Member Info for Max111

And another 2M buy. Chris2 was that you?

myavian trying to deramp to buy back. Haha

@myavian, were they your x2 2M buys that just went through a few mins ago?

@BBaggins, it's not the company that needs to raise cash. UFO have around $4M cash in the bank. It's an individual exercising his/her options. The amount is insignificant.

Interestingly there are hardly any of the cheap warrants/options left.

https://www.londonstockexchange.com/news-article/UFO/exercise-of-options-and-issue-of-equity/15738620

Options exercised. UFO receives £6,250 in the bank for issuing 2,500,000 shares (market value £11,500).

Silver & markets finding J Powel dovish.

J Powel made it clear that he will be easing on the pace of rate hikes. Dec 0.75% off the table :)

When asked near the end why he doesn't go more aggressively he said:
"I think we have been pretty aggressive. We wouldn’t just raise rates and try to crash the economy and then clean up afterwards. I wouldn’t take that approach at all. I think we are in a position where the right thing to do is to move really quickly as we have and NOW slow down and get to that place where we think we need to be."

Nasdaq surged 3%.

Yes of course. However, their economy is suffering due to lockdowns. The only way for them to achieve their 5% GDP growth target next year is to reopen. No other way possible.

Some suggesting late March 2023
https://twitter.com/CNBCi/status/1597878103359070211

China will gradually relax Covid containment measures over the next seven months, resulting in a full reopening by mid-2023, Bloomberg Economics forecasts:
https://twitter.com/markets/status/1597885570721746946

China will gradually relax Covid containment measures over the next seven months, resulting in a full reopening by mid-2023, Bloomberg Economics forecasts:
https://twitter.com/markets/status/1597885570721746946

China will gradually relax Covid containment measures over the next seven months, resulting in a full reopening by mid-2023, Bloomberg Economics forecasts:
https://twitter.com/markets/status/1597885570721746946

China will gradually relax Covid containment measures over the next seven months, resulting in a full reopening by mid-2023:
https://twitter.com/markets/status/1597885570721746946

Iron ore prices climbed on Tuesday propped up by China’s moves to ramp up support for struggling property developers.
https://twitter.com/mining/status/1597646296868917248

"It has been an exceptional eight hours; to witness first-class discussions on various mining topics, from sustainability, ESG, investment in mining, the energy transition, market trends, and so much more. See you at day 2!"
https://twitter.com/MinesAndMoney/status/1597649249042419714

A glimpse of the Mines & Money event today:
https://twitter.com/PolitPlato/status/1597558753859076097

UFO Investor Drinks starting now. Real investors enjoy :)

Update: Anglo American up over 4%!

Actually, I'm not sure if UFO have a booth there for the whole event, so check before travelling.

But UFO's largest shareholder & backer Richard of Bennelong (who made a fortune after he created Aztec Resources which became an iron ore producer in 2007 after Mt Gibson’s takeover bid for $300m) is a Panellist today:
KEYNOTE PANEL: OVERCOMING THE CHALLENGES OF SECURITY OF SUPPLY. HOW IS EUROPE AND THE EU RE-EVALUATING SCARCITY OF MINERALS SUPPLY GIVEN THE UKRAINE-RUSSIA CONFLICT?
https://minesandmoney.com/london/speaker/richard-shemesian

Munni Munni :)

Hi Cj. UFO attending https://minesandmoney.com/ today - 1st December.

Last event was the 121 Mining Investment Event.

Remember the guy that got up and ask about percentage of director ownership?

Well Rod just invested half a million pounds and now owns 2.5% of UFO!
Employees & Geo's on the ground have loaded up.

Skin in the game box is fully ticked which makes UFO more attractive to Investors & Instos at Mines & Money conference today - 1st December.

The non-invested need to ask themselves, do they buy before the Instos or after? Hmmmm

China-focused firms rally on hopes of reopening
https://www.thetimes.co.uk/article/china-focused-firms-rally-on-hopes-of-reopening-30k3rptw7

London’s blue-chips miners rally! :)
Junior UFO Alien Metals which will be a low-cost producer of premium high-grade Iron Ore is up over 10%.

China-focused firms rally on hopes of reopening
https://www.thetimes.co.uk/article/china-focused-firms-rally-on-hopes-of-reopening-30k3rptw7

London’s blue-chips miners rally! :)
Junior UFO Alien Metals which will be a low-cost producer of premium high-grade Iron Ore is up over 10%.

China-focused firms rally on hopes of reopening
https://www.thetimes.co.uk/article/china-focused-firms-rally-on-hopes-of-reopening-30k3rptw7

London’s miners rally! Anglo, BHP, & RIO all up currently around 3%.

UFO Alien Metals which signed EA with Anglo American and will be a low-cost producer is up over 10%.