Member Info for Damodubya

Thought I'd pop over again.

When exactly are ALIEN expected to start earning an income?

It's all well and good continuing to drill and prove what's in the ground but when will that be dug up and made into money?

Hi again.

Decided to pop in again to grammar check my last post. I know it seems pointless now as I can't change anything but at least I can log any errors for future reference.

Did a quick scan of the the new chats.

Off topic but hello to Ninja, I understand your pain. Just not here at that level.

During the big spike in COVID when UFO hit the high, I will apologise in advance if it's not the done thing revealing actual monetary amounts, my holding went peaked at over £36k and wasin the low multiples of my initial buy in. Despite never physically having the cash money I did feel done hurt at the loss, even if it was a loss due to my own inaction.

I'm unsure if the excitement just begining subject title is slightly ironic, I'm not going to dwell on that, I'm only going to state that my excitement started seeing a £36k valuation of my holding only for it to disappear.

Then I was excited for the mining company spin off as being a indisputable sign we were off to the races, untill the company effectively existed as just paper in a filing cabinet and as employee IDs on the payroll spreadsheet.

Then again with further additions to areas of exploration, more excitement waiting for results, that took forever and placed in someones in tray and forgot about.

I was so excited to see my holding diluted to pay for an experienced subcontracting drill team to drill holes and find they didn't have the right equipment to complete whatever the reason they were there for. Excited that they stayed in a caravan on site rather than the local premier inn to delay further dilution.

I'm not bitter, I'm being facetious if that's not obvious.

Like I said before, this is a dead investment to me. Not that I want further negative news, dilution or pain inflicted on any other holder.... I'd love this to rocket and get something out of it.

Seeing the price movement today makes me want to just blindly trade for the hell of it to see if I can pick heads or tails correctly enough to retire but unfortunately we aren't even afforded that luxury due to the consistently high level of spread... But on second thoughts gut based trading of UFO might yield better results.

Again, I don't want anyone to lose money but I can't see anything but jumps that give the impression there's value here that I expect will only shift to a lower range of value when the next dilution event occurs....

.... unless of course I am missing the obvious and someone can explain why history won't just repeat itself again until some miracle happens and, God forbid, this business does what a business is meant to do and make money.

...

I completely understand that there's layers and layers of compliance and administration for any business and exploring / mining is no exception... Then there's the technical side...

... In the real world I deal with admin and compliance and technical. Though it's completely different industry sector I'm confident that I have a good grasp of the challenges UFO have faced...

... But I want to go on the record stating, and only my mining ignorant opinion, that I reckon I could have personally got UFO in a better position than it is now in the time that has elapsed since first discovering it.

I'll put me hands up and say as a disclaimer though... I don't know the ins and outs of the exploration and mining industry. There will be many things I don't know about the way the industry moves behind the scenes. There's always things happening away from the general public within every industry. But one thing I can't wrap my head around is there is no real movement towards the business generating an income, maybe that is the game, raise as much investment as possible to keep The doors open while simultaneously generating more evidence on the value of The minerals we hold... But at what point can these be moved forward and converted into hard cash?

It really does baffle me. At the very least if I was running the show I'd have made some money even if it was selling UFO branded toasters.

Just saying.

I do like the idea that we end up with a scenario where this could come true..again however unlikely...

At the start of, and during the extended world virus incident many crazy things happend. Including me buying into this, watching it rocket up at point I'd had a considerable amount of money invested... Then down it comes... dilution etc etc.

I'll be honest it's not been the worst situation despite the monumental devaluing of the share over time and the week after week and month after month and now year after year of the business doing pretty much nothing of note... Despite my best efforts too occasionally have a quick word with the powers that be before bedtime to see if they could wave their omnipotent wand and push this in the right direction.

Hi

Just having a real through the chat and RNS etc. more due to having time on my hands and being bored other than taking a serious interest in what's going on. I'm not being rude or negative when I say that. I really don't have a opinion or desire to speculate anymore as UFO will do what it wants to do.

I don't have a large holding and what I do have is now permanently in the drawer with the rest of the stuff I consider a complete write off. I'm waiting for the day my shares disappear completely without a trace / reduce to a value that I couldn't even draw out of an ATM... OR... at the other end of the scale my surprise win scenario and it hits the unlikely target I've decided on what I will sell up...

This is my '100 x Bagger or Bust' share. (the clue is in the name.

I'm also well aware that well before the 100x mark I'd likely be very tempted to sell, stupid not too, as the likelihood of it ever getting anywhere near 100x+ is nigh on impossible... But it's dead to me anyway now, nothing to lose and it'd be an amazing story to tell that UFO got anywhere near that number and if it did I stuck with it for a little payday.

Why not eh?

Just decided to check in with UFO and I've not a clue what's going on.

Did a quick scan and I see they're drilling again, or someone is...

Still no sign of actually generating an income.

Will they, as many moons ago they set up a mining business but clearly they still haven't found anything worth digging out of the ground.

So what is the game plan... Can anyone explain?

...i do not want others to suffer because they lose money, or anything for that matter, it's a choice you make. if you can't afford to lose it, don't play the game.

i've enjoyed myself dipping my toe into stocks/shares/trading. i did when the covid crash happened... it was fun and educational... but it's been nothing but a gamble.

i've been championing businesses, ****ging them off, spouting my opinion when i really don't know anything for a fact. if i did i'd be much better off than i am now.

i can't change the past and i accept that if i had a crystal ball i'd have made different decisions with the money i put in to this game... which it is... nothing more, to me at least.

if it wasn't a game i'd leave my money somewhere relatively safe for small gains...or even use it to kickstart a small business and make a better return with less risk...at least i have an element of control doing that, an exit, stock items i can clear if it goes bad.

here i buy something and could be wiped out overnight and have no warning or influence... it's a hope that i'll get a 777 and cash out.

i was in when the sp spiked with a decent amount of money. i could have cashed out, i didn't. then the sp dropped and has carried on this way.

ufo is a massive gamble. i hope the lth get what they want, at least get something back... i just don't see it now, i don't have any faith. it's gone. the price spikes haven't been down to company performance.

...i understand that tomorrow, any day, there could be an announcement of something, real money coming in to the business, the price could rocket, the funds could pave the way for further income, it could snowball...

... but will it, when will it?

all i see is lots of nothing and dilution.

good luck everyone.

"Alien Metals Ltd (AIM: UFO), a minerals exploration and development company, is pleased to announce it has entered into a conditional, non-binding Memorandum of Understanding ("MoU") with Pilbara Ports to access its Utah Bulk Handling Facility"

A hard "Yes, but no promises" announcement.

... further to my choice of getting out, what cemented the decision wasn't my losses, it was going back over the companies projects progress, how many they have etc etc...but mainly looking at the wording of one of the announcements they did on an recent agreement...

... I'm not going to look back and quote but it was to the effect of "...we have an agreement, but it ain't binding, it's a maybe, but we are so pleased to announce that if it was a yes it could be all the things we need, but currently it's not...".

All I could imagine in my head was 2 people having a drink... One asking for everything they need but without anything to offer in return... The other saying that of course they can help, but they need to do this, that, the other before it's a reality...a hard "Yes, but no promises" result.... Then UFO skipping off with their nailed on agreement of nothing to announce progress.

I feel selling up a few weeks ago just helped me dodge a bullet from a share I was already considerably down on.

Might open an opportunity for me to buy in and recover losses with a trade or two. Who knows.

Good luck everyone.

Hi

Apologies in advance... Backstory/Current Status/Opinion...

I had a good amount of disposable cash pre-covid. The event presented an opportunity dipping my toe into trading that was nothing more than a gamble based on my opinion and limited knowledge of businesses.

I got lucky on some and lost on others. I was part of the crowd that jumped on board seeing an opportunity but not so stupid that I thought I would retire because of my crystal ball.

I had a fair amount in when this went up to 2.3(?) in 2020... With my average being at a point that when it did I couldn't believe my eyes. I didn't sell. I never regretted it, that would be dwelling on something I can never change, the money I always assumed it was gone anyway... I bought more on its way down, completely understanding the risk and faith - some call it research - I had in the companies potential of establishing itself and coming good.

I sold up on everything else but this... Held and ignored... Down and down...diluted...

....I sold my remaining holdings yesterday for significantly less than what I paid.

Rather than hold, forget and hope, I've decided to use my last remaining pot of money, that was frivolously allocated for this purpose at the beginning, to trade in opportunities and make my pot bigger.

I hope people get what they want from their endeavours.

UFO... I've read all that I can, their RNS, ETC ETC... lots happening but still stuck doing nothing but raising money on a maybe.

Out for now... Maybe back in tomorrow.

I wish you all luck.

If I was Mooky I'd be looking to minimise my losses and dump the business with as little impact to my personal fortune as I could.

Seriously though, I'm more interested in if I should renew my Unlimited Card and risk it not being honoured should the business get sold off.

.618 paid, grabbed another 175000 shares.

My thoughts are a rise off the bottom says my crystal ball.

0.657 paid / 500,000 added

Nom nom

I agree with Wents' in regard to the price moving in any significant manner any time 'soon'.

I'm confident that my commitment to Alien will come good and make me money on my investment. I'm holding steadfast in part because I have previously sold up and missed an SP jump in other shares simply because I'm not privy to the mysterious ways of the market and lost out on a rise that I was unable to recover through blind trading and chasing profit to make up the difference.

My current position and mindset on the best course of action to follow is to go back to basics and remember why I put my money here, the potential and risk associated with Alien being successful in bringing the projects to fruition and ultimately rewarding my faith feels safe as far as an AIM listed explorer with no current income stream can be.

I am impatient and would love the SP to be 10 p next week, 20p the week after, £1 by the end of the year but clearly this is unrealistic. What keeps me here waiting is that the projects being developed are varied enough, progressing at a speed that I'm comfortable with and focused on product that's seemingly in demand by the wider market and that we can access at a volume and cost that could individually make Alien a serious amount of income.

It's nice that people come here to share their general view of the market, opinions and strategy on the businesses interests, I personally take a lot from the general chit-chat published here, though the arguing/name calling is a little boring.

I'm holding. Confident. Hopeful. Amused.

I wish you all good fortune, even if you want this to crash and burn and you just want to feel good about your predictions. Whoever predicts the future successfully I hope you get what you need out of being right and it satisfies what you are here for.

Me, I just want my gamble to come good and have a wedge of money to spend for my blind faith.

Withholding price sensitive information isn't the same as taking your time to prepare and release it.

Surely you have to prove that the information was received, processed and then prepared ready for release then ultimately withheld intentionally to fall foul of this rule. In addition this would have to be proven.

Is there a rule or sufficient oversight that would force a timely release of results after lab processing as it seems the opinion here is that the lab would release the data and Alien would instantly prepare and report it to the market?

There's some mad people on here, I think it's great really though. Never a dull moment.

I got all excited and played the market like a game when the COVID crash happened. Made some money, lost some money, learnt a lot and still learning.

I come here only to get done info and listen to opinions to help me make a better decision.

In the past I voiced my uneducated opinion and tried to add something to the overall discussion, even make predictions but ultimately I realised it's useless.

I decided to go heavy in UFO based solely on potential risk/reward and that the business makes me feel it's a safe bet. The projects we have seem like they have legs and are for in-demand materials that could be sold on, minimal risk of going out of fashion you could say.

If the business is managed correctly, IOCA achieving miner status for example, my investment will be worth more than I paid (I hope), much more.

My feeling is that despite me being currently underwater and potentially in a situation in the future where the business is not progressing as I would imagine I would still have ample opportunity to sell up at a loss if I choose to, but not one where I would be thinking I was a fool for taking the gamble on investing in UFO. I'd be disappointed should this be the situation but I've already said before that even if I lost everything I'm OK with that. I've already made peace with myself in that I will lose all my money.

I've owned several of my own businesses. Owned a few as part of a team. Managed/run businesses for others. I've been employed at pretty much every level within these businesses and in roles covering pretty much all departments, one thing pertinent to investing in any business that my limited experience has taught me is that you can plan for the future but you can't control it. Sometimes riches just fall in your lap. Sometimes that 'sure-thing money spinner' ends up getting ripped from under you and you can't do s#1t to stop it.

This business needs time and no doubt more money to get where it wants to be and to eventually where it will pay me back handsomely for my faith in the UFO team.

It seems that patience is lacking for both sides of the boards posters.

I want 10p tomorrow, isn't likely, but it would be nice. Predictions, that's all.

I fail to see why the business would exist simply to stretch out getting work done and making some money. Lying about progress. Purposefully behind inactive to swallow up cash when making more money from done money is always the better option...

I just want some free info from people who have more time on their hands than I do.

Good luck everyone. Not that luck exists.

There's an updated presentation on there with project highlights and progress.

I'm sh*t deep here and would like 10.32p

I've not a clue what I'm doing with investing but I feel this company has legs and makes me feel 'safe' when I think about its projects... The product selection, the locations we have and the current price / risk / reward are all positives in my eyes.

Though for transparency and clarity I've already accepted that any money I have invested I will not get back. I'm comfortable losing it all, I'll be disappointment no doubt, but I'm gambling here for a big payday as a reward for the faith I've got in the business - pure and simple.

Not worried
Relaxed
Confident
Aquiring

Check the RNS and the website?

Fuk Putin.

*******.

Nuf sed.