Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
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.
Amazing potential Norm, and highly volatile means the gains can be Huge. They just need to get things right when the market is willing to appreciate it.
@Wents / Devil .. UFO has potentially a grizzly bear of a portfolio.. we have most in demand metals in some form or other.. Whats been interesting is that when Iron went for a Burton.. the Silver / PGM's went up.. If you think about it UFO is hedged from all sides .. if we add Lithium and maybe copper and nickel etc.. then there's not too much missing..
Sunlit uplands of the 2.7p price target.. Hanc0ck is the key to that.. all this other stuff might be good but its a sideshow for now
Alien Metals and Errawarra Resources form JV for Pinderi Hills Lithium Exploration in WA
https://twitter.com/Directors Talk/status/1785659453217681498
Nah, SP is cheap.
We've just had an rns Max as was expected prior to the non discussions that Alien have helped to sponsor. Anymore rns this week, unless it's a buyout at 20x current sp or a JV worth millions then the sp will be crucified.
RNS Thurs would be nice :)
I think thats enough to safely say that UFO is undervalued having alot more strings to it's bow with it's other tenaments.
Strike Resources got my attention today. Lithium Sale News, however they recently sold Paulsons East for A$20m
https://clients3.weblink.com.au/pdf/SRK/02782896.pdf
Here's a little bit more detail on it's size and grade.
https://clients3.weblink.com.au/pdf/SRK/02767176.pdf
Old news, but just in case you missed it.
I don't know what to expect anymore Norm, but i don't rule out your price target happening, even i might indulge at that price. So i will expect the unexpected .
Just for the record, (i know Max has eyes and ears about) lol
I will not be selling any shares, worst case scenario if the ship goes down, my shares will be coming with me.
@AD
Yes I too really liked Bill. One could say too honest for his own good, he was right about keeping his hard earned for his wife’s new Kitchen. Not sure how complicit he was with the native title and exploration licence mishaps. He had it tough during COVID managing his troops from afar here in the UK. Certainly was around while a lot of prospective deals got done. Probably better where he is with the support he gets in POW etc. His geology know how and enthusiasm can be tempered by someone strategic doing the press interviews and compliance.
@CJ
Braver man than me then, the 2% NSR and proportionality clauses and lack of escrow, set the mind running as to what the future holds.
I do think the Australian markets are better for raising for Lithium exploration, and it does simplify the story to UK investors we are solely and Iron Ore play.
Would like to know if decision was taken about ERW before Rob Mosig decided to join us.
He knows the area better than us, will he be promoted to CEO off the back of more JV’s around Munni Munni, as he wasn’t brought in to broker an in house JV with ERW.
Bill has been a director of Alien Metals since July 2019 and, in that time, has been heavily involved in the Company's technical and corporate activities.
So still a part of it, granted not CEO for the whole time.
There is no better BETA than UFO in a Bull Market. Its a great Share to hold when that Bull starts. The patient ones will reap the rewards from that BONANZA BULL BETA.
The annoyingdevil, Bill did nothing of the sort, he didn't become CEO til Sept 2020. He benefitted from a massive rise early in his tenure then it was all downhill
@Wents look a the chart .. its just the resumption of the long term downtrend.. we nearly broke out .. but there are some pretty strong forces trying to keep the downtrend in tact.. the trading action prior to the JV announcement was a clear sign of this.. UFO have the chance to push it higher .. but its going to have to be something pretty spectacular in my view..
I will be once again loading the boat below 0.0010p if it happens.. I dont want to see that price .. btw
Rob Brierley would be my ideal CEO here. Purely based on what he did at Fenix
Sinter
For my part I quite like a complex multiple JV structure
It certainly inhibits an oportunist takeover bid :-)
He 30 bagged the share for starters Bfd. Then a Bear market happened across the sector. IMO he was an honest chap, who was willing to provide updates frequently. A good GEO but probably lack of corporate management skills to deal with a Bear market.
I’m just trying to second guess the strategic objectives for Alien Metals over the next 12 months.
The combined ownerships have to be considered when doing due diligence, and trying to second guess the influential parties financial objectives.
It’s hard enough in the junior resources sector, it’s easy when investors monies are piling into everything based on the company name, without digging into the weeds.
https://hotcopper.com.au/threads/ann-multiple-pegmatites-arv-ground-further-osborne-jv-results.7618211/page-15?get_post=true&direction=previous
This article on Hotcopper I saw the day it was posted and started my research, but the ERW JV peaked my interest again.
Really hoping some HNWI are present today at the Australian high commission.
We are the junior Iron Ore developer of choice on the UK AIM.
Why would anybody report it, its a fairly polite discussion.
It's one of the good things about this board, atleast until Chris2 appears!
you didn't answwr my question about Bill.
The guy may be a great geologist, who knows, but he certainly wasn't a CEO, as he admitted himself!
If you all report the feed it will disappear.
CJM - Zip. ill stop just because you asked nicely.
More power to his elbow.
He was at the Helm of a 30 bagger.
Time to drop this obsession with RS
He is no doubt a 'hard nose' business man. In it for money (so am I)
His holdings are not sufficient to force any negative decicions through.
For now and the immediate future there is nothing to worry about.
Focus on the many good points. Stop talking new PI's out of joining for Goodness sake.
Theannoyingdevil
What did you think was so good about Bill.
He dabbled in too many things because he was a geologist and not a CEO