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A few pictures….a must see for newer investors, or future investors.
These large Silver nuggets, potentially the envy of every Silver mine on planet earth 🌏 don’t land in Alien spacecraft 🛸 UFO’s. The answer to their source may be at the end of the next diamond drill campaign, whether it’s self funded through near term Iron Ore cash flow or JV.
https://www.mindat.org/locentry-651332.html
Look at them beauties.
World class asset!
Perth mint think so.
https://www.perthmint.com/visit/attractions/gold-and-silver-nuggets
Original news story from 2000, saying highest grade Silver 2000oz, 165Kg silver nugget ever found in Australia, probably the world.
https://www.afr.com/politics/giant-silver-nugget-found-20000526-k9em2
We know they hit an 83,000 g/tm Ag intersection a couple of years back, being the second highest globally in the last 4 years.
Possibly more near surface nuggets where that came from that RC or aircore may get to if the ground is good.
Come on Alien Metals board members you can’t keep your plans secret for ever…..time to monetise…and bring home the Munni Munni 💰
Interestingly if anyone visits the Natural History Museum in London, in the main hall with escalator, they have a small native silver nugget and it states "Native metals are extremely rare".
Just mining for the native silver nuggets with basic mining tech will make us a lot of money, especially during a silver bull market.
A good run on SP on no news, I can't get excited. It dropped on KNAC and mining licence. We're still at give away placing values. Not cool for the true LTH's. Traders dream
Silver need to recover here back into flag.
Looks like we've reached an SP now where some (positive) news is required to get the next leg up to 0.3p+. Hopefully this week....
@DVH, £15m market cap probably doesn’t account much value for the PGM, Nickel, Copper, Silver, Gold or potential Lithium.
I’m just getting the word out there, like I did the weekend and again on Fresnillo LSE board tonight.
There must be loads of folks who will have dipped in and out in the past or never heard of Alien Metals, they will be many sector agnostic investors and institutional algorithms needing a share price above a rising 200 moving average.
If we all do our bit, we should hopefully help a number of new buyers get in at averages below our own.
BEST OF LUCK TO ALL LONG TERM BULLS AND THE FICKLE.
Looks like Australia Silver production will need to make up some the slack.
………………..
https://mine.nridigital.com/mine_apr24/global-silver-production-2024
Global silver production is expected to rebound in 2024, with a 4.1% growth rate to 916.1 million ounces. The increase will predominantly be fuelled by the restart and ramp-up of operations that were temporarily halted in 2023.
In 2024, overall anticipated rises in production in Mexico, the US, China, and Russia, will offset declines in Peru, Argentina, and Kazakhstan.
Mexico accounted for 24.1% (211.6 million ounces) of the total global silver supply in 2023. Despite a 3.2% dip in output in 2023 due to operational disruptions at major mines, Mexico’s output is expected to recover in 2024, with forecast production of 224 million ounces.
This will be supported by the ramp-up of operations at the Pennsquito mine, as well as a 30% increase in production at the La Colorada mine, which faced ventilation issues last year. The expected start of projects such as Terronera, EC120, Media Luna, and Tahuehueto will also boost production growth in 2024.
Meanwhile, global silver production in 2024 will be further bolstered by increasing output from China’s Jiama mine following its resumption in December 2023.
Similarly, production in the US is expected to increase by 16.4% in 2024, owing to expected higher production from the Rochester mine, which completed a significant expansion in November 2023. The restart of operations at the Lucky Friday mine will also contribute to the increase.
Production in Russia is also expected to increase by 8.6% in 2024, primarily due to the ramp-up of the Udokan project and Primorskoye Property, as well as consistent production from other miners. The scheduled commencement of Polymetal’s Prognoz silver mine in the fourth quarter of 2024 will further support production.
Looking at the longer term, global silver production is expected to fall to 876.6 million ounces by 2030, reflecting expected lower production from Mexico. India, Argentina, Russia, and Bolivia are also set to contribute to the decline.
……………….
Come on Alien Metals board, spill the beans….