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Iron Ore prices surge on reduced shipments and stimulus hopes
https://twitter.com/Directors Talk/status/1779819718611972466
SPOT SILVER RISES 3%
https://twitter.com/DeItaone/status/1778776351765340627
Also smart money is getting into platinum.
This 40 year chart shows how closely platinum and silver moves:
https://twitter.com/graddhybpc/status/1646079773339164673
UFO has in situ nearly US$1bn platinum (at current price) all open & depth & along strike.
If silver doubles, then so should platinum (which is 30x rarer than gold and mainly only found in high-risk Russia & S.Africa).
UFO New Director Rob Mosig (ex-Helix Resources & Platina) previously brought in Lonmin Plc/Sibanye to invest $20M.
The Munni Munni PGM & Gold project (now first time in 30 years 100% consolidated) is completely under the radar at the moment.
It will be a fantastic year for us.
Yes, as soon as $30/oz becomes support and not resistance, then the re-rate on Elizabeth Hill (Tier1 Australia's highest-grade silver mine) is huge. Currently price in at zero in the market cap!
David Morgan explains it well:
https://www.youtube.com/shorts/-1CKD41ebjM
"Iron ore headed for a weekly gain of about 10% on speculation that China’s economy may be on the mend"
https://twitter.com/business/status/1778623090773180532
"⚡The most active Shanghai #Silver surged over 3% on Friday, to above 7,400 yuan per kilogram."
https://twitter.com/Sino_Market/status/1778615254844670087
"#Silver now hitting some fresh highs. The $30+ an ounce magnet keeps pulling..."
https://twitter.com/goldseek/status/1778522237257257355
"#Silver now hitting some fresh highs. The $30+ an ounce magnet keeps pulling..."
https://twitter.com/goldseek/status/1778522237257257355
"#Silver now hitting some fresh highs. The $30+ an ounce magnet keeps pulling..."
https://twitter.com/goldseek/status/1778522237257257355
Smart Money Clearly Moving Into Silver Market | Peter Krauth
https://www.youtube.com/watch?v=5CYuC8AHyaE
Peter Krauth explained normally takes 10-15yrs to bring online new supply.
Thankfully UFO 100% owns very rare highest-grade primary silver mine in Tier1 Australia!
"Alien has erected headframes over both existing shafts and has purchased necessary equipment for dewatering, camp construction and mine re-opening."
Mining Lease already in place.
I noticed a Bed & ISA go through this morning at 09:58am for 3M shares. Easy to spot since they go through at full bid and get bought back at slightly higher price.
Mine + my wife's Bed & ISA totaled to just over 30M shares.
I've been doing Bed & ISAs every year since 2021 and have always seen them on LSE (hence why I gave a heads up).
This is the first time I haven't seen a transaction being reported on LSE.
I don't think they consolidated them, since there where only 2 large transactions at 25M (which were buys that sent the SP flying straight after).
MMs have oversold & short.
@CJ. I'm looking at my account and it's showing it went through at 09:29am on 8/4/24.
I can Twitter DM anyone who wants to see proof.
I called up my account and they said since it’s a nominee account, not all trades are reported on the London Stock Exchange as per the terms & conditions. But he has assured me the shares are there (which I can see on my account).
He also said they will show on my quarterly statements.
Sounds to me that they have lent out my shares hence why they can’t sell & buy back.
People were expecting placing with new shares. Instead Funding Facility. Therefore, they are short.
@Steve. You yourself posted you sold and are looking to buy back in at placing (but after a placing hoping it will drop below placing price).
But instead UFO secured Funding Facility up to $2M and Mining Lease & JV deals coming through first with significant re-rates. ATB
"Been saying for 14 weeks that #gold has a blue mega breakout.
And previous quarter, also #silver had a blue mega breakout.
Now it is up against gray resistance price range.
Historical breakouts. Historical opportunity."
https://twitter.com/graddhybpc/status/1778369127091978518
"Been saying for 14 weeks that #gold has a blue mega breakout.
And previous quarter, also #silver had a blue mega breakout.
Now it is up against gray resistance price range.
Historical breakouts. Historical opportunity."
https://twitter.com/graddhybpc/status/1778369127091978518
"Been saying for 14 weeks that #gold has a blue mega breakout.
And previous quarter, also #silver had a blue mega breakout.
Now it is up against gray resistance price range.
Historical breakouts. Historical opportunity."
https://twitter.com/graddhybpc/status/1778369127091978518
@Steve. You said you are not a shareholder, so I can understand you are not interested in tweets showcasing UFO's assets and hints such as "✅Impressive neighbours $AZS".
But yes I am very much looking forward to a new appointment, Hanc0ck RNS update with Mining Lease (hopefully next week) and JV deals.