Member Info for Unclejim

He is not buying shares with part of his salary. He is being given them, completely different.

It is a positive he has skin in the game though.

Or maybe it's gone back down because they used the word "imminent" in reference to our next big news and we have not heard anything since. Massive own goal from our new BOD. Different name but so far same rubbish as before.

How did Brent Fitzpatrick manage to keep his job in the rebranding of Vela?

Will happily sell out at 10p.

The pattern has been the same for weeks. Up 30%, builds up a bit of hope for a decent RNS. The following week, no news and drops back down to where we started.

Lets hope its not just FOMO and some real news to sustain a real rise in SP.

A very low market cap with a billionaire involved and £500k of his own money.

However it is a bit of and own goal to use the word imminent and then nothing for weeks. Those of us that have been invested from the Vela days have also been burnt by following a successful investor in James Nomand. We did not think we could lose with him involved, look at how that played out. Yes it's a different company now but so far same as before.

Yep, take off is aborted for now, tick back down.

£2.2 million MC, surely can't go much lower.

I remember the term that our incompetent BOD of Vela used at the time for AZ1656 "almost immediately".

Yes that never happened and the rest is history. This is a diffetent beast though. A billionaire backer that has now put £0.5 million of his own money in.

Ouch, 900 million offloaded this morning. Maybe imminent is not as close as we think.

Managed to grab a few more. Strange to see a 300 million sell though when the news is supposedly imminent. Let's hope when/if it does come the rise in SP is not as brief this time.

Wow, looks like the SP will finish flat for the day, hate to think what would of happened on bad news.

no, it's not.

what would have been exciting would have been, first iron ore shipped for processing and selling to fund eh and other projects.

what we have is eh given away for peanuts, more placings and han**** barely progressing. unbelievable that the ramp crew are still trying to spin this.

According to the last interview, the JV for EH was to prevent having to go for another placing. How did that work out.

the exploration team have mobilised?

how exciting, considering it should have been the production/mining team about 2 years ago. all exploration of han**** should have been completed using cash from the previous 5 placings.

They might have increased comms but all they keep saying is how cheap ERW got EH for and how nothing else is happening. Pointless RNS.

Should be a very good day.

Looks like the 250 million and 325 million are sells. Decent chunk, obviously don't have the confidence you do in Jim.

I was quite excited when I bought my Vela shares back, new BOD and a fresh start with a millionaire backer. So far it's the same as before, zero comms and pathetic SP and value. Get on with it and tell us what direction we are heading.