Member Info for Chris2

Carpfisher. Can’t be me you wrote about either.

I never mentioned India.

The 20th September 2023.

And you don’t think that is relevant in a 10 year projection?

An article that is 6 weeks old.

Are you mad?

UFO are advertising for a financial controller

PART TIME.

Obviously haven’t got the resources to employ someone full time.

Or there isn’t enough for them to do.

Max111 getting upset.

Shame.

Fitch Solutions subsidiary BMI last week signalled to miners that things would be much tougher in a decade’s time when Chinese demand for iron ore was lower.

“Over the longer term, we expect iron ore prices to remain on a multi-year downtrend, with prices forecast to decline to $US50 a tonne by 2032,” BMI said in a note.

Miners say they are aware of the long-term challenges facing steel demand as China shifts and they seek to diversify their operations.

BHP Group reckons annual output has reached a plateau just above a billion tons each year that will stretch into 2024. Analysts at Capital Economics say demand and supply probably peaked in 2020.

Rio Tinto Group CEO Jakob Stausholm said last week that the past two decades of steel consumption growth was probably coming to an end.

“We are foreseeing that the peak steel demand in China is about to be reached,” he said during an interview at Bloomberg headquarters in New York. “Not because the Chinese economy is not growing, but just because of the maturity it has reached.”

Long-term, China’s demand for Australian iron ore will diminish as the economy changes tack after years of infrastructure spending.

“If they do what they say they want to do, which is become a more consumer-orientated services economy, and they stop their massive construction building, then iron ore prices will fall because there won’t be demand any more,” says Michael Shoebridge, a founder of Strategic Analysis Australia and a former senior Defence Department official.

Old news???

Oh. Sorry just realised it is 3 days old.

Max111 are you making out its old news so you can bury your head in the sand?

31st October 2023.China’s manufacturing activity crashed in October, posting numbers far lower than the slight dip many outside observers expected.

Construction activity slowed as well, pointing to continued structural weakness in the Chinese economy – specifically, the weakness that Chinese consumer spending is not rebounding as quickly as the regime in Beijing expected after the end of brutal coronavirus lockdowns.

Spends all his day looking for ramping material on the internet.

Must be a full time job.

Is that blatant ramping?

“All algos will now turn bullish” you have absolutely no idea this is a true statement.

“Conviction buyers aren’t selling until this multi bags” This is just a guess.

“Silver moving up adds a lot of fuel” What?? To a company that you hope will mine iron ore. What a ridiculous statement.

Pathetic.

Petej247. I’m so sorry. I didn’t realise Max111 was just reporting facts.

Like this one?

Good to know UFO is the best junior silver play on LSE :)

18th March 2022

The share is about to go on a huge bull run. Everything lined up for imminent launch which will then lead to a multi-bagger rise this year.

Silly me.

Petej247.

Just look at the share price and match it to Max111 posts.

Something very odd don’t you think?

Anyway. I can see this company being wound up in the next 12 months.

The cash cow will be no more and the board can move on to pastures new with bit fat gains.

Max111. How about giving some more balanced views like the mining explores sector is in the doldrums at the moment.

In all 6800 posts of pure hype there has never been a realistic view on the situation as exists.

Board resignations,wars,sector disinterest, cash burn,commodity markets. (whatever happened to that silver rally that you were so sure about and never happened?

Or is it you just want to ramp the share to bits and post anything you can find to spin a good story?

You need to look at yourself carefully and see that whatever it is ,it’s not working.

Unless of course there is some other reason for your posts.

“Improved communications??”

Glad you think so.

If you want your answer tangodog1024 for starters just look at how many board of directors have resigned in the last 2 years.

One of the golden rules of investing.

Just saying.

Stevomining.Most sensible post for months.

The fantasists took over with their claims that this will come good next week next month next year. Fact is it is more likely to be sometime never.

The most red flags of any share I have followed and still you hear "just topped up"

Madness.

I did say I thought they would have to raise cash this side of Christmas.

Seems like I might be right.

Max111 is rattled.

Shame

Crypto_hater. I’m assuming you are referring to Max111 when you say the same people labouring the same points while not invested.

As you say let’s hope he moves on.

You have absolutely no idea who is invested in UFO and who isn’t.

I think you would be surprised if you knew.

Crypto_hater. So why do you bother reading any posts?

You have chosen to ignore my warnings of a massive drop in share price.Thats your decision.

You have chosen to ignore my warnings that the price of iron ore and silver wouldnt move upwards very much this year.

You have chosen to ignore my prediction that there would be director changes.

You are chosing to ignore that funding may be required this side of Christmas

You are chosing to ignore that the odds are this company may cease to exist in the next 24 months.

What you want to read is comforting posts that give you a warm feeling that one day you will make big money out of UFO.

Dream on.

Never said that Max111 and you know it . Lying to make a point is serious and could have you banned so be careful

I was quoting you and this is exactly what I said

"SP will be multiples of what it is now as UFO completes the above en route to FID.”

Really?

Is that will be? Or might be?

Or are you just making it up Max111?

Let’s face it. You have no idea what the sp will be.

I was quoting one of many of your ridiculous claims.