Member Info for funkinmonks

Deal with Anglo American**

Its funny cos I live in such a bubble, I made money on the rise in 2020, but bought back in and convinced myself they will actually transform into a producer, having had to average down and therefore in the red. So I know there are hundreds of small AIM companies al doing the same thing and despite the news and positive sentiment, im not really sure it will come of anything. But if they atleast get a deal with GGP on the iron but don't follow through, then I expect anuvva nice exponential rise in SP. then ill sell again. Is that the best strategy ?

Irony being most cant sell up on news, unless we get a 300%RISE cos a lot were caught at the 2.4p - I myself averaging now just under a penny, although feel left out when some speak of 1million shares, im just shy of that club :(

good luck all!!! :)

What are the chances UFO does a GGP IF Anglo sign ? 10p

Why not sell all his shares? That's what is also interesting about it

How soon before news can they buy/sell ???

i, like most on here are very much look forward to that sirius update as it is the bulk of the maiden inferred resource of han****. sure we will see a nice eop 20% rise.

however can anyone remember what the latest with cash fund are? im under the impression we haven't had a raise for a little while :s. and i think maybe they will pair to two close to each other. thoughts?

I don't understand why they didn't go with Sirius 1st with the infill drilling as that held the majority of the Inferred Resource at 7.8mt, instead we get upgrade of ridges C & E with 1.7mt to the indicated.

perhaps Sirius is to come very soon, be good to get that 7.8mt into the 'Indicated' then it would be slightly more attractive.

I thought his 1st test to prove himself was

-Project Procurement process finalised
-Firm pricing & contracts locked in

detailed on the Presentation March 2023

that's mental, I made a 10x which enabled a flat purchase. that was how I valued the 2020 spike. I cannot believe you did not consider selling at 40x ... How often do traders make that return. Even if you hold out for dividends in the future as an investment choice. You still have the risk of it never happening. Each to their own. I bought again at 1p so down but holding out for another 10x. think ill sell at 5-8p (if all goes to 'plan')

anyone thinking a merger deal to be announced when they resume ASX ?

all the more reason to get these on course, you never know. They may leap frog if the area is less complex to process.

max may be superhuman

I guess its a new chapter for UFO, new crew, therefore they like to have their stamp on things would be my guess.

well the new funky site has caused a buying spree up 3% wooohooo -

I topped up £333 xD

anyone know how to/or even does Investing.com give you tools to find moving averages ?

what happened to the gold in Oman. New here... cheers

Has anyone thought to have also get in contact with KNAC themselves regarding a pending Alien Native Title Permit/application ?

Maybe they'll be more responsive...

Having said that their SP tanked before this LOI - because they had to slow down production due to market conditions. That would hammer us if the same decision was made.

it would be nice to get that inferred resource across to indicated and onto measured and also expanded to <10million pa

so we can get more offer like this: https://hawsons.com.au/wp-content/uploads/2022/12/Letters-of-Intent.pdf - another Green Iron ore producer in east Australia with LOI.

come on ROD lets get cracking with more deals (I believe a recent RNS stated we have sent some more samples..)