Member Info for Max111

https://mcusercontent.com/d9ebd7c1aa0f3dbc5fab42eca/files/504c6d43-8e6a-49cc-d46f-c1af16495ce8/AlienMetals_22_9_2021_FINAL_BG.01.pdf

https://www.youtube.com/watch?v=EtHC0QzgvjM

Sorry, I keep making typos, *the est target for the whole of Hanc0ck was 5-15M tonnes.
So amazing start for 1st JORC at Hanc0ck. Now about to start in-fill drilling for 2nd JORC at Hanc0ck.

*exploration target for Hanc0ck will now be revised significantly upwards :)

@Uforus27, the est target for the whole of Hanc0ck was 5-10M tonnes.
I was praying for 10M (for initial JORC), but would have even been happy with 5M.

Main thin is as Bill said before, "Tens of kilometres that are completely untested. Much bigger potential. Bigger than what we have already defined and found!”

So our Resource Estimate for Hanc0ck will now be revised significantly upwards :)

*7.5M shares

Now we know why UFO's SP went up 8% on 16th & 8% on 17th September:
"The Mineral Resource Statement has an effective date of 16 September 2021."

AIM is very leaky. Someone bought 7.5 shares @0.86p (10% over ask at the time).

SP dropped 8% on Monday due to silver & iron ore being down (which are now going back up).
Looking forward to a nice rise now :)

Alien Metals announces maiden Inferred iron ore Resource in excess of 10Mt at 60.4% Fe :)

https://www.rns-pdf.londonstockexchange.com/rns/5175M_1-2021-9-21.pdf

Yes with the $32 Trillion that has been printed globally since the beginning of the pandemic (34% of global GDP!) and is starting to filter through, there is just too much currency and not enough goods, so prices of real goods/commodities will continue to get bid up.

The FOMC statement is at 7pm (UK time) tomorrow.
Followed by J Powell's news conference at 7:30pm.
Bound to be dovish IMO.

We are surrounded by the majors.

Rio Tinto's unit cost as stated in RNS 16/07/2021 is now $18.0-$18.5 per tonne (previously $16.7-17.7).

BHP’s unit cost is under $15/tonne as stated in their RNS 17/08/21.

The majors have spent very little on future production since last boom of 2011.

Also Bill mentioned the option of getting a large cheque after JORC.
The main Sirius Deposit to the East of our Sirius Extension is owned by Brockman Mining and Hanc0ck Prospecting is to the north of our Sirius Extension.

Globally, $32 Trillion dollars has been created since the beginning of the pandemic and will start filtering through https://video.foxbusiness.com/v/6271764120001#sp=show-clips
Plus many more Trillions will be printed soon focusing on infrastructure.
If there is a steel shortage now, just wait until the infrastructure stimulus comes through!
Need to get out of cash now and invest in commodities that can't be printed.

@stevomining. The causes of the spot price of Iron Ore falling are temporary:
China's temporary clampdown on steel production to reduce pollution and Evergrande requiring debt restructure.
However we have high-grade DSO (which is what they are after - least polluting) and the increase in middle class in Asia is expected to increase from 2Billion to 3.5Billion by 2030.

BTW, when do you think we will be selling our DSO Iron Ore? Just around the time when Trillions of infrastructure stimulus will start coming online right?
And good luck with the coup you want to organise! Better luck doing it in Guinea.

Myavian, what a bitter non-shareholding deramper you are! There was no placing in February this year and there is no chance of one at this SP when significant re-rating news is due and especially when there is plenty of cash in the bank for our planned exploration.
Also a placing is not necessarily a bad thing. Eg Sept last year there was a placing and the SP multi-bagged the month after.

Also if you are paying attention to the trades, there is nothing to suggest a placing.
A buy signal has now been generated for UFO. Huge bullish trend is now building up. UFO crossed it's 10-Day Moving Average, 20-Day Moving Average and very importantly it's 50-Day Moving Average!

You missed the accumulation phase to buy the hell out of the stock when it was unloved, but don't worry it has yet to cross it's 200-Day Moving Average of 1p, and that's when the fireworks will start (which wont' take too long IMO).
The assets are ace and can't get any better when you own the highest grade silver mine in Australia which is proving to have very high-grade copper and nickel and is part of a much larger system. Plus millions of tons of high-grade Direct Shipping Ore sitting at surface!
Won't be too long until UFO attracts JV partners, which is why someone just bought out all available shares at a 10% premium (hence the rise).

@Wolfy 08:59am = 7,487,333 shares bought @0.86p (10% over price at the time).

I guess you still haven't bought back in. Let us know when you buy back in. Bye for now.

The 7.5M buyer is just the first whale who has seen something. Plenty more to come.
Elizabeth Hill, Munni Munni North and Hamersley are all incredible assets in an excellent jurisdiction and we are bring them up the value curve.
Won't be too long before we get JV interest IMO.

How long are they going to keep this at NT? Someone has already bought all the shares available at 0.86p.

Yes BB. Seeing how eager someone has been to get in since yesterday (especially when silver was down 5%) and is now paying a large premium, I think we are likely to see a move similar to October last year, but this time when we break 3p there is no resistance to 7p!

I can see it on the ADVFN app at 08:59am = 7,487,333 shares @0.86p!

7.4M buy @0.86p is all I need to know!