Member Info for Max111

@Unclejim, what has a silver bull run got to do with Iron Ore Company of Australia's newsflow in transitioning from explorer to producer?

I really don't understand why people need constant hand-holding.

Website & corporate presentation were all updated a few weeks ago if people need further reassurance.

Iron Ore related Tweet out today.

What more do you want?! UFO is only a small company, currently.

Also need to go back an listen to Rod's motives for investing over half a million pounds into UFO.

We have now caught up with that down period and now going into a very newsflow heavy period.

@Goingtomoonufo, welcome to the market post 2020.

Why are you disappointed? Were UFO wrong to focus on Hanc0ck and drill it out, develop a resource and employ Mining Plus (who developed Fenix) to put it into production.

Even though Elizabeth Hill has bonanza silver just 1m down, I prefer to keep it in the ground rather than sell it for peanuts at $23/oz.

Sounds like UFO are getting ready to announce something.

Ukraine Recovery Conference starts in London in push to rebuild Ukrainian economy

https://twitter.com/BBCPolitics/status/1671427705001193472

@goingtomoonufo, if you are a "shareholder" it's worth reading the company strategy:

"work at the companies other projects, particularly elizabeth hill, continues in the background, so that they are well positioned to be quickly accelerated into production when the the capital from han****’s production becomes available. this will allow the company to develop multiple income streams, spread across multiple commodities, protecting it against price fluctuations in a single commodity and thus providing a relatively stable and constant revenue."

https://www.alienmetals.uk/about/

thank goodness again for our very experienced management team making the right decisions.

worth "shareholders" actually reading the company strategy:

https://www.alienmetals.uk/about/

very simple:

"work at the companies other projects, particularly elizabeth hill, continues in the background, so that they are well positioned to be quickly accelerated into production when the the capital from han****’s production becomes available. this will allow the company to develop multiple income streams, spread across multiple commodities, protecting it against price fluctuations in a single commodity and thus providing a relatively stable and constant revenue."

more than happy to wait longer and get more leverage and sell our silver at triple digits whilst we focus on selling dso at surface with a massive margin.

sirius dso lab results hopefully this week & then mre update.

thank goodness ufo have a very experienced management team running the company, rather than people on lse chat!

Before Q3's news of:

Deal with Anglo signed & Native Title Agreement Signed

We should get the lab results for Sirius Extension (hopefully next week) which was completed nearly 7 weeks ago.

See RNS 02 May 2023

https://www.londonstockexchange.com/news-article/UFO/resource-definition-drilling-sirius-extension/15939203

Then Updated MRE on Sirius Extension

https://www.alienmetals.uk/wp-content/uploads/0423-UFO-presentation-Rev-6-3.pdf

You can see recent shipping rates here:

https://www.ssyonline.com/free-charts/bulk-carrier-freight-rates/#

Click on Iron Ore, then it's the bottom right red dot.

Sorry this website doesn't like the "less than" symbol and didn't post the rest:

Good to read the recent Corporate Presentation which gave Operating Costs at (less than) US$60/t (FOB Port Hedland)

https://www.alienmetals.uk/wp-content/uploads/0423-UFO-presentation-Rev-6-3.pdf

Recent Shipping Rates as of 2/6/23 = just $7.55

Huge margin to be made.

Good to read the recent Corporate Presentation which gave Operating Costs at

Good to read the recent Corporate Presentation which gave Operating Costs at

Iron ore and steel near 7-week highs & likely to cut key loan prime rates next week & DXY Dollar downward trend:

https://twitter.com/CNBCTV18News/status/1669575148977131520

New 9-day high & Bullish Harami Cross Buy Signal generated

https://twitter.com/NewforestStock/status/1669404735210766336

Sorry shorters

Nice to see UFO's neighbours in our Pilbara region doing well recently.

Eg Greentech Metals Ltd just moved up 214.29% today!

Also nice to see a £20k buy.

Getting closer to news. "Consider yourselves warned!"

Yes, technological progress going to be on a sci-fi level soon.

Google has their own AI called Bard, and Bing uses a restricted version of ChatGPT. But you never know, Google might become the next Yahoo!

That's why I personally don't invest in Tech companies and prefer commodities.

No AI can imitate the properties of Iron Ore, which machines, infrastructure & modern life depends on.

Middle class in Asia is expected to increase from 2 Billion to 3.5 Billion by 2030 and AI will just facilitate this.

Iron ore futures extend gains

https://twitter.com/Directors Talk/status/1668970556761444353 (delete space)

Yep, after seeing for myself how power a tool AI is, I am now quite confident of the necessary reindustrialisation of the West (we can't continue to rely on China making everything for us).

Anyone who hasn't used ChatGPT, I highly recommend you give it a try and see for yourself or at least watch some videos on YouTube showing what it is capable of.

AI is a game-changer and probably the most important tool since the industrial revolution.

But first need the Iron Ore for all the machines & gird power to get the world to the ideal automated sustainable level.

@Norm, I agree the Fed is a corrupt organisation, but don't' agree when you say, "So in my opinion they will actively push the US economy over a cliff".

It's about keeping the corrupt US elites in power & influence.

US election cycle coming up. So will they continue to tighten right into it all the way to the election?!

No, they will soon start their easing cycle and do everything they can to keep their man in.

Https://www.fool.com.au/2023/06/14/why-are-asx-200-iron-ore-shares-smashing-the-market-today/

China's stimulus package & rate cuts💰

Fed easing cycle coming

@GoldmanSachs buy recommend on @BHP & @RioTinto

I've been seeing some Aussie explorers make some big moves recently. Tide is turning.