Member Info for Max111

@Wolfy. Enjoy your thoughts on how many shares I own.

Native Title & Port Allocation recently executed.

You will very soon see Hanc0ck derisked rapidly with Mining Licence + DFS which will then allow for funding.

Sit back and look forward to your 2p target = over 10 bagger from here. ATB

Iron ore prices and China's imports drive optimism in the market

https://twitter.com/Directors Talk/status/1751928438104195170

Why chirpy? Simples. Hanc0ck is about to turn into a mine! Then we will hit your 2p target.

Why are you upset when something you want to buy gets cheaper?

Also I am happy that shareholders will benefit from previous CEOs not receiving over half a billion share options!

New CEO (who is hopefully not camera shy) to be announced shortly with loads of news on the pathway to massive FCF.

STRATEGY!

@Wolfy. You are welcome. Not sure why you want to know about my personal financial information.

Looking forward to hitting your 2p target.

Iron ore prices in China hit a three-week high on Monday:

https://www.nasdaq.com/articles/dalian-iron-ore-climbs-to-3-week-high-on-china-demand-hope

Would people have patiently waited a whole month until after Australia Day for news?

Anyway, we are here now :)

Also, it was flooded in Newman until just 4 days ago due to the storm. Miners getting back to work now.

MinRes Onslow Iron project:

https://www.youtube.com/watch?v=6iweXwHsUT8

Onslow port opening this year is great news for Brockman (est exploration target 233Mt) & Vivash Gorge.

Also UFO Hanc0ck project is a very important strategic asset for MinRes. Unlocks MinRes Sirius 124Mt "Stranded Deposit".

UFO can charge transit fees :)

@Wolfy, if there were any material news to announce. UFO would have had to announce.

Strategy.

@Wolfy. UFO will soon be fixing the hedge price, so Iron Ore futures are very relevant.

Regarding the new CEO, UFO just saved on one month's CEO salary ~£20k (~£240k/year).

Some would have rushed to announce everything prior to Christmas and dead January. What would have been the point of that?!

All the news is yet to come back to back along with market capital flow. Strategy.

Mining Licence is key and due very soon.

DSO Iron Ore is actually best place to be in the metals market.

Remember, RNSs stating Operating Costs in line with Scoping Study of $60/t FOB.

Citi tips iron ore at $US150:

https://www.afr.com/markets/commodities/citi-tips-iron-ore-at-us150-on-china-hopes-20240129-p5f0rd

Iron ore prices have started the year strongly, and it’s more than just optimism over #China’s stimulus measures, with strong fundamentals such as the likelihood of near record imports in January and still low inventories.

https://twitter.com/ClydeCommods/status/1751845789486481580

On DCE Iron Ore just closed @¥998.5/US$139.05/t

@Chris2, I think you have definitely gone over your "Like 10 minutes a month" spend on UFO BB.

You need to wait til next month to post.

Try to enjoy your weekend. ATB x x x

"Stockhead reports that the outlook for silver in 2024 appears promising, as anticipation of a Federal Reserve pivot in monetary policy this year is expected to lead a supportive market flow for silver.

Additionally, silver may benefit from an improving economy, particularly in the industrial sector. It is reported that silver prices will rise due to lower interest rates, increased physical investment, ETF purchases, and higher industrial demand.

Silver is seen as having the potential to outperform gold during a rally phase, catching up to gold's price moves.

#silver #alienmetals #mining #UFO #investing #AIM #LSE"

https://twitter.com/AlienMetals/status/1750876308660183053

Iron ore set for best week since November

https://twitter.com/Directors Talk/status/1750873735878639775

@normbeef. Do you want to keep previous CEOs with over half a billion Share Options? Why?

You want to mine silver when it's currently $22.84/oz? Why.

You want to spend money in Mexico? Why? Azure were in same situation. Dropped Mexico when it got difficult to get anything done there, then bought 60% of Andover in Karratha and now their Market Cap is $1.66Bn.

Read corporate strategy. Priority now is cash from DSO at surface. Simples. ATB

@Chris2. Good luck with your spread bet short or buying back in later at much higher prices. Good night x x x

@Chris2, you literally spent all day reading & posting here. Why? Please explain.

@normbeef, not sure how you expect to mine without Native Title & Port Allocation.

You can't buy them for love or money.

Those are now in the bag and will be a huge barrier to entry for anyone else trying to enter the market.

Even Rio Tinto can't start planned mines due to the more involved Heritage process.

Anyways, if you are a real LTH, then chill out a bit and look forward to the new management team. ATB

@Chris2. You still haven't answered why you spend all your free time here and not on any other share.

Waiting for your reply.

@normbeef. Of course they needed KNAC agreement before DFS. The Agreement has the royalty payment to pay to KNAC etc.

They also need the Mining Licence which will also state mining royalty payments.

All due very soon.

You said you are a large LTH and said something along the lines of "have enough shares to sink a ship".

You also said you wall assess in 2025. If that's correct, very strange behaviour.

For your sake, I do hope you have a large holding, since not easy to build one when everyone else tries at same time. ATB.