Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. Watch the video here.
Silverhorse.
Yes. There is an element of risk in every investment. Hanc0ck alone should be worth multiples of current £10m MCap without even looking at Brockman, EH and Munni Munni.
Yep. Just look at PREM now with over 24 billion shares in issue. Within a year price jumped from 0.24 to 1.04 pence high when MCap touched over £250m.
Let management focus on "Delivery" on various projects. They got the £2m cash now plus $1m from Bennelone.
Share price will take care of itself.
Frustrations aside, you would not be here if you did not believe in future Outlook and highly attractive prospects here on Multiple fronts.
GLA.
I very much like ANGLO AMERICAN involvement here.
GingerTom.
Agree. Just a matter of time.
Redsetter being Telfer analogue wont just appeal to NEWCREST themselves but also other Aussie Gold Majors like Northern Star and Evolution Mining.
Would also be attractive to GGP who are next door
Would like to see a Bidding war between them down the road as things progress at RedSetter.
Cottesloe deposit due to its size could attract interest from the likes of Anglo American and RIO or Fortescue.
Massive Upside from current low £5m MCap and fully Cashed Up.....No brainer !!!
Max. Nice summary. Lot to look forward to.
14:07 post...Highly recommended.
Management Buying in also a great sign.
Options / Warrants at much higher price.
Why would have Directors bought in if they did not expect price to be lot higher in coming weeks / months. Already at the lows.
No brainer !!!
Volume approaching 200 Million already.
Agree. Max111 been around many years and die hard UFO fan coz he believes in the future Outlook despite past shenanigans. Nothing wrong with that. AIM is littered with companies where management do feckk all and just take salaries.
Off take with ANGLO AMERICAN, plus other interested parties with tenders in bodes very well.
Elizabeth Hill and Munni Munni should also see activity pick up.
There are doom mongers on every board. Just need to navigate around their nonsense.
Tacet - FYI charts mumbo jumbo does not work accurately on AIM stocks which is mainly news driven. So you can stop your scaremongering.
GLA.
Everything finally moving in the right direction.
Agree. True spread is lot narrow. MMs most likely filling a Big BUY order before letting it go.
Chuditch Valuation for BOIL is many Multiples of current MCap.
Uktrader6
What is your problem ??? Start what???
Got nothing personal against you. I dont even know you !!!
I have been in UFO in the past and i bought some last week and today. I see very good value going forward from current lows just like WSBN.
Magnum P.I. (BTW i am big fan of Tom Selleck) 🙂
Another variable is and will always be open, is that someone would pounce on UFO and buy it out on the cheap coz this is Significantly Undervalued.
Bought some today. Seems to be very OVERSOLD and UNDERVALUED.
Been reading the board over past 2 weeks. Some saying need to raise funds. That possibly could be the reason its dropped. Otherwise outlook and future looks pretty good. Bit of turbulence at the moment but this should also pass.
My personal view is placing shares have now been FORWARD SOLD from 0.36 - 0.37 downwards.
Better to get Cash in and remove any uncertainty.
We might already be at Placing price.
Expect a strong bounce back to 0.30s soon as this uncertainty is removed.
IMHO. GLA
Chuditch Farm Out update must be close.
Ongoing negotiations with number of parties.
Avtivity in the area also picking up steam.
With only 258m shares in issue.
Thats why this moves Up at lightning speed when on the go.
Similar set up here like GGP early days. Their big break came from Havieron world class discovery which saw price rocket from 2p to 38p in a year.
WSBN now fully cashed up and ready to go on both REDSETTER and Cottesloe. Next RNS could Zoom this higher into DOUBLE digits price very quickly in my opinion.
EEE drilling in same area at around £24m MCap
WSBN at only around £5m MCap is way too low with around £3m cash. Drilling to re-start.
RED SETTER
COTTESLOE
ANKETELL
WIshbobe II, IV and VI
Drill is 6 months away. Not happening next week.
500% rise is pretty good if you hung in all the way.
WSBN primed to take off sitting next to both GGP Havieron and Telfer 26m oz Gold deposits. Drilling on 2 projects ready to go. That would be another 500% candidate in my opinion having dropped from 18.5p a year ago.
IMHO, DYOR.
Abolishment of the new Cultural Heritage Act is very good news indeed.
That overhang should be gone which had dragged price lower over last 6-8 months. Things can be fast tracked now.
Fully cashed Up now. Drilling to start soon.
Next leg UP ready to go.
RedSetter (Telfer 2) coming up. Has got to be on NEWCREST watchlist.
Cottesloe also coming up. Same mineralisation as the 100Mt Nifty world class Copper deposit. Could be on watchlist of BHP. Watch this space.
Higher Highs....higher lows.
Zak Mir also confirmed 5p and 8p targets for AUG.
GLA
Most of us would have preferred Upfront traditional placing Vs this 24 month deal with Lanstead monthly funding tranch to be received based on some pre-calculated formula. Just creates bit of uncertainty.
Management missed a golden opportunity to raise funds soon after Eileen investment when price rose up to 0.28. They would have secured a bigger amount back then. Not impressed with Management overall. Anyway, we are where we are now.
Canadian investment for Bibemi, if i remember corectly has been delayed till end of Sep. So will need to wait and see when that concludes.