Member Info for petej247

UFO on the traders cafe hotlist:

https://www.**********.co.uk/articles/rns-hotlist-alien-audioboom-feedback-first-tin-greenroc-nanosynth-omega-open-orphan-pires-power-metals-sovereign-tern-5027917

The news we were waiting for. Well done to the LTH's and new investors alike, I don't think we will be seeing the recent lows again. Its been a bumpy ride and now we have eyes on the prize. Great work BBG and the team for getting us to this point.

Got to agree with the fence sitting of TP. Previous reports have copied / pasted already in the domain information, and discussed the potential to reduce the discount applied to the valuation based upon the risk. A bit "same old".

The report may be of use to a complete noobie on the ticker, but certainly not for anyone searching out progressive valuation.

Mornign AWP, my guess is that while it would be possible, there must be a finite amount of resources both human and mechanical that is available to extract /transport. Take for example the recent picture of the haulage wagon, I don't know how many of those there are but I bet the owners have them out hauling all day, so starting a new mine takes a commitment by the haulier on leasing more trucks, etc...etc . Personally, I've got a very good feeling now this is turning into a reality with offtake, machinery and plans being made. BBG must be using his time wisely down there with the team in pulling the project together. This time next year (Rodney) will be very very different, I for one will be topping up.

Hindsight a wonderful thing....
approx 40% down across the piece cash in reserve, working on the "time in he market" principle....and I don't need the cash for a few years

Max- you said "have been in negotiations with Hanc0ck Prospecting " - I missed this? Can you steer me to the link pls?

PJ

1.1 - up to 1.23, then pull back for 1.1 finish due to traders. Happy to be wrong!

....and there she blows

Great sitting back watching the chart attack 1p. Breakthrough coming through quite soon me thinks

It's due to the short timeframe you are looking at. Any share price rises on good news / anticipation and will retreat on understanding the news and settling at its new point in the market with the information available. The recent silver discovery is great and has moved the price up, but "the market" (us shareholders) will want more results from the same project, results from a different project or an extraction to market plan to create revenues before they commit more to purchasing the shares and pushing the price up. IMHO This year should see a steady rise (no prediction here) interspersed with mini spikes as new / information confirming projects viability increases confidence in the ability to make money. Bill has stated Q1 '23 to have a project (DSO or silver) is the hard objective. Zoom out to the daily timeframe.

So who wouldn't expect a retrace after a good news event? Check the daily chart, looks OK to me...

https://www.facebook.com/sharetalkUK/videos/596868121660243

Great debate to read over my first coffee laying out different strategies for taking our rewards. Thanks

I think for all us LTH's, the question becomes how much is enough. Ive a target, enough to do me, not to make the grandkids rich but enough for me to kick back with the Fam.

Iron ore up US$3.75 or 2.8% to US$137.40 a tonne. Over the week iron ore rose by US$10.65 or 8.4%.

https://twitter.com/CommSec/status/1485333080684793856

....looking healthy, good volume yesterday. Someone mentioned "on the runway", most definitely revving up but we need to break that .80 level then 1.2. Looks like we could be on for that with a good couple of announcements

"become a statewide one-of-a-kind"

I'm happy with that.

https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=UFO.L

They keep teasing with these photos! I wonder how long we have to wait for the news on "how' to drop?

The net proceeds of the Placing will be applied towards:
· Phase 3 infill and extensional drilling on the Han**** Iron Ore Project
· Permitting and infrastructure planning to move the Han**** project towards mining
· Ongoing exploration around the Elizabeth Hill Silver project
· Exploration drilling in Mexico;
· Early stage exploration on the Company's regional tenements including Munni Munni North and resource drilling at the Brockman Iron Ore Project and
· General working capital

Excellent - money in the bank and this one " Permitting and infrastructure planning to move the Han**** project towards mining" - very exciting!