Member Info for Chris2

I did warn you all of this weeks ago.
You chose to listen to the wrong people
.

You said that last year and the year before.

And what happens to the share price if it doesn’t go ahead?
That’s what you should all be asking yourself.
It’s the toss of a coin now.
Gambling at its worst.

HH You sound like a very rational and trusting person.
Perhaps you too have been caught up in the blatant ramping of a company which at best is an extremely risky gamble.
As for you being insulted. That’s nothing to the vile abuse and death wishes I have received over the past 18 months.
You have to decide who to believe .
This only had one way it was going.
Just remember with your time frame. Most mining explorers have gone out of business in 5 years.
Just be very very careful and ignore the tripe written on here.
I hope it comes good for you.
Good luck and let’s hope you get some good news soon to push the share price up.

Hilarious.
Is “Max. Just bought some more” ramping?
Whatever next.

Cjmorley. Couldn’t agree more.
They even talk about me when I’m not on the site.
They have an obsession
Some sad people with nothing better to do with their lives than abuse others.

You going back a bit. It’s way down now.

I was advised by the resident guru to watch Platinum prices so I did and found they had dropped 12% in last six months.
What more information do you need?
I am quoting facts. You are guessing.

“Watch Platinum Prices”
They have fallen 12% over the last 6 months.

Max111. You need a day off. You are going to burn yourself out.

Strange then that the share price is dropping like a stone.

Chinas steel production In a bleak forecast, Baowu said that the steel market is facing a steeper downturn than in 2015 with no end or bottom in sight.

The latest crisis, which has also been fueled by rising global inflation and geopolitical risks, has exacerbated deep-seated problems within China's steel industry, with experts saying it faces structural challenges caused by oversupply.

China's current steel production capacity is 1.2 billion ton a year, with annual consumption hovering around 1 billion tons. About 95% of China's steel output is consumed domestically, according to the China Iron and Steel Association (CISA).

"The contradiction between steel supply and consumption will be a long-term issue," said He Wenbo, executive chairman of CISA. As China's urbanization and industrialization advances, the overall demand for steel will gradually decline, said He.

This problem has long been in the making. China's steel industry has expanded rapidly for more than two decades as the economy racked up double-digit growth rates. The country has remained the world's largest steel producer since 1996, with production reaching a record of 1.07 billion tons in 2020.

It is also the world's No.1 steel consumer, accounting for more than half of the global total.

But the glory days are over, with industry analysts saying China's demand for steel has peaked and is heading into a decline, forcing the industry to adjust.

So where is this huge rise in silver price that all you “positive”people were predicting?
Best to listen to the “negative”people sometimes.
They seem to get it right more often.

The inflation plaguing Joe Biden’s presidency is also shrinking what’s so far been his crowning legislative achievement — the infrastructure bill that Congress enacted just seven months ago.

Democrats have hailed the infrastructure law, with its $550 billion in new road, rail and broadband funding, as a transformative shift for the country. But inflation — which reached a 40-year high of 8.6 percent last month — has already slashed billions from its value, forcing states to cancel or delay projects as costs balloon.

CISA. China Iron and Steel Association

China steel demand from manufacturing, home appliance makers and cargo container makers is also dropping amid the weakening economy, according to CISA.

About 95% of China's steel output is consumed domestically, according to the China Iron and Steel Association (CISA).

In July the world's largest steel producer China Baowu Steel Group shocked the market by issuing a warning at an internal meeting over the "great challenges" presented by tumbling sales, falling prices and declining profitability, according to the company's social media account.

"It is time to prepare for a long winter," said Chen Derong, chairman of Baowu, at a company meeting on July 25.

In a bleak forecast, Baowu said that the steel market is facing a steeper downturn than in 2015 with no end or bottom in sight.

Bumble 1968. And where exactly are you going to sell this iron ore?
We are told on here repeatedly it be China.
Don’t you think it’s prudent to have a look at the Chinese economy?
Or do you just want to ignore that?

DRB83. So you obviously aren’t expecting that to happen then.