Member Info for Steveiom

Just for any newbies on here, do your own research. the last time I looked there had been absolutely no deal done with AA, because I'm quite sure if a deal had been done the sp would not be where it is today. To be a little more factual there is a potential deal to be done with AA based upon certain criteria being met which hasn't yet been met. This also includes the amount royalty payments to AA as part of any to be agreed deal. Why do ppl try and make out that everything has been signed and agreed when it clearly hasn't.

I think you need to read Dickie, spin by in-house brokers, did I even say anything about people being paid to ramp on here? I would suggest you read things properly, perhaps take the rose tinted glasses off and go to specsavers pal. Nobody takes any notice of what is said on here regardless of how important some ppl think they are.

WHI are paid to do what they do and that is spin and market the business, always positive because you never know when they will be called upon to tap up their clients for another placement, saying that I'm surprised how ppl get sucked into these placements as the sp always drops to below the placement price, if they want to invest they would be better declining and waiting for the sp to crash before buying in if they genuinely believe the risk to reward is worth it.

Well said Wents, I'm getting sick of spin and the tripe put out by in-house brokers, that's what they are paid to do, the only thing that matters is how the markets react yet there are still some people who take no notice of market sentiment and how important that is to the sp. Judging by how the markets have reacted today I think the message to the bod is "could do better"

Fair enough Max you talk big numbers but lets look at what UFO is currently valued at according to the sp and the markets.

We aren't talking hundreds of millions to take over the business, a serious offer anywhere between 25 and 50 mil could persuade enough shareholders to jump ship.

And how much is Hanc0ck worth then Max? You could buy the whole company for 25 to 30 million and you think selling Hanc0ck would maximise share holder value, how do you work that one out.

Don't forget what new trucks are made from, we need lots of new trucks making so iron ore demand will go through the roof in the same way as silver demand is going through the roof to keep up with all those solar panels being fitted ;)

In order for somebody to buy somebody has to sell, simple. The other side of the coin is ppl are selling at below the recent placement price so yes there are some who want in, but at the same time there are ppl wanting out. They are just trades nothing more. Its not a big deal.

Max did you not see that there were also some chunky sells earlier today or is this the rose tinted glasses you have on.

It's all well and good being ultra blinkered but there needs to be balance here. At the end of the day are simply trades for somebody to buy somebody has to be desperate enough to sell. Simple.

Why on earth are ppl demanding an interview/presentation? That will do nothing to the sp the only thing that will move this now is solid good news rns announcements. If anything these interviews only result in the sp dropping, they promise timescales and big up the expectations of investors and they get away with it because its nothing more than chat and spin. Forget these presentations and just get on with what is needed, solid honest factual rns's please.

Anyone can buy in at mates rates and possibly below over the next few weeks if there's no meaningful news and by that I don't mean a load of holocks presentation of promises I mean solid rns announcements company presentations mean nowt. What I can't understand is how there are so many ppl that buy into these placements based upon broker marketing spiel. Do they not know if they are truly into a risky punt they'd be better of saying no thanks and then just wait it out for the sp to crash to below the placement price. Crazy but there you go.

Nah AA will give us money no problem they will be desperate to help out a struggling little company because they are kind hearted and very charitable that's how they make so much profit. Remember how they rescued Sirius :)

Going to enjoy buying in below the placing price.

True 5x5 but if ppl play this now as a trade to nothing I really do think there's money to be made from .19 or lower I'd be happy to see how far this drops by Friday and then hammer it. We won't see that famous line 2.7 fair value for a while but we could see it get back to .3 for a quickish 30 percent profit

Don't worry ppl there'll be a post first thing tomorrow saying silver demand will go through the roof because of renewables and the price of iron ore has gone up by half a cent :)

Fantastic news great opportunity to buy in well below that price by the end of this week. A big plus taking absolutely no notice of everyone who screamed to buy in a few weeks back at never to be seen again bargain prices :). It really goes to show that all the nonsense of getting a loan from AA or the bank was utter tripe. I hope a few ppl have learnt a lesson from this .....never take any notice of those who continually pump and and those that continually deramp the business.

What is fair value for the sp wasn't it around 2.7p or have the brokers come out with another plucked from the air figure. Must be the bargain of the century now :)

They're going to really struggle to get a placement out via their usual brokers. They only have so many clients and I can't see them phoning many of them up as they are all under water. The sales pitch on the last few placements was even pushing the EH silver and that's still full of water still. If my broker called me and asked if I wanted to buy a few million more I know where I'd be telling them to go and we all know if they do a placement at another huge discount the sp will only retract down or even below the placement price so why bother taking part in the placement unless you got a load of warrants and even then they might struggle to get a placement away.

Don't panic, if you remember the last time there was a continued drop in sp certain individuals were trying to convince that the sp was being forced down to fill a huge buy order, if that's the case this there must be a flipping huge buy order being filled now :) strange how that scenario hasn't been posted again. LMAO

Getting tempting now end of next week and we could be looking at a bet to nothing with great odds. Only thing playing my mind is the placement situation because that will be at a further hefty discount and possibly warrants. Hmmmm

Selling at 1p don't forget fair value is 2.7p lol:)