Member Info for Max111

L2 remaining very strong all week whilst other shares and crypto plummeted.
UFO team working hard and lots of work going on in background with fastest route to market.
Looking forward to the next update :)

Alien metals is pleased to celebrate #InternationalDayOfWomenInMining, remaining dedicated to its mission of improving diversity and equality in the mining industry.
@IntWiM #AlienMetals #UFO
https://twitter.com/AlienMetals/status/1537013325657255937

It had been a week since last tweet. Hopefully lots of updates to come.

More signs of the rotation with Bitcoin now below $21,000 per Bitcoin (not sure what you get with your Bitcoin to make it worth $21,000).

Dollar has been so strong lately, but moving down today. Trillions of dollars waiting to be transferred to the real physical world.
With production of high-grade Green Iron Ore early next year, UFO very well placed to cash in and generate millions.
Going to be a fun ride to current fair value of 2.7p and beyond.

UFO was unchanged until noon today when all other shares were down from first thing.
L2 has been strong all day. Lots of buy orders in, hence went's typical post.
UFO has come a very long way in the past couple years.

If you have seriously researched the DSO (lots going on in background to turn UFO into an impressive serious player) then you should be buying as much as you can on the market rout.

@Chrisatbirdies, the EH RC assay results were announced on 25/4/22.
They are redoing hole 12 though to give further confidence whether there is either a 2nd EH deposit there, or a narrow but significant off-shoot.
They will be drilling from inside the mine (which is cheaper) and going straight into the ore body next.

We are waiting for San Celso silver results and Donovan2 (78m of sulphides). These should be out very soon since no significant delay in Mexico.

At least UFO have over US$1.5bn high-grade DSO (in process of being unlocked), over US$5bn PGM's & Gold and re-opening highest-grade silver mine with infrastructure, power gird and mining lease in place (years ahead of other explorers).
Shame money went to crypto instead, but it will soon flow back like it did in 2011.

Apparently it was worth $3 Trillion at the record high!
I'm not knocking crypto (if there are any crypto investors) but crazy that you can value something in Trillions which has zero intrinsic value!

Will we finally get the rotation from digital to physical commodities?

The digital crypto market is worth a staggering US$1 Trillion!!
This should have gone into PMs (which is why PMs didn't skyrocket before) and especially into silver due to the Gold Silver Ratio.

Yeah I saw your graph. Very interesting. So they have basically brought forward 7 years of purchasing power! With a further $1.2 Trillion infrastructure stimulus to be printed. Plus Build Back Better stimulus which will be even bigger.
Printed way too much money and now there are not enough physical goods to go around.

And the problem is also on the supply side.
We have literally had a decade of under investment in capacity in mining.
The producers of commodities didn’t get the capital. The money printed went into tech & crypto etc.
Now we get the rotation and the money will have to flow back to commodities.
Great for UFO since we get the rerate as money comes back into the very tight silver space and also as people begin to connect the dots that we will be harvesting & cashing in on D$O within 9-12 months!

Sorry that was actually from previous presentation.
Latest Corp Presentation p.16:
https://www.alienmetals.uk/wp-content/uploads/Alien-Metals-PPT-25.05.22.pdf
"Continue to be for "Shovel Ready" Q1 2023"

The Corporate Presentation states:
"Continue to be for "Shovel Ready" Q1 2023". So just 9 months away.
https://twitter.com/MaxUFO8/status/1522130674559459328

We haven't had a Twitter update for a while. I think Bill is busy preparing an RNS :)

Lol. With you on board, it's definitely starting to feel like a 2020 rise again :)

Last update stated: "An initial Mining Lease area within the tenement has been surveyed, and an application has been
made."
It's all on track to be shovel ready to mine in Q1 2023.

Hey Shouston, great to have you back on the BB mate. Not much time left until production :)

Iron ore futures price up by US7 cents or less than 0.1% to US$145.88 a tonne:
https://twitter.com/CommSec/status/1534635074372894720

Article in Steel Orbis:

Alien Metals to start production at Han**** iron ore project in 2023, acquires Vivash Groge iron ore project
https://www.steelorbis.com/steel-news/latest-news/alien-metals-to-start-production-at-han****-iron-ore-project-in-2023-acquires-vivash-gorge-iron-ore-project-1246844.htm

If we get positive result at Donovan 2, we don't necessarily need to drill any more holes since Teck Resources (literally a straight 20km road to D2) would want it.

Not hyping D2 at all. I'm expecting it to be a duster and hope to be surprised by a positive RNS.
However, Munni Munni already has an over US$5bn Resource which is open at depth and along strike. As the WHI valuation report stated, "several companies in WA are looking at the potential for PGM mineralisation, and all have a market cap in excess of that for Alien - without any other supporting projects - an obvious disconnect."

@smiller, we don't need such high copper grades.
Teck Resources next door has 108Mt @ 1.16% Cu.

However, copper projects under development now have an average grade of 0.39% or less, according to Mining Intelligence.
Copper prices now make the low grade copper economic.

@Wents, how can Capstone see it when they drilled in the wrong place!

Donovan2 was based on well samples such as:
https://www.alienmetals.uk/wp-content/uploads/Copper-rich-float-D2-1-1024x768.png
But Capstone never tested the well area!
Drill results for 78m of sulphides due soon. The project has been written off by investors anyway, so huge upside if the 78m of sulphides are metal bearing. Mmmmmmmm

How about blending with PGMs! Or battery metals :)

I remember in the IG interview, Bill mentioned there will be much more battery metals Nickel, Copper & Cobalt than the $5bn worth of PGMs at Munni Munni.
He said something like, "we know it's there, we've seen it."
This always struck me as, since how can he see it.
But it made sense when they issued the Merged Magnetic Image over the Karratha region:
https://twitter.com/MaxUFO8/status/1531659785799716866