Member Info for Steveiom

3p shouldn't be too hard to hit, but I guess once it gets close to that the warnings signs might be flashing on another placement if they aren't generating cash or have a JV nailed by then. 3p could be the take out price to. In fact there's nothing to stop anyone coming along now to take em out at say 100% to what the sp is at the moment. Interesting year ahead.

Totally agree Silver any upswing in the sp now will be sold into, I might even sell a couple of million at the placement price for a nice profit, will they sell at break even is another matter but I believe we'll hit. 85 next year around end of Feb/March. Between now and then this will be painful for those drowning unless they believe what could happen in two years from now. There'll be a few players now if this goes below. 5 and good luck to them and there'll be a steady rise before the next placement IMHO which again if you time it right to dump you could easily add an extra 30/40% if you buy back after the next placement. Anyway difference of opinions, have a good Christmas ppl.

I can hear those phones ringing at WH Ireland and Turner Pope, lots of very fished off punters

Got to agree Monty about future placements which will be needed unless we start generating cash either by way of selling ore or an asset. I know first hand the marketing job WH Ireland did on that last placement lots of potential, assay results will be awesome, silver price set to fly ect ect. I can tell you now unless this sp moves quickly in the New Year the door for funds from this last lot will be well an truly closed. Placement investors were promised quick returns which hasn't happened and they're even more fished off now because they could be buying in and get 27% more shares for their buck.

Totally agree Smiler I've done plenty of research and yeah the sp will fly back to the recent placement price there's no doubt about that but we need to start generating cash next year or there'll be yet another placement which won't be that easy to sell, Turner Pope and WH Ireland already have a few seriously fed up clients over the last placement and that's a fact because I was informed about the placement the day before as Max knows. They really did a job on marketing that placement but they won't be knocking on the same doors to raise money again unless we get some huge assay results over the next few months. There's money to be made but I'm guessing any decent news now will be suppressed by a lot of ppl selling into it. Real investors sell into the news, they don't buy in on the rise if this goes below 6 by the year end I'll be lumping on and yeah I will sell into the rise, there's no love in this for me it's about making money.

Chris2 nobody with a brain cell would invest in UFO based upon what is said on here, they'd be crazy to do that. Personally I want the backside to drop out of this so I can load up more and sell into the rise back to the last placement price. What I do find strange is all the talk about a JORC with lots of this an that. Happy to be proved wrong but there is no compliant JORC for Muni Muni, this still needs plenty of money spending on it to get a JORC compliant resource estimate of what is in the ground and that's going to cost big bucks and burn cash. Anybody got a link to a compliant JORC for Muni Muni?

Read the rns ppl, there hasn't been a compliant JORC undertaken on the muni muni tenement. Yes the figures are nice but there's so much money required to bring this up to being a compliant JORC.

Was hoping for a big drop today but that may still come. Going forward if all these sites are going to be developed and muni muni worked up to a JORC the cash burn is going to go through the roof, where's the next 5 million coming from? Bill hasn't even dipped into his own pocket on this, does that show confidence?

Anyone who sold out for a bag at 11.5 well done and good luck for your next one. I bagged this morning, not selling, still early days until we get in the 20p plus bracket. Can't blame anyone for taking a nice profit because that's what we're here for.

No news, regardless of new company they should have been working towards getting the iron out of the ground as quickly as possible. This isn't Mexico news, or EH update. Only going down today.

Got to agree there's not much wrong with the price. If this product delivers like we've been told then there'll be plenty out there to buy it. Word of mouth, reviews a few tweets and insta posts by the so called influences and we'll be flying. Won't happen overnight but its on the way.

20 million is in the bag already according to the sales teams from WH Ireland and Turner Pope, its what has not been let out the bag that's going to make this fly. Pictures of ships on twitter aren't going to do anything for the sp apart from annoy most ppl. If that ship in their latest tweet is waiting on UFO DSO it's going to be there for another year or more waiting to be filled up :)

Lovin this price, fools and their money easily parted thanks to Turner Pope and WH Ireland. I wonder if they told the placement newbies that their investment would go down as well as up :)

Got a nice chunky order in. 68 laughing my bum off so glad I didn't buy in on that placement.

Those decent buys are proper money

Good to see so much confidence around in what is to come over the next few years. Hopefully now some of the other directors will show the same level of confidence as Mark Cubert has, you never know by the time the next placement comes around we might even get BBG putting a few quid in.

Seen quite a few ads to date across various platforms. All coming together nicely. Really looking forward to seeing the feedback on the products. Timing looks to be perfect.

No market reaction to those trades. No idea what it is but you can bet if they are buys we'd have moved by now. And if they are buys I guess we won't be getting the mother of all RNS's anytime soon. The FSA would be all over Alien is a juicy rns came out in the next week or so.

I personally think they'd have major problems with another placement near term. A large majority of holders will still be underwater especially the newbies from the last placement. Doors will be firmly closed if anybody thinks Bill could go knocking there for more money. Imagine doing a placement at the current price and the discount that would go with it. We'll certainly need some big increase in price prior to attempting any further raise and with sentiment pretty low let's hope the next RNS's has the desired affect.

So now we know, another twist in the tale. Sub 7 today. I'm going for . 675 finish.