all hold on until .4 before you sell any please :-) Thankyou
They spent £2 million in 8 months just to keep the lights on. They raised £1 million on Friday. To say they are fully funded for the next 12 months or more is absolutely ridiculous even for you, cj. Before we got the native title we got a steady rise for a couple of weeks and then a drop when we received it. Think it's called buy the rumour sale the news. We could possibly be seeing the same now, or it will simply just drop again tomorrow. Not sure what all the euphoria is about.
Yes, for sure. Signed. Dan
Yen to watch tonight.
The USA, Russia and the EU have their war factories running at full pelt, not to mention China, so demand for Iron ore is bound to be high and increasing.
Big green candle at 3pm on 5 minute chart, nice Bollinger action today.
Wonder how many sold Friday and bought back today.
Hope we get a few new long term investors rather than range traders…..
No offence meant to anyone by the way…..buyers on Friday helped a good cause.
Well it was clearly oversold on low volume. The issue here is whether or not there are enough punters to keep it going. UFO are offering nothing to sustain any kind of rally. The iron ore price isn’t helping either as that’s hit a brick wall.
So maybe this was a bear raid by the MMs to create some volatility on what was nothing news.
I thought it was a 17m sell which was making me think that’s a lot in one hit, but also shows me they want the shares.
944T
That 17m buy was from around 3pm just reported late in red.
Why not Tuesday.
944T
Dare we say RNS Thursday?
LOL
ATB WTFDIK PJ
I will be very happy if they prove me wrong. Still only 0.14p though, along way too go before the corks start popping.
Up 23% at the close.
The Friday news has been rationalised and the removal of the possibility of running out of funds taken off the table.
The market appears to now focus on the tremendous potential of this company. Both near term and long.
Great news for LTHs
@Bfd, it's not a case of not believing the study, it's a case that the study has only told us about op-ex costs and they aren't the costs I want to know, I want an indication of total costs when everything not included in op-ex gets added on.
At this point I doubt our management actually know what our total costs will be but I'd be very surprised if there is nothing more to add on for financing costs, legal fees, directors salaries etc. Furthermore as mining is a depletive industry it is always wise to factor in to total costs enough expenditure on exploration (or M&A) to keep replacing the reserves you are using up.