Member Info for Tex2374

https://twitter.com/jangadamines/status/1268405165268361217?s=21

Clearly they liked the news as well Dcat80! When you said ‘you guys’ did you mean us or Jangada :-)

I have a good feeling about June. Time to move to the next exciting chapter.

Tex

Yes, the foreign investment definitely fuelled a big part of the rise (and fall)....

The reality is that until positive news flows consistently, this share isn’t going anywhere. SS needs to attract new investors as current sentiment is pretty low.

If he can do a decent PR job and start to deliver positive news which shows investors a rosey future then maybe there is decent upside.

There will be time to jump on board if/when that starts to happen.

Let’s see.
Tex

1% of shares traded and a tweet, but yes, relatively speaking it woke up! :-)

Let’s hope it continues!

Tex

LOL, ok Tymers. Good sales pitch :-)

I was in this in the ‘heyday’. Made money, not as much as many, but a bit.

Dipping back in at 0.7 and jumped out again about 10 days later at .58.

Fascinated to see what happens. At this price there may be a quick return to be made on a spike, but sceptical of any multi bag.

Could be wrong, no one knows. That’s the fun thing with these shares.

Feel sorry for LTHs who have had to endure a death spiral.

Tymers you are in the minority here, with your position.

Tex

If we take 300m market cap back in 2017 at the 11p spike. The equivalent today would be 3.45p giving a £300m market cap, based on current shares in issue.

Probably a reasonable way to see things. It’s never good to talk about historic share prices, especially when there has been this much dilution of the share.

Is anyone making any money here? Tymers, what’s your average, you seem ‘bullish’?

From memory it was less than half that. Could be wrong and happy to be corrected!

Also, I think the speculation may have been a little above the reality.

Yes. If your shares aren’t consolidated......

£1bn market cap required for 11p. (Currently)

Thinking about the question in terms of market cap rather than share price is always a better way of looking at it.

Could ukog be a £1bn market cap company.

.....thoughts?

Agreed, we need to be patient for a couple more weeks.

Latest tweet from earlier today ...... it would be nice to get back to a tweet a day. Also, I really enjoyed re-reading the Q&A it would be good to get another one of those, as well.....

“Pitombeiras North Target has shown grades of 0.5% vanadium oxide over 30m thick, mostly starting on/near surface, on a grid of 50mx100m, which brings the confidence necessary to delineate our first initial JORC mineral resource estimate in due course”

Brian McMaster, Chairman

Haha. Very good :-)

I assume there will be an announcement on the new asset they will be acquiring.

Current market cap definitely provides some level of upside.......... maybe.

Hopefully this one will be economically viable :-)

+++++++++
· The proposed Disposal will eliminate any future costs to the Company associated with its interest in LPD and enable the Board to seek to acquire another asset which the Board believes is more likely to generate value for Shareholders in the near to medium term.

· On completion, the Company expects to have available cash resources of approximately £800,000, which the Board will utilise carefully in seeking to identify and execute a potential acquisition.

Well that would definitely get us on the radar !!!

The below question from the Q&A RNS jumped into my mind today. I hope we can reach this point before Christmas. Family Tex want a big turkey this year.

Question: In the recent interview with Sarah Lowther of TMS, there was a reference to two potential forward plans, one was to go into production and the other was to progress with an industry partner, have either of these options developed any further?

Answer: Many of the decisions regarding future development will be determined by the results of the drilling programme. Our first and foremost priority is that we identify the size and quality of the resource to a JORC standard (which will be done through the drilling programme). From there, the alternative courses of action can be considered in detail, and the best one selected.

I would be happy to be connected with Discovery Group.

They have a track record of creating material shareholder value for some of the companies they have been involved with.

I always harp on about getting on the radar, this would be the way to do it.

Established network of companies who would have an interest in what Jan is doing.

Must be time for some more news soon!

Final results and then PEA, due. Then I wonder where we will go? :-)

Hopefully at that point the company will be willing to raise its head above the parapet.

I agree. I doubt there will be any major effect. The current appetite for the share will more than cover this amount of shares. Good timing/lucky timing.....

Tex

Great to see the recovery of the Valore SP over the last 5 weeks!

Given the times we are currently in having that 'safety net' in place to support the current rough market cap and SP is fantastic.... everything else is upside and looks like there is quite a bit of it.

Also great to see the continuity in delivering the plan over last couple of months, real achievement for the BoD and everyone involved.

I hope everyone is well and safe in these unprecedented times.

It’s my first time back on the board probably in about 7 weeks so I need to do a bit of catching up.

Fantastic to see the company recovering so strongly.

Well done to anyone who bought on the crash. I was tempted (and with hindsight should have) but there was just too much turmoil at work, home, everywhere else, to try think about investing decisions.

Anyway, will catch up on events and looking forward to the next steps in the development plan!

Tex

Still hoping they hold off posting more results until some level of stability returns and investors start to come back.

An believable show of arrogance. What planet is the guy on?