Member Info for Max111

@AlienMetals completes acquisition of Munni Munni Platinum Group Metals and #Gold Project #GMR #exploration #business
https://twitter.com/Mining_Review/status/1506589035271270409

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

@Wents, I'm not here to defend Silverhorse. But you & Tryingard owe him an apology for attacking him on this point.

As 5x5 said, "all your posts have no content. What are you bringing to the discussion?"

The resident derampers are getting worried. You know this is about to move up Wents!

@slater606, why do you think Fresnillo (Market Cap £5.3bn) will not do well this year as the Gold-Silver Ratio narrows?

At what price do you are you looking to invest in FRES?

BTW the Golden Cross happened on silver yesterday:
https://twitter.com/WallStreetSilv/status/1506357751940886536

@Tryingard & Wents, on 23 Feb Silverhorse said, "I have 13m now". Today day he posted "over 13million now". So he hasn't contradicted himself on this point.

@silverhorse, the market isn't putting any value on any of the Mexico projects, so just need 1 out of 3 to be hits.
But I agree with you, IMO all 3 will be winners.

I'm especially looking forward to Bill proving Capstone wrong about Donovan2 and doing a JV with multi-billion dollar Teck Resources just 20kms away on much better terms than the 20% we had before.

Great coverage in @MiningOnline following Alien’s recent acquisition of the Munni Munni Project. Read the full article here:
https://twitter.com/AlienMetals/status/1506564686313144322

UK Inflation hits new 30-year high = 6.2%
https://www.bbc.co.uk/news/business-60833361

"Prices are rising faster than wages and the Bank of England thinks it could hit double digits this year."

Yes Barrett, we got it over the line :)
UFO now own all of Munni Munni, one of Australia's largest PGE deposits with access to infrastructure & mining lease in place!

Great article in Australian Mining:

Alien lands on the Munni Munni
https://www.australianmining.com.au/news/alien-lands-on-the-munni-munni/?utm_source=dlvr.it&utm_medium=twitter

1.5p by end of April is Zak Mir's call. I think he will be right.

It can happen very quick. We saw UFO go from this level to 1.6p within 3 trading days during silversqueeze last year.

The longer they keep silver down, the higher it will go and the longer the bull market will last. So I don't mind waiting.

When silver moves, it's going to move very fast.
https://twitter.com/badcharts1/status/1506404917359128584

As others have said, we can see $30 to $50 literally in 2 weeks!

All the other metals have hit their ATHs. Just waiting on silver now :)

"Golden Cross happened on #silver today.
50 day mov ave crossed the 200 day mov ave.

Last time was July 2nd 2020.
Silver went from $18 to $30 in 5 weeks."
https://twitter.com/WallStreetSilv/status/1506357751940886536

We all know what happened to UFO when we had the last golden cross in silver!

https://twitter.com/AlienMetals/status/1506322197647962115

Good to know drilling in Zacatecas finally started yesterday :)

I think Bill accidently let it slip when he said "working with the drillers seeing some good" then he paused and said "hopefully some good intersections coming through".

https://www.proactiveinvestors.com/companies/news/977514/alien-metals-complete-exceptional-acquisition-of-munni-munni-hailing-it-as-fantastic-addition-977514.html

Nice slide show by Vo x Markets:
https://twitter.com/**********/status/1506279874813698053

Need to type VO Xmarkets to make link work

This really is a masterstroke deal. I never even dreamed we would get all of Munni Munni when I first invested.

Absolute genius by BOD if you have been following the stages: UFO acquired Elizabeth Hill, then Munni Munni North, then 30% Platina interest in order to get right of first refusal to buy remaining 70% of the PGM and Gold project. EEE was fighting to get 41% interest (Platina took them to High Court), but got resolved in 2020 (interestingly just when UFO SP started taking off).

Total transactional value of the cash and shares acquisition was just under £3.99 million for a Resource with an in situ value of over $5bn. This is unheard of!!

All now consolidated to facilitate JV.

Now deal has completed, UFO will start marketing the project and re-rate will come very soon.

Lonmin Plc only withdrew in 2003 since palladium tumbled from $600/oz to $250/oz.
Now the project is highly profitable.
In 2019, Lonmin was acquired by Sibanye-Stillwater and Sibanye recently started investing in Australia in order to reduce its political risk of being in S. Africa (2 of their mines in S. Africa will now be going through months of strikes).

Since Russia is largest producer of Palladium and 2nd largest producer of platinum and with sanctions, the west can no longer rely on Russia in future.
Munni Munni has to be developed.
PGE prospects this size can presently only be found in higher risk locations such as Africa, Russia etc.
No better PGM project with access to infrastructure & mining lease.

https://mcusercontent.com/d9ebd7c1aa0f3dbc5fab42eca/files/f99bce54-82d8-371d-cea1-af85e60fe521/AlienMetals_22_3_2022_FINAL_BG.pdf

Alien Metals completes on acquisition of Munni Munni platinum group metals project in Australia
https://www.proactiveinvestors.com/companies/news/977417/alien-metals-completes-on-acquisition-of-munni-munni-platinum-group-metals-project-in-australia-977417.html

@Goingtomoonufo, the whole point of consolidating the region is to facilitate JV.
Before the PGE strike salamandered in and out of different tenements.
Now one nice long strike that goes from the Cadgerina Dyke, which is interpreted to be the feeder zone of the Munni Munni intrusion all the way to Elizabeth Hill!

We now have 100% of JORC 2004 Resource of 2.2Moz, comprising 1.14Moz palladium, 830,000oz platinum, 152,000oz gold and 76,000oz of rhodium.
• 1.14Moz Palladium x $2,508/oz = $2,859,120,000
• 830,000oz platinum x $1,038/oz = $861,540,000
• 152,000oz gold x $1,936/oz = $294,272,000
• 76,000oz rhodium x $17,850oz = $1,356,600,000
Total of UFO Munni Munni 2004 JORC Resource = $5,371,532,000 in situ value!
Take valuation of just 5% = $268,576,600 compared to UFO’s Market Cap of just £40m!
UFO is incredibly undervalued.

But the key thing is that the Resource remains open along strike and at depth!

Then add the other projects!

Acquisition of Major Platinum and Palladium Project in Australia Completed
https://www.rns-pdf.londonstockexchange.com/rns/5728F_1-2022-3-22.pdf