Member Info for jwoz

Could have been Stu Packwood bagging another big slice. He’s got a fair chunk already

Just don’t see how that can be a sell given how low the volume under that price there has been

Nowhere near 22m shares exchanged whilst we’ve been under 1p

So to sell that many seems bonkers

Makes me think it’s a buy that was lodged first thing this morning and filled through morning but not fully and then finally filled late pm

That logic makes more sense to me both from the price movmement and trading history

Add the world class giant copper resource to the gold mine we know we have already and chuck in the cash we have in the bank (few million) and then look at the MCAP. Sub £4m. Bordering on hilarious

Cant quite fathom how news of us formalising agreement with a bathemoth like Anglo American and working together with them to accelerate to production asap…. Can possibly warrant all the negativity this morning. I read the RNS and thought it was very good. Huge step for the business.

Came here and it’s like we’ve just found a turd on our doorstep.

Odd.

Yes we dont know exact dates… but there’s all sorts going on and lots more news coming and this is a big bit of positive news… surely?

Just over a month to get the share price up past 26p for those warrants

Has to be on the agenda to try achieve that given the position the business is in right now…

Brad knows it’s gonna take a few bits of positive news for the momentum and it’s all there waiting… sort of.

More rockstar assays and other project updates in 5weeks??? Surely

let’s see

Smil- I’d say the cash flow and draw down aren’t ideal
But we don’t need cash flow to hold the 6-10m Mcap level. Or even a little higher. We need to prove up assets and show value/potential. Which is happening.

I agree a big climb beyond that will take some doing (but still doable). And as you prob know I’m also in UFO which is a different proposition. So really not worth comparing (Altho you and Mr T seem to like the tete a tete)

This drop to sub 3mill valuation today though is just a bit daft, in my opinion. And on confirmation that it’s unjust, I don’t think will last.

All opinions. Based on what we have access to info wise.

I think this Plummet will be short lived
The drop to .12 was plummet enough

Not sure how quickly .2+ is on the cards

But .1 up to .13 should be back soon enough. This storm will pass quickly.

I bought more at .064 and .058 today.

Crazy prices

As a fan of you Max and of this share, I’ll step in as the pedant before ye olde Chris2 tips up to tell you that your wording suggests it will disappoint.

You meant you doubt it will disappoint though. And that you definitely don’t think it will. And I agree.

I don’t think Oct will do anything other than climb

The news has to start up again soon… perhaps that’s why there 100k buys have been creeping in

There’s a shed load backed up needing to land across Africa and Aus and our little ‘pause’ For breath has lasted a while now

Was going off the statement “reinvest that sum” after selling at 16.5 in their example

That would increase the pot

Altho it’s not relevant tbh. The ave price was only real talking point.

I wont go as far as doing a worked example with numbers
However I can say with absolute certainty that in your stated situation, you end up with:
1. More money invested (gets bigger each time you repeat the process)
2. More shares (again increasing with each repitition)

But
3. a higher average acquired price (gets higher each time, above your 4p start point)

Anyhoo - enough of maths
You seem to be committed to a balanced view and not over hype. Cant argue with that. Best of luck to you and all.

Here’s to a week or two, post funeral, where I think lots of firms will be trying to create a bounce and wave of positivity of news to bring in Charles III reign and help the UK markets lead a sprightly period of news for UK in general. In his and Lizzys honour.

Maybe the £ might have a good day or two in amongst it too (not that that will effect us)

Some drilling news is long overdue I think
That plus Anglo conf and we will be set I think

Seig - if you had an ave under 4 and you buy and sell based on highs and lows we are seeing now (30v14, 16v7, etc) then am sorry to be the one to tell you that you are bringing your average up. You’ll have more shares, sure. At a higher average price.
I think a few are keenly doing the same tho and happy to bring that ave up or down based on where the company is now.

I’d expect most serious investors with big holdings have an ave of between 12-15p, at a guess

I was actually excited to look at this board just now for the first time after todays price movement

Where are the “it’ll hit 0.5” crowd?

And what about the “doom is ahead” lot

I am not a UFO prophet but I am an invested / interested party who is keenly watching and do find this place fun sometimes.

The price action is brilliant on the issuance date AFAIAC. And a sign of what’s ahead

I hope loyal aliens loaded up in the 0.5’s
I did

Not sure we see them again

Not sure that’s fair

Correct as far as I know re MM, stock and liquidity

On here you just see one side of the transaction though

The end party (be that buyer or seller).
If you buy from an MM
And I sell to an MM
that’s 2 transactions

So yes you see 2

My 300k buy this morning at 0.552 was shown as a sell though and was the only 300k transaction. It listed once

I’d say it’s only worth mentioning if

A) there seems to be a pattern of incorrect stating that can misrepresent the red/blue balance - to ensure people aren’t misled

Or
B) with what I’d say are sizeable amounts that reflect a significant/meaningful amount of money that no one can deny. Again to ensure no misrepresentation. As the single buy or sell can be made up on the opposing side of a multitude of small contributors

Both are psychological entirely and seek to reassure where nerves may raise
Also B can be also be a bigger indicator of sentiment

Could well be a buy
My purchase earlier this morning was at .55 and went through here as a sell

Would have taken a little while to work the 5m so it’s likely it was from when the spread was across the 50s and could easily be a buy

Would also support the price movement later in the day

The placing shrares are all already bought. So I don’t see the relevance.

There is a very small chance they may be flipped for 20% at around 0.6 but I’d say that is highly unlikely, for the majority at least. And if so I think they get swallowed up quickly with current volume and more RNS expected

Shares typically do dip toward placing price, hence us dipping on the news, and depending on other news surrounding placing they may drop enough to hit it. That’s not UFO though. This is a placing in a news rich period of momentum building

0.55 is the floor I’d say and we should be in 0.6s next week

PS interview was stellar. Very happy indeed.

At some point those who sold some or all, whilst the quiet phase ensued, will need to start loading up again…. Must be getting closer to some shoots of excitement now

Be interesting to see if it comes out of blue or some steady buying into that situ

I had expected end of sept and early oct to be news rich… no real reason bar a hunch.

Good luck all