Member Info for B_Positive

Yeah feels like news is close as he said deals in due course

Why fundraise now?

I think as we’ve stated, our objective is to find a licensing development partner from this moment. The orphan drug designation should help us pursue that objective towards completion. TO DO SO EFFECTIVELY WE NEED TO NEGOTIATE FROM A POSITION OF FINANCIAL STRENGTH and also progress the programme. WE NEED TO ADDRESS TECHNICAL QUESTIONS AS THEY COME UP DURING THE DUE DILIGENCE PROCESS, which, as some people know, has been going on for some time.

So, with the raise, we’re now able to ADDRESS A SMALL NUMBER OF POINTS that have arisen from that process to date and by addressing those exact points that have arisen, we’re adding value to the programme each time we’re able to do so.

———

They have interest from multiple partners (one being a big pharma company)

They are “addressing a small number of points”.

And as per RNS not all studies need to be completed for a licensing deal.

News could come any day…

Is there any info about the chap who just bought up 6% of this company a few weeks ago?

Must obliged if anyone can share some deeta.

Couple MBE and CLP and this is way too big not to be taken out.

Just the present 1.23m oz in MBE has an inground value of about $6billion at the present gold price, which is now heading back up.

Then couple the further upside being unlocked fast and we are looking at $10-20billion of in ground gold after one or two further JORC upgrades and with a rising gold price.

Conservatively, let's say the company was acquired and bought for about $250 per oz (when gold is over $5,000+) @ 1.5million ounces, you are looking at about £300million.

I think that would be a takeover of about 6.00p a share for ORR?

Meanwhile many of us think this is over a 3million ounce gold company.

Trading at peanuts here.

If it does then I can see this making a move to 1.00p+

I wonder if the exploitation drops next week ahead of the webinar.

EUA went from sub 1p to 40p a share because of strong PGM resources

Something like 0.1 > 5.00p is doable here as Munni Munni reveals itself and th rest

We already know the existing resources is worth several billions dollars

Couple MBE and CLP and this is way too big not to be taken out.

Just the present 1.23m oz in MBE has an inground value of about $6billion at the present gold price, which is now heading back up.

Then couple the further upside being unlocked fast and we are looking at $10-20billion of in ground gold after one or two further JORC upgrades and with a rising gold price.

Conservatively, let's say the company was acquired and bought for about $250 per oz (when gold is over $5,000+) @ 1.5million ounces, you are looking at about £300million.

I think that would be a takeover of about 6.00p a share for ORR?

Meanwhile many of us think this is over a 3million ounce gold company.

Trading at peanuts here.

CDL at 50p a share would only be at a $1bil market cap. A fraction of either.

WSBN hit £60m with no assays and has nowhere near the grades this has. Nor does it has 2 major projects.

Company is saying the geology is showing the same game gold system as both the nearby multi billion gold assets.

Darlot West Gold Project

*The Company believes there is very significant potential for this project to host significant gold mineralisation similar to that found at the Darlot Gold Mine (Vault Minerals ASX:VAU), located only 10km to the northeast and Northern Star's ( ASX:NST) Thunderbox Gold Mine 20km to the southeast. (Figure 1).

*Evidence of mineralisation proximal to these targets are the numerous shallow historical gold workings where sampling carried out by the Company returned assays of up to 65.75 g/t Au (reported on 24th October 2025).

*A prospect-scale UFF survey has been completed in proximity to and along strike from recent high-grade rock chip results, where eleven samples assayed over 10 g/t Au and up to 65.75 g/t Au, with the aim of delineating areas where mineralised structures extend under cover. Results from this program are expected in 2-3 weeks, with follow-up surveys across the wider project to commence once these results have been received.

Crofton

*Initial sampling work was focused on areas of historically reported gold mineralisation where grades of up to 253 g/t Au have been historically reported. This work confirmed historical grades, with 15 samples >1 g/t and up to 162.25 g/t Au.

* At Crofton, our upcoming work is designed to define a pipeline of drill ready gold targets to support our second half of 2026 drilling campaign that will underpin our second half of 2026 drilling programme. Together, these projects provide a balance of both near term catalysts and longer term potential.

Absolutely stunning grades and gold assets about to be unlocked.

VAU Market Cap = $4BILLION.

NST market Cap = $ $27BILLION.

Holding for fking gold buying into this at just £10mil peanuts capitalisation with TWO massive assets with ridiculous grades already confirmed at both.

This and ORR are looking really really good for a proper rise.

Both can make me rich.

If OMI can trade at a £170mcap on just 200k gold ounces then this can get to £500mcap+ with 7x the amount of gold that has already.

Just the present 1.23m oz in MBE has an inground value of about $6billion at the present gold price, which is now heading back up.

Then couple the further upside being unlocked fast and we are looking at $10-20billion of in ground gold after one or two further JORC upgrades and with a rising gold price.

Conservatively, let's say the company was acquired and bought for about $250 per oz (when gold is over $5,000+) @ 1.5million ounces, you are looking at about £300million.

I think that would be a takeover of about 6.00p a share for ORR?

Meanwhile many of us think this is over a 3million ounce gold company.

Trading at peanuts here.

What we know before the assays and 2012 JORC MRE upgrade, from the previous drilling.

Conservative estimates below.

1) What’s actually in the ground

~2.2 million ounces (Moz) of platinum group metals + gold (historical estimate)

Breakdown includes roughly:

~1.14Moz palladium

~0.83Moz platinum

smaller gold + rhodium credits

2) Rough in-ground metal value (very approximate)

Using typical recent ballpark prices:

Palladium: ~$900–1,200/oz

Platinum: ~$900–1,000/oz

Rhodium: volatile but very high historically

That gives a gross in-situ metal value on the order of:

~$2–4+ billion USD

+£6-8mil cash in the JV companies

+West Coast Silver 30%+ ownership of the highest grade silver mine in the world

+Iron portfolio with a value estimate over $100million USD already due to the JORC, sits between Rio Tinto and BHP.

What we know before the assays and 2012 JORC MRE upgrade, from the previous drilling.

Conservative estimates below.

1) What’s actually in the ground

~2.2 million ounces (Moz) of platinum group metals + gold (historical estimate)

Breakdown includes roughly:

~1.14Moz palladium

~0.83Moz platinum

smaller gold + rhodium credits

2) Rough in-ground metal value (very approximate)

Using typical recent ballpark prices:

Palladium: ~$900–1,200/oz

Platinum: ~$900–1,000/oz

Rhodium: volatile but very high historically

That gives a gross in-situ metal value on the order of:

~$2–4+ billion USD

+£6-8mil cash in the JV companies

+West Coast Silver 30%+ ownership of the highest grade silver mine in the world

+Iron portfolio with a value estimate over $100million USD already due to the JORC, sits between Rio Tinto and BHP.

Yes billions of PGM confirmed in historic drilling.

These assays and then shortly after the JORC are going to be absolutely historic.

Have you seen the PGM prices right now?

Then on top of that that the highest grade silver mine IN THE WORLD being drilled considerably right now.

Total exposure to both 60% + around 20% company ownership between the two.

Insane valuation down here.

Then slap on Hanc0ck which sits between Rio Tinto and BHP.

This is a 1.00p+ stock for me in 2026.

These Munni Munni PGM assays + JORC MRE are going to be bigger than any other news Alien Metals has put out in the past 3-5 years.

Just look at the ridiculous grades and resource size already known about:

Project History

The Munni Munni Project hosts significant PGE mineralization. It has a historic non JORC compliant resource of:

24Mt @ 2.9g/t Platinum Group Metals (PGM) and gold for 2.2Moz PGM

This includes 1.14Moz of palladium, 0.83Moz of platinum, 152koz gold and 76koz of rhodium. The Munni Munni Project is considered to be one of Australia’s largest PGM deposits with in excess of A$20m spent on various feasibility studies undertaken in the last 20+ years. Previous project joint venture partners include one of South Africa’s largest platinum and palladium producers, Lonmin.

The resource detailed above was issued JORC 2004, hence it is non-compliant to the current JORC 2012 standard. The Company’s intention are to update the resource models to JORC 2012 standard, in due course, which will allow full evaluation of this significant deposit.

30% + 14% of the company

The one analyst offering a 12 month price target expects Oriole Resources PLC share price to rise to 6.60 in the next year from the last price of 0.33.

Makes sense with the resource growth coming here and imminent licences this quarter.

6p is only a £300mcap as well.

If OMI can trade at a £170mcap on just 200k gold ounces then this can get to £500mcap+ with 7x the amount of gold that has already.

Just the present 1.23m oz in MBE has an inground value of about $6billion at the present gold price, which is now heading back up.

Then couple the further upside being unlocked fast and we are looking at $10-20billion of in ground gold after one or two further JORC upgrades and with a rising gold price.

Conservatively, let's say the company was acquired and bought for about $250 per oz (when gold is over $5,000+) @ 1.5million ounces, you are looking at about £300million.

I think that would be a takeover of about 6.00p a share for ORR?

Meanwhile many of us think this is over a 3million ounce gold company.

Trading at peanuts here.

PGM resource has considerably more upside and than envisioned.

WCS up and GTM respective share prices looking a lot better. Massive UFO cash in both companies.

All metals strong.

Massive new drilling campaign kicked off at WCS with drill results coming throughout this quarter and next.

Munni Munni PGM assays and monster JORC 2012 MRE coming over the weeks ahead. From Mid-April.

I firmly believe the PGM Munni Munni massive MRE begins the roadmap for UFO to 1.00p and beyond.

What's excellent is you have so much major catalysts coming near term, medium term and long term.

Near term.

+World class Munni Munni PGM assay wave.

+PGM JORC MRE upgrade

+Silver drilling results from world class Elizbath Hill

+Iron ore portfolio advancement kickstart

+Potential gold/copper acquisition in tier-1 Australia

Medium term:

+Silver MRE

+PGM further upside unlocked

+Iron portfolio JV and resource growth

Long term:

+Silver production

+PGM production

+Iron production

You'll note in the CA report the value is currently around 0.4p base case with anticipation of over 1.00p+ a share in the very near future.

All 3 projects, silver, PGM and Iron proven and all 3 with world class grades.

Australia is tier 1.

· The MRE extends over a strike length of approximately 723m, a width of up to 125m, a maximum vertical depth of 270m and remains open in all directions.

· Combined with the existing Inferred Resource at MB01-S (870,000oz), located 700m to the southwest of MB01-N, Mbe now has a total Inferred Resource of 1.23 million oz contained Au, with both deposits remaining open in all directions and with further potential satellite targets within the wider licence area.

· A ten hole 2,500m step out diamond drilling programme at MB01-S commenced earlier this month, with the aim of expanding the existing Inferred MRE at that deposit later this year.

· The Company believes there is excellent potential to increase significantly the size of the cumulative Resource across the Project.

Not only does it have multiples of the gold resource of JAN, it is also advancing further upside at rapid pace and is open in all directions.

It is simply much much further ahead, has way more gold and is one hurdle way from unlocking production (with that hurdle expected to clear in the quarter we are in now).

The ORR board recently has been great at delivering licences ahead of schedule and now resource upgrades beyond expectations.

3-5p and I'll be happy, but once it gets to that kind of level there's no stopping it.