Member Info for Max111

Huge beat.

China set a new record high in GDP during Zero-COVID lockdowns:
https://twitter.com/globaltimesnews/status/1615264605164670976

Huge beat.

China set a new record high in GDP during Zero-COVID lockdowns:
https://twitter.com/globaltimesnews/status/1615264605164670976

Iron Ore currently $120/t.

Twiggy says:
“Iron Ore is going to be stable $100-$130/t. That’s a reasonable return. You can replace capital with that & the steel mills across the world can make very good money from it.
China – 2.5 years of pent-up demand - 2023 will be a real turning point for the world."
https://www.youtube.com/watch?v=8WRpx84YNsA

Hanc0ck Financial Metrics:
Annual Average EBITDA US$62M
NPV US$206M

Plus scope to increase mine life from 8 to +30 years!!
Plus Brockman with est exploration target of 186 years mine life (using same Mining Rate).

Plus Elizabeth Hill & Munni Munni!

Investor sentiment appears to be shifting from battery metals to #Ironore

#UFO #AIM

Iron ore beats battery metals as China reopens - Mining Journal (http://mining-journal.com)
https://twitter.com/AlienMetals/status/1614958120429817857

@SteveNoMining you just missed a 50% gain over the last 2 months spouting nonsense.

And DGR1980 was spot on, "I'm sure he'll pop up again tomorrow when we dip a couple of hundredths of a penny to consolidate with a few more page long posts." LOL

Get ready for the news flow to start soon now that everyone WA is back.

On Friday, iron ore futures lifted US$1.07 a tonne or 0.9% to US$122.33 a tonne. Over the week iron ore rose by US$5.76 a tonne or 4.9%:
https://twitter.com/CommSec/status/1614721932469088256

On Friday, iron ore futures lifted US$1.07 a tonne or 0.9% to US$122.33 a tonne. Over the week iron ore rose by US$5.76 a tonne or 4.9%:
https://twitter.com/CommSec/status/1614721932469088256

On Friday, iron ore futures lifted US$1.07 a tonne or 0.9% to US$122.33 a tonne. Over the week iron ore rose by US$5.76 a tonne or 4.9%:
https://twitter.com/CommSec/status/1614721932469088256

On Friday, iron ore futures lifted US$1.07 a tonne or 0.9% to US$122.33 a tonne. Over the week iron ore rose by US$5.76 a tonne or 4.9%:
https://twitter.com/CommSec/status/1614721932469088256

China’s reopening should underpin commodity demand acceleration – Barclays
https://www.miningweekly.com/article/chinas-reopening-should-underpin-commodity-demand-acceleration-barclays-2023-01-13

China's southwestern industrial powerhouse Chongqing Municipality has set the GDP growth target at over 6 percent for 2023:
https://twitter.com/XHNews/status/1613866163385270278

"After bottoming out in October, iron ore prices have also U-turned, being one of the biggest gainers in the commodities complex from China's sudden shift away from its "zero-COVID" strategy and policy support for its ailing property sector."
https://www.nasdaq.com/articles/dalian-iron-ore-hits-17-month-high-on-china-demand-optimism

That must be @Upside20201 on board UFO taking pictures :)

Iron ore beats battery metals as China reopens.

The shift in sentiment is evident in two investment bank research reports circulated earlier today (Friday) with Goldman Sachs saying it preferred iron ore over battery metals.

https://www.mining-journal.com/miner-s-right/news/1446393/iron-ore-beats-battery-metals-as-china-reopens

Hanoc0ck is copying the Fenix contractor model. Fenix started with about 10mt, and now only have 4-5 years of mine life left with no scope to increase without making acquisitions.

The key to mining permit in the Pilbara is Heritage approval.
CZR got their mining permit within just 2 weeks of Heritage approval. However, they have no route to market and need to build port facilities at Onslow (Port Hedland too far for them).

UFO have ready access to Port Hedland Utah Point 600,000t with Element 25 deal. Plus should get own allacation soon also.

UFO transitioning from Explorer to Producer. Simple as that.

Replaced by Troy, ex-Anglo American & FMG key executive in project development.

of UFO.

@theannoyingdevil. UFO has over US$1bn worth of high-grade DSO iron ore in the ground at Han**** & scope to take current 8 year mine life to +30 years is clear.

Only you can answer if its a good time to buy, depending on your personal circumstances.
Personally, I've never been more bullish on the future.

"#China drafts an action plan to improve high-quality #property developer's balance sheet.
The regulators will focus on 21 tasks to guide them back to the safety zones. China will add another 150 bln yuan in special loans for securing project deliveries. 1/ thread"
https://twitter.com/Sino_Market/status/1613732612673245184

Good morning, iron ore futures lifted US24 cents a tonne or 0.2% to a fresh 6-month high of US$121.26 a tonne yesterday:
https://twitter.com/CommSec/status/1613632608860246016