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I'll drink a G&T to that Neil :)
Even better speech Neil
GL
A great speech there daib, I would agree on your train of thought. I am a lucky boy to be invested here well under 1p with a nice large holding. What excites me more than anything is freedom from the rat race, I am 37 and run my own company. A mechanic by trade with a great workshop, which I am lucky to own and not rent. but I am hanging on by the skin of my teeth. I just can't do the running around anymore listening to customers day in day out, missing out on my family and personal time. So I have these freedom tickets called shares and the trolls / MM will try to steal them from me, that is like taking away my freedom I will hold and just pray this all works out for myself and everybody else. 20p and I am done !! and lets hope alba do the same as I have the same size holding. GLA
I’m not valuing that, I was only commenting on the 300-400% in one day comment surrounding EH. From my calculations £200m addition to the SP for Hamersley is a very conservative valuation once there is more confirmation and plans in place, and that doesn’t even touch on San Celso etc.
I believe there is massive upside here, 100%, just think there are some big overvaluations going on and wasn’t sure if I was missing something. I’m always happy to be corrected when I’m being conservative, of course the 4m oz’s may be wrong and Munni Munni could be an amazing addition but that is yet to be seen
ETW . That's a fair point but Alien is not a one trick pony. Don't forget the iron ore from Brockman and Han**** Ranges in the Pilbara, Los Campos and San Celso silver projects in Mexico and Platinum and Palladium potential in EH ( as well as the Silver). Your workings puts zero valuation on these projects.
https://www.alienmetals.uk/assets/docs/20201014%20-%20Alien%20Metals%20-%20Presentation.pdf
Mr ewt.
The JORC compliant 4 moz is only tested down to 100m
And a small Surface area too within the preliminary licence.
Bills just got the surrounding 100km2 surrounding that licence too. *clang*
Imo the JORC compliant resource is majorly undervalued but if you don’t believe me check the company presentation on the website under investors.
ETW i totally agree there are a fair few who ramp and bang the drums and get everyone over excited, if it runs more than us realists expect then awesome. Some major differences in metals future prices but i like to be very real and im very knowing with the actual physical side as been involved in it for a fair time even though some on here think im a muppet id teach many a fair few lessons within the business but my honest opinion similar to Max is we will deffo see new highs and being conservative Gold to $2500/$3000 and silver $65/$85 oz in which the miners will 5 X to 50 X dependent on how the business is being run. This being said the way the printing press is being used hence the word CONSERVATIVE.
I may be wrong here, but 3M oz of silver at EH will be a good addition, but say $25/oz x 3,000,000 is only $75,000,000 or around £58m without subtracting cost. Considering potential dilution through JV here that may not be huge upside to the SP, of course that is still more than double our current SP and silver bull market means that may change for the better. Also I believe that it was stated in an RNS that the 3m oz’s is near to the surface which is positive, but I don’t think EH will be seeing this do a 200%+ jump in SP.
Hopefully the Munni Munni extension provides another strong resource and maybe there will be more silver deeper at EH, also of course wouldn’t turn my nose up at even an additional £30m (+60%) on the MCAP, but don’t think it’s as big as some are making it out, unless I’ve missed something?
Gold may grow by 50 , 60, 100%.
Silver can do 500% +.
That's the view of the experts. They would take silver over gold at the minute.
When EH gets going or if we get a JV on that, 300 - 400% in one day.
What happened today imho was mms games at their worst .they allowed the rns to raise the price to 1.88p then start pushing through most of the 83 million warrant trades. Looking excellent for tomorrow's trade if this is the situation. Cant be many warrants left.up up and away .well over 3p at least
Me too Max.Bring it on!
I am in EUA and i have a few other stocks i think will do well but UFO is the one i have decided to add as and when i can. Like Max and others have pointed out, this can be multiple from where we are in the near future.
NOTE: This is not one of them boring shares. News every other day from here. 6 really good projects and we're getting proper updates regularly. The MMs will play games and shorts will try their luck but in the make no mistake about where this is going. Way north from here.
Hi EWT98,
I'm not sure on the previous Mkt Caps, but if you look it went from a low of 25p (Dec 2008) to 535p (Dec 2010) in just 2 years.
= 21x on just pure speculation and price of spot silver!!!
This is the reason why you want to be invested in a junior silver miner as we go past the previous ATH of $50.
I've been waiting a long time for this!
all the talk of old prices are totally irrelevant so please dont quote as thats a load of old tosh different in virtually every way
Arian was one of my very first miners and had great faith in Au and Ag but i was a liitle early to the party but 7 years later i think the music is about to play
Yes Max ive been a holder here probably more than most since 2013 i lost a fair amount here when was ARIAN silver so im here to reclaim my lost funds and more :)
Well said sjm and when things go a bit flat, people need to remember why they invested and be patient. I was in ggp from Dec 2018 and it took over a year to get moving. This is moving much faster. GLA
Does anyone know what the market cap of UFO was when we were 30+pence in 2015, or £4+ in 2011?
I haven’t been able to find anything on google about market cap, only stock price
MrSipp,
5 years ago we were trading around 30p and all we had was the San Jose silver mine in Mexico which we had to forfeit to our creditors and a Lithium Exploration Licenced which turned out to be fruitless (couldn’t find anything!) whilst going through a PM & Base Metals bear market with awful management.
Now the situation has completely changed. We have 5 confirmed high-grade projects, plus a newly acquired exploration licence for Greenland. After the recent placing and warrants that were exercised we are well funded with just over £2M in cash which will last us over a year without having to seek any additional funds. We have just made a game changing JV with Capstone Mining and as per the last M&A Update, "Discussions have already commenced with third parties with a view to joint venture and earn-in into the newly acquired exploration licences."
We also now have fantastic management and Bill has proven to pick winners.
Plus we are in a bull market for our assets Silver, Copper & Iron.
I think 6p is actually extremely cheap. Just wait.
Precisely my point Rees! That is the mindset.
I saw ggp at 4p and thought it looked interesting.
By the time I’d finished researching it was at 8p. Did I Plough ahead? Of course. And I bought some more today too.
In companies like this you’re either IN or OUT.
You either believe or don’t.
That’s all it boils down to imo.
'The Mouth of the South'.... yeah a year or two ago now... make that a decade..
You know what, I don't care about the ****ty noise that this stock encounters along the way north.
Today's RNS has settled the record, bill is a great ceo with great ambitions to expand the company exponentially.
That's enough for me, the bigger the company gets the more profit it makes, sp will invariablyy go up no matter if the ********s keep selling.
Who knows maybe in a few years, or a decade, this might be a successfully ftse250 miner, and we'll all be slapping each other on the back with multiple bags, with the sp at 1 pound.
You think I care that my god damn entry price was 2.8 when this can multi bag soon? Yes, ofc I care, could've got in at 1.3 today, but in the end, profit will be profitz and as long as this reaches 3p by at least Christmas idec anymore.
Never underestimate bill. Nows a bad time to be short on this it's got a lot more upside than downside that's for sure.
Max i agree to a point but i think the 6p is a bit strong maybe 3/4p would be a fairer estimate but north of current price for sure.
I think you are great for this board and am not undermining you at all but in my minds eye i can see Jimmy Heart from the WWE days with the megaphone thats how i see you. (maybe a few will remember)
I have 'Hold' as my opinion but in reality it is a 'Strong Buy'. So why didn't I declare it... well I do not wish to be seen as a 'ramper' or for that matter a 'de-ramper'. I've invested a modest amount in Alien... in two tranches - one tranche relatively low and one tranche about as high as you can get (!) Am I despondent, well the answer is a definite 'Yes'... and a 'No'. However, I am confident in the Board of Directors of Alien especially the CEO Brodie who I believe is one of those you rarely find is on the ball and somebody you would be prepared and inspired enough to go 'over the top with'. This confidence in the 'Leadership' alongside that of ALL the assets/projects Alien is involved with gives me confidence/reassurance in the medium and long term future of Alien. Maybe I am wrong but just think where a company like Alien could be in 5, 10, 15 and 20 years time. I realise it is difficult for some to imagine those time scales and I understand that... especially the younger you are. The histories of companies such as Alien often end in being taken over by one of the more established mining entities.. but you can still be part of that AND make a good profit out of it. Never be embarrassed by 'profit' or making money - 'Profit' does not make it bad... use that profit to invest further and make your life and that of your family that little bit better. Companies like Alien... and there are others - can take you out of your' rat-race' existence and give you the financial security that can last you a lifetime. Keep patient... don't be greedy... and when the time is right take a profit BUT do give this company some time to develop - give it a 'Chance'.
Good Luck everybody
I think that last G&T might have been a little heavy on the Gin..Hey ho!