RE: WCS to $100mcap soon. Silver heading to $60. Hanc0ck Anglo American13 Nov 2025 11:07
Looks like we can have another crack at 0.31, this time with a considerably stronger silver price
Exciting times ahead
UFO own 10% of WCS which has surged overnight + 30% of their asset.
Silver heading to $60, many say $100+ in 2026
Alien has massive exposure to a historic silver mine which will be one of the best in the world when its proven up.
+
No Opinion
RE: Hanc0ck Joint Venture.12 Nov 2025 14:35
the estimated value of the han**** iron ore project is based on a 2024 development study showing a pre-tax net present value (npv) of a$146 million and a pre-tax internal rate of return (irr) of 133%. this value is a project-based estimate and is distinct from the company's market capitalization, and the project also has a large exploration target of up to 27 million tonnes at 62% iron.
project valuation
net present value (npv): a$146 million (pre-tax) based on a 10% discount rate, according to a february 2024 development study.
internal rate of return (irr): 133% (pre-tax).
annual ebitda: a$39 million.
initial capital cost: a$28 million.
resource and exploration potential
mineral resource estimate: 8.4 million tonnes at 60% iron (fe), which includes an indicated resource of 4.5 million tonnes at 60.2% fe.
exploration target: an additional exploration target of up to 27 million tonnes at 62% iron has been defined.
exploration area: the project area has increased by 50% to 63 km² with the acquisition of new exploration leases.
strategic advantages
location: the project is located in western australia's pilbara region, bordering licenses held by major iron ore producers, providing strategic value.
infrastructure: it has access to existing infrastructure, including the great northern highway and port of port hedland's utah point port.
partnerships: the company has an agreement with anglo american for potential funding and offtake, and a mou with the port authority for bunker access.