Member Info for Max111

Article in @MiningOnline on how the Silver Institute has tipped 2022 to be 'exceptionally promising' for silver demand.
https://twitter.com/AlienMetals/status/1491714697594388481

IBK Capital are already marketing our projects in Mexico for JV and they are next door to Fresnillo, Endeavour Silver and Teck Resources :)

The great thing with Mexico is their low cost & high skilled workforce.

@TLM, not sure on time. It's normally on VO X Markets or Share Talk. I'll keep a look out ;)

Looking forward to Bill's interview today :)))

Alien Metals gets OK to start drilling on high-grade silver and copper-gold projects in Mexico
https://www.proactiveinvestors.com/companies/news/973729/alien-metals-gets-ok-to-start-drilling-on-high-grade-silver-and-copper-gold-projects-in-mexico-973729.html

FYI, UFO Alien Metals just got granted the silver permits in Mexico:

Drilling of key Mexican silver assets set to commence
https://www.londonstockexchange.com/news-article/UFO/drilling-of-key-mexican-silver-assets-to-commence/15322756

"Alien has been granted all the necessary permissions to begin drilling on its 100% owned Los Campos and San Celso Silver Projects"

Well there it is. These are the permits next to Fesnillo I was on about:

Drilling of key Mexican silver assets set to commence
https://www.londonstockexchange.com/news-article/UFO/drilling-of-key-mexican-silver-assets-to-commence/15322756

"Alien has been granted all the necessary permissions to begin drilling on its 100% owned Los Campos and San Celso Silver Projects"

Alien has been granted all the necessary permissions to begin drilling on its 100% owned Los
Campos and San Celso Silver Projects and the Donovan 2 Copper-Gold Project in Mexico!!!!!

http://www.rns-pdf.londonstockexchange.com/rns/2166B_1-2022-2-9.pdf

No worries PortfolioPower.

Also don't forget that the PGE strike is open at depth & along strike and goes all the way from the Cadgerina Dyke (which is interpreted to be the feeder zone of the Munni Munni intrusion, yet to be tested) to hopefully the Elizabeth Hill mine (we will soon find out in the next set of drill results).

Hi PortfolioPower,

When the deal completes we will 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 $2,222/oz = $2,533,080,000
• 830,000oz platinum x $1,033/oz = $857,390,000
• 152,000oz gold x $1,831/oz = $278,312,000
• 76,000oz rhodium x $16,900oz = $1,284,400,000
Total in situ value = $4,953,182,000.

Take valuation of just 5% (some people use 10%, but norm prefers 5% which I agree with to be on safe side) = $247,659,100.
Compare that with UFO's current market cap of £40m!
UFO is incredibly undervalued, and that is not including other projects!

Are Chalice Mining producing?

Do you not think a JV would cause a massive re-rate now that the whole area has been consolidated to facilitate JV?

Lonmin Plc (acquired by Sibanye-Stillwater in 2019) only withdrew in 2003 since palladium tumbled from $600/oz to $250/oz. Palladium is now $2000/oz higher.

Once the deal is done, they will start marketing Munni Munni for JV (now that there are no more lines on a map splitting up the PGE strike and disputes between different parties).

Up 6.8% today!
https://twitter.com/KitcoGoldQuotes/status/1491471977235861504

Platinum and palladium price rises covered by @KitcoNewsNOW.
In November and December 2021, the Company entered into two Binding Heads of Agreement to acquire a 100% interest in the Munni Munni PGM and Gold Project in the West Pilbara, Western Australia.
https://twitter.com/AlienMetals/status/1491367124216193024

Iron ore prices hit 23-week highs. China extends the deadline for peak emissions for the steel sector.
https://twitter.com/CNBCTV18News/status/1491276683097571328

Exploring the new potential of Ridge G western end, Han**** Project. Plenty more Iron there!
https://twitter.com/AlienMetals/status/1491308700287774723

UFO is now in breakout mode. We were already trading at 1.20p after the Scoping Study in October stating "exceptionally strong returns" and Operating Costs of below $60/t FOB, and we would have gone much higher.
The placing took us down temporarily. Since then the fundamentals have improved massively with an extra £4M cash in the bank and gone through much of the warrants/placing churn when we traded over 823M shares in just 3 days after record bonanza results (which we just found out in the interview finished in ore and is open at depth!).

We traded 91M shares today. The people that sold today will regret it very quickly IMO.

Interestingly UFO Alien Metals has high-grade Iron Ore projects that border BHP:
https://www.alienmetals.uk/projects/wa-iron-ore/

UFO's tenements were obtained via a ballot which BHP, Rio & FMG also applied for. In Western Australia if more than one company applies it goes to ballot.

UFO is set to become the next WA iron ore producer.

UFO has a tiny market cap of £40m compared to BHP's Mkt Cap of £127bn.
2022 looking great for both BHP & UFO. ATB, Max.

4M sell at 16:26
Then 4.5M buy at 16:57 :)