Member Info for cjmorley

Had they submitted an application to mine with no guidance as to normal timescales to response, you would be the first to whinge.

You must live a very miserable life wents

wents

look at the words "clearance expected "

It is clear to all (except you), that at the time the staement was in good faith.

sorry
terible link.... please ignore. I can't delete it

Silver finished the week 23.46/23.56
A clear sixmonth high. https://www.kitco.com/charts/livesilver.html

Interesting to see how next week goes.

@Deanok

Yes silver testing it's six month high for a second time.

Maybe.... just maybe, that silver squeeze that has been predicted for at least 18 months is here. :-)

@GTM

Not sure what Prem has to do with UFO. clue 'it hasn't'

Bob, short for Robert has not taken over. Rod, short for Roderick has.

It's time you started reading more detail and stop posting DROSS

@gtm

Nothing.

AA are waiting for UFO to present them with a mining plan document. This in turn requires the 'permission to mine'.

All now waits on the burocrats in Australia to action the application. Detail of which available lower down the thread.

Iron ore moving nicely forward.

https://www.marketindex.com.au/iron-ore

Global demand will dictate the ore price regardless of destination

@ chris

I too was surprised by this figure

March to August 2021 Fe rose dramatically. But fell back.
Now I do expect as China opens up a significant rise, but >$200 is a big ask.

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

That said...... even at $100+ pt a very good profit is guaranteed. :-)

Steve & Wents

You both need to sell up (if indeed you hold any shares) and leave us mere mortals in peace.

Perhaps Rod could be encouraged to write to the authority requesting an update on progress?

I recall your Eminence saying earlier in the week that an RNS was due on Thursday?

I assumed that you were speaking excathedra and this knowledge had come from a higher authority :-)

I dissagree steve

When the 'permission' to mine drops the SP will start to fly. It will advance further as AA get on board etc.

https://news.sky.com/story/china-relaxes-covid-rules-even-further-in-sign-it-is-preparing-its-people-to-live-with-the-disease-12763153

@mremc^2
"NCM could buy or sell an asset where they have 70% "

I think you may be confusing 70% of company share holding rights

They are 70% JV partners only

If you remember the sixties Your Eminance

Then you missed it :-)

Polinvest

I think we have a realistic expectation that 'permission' will arrive Q4 this year. viz this month :-)

@Barret

I don't think the mining plan has yet been issued to AA to start the 60 day DD process.

We are waiting on 'permission' and as we know bureaucracies the world ove move slowly.

Ah well.

Set the alarm for tomorrow again :-(