Member Info for kieffy

There could well be a change of fortune coming this way?

There are several reasons why an individual or organization might consider moving money from the British Virgin Islands (BVI) to Guernsey. Here are a few possible reasons:

Tax efficiency: Guernsey has a more favorable tax environment compared to the BVI. Guernsey has a zero-rate corporate tax regime, whereas the BVI has a 0% corporate tax rate, but with certain conditions and restrictions. Additionally, Guernsey has a more comprehensive network of double taxation agreements, which can help reduce withholding taxes on dividends, interest, and royalties.

Regulatory environment: Guernsey has a more developed and sophisticated regulatory framework, which may appeal to investors seeking a more stable and secure environment for their assets. Guernsey is a member of the International Organization of Securities Commissions (IOSCO) and has a well-established financial services regulator, the Guernsey Financial Services Commission (GFSC).

Investment opportunities: Guernsey offers a wider range of investment opportunities, including a more developed funds industry, a larger pool of investment managers, and a more extensive range of financial products. Guernsey is also home to a number of prominent investment firms and asset managers.

Diversification: Moving money from the BVI to Guernsey can provide a level of diversification, as Guernsey is a separate jurisdiction with its own legal and regulatory framework. This can help spread risk and reduce exposure to any potential political or economic instability in the BVI.

Compliance and reporting: Guernsey has a more comprehensive anti-money laundering (AML) and combating the financing of terrorism (CFT) regime, which may appeal to investors seeking a more robust and transparent environment. Guernsey is also a signatory to the Common Reporting Standard (CRS) and the Foreign Account Tax Compliance Act (FATCA), which can simplify reporting requirements for investors.

Reputation and credibility: Guernsey has a strong reputation as a well-regulated and transparent financial center, which can enhance the credibility and reputation of investors and their assets.

It's important to note that moving money from the BVI to Guernsey should be done in compliance with all relevant laws and regulations, including those related to tax, AML/CFT, and reporting requirements. It's recommended that investors seek professional advice from a qualified financial advisor or attorney to ensure that any such transfer is done in a compliant and efficient manner.

No problem, Have a good Weekend.

To provide a comprehensive valuation of the metals, I'll break down the calculation into two parts: iron ore and precious group metals.

Iron Ore:

8.2 million tonnes of iron ore

Assuming an average grade of 62% Fe (a common benchmark for iron ore)

Using the current market price of iron ore (62% Fe) of around $120 per tonne (source: Bloomberg, July 2023)

Total value of iron ore: 8,200,000 tonnes x $120/tonne = $984,000,000

Precious Group Metals:

2 million tonnes of precious group metals (PGMs)

PGMs typically include platinum, palladium, rhodium, ruthenium, osmium, and iridium

Assuming an average composition of 50% platinum, 30% palladium, 10% rhodium, and 10% other PGMs (a rough estimate, as the exact composition can vary)

Using current market prices (source: Kitco, July 2023):

Platinum: $950/oz

Palladium: $2,500/oz

Rhodium: $5,500/oz

Other PGMs: assume an average price of $1,500/oz (a rough estimate)

Converting tonnes to ounces: 2,000,000 tonnes x 32,150 oz/tonne (approximate conversion rate) = 64,300,000 oz

Total value of PGMs:

Platinum: 32,150,000 oz x $950/oz = $30,542,500,000

Palladium: 19,290,000 oz x $2,500/oz = $48,225,000,000

Rhodium: 6,430,000 oz x $5,500/oz = $35,365,000,000

Other PGMs: 6,430,000 oz x $1,500/oz = $9,645,000,000

Total value of PGMs: $123,777,500,000

Total Value:

Adding the values of iron ore and precious group metals, we get:

$984,000,000 (iron ore) + $123,777,500,000 (PGMs) = $124,761,500,000

Therefore, the total value of the Alien metals is approximately $124.76 billion.

The rns points of interest.

“The Company’s geologists and consultants have researched and prepared concrete plans for the con8nued

explora8on and development of Pinderi Hills. With lithium explora8on at Pinderi Hills now under the guidance

and exper8se of a joint venture with partner Errawarra Resources Pty Limited.

How many missed this.

This work is now complete, and the Company is advancing towards its goal of iden:fying a significant new

precious metals discovery at Pinderi Hills.

2 months for a full review..

When considering buy UFO share back a few years ago, was founded on the value of the company.

A few things have changed which I personally was not happy with, the change of management for what ever reason this as come we'll never know,

The current management been together know for just over a year some have made much of this!!, but the NPV value is still with the company when my original buy in minus the share depreciation.

Like many shares on the AIM market it's a gamble I buying long term.

so iron ore, overall for the year, it’s been a pretty good performer for us. and iron ore is not the sexiest

product in the world. it doesn’t have that ring like lithium or diamonds or copper, but it’s the best of

any commodity that’s mined. the biggest mining companies are only the biggest mining companies

because they’ve got iron ore in their portfolio. you take the iron ore out of the big miners, and there

is nothing there, and have a look at their bottom line, year in, year out, what the biggest contributor

is to that, and which is the most boring. i mean, every year those big tier one guys are going to turn

out billions and billions on those iron ore commodities they produce.

minres – 29 august 2024

page 10 of 24

minres fy24 full year results presentation - transcription

i mean, we’ve been fortunate enough to find the last region in australia, so the best mining region in

the world, sitting down. you’ve got, up the top of the pilbara, you’ve got the fortescues, roy hill, bhp.

in the centre, you’ve got hamersley iron ore, rio tinto, and down a bit further, the robe river that

they operate. and then right below that, you’ve got us. and we’re going to be there for a long, long

time. and as jon said, i mean, on a bad year, it’s going to make $1.5 billion for us in commodity and

mining services. if it bounces up to us$130-ish a tonne, it’s probably going to make $3 billion for us.

so somewhere around the traps over the next few years, we will see iron ore at 130. i mean, we

remember not that long ago, i mean, ****, this is about my fourth iron ore downturn i’ve done in the

last 20 years. but we remember it at $38 a tonne. and then the next port of call was $180 something

a tonne. and then down to whatever. you only need 12 or 18 months in the sun with iron ore and it

just completely, i mean, you go, what debt? so great project.

mm jumped in quick here big % drop, they have pulled back on the move forward looking at a better offer that's got to be right.

we have continued to explore all avenues for the further development of the han**** project, and continue to assess the alternatives of joint venture, off-take agreements and sole funding options. the company has recently received further recent non-binding proposals, and thus we are deferring the previously disclosed joint venture discussions, while we assess all options for the project's development. a further update will be provided to the market upon a material development. whilst the discussions have been ongoing we have continued to work on the necessary approvals to move the project towards production.

This as been along time coming, 4.2p !!, Just have to sit this out a while longer, it will be worth the wait.

To buy when they go mining.

Pinderi Hills JV

The details of the Pinderi Hills JV between Alien Metals Ltd (AIM:UFO) and Errawarra Resources

Ltd (ASX:ERW) were previously reported in ASX announcement dated 29 April 2024. The Munni

Munni Mafic Complex is highly prospective for PGE’s, nickel and copper. As part of the JV terms

Errawarra has a first right to acquire additional mineral rights for the JV tenements.

Errawarra are paying to explore on our Alien metals land, IF they find anything?, it's a bonus for all parties, the plus side would be other metals.

Know that would be of great interest and would need some real thought before releasing this information.

Https://fintel.io/sfo/gb/ufo

Https://markets.investorschronicle.co.uk/data/equities/tearsheet/forecasts?s=UFO:LSE#:~:text=Share%20price%20forecast,the%20last%20price%20of%200.1325.

New presentation.

well after yesterdays s**t storm, if you give the board the benifit of the doubt!!, they have to come forward with a viable plan to production on the " flag ship han**** " and "pgm targets", or the fca regulates financial services in the uk, may need to take a look.

Nathan Douglas, as General Manager of Operations, well it would seem,a deals be done, why would you appoint this position, Alien metals going mining.

HIGHLIGHTS:

• Errawarra identifies large (~ 1.6km x 1km) stacked pegmatite swarm at Andover West

• Highly anomalous Li Soil trend (peak 325ppm Li2O) highlighted

• Stacked, low angle, north dipping pegmatite packages mapped

• Second strong anomalous Li soil trend (peak 299ppm Li2O) Li soil trend also highlighted in

NW area

• Anomalous lithium soil trends are along strike and 1.7km from Raiden’s lithium pegmatite

discovery that reported 3.8% Li2O rock chip

• Fertility of pegmatite swarm highlighted by extensive background Li soil anomalism

(>100ppm Li2O)

• Andover Heritage Clearance Survey scheduled to be undertaken in May

• Planning for a drill program is underway

• Field teams mobilised to the Pinderi Hills JV with sampling underway

Errawarra Identifies Large Stacked Pegmatite Swarm

So are AA still in thr frame reading back would indicate, mining permits agreed.