Member Info for cjmorley

I would suggest even greater caution in forcasting SP re-rates..

We are told, and I think reasonably to expect JV news this month 'August'

Today is the 13 August.. 18 days left.

I also caution against the Lithium JV assay results

The current SP does not include any value attached to this venture, albeit it has great potential.

BUT..... I f the result is anything less than magical, expect a drop . Too much hype at the moment

As I have said many, many times '''' PATIENCE""

C Archer is hired bt UFO to handle PR.

He does write highly factual reports, but as always DYOR

@livestock

That really is the ultimate de-ramping even for you.

Kam see point 5 in the email

"phillip, thank you for your email and good questions.

1 we are working on securing a joint venture partner for han**** who will provide the necessary funding to get the project to decision to mine/mining state. while we have three interested parties – we are advanced in legal documentation on one – we expect that this transaction will close – subject to shareholder approval by the end of this month.

2 there are some heritage clearances to be completed – funding will assist in accelerating these – and our stakeholders in the region are keen to see this project move to production.

3 we recently completed an ethnographic survey of the whole area – not withstanding jv discussions the project is still moving forward.

4 our recent capital raise will allow us to move forward on the pinderi hills project – with focus on silver and platinum.

5 the statement in the rns on further funding is a requirement of the nomad/uk regulators – unfortunately unavoidable.

6 convertible note – in total on notes 1 & 2 we have drawn pounds ~450k. we have not drawn tranche 2 or 3. no repayments have been made.

your frustration is understandable – the company has previously been optimistic in speed of execution – the assets however have value – and we have engaged some capable people who should assist in delivering their value to shareholders.

regards

guy

"No offence intended"

You just called Tango a lier.!!!

Tango

They are derampers and trolls

Don't feed them

Green box you are impossible to hold debate with

I am on record saying that the information was sufficient to form an update RNS.

An email was recieved by a LSE poster from a director of UFO

Do you believe that such a reply was infact recieved?

Answer my question.

Pebsi

Are you seriously questioning the provenance of the email?

Hadock and Dipp

Are you engaging in a subtle adhominem exercise?

Or, just stroking one anothers ego

@tradedesk

Pebsi is troll. He has never made anything other than unsubstantiated negative bluster.

DON'T FEED IT.

Yayay

Nothing is as bad as "thankyou for sharing that with me" Arrhhh

A screen shot of the actual email has been posted on Telegram .

I agree caution is still required, but the authenticty of the document is is pretty much assured.

" we have three interested parties – we are advanced in legal documentation on one –"

In normal business agreements, the lawyers only become involved after the two parties have agreed 'heads of agreement'.

Not so much a negotiation as a write up of agreed detail.

I know I am always very positive :-)

But this really is a solid statemenrt of progress.

We are now over 200 million shares traded with an hour still to go.

I would expect the London exchange to require UFO to issue an RNS clarifying why the volume is suddenly so high.

Such clarification can be "they don't know why"

Siwy

Go down the the start of this thread. Tango posted earlier

Could the Email have been released a day early?

Perhaps a Thursday RNS is about to follow??

Volume >105 million

We seem to be off to the races?

Amen to that Norm