Member Info for cjmorley

I agree 5x5

M&A activity will ramp up this year. We are very well placed all around I feel. :-)

https://www.proactiveinvestors.co.uk/companies/news/1010090/venture-minerals-partner-chalice-mining-finds-nickel-copper-pge-targets-at-south-west-project-in-western-australia-1010090.html

Whilst they look very promising, actual assay results have not yet been recieved.

I forgot to add

The 'legislative framework' indicates that KNAC have 4 months from application to lodge an objection. Else, acceptance is assumed.

I was re-reading
RNS Number : 8458D
24 October 2022
https://www.lse.co.uk/rns/UFO/ioca-update-vcheatu0q35c63f.html

Some of the terminology re Heritage agreement is interesting.

“ Heritage Agreement has been finalised with the Karlka Nyiyaparli”

This, in conjunction with the third party handling of submissions has me baffled as to the apparent delay.

PLEASE DISCUSS

Extract from RNS
“Approvals & Permitting:
Work continues on permitting and approvals with the Company's target to commence production and ore shipment in 2023.
The Heritage Agreement has been finalised with the Karlka Nyiyaparli Aboriginal Corporation (KNAC) which is the Native Title representative group for the Nyiyaparli People. IOCA is now progressing heritage survey works and the commencement of Native Title Agreement negotiations. This is anticipated to be completed in Q4 2022.

An initial Mining Lease area within the tenement has been surveyed and an application has been made which is expected to be received by the end of Q1 2023.

A Miscellaneous Licence application for the Haul Road corridor has been submitted and is awaiting approval and is also anticipated to be awarded in Q1 2023.

bobo

10 days ago was Saturday 11 March. Two weekends are included..

7 working days have elapsed. To expect a response to an unknown enquirer within that timescale is nieve at best.

PS.. I smell bull sht. Post your Email for us all to read.

Call me an optimist, but I think we will be pleasantly surprised by news flow sooner than is being said today.

Rod has I feel been very conservative in his timescales. Truth is, neither he nor I/us can possibly know the current state of play at KNAC or WA approvals bureaucrats.

I hope we stay here for a couple of weeks. I want to 'bed & ISA' £20k on April 6.
Get as much out of reach of HMRC before the ship blasts off. :-)

bobajob

See my post 10:32 today

For just 4 posts your negativity can be quite annoying.

@ yayay

BBG told us, I'm sure in good faith that it would be through during 2022.

There is no way anyone can know this to any degree of certainty.

The 'legislative framework' indicates that having not recieved an objection within four months of application, then by default acceptance is assumed.

The new KNAC admin position is I feel not significant in ther process.

But.... What do I know :-)

Prices for iron ore cargoes with a 63.5% iron ore content for delivery in Tianjin fell below $129 per tonne, extending the retreat from the nine-month high of $134.5 touched on March 15th amid increased control of speculatory prices and curbs for major steel producers. China’s National Development and Reform Commission issued more warnings against speculatory iron ore prices, stating it will crack down against false information and hoarding by traders. Bidding activity is also expected to remain muted as pollution regulations forced major steel production hubs Tangshan and Handan to cut capacity. At the same time, reports indicate the Chinese government will slash domestic steel output for a third year in 2023. Meanwhile, efforts to support infrastructure and construction limited the decline, as the PBoC lowered its reserve requirement ratio.

https://tradingeconomics.com/commodity/iron-ore

"we need the heritage clearance which is not until Q3,"

This a 'best guess' only.

It could be tomorrow.

For just one moment there my heart beat rose in anticipation of 'the news; we all await.

Ah well, always tomorrow.

Bobajob

I think you will find the BOD are in Australia. No ISAs there.

Holding back news would be an illegal act.

Try de-ramaping somewhere else.

GGP have just RNS'd some new results. Significantly the dates of submission to labs and reciept of results have closed.

We might get some news soon??

" with drillholes HAD133W10, HAD171 and HAD172 completed since the beginning of February 2023 (see Figures 2 and 3).

New assay results have been received for four new drill holes along with final assays for lower priority areas from three holes completed in late 2022"

https://tradingeconomics.com/commodity/iron-ore

UP 0.75%
$134.5 per ton

Price not seen since June 2022

Monogomy seems OK when your wife is DD cup.

Why seek out an anorexic?

:-)

Thanks 2020

You did mention it. My bad#

Put it down to advancing years, sorry :-(

2020

I assume on the ridges?

Which ones?

To be fair Livestock. I would use the term 'drift down' in the absence of news.

But, the company is in a much stronger position today than at any previous time in my view.

When news breaks the herd will pile in and an almighty surge (not spike) will happen.

I agree your eminence

But if not challenged, then conspiracy becomes embedded on the forum.

Just read GGP.. It's mind boggling.

Mark

Yes it could all be automated. No human involved.

It would of course be open to auto rapid sell.buy to fix the price by unscroupulous persons.

I quite like it as it is though.

Remember when a trade is NT, the dealer on the floor asks the MM for a price for let us say 10m UFO. He is given two prices. the MM does nor know if he is about to buy 10m or sell 10m . A buy price and a sell price.
It's only after the dealer on the floor accepts the price that the poor MM dicovers if he now has 10m UFO or needs to get some.

It's nice and human. and stops MM rigging the market. ( well not too much) :-)