Member Info for Max111

L2 looking very strong. MMs wanting to buy x4 the amount they want to sell.
Just need to break the 50-Day Moving Average of 0.79p and we will be flying.

Hi Pandatron, UFO now has an inferred JORC Resource with an in situ value of over US$1bn high-grade DSO Iron Ore, which they are about to significantly grow (just finished Phase 3 drilling and now waiting for results), so I don't see it as a risky gamble:
https://twitter.com/AlienMetals/status/1479009477768663043

One to watch along side Rio Tinto. You will see. ATB, Max.

Our 2004 JORC PGM Resource includes 76,000oz of Rhodium x $17,000 = $1,292,000,000 in situ value just for the Rhodium alone!

And of course the PGM Resource remains open along strike and at depth!

Interestingly Chartist Patrick Karim said "Platinum might have just as much potential or even more than silver!"
https://twitter.com/badcharts1/status/1478470713099132931

After Alien Metal's recent acquisition of the Munni Munni PGM project (one of the largest PGM projects in Australian) UFO now gives you maximum leverage on platinum also.

"Iron Everywhere" Hanc0ck next door to Hanc0ck Prospecting :)

Nice start to the morning with a 1.1M buy.
We are now above the 20-Day Moving Average of 0.69p and will keep moving up.
Looking forward to when the EUA investors start to look into Munni Munni being one of the largest PGM deposits in Australia.

Now a 5M buy at 0.734p at 15:16.
The sells were going through at that time as 0.716p, buys 0.73p.
So definitely a buy.

Also ever since the 7M trade, L2 switched today (I look at the free basic L2 from TradingView) from MMs wanting to buy more than sell, so IMO the 7M which was just above the bid ask dummy trade price was also a buy.

Someone seriously loading up at a bargain price. It's just crazy that some were selling there shares to this person at a price below he/she is moping them up for.

Yes Vosgi the 2004 PGM JORC has an in situ value of over US$4bn! UFO is literally bargain of the year.

In 2001 Lonmin plc invested in Munni Munni in its first deal outside S. Africa.
Lonmin then withdrew in 2003 since palladium tumbled from $600/oz to $250/oz.
In 2019, Lonmin was acquired by Sibanye-Stillwater. In an effort to reduce it’s political risk, Sibanye has recently started making international investments and acquisitions and just a few months ago made its first investment in an Australia.
Their website states:
“The investment in New Century further diversifies Sibanye-Stillwater geographically, providing a foothold in Australia, a high-quality international mining jurisdiction.”
https://www.sibanyestillwater.com/business/green-metals/new-century-resources-australia/

At current PGM prices and Sibanye wanting to reduce their political risk by investing in Australia, I’m sure they would be interested in investing in Munni Munni again now that the region has been consolidated.
One long PGM strike that goes for over 8km and no disputes between different parties in a Tier 1 jurisdiction with access to infrastructure and the power grid.

@norm, if it was a sell why did he bid to sell jump up to 0.7425p and the SP jump up 11.11% 1 min after the trade?

Wow 7M trade at 0.73p at 11:08am.
Just before it I was getting dummy quotes to sell 1M at 0.7168p, buy at 0.742p.
Then at 11:09am (1 min after that trade) I got dummy quote to sell 1M at 0.7425p.
The SP then jumped to 0.75p up 11.11%. Therefore definitely a buy.

I was shocked when they tweeted, "Iron everywhere"!
Obviously it can be misleading and they had to clarify.
However, you don't just state that for no reason and it's already out there and can't be taken back:
https://twitter.com/Share_Talk/status/1478992688984829952

New ridge F drilling in December 2021, looking North East to even more Iron Ore ridges not yet factored into resource growth of the Han**** Project. Iron ore price currently above $120/t.
https://twitter.com/AlienMetals/status/1479009477768663043

Scissor test drilling on new ridge F, Iron everywhere, Han**** Iron Ore project, December 2021.
https://twitter.com/AlienMetals/status/1478987770458746882

Hopefully we get the Brockman permit soon. The Heritage Surveys should be completed now. Since they were out there recently with helicopter support to set drill targets, I think we should be receiving the permits soon.

4M buy showing after close at 16:38.

Someone is now seeing the potential of Munni Munni (one of Australia’s largest PGM deposits) finally all consolidated to facilitate JV. 2M and 3M buys.

Can't be long until we get the initial assay results for EH and get boots on the ground again at our new camp :)

In the last interview, Bill said they will update the 2004 JORC Resource to a compliant 2012 JORC Resource.
Artemis had done a lot of the work previously.
Just need some more infill & core drilling and metallurgy work which won't cost too much.

Our new 2004 JORC Resource includes: 1.14Moz palladium and 0.83Moz platinum.
But most importantly it remains open along strike and at depth and is one of the biggest undeveloped primary PGM Resources in Australia which was initially discovered by Dr John Ferguson.

"Platinum might have just as much potential or even more than silver!"
https://twitter.com/badcharts1/status/1478470713099132931

Thanks Vosgi, I'm going to have to use your powerful quote:
"West Australia set to become Western Worlds source of critical PGMs for hydrogen economy"

Happy New Year to all UFO shareholders and all Alien staff in Australia! Bring on 2022!!! :))
https://twitter.com/SkyNews/status/1476902991424888846