Member Info for MisterPositive

Bidding war will eventually happen. Just a matter of time. Further drilling at Hanc0ck should provide next level of resource upgrade. MCap should adjust upwards in coming weeks. Now that company got funding sorted and out of the way. Plenty of cash to advance all flagship projects, including 'Brockman'.

Big boys like RIO, BHP, Fortescue will be looking to take over high grade iron ore deposits to maintain OR take market share away from each other.

I can see a substantial re-rate coming. Buy and Accumulate while price is low coz this will not stay here for too long.

Steve
I hope so too. I am sure Bill would brush aside any lowball offers.

We all know Hanc0ck is worth a lot. Market will adjust the Valuation here soon.

Team i believe is already on the ground at Hanc0ck for follow up drilling at those newly discovered Ridges.

Next week could be very interesting with news coming in from different projects in no specific order.

Lot of Price Catalysts ahead.

Did this hit 1.5p in Jan 2021 ?

Nice work Max111

Would be interesting if Gina Rinehart were to buy a stake in Hanc0ck via UFO shares or buy it outright.....hmmm

Trumping RIO, BHP and Fortescue....

Lots of options open up coz:

DSO is near surface
High grade
low cost / low strip ratio 1:1
Near port - easy shipping / transport.

At least we know recent funds raised are being used to increase the value of our resource across all projects.

We know its a Multi-bagger in the making.
Commodities cycle is on the Up despite any short term blip which is short lived anyway.

Trillion $$$ stimulus being put to work to boost economies Globally.

Solar Power is going to be huge also in coming years. UFO is very well positioned with all its Commodities.

Picked up some yesterday around 0.78 - 0.79
Which i think is excellent value and below 0.85 placing price.

Should be back to over +1p soon. Just a matter of time. No worries.

Funds already raised to advance all flagship projects.

Hanc0ck with already 10.4 Million tonnes resource looks very much like 4-5 times bigger.

Agree. Wont have to wait long.

BOIL could surprise everyone with massive upside ahead.

We just raised funds at 0.85. Trading at a further discount to +1p just before placing.

To advance:
Hanc0ck
Brockman
EH

I think bottom is in.

Now lets get some news.

Multi-bagger this one without any doubt whatsoever.

Added some today.

Great price TBH.

Leave it for a few years and watch it MULTIPLY many times over.

Should be back over 1p soon as EH results come in.

0.49 full ask.

Back over 0.50 soon.

Looks pretty good results just from initial trenches. They know about the upside at Munni Munni. Open at strike both ends.

Lot more to come from Munni Munni. EH is core but surrounded by Nickel, Copper, Palladium as a nice bonus.

Sub 1p is very cheap considering together.
EH, Hanc0ck, Brokman etc.

Barclays right on time....no stock !!!!
Cannot get even £500 worth.

Seem to be daily thing now around 11am

Reading it again....its NOT "change OF control".

More appropriately "change in Working interest"
OR "Change in Control" in the Thali PSC.

TRP 51% (Licence Operator)
Beluga 49%

TRP still have control - no change there. Just reduced WI to 51% from 100%.

Change Of Control - applies if an Acquirer takes over majority of shares, as in a TAKEOVER scenario, etc.

Same pattern. MMs try to grab stock am.
Then pm rise.

With news close, not going to get cheap shares now.

1.5p on Spud should be good imo.
Could go higher.

We can get Ministry approval RNS first in my view followed by Beluga shareholder approval RNS.

Beluga is just waiting for their Working Interest of 49% to be registered with Ministry first before their shareholders can vote which we know should in favour anyway.