Member Info for Max111

30% of a mine as WCE progress this is tantamount to 100% in the sense that they are taking on full responsibility for the exploration, management and development up to decision to mine.

They have already raised $9M cash, and will have to raise and raise again.

JV's are the way to go.

Especially since it means we don't miss out on the silver bull and haven't diluted Hanc0ck & Munni Munni PGM & Gold.

Just having the project in a company with the word "silver" in it will be worth at least double in SP in the coming bull market and speculative fervor.

Also as Chris M said, "We are confident that particularly with the great work that is being done by the team at WCE with EH we will start to see that value transition across. It will happen!"

Big news coming.

Non-dilutive value creation. Beautiful.

US PPI & Initial jobless claims data out this afternoon.

Higher than forecast Initial jobless claims would be bullish for silver, since the Fed has a dual mandate of inflation & unemployment, so Fed will have to ease.

UFO is 100% a coiled spring!

Interesting to note that industry is going direct to mines to source silver.

All eyes on the next silver results. WCE has been too quiet.

It Will Be  Extremely Pleasant for the People Who are Long Silver

https://www.youtube.com/watch?v=07Fk5t71Gzw

We are going to have to visit our silver mine once SP is in the pennies.

On the "Alien commences Silver and Precious Metals Exploration at Pinderi Hills, Australia" RNS in Oct last year, it stated:

"This work is now complete, and the Company is advancing towards its goal of identifying a significant new precious metals discovery at Pinderi Hills."

The GGP of silver?

We are now about to get some serious non-dilutive value creation for UFO!

WCE have been quiet on Twitter for 1 week now whilst SP has gone up. This is actually getting very, very exciting.

Silver on fire and we've only had 2 out of 12 diamond drill results so far. OMG, this is going to be insane.

"0.18p by end of the month.

Nice bull flag around 0.14p.

We’ve had 3 RSI rebounds.

This looks like a coiled spring in terms of the upside!!"

Listen from 4:25mins:

https://x.com/ZaksTradersCafe/status/1955199835318976769

WCE officially closed up today at $0.185 +8.823%

https://www.asx.com.au/markets/company/WCE

WCE's implied value to UFO is now £15M GBP.

So currently less than zero valued for Hanc0ck & the very rare Munni Munni PGM & Gold project.

UFO is ridiculously undervalued.

🇨🇳#CHINA'S BEIJING ADJUSTS HOUSING PURCHASE RESTRICTIONS - CCTV

BEIJING: ELIGIBLE HOUSEHOLDS OUTSIDE FIFTH RING NO LONGER RESTRICTED ON NUMBER OF HOME PURCHASES FROM AUGUST 9

BEIJING LOWERS MINIMUM DOWN PAYMENT RATIO FOR SECOND HOMES UNDER HOUSING PROVIDENT FUND LOANS TO NO LESS THAN 30%

CHINA'S BEIJING RAISES MAXIMUM HOUSING PROVIDENT FUND LOAN FOR SECOND HOMES FROM 600,000 YUAN TO 1 MILLION YUAN

https://x.com/Sino_Market/status/1953775873053847939

China’s Steel Demand Lifts Iron Ore While Miners Play It Safe

https://finimize.com/content/chinas-steel-demand-lifts-iron-ore-while-miners-play-it-safe

Iron ore majors are reducing dividends to fund new capacity.

Rio is gearing up for a $13 billion iron ore expansion in Australia.

Anticipation of Supply Crunch.

The majors are facing huge depletion.

Hopefully people will have time to digest Next Investors note over the weekend. Lots of great info:

Our WCE Big Bet:

“WCE re-rates to a market cap of $300M by bringing the Elizabeth Hill mine back online OR making a new discovery that is as big (if not bigger) than Elizabeth Hill into a strong macro silver theme.”

That gives UFO's 30% free carried direct interest a valuation of $128M!

Plus add 30.5M WCE shares (UFO is WCE's largest shareholder).

Today Next Investors announced WCE as its newest portfolio addition

In their initial note they stated:

"We think silver is going to continue its run to new highs.

Which is why today, we are adding West Coast Silver (ASX:WCE) to our Portfolio.

WCE’s project was one of the highest grade silver mines to ever produce in Australia - the Elizabeth Hill Mine.

It was also where the biggest native silver nugget in Australia was found - the 145kg Karratha Queen (we saw it in real life at the Perth Mint earlier this year):"

Read their full not via the link below

https://nextinvestors.com/articles/our-new-portfolio-addition-west-coast-silver-asxwce/

WCE just got "Response to ASX Price Query"

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02976713-6A1277579&v=4a466cc3f899e00730cfbfcd5ab8940c41f474b6

Massive volume today also. Institutional buyers must be coming in.

Well there is no better speculative investment than a silver junior play during a silver bull market.

WCE posted on Linkedin: "Thanks to the team at Stockhead for taking the time to listen and chat through our amazing silver story"

Very exciting with proper systematic exploration & breakthroughs at EH.

But also look Hanc0ck's neighbour Brockman Mining who own 50% of the Sirius deposit. They are up 77% in the past 2 weeks!

Be nice to get a corporate transaction of some sort on Hanc0ck (which holds the keys to direct access to the Great Northern Highway).

BHP Access Agreement executed.

At $0.140 WCE's implied value to UFO is £11.4M GBP and UFO's whole market cap is £10.4M!

That's less than ZERO for Hanc0ck & the very rare Munni Munni PGM & Gold project.

UFO is ridiculously undervalued.

A years-long supply crunch in platinum has come to a head, with banks scrambling for dwindling stocks in London as buyers in China and the US secure much of the available metal

https://x.com/business/status/1952966604339257666

US ISM Services PMI = 50.1, below the expected 51.5. Rate cuts are coming 🚀

🚨 @AlienMetals' JV partner @WCSilver has identified multiple near-mine targets at Elizabeth Hill.

🔎 Focus: open-pittable, shallow, high-grade silver

🚀 Geological Mapping followed by a drill campaign of priority targets.

https://x.com/AlienMetals/status/1952713529141633302