Member Info for Barrett

Hey you knowledgable lot . . . what's with the 11% increase?

Not complaining!!

BBC piece this morning: "Shares in Chinese property firms have jumped after developer Country Garden reportedly secured an extension to a key debt payment deadline. Major home builders including Country Garden and Evergrande saw their shares rise in Hong Kong on Monday. Investors also welcomed moves by Beijing to step up its support for the faltering economy."

Yesterday a bit of blurb on twitter/X from Alien Metals: "Iron ore is the catalyst for modern innovation. It supports industries from construction to technology and helps create skyscrapers to sustainable energy solutions by fuelling the industries that shape our world."

It's not well written, and it's got a whole 500- odd viewers, but at least the company is making an effort to publicise it's upcoming product. More publicity please, management, we need all the investment we can get.

another large step towards production, great news. securing the crushing company "will result in a high level of validated and secured costing for the han**** project.”

all that matters to everyone is whether it's going to be profitable, and at the moment, yes it is.

Great news. A big step towards getting the iron ore onto trucks. Nice one.

I'm worn out trying to second and third guess what's going on: on the face of it, a cancelled loan is good news.

And "striving to deliver" is the right tone at least.

Quite right 12roses, there's no one better at stomping on the little people than my people, the British. But I agree with forrest, it's universal and has been going on since the year dot.

My first thought, 12roses, was exactly as you say: why can't miners and tribespeople map the sensitive areas and dig round them? The article suggests that Westerners have employed the steamroller approach to tribespeople for centuries and can't let it go.

An interesting read and written in plain English, thanks livestock.

Bet I'm not the only one torn in two directions: doing the right thing, and making a buck.

Another lawyer, another sign big business is coming to this little company . . . as I've said before, when dinner arrives I just hope the crumbs are big enough to please the minnows.

Chris2, I do believe we're all after the same thing, profit, so I won't be getting caught up in the arguing. Iron ore is holding up well considering China's slowdown, and that's good for all of us; predictions are that the price will drop a little over the coming year, but not enough to trouble our profit. I saw a 5 year prediction this morning: only $10 down on today. That'll do.

Heavy news about China's slowdown and plans to source more iron ore from Africa . . . still the price is holding over $100/tonne. I guess the day is young . . .

The 10-year price chart for iron ore (tradingecomonics.com) shows a low of around $40/tonne at the start of 2016, then a steady climb to today's approx $103/tonne. There have been several spikes, but no dips below the climbing line.

HH, i also didn't like reading the word "salaries" as the first place my money is going.

Will the crumbs from the company table be worth having in a few years? That's the question. I'm waiting around to see.

to the small investors who've had to leave this company due to the timeline stretching and stretching: i've been there and i would like to wish you the best of luck, seriously. i'm sure there are other long-term holders who can afford to hang around who would like to join me in wishing you well. maybe see you back here in a few years.

the 2nd point in the "trading update" of yesterday's miserable rns was a small bit of good news: "the company continues to negotiate offtake agreements for the company’s han**** project with interested parties (including anglo american as already announced) with indicative term sheets also received from other parties." the more big fish interested in hanc0ck, the better for us.

Spot on, HH.

Juicy ore pies, WallsTreat.

The selling is not herd panic, it's patient people deciding they can't wait another year for profit, I don't blame them, I've been there myself.

Nothing has changed except how long we've got to wait: my patience was stretched out to end of 2024 and is now overstretched. But damned if I'm selling.

The last RNS with all the new boarders said "gravy train" to me. And you can't have a gravy train without gravy. Red metal gravy in this case.

Yayay, yep it took me years to learn not to lean on share chatters, just in case they're getting paid. But the boards are good for quick news of an event (eg RNSs), and some posters are good enough to lay out company RNS facts for lazy types (me).

Last but not least, when a share takes off isn't it a delight to be posting and reading other people's excitement?

People get paid to lie on share chats to lift the share price. They also get paid to lie to drop the share price. Don't imagine that a post is true just because it's grim. We can lean on stated facts in the RNSs, the rest is "chat".