Member Info for Max111

Do you have a link for that?

Start of operations for Q4 is on track in latest May Corporate Presentation:

https://www.alienmetals.uk/wp-content/uploads/0423-UFO-presentation-Rev-6-3.pdf

What are you on about Damo? What objection?

I'm sure the Inflation Reduction Act (IRA), which includes the massive US$369bn of subsidies for green technologies & minerals is also being used for Green Steel.

Big push for decarbonisation.

Not long until we become a producer & cash in our high-grade DSO and keep expanding our resources all across the Pilbara.

"In Luleå, I visited HYBRIT, a site developing the world’s first low-carbon steel and leading the way on the clean energy transition. @hybrit_project's near zero-emissions steel is helping reduce Sweden’s total carbon dioxide emissions and paving the way for change."

https://twitter.com/SecBlinken/status/1663618949055934465

HYBRIT stands for Hydrogen Breakthrough Ironmaking Technology.

Replaces coking coal with #hydrogen (which requires #PGM) to make #steel & only by-product is water!

However, requires high-grade #IronOre feedstock.

Anglo American:

"Partnerships with #steel mills have emerged to minimise carbon emissions. There is an increasing number of investments in DRI steelmaking, but the CHALLENGE IS AVAILABILITY of high-grade feedstock."

https://twitter.com/SGXGroup/status/1661214029753495552

This is why they want 100% of our high-grade DSO with low impurities for at least 3 years.

I was the one that asked the question the IQ question and in your response was that Rod has became an insider trader!

Poor Rod. I honestly never heard so much libelous b0llocks about a Director. Sad how some people are willing to throw someone under with BS just to try to make some money. Low IQ traders with zero morals got this trade wrong and need to buy back.

Yep, it was an obvious Typo, "amended from 0.0427 pence per share to 0.427 pence per share"

https://www.londonstockexchange.com/news-article/UFO/replacement-directors-dealings/15977867

Rod sold £21k/5M shares and keeps over £500k/132M shares invested.

💯agree with Naps. If your intention was to sell out, then you don't announce it by selling £21k/5M shares and keep over £500k/132M shares invested.

IQ score of 🤡 + 🔔🔚 award goes to tacet & bob.

@bob, how do you think Rod stands to benefit by keeping over £500k/132M shares invested?

@tacet, firstly I'm an investor not a trader as I stated in my very fist post and all along.

I'm not bothered about the current SP in a down market, and more interested in current Fair Value.

IOCA's CEO & Management Team are actually well respected. Just have to look at who has been liking UFO's LinkedIn posts including:

Sourcing and Origination Manager, Iron Ore at Anglo American.

https://www.linkedin.com/company/alienmetals/posts/?feedView=all

However, their "challenge is the availability of high-grade feedstock."

https://twitter.com/SGXGroup/status/1661214029753495552

@tacet - "Rod became a trader !!! :)"

Tacet IQ score = 🤡

Rod McIllree will continue with the Company as an executive director for the next 2 to 5 months.

Every time he buys & sell he has to issue a Directors Dealings RNS. You really think he has become an insider trader 🤡

Rod only sold 3.6% and is keeping invested 96.4%.

If he wanted to sell out he would have sold as much as he could get away with. Eg at Blue Jay he sold £2.9 Million in one go via his broker on 31/12/20.

By only selling £21k and keeping over £500k invested he has indicated he is bullish on UFO.

@Bob, if you think Rod is bearish on the future of UFO and only sells £21k (since he needed cash during the brief window he had - see RNS he issued few hours before) and is keeping £500k invested means he is bearish on UFO, then your IQ score = 🤡

By Rod only selling £21k he has indicated he is keeping over £500k invested.

Does that mean he is bullish or bearish on the future of UFO?

If Rod needed access to more than £21k cash, he would have sold more. No way he will keep issuing RNSs every couple days. Relax people! The fact that he is keeping more than £500k invested tells you all you need to know.

@CJ the SP of those of those transactions went up, stayed same, then lowered. I wasn't doing dummy trades during that time so can't confirm if those were buys/sells. But one thing for sure looking at Rods trades a couple days ago is that he used a broker and not transactions with £5 commission charge as these were. So not Rod's.

Also FYI, Rod McIllree will continue with the Company as an executive director for the next 2 to 5 months:

https://www.londonstockexchange.com/news-article/UFO/chairman-appointment-and-board-changes/15931655

Rod came in to do a Strategic Review on 28 July 2022 and his 1 year is up soon.

https://www.londonstockexchange.com/news-article/UFO/board-and-management-changes-and-results-of-agm/15561232

He brought in Troy Whittaker as IOCA CEO.

Not much else for him to do. Why do people want him to stay on taking a wage when he will be acting on a consultant basis?

Also the buys are below mid of bid/ask so showing as sells.

The most-traded #IronOre futures contract jumped as much as 4% this afternoon:

https://twitter.com/Sino_Market/status/1661969216080343042

Iron Ore just closed up +3.96% on DCE Asian Trade.

High-grade DSO at surface with a strip ratio of 1:1, huge profit margin to be made. See how fast a surface miner can fill a 20 tonne truck:

https://twitter.com/ContangoPlc/status/1661639384423186432/video/1

Record #platinum deficit of 1 million ounces expected for 2023 as demand surges and supply is at risk – World Platinum Investment Council:

https://twitter.com/KitcoNewsNOW/status/1661812040065843207

Record #platinum deficit of 1 million ounces expected for 2023 as demand surges and supply is at risk – World Platinum Investment Council

https://twitter.com/KitcoNewsNOW/status/1661812040065843207

Thankfully UFO 100% own 1 of Australia's largest high-grade primary platinum palladium deposits with grid power & mining lease. Chalice $3bn Market Cap & sits on a conservation park & historic Pilgrim Trail.