Member Info for Chrisatbirdies

Jma46.

You might need to re post in a couple of days. The petition is been checked

Just a thought on the how low can we go subject.

If the company did issue a placing and diluted us even more. What's to stop them then buying back shares once they have an income. It would work as a loan from the shareholders. Not saying i would be happy with this. But is it an option

During the interviews mr. vorster made it clear that there will be a fair bit of proving up going on which obviously will need money. The market wants to know where the finance is coming from. Like Max111 i feel that he is confident of a joint venture and he told us as much as he could without stating that. The full mining permission is needed first and hopefully that is imminent

Hi happy h. I agree with tour post however at least he made the effort to talk to his shareholders. It will mean nothing to the market until the financials arrangements are released. We are at the two month stage since knacks was announced and according to alien, we should expect the full permission in the next month. I doubt anyone is holding their breath. I am hoping that their will be some forward payment deals that will negate the need for more dilution. It will probably be a forlorn hope given alien metals history

Thanks very much for the replies everyone. Very interesting. The sooner we get the full permission and finances announced the better. Hope they don't draw this out too much longer

Seen as its a quiet sunday. I thought i would ask this question again as i think the answer makes a massive difference to the prospects here.

Anyone got any idea if knack put any restriction on late working. I.e noise levels or disturbance around local townships. Anyone who has worked in an engineering environment knows that companys like to keep machinery working as much as is possible. 24 hour shifts would obviously make a massive difference to the possibilities here

Anyone got any idea if knack put any restriction on late working. I.e noise levels or disturbance around local townships. Anyone who has worked in an engineering environment knows that companys like to keep machinery working as much as is possible. 24 hour shifts would obviously make a massive difference to the possibilities here

I'm worried that he's fallen into the same black hole as our bod

I reckon we will know a couple of days before any news as the share price moves. Leaky ship and all that

Id put your house on it that we hear nothing next week cj. In fact the next two weeks. Maybe late feb and you can unpack your bags

Their must be some forward planning for those parties involved in contracting , storage and shipping.

Hi Cj.

I've been trying to think more positively about the lack of news. They did tell us that the company would have enough financially to last us until the decision to mine.

If they have stopped most activity until the permission to mine is granted, then it lends itself to this promise.

I've decided to expect some news by 14th march. 3 months after the knacks was received.

Looking like a march rns when they announce permission to mine. On the plus side, there can't be much of a financial burn going on at the moment . It appears no one is there

this from the 20th september rns.

troy whittaker, chief executive officer commented:

"these significant results continue to showcase the abundant potential we have at our han**** project. the results demonstrate high-grade, direct ship ore at substantial intersections which continue to underpin further confidence in the resource.

as an outcome of this resource definition drilling, we will in the coming months update the han**** project resources and reserves."

so what happened to this then.

i can imagine an office with a very full in tray and no one sat at the desk

A little more patience C.j.

Sorry but i am all out of patience with this shower and i don't think the market could be any more appalled with ufo than what it is.

It must be getting to the stage when the 5% of shareholders needed, request a general meeting to find out what( if anything) is going on at ufo.

Looks very much like we are been softened up to accept a low ball offer. Did troy object to that and was shown the door

Can't argue with you slimgizmo its pretty dire stuff our bod are serving up and the s.p is reflecting that.

Peanutty.

The native title rns was released on the 14th december.

That's 46 days ago. What that means is the full permission is imminent (i hope ). The company will avoid having to pay bonuses to the new ceo for this achievement.

Tradederrick.

I wouldn't dream of advising you what to do, but i have kept mine because i am massively down on the investment and for all the poor performance there is still hope (albeit receding by the day) why sell at this low share price.

However i do realise as the days drag on that another raise is becoming ever closer and then we are sunk. The choice is yours