Member Info for Max111

OK 5x5Croire, you go ahead and invest in mining projects that sit on a Conservation Parks with locals actively campaigning to stop development.

I will invest in the Pilbara.

All about E.S.G.

5x5Croire, when did they make their discovery? See their share price on Google. It will give you an indication.

That's what JV's are for.

Also no way Chalice will be permitted for mining when Munni Munni is in the Pilbara with Mining Lease. Munni Munni will be mined first. When there is no other choice, Chalice might then get the go ahead.

5x5Croire, Chalice only made their discovery 3 years ago, so doesn't make sense to say we are 4 years behind them.

Also years have been spent previously on Munni Munni, but due to Palladium crashing to $250 and legal disputes it didn't work out.

Now all legal disputes settled and prices very economic.

Well bob, your posts just illustrates investors lack of awareness of the global significance of Munni Munni. So I guess I will have to keep reminding people.

It's a very clean deal for JV. Now the new US agreement will facilitate this.

"This is about creating an enormous opportunity for Australia and I can't underline how significant this is," Albanese

The deal will be "very, very positive," for Australia which is seeking investment from allies to grow its critical mineral processing industry, as it also builds up green hydrogen for export, mining billionaire Andrew Forrest said.

Yes I remember Mexico very well. Mid Tier Capstone Mining took an interest in Donovan 2 even prior to any drilling and out the blue we get an Exclusivity Agreement with commitment for $10M funding to deliver Prefeasibility Study.

Munni Munni has already had $20M spent and a JORC and with current PGM prices highly economic. Plus its in the Pilbara, not Russia (which has global dominance in palladium).

Australia wins U.S. support for critical minerals industry:

https://www.reuters.com/markets/commodities/australia-gets-us-backing-critical-minerals-industry-2023-05-22/

Australia has won the backing of the United States for development of its critical minerals industry & also Green Hydrogen which relies on some of the rarest critical minerals on earth = PGM

Supported by $369bn Inflation Reduction Act (IRA) funding.

Very, very positive for UFO which 100% owns 1 of Australia's largest PGM deposits with whole region now consolidated with grid power & Mining Lease ready for rapid development. Chalice has Market Cap of $3bn but sits on a Conservation Park and historic Pilgrim Trail with no Mining Lease.

Iron ore extends rally

https://twitter.com/Directors Talk/status/1659495584062132226

Good 7 mins clip on why SA can't keep the lights on

https://twitter.com/BBCRosAtkins/status/1656898915638149121

Thankfully UFO 100% own 1 of Australia's largest PGM deposits with grid power & mining lease (Chalice has Market Cap of $3bn and sits on a conservation park with no mining lease).

New port of NEOM is now open for business:

https://twitter.com/NEOM/status/1658812753958584320

It will be one of the world’s most technologically advanced globally competitive logistics hubs.

This will significantly facilitate in building The Line = 2 skyscrapers taller than the Empire State and 170km long!

Looking forward to the steel beams going in non-stop for over a decade!

Currently cheaper to buy than to sell, so can make an easy arbitrage profit.

More importantly, ever time this happens, SP moves up.

Also looking forward to some good news soon.

Going through the trades manually with a calculator, which only took a min shows more buys than sells.

Plus L2 showing MMs wanting to buy more than sell.

I'm not falling for this fake drop.

MMs taking us down -4.49% on just a 1.5M (£6,465) sell = fake drop.

Exercise of Options

https://www.londonstockexchange.com/news-article/UFO/exercise-of-options-and-issue-of-equity/15959045

UFO receives £20,356 cash in the bank for issuing 8,142,373 shares to someone who just exercised their options with a current market value of £37,048.

Pretty insignificant, but a regulatory requirement to issue RNS.

Platinum demand predicted to surge this year, leaving a near 1-million-ounce deficit:

https://twitter.com/CNBC/status/1658080002947051522

Platinum demand predicted to surge this year, leaving a near 1-million-ounce deficit:

https://twitter.com/CNBC/status/1658080002947051522

Latest Interim Results RNS 27 Sep 2022 stated as at 30 June 2022, the Company had US$3.0 million cash.

Plus they raised £1.5 million (US$1.88M) on 8th Sept.

Total = $4.88M

But since only did a round of drilling at Elizabeth Hill & Hanc0ck. So plenty of cash.

Oz Minerals: World's first⚡️electric Road Train with swappable battery (4mins).

https://twitter.com/memialabs/status/1657869648249978882

Set to revolutionise hauling across Australia.

=Greener & much cheaper.

Iron ore gains on improved steel demand

https://twitter.com/Directors Talk/status/1658062962068983810

Shares got transferred from the impatient trader to the bargain hunters = x2 1.5M buys just went through.

Alien Metals renegotiates Mallina tenement acquisition deal

https://twitter.com/Directors Talk/status/1656962430654906372

Yes Chrisatbirdies. Also good to check out Alien Metals 2 recent Linkedin posts which happen to be the posts that the Sourcing and Origination Manager, Iron Ore at Anglo American likes ;)