Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Not quite the good news I was hoping for!! this is turning into a disaster .. my investment here is now down 92% ... what a sh t show it is turning out to be... still cannot find any progress on the deal we supposed to have had with Burnstar on the energy plant.... or was with another made up news!
This company is a complete disaster and it is about time they provided real updates.
first the Burnstar was supposed to be installed by end 2023 then Q1.... well they got about 10 days to go!
They just need to get their act together even if it mining and selling the raw materials to generate some revenue.
Come on Mr Wardle, drop us some real news.
I am more than frustrated by this company having held here for many years. I thought Martin Eales was making progress until it all came to a halt mid last year when they turned off the smelters...... what worries me most is John Wardle. i was severely burnt by what he did at Amerisur... sold down the river on that one... and it worries me with is significant holding here . only good point is he bout a lot of shares at 0.31p so almost double where we are now. frankly i would take that at the moment!! I just feel that this has stumbled along for far too long and just when it got going faltered again. Surely they could have started generating some income to help keep the lights on?
Worries me that even Wardle sees this as a "Challenging" future...
Post on linkedin a short while ago.
A big thank you to the team at Alien Metals as well as our amazing subcontractors REGROUP, Rapid Crushing and Screening Contractors, Mining Plus and Green Values (to name a few!) for all the hard work this year. We agreed terms with the Port for export, successfully had granted the miscellaneous licence for the Site and negotiated and executed the Project Mining Agreement (as well as much more) - an amazing achievement by all. It's time for me to now hand over the reigns. Good luck everyone!
So how can Troy being being paid to be CEO of UFO not be impacted by being appointed as COO of Jay. surely his time will be divided and therefore should we not ask if his salary/bonus be equally be split.... i cannot see how this cannot be a conflict and need to be RNS'd here? I get NED positions as people are on many boards at the same time, but holding two paid positions seems very dubious ...
What annoys me the most is that they sit there and take their salaries on the back of our investments but cannot give us any clear tangible updates. Maybe if we controlled their salaries in a similar way of "will be updated in the coming weeks" and "its work in progress", they might get a wriggle on and get this over the line.
What also use money for more exploration when we cannot even get the most simple of our asset of the ground. I would prefer them to start the silver mine first as at least they might find something to sell rather than drill yet more holes into the ground that we might never get out !
This RNS on the back of the trading today stinks on insider trading and really needs someone to investigate it. too many nudge nudge wink wink activities been going on by the looks of it..
The frustration is that I am so far in this now, it has to be a sit and wait and pray they don't royally F...K it all up.
Why they cannot give more clarity on the KNAC agreement is beyond me, it has been on the table for so long surely they must have some idea. The key concern for me is that the KNAC don't need the money !.
Hi, I am not new here, been in for about 5 years, but this was always a 5 year plan so was just happy sitting on my modest holding, and waiting for progress..... just seems not might be a 5 year plan now! but maybe 7 ! it is just so frustrating when we can all see where it is going and it all seems so close.....but feels like Christmas is coming!
https://www.karlka.com.au/about/our-staff/native-title/ scroll down. it is a lady called Ellen, says joined March 2023 ..
News certainly is slow, we are still waiting on updates on EH drill results which was supposed to be "several" weeks... and also the shaft upgrade... management need to give something this week or this is going to continue to drift south again when it should be pushing north!!. Been here for several years now and frustration grows as i can see the potential.... just needs a little more urgency or investors will pull out and invest elsewhere while the BOD delay updates.
I rarely post on the forums, but I think this has been long overdue. I got burnt but Giles Clarke with Amerisur a few years back and this seems to be similar tactics, keep diluting whilst they don't put their money in to push this forward. Surely these people can raise £5m themselves..... Been a very long painful investment which one way or another needs to be resolved. I think Align are 100% correct in releasing this statement.
Good luck all.