Member Info for Max111

Alien Metals reports positive exploration updates from San Celso and Donovan 2 projects
https://www.proactiveinvestors.com/companies/news/981819/alien-metals-reports-positive-exploration-updates-from-san-celso-and-donovan-2-projects-981819.html

FYI, Looking at how it was trading on Friday morning was what prompted me to post "Could a discovery be made at Donovan2?"
Something significant is there IMO.

Looks like a discovery at Donovan2 is being made.

Yes 78m zone similar to the San Nicolas VMS Copper deposit owned by TECK next door!!

https://www.rns-pdf.londonstockexchange.com/rns/9099K_1-2022-5-10.pdf

Ok norm. See you back here in 2023. Bye.

Looking forward to x3 Mexico news.

@norm, was that your 2.5M buy?

More buys than sells.

At least we now know who the deramper traders are.

LemsipMax (aka Chris2) was that your 2.5M buy that just went through?

Yes. Nice 2M buy just went through. I'm glad we shifted more shares to diamond hands.
The deramping traders aren't getting filled. Haha!

@Wents to have funds in the bank to last over 15 more months, there must be around £4M in the bank. Simples.

@Wents, on 18th Feb Bill said, "We've got funds in the bank for 18months"
https://youtu.be/ltfU5HKQSWA?t=1682

Plus after getting positive results which will lead to JV then funds can be put to other projects.
Also Bill only does low cost effective exploration. Simples.

@Steve, as I told you before, the Interim Results stated we had as at 30 June 2021 $3.7M cash in the bank which would have been more than enough to pay for all expenses up til now.
Plus we have had warrants & options uptakes since since the £4M placing bringing in about a further about £600-700k cash in the bank.

How much do you think our expenses will be per month from now?
Lets say it is £250k/month (which is high since some months there will not be any exploration).
£4M/£250k = 16months left of cash in the bank. Similar time frame Bill gave in the Scotland presentation.

You can tell all the traders trying to get their limit buy orders filled to buy back their positions.
UFO have over £4M cash in the bank.
Looking forward to x3 Mexico results soon.

https://twitter.com/AlienMetals/status/1523565219376631809

Fauna field studies at Han****, a key part of the permitting process to awarding of a mining lease.
https://twitter.com/AlienMetals/status/1523563020592369665

Good to see Iron Ore focused mining entrepreneur Ken Watson liking Bill's picture standing on top of discovery JORC Resource Ridge E which will be mined in less than 12 month:
https://twitter.com/AlienMetals/status/1522121196225110018

Ken has a lot of experience in Pilbara Iron Ore, so great to have his approval of the project.

As WH Ireland stated, 2022 will be a company defining year with 2.7p/share as their initial current fair valuation.

Looking forward to getting news from our Mexico projects soon which investors have currently put a zero value on!

Could a discovery be made at Donovan2? Especially when previous "Donovan’s drill hole, DON21-003, intersected a 11.5m zone of intense alteration" and that "The company believes the structure is near"?
https://mexicobusiness.news/mining/news/alien-metals-begins-promising-drilling-program?tag=alien-metals

The People’s Bank of China on Wednesday vowed to “waste no time planning incremental policy tools to support steady economic growth, stabilise employment and prices … to provide a fair monetary and financial environment”.

https://www.mining.com/iron-ore-price-rises-on-optimism-over-china-central-bank-support/

@Chris2 you have actually proven to be the worst market timer in the history of UFO.

But out of interest, what is your SP prediction for end of next week?