RE: Off take agreement6 Feb 2022 09:37
Like I said previously, I don't post hardly ever on UFO bb . But just to add my thoughts I would like to see Han**** and brockman spun out into separate entity. IPO. with this huge amount of ore and easily the possibility/certainty of much bigger resource. Funding would be NO problem imo to go it alone. By doing this UFO would not need to rise Funding, thus issuing a shed load more shares. Larger investors can look at the work already done along with samples. (More to come). I would hazard a guess that the phone would be ringing off its hooks. Old phone that is. With a separate vehicle it could then rise most if not all Funding needed to start this DSO operation soon as. Off take partners would obviously play a part in Funding along with private investors, large and small. UFO would retain 51% as the main shareholders making the other 49% up for grabs. That then becomes an asset to to UFO. The reason I say this is the fact many large investors don't like investing in one company with multiple projects on the go. Rather invest in one commodity, be it gold silver copper iron etc etc. With a long mining life. Bill could then spend more time/money on the silver projects , as we know it's not just silver. With the grades of other elements it's much bigger/better than just the silver. With the spin-off as the share price increases, (once in operation) that then would make UFO benefit as the largest share holder. THEN I would put a FOR SALE sign up for any major. If you want it you pay for it. Not steal it. One camp I have shares in is already doing multiple IPO,S and I can see the benefits of taking this route. Anyway, am probably talking a load of rubbish but that's what I would do. Best of luck to all
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