Member Info for Steveiom

Great to see the sp bounce back 👏

lmao myavian how dare you take the piff out of max with his continual statements that the company is fully funded. you're going on the naughty step, behave yourself or you will be accused of being a non shareholder and a **** stirrer. they haven't got the money to even build the link road, but we'll soon see about that come the end of august. there will be a mass exodus in september if construction hasn't started and no fid produced.

wents yesterday wasn't a surprise when you look at the lack of decent news flow and the steady drip of sells over the last week or so. it stinks even more when you get the chatroom bully boys shooting down anybody that is balanced or questions whether the company has enough money to survive without further placements. it's always the same nonsense about not being invested and all that bull**** or you get there'll be no more placements and ufo will easily get a loan or finance, how many times have we heard that from certain individuals on here. we are where we are but there's no getting away from it now, clock is ticking, road to build, ore exported q1 2025, failure on this would turn ufo into a copl, great assets, dodgy bod and no respect for private investors.

Dont worry Pete, the road will start to be built July/August and they said they will ship their first ore in Q1 2025. Everything is on track and then they will open the silver mine because silver is going to $100 per oz no need to panic everything will be fine.

WHI had already mugged all their HNI's with empty promises so I very much doubt they could have sold a single share to any of their own private investors.

Unclejim I think you'll find the deluded rampers could spin a soggy piece of bog roll mate.

Max makes a change for you to use the terminology "traded" you normally harp on about buys and it was above the "ask price" when it suits you. I think its safe to say there are plenty of people jumping ship. Could this be another COPL great assets but rubbish leadership. Well at least we know there won't be any road construction starting soon. Bottom draw for another 5 years if it doesn't go bust.

LMAO what was it Max and his disciples of UFO were saying NO MORE PLACEMENTS easy to get loans and finance. LOL got to laugh at these jokers and the jokers on here who are deluded.

No need to worry about the road construction starting in August or the FID news, or even first shipment of ore in Q1 2025 that can be delayed for as long as it takes to get a JV over the table. This is exactly what investors wanted to hear.

That's actually very concerning Max. That a company so far behind UFO has a much higher market cap and that there is much more confidence from investors in Macro Metals than there is in UFO. So UFO have better assets, are meant to be more advanced yet somebody could buy the lot for a fraction of Macro's market cap. Something seriously wrong that over the last few years the BOD have destroyed market confidence so much, this is now last chance saloon for them to come good over the next 3 months. No more jam tomorrow RNS's, no more we are working hard behind the scenes to get deals done (that's what they are paid to do, we don't need to be told by them they are working hard) we need agreements signed, we need boots on the ground building our road and we need concrete proof that they are going to deliver first shipments of ore Q1 2025. Is this too much to ask.

Well that's another little update that's taken the market by storm.

There's nowhere for them to hide now. You can only make statements relating timeframes for so long until those dates to do something come and go. Yes, there are things they cannot control but there is much they can control to. They clearly stated first shipment of ore Q1 2025 and they clearly gave timeframes for roads to be constructed. If they do not come good as the days and weeks tick by without any positive news the sp will crash. It's all in their own hands now.

Nothing of a major shock that those of us that have been here for a while didn't already know about but I can understand why the price has gone down a little. Big elephant in the room for many will be the Initial development Capital Cost of A$28m.

With the promise of roads being built July/August and the high expectations of ore being shipped Q1 2025 the questions have to be asked if this is realistic and where will the 28 million come from.

With the clock ticking they really need to reassure the markets that they can deliver on their own promises.

So for some clarity on the 18 million ASD for roads etc. I'm sure someone will correct me if I'm wrong but is this for the road to get our ore from the mine to the main highway, the road that we will start constructing in July/August?

Max if there is any delays with construction any decent pr person within the company who works for the company should explain this in a rns, and if there is a buffer I want that to come from the company. This will effect the sp big time. So buffer or no buffer its down to them to update and explain that they can delay road construction until August or September and still get ore on a ship in Q1.

Norm with all due respect an Andover discovery would be impressive but how do they keep the lights on and paying bills, salaries etc without any income for possibly 3 years. Iron ore is key to income and some people are shifting the focus away from what needs to done in the very near future. UFO set the timescales on this, they sold the promises to the markets that iron ore would be on a ship in Q1 2025, if for any reason they do not come good on this they have a serious issue to sort out. and we will know very soon if they will come good or not, we are a few weeks away from when the access road needs to start and quite simply if this doesn't happen neither will anything else. Here's hoping it does start to be built in June/July.

Iron ore first exports Q1 2025. In order to get there they need to build an access road with construction to start July. No road, no iron ore exports Q1. We will either get confirmation that boots on the ground very soon or we will see market confidence drain away. What's it going to be?

So July/August for road construction? Let's hope that happens because without it and without news of a major JV there will be no ore mined or shipped come the first quarter of next year. Lots to play for but this bunch need to start keeping to timeframes and come good on what they can control. I'd rather see a tweet of diggers making a road than continuous tweets about the silver price or lithium.

Have they started building the access road yet? They'll need to get moving on that if they're going to get ore to the boat. Any news if construction has started or when it is going to start.

Very reasonable Wents waiting it out until September. Personally the key will be road construction started as they have stated by July/August, if this does not happen then I'd happily take a hit. Plenty of time between now and then but given all the promises to date and timeframes in place for shipping first quarter next year, none of that will happen without the road being built. Without that road construction starting everything else goes out the window.