Member Info for Max111

Yes i think so Picku. Out of all the share that people mention on this BB, EUA is the only one in blue today!

https://twitter.com/AlienMetals/status/1392773634033438721

We have some EUA investors that had invested in UFO and been waiting for EUA news.
There was an RNS yesterday evening for EUA and I think some people tried to get in, but from comments I read it was going to auction and they couldn't buy?

Looks like someone was very eager to get out this morning, probably to try to get in on anther share?
Well they are out now.
I just wish I had funds to buy now, below the placing price!

Silver is getting lively. Can they tamp it down today?! lol

The biggest producers of iron ore are the well-known mining behemoths, BHP (LON:BHP), Rio Tinto (LON:RIO), and Anglo American (LON:AAL). VALE (NYSE:VALE), the Brazilian champion is the fourth major player in this market.

At the more junior end, companies bringing on iron ore projects that could benefit are Alien Metals (LON:UFO), Zanaga Iron Ore Company (LON:ZOIC), Black Iron (TSE:BKI), and Anglesey Mining (LON:AEY).

https://www.proactiveinvestors.co.uk/companies/news/948952/five-reasons-the-iron-ore-price-is-so-high-948952.html

The biggest producers of iron ore are the well-known mining behemoths, BHP (LON:BHP), Rio Tinto (LON:RIO), and Anglo American (LON:AAL). VALE (NYSE:VALE), the Brazilian champion is the fourth major player in this market.

At the more junior end, companies bringing on iron ore projects that could benefit are Alien Metals (LON:UFO), Zanaga Iron Ore Company (LON:ZOIC), Black Iron (TSE:BKI), and Anglesey Mining (LON:AEY).

https://www.proactiveinvestors.co.uk/companies/news/948952/five-reasons-the-iron-ore-price-is-so-high-948952.html

The biggest producers of iron ore are the well-known mining behemoths, BHP (LON:BHP), Rio Tinto (LON:RIO), and Anglo American (LON:AAL). VALE (NYSE:VALE), the Brazilian champion is the fourth major player in this market.

At the more junior end, companies bringing on iron ore projects that could benefit are Alien Metals (LON:UFO), Zanaga Iron Ore Company (LON:ZOIC), Black Iron (TSE:BKI), and Anglesey Mining (LON:AEY).

https://www.proactiveinvestors.co.uk/companies/news/948952/five-reasons-the-iron-ore-price-is-so-high-948952.html

You are right Goingtomoonufo. I see a big rush into the silver space coming. Silver is a tiny market and UFO gives you maximum leverage on LSE.

Nice one Goingtomoonufo. When you said you were going to make an Alien Metals T-shirt, I thought you were joking. Then you came out with a video wearing it a couple weeks later!
You mentioned previously about using billboards. Wall Street Silver Group used the billboards on May Day which proved to be very effective.
Hopefully your creativity will inspire other shareholders ;)

I forgot to add in my calculation the increase in Iron Ore price that Turner Pope are looking to add.

Previously TP were valuing our Iron Ore in the ground at £8/t - 80% discount factor = just £1.6/tonne!!

When become a DSO producer, the upside is just incredible!

What really excites me is that in Turner Pope's previous SOTP valuation on UFO, they had put an uber aggressive discount factor on Hamersley of 80%, and now they said they are considering to reduce the discount factor to below 60%.
Using the correct high case est target of 245M tonnes (which TP previously said might have to be increased) with a discount factor of 60%, the SOTP valuation = 6.5p/share.

Once they reduce the aggressive 60% discount factor (which might be soon), then an upside valuation of over 10p/share is possible.
Then add the resources that are not factored in at all eg Platinum at Munni Munni North.
And if we become a DSO producer, then can go much higher and enter mid-tier territory.

Thanks for sharing this Arkonite. Looking very good :)

Looks like we are going to take out 1.20p today.
Big money will be coming in again IMO.

I always had a feeling that UFO will become a small producer of the DSO and JV the lower grades based on what Bill said in the webinar last December regarding mining ourselves:
“We will make sure are reviewing and looking at all the options to us that will give the maximum return to our investors.”

From December last year, iron ore started going above $130. Mining ourselves became very economically compelling.
Even if iron ore is selling for around $100/tonne, we could potentially still make more profit on it than any silver miner can make on mining silver (at current silver price).
At $200/tonne, then the profit margin is just incredible.

Then Bill started dropping more hints in other interviews.
But as Islandgirl said, it was always depended on the assay results.

Then they tweeted this about Fenix:
https://twitter.com/AlienMetals/status/1370312443805757440

Then recently there was the Proactive Investors Article mentioning cashflow coming in from DSO:
https://www.proactiveinvestors.co.uk/companies/news/948491/alien-metals-set-to-drill-into-australian-silver-and-iron-ore-projects-imminently-948491.html

Then in the Interim Drill results RNS it stated:
"The Company identifies the DSO grade beds a priority".

IMO they want to cash in on the high price of DSO Iron Ore ASAP.
This will fundamentally transform the company and will be the fastest route to Mid-Tier.

I need to take what you are taking Goingtomoonufo! I love it :)

Also another after close buy of 2M shares @1.20p just showed up.

Yes Paul, an after close buy of 1.8M @1.20p.
Still below the price the non-exec director paid @1.25p.
Looking forward to hitting Zak Mir's target of 2.5p, then Northstar's target of 7p.

Big rise in ETF silver holdings
Silver companies to watch include Alien Metals
https://www.proactiveinvestors.com/companies/news/948968/big-rise-in-etf-silver-holdings-948968.html

1.20p to sell. NT to buy. Market likes it!!! :)))