Member Info for 944Turbo

HH so true, only recently someone said to me how lucky I was to have a good job nice house nice car etc and I replied you know what I’ve noticed the harder I work the luckier I am.

I hate negativity some people always have to look on the down side instead of trying to look at the positive.

Like you say sometimes you have to go against the flow or think outside the box instead of being a sheep.

You are here once it’s not a dress rehearsal. In being old we become more cynical but we are also a little wiser.

I agree with your thoughts on UFO in its prospects and future but didn’t manage to get in quite at your starting point. I was sub 1p for the majority of my holding and only just over on the rest having purchased again this week but like you we will see if we were right.

944T

HH it’s people like you who give me faith. Have a great weekend.

944T

Morning All

So after yesterday’s RNS and some of the posts that followed. I did some thinking and if you come at it at a totally different direction you look at it differently.

So Yesterday it was what a waste of time, another jolly lol when it’s actually virtual, not the news we wanted, why no news etc etc.

Now let’s look at it another way. You will be presenting in front of your Piers along ,other mining companies along with investors and financial institutions. So the last thing you will be wanting to do is make a complete Cxxk of your self or present a pile of Sxxt. These are opportunities to show yourself and the company off . So you don’t make comments like and I quote.

"Alien's attendance at the Swiss Mining Institute conference will be an excellent opportunity for us to engage directly with key stakeholders and investors in the country. We look forward to presenting and meeting other attendees from the mining community to showcase our exciting projects and to discuss opportunities for Alien in line with our strategy."

So let’s wait and see what happens. I think Max’s comments regarding news might not be a million miles away.

I look on the conference differently with a glass half full not half empty.

Just my thoughts

944T

So the weekend is upon us and what have we learned.

1 - Well certain people think we are all fools investing here.
2 - Certain people think we lie about how many shares we own or who we are.
3 - Certain People think we are not investors at all.
4 - Certain people think we are clueless.
5 - Some people think we influence people to invest when it all lies.

SO on that front nothing as changed according to some.

Well I don't really care what they think and I'm sure this post will be lambasted. Ill be called insecure and lie about what I own and don't own share wise. Well you know what I don't really care because I know the truth.

I invested he because I wanted to because I did my own research spent hours reading and watching and searching just to satisfy me, and you know what guys that's all that matters. No one forces anyone to buy or sell, you don't have to take any notice of any posts its all out there to find. I know who I follow and I know who I read and I know who's information as been thought out. SO I read it take on board what I want and comment when needed,

Shares go up and shares go down the AIM market are always a gamble do your own research and make your own decisions then you can blame no one but yourself.

Have a great weekend and stay safe and In the words of Terry Thomas for those who can remember tight lines, lol

944T

Wozniak and eeyorewaysis can I say I find both your post refreshing from people who not post a lot. Your comments are right on the money. Unlike the 3 derampers who continually spout their drivel.

944T

944T

Millsy just leave it until the end of April then make your choice don’t just jump when it gets to 1.5 because you will look back and curse in my opinion.

944T

Chris what proof do you have with regards to people who say they are long term holders and you think not. Apart from Max who you love deeply.

944T

Mapp that's a 360 degree turn around from yesterdays comment what's changed. Although I can see you may have been hit hard with GGP and OMI.

944T

Norm to me this is the ideal JV incentive you have BHP and RIO with rail links near by. They would probably want to come and do more extensive drilling to try and come up with a more accurate estimated maiden resource but would be a money maker all day for me with no more expenditure. Also looking at those figures they would greatly improve on 1.5m Tons a year if railing it out compared to wagons I did some cals which looked really really attractive wouldn't mid your thoughts.

944T

Norm did you see this link I posted the other regarding day DSO. Make a very interesting read and might help your cals.

https://thewest.com.au/business/public-companies/strike-edges-closer-to-pilbara-iron-ore-production-c-2359054?utm_campaign=share-icons&utm_source=twitter&utm_medium=social&tid=1615907565535

Thanks Norm much appreciated.

944T

Norm that would make a massive difference to my SIPP after yesterdays purchase lol Id be counting down the days lol

944T

Norm I was only listening to the news today to hear Mexico are having massive issues with COVID and hardly any vaccinations being carried out.

944T

Norm and BB agree with you both think a nice steady climb would be best for all but lets face it if it did spike to $200 by the end of the year or into 2022 where would this share price be with results back from all our exploratory and drilling works in our 4 silver mines lol. I for one would have probably sold with the majority of my UFO are in my Sipp and sailed off into early retirement which is still the plan. lol all getting very exciting I think next Wednesday ( which seem to be ufo's preferred day for RNS) we will get the magnetic survey back and the week after the drilling assays. If you look back to when they were drilling for the DSO the area had more rain than ever recorded in Jan and Feb with very little work being able to be carried out hence the delay. All getting very exciting.

Lets hope so Max did you like my article from late last night about the DSO.
Todays purchase put me on 11m by far the biggest investment .
Just need an RSN in the morning with good news lol.

944T

So I have just purchased 3.5m extra which you will see anytime soon couldn’t buy in one hit so had do so several .
That’s commitment for you.

944T

So if I’m reading it right they talk of $70 million operating cash flow and $15.7M for all the operating costs ( mining, screening, crushing, transport and shipping etc ) on 1.5m tons based at a DSO conservative price of $115 a ton.When it’s around $170 a ton.

So just to make it easy around 50% more than the calculated cost shown. Which in true terms means adding adding an extra $55 x 1.5m = 82.5m on top of the $70m so $155m cash flow on 1.5m tons of ore Over 4 years is $620M , less the $15.7M operating cost which I’m saying per year so for 4 year it would be $62.8 M leaving around $557m profit.

Now I might have that totally wrong and I’m sure someone will compare and recalculate but if that’s on 6m tons just thing of the number on 50m tons or 150M tons.

Just gets the head spinning lol.

944T

Here you go guys came across this which makes very interesting reading regarding DSO in the Pilbra.
https://thewest.com.au/business/public-companies/strike-edges-closer-to-pilbara-iron-ore-production-c-2359054?utm_campaign=share-icons&utm_source=twitter&utm_medium=social&tid=1615907565535

944T

Paul I can add a few more to that

GGP 38p to 22p
OMI 28p to 21p
EUA 40p to 29p

Just to name 3 more.

944T

Max another fantastic find well done bud. Have to take my hat of to you and very much appreciated.

Some definite bargaining to be done on the JV if only we could get hold of that other 49% lol.

944T