Member Info for cjmorley

It seems our resident trolls are talking to one another.

a circle ?erk?

Https://tradingeconomics.com/commodity/silver

"Silver prices were near $24 per ounce, remaining well above the two-month low of $22.8 touched on May 25th amid persistent concerns about tight supply. Regulatory changes in Mexico will make it harder for mining giants to be rewarded mineral concessions, threatening companies to reduce investments in new projects and jeopardizing output from the world’s top producer. Additionally, silver production out of Peru contracted by 7% year-on-year in the first four months of 2023. Current production levels drove multiple market players to flag shortage concerns as the transition to renewable energy sources lift demand for solar panels and electric vehicles, both in need of silver. In the meantime, the Federal Reserve is largely expected to pause its tightening cycle in its June meeting, supporting bullion assets."

The three year low is $83. there are no signs of a return to this level.

But....Even at this low price, we have a very profitable business. At >$100 we have a real money spinner. :-)

Https://tradingeconomics.com/commodity/steel

Steel rebar futures fell to CNY 3,690 per tonne, edging lower from the seven-week high of CNY 3,710 touched on June 9th as markets continued to weigh on concerning data from China’s essential property market against hopes of consequent stimulus rollouts from the country’s government. Goldman Sachs issued a warning that weakness in China’s real estate market is likely to remain in the coming years, adding that the government will attempt to reduce economic and fiscal reliance on construction activity and refrain from granting property-specific stimulus. The forecast follows a note from Citigroup stating that steel demand in China is unlikely to rebound on the back of weak construction activity. The underwhelming recovery since the country’s reopening from lockdowns drove Beijing to consider capping crude steel output at 2.5% below the prior year’s level in 2023, supporting prices.

"Steel increased to a 6-week high of over CNY 3700 per tonne amid growing hopes that demand in China may accelerate at the end of the second quarter. Fresh data showed that iron ore imports in the world’s top consumer and producer rose by 4.5% year-on-year last month, suggesting that a pickup in demand for steel drove producers to increase input buying. The data added some respite following mixed PMI results and concerning levels of real estate investment, which in turn spurred bets that the Chinese government may roll out hefty sums of stimulus in the economy. The underwhelming recovery since the country’s reopening from lockdowns drove Beijing to consider capping crude steel output at 2.5% below the prior year’s level in 2023."

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

$115.5

up 3.13%

no bob when i respond to you. i call you a ****t

this is how you will know

Max... Bob is a troll. He just hooked you into responding again.

Please ignore it/her/him.

It is in the ground frank... think of it as money in a very safe vault.

We will soon be able to make withdrawals :-)

May I add.

Silver is back over $24.30. Looking good all around?

https://tradingeconomics.com/commodity/silver

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

$112 up 2.75%

At $60 we would make a small profit. Anywhere near or over $100 we are 'quids-in'.

Everythong points to 120 to 150 in the next twelve months.

Please don't continue to feed this trol

The S&P/ASX 200 Index rose 0.4% to above 7,150 on Wednesday, recouping some losses from the previous session as risk sentiment improved, with technology and mining stocks leading the advance. On Tuesday, the Reserve Bank of Australia lifted the cash rate to an 11-year high of 4.1%, saying the hike would provide greater confidence that inflation would return to the target within a reasonable timeframe and that some further tightening may be required. Investors now await Australian GDP data on Wednesday to guide the economic and monetary policy outlook. Technology stocks posted strong gains, including Xero (1.1%), Block Inc (4.9%) and Appen (2.7%). Heavyweight iron ore miners also advanced such as BHP Group (1.1%), Fortescue Metals (1.7%) and Rio Tinto (0.5%).

@napthman

30th may 2023 6:30 pm rns replacement directors dealings

24th may 2023 4:49 pm rns directors dealings

16th may 2023 12:20 pm rns exercise of options and issue of equity

5th may 2023 7:00 am rns renegotiation of mallina acquisition

2nd may 2023 8:20 am rns resource definition drilling - sirius extension

26th apr 2023 7:05 am rns elizabeth hill and han**** project updates

26th apr 2023 7:00 am rns chairman appointment and board changes

hardly silence is it?

and yes.. i am sure a lot is going on in the background.

I was concerned at RMc sale of UFO last week. Not helped by Tacet's usual conspiracy theories dressed up in techno barble.

The purchase of £50k of TMOR and the need to raise 50% from other investments is understandable.

So, let us all relax and await the news.

PS.. on 3 May KNACK news letter for April was released. Therefor May's letter is due

Up 4.5%

$104.5

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

My post 19:05 yesterday I said "Then buy £5,000,000 aprox of TMOR today. "

It was of course £50,000. Sorry

It seems very odd to sell £21,000 of UFO last week. Then buy £5,000,000 aprox of TMOR today.

What is he up to?

Bobs a troll

Please ignore it. It has no meanigful contribution.

Read carefuly these two documents. The application to the west Aus govmnt

https://geodocs.dmirs.wa.gov.au/Web/documentlist/8/ML_NUM/M47%2F1633

Now read Allwinerspaid research post. I have copied it here for you. Thanks to AWP.

"Ok so as always I've been digging..... where? you may ask.

Ive gained access into the official Government of Western Australia Department of mines, Industry regulation and safety database.

This gives access to realtime data where one is able to see the progress of applications and information regarding these in more detail.

so to save you all from holding your breath EVERYTHING is on track. This might be important considering Rod sold a small chunk which is more likely because the Proposed RTO with TMOR wasn't as smooth as he had hoped due to various external factors.

So here goes..

according to the database, the procedure for the tenement M47/1063 started on 05/05/2022

However, it was only referred to the Native Title on 07/09/2022 (WHICH WAS THE EXACT DATE ROD WAS APPOINTED!!!)

CURRENT STATUS: RTN in progress (Right to negotiate...with knac)

SECTION 29 NOTIFICATION DATE: 30/09/2022

(section 29 The Act requires that any relevant native title party, the registered native title body corporate, the Aboriginal/Torres Strait Island representative body, the National Native Title Tribunal and the applicant be notified of the State's intent to grant a right to mine over land that is subject to native title)

Grantee party sec 31 Letter sent:12/10/2022

(A section 31 deed will also be executed by the grantee party, the native title party and a representative for the State= Right to negotiate)

ILUA statutory declaration required? NO ( Indigenous Land use Agreement ,,,, addressing compensation payments to the native title group, for example, non-monetary compensation such as employment opportunities or transfer of freehold lands)

This application is a Section 67 conversion of part of E47/3954 which covers the whole tenement oiutside the red BOX see presentation P8

( section 67,Holder of exploration licence to have priority for grant of mining leases or general purpose leases)

From the above information we can see why Bill was booted out as he did not ensure the correct procudures as they should hence the delays .. its fair to say that Rod did do his job and that he has proved himself to be deal maker and you can also add the Mallina tenement renegotiation to that which grants us access to the great northern highway.

The current approval for the haul road is also pending....

Rod was clearly confident since he lodged the applications himself enough that he invested over £500k shortly after.

yes, timelines have been stretched but i'm still confident this will go through.

Its a lot of information to digest so hit me up anytime on Twitter or telegram if you have any questions..