Member Info for Max111

@Turbo, the total updated Resource is 9.1Mt, but that will change when they update the main Resource at Sirius.
Yes, $10M Capex savings is great.

@Goingtomoonufo, UFO have already done all the background work. Reread the RNS.

@mytroll, please explain to me why not. Do you even know what DSO stands for? LOL

Yep, transitioning from an explorer to producer is huge. Pierre Lassonde says its something like a 1 in 3000 chance. And UFO just about to achieve that in the coming months!
Yesterday's Maiden JORC Ore Reserves announcement was a key step (if people read the RNS). Now most of the Resource work is done. Just need to update the MRE on Sirius. Then wait for heritage clearance & permits. KNAC are now fully staffed with a satellite office in Newman, so won't take long.

There you go. You are full of it. Now how many times are you going to tell us you are going to leave but continue to hold. Lol

How many shares are you holding?

@5X5, Don't use the word "us". He is not working for you since you are not a shareholder. Lol

@5x5, you need to actually read the RNSs before commenting:
"Rod McIllree will continue with the Company as an executive director for the next 3 to 6 months and thereafter expects to act as a consultant and adviser as part of the Company's strategic review of its non core Australian projects."

Rod McIllree, director of Alien Metals, commented:
"I am pleased to announce Guy's appointment to the board. I look forward to WORKING with him to continue BUILDING OUT what we see as a SIMPLE AND PROFITABLE mine at Han****. The Company has been making SIGNIFICANT headway on the project and expects to update shareholders on these developments as we achieve significant project milestones. Guy's experience in the mining industry and his financial and strategic planning abilities will be an important asset to draw on at this critical juncture in the Company's development."
https://www.londonstockexchange.com/news-article/UFO/chairman-appointment-and-board-changes/15931655

Most viewed RNS = Alien Metals Limited: Elizabeth Hill and Han**** Project Updates
https://twitter.com/aimrns/status/1651247272984707079

Unfortunately it was not the most read RNS!
If people actually read it, they will realise
"Confidence in project resource has increased with the inaugural Ore Reserves and Indicated Mineral Resources being defined.
71% of the combined resource at Ridges C and E is now classified as Indicated Mineral Resource material.
(mining will start on ridges first, then as cash comes in, can drill more later).
Drilling is currently underway at Sirius Extension to deliver additional Mineral Resource and Ore Reserve upgrades as the Company approaches Financial Investment Decision (FID) for the Project.
Further potential to increase Han****'s mineral resource remains on unexplored ridges.
Commercial negotiations ongoing with preferred proponents for project material packages.
Offtake discussions progressing on schedule.
The Company's procurement efforts are on target to deliver ±US$10 million in CAPEX savings from the initial estimate of US$30 million in the Scoping Study.
Elizabeth Hill:
Results from 22AMC007 indicate potential for new target PGE reefs in the area at Elizabeth Hill
Huge potential for bulk tonne mining Nickel & Copper also and proving the Mineralisation goes from Munni Munni all the way to J Reef. See Figure1.

Rod McIllree, Executive Chairman, commented:
"The updated JORC Mineral Resource and maiden Ore Reserve for the Han**** Project further confirms our confidence in the Project with its high grade, direct shipping quality iron ore. This, combined with the ongoing negotiation of commercial tenders for the material packages associated with the Han**** Project lays the strong economic foundations for project and operational execution. In the coming weeks, I look forward to sharing the outcomes of these negotiations with you as we finalise the pathway to operations.
"It is also exciting to see that this recent drilling has successfully intersected Judy's Reef, demonstrating the Company's understanding of potential expansions of the existing resource at and around the Munni Munni/Elizabeth Hill Area, but also, highlighting new targets of untested PGE reefs similar to that seen at the main Munni Munni complex. The geochemical and geological targeting model that the Company's geologists are working on will assist future drill programs to unlock the value at one of Australia's premier layered ultramafic complexes."

Interesting how people completely missing the fact that they successfully intersected Judy's Reef (1.5m south of EH and way above Munni Munni) which proves Munni Munni mineralisation extends all they way up.
J Reef South Cross Section on Figure 1 is very exciting. Massive 49m of nickel (which is economic at current prices using bulk mining) plus copper & PGE.

Now whole region 100% belongs to UFO allowing it to identify & unlock a major mineralised system.

Directors & Management page just updated:
https://www.alienmetals.uk/about/directors/

@smiller, What "raping the shares via dilution" are you on about? Rod paid kept buying shares out of his own pocket (over 1/2 million pounds in placing, Artemis selling and needing cash and off the market shares) & his options will expire when he leaves the company. That's unfortunate, but he will now be very busy trying to take Megasteel public through his RTO More Acquisitions.

They will "appoint a Group CEO shortly." Looking forward to seeing who they pick.

@Boobjob. Look at the capital structure. Main shareholders will make sure it will not get sold cheap. Simples.

@Boobjob. Silver will no doubt go beyond its 1980 ATH of $50 and UFO 100% own Australia's highest-grade silver mine. Of course it will get mined.
PGM - 80% comes from high-risk S.Africa & Russia. Russia no longer investible. S.Africa have been having constant electricity black outs for several hours a day, every day and it will get worse and continue for years due to old coal power plants that need to be replaced. Cable theft is also a major issue. All cables including from traffic lights get stolen.
https://twitter.com/Eskom_SA/status/1650485499977515009
South Africa’s economy is on the brink of collapse due to rolling power blackouts that have choked industries:
https://twitter.com/KBCChannel1/status/1626532929982562306
Plus Trade Unions always striking and EFF with 2M followers want to Nationalise the mines with without compensation! https://twitter.com/EFFSouthAfrica
"The EFF Pillars of Economic Emancipation:
Nationalisation of mines, banks, and other strategic sectors of the economy, without compensation."
https://effonline.org/about-us/

UFO 100% own and control 1 of Tier1 Australia's largest high-grade Primary PGM deposits with grid power & Mining Lease in the Pilbara. It has taken them 3 years to consolidate the whole area after 30 years of disputes between several parties.
Of course it will get mined.

@boobjob. Why?

Yep, UFO has multiple high-grade deposits, and today announced getting closer to becoming a producer with its simple and profitable mine at Hanc0ck and finds more PGM potential at Judy's Reef and the trolls post non-stop diarrhea. LOL

"simple and profitable mine at Hanc0ck"

Explorer to producer. Simples

Nice to see the trolls that just sold squeal :))))

At 4mins:
"DSO grades – looking pretty positive to actually get Alien Metals to become a producer in the coming months"
https://twitter.com/VSACapital/status/1651134426464616448

At 4mins:
"DSO grades – looking pretty positive to actually get #UFO #AlienMetals to become a producer in the coming months"
https://twitter.com/VSACapital/status/1651134426464616448

Glad to let all the bed wetter trolls leave :))))

The people that just sold their shares now getting spanked!