Member Info for Max111

This is for the person I can't name or can't ask questions to since he will get be blocked:

"Vale says iron market ‘can only get better’ amid tight supply! The iron ore market has stabilized with impacts of China’s Covid-19 lockdowns and real-estate woes already priced in!"
https://twitter.com/Alpha_Bronze/status/1572990356613898246

@(person I can't name) Still waiting for a reply to my questions.

"So, should you buy Alien Metals shares? The short answer is yes. Based on the company’s prospects, it is evident that it can generate significant revenues starting as early as next year from its various projects that have high-grade mineral deposits.

Very few mining companies have access to even one high-grade deposit, yet Alien Metals has access to multiple license areas with high-grade deposits of critical metals."
https://www.asktraders.com/analysis/why-alien-metals-ufo-shares-trade-sideways-on-h1-results/

Alien Metals Ltd's interim results highlight progress across a number of project and strong cash position
https://www.proactiveinvestors.com/companies/news/993698/alien-metals-ltd-s-interim-results-highlight-progress-across-a-number-of-project-and-strong-cash-position-993698.html

https://www.londonstockexchange.com/news-article/UFO/interim-results-2022/15644938

"As at 30 June 2022, the Company had total assets of US$16.9 million (2021: US$8.7 million), of which US$3.0 million (2021: US$3.7 million) was cash."

So we had $3M in cash before the placing which raised £1.5M. Very strong cash position here.

The 2.5M went through at 0.5344p, the exact same price I was quoted to buy (so definitely a buy).
I was quoted 0.527p to sell at same time, so the 3M @0.53p prob a sell (borderline). However, my quoted price to buy since has now ticked up a little to 0.547p.

Nice to see some chunky trades.

5M buy @0.54p and SP ticked back up. News can't be far :)

The plan next was to drill across the orebody and down once mine has been de-watered (since cheaper to drill from inside the mine).

In a previous webinar Bill mentioned they will package the project with a ribbon on the top for a big player to come and take over.

Yes mining lease in place at Elizabeth Hill (pre native title). It's grandfathered in.
UFO has a huge advantage here compared to other silver juniors globally which usually take 5-7 years to start mining.

The old timers only mined the super high-grade silver and stopped mining when silver went below $5/oz.
They left all the nickel , copper & cobalt and didn't even test below 100m. Bill was saying in previous interview that the source of the halo is usually much deeper.
Mine shafts are in place. They shut it down in literally just 2 days took what they could and put a lid on it.

The floor of the mine drive still had silver on it as they shut it down!

According to what Bill was saying last month they should be in Perth or en route to Perth:
“We are looking to going down to Perth end of September"
Plus he said he has some field time booked in also so not just about signing contracts in Perth.

Could get the Grand Reopening of Elizabeth Hill this week.
Loads of news due which as pencilled in for "September Quater".

Roderick McIllree, newly appointed Chairman of Alien Metals provides an overview of operations
https://audioboom.com/posts/8157369-roderick-mcillree-newly-appointed-chairman-of-alien-metals-provides-an-overview-of-operations

Not bothered about getting blocked on this site for asking (the person I can't name) a question.
BTW, if I do get blocked, you can always catch me on Twitter.

Getting closer and closer to production at Hanc0ck partnering with Anglo American and Rod unlocking Munni Munni's over US$5bn in situ value for shareholders (plus the associated massive volume of battery metals at MM which I'm personally after - which are not included in the JORC resource at all!).

Does anyone know who I'm referring to please can they enter the name below. I'm now not allowed to ask that individual a question since I will get blocked!

A particular individual which I will not name just got my post deleted 4 times!

Now I just received a warning from the website:

You have received a Warning message from the London South East Member Services
Received at: Friday, 23rd September 2022 08:37 AM
Please refrain from posting disruptive and argumentative posts directed towards other users. Your account will be suspended if this continues.

Why doesn't that particular person want to answer my questions?!!!
Waiting for a reply.

I forgot to add, in addition to the $1.2Trillion Infrastructure Law, the US also just signed into law $369 Billion for clean energy including hydrogen, solar and 120,000 wind turbines!

PELOSI: "We saved the planet! We're saving the planet with record $360 Billion to save the planet." :)))
https://twitter.com/Breaking911/status/1573013761207713794

Easy to print the money digitally. Not so easy to develop the necessary mines!

They only have to fill out TR1 and put on capital structure if over 3%.
However, they I believe they will need to notify as Director Dealings if they sell.

The EU approves $5.2bn for green hydrogen projects, increasing the need for #PGM deposits like Munni-Munni. Read in full, via @CNBC: https://cnb.cx/3dzDWw3
https://twitter.com/AlienMetals/status/1572960183495831552

Fact is that Anglo American can see their order book and have chosen to take 100% of our high-grade product for at least 3 years. That's good enough for me.

China's largest policy bank to boost infrastructure loans to local govts -
https://twitter.com/newsinvesting/status/1572812949114290176

Iron Ore price has opened up again.

I forgot to add that whist we focus on mining the ridges first (with much lower Operating Costs than the average FOB $65/t for whole resource including sirius) and account for reductions in oil price and further 10% reduction using the additive Bill mentioned before, we also get a premium to the CFR price for selling lump product.
We should have about 20% lump, so can stockpile this and sell when required.

I'm now more bullish on Hanc0ck generating massive Free Cash Flow than ever!

Iron ore price rises as China’s construction stimulus pays off
https://www.mining.com/web/iron-ore-price-rises-as-chinas-construction-stimulus-pays-off/