Member Info for Max111

blytheray:

(1/3) ⛏️ @alienmetals has announced the first batch of assay results from its recent resource definition drilling programme at the han**** project. 13 diamond core holes were drilled during april 2023 for a total of 1049 metres at the sirius extension: https://bit.ly/3k1dzyb

(2/3) this infill campaign increased the total density of the drilling activities to date at the sirius extension deposit, allowing $ufo to target resource upgrades from inferred to indicated which should then support future reserve reclassifications

(3/3) #ufo reports consistent grades of over 60% iron with low levels of deleterious elements that meets, and in some places, exceeds its resource model. this phase of in-fill drilling will be included in future mres which $ufo expects will result in increased mining reserves

https://twitter.com/blytheraypr/status/1681942162257203200

@Goingtomoonufo. Production is for Q4.

Just need the contractors ReGroup/Maramara working next door at E25 to roll in everything on wheels to Hanc0ck and UFO is in production whilst constructing an unpaved haul road. DSO.

Alien Metals Tweet:

#UFO High Grade Direct Ship Ore confirmed at Sirius Extension.

Read full announcement below.

https://twitter.com/AlienMetals/status/1681933119916580866

Share Talk Tweet:

@AlienMetals

High-Grade Direct Ship Ore confirmed at Sirius Extension, results to support targeted upgrades of Resource classification and conversion of Resources to Reserves #UFO Pilbara Region, Western Australia.

https://twitter.com/Share_Talk/status/1681926626735431680

UFO not going to stay 3 shares a penny for long!

Directors Talk Tweet:

Alien Metals High Grade Direct Ship Ore confirmed at Sirius Extension

These results mirror or exceed that of the Company's resource model

Read More: https://tinyurl.com/2hy9kul8

https://twitter.com/Directors Talk/status/1681909747468099584

Yep, Resource getting upgraded :)

High Grade Direct Ship Ore at Sirius Extension:

https://www.londonstockexchange.com/news-article/UFO/high-grade-direct-ship-ore-at-sirius-extension/16048345

@Tacet, so you have now switched back to your UFO account with your 11th post of b0llocks today.

Iron ore prices are highly relevant to a near term producer since it determines whether the project is economic or uneconomic. If you want to look at the futures prices, they are just discounted at the current spot price.

Also the Anglo deal to be signed this quarter involves hedging, which will be based on the current spot price (as Fenix is).

If the Iron Ore spot price was currently $50/t, do you think it would be irrelevant to UFO's share price?!

And silver spot prices are highly relevant when there are big moves in silver. UFO always outperforms FRES during periods of big silver moves. Why? Firstly silver is at very tight market. Only 1 silver junior play on LSE = UFO.

FRES has a market cap of £4.6bn which is very difficult to shift.

Someone buying just 10M UFO shares (1 person's holding) will significantly move UFO's SP.

Also UFO 100% owns Australia's highest-grade silver mine with mineshafts, headframes & Mining Lease in place.

It can be switched on very quickly compared to other explorers.

Also silver is the reason why 90% of people initially invested in UFO, then learnt about the simplicity & profitability of DSO. So yes, silver moving up does bring in retail investors and is relevant.

Funny how Tacet accuses me of spamming, but panics about SP not going down and puts up 9 posts of b0llocks with zero value. LOL

Apparently Tacet is a millionaire trader that, but can't answer why if time is the most precious asset, he spends his time only posting negatively about UFO and sees me as a threat to his trading.

He keeps buying at the spikes and selling at a significant loss and apparently doesn't short shocks. Literally the worst trader ever.

Also refuses to show us his portfolio.

Now he will be busy using his other chat name making loses on other stocks when he should just be researching the Lassonde Curve.

With deal signed with Anglo this quarter and production next quarter, expect a lot of trolls coming on.

@Tacet, so if you think I am annoying, why don't you just filter me and focus on your Technical Analysis?

That way you can try to lose less money in your trading and actually try to make some profit.

What are you on about "calculations of the iron ore -UFO sp calculations"?!

It's either UFO's high-grade, low impurities DSO deposit is economic or not. Simples.

Also still waiting for your answer to why in your words the correlation between the dollar and commodities priced in dollars is "slowly being broken". Last time I asked, your answer was for me to spend 3 weeks reading conspiracy theory books.

Funny how Tacet who is apparently making millions in the market by doing Technical Analysis sees me as a threat to his trading. LOL. I'll take that as a compliment. Thank you for the feedback.

He keeps buying at the spikes and selling at a significant loss. Worst trader ever.

Show us your portfolio Tacet. Show us how much money you have made in this down market by not shorting stocks.

Final stretch to production, and the trolls come on here with BS.

July Presentation and last RNS - US$1 million loan from lender Bennelong a long-term shareholder who has seen the SP go above 3p and never sold and has a current holding of 6.34%, tells me some big updates coming as UFO transitions from explorer to producer.

Question for the non-invested:

Is UFO the only stock that is down?

#PGMs will continue to play an integral role in the automotive industry's transformation as the world strives to meet net zero targets.

https://twitter.com/AlienMetals/status/1680858877867204609

US$1 million loan from lender Bennelong a long-term shareholder who has seen the SP go above 3p and never sold and has a current holding of 6.34%, tells me he is very confident some big updates coming.

The people who sold will just have to try to buy back with everyone else at the same time!

Dollar DXY currently below 100 at the moment.

Iron Ore on DCE live night trade up +1.15% ¥837.5 = $117/t

@Tacet, so your answer to explaining why in your words the correlation between the dollar and commodities priced in dollars is "slowly being broken" is for me to spend 3 weeks reading conspiracy theory books!

Nah, I'll give that a pass.

I might ask ChatGPT to summarise the books if I can be bothered.

The 3 questions you are asking me:

1) Why Rod resigned

You will have to ask Rod. But he only came in to do a Strategic Review. See RNS 28 July 2022. After 1 year of doing the Strategic Review, no reason to keep him on the payroll.

Also he was far too busy with TMOR and the problems there. If you have been following TMOR on Twitter, it's been a non-stop campaign against him. All based on BS, just because Megasteel deal fell through since they didn't need to list. Megasteel making a lot of money due to infrastructure projects such as HS2 (Europe's largest infrastructure project) etc.

It was becoming a liability for UFO, even though allegations all untrue.

2) Why Rod sold a sizeable chunk of his holding before waiting out his stepping down 6-month period

Rod only sold £21k and kept £500k invested. What are you on about "sizeable chuck" LOL

And I was correct at the time he sold. He sold to buy TMOR to shore up his position there to stop him being ousted. He owns around 15% of TMOR.

3) Why Bill went to POW.

UFO transitioning from explorer to miner and Bill kept saying "I'm an explorer not a miner"!

All the required technical work to start production is almost pretty much complete now and just need to hand over the mine plans to the contractors.

UFO now getting set up with suitable BOD for being a miner. Simples

@Tacet. You say the correlation between the dollar and commodities priced in dollars is "slowly being broken". Please explain.

What exactly do you disagree with what I posted?

And yes, I did put up an IQ question. You & Bob both answered and you both got an IQ score of 🤡

Going back to UFO, all that matter is the Iron Ore price during this quarter when the deal is signed with "mandatory hedging" in place (which is part of doing the AA deal) for at least 6 months of production.

As I posted earlier:

"Just filling 1 ship provides UFO with millions in net profit. Filling ships for 6 months will make UFO very cash rich and be able to weather out any downturns for a very long time. After 6 months of selling DSO they can put the contractors on pause for as long as it takes.

They have thought of this already.

Plus if Iron Ore is way down, it is likely precious metals and silver will be higher and hopefully silver above its 1980 ATH of $50/oz.

It's actually genius to put the 2 metals together with a contractor model on Iron Ore. Plus UFO own 1 of Australia's largest PGM deposits."

@Tacet, Are you feeling OK? You seem to be posting just utter b0llocks these days.

No correlation between the dollar and commodities? What planet are you on? Are you even looking at the markets?

Read what I posted, and discuss. If you just attack people personally, then you have no argument and are just a childish🤡