London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Global Mining Review (@Mining_Review) tweeted at 11:02 AM on Thu, Jan 27, 2022:
.@AlienMetals provides Elizabeth Hill drill programme update #GMR #exploration #silver https://t.co/fp5OMZs074
(https://twitter.com/Mining_Review/status/1486655934088757260?t=EXYYIM9o3qFONoLtQ9-sJQ&s=03)
Maybe Upside, from your twitter - you think some action on Brockman? Looking forward to your posts when EH gets going, great work. Thanks - your getting as good as PG!
Oof, now that reads like I need to up my topslice target. To be fair I don't think any of us will ever see an RNS with grades like again. Oh wait a minute, all signs point to further upside for Lizzy Hills. Maybe we will :)
Hydrogen this is amazing news but pls check if this is correct
You may be missing the SG specific gravity of say 2.5-3
So 24m @ 27oz/t
13,800m3(cubic metres) x 27 x 3 = 1.1m oz just in the hole / small area [thats just one hole! DD001
Even a lower SG of 2.5 thats just shy of 900k oz
What about hole DD003?
o 9.7m @ 8,326 g/t Ag (267oz/t Ag) from 15m in drillhole 21EHDD003; and,
o 24.8m @ 829 g/t Ag (27oz/t Ag) from 2m including 11.7m @ 1,735 g/t Ag (56oz/t Ag) and 1.7m @ 19,865g/t Ag (639oz/t Ag) from 23m, in drillhole 21EHDD001
Hydrogen.. the scale of this could be eye watering .. its the concerntration grades vs the size of the area.. the drill map shows that we are approx 150M square... the existing mine is 150M deep.. as I said this morning.. if we were to get the average grade so far (4000g/t from the 3 holes) across that size of site at depth..
I refused to post the number this morning that it gives as its frankly ridiculous and I would look like a fool.. but the maths is correct.. its just the size and shape of the deposit now...
Very excited to be invested for Elizabeth Hill but in the meantime are we awaiting an update from Hanc0ck?
12 Jan RNS extract: .46 RC holes for 1,146m were completed prior to the end of 2021, targeting extensions to known deposits and infill drilling on existing Resource of 10.4Mt @ 60.4% Fe
· As part of the ongoing development studies, the Company also collected a bulk sample of about 1,000 Kg of high-grade material for initial metallurgical test work
· The previously designed diamond drill programme commenced on Monday, 10 January 2022
@norm - if you try very hard to be very cautious you can just about get some more modestly acceptable numbers out of the calculations. ;-)
If you do just run the numbers at face value for fun to see what comes out, as you say things do get silly and you find yourself looking further and further up the FTSE100 list to find anything of comparable mkt cap.
Still we've a lot more work yet to conclusively prove how big EH actually is and how consistent those grades are, so lets just see what happens as things progress.
@HH yep I am defo a realism type of chap.. as i have said before I always look to value companies using real JORC assets at 5% value in the ground..
my value for UFO is currently 1.2p based on Iron ore and cash only...
I think the thing is with this result is that the holes are in areas 20 / 40 M away from the mine.. which we already know is very high grade.. 21EHDD004 is 60M or so to the East side of the Mine and although we dont have the full result in just 1M there is nearly 10000g/t..
like i say if this carries on we will have a monster on our hands...
Or £7 per tonne ( per TP ), 10.4 mt, not even half the DSO priced in.
That RNS makes the last 12 months worth the pain of holding, 7.5 million shares @ 1.2p average, could I finally be blue next week? Well done to anybody who got in at these levels.
Parkboy, if this goes where we think it will, you'll not need to go to work each morning. Bladder twitching RNS!
So don durret says the title if the rns doesnt give the grades justice and hh comes in with its negative slant yet again, if youre all not on to this character then god help you
The LTH deserve every penny, the last 15 months have been gruelling what the SP bleed out every day, I just want to be back in the blue for 2022, I've said before I'm happy to wait for as long as it takes, but I've averaged down from last year and I've been underwater for 15 months, nice to see some new investors on the board this morning, where's my pal Chris?
Most are concentrated on the silver which is great. But the other minerals/metals HAVE to be taken into the equation. Including upto 222g cobalt. If the tonnage is there (no reason why not) with more drilling results. You are looking at a very profitable operation with all the other elements as by products could easily pay for Most/all running costs. Just saying, and yes I do hold UFO shares though don't post. No need
Great news and well done Bill. Bit baffled why this isn't flying tho... GLA LTHs!!
Hi Worzel yes you are correct... Should these drill results keep coming, especially out to the West side of the mine. then we are in la la land here.. there could be so much money here its crazy.. every miner on the planet would down tools and come to Oz for these grades.. even at a 70% - 90% JV give away.. we could be making a serious amount of money...
Bill must be like a Cheshire cat.. he really must.. cant wait to see his next interview...
Good to have you back on the BB Worzel.
UFO getting a lot of attention today.
Alien Metals #UFO @AlienMetals was one of the most followed Co’s on @VO Xmarkets.
https://twitter.com/**********/status/1486708088002334722
Volume is throught the roof.. 309M shares traded today so far biggest day by far since Oct 2020... I can only presume the MM's had a mountain of stock and many long term price prisoners are jumping off ship.. ?
I cant why anyone would sell at this price.. 20% traders i understand.. but LTH's would be mad to jump now...
Hope Mike aka Bishop didn't jump recently. Upside nice mapping on your Twitter, thanks again.
Thanks for the thought 5x5. I'm still here! Was supposedly going for my HGV driving test today, but it got cancelled at short notice. Covid related of course. I've only just seen this and was too busy to even think of selling ;-)
Seriously though, I was going to wait for the presentation and then make a decision because clearly I was majorly peeved off. I think I've been persuaded by today's RNS to hang around for a bit!!! Sorry :-)
I know there's a ton of drilling to do and I don't want to get carried away, but the RNS was way better than I expected, I initially invested here because of EH and silver, if the silver demand increases as expected with EV manufacturing and renewables and the resource turns out to be bigger than expected at those grades, wow! On top of that we have alot of other irons in the fire, I've been critical on here of Bill this week but well done Bill, great start to the year, hopefully start to build some momentum into 2022.
yep theres plenty more drilling to do.. but the area around EH is so small that its not going to take a huge program to get it done.. I would not be suprised to see a partner of some kind come into this should the next set of results be anything like this.. should the Labs clear up, then I would expect a JORC for the whole resource could be achieved in 2022 with the right focus on it..
Bill is going to be a busy boy...
@normbeef what is disappointing is that the volume is through the roof and we haven't been let rise
Volume 309,106,933
Vol. Sold 112,217,259
Sold Value £806,131.96
Vol. Bought 133,172,348
Bought Value £1,038,179.42
Only about 65 million MIA, delayed trades inbound imo.
@5x5Croire no problem, just wish silver would push up then we know sp would take off