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It will be brilliant if the results meet or exceed expectations. If they do then my own view is that shareholders should forego a dividend this time around and the company use that dividend cash to pay down the debts which would improve the EBITDA. That will eventually lead to an increase in share price. Each to their own.
Well said Andy and all the best for your rest and recovery. Yes, those teams working at the sharp end of the NHS and any other branch of the care sector in this country deserve a lot more than they are getting now.
Both of us fully support the nurses and paramedics industrial actions even though they may cause an operation Mrs Istie has been waiting for for 15 months to be delayed.
ATB
Istie
Hi napthman
I have gone back and checked the numbers again thinking I had it wrong but the Alien investors site does show 2.88. I do remember it topping 3.00 but that may well have been an intraday price on that day. I can't think of any other sources to check the 3.5+++ as the Alien chart doesn't show the trading range.
Thanks anyway
Istie
Hi myavian
Made a quick check on historical prices and found the following:
1) Silver hit a record high on 1st February 21 at between $28/$29 per oz. (www.dollarfx.org-accessed 12th Dec 2022)
2) UFO share price peaked at 2.88p on 19th Dec 2020. On 1st Feb 2021 the shares closed at 1.32 having started the new year at 1.18. (www.alienmetalsuk-accessed 12th December 2022)
Hope that clears the memories a bit.
Off to feed the horses now.
Istie
Hi Fredy FIB
I have gone through the article you provided a link for, and I can't see any reference by the author, Jeff Clark, predicting $50+ per ounce in 2023. Have I missed it somewhere in the text?
All the best
Istie
Hi Mezzie
Yes, I agree with you that the big players. especially JPM who were fined for offences between 2008 and 2016, were culpable.
Despite this my other point was that pundits have been repeating the mantra that there will be a crunch in the silver market as the big players close out their short positions forcing the price upwards. This type of punditry has been going on for as long as I have been here and yet there has not been any such seismic market shift. Why hasn't this happened? Surely it cannot all be down to the JPM's, Chase and Merrill Lynch's allegedly spoofing the market if indeed they still are six years later?
Whatever. We have some good days ahead here with UFO and have a good weekend.
Found this from Sunshine Profits that counters against the belief that the silver market is being manipulated to maintain an artificially low price.
https://www.sunshineprofits.com/gold-silver/dictionary/size-the-silver-market/
I have been here watching this bulletin board for three to four years and this has been one of the themes, the big boys ie Chase, JP Morgan et al have been keeping the price low. The other theme has been pundits predicting a crisis in the market when these and other players have to settle their periodic contracts which will cause the price to rocket. It hasn't happened and I wonder why? For every seller there is a buyer, and every contract can be offset during its lifetime of a day, a week, a month or whatever period by an equal and opposite contract thus avoiding a huge market crunch on maturity dates.
GLA
Istie
Well said isdeer
Hi johhnny
You may carry the belief that the NHS pressure did not happen during COVID but at the moment that is all it is, a belief and an unsubstantiated one at that. Let me put this to you. If there was no pressure could you please explain why in the case of my wife she has been waiting for an operation for over a year now and when the explanation we get from the hospital is that because of COVID. They are still working to clear a backlog of procedures which were either cancelled or deferred dealing with cancer patients first. Our circumstances to our neighbours and friends is a statistic but to us a tragedy. At least I have been able to reply to your, so far, ad hominem claim. Where are your numbers?
PS You made a claim about press freedom in this country being worse than in Russia. I provided data to dispute that claim but in the interests of fairness in this I did ask that you substantiate your claim. To date there has not been any response on this issue from you.
Thank you for your time as always
Istie
Hi Johnny
Just out of interest which country do you live in?
My reason for asking is that you said in your post earlier today that the "Russian press is freer than hours". The latest press freedom index prepared by Reporters Without Borders (RSF) has ranked 180 countries according to their levels of press freedom. Norway is first and North Korea 180th. Russia is in 150th place and Britain, presumably where you live, is in 23rd.
Which source did you use for the basis of your statement quoted above? Would love to know if there is an alternative to RSF.
Thank you for your time
Istie
This is good news for EDR shareholders and those with money in any other of the fracking companies.
The only thing I can think of that could cause delays is if anti fracking pressure groups take the Government to court to try to get a decision to either delay production or at worst case scenario, force another ban. Both on the grounds of awaiting further evidence that the process is not detrimental regardless of energy security issues. For the sake of the industry and us shareholders I just hope the Government have got their side legally sewn up and absolutely watertight. They are excellent at making grandstand statements and gestures that take the headlines but look at what has happened to the plans for flights to Rwanda? I have checked a few news sites and it still doesn't look like any have taken off.
Hopefully another blue day tomorrow.
On the beach at Hove yesterday and a magic lantern got washed up. I recsued it from the surface and rubbed it dry. As I did so a genie appeared. He was very grateful for being rescued and granted me one wish. I said I wanted to live for ever. The genie told me that was not possible so he asked me for another.
"I would like to live until my shares in Rambler are worth £1 each."
"You devious ba5tard. You can have your first wish."
Munni, Munni, Munni
Must be funny
In the Alien's world
Munni, Munni, Munni
Always sunny
In an iron ore world
Rrrrr nnnn ssss
All the news could come soon
If we had an RNS in an iron ore world.
I do need to get a life so off to the beach for the day.
Have a good weekend Aliens.
Good morning Aliens
Islandgirl and Ohmni Are you sure you loaded the correct links in your posts last night at 22223 and this morning at 0357? When I follow them all I get is music.
Exciting days ahead for all of us.
Istie
IG shows a drop of 2.35% from open 34p down to 33.20p. LSE shows roughly same drop but a % drop of 12%?
Discussions on both of these subjects on bulletin boards and social media can get heated quicker than a thermonuclear .
device being ignited. So, can they be a "no no" subject except if they do have any impact on the future of this company and its share price?
Thanks and have a great weekend everyone.
Hi smiller
Re listing on AUSX
We have been here before on this issue.
TOP LEVEL SUMMARY
It would cost money to get this listing and would involve establishing a corporate infrastructure in Australia to comply with listing regulations (more cost) which would be a distraction to what UFO is trying to achieve and will achieve. Money that could be better spent/invested in proving up resources.
Please find below my posting from 28th September 2021.
Initial assumption for the following is that UFO has a £ mkt cap of £27m converted £0.5316/AUS$1 gives Australian value of AUSD$51m.
The initial fee for listing is AUS$120,755 (£64k)for a company with capital greater than $50m plus an annual fee of $27,222.(£14k).
In addition to those fees the company would have to pay a team of lawyers and accountants to comply with regulatory requirements which I have no knowledge of but I do know they are not cheap.
What would the benefit to UFO be in seeking such a listing? Would it add true value to the company or just create a froth of speculation?
My own view on the issue of whether to list there or not based on the above is that this money would be better invested in commercially verifying and up-scaling to a commercial value the prospects this company has in its own portfolio rather than spent along with money on PR. It may not do any harm but what good would it do?
In short, I still cannot see the benefit of such a listing.
Trust you and everyone else has had a good bank holiday.
Istie