Member Info for theannoyingdevil

The goal for these Penny Ds is to stay afloat in a brutal Bear market. Extreme Greed currently at the top end of the scale and no doubt extreme Fear at UFOs end.

The Script will be flipped...who knows when? Nobody knows but it will happen.

Its just the Free Beer Max. Aussies love a free bevvy!

Its a BUY all day long.

5x5 End of Quarter slam might be in play today for silver. Risky play but might them slam it to under 30 today?

Im not shorting UFO, never have, never will. i got 5m UFO shares. Will add more on a good deal or after another placing. Just a small short left on Silver from the highs and DAX from Friday. Long Natgas from my post on here 1 month ago.

As i said before on here. The big holders of UFO stock should have shorted as a hedge a long time ago.

i still hold a small short from the top just in case the **** falls out stocks then silver will follow.

5x5 - no idea staying out until Friday. Currently in 'no man's land' with no conviction either way.

Very much agreed norm, anything possitive i say on here needs a caveat that the BOD can (and probably will) screw things up at any given time.

The Company has spent substantial time negotiating a potential joint venture transaction for this project, and during this process further interested parties have approached the Company to provide offtake funding, joint venture funding for the development of the project, and also outright purchase of the project. These various options are currently being assessed by the Company with a view to delivering maximum value for shareholders. The Company is similarly reviewing offers for the smaller iron ore projects of Vivash and Brockman. Further announcements will be made in due course as appropriate should these various discussions progress.

Someone please tell me the negatives in this statement and if it warrants a drop in SP? All options are on the table WRT Ironore.

Now add in the Munni munni asset

Now add in a scenario where explorers start getting back to sensible valuations based on Markets giving value to metal in the ground.

Now add a scenario when the Penny Ds are Overvalued.

You might get lucky with a slightly better price from here but it won’t last for long.

I expect to see plenty more black prints where savvy investors are scooping shares up from disgruntled impatient sellers.

Good luck to all buyers and sellers.

Oh and short the DAX40

Think you need some more aliases Simmons and Co. Getting pretty obvious now.

Just look at valuation of UFO vs Assets they hold. That tells you if its a buy or sell.

At some point in the future the Penny Ds will be massively OVERVALUED.

DO the Math

Back in today

5x5 - yes

They got a lot more than just 1 asset, and enough cash.

...and the clock is ticking for the Penny Ds to start motoring.

The deal needs to come when the Penny Ds are moving up with the tide and it's right deal for the Company. Definitely not when bag holder shareholders are screaming for the first deal that comes along.

This dip is for getting rid of the frustrated ones and in with the NEW ones.

More competition = better deal. My only concern was cash. im not desperate for a deal like LTH underwater.

More interested parties

Enough Cash. That'll do me.

Well aware of the trend. Just like the predictability of a quick dump on news/failed breaks etc. I do think Silver goes way higher. Waiting for GFC mk 2 first.

Expect Silvers tuesdays gains to be wiped out in a day or 2.

Starting to believe now Tigrrr?