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This isn't a sudden storm cj.
This inactivity has lasted 3.5 years now. What have we actually achieved in that timescale. Knacks permission which hasn't actually been registered on their website 4 months later. It stinks of a job for the boys company.
I'd come to the same conclusion steveo. My one remaining hope is they know they can't keep blagging it much longer so they may well have to actually do something. That might give us a way out
Would be nice to get some clarity over the mining application. It seems it is a longer process than just gaining permission. The silence on here, leads me to think people are giving up. Joint venture now seems to be the way forward after years of saying we will manage the project.
That will further eat into any profits. Got to say i have a lot of reservations as to where ufo are going as a company. I accused them of been a lifestyle company last week. They weren't, but i believe they are now.
Its almost like the potential is actually their modus operandi and that is their income. They are mining investors instead of iron ore
The fundimentals and potential here are probably agreed by the majority. The problem is ufo itself. Mr moonboy. Where do you get your new born confidence in this shower from. Did you get any feeling of anything about to be achieved soon, because i certainly didn't pick up on that.
With this latest news that we are hoping to joint venture hanc0ck. What does this mean for the timelines on the presentation. I had assumed ufo had some sort of a plan in mind, to enable them to issue timelines. But surely this now depends on who ever is going to pay for the mining.
I'm sorry if i can't join moony and others into the positive side just yet, but as far as i can see its just more jam tomorrow. As i am quite heavy into this i will cross my fingers and hope.
Pretty pathetic effort here from everyone involved. This talk of max and cj been paid is amateur stuff.
They are trying to be positive on a fantastic investment that has lost its way. That they remain positive says much about them and i send my regards . However i now believe that this is a lifestyle company. They will agree a joint venture that continues their income for an agreed time. The company/investor will gain no thing
No mention as to the progress of the mining application.
Its now 3 months since the knacks agreement was announced. Wasn't that the longer of the expected time estimate to achieve full permission. On the face of it we haven't actually achieved anything in that 3 months, except more ins and outs on the bod merry go round
There is a link which i will post. You need to be registered
Apparently the native title hasn't even been registered yet.
Just how serious are these self reporters problems.
Have we even applied for the the full permission yet. This is on the telegram message board. If it is true then surely the native title rns needs updating
During an rns. Ufo stated two to three months from the native title agreement. Thursday will be three months. So a bit of a contradiction
Where will future investors get their confidence. Even if ufo manage to get to production. They seem uninterested in the investor. Who would buy into this company that offers nothing that would draw in any interest. I think those that say there is a deliberate mandate here to drag the price down for in house buyers might have a point. In my opinion this share is ran by the few , for the few with total disregard for any investors not in the loop. The fundamentals are great. No doubt about that, but they aint looking to share any upside with the likes of us. Sorry if that isn't what an invested shareholder should say. But i will say what i see
You are a lone voice at the moment max111 among a mixture of depressed investors , losers ( chris2) and a few sharks as well. Lets be honest. Most of us will be grateful if we ever achieve our money back. Its looking very doubtful for me at the moment and yes i think my investment was an awful decision on my part. Still chance of a comeback yet, but i don't think we have a bod who are in a rush. They will probably buy in when they know we are all but finished. Then all of a sudden the company will flourish. But not for the ones who sustained it through the process
Agreed C.J.
Unless they bag a joint venture in the pinderi hills.
I am looking forward to some news on anything.
I remember seeing posts on here saying that the aussie authorities are speeding up the mining application process. Yet ours has only two weeks remaining of the supposedly three month time frame. What has the company done to prepare for these applications. If mining plus are supposed to be handling this application, then why are they taking so long. Lots of unanswered questions here. Where are we supposed to get any confidence that ufo's performance on any project or task will improve. I have to say its pretty pathetic at the moment
Looks like iron ore prices have dropped considerably recently. If you are going to post when the price goes up, then you should post when it goes down also. You could still put your spin on it Max111. Profit margins etc. Of course that's If you want your posts to be taken seriously
Go on then flatliner. I will indulge you.
We have had 3 years of pretty much nothing but have recently achieved a major milestone. We have quite a few hurdles still to get passed. So if someone like yourself comes on and tells us that its a dog, then fair enough, you may well be right. Its all been well documented on here.
Forgive us if your comments aren't well received but we've heard it all before, many times
So flatliners.
You think this would be a poor investment.
Fair enough.
Shut the door on your way out then please.