Member Info for Max111

Yes 100% @Prospector.

Just waiting on the Mining Licence (due very soon) and our Port Hedland allocation starts Q4.

Not much Troy could do now since he has already lined everything up with the contractors REGROUP & Rapid Crushing and executed the Native Title Agreement etc.

No point paying him ~£20k/month (~£240k/yr) on CEO wage. Better for him to work with Rod for now, especially since he is a middle manager and camera shy, rather than CEO material. Also save on his "260 million Performance Rights to Troy Whittaker"!

And as you say, Alwyn Vorster and Guy Robertson are more than capable of handling all executive functions & interim support. Just a little more patience is needed and everything will kick off very soon.

@Wolfy. I don't give financial advice. But you can either buy now or wait to see who the new CEO is, then choose buy (same as everyone else). Or just wait for your 2p target. Up to you.

Silver price forecast 2024: Yields confirm upside potential

https://twitter.com/Directors Talk/status/1747636397652197420

"The price of silver will move to our first bullish target in 2024 which is $34.70. We predict $48 to be hit either by mid-2024 or mid-2025."

Strange no Tweet about it. But what I do like about the Linkedin posts is seeing the key industry people liking the Linkedin posts.

There were some interesting people an the previous post.

China Domestic steel prices are strengthening

https://www.youtube.com/watch?v=53CsByA6cg0

"National steel prices have strengthened this week, and futures prices have continued to rise during the week, driving spot prices to follow suit."

"Thurs RNS"

China is considering selling $139 billion of special sovereign bonds in yet another bold stimulus effort, sources say:

https://twitter.com/economics/status/1747180812397691368

This is in addition to the ¥1Trillion #infrastructure stimulus announced at end of 2023.

China is considering selling $139 billion of special sovereign bonds in yet another bold stimulus effort, sources say:

https://twitter.com/economics/status/1747180812397691368

This is in addition to the ¥1Trillion #infrastructure stimulus announced at end of 2023.

China is considering selling $139 billion of special sovereign bonds in yet another bold stimulus effort, sources say:

https://twitter.com/economics/status/1747180812397691368

This is in addition to the ¥1Trillion #infrastructure stimulus announced at end of 2023.

China is considering selling $139 billion of special sovereign bonds in yet another bold stimulus effort, sources say:

https://twitter.com/economics/status/1747180812397691368

This is in addition to the ¥1Trillion #infrastructure stimulus announced at end of 2023.

Interesting post Sinter. Please keep posting.

I too am very interested in the Lithium potential at Pinderi Hills.

The outcropping pegmatites at Azure Minerals (which went from Mkt Cap $70m to $1.7bn in 2023) stand out of the surrounding host rocks which are Mafic-Ultramafics.

UFO has matching Mafic-Ultramafic intrusions and the pegmatites have been mapped out using a desktop assessment - Page 24 of Corp Presentation https://www.alienmetals.uk/wp-content/uploads/Coprorate-Slide-Deck-Dec-23.pdf

I was very surprised to see the name change from Munni Munni to Pinderi Hills and I think Lithium is the reason why.

This will add a lot of extra rocket fuel in 2024 for the new CEO. Everything set up for this year.

Just waiting on the Mining Licence now.

CZR were granted theirs very soon after they executed the Native Title Agreement.

Last WHI Research Note stated no impediments to the granting of the Mining Licence now Native Title is in place.

@Gunster. I would prefer a good CEO, rather than someone to come in that was just available.

Won't be long until Alwyn Vorster announces. Then UFO set up for fantastic 2024. Everything lined up.

Dear Huldiiii. When I did say, "several times that there won't be a placing"?? This is AIM. Hello.

But I have repeated things like "UFO funded through to FID". Which it is. That's is not the same thing as saying no placings.

Also not all placings are bad. Especially if it will be the last one with hedging & offtake in place for guaranteed FCF.

But the "LTH Traders" and the "Panic Selling Trolls" here have all positioned for a placing next week (and have been saying the same thing for over a month). IMO there won't be one before re-rating news. Who would invest in a company without a CEO?

The fake LTHs that want to play CEO would have announced everything before Christmas and the dead first half of January! Lol.

Troy has been a great team player in leaving everything in the tank for the next CEO to fire out and have a stellar 2024.

Anyways, I will let the trolls fantasise all weekend here about all the things that didn't happen and a placing next week and also the world's most incompetent CEO taking over the reins and destroying everything the team have work so hard in achieving :)

What problem? Please explain.

@GoingtomoonUFO, what's the problem. What happened?

@Wents. I will say again, I am a LTH investor with a long-term time horizon. I have said that from my very first post and unlike others have been 100% consistent all the way throughout on my position. And I will be backing UFO all the way to production.

It's DSO at surface. Not rocket science!

BTW I have never actually said there will be no placing since this is AIM. So I don't know why you keep saying that.

But the way I see it is that the IOCA now getting set up with new management team. Then announce DFS (which made CZR's SP double after announcement), then Mining Licence & rerate again, then all you have to do is put a ribbon on it and Miracle Iron or MinRes buyout IOCA with cash or get financing. Simples.

@Wents. You have known me long enough to know I'm not a paid ramper and actually a genuine investor (one of the few here).

You are positioning for a placing and saying the same thing, but UFO about to kick off 2024 with new executive management team, Mining Licence, DFS and possible IOCA buyout by Miracle Iron ore MinRes.

FYI, I can currently get quotes to sell 13M shares all in one go. That tells me all I need to know.

Mining Weekly mentioned today that China's iron ore imports hit a record high in 2023, up 6.6% from the previous year at 1.18 billion metric tons. This is due to increased demand, no steel output caps, and higher steel exports.

https://twitter.com/AlienMetals/status/1745789786789433852

@Gunster, as a shareholder, in your opinion, when do you think the new executive management team are expected to commence?

Monday seems very likely to me.