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Insane!
Just been thinking about this some more.
Equivalent to 19.7m at 8.58% Ni
Equivalent to 52m at 8.2 g/t Au
I mean, holy shizen houzen. almost 20m of >8% nickel, thats insane.
5 regional exploration holes returned nothing, correct. two holes to test for extensions got stopped out due to water at the edge of the orebody.
Also seems we still have some nickel and copper results to be received?
great result.
Quite literally these are amazing silver results. I dont think I have ever heard of such a high grade nickel intersection by comparison.
Or gold....
Equivalent to 19.7m at 8.58% Ni
Equivalent to 52m at 8.2 g/t Au
My Advice for what it is worth is everyone just relax. The old adage of "no news means good news" probably applies in this instance. I am sure the team is working hard and will update shareholders when the time is right. Dont forget there is a lot of money betting on the successful development of "The C()ck". Some would say smart money! Just relax, living it day by day will give you blood pressure problems!!
As Ive said many times all that matters is the Iron Price.
One last point I don't think its in anyones interest for UK retail investors to be pestering the Australian native title counterparty. That makes everyone look like a bunch of amateurs. Best to leave them alone!!
I would not worry too much about the share price, don't get caught up on the wrong number. Watch the iron price instead... that's all that matters.!
Also todays joke, to keep things light, is this junk. Our next nearest competitor. that old beauty "upgraded magnetite" in the middle of nowhere. Raising £60m through those geniuses at OPTIVA.
HTTPS://www.investegate.co.uk/constance-iron-ltd/rns/intention-to-float-on-london-stock-exchange/202301300700041763O/
This will be funny to watch. If this gets off the ground my solid recommendation is wait for the hoopla to die down then short this all the way down. This wont fly, just a bunch of EX "big company boys" wanting their turn at the roulette wheel with big names but ****e projects. How many times has this ended in tears over the years.
more sells than buys but we are up almost 5%.
right..
time will tell, always does.
UFO looks like its about to pop!
https://www.mining.com/web/chinas-covid-u-turn-lifts-iron-ore-after-wild-swings-in-2022/
If you sell because Bill left you are a moron.
All that matters is the iron price....
Currently US$125 in shanghai and rising!
Good hunting in '23 punters!!
Smiller, USR$60m PA...?
Yo Tambien!
Good hunting in 2023 fellow Aliens!
US$122 in shanghai...
If the old girl holds together then '23 should be a cracker for Aliens.
Not sure where you get your info DRB but you probably need to smarten it up.
https://www.alienmetals.uk/wp-content/uploads/AAML-Offtake-Han****-RNS-31082022-FINAL.YJ-PDF.pdf
My understanding is spot less fees. Where did you get a fixed price of $100/t as a matter of interest, that hasn't been mentioned anywhere I've seen?
US$120/t.....
Base Jumper out....!
I'm throwing the chute ...
Iron is $118 in Shanghai.
Stay focussed fellow investors!
This is the important part probably. "minimise staff turnover".
Not sure what the iron labour market for mine building teams in WA is but once you got them its important to keep them probably. losing staff has a very high opportunity cost in terms of lost time and lost productivity, re-training etc etc ...
https://www.mining-journal.com/partners/partner-content/1444614/han****-iron-ore-project-update
Iron US$117.5...
Every dollar increase in the price seems to me like an extra US$1.8m per year straight to the bottom line when at full tilt.
Admittedly a ways to go here but the timing is working out great for Aliens!
Imagine US$150p/t....