Member Info for MrEMC2

For every shareholder to be in profit we need something like +30p and we want it fairly soon not 5-10 years down the line That is only fair given what PIs have had to suffer since 2020 and now we also have the greatly enlarged size of GGP's assets from 4th December 2024 onwards. GLA

@The_Bishop . As the 'beneficiary' of the shares you can get in touch with Halifax and ask for a "Corporate Letter of Representation". This will enable you to attend and personally vote your holding at the AGM . I have applied to do the same with my ISA provider. At the beginning of the AGM a company representative will take a record of the number of your shares then on the vote for each resolution you signify by a show of hand/ card whether you are in favour or against (on behalf of Halifax for those number or shares).

"Sometimes you will never know the value of a moment, until it becomes a memory." Ahh 38p

"You are never too old to set another goal or to dream a new dream." Ahh Lassonde second wave

Hi PLP , Why a put option constitutes insurance - its there to protect income in case POG falls.

Simplified it means insurance for GGP and the Banks in case POG dramatically falls below average A$3,887.50 over a long period of time damaging GGP's income. In such a case GGP has a way of protecting its income by still being able to sell it's gold at that average price instead of the prevailing dramatically lower POG. If gold is at or above average A$3,887.50 GGP sells its gold at the higher POG and the 'insurance premium' ie cost of buying the 'Put' is a business expense.

"Gold price downside protection secured by the purchase of gold put options for 100,000 ounces of future Telfer gold production at a weighted average price of A$3,887.50 per ounce with expiry dates variously through to December 2025. The options are a right to deliver, but not an obligation, meaning Greatland retains all gold price upside exposure across 100% of Telfer production volumes"

Shaun Day " "The acquisition of Havieron and Telfer is a highly accretive and strategically compelling transaction that has the potential to deliver material value to Greatland's shareholders" and "Following completion of the Acquisition, the operating strategy for the Enlarged Group is to renew and develop an integrated Telfer-Havieron mining and processing operation, to create a generational Australian gold copper mining complex"

To quote Gervaise Heddle "the market does not quite understand the opportunity here"

Wake up market!!

GLA; Waiting for +38p on second wave of the Lassonde Curve.

90m trade this morning

28-Nov-24 09:34:08 0.09 90,000,000 Unknown* 0.085 0.095 81.00k

"these must be a steal"

Charles Archer and others have been saying it's only a matter of time before a deal is done. POS is over $30 and if the bottom is in these must be a steal at 0.85p. (No need to tell me that a share price that has fallen 97.4% can fall another 97.4% - I know I have been there).

Got my 0.85p price - now where does the price go?

Hi TAD, I did try to buy a few more shares on Friday but as I set a limit order at 0.086p I failed to get a single extra share. As you stated on another occasion "we just wait and sell when it's is Grossly Overvalued". ATB Emc2

@ Magpie-65, It's due to my energetic logic haha!

Still hopeful for the price of silver to rapidly rise before the next placing.

An actual UT - rare for UFO . Might suggest even MM don't want to hold a single UFO share over the weekend!

22-Nov-24 16:35:24 0.09 900,000 Buy* 0.08 0.09 810.00 UT

FOMO alert - none of us are thinking of being out of this over the weekend!

Hi Normbeef

Four Resolutions

1. To receive the report of the directors and the financial statements of the Company for the year ended 31st December 2023 and the report of the auditors thereon.

2. To re-appoint Robert Walter Mosig as a director of the Company.

3. To re-appoint PKF Littlejohn LLP as auditors.

4. To authorise the directors to determine the remuneration of the auditors.

I would be willing to attend the AGM too - as you will know best to ask questions before a vote is taken on resolution 1.

Anyone else able to attend?

ATB MrEMC

When is silver mining going to recommence at Elizabeth Hill? Is there a silver lining to UFO?

Website site states:

"Alien has erected headframes over both existing shafts and has purchased necessary equipment for dewatering, camp construction and mine re-opening"

RNS 30/10/2024 states

"With the increase in the silver price, the Company has received substantial corporate interest in the Elizabeth Hill Silver Mine, which at the time of its operation was Australia's highest-grade silver mine".

"The Company intends to maximise technology and obtain maximum benefit from all information collected to make informed, and geologically supported decisions for when drilling commences".

Does silver bring good luck?

According to astrology, silver is associated with healing and calming abilities. It can make you feel calmer and bring good luck.

Does silver attract money?

Keeping a silver coin is one of the best way to get financial stability in life. This will help to bring prosperity and wealth. Keeping money received as a reward from your parents or elders in your wallet can also attract good luck.

Silver (and Covid money) made this rocket before and Elizabeth Hill was the carrot and still is. Somebody give the herd a prod and then we can make some money again.

Two of my 2020 post below Silver price was around $28.83 at the time

MrEMC2

Posted in: UFO

Posts: 3,015

Price: 0.255

No Opinion

RE: Rise6 Aug 2020 21:13

Hi hydrogen I bought in here today at over 0.28p taking a risk as not having the benefit of a PaddyGall research or Sentinel-hub. Is this really another possible GGP in the making? MrEMC2

and:

MrEMC2

Posted in: UFO

Posts: 3,015

Price: 0.285

No Opinion

RE: Bounce12 Aug 2020 10:17

Topped up now my second largest investment. GLA

Sorry can't wait until next Tuesday to comment. Silver marmalade RNS can last up to six weeks!! So perhaps that is the deadline for the next cash call. Come on $ price of silver go ballistic before then please.

14th on leader board. I mean ..... not bad for a Tuesday. Fingers crossed more next Tuesday.

For me this is about a gamble on Silver. Can the $ price of silver charge up and drag UFO share price higher before the next cash call (seems it is a wait forever for iron ore JV). It just so happens that since I bought the best bid price seems to fall on a Tuesday.

It's another Tuesday and a chance to sell for a profit! Could be a case of blink and it's gone by the time I post this! But hesitating over the sell button.

£70,500 buy in a single transaction! Tuesdays seem to be are an expensive day to buy UFO shares particularly with a 20% spread. I bought a few recently at 0.137p on a Tuesday only to see my capital fall 45 - 60% shortly afterwards. In for a silver play but wary of buying more in case there is another placing 'just around the corner'. I may ever only own a modest UFO holding but a repeat of 0.20 to 3p on silver mania/ parabolic rise would do me just fine.