We would love to hear your thoughts about our site and services, please take our survey here.
Gold ATH, silvers on a rally, but UFO getting left behind - GL all. No choice but to stay in now. Have faith :D
Yeah bit of doom and gloom now, clutching at straws with the promises for July (from Alwyn) HOWEVER, if Silver does happen to rally to 30+ I say lets ride the f*** out of that with EH, get back up to 1p And then us old timers (not AGE) can at least claw back some of the paper loss. I think this is may new pathetic strategy while clinging onto the mining permissions.
Haha but then again when/IF that does land, my mentality may change and get all giddy with excitement ... :/
@5x5
''Don't think we will go bust, just Bennelong will own most of it eventually.''
Thats means this 'Richard Sheisman' character, who's names keeps getting chucked about on here (And ADFVN) would do very well out of us, and he is the Bennelong guy, so makes sense for him to guide us into this direction of them owning alot of us.... There are a few bitter posters on ADFVN sounds like it may play into his hands after all. Who knows. Very interesting.
Goodluck all, been here a long time so would love to see this come good for all of us Pi's :)
Posters were under the impression after the Native title agreement that thr SP will shoot upon as this is an essential milestone in becoming a producer. And it had no effect if it did that has been wiped out by a declining SP.
So saying the SP will go up after the new license is also a fantasist conclusion. albeit a positive milestone though :D
GL all. We need some. :)
''The “performance payment” is a sneaky clause stated in the circa June 2022 rns and alluded to in recent RNS. It was agreed as part of the deal with Richard shesiman company when we had no ceo to negotiate a good deal. No wonder our legal counsel non exec director resigned recently.
Basically it says if a list of criteria are met then ufo will owe slimy rich company 50 percent of the valuation uplift of the project. One of the clauses is “decision to mine “.
So as soon as they have done all the work and a decision to mine is met then the valuation at that point is split in two and that money is owed to slimey rich. Considering where the share price is if we made a decision to mine tomorrow the company is worth nothing as the money owed would likely be worth more than the whole company. No wonder all fhe board have resigned and a new Richard friendly board has been placed in. The new chairman gets shares for paying and negotiating this payment. Couldn’t make it up.
Basically the whole company is a shadow director company for slimy rich who has de facto control of all. He is not a trust worthy character. He will win, will ufo shareholders get anything, I doubt it.''
---------------------------------------------------------------------------------------------------------------------------------------
Is anybody here aware of Richard Shesiman character ? Or can allude to any of this information regarding the post by - Havinthelasttoast
has no one picked up on this paragraph yet? seem like a slight spanner in the works if there is a problem that honest get resolved. maybe thats part a reason for the ceos departure ??
''the company is cooperating with dmirs on investigations about historical (2021) breaches of regulations regarding heritage and ground disturbance on the han**** project tenements. the company is confident that these breaches, which were self-reported by the company in 2023, will be addressed without significant impacts on the project development planning.''
Interesting to see Power Metals (where Bill broadie good went after UFO) offshoot company Golden Metal Resources (GMET) climbing high. Not sure if Bill is involved with them specifically but they also had a ''Bonanza'' RNS recently
That's what most said about the Native Title - a game changer, without this we can't mine, its' CRUCIAL! And I fell into that camp of, yeah once this arrives its game on and the SP will re-rate. As it's been soooo long over-due. And the truth is it has had no impact of SP.
So will the DMIRS permission allude to anything positive SP-wise? I dont know. I assume the FID is really where game changer lies as that stipulates a the actual financial framework for production. Clearly I'm green fingered on this. It seems immensely fragile but that only gives for a rollercoaster ride. Goodluck all, I think we need it now... :)
As someone said before with
new executive management team
comes share incentives/options.
and that will only ever effect us investors SP-wise. So I do expect a drop when that occurs. Not so sure about the placement though.
Why's that, are you Jimmy Carr? :D
Is it poss that Troy was working on DFS and has left UFO with it half finished ???
Best time to buy is when stocks are out of favour and nobody wants them. Long as ALient do not go under I think now is a great tome to buy. So cheap. Not sure a placement is that near to be honest. I would say however like a few on here the past losses of CEOS is deffo red flag... But who has the Bulls to grab some shares now?? ill ad a small amount today. its only money... :D
We were told about results before xmas can't remember what now. They haven't transpired... maybe its baaad news on that front
Really was expecting a 25%+ today, like most here very much an optimist with all things concerned alien. It must be the impending placement for next years Q1/Q2? Therefore supressing the SP, what's pols thoughts on that? I do however think the heights of 1p-2p will be next years xmas prezzie when production is close enough to taste! GL all :)
Perth is 8hrs ahead so they will start the meeting tonight 1:30AM our time. Id like to think that 2 draft RNS's have already been written up. Surely they can submit the RNS to AIM ready for tomorrow morning ? Its just a punt, not sure what the procedure is for RNS submitting....
Just gotta find that 30mill to get wheels in motion...assuming this will be the DFS or FID ? Assuming tht Anglo American LOI is still in the offing? Or add someone mentioned before a neighbouring company to JV. What do people prefer. A JV or Lone wolf ?
I flooked a flat deposit in 2020, what a week that was.... 500%
From Troys IV he mentions Vietnam, Malaysia, Thailand as possible tenders for UFO, SO even though china are the daddies in the market, hopefully there are other options regardless of china's appetite. I think some small companies would enjoy working with a smaller company. i.e Quicker response (dare I say)
Seem you were correct, they followed through the next day
cheers
So this paragraph from RNS can you explain? Is this 1st and then the DMIRD have to also grant a license ? are they another hoop to jump through before we have permission to mine ? cheers in advance.
''The finalisation of the HPAs reflects the constructive relationship Alien has developed with KNAC as the registered representative body for Nyiyaparli Native title Holders as it continues negotiations on a separate mining agreement providing for common law holders' consent to the grant of mining tenure and operations. which is due to be considered by the end of 2023.''