Member Info for Max111

Yes smiller, it's not just demand from the $1 Trillion of infrastructure that will start coming online by the time we can go to production, but the $3.5 Trillion stimulus money printing itself is what will propel all commodities much higher. Some people still don't get this!

HH kept saying costs have significantly increased since last year, but Rio Tinto released their cost per tonne for 2021 in their RNS 16/07/2021 = now $18.0-$18.5 per tonne (previously $16.7-17.7).

BHP’s unit cost for 2021 is under $15/tonne as stated in their RNS 17/08/21.

Not the big scary increase people were expecting!

Just before Fenix started hauling the ore to Geraldton Port, they got a new fleet of diesel trucks:
https://twitter.com/fulovitboss/status/1339726549910659073/photo/1

But why would we lease diesel trucks in 20 months time, when we can lease electric trucks that are now available to be delivered within a few months:
https://www.volvotrucks.com/en-en/trucks/trucks/volvo-fm/volvo-fm-electric.html

A company in California just placed an order which it will receive in a few months:
https://www.volvotrucks.com/en-en/news-stories/press-releases/2021/sep/largest-electric-truck-order-to-date-in-north-america.html

They have up to 300 km range, so the driver will need to have a charging break halfway in journey.

Technology changes everything. But nothing can replace Iron Ore as an essential building block for civilisation and the middle class in Asia is expected to increase from 2Billion to 3.5Billion by 2030
https://www.weforum.org/agenda/2020/07/the-rise-of-the-asian-middle-class

Excellent interview. Thanks for sharing Dean.

Northstar said UFO is on their radar!!! :)
https://twitter.com/NorthstarCharts/status/1434249396741345282

At 16:30 yesterday the SP was 0.75p. Then at 16:35 we had a UT of .77p.
So this morning we opened at 0.75p (as expected) and thus the SP dropped over 3% (fake drop).
So if you use yesterday's close of 0.75, then today the SP went up 3.35%.

I think a lot of people are still sitting on the side lines.
It will be very interesting when people realise there will be no taper and QE will actually increase! The silver space will go nuts!

Nonfarm payrolls huge miss @235K, Exp. 725K!!

No chance of taper! Time to ride the silver bull :)

This rocket keeps doing the rounds on LSE boards. Lol.
I haven't seen it since when I posted it on the silver squeeze move when our SP doubled within 3 trading days.
Great to see it again. Definitely a sign that money is coming back to the PM sector :)

The beauty of more silver mineralisation at Elizabeth Hill. #UFO #Silver 
https://twitter.com/alienmetals/status/1433726797355626534?s=21

I've noticed duplicate sell orders at exactly the same time:
12:33:15 x3 sells of 296,212.
15:46:20 x3 sells of 260,926.

Looks like MMs are messing around to take price down.

Then interestingly we get an after close buy @16:35:24 of 500,000 at 0.77p.

I can currently sell 6M shares in one go. SP got taken down on low volume and someone selling 1M shares.
Looking forward to finally getting a JORC on Sirius soon.

Birds eye view of drilling at Elizabeth Hill, shaft cover in the foreground, tailings in the background. #UFO #Silver
https://twitter.com/AlienMetals/status/1433411243923148803

$10+ Trillion 2020 Economic Stimulus Visualized in Physical Cash:
https://www.youtube.com/watch?v=YPHEM4gEqvg

Yep, Trump printed $10 Trillion last year.
Biden printing $3.5 Trillion stimulus plus $1 Trillion Infrastructure. Much, more to come. No way debt will get paid. Only politically viable option is to inflate it away. Which means dollar will tank, and all commodities priced in dollars will rise.
That is why resource stocks are the best inflation hedge.

Not a chance when ADP Private Payrolls was a huge miss 374K, Exp. 638K!

The taper talk has had a big hit on the PM sector. But after J Powell's J-Hole speech and today's figures, time to start heading back up :)

Their new state-of-the-art lab in Perth is massive. Over 500 subject matter experts:
https://twitter.com/Intertek/status/1430798447255433217

This is great news since it's the delays that have really held us back at Hamersley. And all of Hanc0cks assays are being done by Intertek.
Great for the Phase 3 in-fill drilling we are about to start and future drilling at Brockman :)

Great interview. It's crazy that refiners were buying back COMEX silver and selling it at a premium to fill their orders! Unbelievable! And now we are heading into a strong PM season.

Sentiment finally coming back to the PM sector in a big way after Powell's dovish Jackson Hole comments. This will be the pivot point of the DXY breaking down and money flooding back to the PM sector.
Perfect timing since we are currently drilling the highest grade silver mine in Australia and the company believe they will discover repeat egg yolk & white systems!

@livestock. I guarantee you they will start drip feeding us a lot more photos and updates. Elizabeth Hill & Munni Munni is a geologists dream! Watch this space!

The lag will be perfect for when we come to sell our Iron Ore.

Someone just got themselves a bargain with a 2M buy :)

Looking at the trades, it's got all the signs of traders trying to manipulate before they go long.
Actually the biggest give away is when Chris2 comes on the BB to deramp. On one occasion it actually led up to getting to the top of the FTSE AIM Risers Board as Deanok mentioned!
Take advantage of it if you can. If I can squeeze any spare funds, I will definitely do a little top up.
Bill couldn't make it any clearer in this last comment in the interview today, "Han**** at the moment is turning into something really exciting in the not too distant future!"