Member Info for cjmorley

Mining lease application

https://geodocs.dmirs.wa.gov.au/Web/documentlist/8/ML_NUM/M47%2F1633

@myipa

"so i guess it's the funding partner news that we are waiting for -"

No... We await the permission to mine from DMIRS. It should be granted very soon.

From that many things will follow . Not least a funding partner and start of road building etc.

OK. Wents

That is perfectly legitimate view.

I disagree but so what?

Real investors don't divulge their shareholdings or how many they are buying, they just do it.

I agree. That's why you don't know my holding.

Nervouse PI's are influenced by negativity on here. Look at the share sales recently. They are predominently many small value trades.

As Buffet observed 'The market is a voting machine. Not a weighing machine'.

Yayay

We are in the same boat agewise :-(

You chose to use "MOST "

One hell of an asumption on your part?

Of course it was my opinion.

Do you think you are the only one entitled to an opinion

Idiot

@uncljim

"I think most people would take 0.6p or above."

I shall correct this.. ..I think SOME people would take 0.6p or above.

The main investors would not. Neither would LTH's who see the value of UFO.

It would require a shareholder vote. And fail.

A hostile bid would follow, but that may pull in counter offers.

@Huldiii

There are a number of very small trades in the last couple of days. The SP has responded by drifting down.

Some of that negativity will be caused by comments on here.

The fundamentals are very solid. DMIRS permission is a matter of process. That will come any day.

As Warren Buffet said “Be fearful when others are greedy and greedy when others are fearful”

If "Markets know something " as you assert.

Then the volume and trade size would be much much much higher than recently.

Cheer up Mr Sip

Once the DMIRS permission arrives, this will be the happiest place in town.

With a big bonus...... Chris2 will melt away into the ether

No they are not comparable.

But Chris2 reliably told us that AA are "in trouble" only the other day.

It seems a subsidiary is doing rather well??

I still feel that approval will come sooner than AV has predicted.

For all the right reasons, he is being very conservative here. :-)

Dip

I wasn't suggesting that the broker note was to be seen as accurate.

Simply that Max was quoting the source of the figure complete with links. Not plucking a figure out of the air.

Myavian :-

"And then you have Max111 and his army of ridiculous clowns shouting ‘fair value of 2,7p’ a"

Before you two get too carried away

The 2.7p fair value was/is a reputable broker, WHIrland's figure.

It is fair to say that none of us know when DMIRS will give permission to mine.

Neither does Aldwyn V.. He will not be given off the record updates from DMIRS.

The target completion shedule for DMIRS suggests that permission could arrive literally any day now.

We all accept that UFO has over promissed on progress dates for the last couple of years. This has forced the BOD to become very, very conservative in it's time forcasts. And, I don't blame them.

We may well be pleasantly surprised quite soon. :-)

No yayay he said first ore to port Dec 2024

You must watch video. https://www.youtube.com/watch?v=dlKh0uZCBXs

Alien having over promissed on time frames frequently over the past couple of years to my mind have, quite rightly

become conservative.

AV's projection of permission in June seems ultra safe given the DMIRS history..

I remain convinced that permission is much closer...... March/ April

How about a Thursday RNS :-)

From mid October 2020 o late Oct 2020 the price spiked to 2.42p

By the 6 Novembe 2020 it had fallen back to 1.38p

Anyone who has bought before or after this short period will make a profit at a ten bag

Todays price .17p times ten = 1.7p

"nothing in the interview the market didnt know"

It would against AIM rules to say anything before an RNS,

So of course it didn't say anything new. Just clarified some points