Member Info for Damodubya

£3 a share.

Lolz

... it's just occured to me how silly these boards are.

I enjoy reading peoples analysis of each companies general commercial health, their calculations of value, expectations and opinions on the companies development, assessment and impact of its decisions - after the fact. It's like listening to blokes at the bar talking about the days footy results.

I think that some people take conversation on these boards way too personally... I'm alright with some level of community policing as I believe that no one should be marginalised or discriminated against and when driven by hate it needs to be addressed.

Catching people out is like a sport here. Checking people's posting history. Calling bull**** on their predictions. All good banter... The reality is, I just want to make some money... I think non of these hijinks has any effect on the performance of the SP and my potential winnings but it is entertaining reading through these posts.

Setting up a separate company to expedite DSO delivery seems like a positive move, it takes the mining responsibility and focus off of Alien itself and allows the business to assess its options and the management team responsible on their ability to deliver while simultaneously guiding Aliens priorities as the mining team advance their project and require additional data or support and hoc.

I feel happy that there's more interest in UFO now that we have broadcast that we've found silver in a silver mine...

... We've now got silver at surface and a team underground looking to get the mine back to being in a condition to dig it out once, they clear the water and check their maps.

All in, underwater, hopeful, not stupid, not bothered. Holding.

https://www.youtube.com/watch?v=-jr8LY8CceI

....ahhhh!

Apologies, I've got your point.

Using 10p as a literal milestone of cashing in irrespective of any other factors would not seem sensible if it were 'clear' that company performance and news flow is positive and would presumably increase the sp beyond the 10p mark.

I personally would look at impending news irrespective of my publicly broadcast targets. I think it's amusing seeing people getting slated for their opinion or position or decision making and getting called out. I've set 10p as a realistic target of where i believe the sp could go and it would provide enough profit for me to never regret pulling out early, as would the 7p mark or anywhere in between.

I can say one thing for certain, I'd never use charting to dictate any decision i make with my investments. I feel its like reading a horoscope for guidance on relationship issues.

Just out of interest what type of science pays your bills?

@smiller

I too am a scientist, only by virtue of the enjoyment I get trying to understand the workings of the world, I'm not qualified or an expert in any field but definitely live my life by scientific principles ...

The point I was making about decimalisation, I get that you use the system in work and probably day to day....BUT....

....I'm onboard with the decimal system but the minute I try and buy timber from a supplier its a 4 x 2 etc, the subject of height and weight, I decided a number of years ago I'd only use kg and cm's but it seems everyone else is using stones and feet... while on the subject of height, and maybe other residents of the UK may testify, its completely random whether bridges are sign posted in Feet and inches, Metres or a combination of both.

My possible exit is based on an equation. When the sp hits 10p I get 10 times my investment if my purchase was 1p. The issue exits based on progress and achievement is that it relies on a list of criteria that may or may not directly change sentiment and a positive change in SP that would result in a better profit margin on your initial investment.

The reality of the situation, for me at least, is that I don't care how Bill gets me my 10p to a certain extent. If my shares were worth 10p because he started selling solar powered toasters on street corners then so be it.

@smiller

I too enjoy the 'human aspect', it facinates me that we all have these interesting quirks that we've all got, that we only have because of our ability (as a species) to think beyond what we as a species have defined as basic functions to satisfy all animals need to stay alive.

10 is a good number and makes sense here because of the current SP but you are right in that the figure is convenient, stating you're in till 9.87 or 10.31 would feel a little silly and in my opinion would make me ask why that particular number!?

I would assume that it would be a number that would result in that person's holding becoming a round number also...

...I want 2.35 so that my holdings would be worth 100,000...

You can't win. Particularly because you would only use 10 as a round number as a result of decimalisation, remove that factor and 12 becomes an equally valid milestone.

While I'm at it.... I'm British, can we all agree to just move to and use the decimal system rather than painfully holding onto imperial.

It's just annoying.

I initially bought sub 1p in 2020 then got too excited during the spike and bought more on the rise destroying my initial 'bargain' price entry.

Hindsight, it was foolish of me but I'm no trader / life long investor and enjoyed the experience and lesson when the price flopped despite being heavily underwater - pretty much where I have been for some time.

I've then traded a number of times and increased my holding when possible after coming to the conclusion that the business was a good a risk as any other.

I've continued to purchase over the last year dropping my average in the process.

I've stopped aquiring and I'm heavily commitment to UFO based on nothing but my perception that the business has the potential to make good money.

My target is ever changing but I'm off the opinion that I'm leaving my money here till 10p and think that it's achievable again based on nothing but my opinion... Though I can't rule out hitting 7p and deciding to take my money and run.

If I lost it all then so be it.

The EH RNS is encouraging, I've already accepted that l could lose all my money and there's a little while to go before we hit double figures..

Sh*t deep in UFO, holding, not bothered,

10p+ here we come...I bought at 066

@Turbo... I've worked hard sometimes too, the type of hard work that gets you beyond blisters because your hitting/turning/pushing/pulling something with something again and again. Throwing stuff in the back of a lorry for 12 hours a day on minimum wage was pretty hard. As was doing data entry, admin and error checking compliance documents essential for that weeks invoicing.

I've worked and continue to work very hard on learning how to not work hard, still learning.

No disrespect to you, I don't know what you do, Its not my business anyway, nor do I believe is it relevant. I could list multiple scenarios of people's position, work ethic, experience, business idea etc that could be used as a ticket to validate their opinion on basically anything...

I'm 'investing' in UFO to make money and it's nothing more than a gamble I feel OK about taking. I'm waiting for something to happen... Either I make money, lose all my money or decide to pull out and cut my losses because of X Y Z... If someone makes a comment/argument that makes me change my position I'm out of here.

So, what I'd like to know specifically from you Turbo is;

1) With reference to your position and experience why did you buy 12 million shares in a company with no clear published plan of action to deliver a defined set program of works over the short, medium and long term that will ultimately deliver 'value to share holders'?

2) As you are now without a vested interest in the business and are actively posting I assume you still consider the business to be worth your time. So what exactly do you want to happen with the business that would make you retake your previous position?

... I'm wondering if something you may say will make me reconsider my gamble and sell up.

I still do not see an issue with the 'spinning plates'. With the apparent delays in developing a single site or resource is it not prudent to then shift focus on other projects to maintain a level of operational efficiency?

I don't work in upper management for an extremely profitable privately owned company like Turbo so I don't know if I'm qualified to even comment. What it sounds like is being described is a business plan.

@Turbo... Have you enquired directly with the business to see if they'll share/publish their current business plan?

I'm off a similar opinion to Normbeef.

Diversity with or without an established income is prudent.

If we only focused on iron ore and it tanked there would be uproar over the approach we took. Progressing each possible revenue stream is an insurance policy against unforseen and unpredictable changes in any market.

The market doesn't understand?

We are the market and I agree... I don't understand.

All I know is that generally demand for something pushes up prices and lowers when saturated by sellers. If you have the ability to control the market then this can be influenced...

... I've bought and hold UFO shares because I expect that they'll be worth more than I paid at some point.

I think I've been honest and open on here and other share chat boards I've posted on about my feelings, experience, expectations, understanding and hopes on my 'investments' and also commented on the amount of complete nonsense, belligerent and sometimes simply hateful comments that people post for any number of reasons but always because they feel it's worth their time to type out and have their opinion be heard.

The point I want to make, if you get to here without falling asleep during my lecture, is that I've said before and I'll say again... It's all just a gamble. Irrespective of how solid you feel this or any other company is, opinion is just opinion - argue all you want. It seems pointless to me.

I wish everyone good luck, hope UFO will become attractive to others and therefore increase the SP so I can sell and make money. I'm confident. Not worried. Holding. Just happy I'm still here.

4p by December 2022... My crystal ball said so.

...and before someone points out that I've only mentioned Chris2 and Max and I'm some sort of plant for UFO... Also, get a grip.

It's like every board has to have resident character. Balance. Blah blah blah...

Calculate the expected value of the company using MATHS. Post links and related information about the company available on the internet. Air your opinions on the route the business takes and decisions the BOD makes...

I'm all for free speech but I actually don't understand why anyone would bother to commit to, with such conviction and determination to dissuade others of taking such a course of action with their own money.

I didn't, still don't, want to be an Anti-Chris2 club member but I don't get it...

...I'm not into mining stocks, I'm not into high risk - high reward, I'm not experienced in trading, I don't do charts - in fact I think charts are ridiculous, I've a very basic understanding of the stock market and it's pitfalls and nuances.

I've made money, I've lost money, I've realised that I don't have a clue what I'm doing...

... Get this...

I don't care. I know a little about metals, I know a little about renewables, I know that it's a gamble.

I'm deep here. I'm underwater. I'm holding. I'm bored of what I think are adults posting here their petty nonsense, belligerent comments and opinions to make themselves feel important because you get a reply and stoke a fire.

You're boring. So am I. At least I recognise I am.

#yawn

These boards are here for a reason, they are popular, everyone likes the ability to have an opinion on something and have it etched into their idea of history.

I've pulled people on their political views, opinions, unsupported facts, ignorance, etc,.... I've been pulled by others on the same.

I've 'ramped', 'deramped', everything in-between....

Get a grip people!

I've bought shares in UFO, I did it for no reason but to make money. I'm OK with my losses. I expect to make 6 times my investment based on nothing but my opinion and desire.

Chris2... I don't care what you post here, you said a while back to check your posts to prove you weren't lying etc ... I did... You're full of it. Check your own posts for chronological errors.

I don't care if Max is Bill... He posts links. Half decent information. Crack on.

There is lots of people that are quite frankly boring. Grow up.

#bored

2021 or 2022?

...further to Mr V's comments, while we are now discussing the UK's domestic energy supply crisis, I'm gonna give my opinion...

Irrespective of what route the UK takes I don't believe that hydrogen is suitable for domestic energy supply. The bar majority of hydrogen production at this moment requires gas (fossil fuels) to produce. The infrastructure requires 'air tight' upgrades for hydrogen distribution as mentioned. Yes, current boilers are either already hydrogen ready or require minor tweaks by manufacturers to be hydrogen ready. I don't feel as if these issues combined deliver a real solution to the problems we (the UK and the rest of Earth) face moving forward.

I do not disagree about the issues with Electric based heating and the problems the current UK housing stock has accommodating current tech. Saying that, I believe that the reality is we need to move to electric for home heating for any meaningful progress to be made for environmental sustainability and energy stability for future generations.

Mr V may be not far off saying add £10k (on average) as a cost for upgrading properties with new underfloor heating and insulation to be heat pump ready... but again the fact is, heat pump or not, hydrogen boiler or not... You should be doing these things anyway as they're effective for any fuel type, property type, heating pattern and lifestyle choice.

All in reading in Mr V's post is exactly what I see it in the real world...

You need to upgrade your home to ensure it's effective at retaining heat efficiently... I doesn't matter the heating source... If your home insulation requires upgrading do that first otherwise no matter what heating source you install it will be inefficient.

Stop looking for quick wins in the wrong places.

The future is electric. Solar PV, Solar Thermal, Heat Pumps, Wind.

That said, back to Alien... It feels like people are getting frustrated at the lack of progress, we are going backwards. It also feels that some people are more focused on what would be considered a 'quick win' to prove the company is going somewhere.

I'm OK with the situation. I understand the frustration. I'm not worried though. I don't feel like any recent decision is one I may have not taken myself had I been in the driving seat.

Disappointed a little, but not worried. Holding firm.

Didn't the recent purchase include 4 valid mining permits effectively giving us the ability to jump in straight away if necessary?

What areas/potential commodities do these permits cover?

I think that if the licensing is in hand, then the work is sub-contracted out and a deal is in place for the sale then we could move very quick to monetising our claim.

Why not?

I'm not disagreeing with you smiller.

The risk/reward here comes with the gamble that Alien find something special and work it up quick enough to JV or such and make money before cash runs out.

I'm comfortable with the direction we are going but also very conscious of the fact we have no income.

Like I've said in the past, this is a gamble and I'm unsure about the current decisions, but I'm in and I'm not at the point of wanting to pull my money through fear.

Dilution is always painful but I hope that the speed of the raise being completed is a sign of wiser people's knowledge in a good investment.

· IOCA has engaged a boutique environmental company, Green Values Australia, to commence and complete necessary statutory permitting to convert the Exploration Licence to a Mining Lease for the Han**** tenement. - START MINING?

· Commencement of discussions with interested parties in Iron Ore for possible offtake agreements - START SELLING?

· Company engagement with the contract mining sector for drill, blast, crush and screen activities and with the contract haulage and logistics sector - START PROCESSING?

Are these not the 3 steps required to turn rock and dirt into £££'s?

Is the mining company spin-off not Aliens commitment to generating income?