Member Info for Unclejim

Don't worry, not long too wait till fun fact Friday.

Haha, remember smiler, it's a good thing too repeatedly employ incompetent CEOs and then sack them too save the wages.

I will say it again. Brent and JN do not care. They will sell whatever too ensure there is enough in the bank too cover their wages. They are not interested in increasing shareholder value as they do not hold any shares. Vela is just a pension top up for them. Sacking them is the best thing that could happen too Vela and has been for some time.

Forrestgump, at least you are capable of admitting you where wrong and accept this is not nailed on.

The true ramp brigade are not able too accept anything negative and normally attack anybody who cares too question their own investment.

I, like you have no clue how this will play out. Something does feel very wrong though. Too go silent at what is supposed to be our busiet time is not right. If the mining agreement and DFS turn up in the next few weeks then I will gladly admit I was wrong.

Crypto has nailed it. According too the ramp brigade the SP was about too rocket once the native agreement was in place.

Something is very wrong here and rightly people who are genuinely invested are choosing too question what is going on with their investment.

What did they announce. All I can see is the pre market price of 2.66, down 6%.

A little run on CDT back too $5 could see our SP back up to 0.03p. Much closer too my sell our price and finally putting me out my vela misery.

Very little. That's why we are supposed too have a new management team in place.

Executive Director, will provide the necessary support as the Company finalises details of the new management team, which is expected to be appointed shortly.

The Company expects to make an announcement in the coming week about the new executive management team, who are expected to commence in early January 2024.

You also need too let those selling chunks of 1 and 1.5 million that the SP is about too multibag too 2p.

Australia day?

What has that got too do with employing a new magement team in the coming week and getting too work in early Jan 2024. I am no expert but I assume flooding from a storm would also have no effect on employing a new team.

No there is no evidence. It's all guesswork as UFO have decided to keep quiet. As you assume things are progressing in the background without a new management team. Then why bother appointing them at all. So happy we have saved £20k. I hope they take this into account when deciding what price the next placing is.

Please somebody buy us out too put us out our misery.

Ensi might be worth a punt soon. Missed the bottom with cornerstone. No reason why Ensi can't have a mini revival.

5% up, maybe news is actually incoming.

The derampers are at work, must mean news is incoming.

Joe blogs is spot on. Till the BOD are booted out and replaced with somebody that can manage a investment company this will remain a dead share.

BFDinvestor. I actually agree with your post. I think you will find all I have done is copy and paste from actual news released by UFO via a RNS too counteract Max ridiculous posts.

As for downing tools. We have no clue what has been going on since Troy was sacked/resigned as we have had no updates. For all you know we genuinely could be at a standstill till the new management team is appointed. We could also still be slowly progressing too production Q4 2024.

Same with the pointless SP predictions. The next few RNS will dictate exactly where UFO is heading and any future SP.

troys job was too get han**** shovel ready. done.

no it is not done, far from it.

troys job was too export iron ore in 2023. again, clearly not done.

Just a reminder that this is why Tryoy was employed. Has he really achieved anything that he was originally taken on to do.

Troy brings important skills that will ensure an efficient and timely start-up of the mine as we finalise the last outstanding permits for production. He will provide additional management of logistics including contractor selection, mining, transport and ultimately first export of our ore out through Utah Point in Port Headland in 2023.