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@smiller, the tile of the RNS says it all:
"Initial Drill Results from Hamersley Iron Project confirm Direct Shipping Ore mineralisation
Results include 13m @ 61.5 % Fe from 2m depth"
66m of Banded Iron Formation (BIF) intercepted in hole AM21RC001 027 - results due in coming weeks.
I have a feeling Bill might plan a DSO operation using contractors, and fund it by selling off the Sirius Extension to Brockman Mining who are aggressively buying tenements adjacent to their Sirius Deposit.
Thanks for the RNS update Max and for quoting nearly every part of it. If only they would release it in the public domain. Great news - 3 months delayed and not even half the results. Sounds like ‘best apples on top’ at the market. Been given best results of bad bunch I reckon. Market has reacted well though? Maybe they didn’t get the memo/rns. Another shoddy move with lack of news and builds less trust and leaves lots of questions unanswered.
And title does say it all I’m in agreement with you there - initial results. Good shout
Wolfy sell if you even own shares, do us all a favour
@trolls we are growing tired of you. Bill updated us to what he can with more news coming this month... he didn't give best of the results, he gave us what he has got back as per rns lol atleast read it before you post slime
Bill's RNS this morning is a smart play - far better than leaving holders in the dark about any news which would give background de-rampers greater opportunity to build up a negative narrative against a company that is primed to increase in value over the next few months. Patience is a virtue and will reward those who are in at this point.
Golden rule - only invest if your 99.9% certain and happy with the company. Am not 99.9% certain with GGP
Naphman - I do own but to be fair that’s none your business. And when you say ‘all’ who are you talking all about? Is it the Alien metal cult on here?
Smart play - yeah 3 months late rns and not even results. So Smart
Trolls you say? You mean facts. News expected late Feb. We get not half the results start of May oh and with no information where the rest is.
Everyone again jumping on the Alien bandwagon. Keep it real here. Read to the bit of the rns that states about the next steps below - they now have new areas due to explore thanks for to there access haha. Interpreted means we have more money to throw down drain soon where give you a shout when required haha I really hope I’m wrong and am
Fully invested here - but I have a bad gut feeling about this but time will tell
As part of the next phase of work, the Company is planning for surface traverses and sampling of as yet untested part of the tenement as well as planning a next stage drilling program as it now has greater access to these new areas.
Wolfy81
Naphman has a point. Your posts come over as a very unsubtle deramp. If you are invested then could you post the positives that you so far forgot to mention.
Quite a few of the usual characters are in a bit of a panic today! Worried they missed the train perhaps
Wolfie, you are a bully. One cannot argue with a bull.
UFO has potential and as soon as it is more obvious
you will be a Super Bull. Take it easy. Do not upset investors
who are looking forward to a steady rise of UFO.
lol Wolfy - Bill's move is smart because if the full review of the assay results are taking a little longer than everyone would have liked he has at least kept people updated of the progress to date, at a time when 'holders' like you want to undermine & utilise every opportunity to neg the company - presumably with the intention of re-buying at a lower price -and/or recovering your cash as you are supposedly.
wolfy you sound like a little girl, its not my business any way if you own shares or not, hahahaha you joker you.
made me laugh
read his posts in zippys voice off rainbow makes them even funnier
wolfy you sound like a little girl, its not my business any way if you own shares or not, hahahaha you joker you.
made me laugh
read his posts in zippys voice off rainbow makes them even funnier
Thank you Wolfy. It is good to read a more balanced opinion for a change. Again truly incredible how emotional some LTHs get when something non-ecstatic is posted about this company.
Myavuan you are another not invested or shoulf sell as you never have anything positive to say
There's another one lol - such an unnecessary post / attempt at a wind up. Keep 'em coming :D
Jesus Wolfie if you don't understand how AIM mineral exploration works why are you here?
Myavian. Your post history, how pathetic? You give Chris2 a run in stupidity. W * n k € r $.
I love how Wolfie and Chris2 have riled up the board with usual negative nonsense (sorry to you both, but it is).
Wolfie you're either a holder as you claim to be, or you're not. Assuming you are holding a reasonable amount and you DO have "a bad gut feeling about this " then sell. For goodness sake sell. Why, if you genuinely believe what you write here, would you continue to hold ? I would actually like to see an answer here with your workings-out.
Chris2, while we're about it, you have been called out numerous times here to provide evidence for your nonsense. You have never once managed to do that. Your voice is empty.
I also love how napthman's posts are duplicated and each of them gets several Recommends.
Now, onto the RNS in a little more detail/opinion/conjecture.
It's not explosive. It's not the multi-bagging RNS from heaven. It is 1/3rd of what we've been waiting for and the results appear to be encouraging in a couple of areas:
Ease of mining - it looks like the ore is easy to reach, reducing cost whether Alien haul it out of the hill themselves, or JV so they can get on with the day job of exploring.
Increased deposits - the RNS states "Drilling confirms new iron ore zone targets in permit area . . . much larger target areas for follow up". No new permits needed, more positives to come.
Reassurance - the publication of progress should reassure investors of A/ progress, and B/ positive outcomes - at least much better than perpetual silence (see ECR Minerals for an example of that).
On the negative side I would point out that the best results from 17 drill holes only highlight 3 at >51.5% DSO. If that trend can be applied to the remaining 36 holes then we can anticipate a further 5 or 6 with the exact stuff we want to see (IE: large bands of DSO that can be easily reached). Alternatively, they do already have all 36 results but have only today published the best of them. To be clear, I genuinely don't believe this to be the case. Conspiracy nutcases are invited to leave the forum.
Market reaction is muted after an initial flurry upward and then immediate retrace. I suspect today's news is the first step on the stairs, and clearly not an elevator to the top of the Empire State Building.
End of May we'll hope to see a second step upwards. If silver breaks $27 and edges to $28 then that would be a third step. Good announcement on the EH Tailings = a fourth step.
A lot of "ifs", but that's the nature of AIM/Mining exploration.
Hi pickusawinner
I am a holder and have been for sometime. I have been patiently waiting for these results for Hamersley sometime
And when someone tells me end of feb I don’t expect it start of May. If that’s hard to understand for you let me know and I’ll explain further. As for why I hold I hold at 0.18. I am an investor and choose my stocks on the best of my ability. I will sell when I think time is right and at this point the time is not right. You can't predict the future and I personally thought I would have want I wanted out of this stock and be sold now but due to the no news and drip feeding this year I am still here.
As for this board it’s the LSE chat board. Not the Alien only accept positive comments board or you asked to leave because your giving an opinion against the sheep. I can take a hit here if I am wrong as would not of invested otherwise. . Enjoy your day
Just to clarify - I’m not ‘deramping’. It’s a just different point of view and an opionion
I’m not a bully - got no idea what you are talking about I’m giving an opinion on Aline metals
I’m not a little girl Naphman. One - that’s a sexist comment
Two - sort of to follow on from first points - it’s just opinions. This is a discussion board. It sounds more like an army being put together made out of breadsticks and crisps
"I hold at 0.18"
"when someone tells me end of feb I don’t expect it start of May."
Wolfy, with all due respect, this is a mining stock, so patience is key. A couple of months delay is nothing.
The last time the share price was 0.18 was 10 months ago.
I think we can all agree you have done remarkably well so far, especially compared to what your investment would be looking like if it sat in a bank account.
I can't understand your frustration, except that perhaps it comes from being a little miffed that you didn't sell on the 3p spike. In which case, c'est la vie.
Perhaps it would do your stress levels some good to sell out now and find a more promising explorer. I wish you the best of luck with that.
Peace and zen and perspective, folks!
chris2 what are you doing here honestly ? I can believe wolfy is a holder and he has stated he's in it for the long haul he just offers a different opinion. But Chris you clearly don't like the company why waste time on here. Wolfy I don't see you as a deramper and actually this is a good board there are lots who often question stuff and discuss HH, BB, Turbo etc , even today I initially questioned if the numbers were good because I mistakenly thought DSO was >62%. Ill question everything even though I like the company .. Not everyone here ramps , not at all.