Member Info for Max111

FYI, China was not due to reopen tomorrow. Not sure where some people getting their info from.

However, US$5.5 billion Shanghai Disneyland is to reopen tomorrow (after being closed for 25 days):
https://www.scmp.com/business/china-business/article/3200823/shanghai-disneyland-reopen-after-25-day-hiatus-despite-rising-covid-19-cases-and-controls-city

China will need to come out of the lockdown policy eventually to achieve set targets of 5% GDP growth next year and catch up for this year.

Update: "China's Big Six banks"
https://twitter.com/Sino_Market/status/1595748956964679681

Very significant moves in across Chinese property developers after 3 large Chinese banks increased funding for Chinese developers. Eg. Country Garden up over 20% today!

Just the beginning. China has set aside US$1.1 Trillion for Infrastructure Stimulus!

We think China will fully reopen by Q3 2023, UBS says:
https://www.youtube.com/watch?v=JAM0wzgFvno

Remember what Robert Friedland said:
"The minute our Chinese friends come out of their lockdown, we are going to have a sustained long-term shortage of Critical metals"
https://twitter.com/robert_ivanhoe/status/1592540065724764160?t=PJHiXI8fr3SMAqIw85DUDQ&s=19

Perfect for UFO to cash in on the demand with 1.4 billion Chinese being unlocked!

IN BRIEF: Alien Metals completes drilling at Elizabeth Hill
https://www.morningstar.co.uk/uk/news/AN_1669210348980189200/in-brief-alien-metals-completes-drilling-at-elizabeth-hill.aspx

"Says the sulphides observed in drill holes at Elizabeth Hill and Munni Munni confirm continuation of mineralising structures. Notes the initial portable X-ray fluorescence results indicate above background concentrations of both base metals and silver. Expects priority samples to be assayed in due course."

I know Bill & Rod are at the 121 Mining Investment London today, but hopefully they can do an interview today.

From 14:50 on the agenda is "Mining Company Interviews for Assay TV"
https://www.weare121.com/121mininginvestment-london/agenda-day-2/

Anyone going today?

As well as targeting extensions to the main silver lode mineralisation, I'm also very interested in the in high demand base metals: Nickel & Copper.

Ultramafic intrusions are very fertile in that region both for Nickel and Copper intrusive deposits.
Eg. Azure’s Andover Ni-Cu discovery.

Figure 1 in RNS looks very interesting.

(1/2) @AlienMetals has completed a drill programme at its Elizabeth Hill #silver project & Munni Munni #PGE project in #WesternAustralia. The sulphides observed confirm the continuation of mineralising structures http://ow.ly/tc3w50LLMFp
https://twitter.com/BlytheRayPR/status/1595352491859877888

(2/2) Portable XRF results indicate above background concentrations of #BaseMetals and #silver. The wide zones of alteration encountered indicate the continuity of $silver hosting structures. Results will be analysed in due course and follow up work is being planned #UFO $UFO
https://twitter.com/BlytheRayPR/status/1595352714774720513

https://twitter.com/proactive_UK/status/1595348961392758784

Never heard the shorter trolls squeal so much.

Anyone got L2?

@Wents, more likely that "expanded potential of Australia's highest grade historical silver mine" with the following:
confirming continuation of mineralising structures
Initial pXRF results
Wide zones of alteration encountered indicating continuity of silver hosting structures
Geological logging encountered several zones of altered material that has similar characteristics to the main mineralized high grade silver zones at the Elizabeth Hill mine

will have very high-grade/ bonanza rather than ave grade of around 100-200g/t for most silver mines.

"Priority samples collected and submitted for assay with balance of samples to be assayed in due course."

They must have seen something in the priority samples, hopefully more bonanza to be announced before Christmas.

@AlienMetals Targeted exploration drilling 100% owned Elizabeth Hill Project #UFO Initial observations of results ???? Sulphides observed in drill holes at Elizabeth Hill and Munni Munni confirming the continuation of mineralising structures
https://twitter.com/Share_Talk/status/1595327918606983173

UFO has around US$4M cash in the bank!

On 7th Sept, when Rod was fully appointed, he did state, "Work will NOW start in earnest on both projects in parallel with the continued move towards iron ore production in Western Australia".

But they kept drilling at EH quiet. He is cracking on :)

Targeted exploration drilling 100% owned Elizabeth Hill Project
Initial observations of results
https://www.londonstockexchange.com/news-article/UFO/targeted-exploration-drilling-at-elizabeth-hill/15726634

121 Networking Drinks start soon.
Blackrock & Orion are there. You never know :)

Oh wow. Rod gave a Mining CEO Presentation.
He has been in the game a long time and has a lot of contacts in London. Awesome.

Anyone is going to the 121 Mining Investment London today/tomorrow, let us know what Bill says.
https://twitter.com/Investinmining/status/1594992850277928960

@dickie, 100% stevomining & Pops1980 are the same person. Pops bought in at the peak in 2020 and then became disgruntled.
But I wouldn't worry about him too much, since apparently he is an A&E doctor which is why he was such an authority on RMS (which were selling triple lined covid masks). Not sure what happened to RMS.

Anyways, IOCA is a company maker, which is why they have taken on a new CEO.
Rod recently invested £350,000 into UFO which tells me all I need to know.