Member Info for PaulQ

China vs Taiwan isn't really a war it will be more of an annihilation. As for South China Sea its been disputed territory for longer than I have been alive so nothing new. Where is your new news? Ww3 about to break out? Haha

Miners have stopped production as they deem the price too low. If they stop producing price rises and when it reaches a certain point they will produce again. Its simple business sense, so rather than stating things put some perspective behind them, otherwise you just come across as a dumb deramper

I'm surprised you haven't moaned about Bill having to splash out big with share holder funds on a replacement RNS... your off form today

Chris , your lack on knowledge around the junior mining space never ceases to amaze us here. Which junior or more mining company do you know doesn't drill holes? Please share

No sellers down here today, awaiting next bit of news now regarding new jorc or monetization or lizzy Hill drill news .. so much to look forward to

https://stockhead.com.au/resources/fenixs-hedging-strategy-set-to-pay-off-as-iron-ore-drops-to-us120-tonne/

TYMERS I've never seen you add any value here, just take it away with your personal spat with Napthman and baseless SP predictions and ramping on about bitcoin... get a weekend job as a tea boy or something as you've obviously got nothing to do other than try to stir things up today. Go out with your partner and enjoy your bitcoin gains. Don't worry about us we are all mature enough to get on and see this through to fruition

The 3.7million should be enough to get two of our assets ready for sale or JV.

Either way 3.7 = a much bigger income stream.

The BOD have already shown prudence and their experience throughout the past 12 months and in the next 12 PIs will reap the rewards

https://www.mining.com/iron-ore-price-up-despite-falling-steel-demand/

Falling demand and prices still rising...

0.09p

Don't carry on their de ramp threads bishop , they always come out on a Friday night

GWR Group (GWR) suspends mining operations at the C4 Iron Ore Mine on the back of fallen iron ore prices

Unfortunately for the company, the suspension follows a record operational month with 139,422 tonnes of ore transported in August

Despite the loss in momentum, GWR says the WA project is ‘production-ready’ and is prepared to take advantage whenever iron ore prices do recover

GWR officially halted operations on September 19th and expects this to last 30 days while it assesses project economics and reviews market conditions

All this bodes well for the market the same thing happens in other commodities markets like silver. These big company's sell a shed load into price rises and saturate the market and then the prices fall and they hold back and stop production till it rises again. They say they will ride out the volatility but they cause it to their advantage.

While they are sitting still they will be looking to splash the cash on developing new mines for the next boom. Hello majors we are UFO. We live in Pilbara where cash is king.

In four years time i will all be rich , all I have to do is hold and retirement will come early here. I have full trust in our CEO. He has grown a considerable amount in the past 12 months and so has the share price in the past 2 years. Again I echo smiller I wish I was in here 2 years ago. Easiest money you'd ever make.

@norm will if your going by your figures and iron ore is currently at 120 a ton then we should be sitting at around 1.2p again as FV based on that alone. So 2p including other assets

4p special dividend per share id be happy with and still have original holding.

New baseline should be atleast 2p ... no idea why the market is going to have a delayed reaction to this RNS

At what time today will be the tipping point when mms run out of the stock they have accumulated in recent months?

Mcap matter more than shares in issue. We have seen many times how fast UFO can move

I will be holding you to that statement of an rns tomorrow now silverhorse. BBG isn't known for a Wednesday RNS so its a pretty wild statement. Let's see

It would be even nicer to have a swimming pool filled with palladium