Member Info for Max111

China Build the World’s Biggest Mega Dam Again!

https://www.youtube.com/watch?v=DVSI9mCfPag

It has been in planning for decades, but the challenges can now be overcome:

▪️V remote region. Need to transport the electricity long distance.

China is now the global leader in Ultra‑High Voltage (UHV) Transmission.

Low Transmission Loss.

▪️Funded & part of 5-Yr Plans

▪️Project expected to use up to 4 times more steel than the massive Three Gorges Dam!

➕China will be constructing the highways & rail links to the remote region so that large construction machinery can be brought in.

➕All machinery will be built domestically, not imported.

Going to take a decade of non-stop construction to complete.

Analysts say the mega project is set to SUPERCHARGE China's domestic steel market!

Access Agreement only just executed with BHP.

Development Study stated a formal DFS wasn't required. Up to JV/funding partner. DSO utilising existing infrastructure at Newman, Great Northern Highway & Utah Point is as easy as it gets. Don't even need to build an airstrip. Newman airport is nearby with hundreds of rental vehicles from AVIS etc to jump into.

India Silver Is At An All Time High

https://www.youtube.com/watch?v=TWda0EE6n0c

Yep I feel it's getting very close. In Chris M we trust (good audio clip of him taking about it in previous interview).

I'm quite confident that there is significant lithium potential there. Similar mafic-ultramafic geology to AZS which Gina bought for $1.7bn. But bad lithium cycle at moment. We can revisit it ourselves in future with cash coming in from DSO.

Interestingly, since ERW(West Coast Silver) are not going to spend the required $4M to keep their 50% of lithium rights, they also lose the right to first refusal (in case we sell) on other mineral rights across Pinder Hills (which I'm happier with).

Significant Silver Assays at Elizabeth Hill

https://www.londonstockexchange.com/news-article/UFO/significant-silver-assays-at-elizabeth-hill/17146219

▪️DXY slips below 98

▪️Sept USA Rate Cut

▪️World's largest dam ¥1.2T project started

▪️China to announce more infrastructure projects.

Iron Ore Gains 3%, While Steel & Nickel Rise 1% Each Overnight As The Dollar Index Slips Below 98

https://www.youtube.com/watch?v=PUr4LmiLKP0

▪️DXY

UK-listed miners jump after iron ore and steel price rise

https://www.tradingview.com/news/reuters.com,2025:newsml_L6N3TI0A4:0-uk-listed-miners-jump-after-iron-ore-and-steel-price-rise/

** China announced the start of construction on its mega-dam project in Tibet, which is expected to drive significant demand for construction-grade steel

Significant Silver Fieldwork Assays from Elizabeth Hill

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02969424-6A1273956&v=4a466cc3f899e00730cfbfcd5ab8940c41f474b6

WCE currently at $0.150 up +15.384% today. WCE implied value to UFO now over £10M!

In the last interview, Chris M said Hanc0ck alone could sell today for more than than the UFO market cap.

Plus we have the very rare PGM & Gold project (other PGM projects recently had significant rerates).

Multi-bag rerates are coming for UFO.

Iron ore and steel climbed to a four-month high, as China’s plan for a mega dam in Tibet bolstered the outlook for demand

https://x.com/business/status/1947130081651941546

Premier Li Qiang launched construction of the 1.2 trillion yuan ($256.5 billion) hydropower project on the Yarlung Tsangpo river on Saturday. The initiative — which will consist of five cascade dams — promises to deliver a positive economic jolt for construction materials including metals, cement and glass.

So I guess shorter smiller and 5x5 (who sold all his shares and kept just 1m) valued GGP's 30% ownership of Havieron at ZERO during 2020! LOL

Copied Charles Archers Excel Spreadsheet for WCE implied value to UFO.

However, he needs to update shares in issue since WCE have 260M shares, not 251.5M.

So @$0.13/share, WCE Mkt Cap = $33.8M

UFO hold 30.5M shares = $3.965M

30% Direct interest value (A$m) = Mkt Cap*(30/70) = $14.48571429

Total implied value to UFO (A$m) = $18.45071429

Total implied value to UFO (£m) divide by 2 = £9.225357143

When Gina bought AZS in Karratha for $1.7bn cash (for 60% of the Andover project) did she get the 40% of the Andover project from Mark Creasy for free?!! LOL

🔴 URGENT: They Have LOST CONTROL of SILVER and SLV (Shorts are PANICKING) | Ed Steer

https://www.youtube.com/watch?v=LoWynta-6VY

The legend Ed Steer tells you what is about to happen with Silver, Platinum, Palladium, and all Commodities.

WCE currently @ $0.130 up +13.043%

That makes WCE's implied value to UFO £9M GBP.

UFO's whole market cap is £8M. UFO ridiculously undervalued.

This is why the Chinese have been buying up every small scale iron ore project they could get their hands on.

Plus M&A iron ore frenzy recently all at once with the majors panicking and buying. They only do that when they anticipate a Supply Crunch.

The iron ore doom porn posters put their hopes in Simandou being the Pilbara Killer by end of 2025! LOL

They didn't realise that 2025 was a political timeline.

Military Junta leader Mamady Doumbouya told Rio to start by end of 2025 or get licences revoked.

Shipments from Simandou in 2025 will be only half a million to 1 million tonnes (nothing).

12 million tonnes in 2026 (basically nothing)

Not reaching 48 million tonnes until 2028 (still nothing).

By 2028 Rio said they will have 90 million tonnes of depletion!!

Bears got it wrong.

Iron ore prices will go above $150 next year. D$O.