Member Info for Max111

https://twitter.com/CommSec/status/1498375128400674816

Iron Ore up US$5.65 or 4.2% to US$139.10 per tonne.

Palladium now up 5%.
https://twitter.com/KitcoGoldQuotes/status/1498296938843758592
Since 46.6% of Palladium comes from Russia, the West needs to develop new Tier1 safe sources of critical PGMs asap.

Also looks like it's game on for a silver breakout :)

"Alien Metals’ share price has risen 14.8% in 2022 and could be trading much higher in future, making it an attractive investment target."
https://www.asktraders.com/analysis/alien-metals-ufo-shares-barely-moved-on-approval-are-investors-missing-out/

I can see another 2.5M buy (there were x2 2.5M buys Friday afternoon).
Someone loading up.

Elizabeth Hill results can't be long.

Artemis looking forward to EH results also. They said, "Munni Munni is adjacent to the “exciting” Elizabeth Hill Silver Project."

https://www.londonstockexchange.com/news-article/UFO/australian-firb-approval-for-munni-munni-project/15344794

UFO will have 2004 JORC Resource of 76,000oz of Rhodium. At $20k/oz = $1.5bn in situ value!!

Then add all the other precious metals.

Plus the resource is open at depth & along strike!

#Rhodium prices are pushing up sharply and are now at $20,000/oz. #MunniMunniProject #UFO https://bit.ly/3pjoN4z
https://twitter.com/AlienMetals/status/1497202946488123398

Is Andrew Forest buying? :)

x2 2.5M buys at 0.795p

Dr Andrew Forrest explains how Green Hydrogen will become the worlds biggest industry and make Australia fully energy independent.
https://twitter.com/FortescueFuture/status/1497148688359211008

Andrew is Australia's richest man and is developing the worlds largest electrolyser plant which will go into production next year.
However he forgets that Green Hydrogen depends on PGMs and Russia is currently the largest producer of Palladium and 2nd largest producer of Platinum.
Therefore, in order to be energy independent he needs to invest in Australian PGMs.

Thankfully UFO will have one of Australia's largest PGM deposits all consolidated with access to infrastructure, grid power, local skilled workforce and mining lease with no conservation issues (as Chalice Mining has being positioned next to a conservation area).

Don't forget PGMs.

46.6% of Palladium comes from Russia.

BASF which celebrated the production of its 400millionth catalytic converter from its USA plant will now be in a desperate rush to find a safe source.
https://www.youtube.com/watch?v=mYs3TsqEpwI

Our Tier1 deposit with access to infrastructure, grid power & mining lease will now have to go to production.

Yes and don't forget we are about to drill high-grade silver projects San Celso and Los Campos in Mexico!

Then drill results every 2-3 weeks for those with silver rocketing!

So Michael Oliver was right with his $24.40 silver momentum breakout call.

Silver was always going to breakout since it's a monetary metal and we are experiencing the highest inflation for over 30 years! Now they have the perfect scapegoat.

Brace and position yourselves for $30+ silver soon. It's coming. The world has changed.

The Tier1 junior silver miners will go absolutely nuts and UFO is the best junior silver play on LSE with 18 EH drill holes due!

Silver Options Expiry ended. Huge silver rally imminent.

https://twitter.com/KitcoGoldQuotes/status/1496575597304242183

And Alien Metals liked my Tweet! :)))
https://twitter.com/MaxUFO8/status/1496579884650573835

UFO provided the highest leverage during the last silver squeeze move. SP doubled.

Silver: Will The 'Forgotten Stepchild' Of Precious Metals Finally Break Out?
https://twitter.com/SilverInstitute/status/1496490026468876292

It's silver options expiry today.

Then path is clear to close above Michael Oliver's silver momentum breakout of $24.40.
Then as David Smith said "Silver could jump $10 in days or weeks".

Plus we are due 18 Elizabeth Hill assay results!

Interestingly, when we go into production next year the risk then falls on the contractor such as Macca.
However, they are able to mitigate the risk by charging higher mining fees than if we were to self mine (included in the below $60/t Operating Costs) and having a diversified business where they can redeploy labour & equipment to other mining projects, infrastructure & civil projects.

Yes that is the contract that Fenix has with https://www.maca.net.au/.
Fenix's contractor model is designed to be turned on and off, same with the other juniors.