RE: RE Positive news again25 Feb 2026 10:11
Yes Silver price will always be relevant for a Silver mining Co. WCE are the Silver mining Co. The Australian mining investors are very astute and aware of all the junior Silver miners in Austarlia. WCE comes in about the middle for opportunity and high risk investment. Garlick was in Hong Kong last year at an investors conference. Was it to raise funding for WCE, where he is most busy ? More likely than for UFO. There are no Director buys at UFO. Never have been since BBG was in charge over 5 years ago. UFO is a funding vehicle from London shareholders, to pay for Australian exploration and drills. Then derisk the resource to other Australian juniors, in the hope they can raise funds to complete drills and find JV partners. What is exit strategy for UFO ? Royalty from eventual mining ? Garlick is an experienced mining executive, who will never buy any shares in UFO. I still hope to exit after Munni Munni results.