Member Info for Unclejim

I am going for a 28th July RNS, probably very poorly worded and will bring up more questions than it answers.

It is hard to believe that JN was touted as some sort of investing god 3 years ago.

You live and learn and nobody forced us too put our money in. Will leave my remain holding invested in the hope the 4 million comes through.

I would wait and see where the next money is coming from first. In the Conduit merger does not happen any time soon then we are out of cash.

I reckon a placing at a discount too today price will then take place. JN and BF do not own a single share between them so really do not care about diluting the SP further. All in my own opinion of course.

It's our only option of the SP rising.

Unless JN and Brent where too resign. This would have a positive affect on the SP. Still hard too believe they brought their mate in for a few months and somehow he legally manged too dump his shares at double the SP at the time.

Thats what he is doing..

No he is not, he has gone.

Regardless of what our resident rampers say, something just does not feel right with UFO and the continuing drop of the SP reflects this.

2023 was supposed to be the transformational year for Alien holders and we are now at a 3 year low and dropping.

Time for our BOD too pull a rabbit out the hat. Rod is still heavily invested and will now be underwater on his investment as well.

What is even stranger is people now selling 2 million and 1 million at 0. 33 and 0.34. The SP continues too slide when this is supposed to be the most positive news flow period for 3 years.

The only thing that is ticking is the SP downwards, again.

Some circumstances are out of our control this is true. The merry go round of BOD is most definately in our control.

They need money as the £50k will be gone soon. I don't think the BOD are bothered if its a placing and they dont own any shares. I just can't see anyone trusting them with further funding. They have probably sold some shares but only decide too tell us when it suits.

Surely the price will go up now Rod has gone.

Well I suppose if it does suspend at least we can count it as a RNS.

What happens if they don't publish on time?

That was the next expected post. If you dare too say anything negative then you should sell up. Been here 3 years you patronising twonk and am more than capable of making my own descions.

Gambling money invested only but when my tax return is due then I will be sure too contact you for more financial advice.

The "very near future" is subjective apparently.

What a load of rubbish. 2 months is clearly not very near term.

It's not MMs dropping the SP on a daily basis or poor market conditions. It's the lack of news when our current CEO stays silent even after making statements like above.

Don't worry though. I am sure somebody will post the daily iron ore price or tell me that hard work is progressing in the back ground. They know as much as me, it's all guess work.

Rod McIllree has managed too half the share price since he took over. Not exactly increasing shareholder value.

To be fair I am so far down that a price of 0.012 or 0.014 means very little financially. The BOD have no skin in the gane so will not be diluting themselves if a placing does happen. You live and learn and it was always a gamble.

There has to be a plan because they will not allow the bank to be empty as there wages wouldd not get paid.

Ouch, down we go again. A few more months of wages and we will be out of money in the bank. About time our BOD told us the plan. I assume we will be selling shares in our biggest holdings too keep the lights on. All very quiet on the conduit front.

Volume has been flat for weeks.

Anybody who wants to be in is in and probably sat patiently waiting for news.

I honestly can't see us producing in 2023 but Q3 is round the corner and that is when Rod has told us we will get news. Hopefully he proves me wrong as even he must be well down on his £500k now.

It's blue Joe, quick sell.