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Rather than the folks claiming there'll be a placing putting their money in which won't make any difference, how about the directors put their money in, now that's a novel idea isn't it.

Perhaps some of the directors will also see this as a fantastic opportunity.

I appreciate that there are plenty of AIM companies that don't have board members invested but you'd think one with such potential as UFO is meant to have they'd be prepared to put a few quid of their own in to inspires confidence.

This is now funnier than all the Trump jokes floating around :)

0.5p this week and 1.0p+ this year LMAO

Must be getting close to the below now. Will be interesting to see what happens when a decision to mine is made.

iii. Upon a decision to mine, Alien must, within 10 business days, elect to:

a) convert its interest in the JV to a 2% net smelter royalty (in which case the JV Parties agree to use reasonable endeavours to enter a royalty deed); or

b) from that point onwards, contribute to all joint venture expenditure made or incurred in respect of the joint venture in proportion to their respective joint venture interests and where either JV Party does not contribute to the joint venture expenditure its joint venture interest will dilute in accordance with the formulae set out in the Elizabth Hill JV Agreement or Pinderi Hills JV Agreement (as the case may be).

While the Board of Alien Metals is confident that all of the conditions set out above will be satisfied or waived as the case may be, there can be no guarantee that such conditions will be satisfied and that the Transaction will proceed.

Good to see the markets are loving this latest news.

This is going to be fun when that very imminent decision to mine is made.

iii. Upon a decision to mine, Alien must, within 10 business days, elect to:

a) convert its interest in the JV to a 2% net smelter royalty (in which case the JV Parties agree to use reasonable endeavours to enter a royalty deed); or

b) from that point onwards, contribute to all joint venture expenditure made or incurred in respect of the joint venture in proportion to their respective joint venture interests and where either JV Party does not contribute to the joint venture expenditure its joint venture interest will dilute in accordance with the formulae set out in the Elizabth Hill JV Agreement or Pinderi Hills JV Agreement (as the case may be).

While the Board of Alien Metals is confident that all of the conditions set out above will be satisfied or waived as the case may be, there can be no guarantee that such conditions will be satisfied and that the Transaction will proceed.

So funny, are ppl forgetting how many shares were in issue back in 2020 and how many are in issue today. The crazies are out in full today

I blame the Chinese dude probably drifting in the Pacific right now 🤣

Never mind EH how's the lithium working out for everyone.

Now now CJ if they say no shares to buy they wouldn't just be kidding the crazies would they?

Just the same as couldn't get my buy order filled, been trying to buy all day couldn't get a quote nonsense

This always makes me laugh when people refer to Liz, I remember Max saying how savvy she was to take shares instead of being paid her salary. The dumb amongst us just said they had no money to pay her, how stupid we were.

Feel sorry for Liz though that those she works so close with sold her a right turd.

Wents the spin is so armature, it's pathetic that they can't even get the same script. Charles Archer being paid to pump with one slant, the in house broker saying something else and the BOD not having a clue. It wasn't that long ago that the UFO disciples were shouting fair value would only go up from 2.7p what with all the lithium, JV's galore, silver hitting $50 blah blah blah it's not really gone to plan.

Great advise Max I reckon you'll only be down 20% come Friday.

Fill ya boots fella.

Has CJ had a heart attack after that pile of excuses. Gotta laugh at these jokers.

Even the biggest paid for ramper Charlie boy is looking like a complete idiot after that. You would have thought that if you are going to pay for spin that at least you get your stories straight.

Over to Max now to spin TF out of this.

Carpy good point sell now and buy cheaper when there's a placement, the problem with that is the history of the sp after every other placement over the last 2 years, the sp sinks lower and lower and lower.

WOW placing on the way, the BOD have done an excellent job at destroying fair value.

I cannot believe that anybody is actually trying to spin that as positive news.

LMAO some cracking posts today, keep up the entertainment guys.

Just thinking about the next placement around the corner and how the master of spin will put a positive slant on it. Not long to go now folks. Stick my neck out and go for 40% discount to keep them in a salary and the office lights on.

Yayay don't forget the Saudi world cup and all the steel they'll need for some colossal new stadiums, surely that will make the UFO sp rocket once they start to build all those structures :) hold tight folks this will fly once they confirm how many new footy venues they're going to build.

LMAO 🤣 Henson is a genius remember not long ago she took shares in lieu of salary, then shortly after they did a placement and the sp crashed again lol. We need savvy ppl like her who are switched on.

Toffers, Sharebel is secretly creating a new virus and will then claim a global pandemic is on the way as they attempt to pump some life back into NCYT after their Mpox global meltdown failed miserably :)