Member Info for Dip666

* Long term plan and vision for the business?
- Core strategy is project development, picking up projects with great potential at a great price point and adding significant value
- With Han**** now looking to go into a mining scenario because of the project dynamics, the fact that it's incredibly low capex to get into product and the high interest already had from several parties on obtaining the product
- Vision of UFO in 12-18 months’ time is we’re producing our own iron ore and producing significant cash flow, even at present iron prices the project is not too sensitive to price volatility so would be able to continue mining and making a profit and then plough back in projects like MM
- And would then be self-funded to undertake such significant projects as MM and EH but also have the opportunity to look for the next Han**** or the next MM.

* Main reasons for investing in UFO in the future?
- The team, diverse and experienced BOD
- On technical side, really good team in Australia now where key field work programs currently ongoing with Lloyd and Arun leading the charge for development work there and Bradley joining as the new exploration mgr. in Perth whose experience already making a great difference in quality of work and reporting etc.
- All key commodities for the future even inc. metals such as Palladium which is still required for Catalytic Convertors in traditional cars that will still be manufactured for a few years and with future global supply chain forecasts in general
- Silver has a solid manufacturing and PPE (Personal Protective Equipment?) type products
- Australia is a great mining/exploration jurisdiction as is Mexico despite recent discussions/coverage still a prime jurisdiction in his opinion.

Link to register for UFO presentation on 30 June:
https://ukinvestormagazine.leadpages.co/uk-investor-magazine-summer-investor-evening-2022/

END.

* Focus on flexibility given volatility for Junior Explorers, what are the main challenges for the sector and your strategies to navigate these?
- Challenging times due to fiscal and geopolitical issues such as Ukraine but have confidence in the projects, commodities and jurisdictions
- Sometimes not as visible as people want us to be in updating quickly on results (referring to lab delays etc. in W.A)
- Such as having DSO grade iron ore which is a key commodity for now and into future irrespective of market volatility
- And at MM with its platinum, Palladium, Gold and other PGM’s from the historical 2.5 MoZ proven resource pre-2012 JORC compliance
- Sort of commodities that are part of the green future we’re living in and working towards and silver of course, an incredibly undervalued and misunderstood metal used in some many different key industries and products that also have increased demand going forward
- Focused on correct areas, commodities and not going gung ho without fiscal and ROI responsibility in mind.

* Besides the major milestone of commencing production at Han****, what else would you point out for investors to keep an on in the next 12 months?
- Han**** iron ore is the most advanced with exploration, scoping study leading to an MRE, next phase towards development of niche operation and production through obtaining a mining license
- But also have Brockman iron ore tenement to the west of Han**** being drilled in next few months and is completely undrilled historically but we feel has potential for HG iron material and just acquired Vivash Gorge (VG) iron ore project just SE of Brockman which also has on its boundary a Fortescue deposit of approx.. 20 MT of 58-59% iron ore also potentially running into the VG tenement
- Huge amount of work to be done at MM and EH in terms of updating the historic MM resource and working up to reopening the mine and getting underground, expecting the new headframe to be put in place on the main shaft in the next fortnight so EH mine can be dewatered and team can get down there to understand the potential
- Quite strong indications of a larger and lower grade but larger volume nickel and copper mineralisation associated with the MM intrusion mostly unexplored to date in that area
- Early maiden drilling in Mexican projects has been completed and waiting on results, hoping to get those soon and plan next phase of work, plenty there in pipeline, have to be cognisant to keep working but keep an eye on markets and funding so we don’t get into a position of being cash strapped, which we’re not at all at this stage
- Maximise spend towards time in field to move all the projects to the next level.

contd....

Download here: https://www.mediafire.com/file/fze65hgv7gb2c55/Notes_from_UK_INVESTOR_MAGAZINE_interview_-_28_Jun_2022.pdf/file

Notes from UK INVESTOR MAGAZINE interview - 28 Jun 2022
https://ukinvestormagazine.co.uk/the-pathway-to-production-and-beyond-with-alien-metals/

* General overview of UFO?
- AIM listed junior explorer, picks up early stage projects which team and expertise can develop in prime and secure jurisdictions
- Key 3 areas are:
- The iron projects in W.Aus in Pilbara
- Also in the same region the Munni Munni (MM) PGM and Elisabeth Hill (EH) Silver Mine which is historically the highest grade underground silver mine of its time
- And in Mexico 2 the silver traditional epithermal very HG (High Grade) systems and Donovan 2, mainly copper/gold project all in the core silver belt of Mexico

* Reasons for operating within Australia and Mexico?
- Mexican assets were already in the portfolio from previous company and this silver belt area is the largest silver producing area in the world
- Mexico despite what might be seen in the media of late (becoming less friendly jurisdiction) is a mining country, great people, workforce and lots of geological information to draw
- More recently focused on projects in Australia which is one of the key mining jurisdictions in the planet and now have two key projects there as very low risk jurisdiction and again a huge skilled workforce, contractors and consultants to be able to advance these projects.

* How do you fund such a diverse and large portfolio and your divestment and partnering strategy?
- Get these projects into company with careful consideration and technical Due Diligence
- Very successful fund raise last year and been very careful with funds focusing on channelling most of the funds into the ground as such through exploration etc.
- Utilising a focus on desktop research for areas like MM with a huge historical data set to enable better planning
- On the funding side and especially iron ore which is usually considered a very expensive commodity to bring into production, we’re always open to finding best option for shareholders such as asset sales or JV’s on a financial and/or technical basis for each project as it gets to a certain level
- Such as being open minded with the planned Han**** iron ore project pegged for production in 2023, also speaking to certain parties to support that both financially and from an off-take POV to secure funding by having agreements in place beforehand
- Have to be flexible, look at who is looking at the company and projects etc. to get the right mix of support and funding to remain fiscally responsible for each stage.

contd....

Just some lazy copy pasting of an old job advert for new advert by a HR employee Aqua ....... and a potential takeover will always be on the table when you have a major partner, now and into the years ahead during production too with such a huge discovery.

Let's hope so Barnard :-)

Here's the text I used if anyone else wants to tweak and write in:

Dear Chris & Alan,

Firstly, having been a shareholder now for over 2.5 years, I am so pleased with the growth and expansion that the company has experienced, very much beyond what I thought possible given the challenges presented by the pandemic.
I completely understand the issues presented by the Veative takeover and the FCA requiring an updated prospectus along with the potential Social Media related deal under NDA currently.
However, having been suspended for so many months beyond the stated timeline for relisting by early 2022, and also having the accounts held up beyond Mid-June is understandably frustrating many of your retail investors.
I wondered if it would be possible to obtain some kind of update in the near future to allay concerns and perhaps some idea of when the company may return to being listed again?

Kind Regards,

The more that contact, the more the need to update will be realised - just doubt anyone from company is checking.
More proactive than just posting constantly how frustrated you are mate.......spend 5 mins to email instead I say :-)

email or call the company guys - with all due respect moaning on here accomplishes nothing :-)

@Malva - nothing stopping people debating what they want here as you just have :-)
I've pasted a few links from Paddy and Bamps who were and are still much respected by those who chose to stay here and want to keep up with their research. The new forum was launched and now got over 900 members - make no mistake - it is here to stay.
You seem to have a lot of relevant knowledge , free to join and discuss issues that should be explored in more depth*** in a mature and logical manner and then judge see if you're unfairly treated.
At least you'll have a far more informed opinion i, also a point to note is it's literally 2 days old and already been through lots of interface changes as feedback rolls in and over time the focus will go more towards content and modifying the rules, it's just had a huge influx......Costa and Liam are doing their best :-))
***(pun intended!)

Inclined to agree with smiller - usually the dates are fixed by the host for Presentation slots for multi company presentations, slightly more chance of an RNS if just UFO presenting and even then, my experience tends to be that you usually don't get an RNS before a planned general investor presentation.
Of course - I'll be very happy if proved wrong :-))

Wow - they wiped a lot of useful posts thanks to the usual suspects.

No need to register, just click and view the following updates from Bamps and Paddy :-)

Bamps - Havieron Growth
https://www.ggpchat.co.uk/viewtopic.php?t=124

Paddy - Scallywag drill pad prep
https://www.ggpchat.co.uk/viewtopic.php?t=156

@wents - fair enough but the board is quiet, it's the summer hols, we're in a wait for news period etc. so not a big deal .......
Of course - feel free to post any research you might have to share in the meantime - seems to be that some peeps spend more time criticising other people than providing valuable input themselves :-))

@Twiggy - might be a few typical RNS news traders in there so don't get too bothered right now on daily fluctuations, be they up or down.
Might still need some patience mind you so best to just chill out and keep busy elsewhere and/or enjoy the summer :-)

@JB or anyone criticising a forum you haven't used, have you done anything on understanding the current position of the option exercise now we know a valuer has been appointed but there being a a distinct difference from being an arbitrator to clarify what is going on?

Example of the kind of work going on with PI's who are proactive, I'll ensure I post the reply back from GGP here too.=
https://www.ggpchat.co.uk/viewtopic.php?t=133

@Wents - although off-topic HH's post was clear enough, I'll translate for you!

HH likes to study vocabulary, and he believes that the word 'Emoluments'*** originates from a latin verb 'to grind' which relates to the payment a farmer paid to a miller to process grain into flour.
And that is how we get the term 'the daily grind' used to refer to a boring and repetitive job such as working on a production line in a factory.

***payment for work in the form of money or something else of value

@trouper, pay particular attention to the format for password creation on GGPChat and ensure it is the proper mix of characters by including:

- a capital letter
- a number
- and special character I.e something like an asterisk or exclamation mark
- ensure it is also at least 6 characters long

A good example for instance Goldie3*

A common practice as with most web sites nowadays for more secure passwords and also :

- ensure your username contains between 5 and 20 characters

Hope that helps :-)

Thanks to Liam and Costa for creating this space.........let's get back to doing what this GGP community does best which is sharing our skills and research to give us all an edge against a corrupt market that's loaded against hard working honest folk who just want to to do the best for themselves and their loved ones.
This is OUR space now - not some corrupt bunch of *insert rude word of choice* that allow manipulation and FUD - ensure you give your feedback to let the guys know what you like and what you don't - as YOU get to shape this space.
A community led platform created by PI's for PI's.
Please remember to be respectful to each other at all times and abide by the rules so we can all move forward in a positive manner and recapture the old GGP magic - exciting times ahead!!!

@Faulder, sounds like you joined the 'LSE Refugees 'telegram group Bottle uses to verify anyone wishing to join the main Telegram group to keep the trolls at bay.
Bottle will need to verify the details you sent in the Telegram group and then he will add you to the main Telegram group, takes a bit of time for him to go through everyone and of course today he is no doubt be busy on setting up the new GGP forum. He should be sharing a link in a very very little while for the new forums so just wait for those details mate :-)

Countries not sanctioning Russia and not themselves sanctioned purchase "insert sanctioned goods here" in larger volumes and make a good profit selling onto some of the countries that have sanctioned Russia.......effectively having become middlemen is how it always seems to work out......

@5x5, for sure mate and thank you ;-))

TG group is 1400 plus strong and numbers being controlled nowadays for various reasons, one of them being that you can't have thousands actively chatting in a real time chat, it would be insanely crazy to keep up, think of having a Skype group convo with thousands of participants and many don't want to install TG on their pc or mobile anyway.
So a better alternative was needed........and I think Costa and Bottle have found one but as they say the proof is in the pudding and we shall find out tomorrow :-))