Member Info for 944Turbo

Hi Guys sorry been in a meeting all day but kept glancing in to see good old teams lol.

So I've noticed over the days the toing and frowing with Tacet and lots of people getting wound up. He now seems on the upside and being positive. Do we think we could all draw a line in the sand and start again.

There is more positivity than negativity and we dont need to surround our selves with negativity being mental awareness week perhaps it is something we could all think about.

Everyone even Tracet believes we are going up and I'd be happy with his 3.3p by the summer. He may have wanted it to go down or stay stagnant for a while to wash out the shorters has he put it but we know that's not going to happen .

Lets all try and stay positive even if we have dropped slightly today which probably means our friend will return like he normally does.

Lots of news to come and lots of things aligning to make them happen.

944T

5x5 yes HL said the same to me which I replied 12 months ago you made me £1800 I have returned over 100Xs that so who do you think I'm doing wrong don't you all say your investment can up or down depending on the market, he just smiled and I said I think I'll carry on with my own invest meant.

944T

looks like we are trying to achieve the same thing lol which is great. Took control of my SIPP during lock down and now 400% up on where it was. Happy days

944T

Pep those calculations are just my thoughts working on the DSO of what could happen. Personally I will be very disappointed if it doesn't by the end of the year and I'm sure there will be others on here who will give their thought.

944T

Had to come round to eventually bud lol,Shouston what’s happening to t boil.

944T

So Fenix didn’t start there works until September 2020
http://fenixresources-com-au.stackstaging.com/wp-content/uploads/2021/01/44mtbz47b2qx4t.pdf

Some great ASX posted that are Australia’s RNS . Shows how they went in contract with a miner and crusher then transport and still returned great profits really well worth reading is you want to learn about DSO it’s a must.

More I read the more excited I get lol .

944T

Mullet and Barrett

Have a read of this link and the information from Fenix Resources makes really good reading regarding shipment cost processing etc. Think anyone who reads it will realise that in the short term the DSO will move UFO.

https://fenixresources.com.au/

944T

I cannot believe how much UFO are using Twitter lately.

Lots of posts on DSO and mention of the Hanc0ck and Brockman range they must be really confident of what’s to come or this would be a massive egg on the face job.

Certainly using social media to its best , well done guys.

944T

Guys following up on ETW earlier and him doing some cals this is a post I did on the 8 April 2021. Look at the DSO price then ($150) to now ($200) and you will see these figures are now 25% out. so I have upgraded them by the side

240,000,000 x$ 150= $36,000,000,000 that's 36 Billion $ TOTAL NOW 42 BIllion

Im going to do the JV at an exception rate because we are proving it up 75/25Split

so $36,000000,000 - 75% ( 27,000,000,000) 25%= 9,000,000,000 or
so $9,000,000,000 49% own by other party (4,100,000,000 = $4,800,000,000 NOW $6 Billion
Leaves Alien Metals with $4.8Billion
$4.8 Billion divided by 4 Billion shares = $1.2 NOW $1.5
$1 = about 73p so 1.2= 87pNOW £1.10
87p a share on 240 million tons NOW £1.10
43.5p a share at 120 million tons NOW 54p
Nearly 22p for 60 million tons NOW 27.5P

Yes this is all based on what's in the ground but still makes interesting reading. I know there is a calc for materials in the ground which I'm sure someone will give.

Id Also like to see the Fernix calc which I know is out there so we can compare doing both.
Then we have a like for like.

944T

Nice one ETW look forward to it. Love a good calc lol

944T

Hi everyone

Late post tonight, I listened to the interview several times and took some good pointers from it.

Thought it was interesting that he kind of made a point that the assay drill results we had had so fate were really from the poor areas of DSO with the better areas still to come so that was very shows it’s only going to get better.

I have always said a JV is the way but after reading what Fernix are doing it seems very viable, you only have to do a deal upfront and your away if you can also agree an upfront payment your outlay is greatly reduced which again I think is what Fernix did so yes great opportunity.

EH I liked s the platinum and palladium comments and wanting to get back out there with possible drill available.

Lots to look forward to, I’m expecting Donovan 2 drill news soon since Capstone started at the beginning of February. Would also be good to know where we are with the Mexico paper work.

Then we still have the Brockman DSO to drill.

The next 9 months will see this company change. Who’s up for the December AGM could be a great time to get together.

944T

EWT great piece of work very interesting read.

Let’s see what next week brings.

944T

Sorry HH yes you are correct it was BB and has usual very wise words from you.

944T

I think everyone is allowed their own opinion and I for one know what I think and what I have researched. Anyone who uses this BB and does their own follow up research will know who they want to listen to, Paul great comments, EWT love the charting comments great input as usual. You even have HH who has filtered him tonight that should say enough Namps just cannot stand people who cannot back things up or pump and dumpers.
All in all their are some good people on here and I wish them all good luck that we can all get richer together.
Lots of news to come and yes I was getting frustrated but calm again now.
Let’s not forget Capstone drilling for gold and copper with the first drill results not many weeks away either.
Sleep tight UFOers how time will come.

944T

I think there is a deal to be done with the tailing, the owners cannot afford to process them so its a case of agreeing a % deal lets say 10% for doing JS. So I think we said there may be $8M dollars worth or something like that then you have the processing it also says we can get around 70% of the actual amount out so quick cals.

$8m is the full amount 70% is $5.6M if it 80% $6.4M
lets then say its 50% of the cost to process, ( I have no idea but that seems high )
that would give you $2.8M or S3.2M
10% to the owners 280K or 320K
Leaves $2.52M or $2.88M

Now I don't know about you but that seems easy money to me you would have to do a 250M 1p share placement to raise that.

Just my thoughts

944T

LOL PaulQ you must be pushing towards that 10M mark now then.

944T

BB @944Turbo

Nice one Naps.

944T

Hi naps no you cannot message but you can message me on Twitter same name.

944T

Naps I'm up that way next week on Thursday to our Warrington Office then out looking at land in Sale, Timperly and Prestwich.

944T