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Key Turning Points
DAILY 52-WEEK
3rd Resistance Point 0.215
2nd Resistance Point 0.203
1st Resistance Point 0.197
Last Price 0.191
1st Support Level 0.179
2nd Support Level 0.167
3rd Support Level 0.161
Sorry .191
Well 19.1 close on halifax
Rather than seeing a headline and imagining what might be in the article, have a go at reading it all the way to the end.
AA are consolidating their core business interests, one of which is......
wait for it........
steady there.........
IRON ORE
See if you can join the dots.
You see "small fish" BEFORE YOU SEE THE PREDATOR.
I have had a nibble now that most probs are being "IRONED" out, excuse the pun.
DYOR
Lots of small buys today. Need some more substantial trades to really get the SP moving up....
They are letting all the minnows go this afternoon..
Yep. Algos are all going to turn bullish on UFO now.
Nice to see a sea of blue, next leg up coming.....
AA has dropped JV in past DYOR anyone getting in bed with them needs to becareful imo never liked the idea of a AA board member .Odds on they put a lot on hold now with takeover actions on cards
Business doesnt stop, but i dont think AA were ever our final partners, i think they were used for leverage
Think AA will be more warped up in fighting off take over than expansion at mo
BFD yes i was only messing
Copper is in demand.
https://www.ajbell.co.uk/sharesmagazine/2024-05-16/the-copper-age-metal-driving-mining-ma-has-critical-role-in-energy-transition
Lol Napth.
I was always the self employed type, so if you didn't deliver you were out.
Hope our guy has the same mentality albeit he is corporate!
Normbeef, i'm more thinking of this guy
The Company has further strengthened its iron ore team with the appointment of an iron ore expert from global mining consulting firm CSA Global (now ERM).
Lol.. yeah Nap... thats $500's worth of commenting mate... Invoice in the post...
What's your guys thoughts on anglo divestment news. Seems they want to get into iron and copper. Perhaps they serious about Australia and small projects like ours
BFD typical consultant answer ππππ
I have worked in and around consultancy myself and it very much depends on how the contracts are structured and how many 3rd parties are involved who tend to bump the price especially in the corporate sector. The other big factor is market rates and the sector itself.. there are "going rates" for certain more generic roles.
For example if a Bank want to hire a Senior member of staff.. they would only be able to procure that resource via approved external consultancy because of the complex payment structures. This add a great deal of "overhead" to the rates that are paid..
Nathan appears to be consulting from his own company.. S76 Consulting so will have negotiated directly with UFO..
I have no idea what the going rate for a guy in his position would demand.. ? could be $400 per day could be $4000 ? if he makes the company $millions then he will be worth every penny
BFD speakers with forked tongue
We know your game !
If we get quick results, I'd pay him in gold doubloons :-)
Each to their own
Do you think we are paying him buttons?
From my experience owning a recruitment business i disagree with you
I have to say itβs nice seeing the positivity back here
NORM especially you mate
Makes me smile
So much to come here in UFO
our times just around the corner donβt get suckered in and sell cheap
Onwards and upwards space cadets
Lyndon
Ps itβs gonna π₯ soon