RE: Ujo23 Oct 2021 17:41
Have been invested for well over 3 years actually.
Circa 50% down thanks to the efforts of the bod failure to get things going when expected, a consolidation that has not had the desired effect, etc.
And UJO are not producing anywhere near predictions made in the last 2-3 years from their portfolio of assets, no matter what they may be producing now.
At least 2-3 years behind schedule getting assets producing, 3 (4) leaked placings along the way. and no perceivable action to plug the leak, the source of which must be known by now with so many opportunities to uncover.
And a silent bod who release the bare minimum to keep investors updated and keep things deliberately vague when they do.
But, it is just easier to call anyone with a negative opinion on certain matters a non-investor, a shorter, or trying to get a cheaper price than accept that not all is good.
Same on every other board here.
You know it is possible to positive overall in an investment, see the possibilities, BUT also have negative opinions on points of operations.
I have accepted that it will take at least another 2-3 years to recover any paper losses here, when I fully expected to be well in the money some 2 years ago.
The constant point scoring and attempts to discredit anyone seen to be on 'the other side' of the fence does no one any credit here, everyone is either ultra pro-UJO and won't have a bad word said, or ultra-anti, and won't admit to anything positive here.
No middle ground exists, or any truly rational overview of the pros/cons, apparently