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Interestingly UFO IOCA Country Manager Lloyd Edmunds liked Campbell Transport's post:
https://www.linkedin.com/feed/update/urn:li:activity:6933552984144371712/
They are a leading and growing road freight company. They offer localised storage at Port Hedland also.
www.campbelltransport.net.au
Looks like the pieces are all coming together. As the Corporate Presentation stated, the project is getting "well advanced".
@AWP.. there is clearly "something" in it.. liking random companies posts etc.. is just that.. random..
They must have at least had a conversation, possibly more.. we do need this type of contractor for the Hanc0ck work.. at the very least to build the road / pads etc..
fingers and toes crossed we will be getting some news on it at some point..
Lloyd edmunds also liking AK Evans group post.
After Michael Still - Managing Director at AK Evans Group liking UFO’s mining 121 investment post
Probably means nothing but it might give an indication of who we might be working with.
https://www.linkedin.com/posts/ak-evans-
earthmoving_civilconstruction-pilbara-earthmoving-activity-6930636016705835008-YSzv?utm_source=linkedin_share&utm_medium=ios_app
Fair enough but I'm going from the rns in November and yeah we've raised a few quid on warrants, we'll soon see though when the accounts come out. These investor meets are all well an good but I prefer an rns Maxie.
@Steve, the last time Bill was asked about funds was on 18th Feb and he said, "We've got funds in the bank for 18months" = August 2023.
Max it's what everyone wants but you simply can't say it will be funded that way. There might be no reason why it can't but there's no guarantee hence the reason why we need more than exceptional assay results. Until that RNS drops clearly stating agreements reached everything signed up then nobody can say it will be funded in a certain way and the longer it is left whoever decides to jump on board will be able to demand fantastic terms for themselves because we won't be in any position to bargain hard especially if its left until September through to year end as our own pot will be running dry according to what Bill said on how long the projects are funded for. Yes news could drop but at the same time it might not, its a risk that could pay big money but at the same time it could go wrong. Nobody on here knows at the end of the day, simply a waiting game now as to who is prepared to ride it out if the going gets tough.
@steveiom, Hanc0ck will be funded by off-take or loan (Fe got capex via Glencore off-take and Strike got loan).
China imported 3% of it's Iron Ore from India last year. This was 33.42 million tons.
They have said they will now make up for the shortage by seeking resources from Brazil, AUSTRALIA, Kazakhstan and other countries in order to prevent any disruption to their steel industry.
https://www.globaltimes.cn/page/202205/1266280.shtml
We have sent the bulk samples to the off-take parties some time ago.
Now they will be desperate to get our product in order to replace the shortfall from India.
I'm sure Ken Watson (who has a lot of experience in Pilbara Iron Ore) is a UFO shareholder.
He just liked my tweet (plus the tweet with Bill standing on top of discovery Ridge E DSO).
https://twitter.com/MaxUFO8/status/1528460715748642816
India accounted for nearly 3% of China's total imports in 2021.
Bill previously said UFO is currently in discussions with different parties regarding off-take agreements.
Getting an off-take agreement signed for our high-grade DSO with very little adverse deleterious minerals is going to be much, much easier now :)
https://www.ndtv.com/business/export-duty-on-iron-ore-hiked-up-to-50-to-increase-domestic-availability-2997546
India won't be exporting any more Iron Ore.
Good news for UFO.
Also India mainly produces low grade 58% Fe.
There is a ready market and high demand for our high-grade DSO.