Member Info for Gurkhainvestor

We know the stuff is down there - CH has proved that but now is the time he either comes up with a clear coherent plan and actual delivery on at least one tangible or gets a JV in - the non ops was positioned as a way to bring paradox into production not pay him a $500k year salary!

Tuff because that would be a market cap of £550m - I mean that would be great but how do you come to such a conclusion?

Xviolet- the and what ? Look at COPL and HE1.

TKIA you said that about oil / gas co's ECHO ENERGY and ZEPHYR and they haven't done so well. On mining co's you promoted PALM and UFO and they haven't done so well. Is it not possible that PXEN will do a ZEPHYR and do a huge placing and that is what is pulling on the reigns here?

Maybe because he wasn't included in the share incentives, Max do you know if he was?

If it really is a 20 bagger why has Rolf who took £196k in remuneration in 2022 only invested £6k from a fund raise of £200k. The new appointees investing £20k ish each is hardly all in. Since the fiasco under Rolf's leadership of Pierlo and BRITNRG he has earned hundreds of thousands of pounds funded from CLNs and equity raises and now with the new leadership where do you think the new additional salaries will come from during the next 1,2 or 3 years until they can get a return on an investment? IMODYOR and wait.

Great thanks

Hi Max from RNSs are we awaiting the 11 Diamond Core drill assays results, I see one for 13 but not 11?

Moon if you see no future for UFO you should sell up and invest in another share that you think will make you money. I've been emotive in my dissatisfaction with the UFO leadership and recent decisions but I believe that will resolve itself in time and have always believed in the assets. You don't believe in the leadership or the assets so you remaining invested in UFO is a deluded decision. You will feel better if you sell and invest in a company you believe in.

I'll ask again - Moon are you invested in UFO anymore?

Your constant negativity comes across as bitter as though you have had to sell out all or in part at a loss?

Would it would satisfy you if UFO was to fail?

Moon are actually invested anymore? Your constant negativity comes across as bitter as though you have had to sell out all or in part at a loss? Would it would satisfy you if UFO was to fail? Your doom about global socio economic and political futures - no one knows and in your scenarios the contrarian argument would see in those circumstance an increase in demand for our assets.

Wow Chris you are such a mystic! why are you plaguing this board with your nonsense when you could use your market vision and powers or predictability to make a fortune - if you are posting negatively here you clearly are clueless.

Pointless post moon - how are they gong to move the project forward without paying for contractors, as much as I disliked the placing price this is what that money is for.

Dickie, I've only posted recently as I was and am incensed at the way Troy has gone about things the placement price and the share award and options price. Having said that bar a couple of naysayers most here are positive about the assets and frustrated at lack of leadership and silence from Troy. He needs to step up and do an interview and tell shareholders what is happening. Although I fail to see how he could ever justify driving the share price down - the share price is where it is because of his and his fellow directors decisions and nothing to do with what is written on here.

Yes Smiler - Troy I am sorry to say is our Liz Truss - he cannot even get the dates on his LinkedIn correct, he has himself being at Strandline until Jan 2023 and with Alien since November 2022 - does that strike you as he being someone with the necessary attention to detail to bring a mine online?

I am not worried about the NTA that will be be approved in-spite of whatever steps Troy has clearly missed in process

I am not worried about the DSO project margins - they are good and pre date Troy

I think Rod left because he couldn't work with the incompetent leadership team around him

Upshot - get Troy out and bring in an experienced CEO with a proven track record of bringing a DSO mine into production.

4779 you seem to know what you are talking about. So do you think the non exec has done a good job in looking after shareholder interests when overseeing the placing, option and performance share prices? Should he not have influenced Troy to face the shareholders via an interview by now to explain what is going on? I think you are saying that Troy was wrong footed by the landowners whilst in IOCA and yet is now CEO of the group, good decision by fellow board members?Troy is learning to be a CEO at shareholder expense, showing no leadership? Interested in your opinion as to if you think Troy has been over promoted? The share price seems to think so.

Max, we all hope and expect the share price to go up from here, but from before Troys decisions of the past few weeks genuinely investors face the next RNS with trepidation - it is unfathomable that he hasn't done an interview since becoming CEO and just reinforces concerns that he is out of his depth - been over promoted and is floundering. New leadership is needed!

And therein lies the problem Dickie - if you could honestly say anything positive about Troy and the BOD you would.

Dickie - I said we have great assets I am rarely moved to post negatively about a BOD but my question to you is what can you say positive about this BOD - one thing? I don't think there is any one thing and if not the whole BOD then I believe Troy should go and as this is an investors board maybe some share the same thoughts and will be moved to action to get the change we need to get shareholder value before everything is ruined - I remain invested as I topped up with the DSO story and where as before I was hoping for real returns, now with this shambolic BOD I will be happy to get my money back.