Member Info for 944Turbo

Bamps I knew you would know the Simpsons rule when I said last week lolllll. Good watch by the way.

944T

StarBright and EWT98 I hold GGP and have to say I cannot believe how it’s being manipulated there is no way in the world OMI can be worth more than GGP. GGP will be extracting gold in 2 years time with a resource that will be over 15 million tons. OMI are drilling and probably 10 years away if it ever happens look at SOL. GGP is a no brainier in my eyes I’ve been in since sub 8p and never sold. OMI looks good don’t get me wrong but proof is in the pudding Haverion will be mined. Drilling 6300m by June 9 drilling Riggs flat out. I just don’t understand how it’s been butchered but It will bounce back. Rant over back to UFO sorry lol. I know naps feels the same.

944T

Better if I put the bloody link in sorry,

https://www.bing.com/images/search?view=detailV2&ccid=uUyjOJ4d&id=23D9270881F0AC9166E054E1B61FA4F504957B83&thid=OIP.uUyjOJ4dDv1DaIlHrL7ucwHaFV&mediaurl=https%3a%2f%2fwww.mexicominingcenter.com%2fwp-content%2fuploads%2f2020%2f10%2f30092020-Acquisition-of-EH-Surrounds-Final-1024x737.jpg&exph=737&expw=1024&q=elizabeth+hill+silver+mine+pictures&simid=608003130288573244&ck=04FA907635BC3F5EFF98687932B680C4&selectedIndex=22&FORM=IRPRST&ajaxhist=0

944T

Just found this which think gives a great view of things didn’t know EH was 50klm from the coast also shows Munni munni.

So whatever materials are needed you have a major city and shipping port near by.

944T

BB we must work in almost the same game I have lads going through all the retirement lodges we own doing and upgrading fire stopping nightmare,

Has for Max couldn’t agree more I look a loads bust find nothing like what he dose so fair play.

So exciting times a head me thinks.

944T

EWT98 I agree with you whole heartedly I think we are in a very fortunate position we have 2 commodities that the world will be crying out for.

I really see the DSO as a quick revenue spinner with the right JV partner who either gives us a lump of cash upfront in an agreement to not push on with the extrusion of the DSO in a given time period and I means 10s of millions if not more. Or a JV with a partner who will agree to commence .

The EH one could also be an easy win depending on the on the condition of the mine after standing 15 years. Fingers crossed it may only be water and not structural collapse. If it is just water and using my construction head it might be able to begin to start producing in a short time ( 12/18 months) . I'm not fully ofay with the condition or set up at EH and if it was just left to go derelict. Max do you know are there any pics anywhere.

I think the same very much applies to the Mexico holdings having been mines in the past. I know all this is vey subjective but again we are not mining from scratch.

To me the opportunity looks fantastic,the coming months are critical with drill results and the possible silver explosion ( which I believe will happen ) could ignite this share.

My only thought with regards to the drilling results is lets not pin an exact date on it. I know Bill said end of the month but the assay offices are really busy in Aus and taking longer to process so lets not get to the end of Feb and start Bills a liar its a duster etc etc . Patience is whats needed I keep saying it.

With regards to dilution of the share I agree it will happen but Bill said we had $4 million dollars or was it Pounds in the bank so well financed for this years work so I wouldn't expect a placement until later on and would expect it to be in line with the SP at that time not a drop back because that really would P investors off.

All in All I think we are in a good place yes we need a bit of luck who doesn't but all in all to me it looks positive hence my investment in here with others.

944T

I think this is a very valid point to the majority of mining with DSO probably being the exception.

This material is dug straight out the ground which we know is from surface put in to wagons transported and shipped the tipped straight into the Furnace. There is no processing involved so revenue return is straight away .

You don't have to build a mine and a processing plant so very little outlay. I do see this as a major game changer compared to traditional mining.

944T

Polinvest what a ridiculous statement to make you never held any GGP the 38p jan 21 and 22p feb 21. Ufo 1.2p and still 1.2 p let’s look again in 6 months GGP up above 38p UFO over 6p.

944T

HI Norm/Happy yes that is on the full mined value a JV of 70/30 is more than achievable that's what Newcrest gave GGP on ground they owned that had not even been drilled. RE looking at your Norm I can see now you use the 5% as still in the ground in which case we are not a million miles apart. but sooner or later it has to come out the ground and there's no processing just drive it to the furnace and tip it in so the return is a quick process much quicker than gold. in fact you could work it out daily on excavated tons. lol

944T

Hi Mullet Bill makes it quite clear in his interview that we don't want to enter into a JV when they just sit on it he wants it up and running for a revenue return. .

944T

LOL BMW 530 E Norm for work.

OK so Here's how I see it and I've done it slightly different because yours works on us doing the excavation and trans port. Mine is done with a JV which think is by far the best route. I'm also working 240 million Tons so we are at the top end and my cals in American $ then will calc to uk . so here we go

240,000,000 x 120 = $28,800,000,000 that's 28.8 Billion $ TOTAL

Im going to do the JV at an exception rate because we are proving it up 65/35 Split

so $28,800,000,000 - 65% ( 18,720.000,000)= 10,080,000,000 or just over $10 billion
so $10,080,000,000 - 49% own by other party (4,940,000,000) = $5,140,000,000
Leaves Alien Metals with $5.1 Billion
$5.1B divided by 4 Billion shares = $1.275
$ 1.275 dollars at todays rate is
92p a share on 240 million tons
46p a share at 120 million tons

Please feel free to go over it but you will see its a little different to 14.5p

Norm/ Bishop any thoughts LOLLLL apart from FXXXXXXXXX

944T

Hi Norm I think your Calc is out I’m driving at the moment will try to give you my thoughts when I can cheers.

944T

No I didn’t sell out early because you set yourself a target and when it reaches that target you sell and You are happy with the profit that you made. It’s all about setting goals and achieving those goals.At the start of yesterday I could have purchased 200 K of UFO shares but because of what I did today I was able to buy 400 K of UFO cheers result. You do it your way and oil to it’s mine. It’s worked for me so far.

944T

I just managed to see the cannabis thing and noticed called MGC had started well so thought heres this months SIPP money lets have a flutter and did it flutter I nearly sold out at close yesterday and then had to drive to Burnham this morning for a meeting by the time I looked it was 78% today so thought that will do sold out and brought in more here lol.

UTRS nice holding would love to get to 10m have 7.4M and would have to sell from a few others and Im never going to sell my GGP no matter what it will turn.

Keep the faith people.

944T

Just made a nice little earner on KANABO brought 2k yesterday for a tester first days trading in at 15p just sold for 34p sure it might go up but I'm happy . look for the ticket 400k buy at 12.18pm 1.1345.

944T

HL is fine

944T

Guys have a read of this and I believe Rio are right next door to us with BHP . Lets hope there's 240 million tons of DSO.

Then who knows where the SP would be lol.

https://www.theguardian.com/business/2021/feb/17/rio-tinto-record-dollars-9bn-dividends-for-2020-mining-china-commodity-prices

944T

Morning Miller that’s A fantastic video well worth watching.

944T

Bishop I love how Max is now your buddy a few months back you were beating the crap out of him lol.

Casa patients is a virtue lots of updates to come from the end of the month.

944T

Park boy I went to 7m today only had to buy 24111 which actually shows as a sell. Glad your joining me lol,

944T