Member Info for DRB83

Gurk, smiller, Chris, so I guess you wanted the £2m to sit in our bank and pay the £50k per month salaries for the next 3 years. With EH and MM progressing rapidly FOC, our bod can 100% focus on our iron ore assets. Plenty of money to use, £3.5m cash with the £1.5m in warrants to come over next 6 months. Scaremongering again.

Smiller, I don't recall saying that. I may have said they could, certainly not would. AC is exploratory, RC is proof and what will ultimately drive a MRE. Lets not fool ourselves, I think all genuine shareholders hoped every single AC hole was going to hit 1000g/t but realistically a 150m extension to the north, signs of life 200m to the south, identification of Elizabeth's little sister and proof that granite is also hosting vasts amount of silver is not to be dismissed as bad results. The story is still unfolding and the AC results were another step forward. The fact the market and register is still largely driven by retail and traders doesn't surprise me that the response to results was somewhat muted. Fundamentals are what count for me right now as I have no intention of selling any until well into revenue.

Maybe Gurk, some may say the dumbest thing you did was sell out at the bottom then hang around slinging turds whilst it bagged several times.

"We are proud when we look at the 20-year share price chart of Alien Metals, formerly known as Arian Silver Corporation as we have experienced all time lowest share price value in the last 12 months, despite what many here refer to as development."

Ib, you moan when the sp is red for a day or so as if you are invested. An hour later you lay siege into the very investment you claim to be invested in.

The price did hit 0.06 12 months ago, correct. Today it is ranging around 180% higher. This is development yes. What we saw 12 months ago was the bottom. There's only one way from the bottom and we are only just beginning that journey. GLA

"I still hope to exit after Munni Munni results."

Buffle, I think most on here hope you exit after MM results. You're trapped looking backwards, you'll give yourself a crank neck. Just look forwards. Behind you was full of placings and fruitless drilling, high debt, large annual losses, no hope. Forwards you'll see, free rides, MREs, revenue, no placings, less risk, high cash, no debt, 3 boards.

Appreciate some can't shake the past.

"DRB lost count of how many RNSs have put this on a downward trend but keeping it simple for you this is not in an upward trend since the last two!"

Gurk, did you really just confess to losing count at 2. Mmmm ok.

The whole point of a trend is to smooth out the peaks and troughs. You can't look back to the huge spike we had 3 weeks ago that lasted a day or so and now say we are in a downtrend. That is silly. Ufo are in a 12 month uptrend which has inclined significantly in the last 3 months. I know these facts don't support your narrative which forces you to get creative but come on, let's keep this intelligent.

AIM is not the place for emotionally charged impatient investors. The story unfolded a little further today. 150m extension at surface. Elizabeth Hill got so big she has to be referred to as North, and South. Even her little sister Natalie has joined the fun.

Next up, technical review update, MM phase 1 results, MREs

Sp is in uptrend and will continue imo

It just keeps getting bigger which is always great to see. Now we know phase 3 RC drilling scheduled for March so more results April/May followed by economic studies and an initial MRE. Intertwine that with GRE who are expected to deliver their phase 1 results in March followed by MRE update in April and you can a very active and defining period just ahead of us. To get that king of optionality you would typically have to be invested in 2 companies, but with ufo, you get 3 companies in 1. Pretty sure they'll be your usual sell the news crowd first thing but im hopeful most recent buyers see that the value here has only just started to realise itself and therefore stick around for the next significant news which is only a handful of days away.

Its up 22% in the last 4 days. I think that qualifies as tearing it up.

None of the silver growth in last 12 months has made its way in to the ufo sp yet. That is still to happen. A pent up effect. Another reason why now is a very good time to be invested in ufo

We haven't held 0.2 since back in September. The last few weeks have been a really strong consolidation period as the market starts to realise the shift.

Let's see if 0.2 breaks tomorrow and more importantly, let's see if it holds.

Plenty of news abound:

Ac results

GRE DD results

WCE technical review update.

Plenty there to help us sustain these gradual weekly rises.

Smiller, you still thinking we should have avoided GRE and WCE and carried on alone.

From the low of Feb25 we had a higher high in May25, and again in Sept25. We are over due a new high in our 13 month uptrend. Up step 0.29 Friday close in the coming weeks. GLA

A very fair assessment Chester and one aligned with my own. Given ufos transformation in 2025, it carrys less weight now to spend too much time looking backwards. The points you raise on WCE could just as well be duplicated for GRE which is why 2026 is a very good time to be invested in ufo. Imo. Also, February ends next week so next week I am expecting both an update from WCE on AC results and from GRE on completion of phase 1 drilling. GRE results to start landing in March so plenty to look out for over next few weeks.

Traders will play as they always will but we're slowly building a company here and those shares will be gradually settling in stickier and stickier hands.

Nuff said

ib, chatgpt is as good as the information you feed it or the question and the way in which you ask it. by all means, rely on chatgpt for your investment evaluation but its quite obvious the question asked was to summarise the risks associated with ufo and analyse its past performance.

your summary mentions nothing about the strong balance sheet, the low cash burn, the strategy shift, the intention to monetise han****, not drill it further, the shares we have in our partners, etc ect.

on reflection, your post is good for balance but shouldn't be interpreted in isolation.

Not sure i follow your questions ib. Wait for what. My previous post explained the why

"More importantly, the fundamentals are there to back this change up. New strategy, new team, strong balance sheet, no debt, high liquidity, low cash burn, high activity onn2 fronts, MREs around the corner, metals bull run"

To support the thesis that ufo has changed and the market is slowly acknowledging it, i took a look at the weekly chart starting right back at our 3p spike back in 2020.

I wanted to see the length of time between the sp setting new lows as we unknowingly at the time progressed through a 5 year downward trend.

I won't list all the low points but most happened between 1-6 months a part with the max length prior to 2025 being 8 months back in 2023. We are currently 13 months since our last low point of Feb 2025 at 0.06 and not only that but being 183% higher we are showing zero sign of retesting it anytime soon (never again imo).

That is what a bottom looks like, that is what change looks like. More importantly, the fundamentals are there to back this change up. New strategy, new team, strong balance sheet, no debt, high liquidity, low cash burn, high activity onn2 fronts, MREs around the corner, metals bull run.

For those saying nothing fundamentally has changed, I say wake up.

in ufo.

wce 2 phases of dd and 1 ac already complete with a third dd just around the corner. heavily funded jv partner hell bent on digging that silver out in the midst of the greatest silver bull cycle ever. cost to ufo zero, time spent by ufo management zero.

gre 2 rigs drilling 6000m rc/dd for a first phase at mm pgm. in fill and step out drilling progressing aggressively in tandem. mre due april for c3moz of the very good stuff in the greatest pgm bull cycle run ever. zero cost to ufo and no management time required. just leave them to it, sit back and let our value appreciate.

i haven't even got to our flagship project yet.

management team fully focused on our flagship han**** project. team including iron ore and funding specialists. its proven difficult to unlock but it will happen and it could be anytime. watch this space but to be honest this can take a back seat for now as we have 2 very active main events that are just about to get very interesting.

like i said, a great time to be invested in ufo.

BD, depends which assays are being referred to. WCE AC results or GRE phase 1 results. Great to have so much activity going on.

AC results will likely be great otherwise Bruce looks a little silly for recruiting Serge with the promise of a district scale and expanding zone.

GRE phase one is largely twin drilling in preparation for an updated MRE so highly likely to be very great.

Assuming they will be fantastic is a fair and educated assumption but for balance there is a small chance the results are not as fandabidosi as we expect. Small chance.

Yes Vosgi, I'll also add that that the new GRE CEO has been given options linked to a MRE of >3moz

Let's see but not long to find out. March we should get results and then the buzz will continue into April when the MRE is due.

Whats up Chris, don't you believe GRE when they say MRE early 2026. I'm expecting it in Q2 not 2 years from now.