The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Cdavies. You seem to be confused regarding the XRF.
ECR have a portable resource, and the lab would be in house.
You cannot use any of the above for official grading in an RNS. You can use it to test samples yourself, although not as accurate, use it to assess whether you are drilling in the right areas and reassess drill direction / angle.
So close to news we know is coming as well. Not a good time to wet the bed!
Can't explain this drop. Do we think it's warrants being exercised?
I think the BoD have learnt their lesson with that last placing Casa.
Thankfully it backfired allowing private investors to get in at the 1.1p pricing level.
About time UFO got some new blood back into it. I know we have had our differences in here, but we all agree 2021 will offer excellent gains from the current SP.
Lots of exciting news to come this year, and as soon as the next update comes, I am sure sentiment will return.
Transfer of wealth will be vital for UFO going forward.
Was expecting more of a breakout today. But did a top up to round up my no. of shares. It will come.
Honestly chaps just filter or ignore him. Otherwise he will keep returning.
In periods of no news like this it doesn't take much for the sentiment to drift from the boards.
There have been some good recaps on the current situation posted here, let's not have them lost in the mix.
Alienchat, did you post that on the wrong board. Sounds fitting for UFO share.
I hold 3 which I believe there are games being played, and 1 with poor management.
ECR is the only one in my hand that looks straight as an arrow. Almost too good to be true, but I'll take it!
*looks at liongold*
I hope it's not them.
Pops, he mentioned being fully funded with the £2m for current projects that included Mexico assets, so I don't think and more money would be required for them. If more was required I would imagine the new finances should cover any unforseen risks.
Iron ore and EH needs to be the focus now to generate quick cash flow.
Being told I am boring by the same person who sits on this board everyday saying it is going to fly.
Nice.
Max, I'd rather not chat to you in general, really. It's like having a conversation with a bollard. It's never a 2 way conversation.
My negativity is short term cynacism. You will know from my posts nothing has changed here fundamentally.
EWT,
Fully agree a placing would have been fine in Q1 next year at 2p after the drilling and proving up of iron ore resources. As speculatory I believe there will need to be one on June /July next year.
I said I wouldn't sell any as well. Until the last placing.
By pumping other boards, you mean promoting the share he invested in. If the information given is factual and correct, its not a pump or ramp.
I never said you need to watch what you say. My post said 'think about what your saying.'
I think he has fell out of love with UFO, that's all. But I'm not him, I can only speculate.
As for you thinking this placing was excellent max, I have already told you 3 times why it was a crap placing. And regardless of how amazing it was, please don't take my word for it, look at the SP.
This is not mind games, no one's hoovering up shares. There's no tree shake, it's just no. of sells out-stripping buys.
87% approx share register is retail. And they are voting with their feet. Not a deramp, just what is happening.
This will become a good share again, but it has further to drop on no news and anyone looking to enter knows it and will wait accordingly.
Think about what your saying napthman.
If he was P&D he would have taken the lot out at 2.5-3p.
Disenfranchised, yes. Angry at the BoD, yes. But P&D. No way.
Shame to see you go mate.
Can't say I blame you. The board has gone the same way as the SP.
As for Chris2, I don't believe his intention it to bash the SP, rather than Max111, or in general, the constant rampers. By attacking UFO that's the best way to get a reaction.
Nothing else is happening over here though I suppose.
TKIA I am hopeful you will return when the sentiment comes back around next Feb/March.
I fear you are not the only one.
0.2's... Those were good days.
Haha why you panicking over warrants, and such low QTY at that. Do you even invest?
The point was made before Chris2 that people will be trading between 1.1-1.5p until major news.
Unfortunately I think today's news got its justice, but what we are seeing is disenfranchised retail investors selling into any positive news when we get a spike.
To be fair we need to chrun here to get more people buying shares at the 1p level, but need much bigger volume.
Max111: "There seemed to have been a lot of impatient investors who went to chase rainbows and bought crap."
Put your hands up, who bought crap shares?
Didn't Max112 say this would fly today?
Plenty of well undervalued shares out there with better upside potentials.
Best idea is to pick shares that, if this share takes off, the one you invested in still have similar multiple SP potentials. That way you haven't really missed anything.
And they are out there, you just need to look for them, research them, and do your due diligence.
Im glad I have diversified; I did over leverage myself in hindsight. (against my own advice)