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Loving the banter on valuations, at the end of the day it's only worth what somebody is prepared to pay and hoe desperate the seller is. If your on crack and your wealthy parents bought you the latest iPhone you ain't going to got £1500 for even though it might be worth that much. Be lucky to get 4 or 5 hundred and when whoever sees how desperate you are you might get offered 3 hundred. As things stand Alien is the craxk head, its all about how desperate they are now.
Wents although quite possibly not the same but having played around with a few early stage drug development companies, they tend to let shareholders know when papers have been submitted for approval like to the FDA and then the FDA have reasonably strict timeframes to either approve, request further information or refuse. I would have expected an rns here to tell us that all the necessary paperwork has been submitted its at that point the clock ticks for approval.
Very funny petej247, shame they can't say "and we produce millions of tons of it" and in other news lithium miners start to panic as sodium batteries become the preferred choice for electric vehicles.....LOL
Wolfy I'm sure the crazies who buy on the rise and sell on the drop will come however there's a lot of us that have topped up, averaged down over the last few weeks who will sell into any good news those that kick off and whinge at that strategy had better hope that the herd arrive otherwise there's not going to be a huge rise. Each to their own everyone has the same goal which is to make money we just do it differently.
Talking of new teams either TW was made an offer he couldn't refuse over at Bluejay because they're almost as messed up as UFO or things here at UFO are so messed up he needed out pretty fast. Either way it's now very obvious that the others involved were not prepared for what happened and the uncertainty is definitely affecting market confidence.
Would not be surprised in the next RNS was a placement, we'll see soon enough.
Cyprusbiker I'd love to know where all these shorters are because I wouldn't mind hedging. if you know who is accepting shorts on this please let me know. Cheers,
Smiller I'd ignore the utter tripe of certain ppl now thinking that a buyout would be good, They are just trying to cover their own conspiracy theories, total nonsense as usual.
Based on the number of shares in issue and the current sp the figures being chucked about are peanuts and makes those that have been in here for years and scream they haven't sold a single share, well 100 million buyout will make them look like a bunch of village idiots. A 100 million buyout would see me in profit but there would be a lot of PI's sitting on huge losses.
And in other news the increase in satellites orbiting the planet and the push for deeper space exploration will squeeze silver further pushing Alien Metals sp to new highs.
I wouldn't hold your breath too long Wents you might do yourself some damage, don't forget we're still waiting on an update on the Hancack Resources and Reserves from the Sept 20th RNS which most expected by the year end although they didn't say which year.
Totally agree Bishop, ppl can spin and pump as much as they want or deride the company all day long and it won't effect the sp. This is why I can't get why ppl get so wound up by it all, it's just entertainment at the end of the day watching the little squabbles.
Behave Yayay we have changed direction now shovel ready means nothing, even the rampers are changing direction, we are now a strategic asset, we don't need to mine anything its just a matter of waiting for the huge buyout numbers to flood in.