Member Info for Barrett

I agree with Bishop, I expect the party for this share to begin mid-next year. But no harm in enjoying little upswings between now and then.
Precious metals are having a good day, the iron ore price has held up this last week of November, and UFO is up 12%.
Nice.

10% up and holding.
The best encouragement for investors is when the management chooses to invest: respect to Rod McIllree and the others at Alien Metals who've increased their pot.

Uplifting news from Reuters today for commodities: "The U.S. dollar stood close to a three-month low and was headed for a weekly loss on Friday."

Slim pickings to lift the spirits this morning: palladium up 0.15%.
Any Aliens looking for Black Friday bargains, hope you find them.

Good news especially for Australian iron ore miners.

Thanksgiving today, Black Friday tomorrow. UFO will do well to hold 0.4 til the weekend: these are red times, the big turnaround for metals is brewing but not here yet.

Today's RNS: "New ideas have been tested for base metal concentrations along the main Munni Munni fault on which the Elizabeth Hill silver deposit also sits."
A dream sandwich of PGM/Silver bread with Nickel/Copper filling.
Getting serious, it must be so stressful picking where to drill and what to look for when each hole costs money. Good luck to the teams on the ground.

I don't know much about mining costs (as you can tell) Gunster, is the profit on gold tiny because it's so hard to get out of the ground?
Anyway, a bird in the hand, as they say: iron ore is not glamorous, but it's very nearly in Alien hands and that makes it bootiful.

I couldn't resist a little calculation: "Munni Munni has a historically stated JORC resource of" 152,000 oz of gold among other things . . .
152,000 oz gold times today's price $1739/oz = $264,328,000
Now where did I put that blood pressure monitor.

Okay, but I think a bit of superstition is okay when dealing with metals/stones/minerals.

Strange about the date . . . I will try to remember to check the silver price on 22nd December.

Fingers crossed.

Oh and someone has put a boot up silver's ars*. Cheers whoever it was.

Impressive that you spell out the tribal name Deanok. Respect. It would be a great start to next year if the Native Title Agreement were in place by then.

(I've got a week off work and thought of going to see Big Bill in person, but I'm not clued up enough on the company's projects. And I'm too lazy.)
He highlights Anglo America's interest in Hanc0ck as the most important recent news: does that mean he's fairly confident that AA will sign a deal? Hope so.

Goingtomoon, I guess all is quiet with Elizabeth Hill because all effort and money is being spent on getting Hanc0ck iron ore from field to port.
The more cash Alien Metals makes from the iron ore, the more it can spend on Elizabeth Hill and Munni Munni I reckon.

Livestock, there's an extra nugget in yesterday's UFO tweet about iron ore being needed for Electric Vehicles.
Top of the list of metals needed for EVs is NICKEL, and the final assay results at Elizabeth Hill produced "encouraging base metal assay results", particularly Copper and Nickel (Global Mining Review, 3rd May 2022).

Yes it does feel very secure to have the management invested in the company.

Maybe permission to mine will raise the share price, cj, I'm not sure. The definite share lift I believe will be a big company all investors have heard of announcing a joint venture with UFO.
I do hope it's Anglo American, otherwise the management will have to find a replacement asap.
C'mon Anglo – because we're worth it.

It just occurred to me reading the tweet that my knife and fork were iron ore once. Suits me.
GLA.