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Michael oliver on gold and silver, he thinks silver could hit exceed 30 dollars within a month or two. https://youtu.be/J-JpBgvDCgM
Thats why they drilled lizzy hills not so long ago.
DSO is the priority but lizzy hills is still be worked on and id say youre wrong, UFO is know for its high grade silver as well.
Lets re- visit when silver is at 30 dollars
There are 3 key differences with UFO to other international explorers:
1. "Mining ceased in a single day due to a fall out of JV partners thus leaving a considerable untapped resource."
https://www.alienmetals.uk/project/silver-elizabeth-hill/
Therefore, very easy to turn back on.
Explorers usually need at least 5-7 years to start mining and that is if they ever get permitted to mine!
Elizabeth Hill already has the Mining Lease plus "Alien has erected headframes over both existing shafts and has purchased necessary equipment for dewatering, camp construction and mine re-opening".
You can invest in other juniors that could either miss the whole bull market going to triple digits or never even get permitted due to ESG etc.
2. UFO is the only silver junior play on the UK stock market. You can invest in $6bn Market Cap FRES which is very difficult to multi-bag, or invest in UFO which doubled within just 3 trading days during last #silversqueeze, hit 1.60p and was the best performer.
3. Elizabeth Hill is in world's No1 Mining Jurisdiction & safe, whereas most other silver explorers are in leftist countries.
Plus obviously you have over $3.5bn PGM & Gold next door at Munni Munni, all massively underexplored.
Again... Some nice accumulation going on below 0.42.
A steal at this level IMO.
Another top up for me - i want to see this around 0.75 so i can chill before the massive move up
0.45 watch
Miners are getting a sniff now, a bit lagging in the UK atm but they will follow
Sorry but no real movement, just Mm playing with the spread
sorry bob, the buys are doing it this time. 0.5+ in a flash. ;-)
Ok I will wait and see,I,m a expert at patience, thats why I bought into this company
Directors Talk were engaged for PR who are referring to Alien as a 'Mining Company'. News on the horizon?
Interesting the subtle increase in volume these past few trading days.
bed ^ isa has pushed up volume
too true cjm. Still it looks like somebody is squeezing all they can out of this low SP
Silver price hits 32-month high
https://twitter.com/Directors Talk/status/1645784274451456006
Has anyone else experienced a limit on what you can purchase, I had to buy in 2x250k amounts around lunchtime, Barclays would not sell me 500k in one lump, luckily got them just b4 they went up.
Market makers playing with the spread, all day.
Sellers have dried up and buyers coming in = up we go. Simples.
Loads of people now on fence with cash watching the SP moving up. At what price do the "LTH Traders" (the readers of this BB know who they are) get back in? How do they get back in with a decent position without sellers?? Should be very fun :)))
I,m sorry but I am not seeing it like you do.
Comments from today 0.5 in a flash NO
Silver 32 month high,affect on share price A JOKE
People on the fence ,watching the share price move up NO
Reality Mm,s moving price, playing with stock, tomorrow either drop it back to 0.4ish or leave it where it is for a day ,then drop it.
In this for the Dso and no news until Q3
As for Eh have my doubts on the whole project
If Dso comes good double or triple from here and I,m out,its called investment
Also with 5,327 million shares in circulation, its not that difficult to get back in.
What are odds we are bought out on the cheap before we see benefits ?
Rod is in at bottom any offers will see directors in profits.
Odds? Id say 10/1
SHARE INCENTIVE PLAN AWARDS
Alien Metals Limited, the minerals exploration and development company, is pleased to announce, in accordance with the Share Incentive Plan as approved by the Board on 14 November 2022 it will issue, subject to the satisfaction of specified high hurdle performance conditions ("Performance Conditions"), as outlined below, a total of 178,000,000 Incentive Shares ("Incentive Shares") to the Company's Iron Ore Company of Australia ("IOCA") executive team, subject to the achievement of the Performance Conditions set out below in relation to the development of the Hammersley Iron project.
The incentive plan is specifically designed to incentivise the executive team to deliver the Han**** iron mine into production in a timely manner, minimise staff turnover and ensure a cost-effective development. The award hurdles are seen as high value achievements and as such are strongly aligned with shareholder interests.
yes, i could live with that , lets hope we are bought out then.
“lets hope we are bought out then” why should we ??
No reason to let this go on the cheap mate