Member Info for Chrisatbirdies

That's my gripe with ufo.

What are they actually doing.

We've had six years of dilution and still nothing.

They hang on to the coat tales of West Coast silver( tiny errawarra by the way) and green tech.

I'm doing my bit. Only small buys each week but I do think this can get up to 0.5p with the right news.

And it gets my average down a bit

Hi DRB83.

Yeah. I didn't enjoy that interview at all.

Bruce seemed to know very little about the iron ore and inferred that the board were busy with the joint ventures.

Considering that we aren't running the joint ventures i think its bullshot.

I think the truth is that he personally is too busy with west coast and thats fair enough.

I'd like to know what if anything the rest of our board do.

He said that after the visit to hanc0ck next month they will consider their options.

They have been telling us lies about hanc0ck for years.

Therein lies the difference in attitude DRB83.

I think you will have your 0.3%. We came looking for ten times that.

The board have had one job and diluted us and produced nothing at hanc0ck in over five years.

They still aren't going too.

Whats changed.

West coast and green tech are running Elizabeth hills and Munni munni.

Just what are our board doing

hi drb83.

i totally agree with you if we can see that the bod are actually different. the past is the past and i would love to get behind the so called new bod.

but what are they actually doing.

bruce hasn't hardly looked at han**** ot the other iron ore projects and claims they are too busy with the joint ventures.

west coast and green tech are running the joint ventures.

so before we declare a new beginning let's see some evidence that the previous **** show has actually ended

Totally agree Smiller.

I won't be selling up but I will continue to say it as I see it.

If by any stroke of luck this rises to my break even, I will happily be gone gone gone

Well I finally got time to listen to Bruce's latest interview and its left me very dissapointed.

Our flagship enterprise is now a mere afterthought.

A little bit of a distraction if you will.

More bother than its worth so we are probably going to sell it if anyone is interested.

The going rate of in the ground ore is around 5% I believe.

So about $42million if we are lucky. Maybe enough to pay the directors lifestyles for a year or so.

I get the feeling that we are slowly been relieved of our projects and eventually it will just dissappear.

The consolidation idea would be a typical rinse and repeat scenario.

If you don't believe me take a look at the share price and see what the market thinks

I would like to know why ufo have a bod and what we pay them for. Is it so they can copy and paste an rns from another company.

Bruce has obviously not got any interest or ambition from his bod.

I did ask earlier what is the point in ufo.

Along comes max111 to copy and paste any negative comments out of the visible message board.

well it looks like our flagship enterprise at hanc0ck was a pig in a poke according to mr garlick.

i can't see bruce's honesty going down well with the rest of our lifestyle bod.

i always saw elizabeth hills and munni munni as a compliment to the han**** project and with all three i did see a decent upside here of up to 1p a share.

at the moment even with a great performance by west coast and greentech i have revised that down to 0.5p maximum and will be looking for a slightly higher point so i can get out and suck up the loss.

those who say we would be better off with a straight investment in west coast and /or green tech have a valid argument.

at the moment i fail to see the point in ufo at all

Did you just start your shift in the ufo office Max.

No time to waste.

Copy and paste.

Copy and paste

Totally agree Smiller.

The comms as far as anything ufo are as poor as they have ever been.

Bruce Garlick asked for a year but we need to see some progress or is he going to walk out at Xmas with hanc0ck no further on. Let's be having some news on what ufo are doing. The silence indicates that they are doing nothing as usual

Its a pump and dump thing Rad.

They will have multiple log in names

those long term holders including myself have a valid point and its worth noting that after five and a half years that ufo them selves have achieved so little.

but the new investors have a valid point too. west coast and green tech are doing a fantastic job.

however they are doing nothing that ufo shouldn't have achieved themselves.

and there in is the point.

why.

for you new investors you might well make a five bigger.

for us long term holders we might just get some of our investment back.

its been a **** show and ufo continue to achieve nothing.

Oops. Where is moonboy.

Surely they are in phase three by now.

Anyone remember jackanory

Where is

Pump and dump gang are in town.

I will admit it could possibly be quite a significant amount, but green tech will have to joint venture that and concede a good proportion of there ownership.

Ufo of course presently own 30% of what greentech retain.

Mineral city.

Let's wait while they do an updated 2012 compliant resource estimate alongside a scoping report that tells us what's down their and how much it will cost to extract it.

At this moment in time we are just guessing

Not that we are trying to sell any iron ore.

But forcwhatvits worth.

As of April 16, 2026, the benchmark 62% Fe iron ore price, often used to track Australian exports (CFR China), is trading around USD $106.75 per dry metric ton.

Financial Times

+1

Daily Movement: The price has remained stable, holding at the same level as the previous close, with spot prices rising slightly during the week.

Grade Variability: While 62% is the standard benchmark, 58%-61% Fe grades (often from Australia) have experienced volatility due to increased supply of lower-grade ores and market factors.

Context: Prices recently rebounded above USD $100 per ton following a temporary drop, supported by increased Chinese imports in the first quarter.

Bruce has been at ufo for three months. Maybe a little early but I would like to see some progress on Hanc0ck .

If they can manage that, then confidence will return and with the progress green tech and west coast are making we could well see a decent re- rate