Member Info for DRB83

eh jv = complete

han**** jv = next

munni munni jv = final

after which, we have very small admin costs, shares in several other companies, a healthy bank balance to explore vivash. and free run to dtm on several projects. sounds like a nice place to be.

not sure what was driving the big sell off tbh. the o ly thing we learned today was chris leaving. if we jv han**** then we wouldn't need chris so is it a precursor for a jv. could be. han**** has been so sloooooooooww that a change of mgnt may just be what is needed.

as for placing talk. $1m in the bank in july with a further $0.6m in warrants. $0.1m cash burn per month puts out year end forecast balance at $1m.

30.5m shares in wce likely to be worth £5m by end of year. plenty of funds to pay off the loan and get us through another 12 months.

let's see what the surveying results say soon and once drilling starts in 3 weeks or so we'll soon get those results.

really don't understand why those results triggered a 20% drop but i took a few extra shares.

Going parabolic again. All these silver miners selling their silver for a discounted $46. Alien will be selling theirs in 12 months at $100. Nice 😉

from the website.

our strategy

alien metals strategy is a simple one, it is prioritising putting the current 2012 jorc confirmed resource of 8.4mt @ 60.3% fe and ore reserve of 1.9mt @ 60.2% fe (inclusive mining inventory: 4.2mt @ 60.5% fe) at han****, into production. this enables alien to generate an income and fund further exploration and development work, both at han**** and other projects. this production is to be accompanied by a 100% offtake agreement and will be performed by a single mining contractor to keep costs minimal.

work at the companies other projects, particularly elizabeth hill, continues in the background, so that they are well positioned to be quickly accelerated into production when the the capital from han****’s production becomes available. this will allow the company to develop multiple income streams, spread across multiple commodities, protecting it against price fluctuations in a single commodity and thus providing a relatively stable and constant revenue.

it reads a bit like it was written a while back but it was such a great strategy. i still live in hope.

You got your wish. AV now disappeared from the website and Belinda and Bruce added.

Expecting half year report by next Tuesday and anything significant i would think will be announced separately and prior to the hy report. Let's see.

Looks like BG pulled out another 10k of his own money to put into wce. Maybe he sees an opportunity.

That trade was from the day before

Market expected every hole to intersect a new shoot straight down the centre everytime. In reality, silver deposits are often nuggerty, especially at surface and shoots can follow unpredictable routes meaning chasing them will often throw up blanks. However we hit it several times in those 12 holes and now strongly believe this goes much deeper than the existing mine.

AIM is 90% retail and Mms. Retail won't fully understand what the results mean (they just look for big numbers) and mms will just make a market in which ever direction suits best at the time.

Personally, not particularly worried at this point

We clearly have a bonanza grade shoot starting from surface on our hands here. The previous mine stopped around 100m deep but only because of the silver price. It is highly likely the shoot continues to plunge beyond 100m deep. Phase 2 testing will continue to chase this plunge. Several of the holes today confirmed what appears to be a low grade wide halo around the shoot. Or maybe its a halo linked to a second or third shoot. Only time and more drilling will tell.

Glad the near surface testing is complete now as we already new the shoot started from surface thanks to hole 11. Now need to move onto chasing this thing deep into the ground and testing for further shoots and pods nearby. The 12 high priority targets could be very interesting. GLA

Wakey wakey boys and girls. This share has been in 4 steps forward one step back for at least 2 months now. A 6% drop on 44m volume is nothing to be concerned with for now. Just mms making a market. Spread is super tight indicating that mms are happy with inventory levels and just waiting for news to land, just like the rest of us.

the remaining 18,518,518 shares worth $500,000 are not subject to escrow and alien metals agreed that it will not sell any portion of these shares exceeding $20,000

on any trading day.

we sold 14m straight away leaving us with 4.5m shares available to sell down right now. currently worth £0.5m but once the nows pipe starts flowing again then double that to £1m. by end of november another 13m shares open up. we won't need to use those this year but if we did, by end of november they'll likely be worth a cool £3m.

liquidity sorted,

drill results imminent,

sampling and surveys imminent

phase 2 drilling kick off in 3 weeks

confirmation of radio hill processing potential imminent

han**** drilling imminent

hc jv update anytime

wce quarterly update end of oct

unaudited hy accounts due end of sept.

plenty of news flow to unleash

Close above 0.24 and we're on. Decent volume today. I predict another blue day tomorrow if 0.24 is breached

That confirms the number of shares we can sell and when. 13m currently worth approx £1.3m available to sell from 21 Nov. Great for ufo flexibility.

Also, I own more ufo shares now than wce. Explains some more of the downward pressure recently but bad decision imo given they could have sold for 3 times what they did just a matter of weeks later.

From 1 July 2025 to the date of this report, the Company sold 109 million UFO shares for a total of GBP

97,900. All proceeds were received by the Company.

On 21 May 2025, the Company issued 44,500,000 fully paid ordinary shares at $0.027 per share to Alien Metals as consideration shares for the Elizabeth Hill project

acquisition. The consideration shares are subject to escrow as follows:

 12,990,741 shares are escrowed 6 months from the date of issue (21 November 2025); and

 12,990,741 shares are escrowed 12 months from the date of issue (21 May 2026).

The remaining 18,518,518 shares worth $500,000 are not subject to escrow and Alien Metals agreed that it will not sell any portion of these shares exceeding $20,000

on any trading day

Results of the intensified exploration due also anytime. From rns:

Exploration at the Elizabeth Hill Silver Project has already commenced with Dr Neumayr mobilised to site to

commence field mapping around Elizabeth Hill, as well as at the previously reported 12 high priority near mine

exploration targets. Upcoming exploration activities, to be carried out in parallel to the detailed mapping, will

involve a drone magnetics survey aimed at acquiring high-resolution magnetic data along the Munni Munni

Fault. This survey aims to identify magnetic signatures that are comparable to those associated with the silver

mineralisation at the Elizabeth Hill mine.

The findings will help direct the phase 2 drilling which is now only c3 weeks away from commencing

The 2 week window is open. Holes 7 & 8 would appear to hold our best chance for further bonanza grades. If 5 or 6 hit anything remotely good that would indicate continuation at width and could even indicate an additional silver pod. 9 and 10 could go either way. Very interesting times.

They certainly could.

Now we have 2 to bounce off each other. Let's see. Upside potential is huge here. With a fair wind and a little luck alien could be worth hundreds of millions in the next couple of years. Mcap hovering around £20m at the moment. The market may not yet fully appreciate that those wce shares are a solid cash equivalent to us. Held in a pure play silver minor explorer in a silver bull run 12 months from converting to silver producer in a high grade open pit silver mine in a tier 1 jurisdiction with A$6m in the bank with one sole focus of drilling the hell out of eh and the surrounding area. All sounds very exciting to me and would certainly rather have a vested interest in this right now.