Member Info for ForrestGump

Not that I'm blowing my own trumpet, but I believe that I guessed 1.4p plus by close of play today!

@SB - I've never owned shares in any one company for more than about a year, so I'm no LTH. I'm learning the game as I go along and still have very much to learn. However, I'll stick with my comment on this one. For UFO to gain shareholders, especially PIs, surely the money will come from other companies? I'm aware that newbies join all the time, but I wouldn't expect them to have a significant impact of the pool of cash sitting in AIM. I won't labour my point as I'm only guessing.

I've said this before. Our likely competitors for PI cash are the likes of GGP, EUA, RBW and others. Check what their share prices are doing today and you will get a picture of why we haven't risen, so far, today. There's a finite pool of cash out there and today's not been UFO's day. That said, there's still plenty of time before the final bell, and who knows, those choosing to top slice our competitors' shares might invest a few quid here?

@EWT. Let's see where we end the day. I have a feeling that we will be well over 1.4p. As they say - Ignore the noise and value the assets!

@DGR. If I'm still invested here when we hit 50p I shall post a comment entitled "From the Sublime to the Ridiculous"
GLA

Pops. I only possess a humble degree in Chemistry, but if that makes make an average Joe, I'll live with it.

TC. My thanks to you. I only wish that I could have remembered the all important tech detail and numbers. Hopefully, someone else can add the meat on the bones!

AMor. Fair enough. But there is nothing Green about the Green New Deal. Metal extraction pollutes the world. Most everything has externalities. Iron, Copper, Silver, Nickel, Lithium, Gold, etc are very much required in the mass production/transmission of electricity and 5G telecommunications.

Topcat. Nothing new was said. It was pretty much a run through of what Paul has said in recent interviews.

. An overview of the projects was provided, stating that as many of the project reports are on the website as practicable, I.e. the company is open and hides nothing.
. Paul, and his wife/family have put their money where his mouth is - I.e. they are invested heavily.
. Paul is a Forensic Accountant by background, so is very risk aware.
. Any day/week/month/year may result in a live changing discovery.

Put like that makes it sound that all we are doing is rainbow chasing, but I hope/think that there's a lot more to POW and Paul than that.
GLA

AMor. Just my opinion but unless graphene or an equivalent results in cheap electrical energy transmission we are going to see multi-million of tons of high-polluting metals mined from the earth. Electricity doesn't flow by magic or does it?

We know that the recent 3p spike was due to a micro-bubble as part of the metals bull run. UFO is likely to see a steady rise in share price from here on end, but don't be surprised if we experience a few more bubbles along the way as the herd piles into all things metal.
GLA

Pops. I'm no anti-vaxa, however, are they all the magic bullets they are being hyped-up to be? I read publications like American Scientist and Scientific American. And one of them published an article about a year back about how mandatory vaccinations for children for Dengue fever in the Philippines resulted in more deaths, not less, and they had to change the new law back. Silver rises on bad news. Hyper-inflation caused by endless money printing will do the job, but don't rule out some bad news from one, or more, of the Covid vaccinations. Stay safe, healthy and prosper.
GLA.

We all trust Paul Johnson. He has energy, enthusiasm and has a proven track record of developing value in companies. What he, and we, need now is a positive result with the Katoro Gold Blyvoor tailings project. That will rubber-stamp all Paul's good work and should bring the herd to our door.

Smartinvestment. Thank you for clarifying. That makes much more sense!

Sounds to me that we are to get multiple joint venture partners. The first covering 40% of total project costs. This partner to agree to take up shares via incorporation. The same arrangement being offered to all future partners. Don't take my word for it as I don't know a fig about company finance. DYOR. GLA.

Precious metals have turned the corner. We are fully funded and ready to roll. Methinks Mr. Market Maker is making one last, desperate effort, for our shares. He ain't having mine.
GLA

Not that it matters, but swap inelastic for elastic.

Uforus. I agree, however there is one difference this time. The Marxist Modern Money brigade hold away in the mass media, civil service and all important financial institutions. They hope to "convince" the peoples of the world that endless inelastic money has value. The dam will likely break when they ultimately fail. Methinks around about June of next year when the "global elite" ramp up the message that we will all be better off without property rights, etc. DYOR.
GLA

Whilst we haven't bet the house on KAT, I think the near-term share price will be made or broken by the Blyvoor tailings project. Paul Johnson's reputation might take a severe beating on more bad news. Let's hope not, for all our sakes. Live long and prosper!

Rykline. Sounds like you are on a winning streak at the moment. Good luck to you!