Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Sector definitely improving with people looking to gain exposure to commodities such as gold, silver, iron ore & copper.
Going to be a great year for us.
Should I buy these UK shares for my portfolio?
https://www.fool.co.uk/2024/04/16/should-i-buy-these-uk-shares-for-my-portfolio/
"When I scout for new additions to my UK shares portfolio, I gravitate towards market trends. Currently, commodities are in the spotlight. While some, like gold and silver, have already surged, there’s still significant potential in other base metals such as iron ore and copper."
Iron Ore prices surge on reduced shipments and stimulus hopes
https://twitter.com/Directors Talk/status/1779819718611972466
SPOT SILVER RISES 3%
https://twitter.com/DeItaone/status/1778776351765340627
Also smart money is getting into platinum.
This 40 year chart shows how closely platinum and silver moves:
https://twitter.com/graddhybpc/status/1646079773339164673
UFO has in situ nearly US$1bn platinum (at current price) all open & depth & along strike.
If silver doubles, then so should platinum (which is 30x rarer than gold and mainly only found in high-risk Russia & S.Africa).
UFO New Director Rob Mosig (ex-Helix Resources & Platina) previously brought in Lonmin Plc/Sibanye to invest $20M.
The Munni Munni PGM & Gold project (now first time in 30 years 100% consolidated) is completely under the radar at the moment.
It will be a fantastic year for us.
Yes, as soon as $30/oz becomes support and not resistance, then the re-rate on Elizabeth Hill (Tier1 Australia's highest-grade silver mine) is huge. Currently price in at zero in the market cap!
David Morgan explains it well:
https://www.youtube.com/shorts/-1CKD41ebjM
"Iron ore headed for a weekly gain of about 10% on speculation that China’s economy may be on the mend"
https://twitter.com/business/status/1778623090773180532
"⚡The most active Shanghai #Silver surged over 3% on Friday, to above 7,400 yuan per kilogram."
https://twitter.com/Sino_Market/status/1778615254844670087
"#Silver now hitting some fresh highs. The $30+ an ounce magnet keeps pulling..."
https://twitter.com/goldseek/status/1778522237257257355
"#Silver now hitting some fresh highs. The $30+ an ounce magnet keeps pulling..."
https://twitter.com/goldseek/status/1778522237257257355
"#Silver now hitting some fresh highs. The $30+ an ounce magnet keeps pulling..."
https://twitter.com/goldseek/status/1778522237257257355
Smart Money Clearly Moving Into Silver Market | Peter Krauth
https://www.youtube.com/watch?v=5CYuC8AHyaE
Peter Krauth explained normally takes 10-15yrs to bring online new supply.
Thankfully UFO 100% owns very rare highest-grade primary silver mine in Tier1 Australia!
"Alien has erected headframes over both existing shafts and has purchased necessary equipment for dewatering, camp construction and mine re-opening."
Mining Lease already in place.
I noticed a Bed & ISA go through this morning at 09:58am for 3M shares. Easy to spot since they go through at full bid and get bought back at slightly higher price.
Mine + my wife's Bed & ISA totaled to just over 30M shares.
I've been doing Bed & ISAs every year since 2021 and have always seen them on LSE (hence why I gave a heads up).
This is the first time I haven't seen a transaction being reported on LSE.
I don't think they consolidated them, since there where only 2 large transactions at 25M (which were buys that sent the SP flying straight after).
MMs have oversold & short.
@CJ. I'm looking at my account and it's showing it went through at 09:29am on 8/4/24.
I can Twitter DM anyone who wants to see proof.
I called up my account and they said since it’s a nominee account, not all trades are reported on the London Stock Exchange as per the terms & conditions. But he has assured me the shares are there (which I can see on my account).
He also said they will show on my quarterly statements.
Sounds to me that they have lent out my shares hence why they can’t sell & buy back.
People were expecting placing with new shares. Instead Funding Facility. Therefore, they are short.
@Steve. You yourself posted you sold and are looking to buy back in at placing (but after a placing hoping it will drop below placing price).
But instead UFO secured Funding Facility up to $2M and Mining Lease & JV deals coming through first with significant re-rates. ATB