Member Info for Dip666

Alien Metals CEO talks about its Elizabeth Hill and Munni Munni projects from on-site
https://www.youtube.com/watch?v=Sl4Ws32H3Bo

If you let him get to you he's achieved what he wants BB :-)

@GeoJim- as you're professing such strong opinions about the prospectivity or lack thereof to a certain extent at Scallywag, perhaps you'd care to elaborate further how you've drawn your conclusions?
I'd be interested in a debate between the more geologically informed as am sure we would all benefit.........and of course your thoughts on Havieron and it's potential perhaps?
Why not give us a Brucie Bonus and discuss the Juri JV targets too?!

As always GoGreen1 - a pleasure mate :-)

Interview:
https://audioboom.com/posts/8072769-bill-brodie-good-of-alien-metals-discusses-further-high-grade-mineralisation-at-elizabeth-hill
RNS:
http://www.rns-pdf.londonstockexchange.com/rns/1290J_1-2022-4-24.pdf

* How long would the review take to build the model up and decide on the next phase of drilling ?
- Been using an experienced team and now we have Munni Munni are looking to combine the two as with the larger picture we can formulate the relationship between the different zones such as within the EH mining license and historical work around the Munni Munni Platinum Palladium project
- It’s an ongoing process and hard to put a timeline on, focusing on areas such as creating 3D models, cross-sections
- Am heading up there in a couple of days from Perth and we have got a few ideas for mapping to see if there is anything else at surface that might help and if not will be reviewing some of the historical geophysics that can also help locate that richer base metal source to help target the next phase of drilling
- Soon as we have solid targeting and ideas we will update everybody.

The END.

Notes from Vox interview re.Bill Brodie Good of Alien Metals discusses further high-grade mineralisation at Elizabeth Hill - 26 Apr 2022
Download link: https://www.mediafire.com/file/fp7d5x7h705lywn/Notes_from_Vox_interview_re.Bill_Brodie_Good_of_Alien_Metals_discusses_further_high-grade_mineralisation_at_Elizabeth_Hill_-_26_Apr_2022.pdf/file

* Currently in Australia?
- Arrived in Perth a few days ago
- First planned trip is to EH and Munni Munni

* 3 core projects:
1- Mexican projects: Two silver and one copper related, just returned from a couple of weeks out there and started drilling on all three (not concurrently as will action one at a time) so going really well
2 - Iron Ore Projects in Australia: Han**** with Maiden MRE and Brockman planned for drilling in next few months
3 - Elisabeth Hill Silver Mine / Munni Munni North tenement surrounding it and completed acquisition of additional Munni Munni ground which is also incorporating historical PGE resource as well.
https://www.alienmetals.uk/projects/

* Update on 2nd Phase drilling results at Elisabeth Hill?
- Conducted DD and RC back-to-back as one larger program to kick-off initial testing and drilling on EH, essentially focusing in on historic ore body as QA/QC type exercise and testing initial concepts on the larger mineralised body he believes the historic silver deposit sits inside
- Finally got all the RC results back, some fantastic interceptions inc. another extremely HG (High Grade) 8m at over 4200grams p/t silver in RC hole 9 in the central, slightly northern part of the historic ore body displaying still significant amount of silver still waiting to be extracted
- Also a significant narrow interception at 108m depth of 2m * 1500g p/t silver in an area we believe might well be a repeat Silver system that we’re really excited by
- We went through assay lab results quite diligently and possibility is it is a narrow vein hopefully coming from a bigger system somewhere down there and have actually requested some reanalysis of some of those HG (High Grade) samples
- Also, some really exciting base metal intersections of copper, nickel and cobalt on the eastern side related with this ultra-mafic rock type intrusion related with the bigger Munni Munni system
- 26m at nearly 0.5% lead, 8m at 0.9% lead and 0.13% zinc and 0.2% copper for 22m and nearly 0.2% nickel are all really exciting and demonstrating as per the historical data that there is potential for a much bigger system in a mineralised envelope sitting around the historical silver deposit
- Really encouraged by these results and now we go back to the drawing board, combine them with the historical data to build the model up and look at next steps.
- For instance, deciding the locations for drilling at depth for the source of these base metals and to look at the existing silver ore body and the significant hit to the south.

CONTD.........

Hi Panama - I was referring to the PI's invested in NCM not really having Havieron at the forefront of their mind and that is very clear but also to be expected as they're going by what NCM is communicating to a certain level - NCM of course see Hav as the saviour of Telfer etc.:-)
When the 'official' verification is there ourPI friends in NCM will probably start paying attention as not one of them seems to have read or be interested in the GGP MRE for instance.
NCM are doing what is best for them no doubt around the 5% and for now, our interests and theirs strongly conflict. We'll see how things play out after the 5% is all completed, that to me is going to be very critical as I want us to retain our stake into production so wondering if/when NCM try a bid for the entirety of Hav and what the outcome will be if they do.
The 5% is what it is, something we can't control the outcome of or the market reaction - I will just shrug and move on after it plays out and be glad it is over.
This is investing after all - risky and uncertain but always helps to have something of true value in the pocket - which we do - and we seem to have a smart team around a very smart CEO.
I remain positive of a very very good outcome irrespective of whether we go into production with Havieron or a sale :-))

@Freddie - As I stated - the NCM shareholders or those who actually cared enough to reply on HotCopper obviously have differing perspectives and most threads seem to display they are unhappy at NCM's SP performance and divs generally. Those replying mostly seem to assume Hav is nothing special bar the HG zones included in PFS to date and not convinced in the thesis of a multi decade mine - remember they are only reading into what information is offered to them easily via NCM for the most part.
The above I suspect will ensure many of them won't be particularly happy on NCM offering too high a price (from their perspective) for either 5% or the entirety of Hav - which makes things somewhat difficult for Sandeep and the BOD IMO as on top of this they also have dissatisfied major shareholders expecting more short term ROI vs paying the cost for Sandeep's plan to develop and build a low cost asset base in the longer term.
My opinion is he went a bit too far on long term strategy vs ensuring shareholders also felt looked after and seems to have created an 'achieve goals at any price' environment internally that has resulted in low morale and no doubt high staff turnover. It is important to understand our potential production partner, their shareholders, goals and issues amongst other areas - hence I pay attention to everything they are doing not just with us in the Havieron and the Juri JV's.

Hi Zoros,

it's a thread under NCM on the HotCopper site mate mate :-)

Always confirmed what I've thought reading the NCM forum that their shareholders don't seem to realise or perhaps believe/care that Havieron is anything special and they are naturally focused on the entire portfolio, Div's etc. and perhaps take it as a given that NCM will buy the entirety of Havieron.

Differing needs - differing perspectives IMO.

https://hotcopper.com.au/threads/havieron-and-the-5-option.6691116/#post-60846907

Highlights:
-- Further high grade silver assays have been returned from the Elizabeth Hill RC drilling programme including:

o 8m @ 4,233 g/t Ag (149oz/t Ag) from 66m in drillhole AMEHRC009; and,

o 2m @ 1,550 g/t Ag (55oz/t Ag) from 108m, in drillhole AMEHRC012, which represents a potential new mineralised zone 400m south of the Elizabeth Hill mine along the Munni Munni Fault.

-- Additionally, encouraging base metals assay results:
o 24m @ 0.19% Cu, 0.17% Ni and 150 g/t Co from 78m including 10m @ 0.25% Cu, 0.26% Ni and 218 g/t Co in drillhole AMEHRC005.

o 8m @ 0.83% Pb and 0.13% Zn from 48m including 4m @ 1.35% Pb, 0.2% Zn in drillhole AMEHRC004.

o 26m @ 0.48% Pb from 8m including 6m @ 1.95% Pb in drillhole AMEHRC006.

-- Interpretation of these RC results is ongoing but suggests a potential repeat of the Elizabeth Hill deposit along the Munni Munni Fault.

-- Planning for follow-up drilling is underway to further test the potential repeat mineralisation and the larger envelope present at Elizabeth Hill.

Bill Brodie Good, CEO & Technical Director of Alien Metals, commented :
"The final assay results provide further confirmation of the exceptionally high-grade tenor of the silver mineralisation at Elizabeth Hill, with additional excellent intersections within the historic orebody. The intersection within hole AMEHRC0012, which was drilled on the south of the orebody, is significant as it encountered high-grade mineralisation at a depth where we always thought there might be a possible repetition of the Elizabeth Hill silver orebody.
"It is also encouraging to see the presence of wide intersections of base metals in the eastern mafic units which run parallel to the Elizabeth Hill silver deposit in the final batch of assay results. This may present as significant base metals VMS style target. The Company is currently working with our technical consultants to gain a better understanding of this target ahead of a follow-up exploration programme."

Just lab delays IMO guys - we better stay used to them for a while as doesn't appear as if WA based labs are anywhere close to clearing backlogs - they seem to be getting worse currently if UFO and GGP are anything to go by.
This seems to be demonstrated also through a few others I watch as nearology plays etc. and Bill previously mentioned delays in admin related tasks.
Useful article below sourced by Julian in Telegram group might help some understand :-))
https://resourcemaven.ca/blog/why-so-slow-labs

I think if Chris2 did sell just before the rise, he then bought back in perhaps.
He has a real issue with UFO and yet claims to have sold out at a profit.
Just doesn't add up unfortunately - noting in his posts suggests any empathy or concern for fellow PI's.

I met the chuckle brothers once, they were booked for an internal corporate video at an old workplace.........
I was just in the cafeteria getting a coffee and ended up stood next to the older one where you added milk etc. and literally did a 2 second double take as I recognised him and calmly want back to my own business.
Frankly it wasn't like spotting a Hollywood actor and had never found them that appealing as a kid, it was my youngest sibling that watched them and he's still got the sense of humour of a 5 year old!
Then I heard him saying "Have you never seen anyone famous before?" - I looked at him coldly and said....... "I'm sorry, I thought I recognised you from somewhere? Do we know each other?"
And the moral of this story is.......actually I'm not sure - but the older brother was a plonker ROFL

@YNWA91 - apologies for being so blunt yesterday and hope you didn't find me rude mate, we're both fellow PI's who've been sharing the crazy journey here and surely the point of the board is to share, collaborate and help each other :-)
The numbers might be a bit shady granted as some may be stating more shares than they own but a vast majority seem to be happily stating smaller holdings so I would argue this is not a major concern and I've posted why I think this is a good exercise before - so won't repeat myself and bore you either.
After the last 16 months, those of us remaining here are bound to be the more stubborn, committed and resilient PI's and been able to avoid being forced to sell through financial needs etc. to date. Many will have a bloody minded attitude to wanting to see a new ATH through, so that they feel they didn't miss out too.
Going forward we might see more slicing and profit taking than we might have done of course but personally I will ensure I don't let Fear rule me like Greed did to some extent. Lesson learned and I firmly have my rational and logical head on moving forward and currently I think we have a lot to look forward too once we get the 5% dealt with. Teh usual milestones that accompany going into production and fingers crossed we make it that far.
Will these catalysts provide a rapid retrace, not sure TBH as am disappointed as most that the GGP MRE didn't have a resounding impact.
I plan to hold into production as matters stand currently and doubt we'll be in the 13-14p range by then and I really can't see NCM picking us up for peanuts unless the collective 'we' vote for a low value bid - and that will be our fault, no one else's.

@Antigua - all we can do is use our votes accordingly if a low ball offer comes in mate - that's about as much control as we have when investing in companies and hopefully we'll see the benefit of the board, TG group and twitter then in trying to get the message out there.

@ynwa91 - I only ever hold myself accountable for my investing decisions, I'd actually be embarrassed holding someone else accountable for any decisions I make in any part of my life personally.

That's the thing - 'in hindsight' - I don't remember so many calling their success at the time - some are claiming it now and I'm sure are telling the truth, a few won't be though.

We just don't know how things will play out moving forward.

Do we make it to production with Hav?
Or do NCM manage to pry Hav off us ......... and at what price?
What does Shaun then do, buy an asset or two while we explore like crazy with the funds we will have?
Will we hit at Scally, with NCM again perhaps at JURI JV targets or will Ernest Giles, Bromus, Panorama etc. seem like they could be goers as we get exploration going?

The above took 30 seconds to type out as the most prominent in my mind right now, so much more could happen or not happen - I'm sure we'll be sharing many more 'in hindsight' posts in good time.

@Tymers - no problem here admitting I ignored a few strong signals of various kinds in hindsight and my own gut instinct to at least put myself on a free ride after MRE as the Scally hype had me to some extent and then my inner voice was screaming to sell after Scally RNS as the reaction might be severe given the hype around us - but again I ignored it which is rare for me. I've learnt the hard way to follow my gut.
I had a big project on , complex life stuff going on and thought - fck it, I can't be arsed spending weeks buying and selling and then sat all the way down to where we are in 2021 also being distracted by life in various ways. Fortunately I was in low enough so have just lost paper profits (huuuuuge paper profits lol) .
But I've seen massive swings before in other speculative investments when I ended up better off holding through the initial hype bubble to a new ATH that exceeded the first.
Will GGP be the same - or will I end up with less than had I shifted in 30's because Sandeep grabs us on the cheap etc.? Time will tell........was it just greed, not really, although a large part was, I was also equally lazy and unfocused.
We don't learn unless we admit we're wrong but I'll be certain of the exact lessons after the complete journey ends and I can evaluate it properly. It is very very hard to trade such volatile stocks - some might have just been lucky or let's face it lying through their teeth as some do on these boards to appear as if they are amazing!
I'm sure - most of us out of our youth have realised by now that having financial security is a blessing but not the most important factor in true happiness and - as I've said before - many of us have faced true crushing losses that were not remotely related to money which helps balance these things out and place into perspective.
The journey is not over yet - let's judge fully when we all reach the destination :-))

@slimboy - Chris2 is still invested but sitting on a loss hence the vitriol and popping in to visit the board at opportune moments to try and talk down.
It's not about him manipulating to buy cheaper IMO - he blames Nap and Max for some reason for sitting on his current paper loss of capital which I suspect is fairly significant and he is pretty upset and wants them to feel the pain too.
Pretty obvious from his long UFO posting history, I'm trying as much as possible not to have a pop anymore as we've all been there at some stage......

We both believe in a positive outcome bud - I suggest a settlement more likely as just my personal opinion - not saying I am a legal expert and I am definitely going to be proved correct.
Hardly trolling, many of us might prefer a quicker outcome as some of us have been here much longer than two years. TZM will try a few fun and games of course as it's all a kind of dance where each know the moves - we have a good team now well placed to get us a deal.
We're on the SAME side :-))