Member Info for Max111

Good morning, iron ore futures rose by US$1.05 or 0.8% to US$130.49 a tonne yesterday following a drop in inventories at Chinese steel mills:
https://twitter.com/CommSec/status/1635369035075567616

Silver now up 6%. Palladium up 7%! Money Money :))

Time to start polishing The Karratha Queen - one of the most valuable silver specimens in the world from Australia's highest-grade silver mine UFO's Elizabeth Hill :)
https://www.youtube.com/watch?v=nc2h4bsxVPA

Good to see some shares being transferred from weak hands to strong hands. 5M buy just went through.

Key agreements were also signed today which will boost people-to-people ties between India and Australia:
https://twitter.com/narendramodi/status/1634146524685824002

Air pollution is so bad in India everyone is a smoker, causing 1.8M people to die every year!

Urbanisation in India is now going to increase rapidly!
This is why India needs UFO High-grade Iron Ore with low impurities, so they can reduce their steel mill emissions.
+UFO's PGMs for Modi's Green Hydrogen Global Hub plans.

They've now got their Satellite Office in Newman (short drive from Hanc0ck) set up :))))
https://www.karlka.com.au/blog/

This will definitely facilitate things.
No heritage issues, no headwinds that Rod or Management team sees. All looking very good.
Looking forward to a very good relationship with the Nyiyaparli People.

China just delivered world's largest container ship
https://twitter.com/CCTV_Plus/status/1633838956403101698

Ships are getting a lot bigger!

The larger the ship, the lower the emissions.
UFO's high-grade Iron Ore with low impurities will reduce emissions for steel mills.

Iron Ore is one of the most sought after commodities in the world.

Good morning, iron ore futures lifted by US$2.11 or 1.7% to US$129.48 a tonne yesterday as data showing higher Chinese steel output lifted sentiment:
https://twitter.com/CommSec/status/1633927293365256192

Good morning, iron ore futures lifted by US$2.11 or 1.7% to US$129.48 a tonne yesterday as data showing higher Chinese steel output lifted sentiment:
https://twitter.com/CommSec/status/1633927293365256192

Good morning, iron ore futures lifted by US$2.11 or 1.7% to US$129.48 a tonne yesterday as data showing higher Chinese steel output lifted sentiment:
https://twitter.com/CommSec/status/1633927293365256192

Good morning, iron ore futures lifted by US$2.11 or 1.7% to US$129.48:
https://twitter.com/CommSec/status/1633927293365256192

Of the world's most polluted cities, 22 are in India:
https://twitter.com/dw_hotspotasia/status/1630879049051516929

The deal with Anglo American requires hedging.

Fenix just fixed a hedge at A$171.17 for a portion of their production til end of this year.

UFO will also be using the Fenix contractor model which is actually designed to be turned on & off. The mining costs are higher than self-mining, but the risk is then on the contractors who do civil work also, so they can spread their risk across multiple projects.

Also remember UFO's strategy:
"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/

Demand for high-grade DSO will continue to remain strong since steel mills need to reduce their emissions. Eg India has 13 out of 14 of the most polluted cities on earth. With rapid future urbanisation, pollution going to be even more important for them.

A memorable morning in Ahmedabad! More power to the India-Australia friendship:
https://twitter.com/narendramodi/status/1633767437630943232

India has the most polluted cities on earth.

Now big push in India for Green Hydrogen & UFO owns 1 of Australia's largest deposits all consolidated & 100% owned with no more legal disputes which dated back decades.
Chalice Mining has Mkt Cap of $2.44Bn and sits on a Conservation Park and historic Pilgrim Route!
https://twitter.com/AlboMP/status/1633659462421712896

Good morning, iron ore futures rose by US4 cents or less than 0.1% to US$127.37 a tonne yesterday as investors weighed data:
https://twitter.com/CommSec/status/1633563270069252096

Good morning, iron ore futures rose by US4 cents or less than 0.1% to US$127.37 a tonne yesterday as investors weighed data:
https://twitter.com/CommSec/status/1633563270069252096

Good morning, iron ore futures rose by US4 cents or less than 0.1% to US$127.37 a tonne yesterday as investors weighed data:
https://twitter.com/CommSec/status/1633563270069252096

Good morning, iron ore futures rose by US4 cents or less than 0.1% to US$127.37:
https://twitter.com/CommSec/status/1633563270069252096

If you are sensitive to Iron Ore Futures don't look!

Dalian iron ore climbs as markets bet on bullish steel demand outlook
https://www.nasdaq.com/articles/dalian-iron-ore-climbs-as-markets-bet-on-bullish-steel-demand-outlook-0