DRB I guess a deal on principle could be agreed but no offtake deal will be announced until licence is approved is the way I see it. I think as soon as the licence is approved you will see in the same week a offtake RNS
I'll rephrase I don't think it's a black Swan I csn see it miles off and many on here hope for it. I think they will sell it or spin it as a black Swan event like we didn't know it would cause a recession BS like they are blaming inflation on putin and not 10years of QE
The black Swan event although I do think will be predictable will be the fed cutting rates after they get to 2% or something. That signals no control of inflation and I'd hope to see everyone take a position in PMs right now it's predicted that hedge funds only have 0.5% weight to PMs when the mean is 2% historically
I think moral is fine if you want to see low moral go over to EUA what a **** show over there , feel bad for them , what a drop from the highs ! Thinks nice and steady here considering just letting Bill get that DSO ready behind the scenes
Its been the strategy many of us have been saying for a year .. But I don't think I've heard Bill say it out loud until that podcast. Mine hannock ourselves and reinvest everything into the other bigger projects. Very good
I am not sure there will be a RNS sometimes the timing of conferences have nothing to do with results. I think ufo just doing a good job of saying yes to all the media they can do. I do know Mexico results are due soon.
You can't hold ufo responsible for the pump in SP. They slowly just being adding to the fundamentals. If big money floods into a sector and pumps most juniors there isn't much Bill csn do about it . I've also been caught out abit and learnt alot from it. But long term SP will correct to fair value.
Funckin I hope we get some more holes drilled and expand the ore body. Would love to get few more >2k holes. I just finished watching a Keith neumeyer interview saying they always on look for pure silver mines and very rare. Gold mines there tonnes of them. Makes me think Keith has got to know about EH.
Yeah I mean am in this for the long term 10p hopefully at least . I think is possible on DSO alone nevermind other stuff just got to have the patience. You saw from Fenix once licence was approved the SP started to move 200% before the first shipment
Key levels to consider selling/averaging down. Have a look13 Jun 2022 18:34
Guys , not a deramp. I sold awhile back ( way to early some would say missed a lot of gains ). Perhaps some people would enjoy this chart /find useful. Some key areas to perhaps put your stop loss or DCA levels to buy back in. I personally think it looks bloody , may buy back in around £12 level if it ever gets there. Anyway hope everyone isn't hurt to much by markets today. GLA.
Yep. All we can hope for is this young crypto crowd get stung and remember. Then perhaps they will move into value stocks or at least diversify . Perhaps in the long term its a good thing what is happening to crypto . It makes our "risky AIM" stocks actually seem safe
Max I thought you would be all over the CPI numbers today haha . 8.6% but we all know probably x 2 . Was looking at M2 money supply today for banter. Crazy spike up in 2022 40% growth and put us at projected 2029 levels
DRB yeah from filling proposal to first shipment 9-10months. Fenix initial capex was smaller if that has any affect . We could be looking at the proposal in July . Obviously one data point/company for comparison isn't ideal but its what we have.
RE: ALIEN METALS LTD | BIG MOVE IS COMING | UFO PRICE TARGET08 Jun 2022 17:25
max that's true but this is one intercept on a 2d plane we need a lot more holes to get an idea of the 3D , i.e the MT potential. To be honest if we return anything in D2 its a positive vs current status quo. People will call us rampers and its true at this stage to hype up anything with Munni Munni and D2. Its nice to daydream though . Imagine a company which has a 1st class copper , PGM and silver mine along side DSO. I mean I don't think that's ever been done before.