Member Info for cjmorley

@smiller

In the absense of an RNS what else could any comment be but "pure speculation" ?

I see the move as very positive indeed. UFO is fast moving into a new phase. Bill is a great explorer and asset to UFO both past and I hope for future development.
We now need a finance guy with ready established contacts and management experience.
Back in the 60's IBM had a saying "as engineering managers, engineers make..... good engineers"

Harsh but true. The time is right for a new captain of the ship.

DYOR

Aqua

Today's most silly comment

Point taken.

The good news is that any 'revenue stream' will be seen by the markets as a very big plus.
I feel sure that a re-valuation of UFO price is just around the corner.

My guess....... 3p plus by Xmas without further finds, All looks good. Hold tight :-)

@lewyman

I tend to disagree re "not good".

DSO >60% Fe ore is the cheapest to mine and importantly cheapest tp process at steel plants.

UFO ore may well become evem more saught after.

Just my opinion. I'm no expert.

More great intercepts reported.

It.s a typo

zero is next to nine

GGP

roll the dice 6 million times

You expect to be wrong 5 million times and correct 1 million times. (near enough)
Odds therefore 5:1

Hypothetically

3 options, one is correct. two are wrong

odds of picking correct one are 2:1 against

@gymboy

"0000 is one of the options so its 9999 plus 1"

You are correct to observe that 0000 is an option.

However the correct combination is also one of the options. therefore

(10000-1) the odds are 9999: 1

I know nothing about mining, but on this you can trust me :-)

It is actually 9999 : 1 against.

@wents

He sounded to me to be confident yet careful not to set timelines in stone.

This is very wise as the market would react badly if CEO projections are missed.

I remain confident Sept/Oct for permissions etc.

Thanks again Dipp

I believe drilling underground, viz avoiding deep holes through the 'cover' is very efficient and importantly cheaper.

Although for my part, I would like to see all projects almost mothballed and total emphasis placed on DSO

Sprout

The sells and buys as declared on the LSE(or any other platform) are a best guess.

At the exact time of the transaction recording, the position in the 'spread# is used to GUESS the sell or buy.

It is rarely accurate.

The buys and sell are equal. though not synchronus.

Rio Tino are down 20% in the last month

Newcrest down 18% in the month

It's a sector fall. Not a 5% indicator

Indeed against this backdrop GGP have held their own.

Gold $1765

We live in strange times.

I agree totally with you HH. Many investors both large and small will be selling in the downturn market wide.

The old addage ' cash is king', has never been more appropriate.

But the same savvy people will pile in to any serious RNS. I feel UFO really will soon be such a share.

I look forward to the herd piling in as soon as we get tangeable possitive RNS's

:-)

At some point soon, they will receive 'permission to mine'.

Such a concrete RNS will I feel start the rapid upward movement of SP.

I am sure your Eminance would never swear.

Bamps

The joint committee GGP/NCM, Is Callum still a member of it?