Member Info for Tarquin34

As for people saying about where is the RNS for us, as I wrote this now as we likely said that we would release the news after them, they release the news at 11:19pm here last night I dare say no one was working on a RNS then lol

Seems like free money to me for a small part of it plus the money to dig ourselves if no good JV for big projects

It seems that its only for the lithium and we we get 75% of what they dig until stage 2 is complete then 50% after. I also assume that if they dig up anything else but lithium we get it?

Under the JV Agreement binding terms sheet, Errawarra is to contribute up to a total of A$4 million to earn up to 50% of the Project over a period of 60 months as follows (JV Terms): 〉 Initial: Errawarra will make a $500,000 investment in Alien by way of a placement in the company at the 10 day volume weighted average price (VWAP) prior to execution of this agreement; 〉

Stage 1: Errawarra will earn 25% by spending A$1 million within 24 months of the date of the Terms of Agreement; and 〉 Stage 2: Errawarra has the option to earn a further 25% by spending an additional A$2.5 million over a period of 36 months

post Stage 1 completion. Upon successfully completing Stage 1 and Stage 2, Errawarra’s interest in the Project will be 50%. Following the completion of Stage 2, both Errawarra and Alien will contribute to the Project on a pro-rata basis. Refer to Appendix A for the summary of material transaction terms.

This might be what is holding the JV news up! Statement re Possible Offer for Anglo American.

The money I have in UFO is some of my profit I took from PREM.

In the interview I was sure he said 80 aussie what was about 60 usd but you are right about the 2m it is in A$2mil I see it said pence on the RNS but that was for the share price.

Stevebt its $80 AUD so that is $52.26 USD to be profitable also I still think you will not hear anything until after April 6th as why when this close to the tax date make any profit when if you leave it for 3 weeks you don't pay any tax this year and can even offset it to next tax years profit. Worst case is that we sell some areas/project off and earn the money to move forward. I know we have just got £2mil to move forward lately so should be funded till way after we start to dig. Please also pay attention to the AUD, USD and pounds it makes a lot of difference at these numbers.

I don't expect any news RNS til after the 5th April (UK-based mining exploration and development company) tax year etc

CJ I would love this to go to 1.5p I would take that. I see this going back to 0.8p on permission and then slowly going to 1.5-2p on production and profit.

I got a letter from my broker to say my shares will be turned into valueless deferred shares this month. I ain't that bothered as my value has gone from £1000 to £26. Lucky it was the money I earned previously from this share, just wished I sold as soon as they came out of suspension.

I got my letter today to say this is no more, I was hoping for the covid insurance to get something back but it just seems I lost 10k here and they could of gave money back to pi after hotter sold but it seems they took the money and run my biggish lost on shares. :(

This mistake hit UFO shares hard tho

Peanutty who has made 3 threads with the title placing has made 7 post in the last 30 days all here yesterday. Also only has ever posted on UFO board wow. We all know I don't write on here all the time and only write when I know something or to say someone don't. I am here for 6.5 million shares and at an average of 0.46 I do think this share will come good. I hope for good news before the end of the year and willing to wait. Worst case scenario here is we sell the sites best is we dig. I didn't manage to retire at 37 by not knowing ways to make money GLA.

CDT up to 6.83 and rising :) I hope they sell soon and then RNS about use being worth 3 time the current SP

It was to my understanding that the site will be done by solar and gens. There is no camp needed as they will travel in each day due to, I think its Newtown (I can double check is it is Newtown) is so close and that the trucks will be charged at the port etc maybe that's the reason behind all the renewal usage.

Cjmorley this is what's on their FB:

Our offices will be closed this Friday 8 December for urgent Office and IT service upgrades.

Member Trust support will be provided by contacting Mutual and AET directly. We will reopen Monday morning at 9am.

Congratulations to KNAC Director Keith Hall who has been reappointed as our Chairperson for another 12 months.

The Board have also welcomed the reappointment of Director Leonard Michael Stream and Director Linda Parker by the members for another 3 years, as well as the member appointment of new Director Jayleen Anthony.

Congratulations All! 🖤

Please see below an update from Mutual Trust regarding important dates for beneficiaries in Dec-Jan. This poster is also on display in our offices for member convenience.

Please contact Mutual Trust directly for more information.

and someone has asked in the comments:

Did all the decisions on mining licences get approved on Wednesday last week (but no reply yet)

I did just see that he is the director of 5 companies no wonder he has trouble getting projects done

I guess what we have to hope for here is that the mining licence comes soon and that they sell the Eureka project to pay for the mine.

Yayay the KNAC Office end of year close is from 22 December- 3 January