Member Info for Max111

£500 little top up from me going through in 1 min. In for a penny, in for a pound! LOL

I remember RS in last panel discussion said something about keeping an eye on Zinc.

Zinc Prices Are At A 2-Month High, After Rising 3% In The Previous Month | CNBC

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

Australian miner Nyrstar plans to cut output by 25% due to ORE SHORTAGE, while global production for mined zinc also saw a dip for a third year in 2024.

Red Dog in Alaska slowing due to ORE DEPLETION. They produce 10% of mined zinc in the world!

LME inventories down significantly.

Looking forward to this Pinderi Hills update with 100 additional drill results (10,000m!).

In investing, patience is a virtue my dear norm 👍

What was important was to break the back of the downtrend. Now we have silver at $33 and going much higher.

Silver is a very small tight market and so much money will want to find a silver play that is going up in price 📈

UFO's rise will be quite spectacular 🛸

@norm. You have been working very hard. I do appreciate the important work you have been doing ;-] 👍

Less than 5% explored at Hanc0ck which has a Mining Lease and new tenements about to be granted. However, JV partner coming in might change things ;-]

Good news regarding the Brockman Hub:

"We're investing $1.8 billion to develop the Brockman Syncline 1 mine project, extending the life of the Brockman region in the West Pilbara of Western Australia and sustaining production from our world class iron ore operations."

https://x.com/RioTinto/status/1897547299070615990

Rio Tinto were drilling just south of our Brockman tenement which has an estimated exploration target of 233MT.

https://www.alienmetals.uk/wp-content/uploads/Brokcmannewcrossection.png

Silver Prices Surge: What's Behind The Rally? | CNBC TV18

https://www.youtube.com/watch?v=GgJG9WEYWNc

▪️Mexico is largest producer - 25% tariffs

▪️5th year of mining deficit

▪️Record 700Moz industrial demand 2025

+HIGHEST JANUARY SILVER IMPORTS TO INDIA SINCE RECORDS BEGAN IN 2008.

https://x.com/MakeGoldGreat/status/1897569984689447167

Lower supply will push platinum deficit higher than expected in 2025, WPIC says:

https://x.com/mining/status/1897322391539155445

"To cover the deficit, above-ground stocks will fall by 25% to 2.5 million ounces, equal to less than four months of global demand."

Think about that: Above-ground stocks will be less than 4 months of global demand!!

Price will spike higher than gold.

Platinum is 30x rarer than gold.

Because I'm an investor and don't complain when the thing I want to buy gets cheaper. I take advantage of it, just like my £1k top up this morning at 08:49am. Cheap as chips.

Billionaire Eric Sprott will be proven right. Just imagine silver at $250-$500/oz!

FYI Rob Mosig likes #Silver 🚀

Different this time with LBMA getting drained, silver going to a 5th year of deficits and paper hands have sold.

Silver is going to 'skyrocket' – Eric Sprott

In this clip, see why Sprott believes silver could reach $250-$500.

https://x.com/KitcoMining/status/1897063085330063393

Elizabeth Hill JV catalyst perfectly time with silver breakout.

"I guess the only question is who will get a deal over the line - or at least announce one - in March. It’s probably a toss-up between GMET and UFO, with Guardian potentially angling for funding for Tempiute from their new quarter-owner, and Alien promising a JV for Elizabeth Hill (with cash) by the end of the quarter."

https://x.com/that_stocks_guy/status/1896126601827692682

"Hydrogen is the fuel of the future - without any doubt."

Dr Andrew Forrest - FMG (+Wyloo!).

https://x.com/FortescueNews/status/1895054568972484644

I think there was good reason to postpone the End-of-Year Investor Webinar last December whilst they looked at potential offer from Fenix.

Interestingly Miracle Iron will be working with Fenix on the Ashburton Link with their Paulsens project they purchased off Strike Resources.

They will want IOCA.

25M buy. Not me. Something going on behind the scenes.

We need to be careful of the iron ore hungry Chinese man from Miracle Iron now. He has $102M cash burning in his pocket after CZR cancelled his deal and went with Fenix instead.

He was very keen to get CZR and kept extending his $102M cash offer to buy until FIRB would approve (even at much lower iron ore prices).

He bought Strike Resources Paulsens East Iron Ore project for $20M with quick FIRB approval. FIRB approval was just a few weeks on that deal since it was a smaller transaction.

The Strike Paulsens project won't be enough for him and Red Hawk already taken by FMG.

UFO was previously collaborating with Strike & CZR over with the Ashburton Link.

Now he knows he can't buy larger projects (he won't get FIRB approval on large threshold transactions), no doubt he will be calling UFO and making a bid. IOCA need to crack on after cash injection from EH deal.

@norm. If there is anything I can do to help break the back of this downtrend, please let me know. Please keep up the good work 👍

BTW I like your "Strong Buy" ;-]

When Guy Robertson was asked about the Anglo deal expiring he said, "Addition to the offers we have for JV and outright purchase, we have an option for an offtake with a significant player and that is on the table."

Interestingly Anglo's Iron Ore Sourcing and Origination Manager is still interested in UFO as indicated by is Linkedin like.

Regarding Errawarra, they are up 18.52% this morning and there is speculation of JV.

Interesting times 👍

Https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02916884-6A1252827