Member Info for bobsson

Yes will it really be "different this time". Stranger things have happened. As the shallow wells show it all very well achieving good initial flows, its sustaining them which is more difficult.

Dividend to be paid this Friday - 2nd August.

Great news, shares only closed at $1. In the old days might have been $2. Just hope some momentum can be gained in the coming weeks.

I have said it before and say it again, for me the real strength and effect of Foralumab will be as a combination drug with other neuro disease specific drugs from other pharmas. I hope TLSA are working on this and something is announced soon, perhaps that will finally give the share price lift off. A $5 share price is not out of the question.

Vortex - bigger (and better?) than DT Transfer now launched. The fight back has begun.

They can`t afford the fee.

I hope your optimism and investment pays off.

The company using TCFs offering are refusing to pay out the milestone payment of £5.5 million (?) which is now due. So great caution required here in my opinion.

Is this what they call the capitulation phase?

Significant news. Fingers crossed for us and the sufferers the trial is successful.

And if they farm out 50% of all assets the value would be 1.35p?

In reality the share price might rise above 2.7p because the market could actually see a realistic plan to start getting stuff out of the ground and sold.

The BOD need to stop getting side tracked and start to produce and sell the iron ore!

Eh? That is virtually what you wrote! The only thing missing from your suggestion is money. Where is the money coming from to develop EH and MM before the Iron Ore assets?

UFO have no money!

One or more of the assets have to be sold to generate cash, the near term project is H iron ore prospect.

No I can`t be bothered. But I suspect you are suggesting some sort of mega deal (s) whereby we sell all of the iron ore assets to fund the development of other precious metal and PGM assets? Perhaps with a farm in partner for the remaining assets? Fast track - so production of silver in 2027 or 2028?

UFO appears to have top class assets in a mining friendly country. The licence areas are located in the heart of mining country surrounded by major mining company operations. UFO have little or no cash on hand and no income, current market cap is £14 million , no major shareholders, over 6 billion shares in issue.

Question: why has there been no takeover attempt by any other mining company, when these best in class assets could be snapped up for less than £100 million?

Share price goes down because another positive resource report gives an outline of further expenditure on the secondary project. Mr Market knows UFO does not have the cash to progress its primary project let alone the secondary one.

Doubt, uncertainty, suspicion, confusion? Where is the money coming from?

Nope. If there were true demand they would up the bid price. With only 32 trades there is no great demand for shares here today.

If Market Makers (market makers) are short of shares and supply cannot meet demand, in a free market economy they should increase the price of the share to encourage sellers to meet the demand, that is how the market is supposed to work. Therefore as the share price is only rising gently this indicates there are plenty of shares available?

The yield is also attractive at around 7.5%

CJ, Yes looks as if this is the new (second hand) bulletin board for Evgen Pharma or Theracryf as it now is. Share price of 0.80p is (sadly) is the pre name change price of EVG.

Dynasty trying to make something happen.

Well that transfer went smoothly, ...... not.