re: Ann: Appendix 3Ys and Breach of Listing R... Hi...

re: Ann: Appendix 3Ys and Breach of Listing R... Hi Trees,,market is aweful at the moment which is not helping. I have seen relatively good stocks lose 50% in the past month so UXA is not alone. I have probably bought too many UXA now But I accept my decision. I have had a few good years so I am prepared to lose 15k on UXA if thats how the cookie crumbles.

Who knows what will happen short term but I expect the SP to rise once we start drilling again in July.
Apparently the wireline business is running at full capacity so next quarterly should be good/better.
I hate these convertible notes but UXA probably had no alternatives, getting capital is difficuilt for all companies especially small caps so many have resorted to notes.

Time will tell,,,I don't like it when people lose money BUT for those holding there is no point selling now IMO, might as well buy a few cheap and hope things to improve.

As for the downrampers who just say negative things?
Why do the y post?
Why are they interested in UXA
WHy WHY WHY

something to think about IMO,,,,

(UXA has lots of fixed costs so they need to grow their sales from the wireling business which is what they trying to do,,,makes sence to me, some here may agree, some will not)

some buy after news when a stock is flying,,,some buy when others think they are finished,,,,good luck

Management if you reading this,,,cut the costs, buy some shares and get rid of those convertible notes ASAP

and try drill something GOOD :-0) (forget the dome)

DYOR