Member Info for Max111

Also Iron Ore doing nicely:
Good morning - Iron ore up US$0.28 or 0.2% to US$150.30 per tonne.
https://twitter.com/CommSec/status/1508883914173317121

I highly recommend listening to Andrew Forest of Fortescue and very importantly Philip Green:
https://www.youtube.com/watch?v=aGTiuQOjY0E&list=TLGGAPurL2AibuIyOTAzMjAyMg&t=2674s

Fortescue and E.ON sign deal to replace Russian gas with Australian green hydrogen
https://www.ft.com/content/0d14e8e9-63a1-400b-81af-e705d6eaaba9

Fortescue Future Industries just signed a minimum $50bn investment
https://twitter.com/FortescueFuture/status/1508796478650830856

This is why Munni Munni with an in situ value of over $5bn (plus it's open at depth & along strike) will make investors very rich.

Make sure to follow us on Instagram @ AlienMetals for visual updates across our many sites #UFO https://bit.ly/3tKRqu1
https://twitter.com/AlienMetals/status/1508839333448536064

OK Steve. See you in a few weeks mate :)

Personally I wouldn't touch UK listed Russian shares with a barge pole. Before the war I was warning about heavy sanctions being imposed on Russia.

Firstly there is the issue of "Blood money" as Andrew Forest of Fortescue argues:
https://twitter.com/CNBCi/status/1503762951366402055

Also very importantly at the start of the conflict "It added Moscow won't rule out nationalising the assets of companies registered in the US, EU and other "unfriendly jurisdictions":
https://twitter.com/SkyNews/status/1497513596217135105
UK & US are at the top of the list of "unfriendly jurisdictions" for Russia.

Biden said the conflict can last a decade.
Even if the hot war stops, the economic war will continue.
https://twitter.com/WallStreetSilv/status/1508186316638457864

Real assets in Tier 1 will be key.

Federal Budget 2022 outlines plan for the #Pilbara region to become a “titan of #mining” through a $1.5 billion funding injection. Read in full: #UFO
https://twitter.com/AlienMetals/status/1508798307321135107

I remember when initial 4 holes were due mid-late November and they didn't arrive until end of January lots of people were coming up with conspiracy theories etc. It was just lab delays. Same with all other miners.

Excellent recrystallisation processes at San Celso associated with possible mineralisation. If not still a very impressive sample! #UFO
https://twitter.com/AlienMetals/status/1508719774280437761

Snapshot:
- Alien Metals starts drilling at high-grade silver projects in Mexico following COVID-19 delays.
- Alien Metals has huge palladium and nickel upside at Munni Munni and Elizabeth Hill, and funds in place to get them moving.
- Turner Pope says Alien Metals upside could be greater than previously thought.
- Alien Metals complete 'exceptional' acquisition of Munni Munni, hailing it as 'fantastic addition'.
https://www.proactiveinvestors.com/companies/news/906864/alien-metals-ltd-has-a-diverse-portfolio-of-commodities-to-develop-906864.html

@smiller, no UFO did their own IP survey. Then Capstone did one after.
If we hit the VMS, then Tech Resources would be much better JV partner and we would get much better terms.
So could very well turn out to be a blessing in disguise that Capstone pulled out.

Also Bill explained that we get better per meter rates if we drill all 3 together.
The market isn't attributing any value to the Mexico projects. So just need 1 out of the 3 to be hits. Then JV with a major.

@smiller RNS 14/07/21 stated:
"The original high-priority targets identified by Alien prior to Capstone's involvement remain untested."

@AlienMetals Drilling underway on Mexican Silver and Copper Projects ???? Personally, I am very excited to be here in person to witness the start of a long-awaited maiden drilling programme" Bill Brodie Good, CEO & Technical Director of #UFO, commented
https://twitter.com/Share_Talk/status/1508424824858812424

The Mexico projects are being marketed by IBK Capital. Just need positive results.
Plus no delays in Mexico and they have cheap & high-skilled workforce.

Hi smiller, this is from the well:
https://www.alienmetals.uk/project/vms-gold-donovan-2/

Malachite is visible. Both IP surveys were very positive.

Today's Research Note stated:
"The drill rig will subsequently move to the Donovan 2, copper base metals VMS target, where sampling from inside an old water well returned over 3.34% copper while geophysical surveys have defined compelling targets. Donovan 2 is in similar geology and 20km west of San Nicolas, Mexico’s largest VMS deposit; it is unlikely that San Nicolas formed in isolation."

Mexico’s largest VMS deposit is just 20km away and VMS deposits form in clusters.
With such strong samples, a significant VMS deposit has to be nearby.
Bill has already picked up on things Capstone missed.
IMO they will find it. If they do, expect a massive re-rate!

Alien Metals provides update on Mexican silver and copper projects
https://twitter.com/Mining_Review/status/1508399453224542212

Nice to be on the front page of https://www.globalminingreview.com/

Looking forward to getting Silver Options Expiry out the way today. Elizabeth Hill RNS any time from tomorrow onwards will be lovely :)

Gravner has changed name to GILMORE CAPITAL LIMITED

Updated percentage due to dilution from adding Platina & Artemis shares.

"Other (please specify) iii: Dilution"

https://www.londonstockexchange.com/news-article/UFO/holding-s-in-company/15386887

*£4M (not $)

Why on earth are people discussing placings at this point?!
We had millions in the bank prior to the the placing last November and then raised $4M and since then have had warrants being taken up which have added to the $4M of cash we currently have in the bank.

In the Presentation last month Bill said we now have funds in the bank for 18 months:
https://www.youtube.com/watch?v=unY92u33mg8&t=1673s

With over $4M cash in the bank we are in an incredibly strong financial position.

Maybe start think about placings from Q3 onwards.

https://twitter.com/research_tree/status/1508339360952893440

"Following a two-year Covid related hiatus on its Mexico projects, this is fantastic news for Alien in our view."