Our live Investing Matters Podcast Special which took place at the Master Investor Show discussing 'How undervalued is the UK stock market?', has just been released. Listen here.
There has been no official statement saying AA deal is off. Maybe they will step away who knows. What ufo have said is other parties have been interested and been talks. Who knows if you can believe that or not . I'd like to hope it's true and offers are better than AA. Time will tell
Plunder you have no basis or evidence for these comments. You think troy a mid level experienced guy in OZ has this power to stop permits and licences. Come on man we have enough real issues here to discuss without making ones up
at this point with the new appointments i think the best thing which could happen to ufo now is probably 2 jvs one with fenix with dso in which we will probably have to give han**** up for very little or some royalty payments and hopefully with the new guy in he knows enough people for potential pgm jv with someone willing to drill the hills . why else go out and appoint these 2 ? it was always very unlikely ufo could own everything being so small. i did think han**** was possible with a loan but looks like most of that will be given in a deal. for the lth this outcome doesn't sound ideal but a % of something better than going bust.
Max your getting filtered finally. Only a paid ramper would spin a-16% day. I'd sell but am down so much its pointless. Time for me to sell was at 1p. Out of all the AIM stocks I really thought ufo had a chance being in OZ with simple iron. Just shows that if management corruption want to turn a stock into a lifestyle stock they will with no regard for the PI. That's AIM for ya. Think I'll be avoiding AIM for a while, stick to forex.
Cj not if they known for months and selling. Something isn't right here no bad RNS and been dropping for 2 months. Can't get a decent ceo why? Dedo sticks of insider games . Lots of chat of larger holders driving price down to sell/take over levels. No one can prove this but something isn't right. Hard to trust the board when SP is doing what it's doing and there is no news
I am just hoping as a catalyst that silver takes off . But we need to do some silver PR along side it.
Max best to just take a week off I think. Your being shown to be a flip flopper. Coming across paid.
Really hoping we can turn into a serious company with real management and permit and stop all this dodgy behind the scene games.
5x5 I think there will be strong resistance at 1p from LTH. Its a mental nice round number near peoples average. For me it would depend on the progress and momentum around this 1p if say mining is close and a good JV is in place I think you would be a bit mad to have held this long and then not hold a bit longer after 1p when momentum is on your side.
It will be interesting to see of silver miners breakout one day hopefully soon. I wonder if it will affect us /how much of a boost we may see considering there is hardly any silver plays in LSE. Tbh I'll take any reason to get back above >1p .
The iron ore price is important if we think we getting a jv soon. A deal may involve some average moving price or similar volatility price. But the silver is pointless really
Https://www.mining.com/iron-ore-boom-of-the-2000s-repeating-this-time-with-critical-metals/
Crazy fortesue went up 50,000% in last cycle