Member Info for MisterPositive

Iron ore price spiked to $230 earlier, before falling back. Now at $123.

Need to take a 3-5 year view. Commodities super cycle spans over a 10 year time frame. Perfect time to ride all the Upside from current low price to the next peak price.

UFO is not one trick pony and provides multi commodity exposure and upside and makes UFO bit unique with massive upside.

100% owned copper project in the Mt Isa copper-belt of Queensland, Australia. Mt Oxide has the potential to deliver material exploration upside with 22 viable targets highly prospective for copper mineralisation.

BIG ONE is just one target and includes the massive ARYA prospect where drilling starting any day now.

Castillo has another 21 targets after Big One.

Rio Tinto and Newmont Goldcorp also present nearby in the Mt Isa copper belt.

CCZ website should provide lot more info mate.

https://castillocopper.com/

Munni Munni North (100%)

"The Munni Munni North exploration licence covers some 117 km2 and wraps itself around the Elizabeth Hill mining licence. It contains numerous prospects with anomalous copper, nickel and Platinum Group metals such as platinum and palladium."

P.S. Must admit i totally missed this one last time
Adds more in demand commodities to the mix.

5×5Criore
Agree. Copper flying. Silver has got to be next in line. Just a matter of time, but when Silver rally starts, it would be well worth it. Any day now.

On more detailed analysis this weekend of all UFO projects and their locations, i would now add BHP and Fotescue Metals as potential suitors in addition to RIO for various deposits between 3 of them OR coming in as JV partners for different projects.

Also noticed that "Brockman" and "Hanc0ck" were both identified earlier by BHP as part of their early work. Just like Castillo Copper's massive ARYA deposit was highlighted by BHP much early on as a must drill target.

I like the multi-commodities exposure at UFO.

TRP seemed to have bottomed out and looking good for a nice rebound from current lows upto the 0.425 placing price (first stop) ahead of Beluga Farm In deal approval.

We could see a strong rally here in Q4.

Oil price forecasts of $100 and higher.

Next week should be good one with Hanc0ck scoping study due any day now.

Hanc0ck maiden JORC compliant inferred resource of 10.4Mt @ 60.4% Fe is superb. More to come here.

UFO bottomed out now and looking very good for a nice rally in Q4 with further Operational updates

2022 should be extremely rewarding for all holders already in OR getting in from these lows.

For EH we could see Glencore as coming in.

UFO is a multi-bagger in a big way. Just need to let it all work out. Company has put in lot of hard work and timing is right with next Commodities super cycle for us to enjoy those once in a lifetime rewards if you select the right company. All about stock picking after doing your own research and due diligence.

I see RIO coming in here for Iron. This is shaping up to be same story as Havieron and Telfer. With Newcrest Telfer mine coming to end of life, they had to look for replacement with Havieron next door was a no brainer.

RIO iron ore grades been on the low side, so it would be a no brainer for them to take over Hanc0ck outright or coming in as JV partner just like Newcrest JV with GGP for Havieron.

How many rode GGP from 0.38 to 38p ???
Not many i think. That would be 100 bags....wow

At UFO i would be happy with 20 - 30 bags.

Yes. RIO been producing low grades and causing lot of pollution.

Being their neighbour puts UFO right at front of the queue of potential Takeover targets that RIO could be looking at to acquire deposits at higher grades.

Hanc0ck resource and grades are superb.
No brainer at 0.75

Multi-bagger this one. Just let it all unfold.

1.99

Crack at 2p coming. Lot of folks sitting on the fence. Soon as this cracks 2p expect more and more folks to join in with ARYA drilling to commence any day now.

I think MMs will guide this to 2.3 placing price.

Then a retest of 4.45p we saw earlier this year.

I think MMs will guide this higher to 2.30 placing price.

I am pretty confident we should see 4.45 high we saw earlier this year.

Nigeria should come through soon. Govt needs revenue.

With current rising oil price cycle...its a no brainer

US producing assets currently the focus with current oil production and new 100% owned Fed Deep discovery.

Yes, been frustrating since it relisted but things about to turn to the Upside here very soon. Just sit tight. US revenues should come in strong on the back of increasing production and Oil price.

"Damien Courvalin, who is also a senior commodity strategist, said the market fundamentals warrant higher prices and that the bank’s forecast for Brent crude is $85 per barrel for the next several years."

Goldman Sachs’ base case is for Brent to hit $90 per barrel by the end of the year.

https://www.cnbc.com/2021/10/14/goldman-sees-sustained-high-prices-for-oil-in-the-coming-year.html

"Damien Courvalin, who is also a senior commodity strategist, said the market fundamentals warrant higher prices and that the bank’s forecast for Brent crude is $85 per barrel for the next several years."

"Goldman Sachs’ base case is for Brent to hit $90 per barrel by the end of the year."

https://www.cnbc.com/2021/10/14/goldman-sees-sustained-high-prices-for-oil-in-the-coming-year.html

"Damien Courvalin, who is also a senior commodity strategist, said the market fundamentals warrant higher prices and that the bank’s forecast for Brent crude is $85 per barrel for the next several years."

Goldman Sachs’ base case is for Brent to hit $90 per barrel by the end of the year.

https://www.cnbc.com/2021/10/14/goldman-sees-sustained-high-prices-for-oil-in-the-coming-year.html

Chuditch estimate 592 MMBO - (Barron 75%)
Chuditch High estimate 1.156 Bbo

UK Licence 100 MMBO - (Barron 32%)

Do not underestimate the enormous Upside ahead. Will not be overnight but would be well worth holding a decent chunk here.

This is potential 50 - 100 bagger. Once in lifetime.

One of the highest risk / reward share that i have come across in last 15 years. Just set a holding time frame like 2, 3 or 5 years and see what you end up with.

Yes. There is lot of talk around for a major Silver squeeze. Silver been left behind and did not really participate in the commodities rally like, iron ore, Gold, Palladium, Nickel etc. At some point very soon commodities traders focus will move to Silver as last commodity to rally.

$40 - $50 silver would be good but i am hearing potential $90 ? Would be nice indeed. Lets see.

Just like some Option traders are betting on $200 oil by Dec 2022.

I never put stop losses.

CCZ secured £6.4m in June this year.

"A$11.7m (£6.4m) before costs, has been secured to rapidly progress developing core projects in Australia and Zambia."

"Castillo will issue 278,395,961 New Shares at a price of $0.042 (£0.023) per share, representing an 11% discount to the last 15-day trading VWAP, and one free attaching listed option for every 2 New Shares subscribed for, exercisable at A$0.08 (£0.044), expiring 12 July 2024. "

1/4 of cuurent £25m MCap is CASH.

Placing in June 2021 was @ 2.3p
Warrants Exercise price @ 4.4p

This is trading at a discount to both current AUS share price and the 2.3p placing price. At some point very soon this should be adjusted back to normal levels.