Member Info for Arkonite

This share has changed my life entirely when I ran it from under 4p average to £3. With the Helios update, I’m back checking every day. Congrats HODLers.

It’s already proven bigger than it used to

10x deeper here than I was with ARB at 3.5p. Wish us all luck…

EH still under the radar, but when the next RNS drops going to be very interesting.
People are yet to wake up to the price of iron ore and the assets we have here too…
Invested since April 2020, and this has the makings of a similar move IMO.
GLA Aliens

Sorry should have clarified - the Gold chart, not the UFO chart (yet)

Wow - the chart is looking out of this world….
When silver pops though…

Hold your horses Aliens, feel we could see some major moves in Silver & Gold this week. So far we’ve just had a liquidity squeeze from papers needing cash. Once we crack beyond $28 watch this space…
GLA

In times like these - it’s going to take some frugal resolve.
However, I feel pretty well positioned here to capitalise on this supercycle. The breadth of assets in a pretty secure geopolitical location have always been a tick for me.
The affirmation of trade ties between Aus, USA and UK.
GLA Aliens

Iron ore, silver and PGM on an absolute tear.
Helps we’re all invested here I guess.
GLA Aliens

Fantastic RNS - GL Aliens, resource keeps growing!

Spoke to TP re: research note lacking detail.
Feedback and new note in the pipeline from the gist of things.
This news flow is phenomenal.
GLA Aliens.

Gm all!!
Good times ahead to be an Alien!

https://www.google.com/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/963595

So is it right that the $30M CAPEX could be paid off in under half a year, and there could be another $10MT+ on the ridges?
Geez - all looking good here…

Basically we have an iron ore GGP on our hands.
For only a $30m CAPEX.
Well done all!

So back of fag packet:

Iron ore extraction profit minus costs (current)- $65/t
Total tonnage (current) - 10.4MT
8 year mine life
1.3MT/year extraction rate
Potential operating profit $84.5M/year

Seem roughly correct from figures?

GLA Aliens DYOR

Will take 6 million in a go. NT to buy.
GLA Aliens.
Patience will be rewarded.

Very pleased with this...
"As at 30 June 2021, the Company had total assets of US$8.5 million (2020: US$1.6 million), of which US$3.7 million (2020: US$0.7 million) was cash. "

Fenix for comparison:
- Mineral reserves 9.8MT.
- Ore Reserves totalled 7.1 Mt at 64.09 Fe% as at 30 June 2021.

If we get our skates on (or get help) could turn this around in 12-18 months.
GLA Aliens...

https://fenixresources.com.au/wp-content/uploads/2021/09/FEX-Annual-Report-30-June-2021SIGNED.pdf

"At this stage, there’s a good possibility that Alien will be able to ape its larger peers Fenix Resources (ASX:FEX) and Strike Resources (ASX:SRK) and put together a direct shipping ore operation in fairly short order. If that is achievable, then a significant re-rating might be on the cards, given that Fenix has risen by over 500% during the past 12 months on the strength of a relatively small operation."

https://www.proactiveinvestors.co.uk/companies/news/948491/alien-metals-set-to-drill-into-australian-silver-and-iron-ore-projects-imminently-948491.html

Taking the iron aside...

https://www.alienmetals.uk/2019/12/alien-confirms-confidence-in-silver-resource-at-elizabeth-hill-silver-project/

- Really looking forward to the drilling adding to our indicated/inferred ~3M Oz Ag at EH.

https://www.proactiveinvestors.co.uk/companies/news/959861/alien-metals-boosted-as-drill-results-show-elizabeth-hill-is-larger-than-previous-estimates-959861.html

- How much larger? Only time will tell, but seems there is a good chance of Cu as well...