Member Info for Coldjoe

I hope we will hold 0.6 mate but we shall see

9th of Sept they signed 45 exclusivity agreement for a farm in so sometime towards the end of October I reckon, also we should start drilling on Donovan anytime

yep the two placings killed the mood a bit but farm in news should lift us up, great value here if you compare the mcap with alba

so far, seems like everyone went to Alba, strange though UFO seems better value for money. Maybe we will have tough couple of weeks before market digests the placings and then hopefully farm in news!

Will next week be the one we are all waiting for?

Could happen, on the bright side I believe that if we drop under 0.6 this week there will be a big buying pressure

No point arguing if it will go up or down short term, next two weeks will answer that... we don’t have a big mcap considering all the project, we have a lot of news in the pipeline + some cash now, on the other hand there is a big issue of new shares on much lower price (EH acquisition) so even if they won’t sell, market might drag the sp lower anyway...

if they will decide to sell right away this will tank to 0.55 at least, hope they hold

oh found it: The Shares would be deemed to be issued at a price of £0.0014 each

hmm really hope they will have sticky hands coz that's a nice profit ! not a bad deal for them

anyone knows what price will be the new issued shares? I just found this

Under the terms of the Transaction, the Company will be issued 200,000,000 UFO shares and 50,000,000 options (exercisable at GBP0.025 within 18 months from the date of issue)which will be distributed to KMG shareholders via an in-specie distribution)

fair points mate + profit is profit, time will tell if you are right

myavian what is your buy in price mate since you are so negative? the sp has performed very well in the past month, now you have profit taking, placing and now this dilution - of course there wil be some consolidation

maybe market does not like another dilution, farm in news on Donovan should lift us higher

well either way vote is in so one would expect update today since it's price sensitive information

well it's almost 18:00 in the east coast of Australia, meeting is long finished and although they are private company and do not need to disclose the result UFO has to as soon as they know ?

looked exciting around 10am but trades tried up, need news :O

might get interesting today

I think these drops might also be due to profit taking (this company skyrocketed in short period of time) but still offers good value at around 20mil (imo) with many irons in the fire

yep... bought at 0.71 yesterday but at least i got 0.625 today so not complaining

Hmm not a good close in USA, hopefully we won’t have another brutal day tomorrow