Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
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D -It was indeed
we can catch up in our new animal share where it is quiet
Exactly Trade, the nearest town of Karratha is about 20 miles away and has the infrastructure set up and ready to start extracting. It is 25 miles from a deep-water port and 5 miles from rail transport infrastructure.
Electrical grid power is established there and groundwater is available on site. Even from a labour perspective, there are plenty of skilled labour in the area.
So no wasting months / years setting up infrastructure which can be a big headache. This is always easy to oversee in new developments, but it all takes time and eats the P+L. It's ready to get to work just in time for the PM bull run.
TKIA - our due diligence had to be bang on when it was a higher risk haha.
If I remember correctly, Elizabeth Hill stopped mining in 2000 when the price of silver was $4 per ounce.. now the price is around $25 per ounce the demand for silver is currently so high.. UFO has Silver on tap plus so many other positive projects this just feels like a no brainier for me.
Captain Bill makes exceedingly Good Doré silver bars :)
Recommendations who think ufo 3 to 4 p this week i do bill is man ufo all way to top
Sorry didn't have my glasses on there lol
Think Bill mentioned that was the was the ratio in the old dumps on EH
Also read somewhere, it’s economic to mine at 300g/tonne of silver. Knows what he’s doing, does Captain Bill.
Yep, tradehobbs,
You have the same suspicions that Captain Bill has. Once those drills go into the ground in EH , watch our MC go up.
Elizabeth Hill is historically one of Australia's highest grade silver mines and has produced over one million ounces at an average of 2,195 grams per tonne silver.. I wonder what the surrounding areas might contain hmmmm..
This only way to go buddy up and up here we go
It's not just Elizabeth Hill, I think the key here is the possible surrounding area of Elizabeth Hill...
£££
Remaining confident we will hit 4p+ this Friday
This will be back to 2p on Monday morning was given a Buy rating on friday hope to see 3p mid week
nap
My pleasure, lets hope the loonies have gone
Theknowitall great points made. The board has returned back to normality. GLA
So its obvious we will give Winfield Metals who are TR1 9% shareholder in UFO who owns the minority 49% of Hamersley Iron ore some more shares to increase their TR1 holding and UFO will then have 100% ownership of Hamersley Iron Ore
Assay results due end of month, we will then drill and Bill will work up asset and them JV with his old connections in Rio
So we have an old BHP proved asset which Bill is going to prove up and enlarge with BHP and Rio as close neighbours
They already have all the kit and infra structure so they will take it from here do a JV and throw it on their lorries and onto the boats. Thats how DSO works
We can then explore out EH and new assets
You just have to love it
Read all the RNS's and presentations and you will all get it if you dont already
Research Research Patience Patience
GLA
D - Pareto's 80/20 rule says it all
I listen and learn to a a handul of people on he
D - Its Pareto''s law 80/20 research it for clarity
I trust and listen to a very small handful of people in here for factual information and relevant input
Others need to decide who these are and more importantly who they are not
For avoidance of doubt you are one of them lol
Mojo, knowit, appreciate the news flow. Albeit historic it is nice to see the board back to facts and reasonable logic.
Sometimes the markets can be as dense as some of the shower on this BB...
I love it when wentsland deramps.
It seems to make the share price rocket.
Keep it up please.
And they still dont get it Mojo
RI just do not get it and the business model Bill is developing
You just cant tell some people
SP an output of assets and strategy
Mike - as I've said before - research - research - research
RNS's are clues !
The market doesnt miss a thing its the market.
Its retail investors that miss it !
Excuse me what has the market missed this is old news.???????????
The market has missed that.
That on its own is worth a re-rate.
Nice one tkia :)