Member Info for Max111

As an investor or potential investor, you have to make your own determination on the resource estimate we will achieve.
Eg if we hit our est target of 245M tonnes of Iron Ore and Hamersley's discount factor gets reduced to 60%, then you are looking at a valuation of 6.5p/share.
Turner Pope previously said that since we have discovered several kilometres of BIF, it bodes well for us to achieve our estimated target of 245M tonnes and it could potentially be revised upwards following results from drilling.
Then have to do the same with each project.

If silver flies? IMO it's a certainty when looking at the supply & demand fundamentals and Biden planning to spend trillions more on stimulus with infrastructure focusing on investments in clean energy, 5G telecommunications and rural broadband.
Although we are not currently mining, people position themselves in the junior miners on breakouts in order to get maximum leverage.
Keith Neumeyer said it will lead to a 10 year bull market in silver since high-grade silver deposits are rare.

With regards to the Iron Ore, the new company presentation gives some really great info.
Also on page 4 it shows we have employed an Iron Ore Geologist and an Exploration Manager with over 25 years experience predominantly in Australia. It shows that Alien are very serious in exploiting the Iron Ore.

I don't see why we would slip since the 1p range has been support for the past 5 months and now we are too close to the results. Also our downside valuation is £41.5M.

Biden team preparing $3T in new spending: reports:
https://thehill.com/homenews/administration/544343-biden-team-preparing-3t-in-new-spending-report

Olier, read the TP's SOTP valuation. Our downside valuation is £41.5M. And that is not factoring in many things. Any positive news will add to our valuation.

Decent volume today. 36M shares traded. The weak hands got flushed. You need balls of Iron Ore to invest in AIM!
Stick to the fundamentals. Results & re-rate will come.

Shorters. Is this all you've got? LOL

Casa, it's interesting that you said you previously sold your 2M shares. Then last month you said you had 5M shares. Now you saying you have 7M shares.

Alien Metals exploration and development work proceeding apace on all fronts
https://www.proactiveinvestors.co.uk/companies/news/944457/alien-metals-exploration-and-development-work-proceeding-apace-on-all-fronts-944457.html

Well some people complain when we don't get an update and when we do people complain.
As per the title it's an "Update on exploration and forward planning".
I find it useful. The company is getting on with it.

Tons going on and results to follow.
I'm looking forward to see the Air Mag results - "excellent detail and potential targets from this ongoing work already evident."
Good to know "projected to be able to start at least San Celso in the next few weeks."

https://www.rns-pdf.londonstockexchange.com/rns/9453S_1-2021-3-21.pdf

Very true Happyhaddock.
After listening to the previous interview I can understand why people get annoyed due to a delay in results. But if you have done your research and listen carefully you will realise that Hanco ck Ranges is looking to become an excellent high-grade DSO deposit.
Previously the plan was to announce a maiden drilling programme at Brockman as soon as we finish drilling at Hanc ock. But in the interview, Bill has changed strategy. He said he is no longer going to just drill for the sake of drilling and spend money on the ground to show they are spending money.
They are now going to focus on Hanc ock Ranges and divert resources from Brockman to Hanc ock.
On the Hamersley Project we have a Geologist, a Field Assistant and an Exploration Manager which Bill said in a previous interview are Iron Ore focused. He previously said once we get the results, we will then look at what we’ve got and put our heads together and decide on the next phase of work. In the last interview he reiterated they will be hopefully planning the next stage at Hanc ock.

IMO Hanc ock Ranges is proving to have significantly more Iron Ore than our downside valuation of 5M tonnes. We already know Kalgan at Hanc ock has several kilometres of high-grade BIF ridge locations which is very easy to open pit mine.
I believe they will focus on it and complete a feasibility study.
They will then either plan to push ahead to mine the export grade DSO using contractors such as MACA Mining similar to Fenix Resources (which is why they Tweeted that article last week) to generate millions of dollars of income or JV if a larger player puts a good deal on the table.
Either way, we are in an incredibly strong position and are currently undervalued compared to our downside valuation.
For the patient investors, I can only expect multi-bags over the next 12 months.

I think we will get sampling results from the Nueva Andromeda Permit first. Then Air Mag results.
Hamersley drill results will be a while since he said just finalising that. But he did say "that's gone really well".

https://www.share-talk.com/bill-brodie-good-ceo-technical-director-of-alien-metals-ufo-l-interview-6/#gs.wlm0m5

It's good to know you are invested Wents.
IMO Bill is holding the RNS for the Swiss Mining Institute (SMI) conference since he is looking at the bigger picture of getting interest for JVs.
Hopefully we get an interview update today with ShareTalk today, but obviously he can't reveal much.

Chris2, what is your end of month price prediction?

"technical picture looks very promising"

"I’m betting on a bullish breakout given the company’s positive fundamentals, but we all know that nothing in the markets is guaranteed."

https://www.asktraders.com/analysis/alien-metals-shares-are-down-21-9-in-2021-and-appear-stuck-is-it-time-for-a-rally/

Hopefully we will get an interview update today:

@ShareTalkNews Looking to have Bill Brodie Good, CEO & Technical Director of @AlienMetals on the platform today #UFO Update to follow
https://twitter.com/ShareTalkNews/status/1372879760901206018

People keep underestimating GEO/CEO Bill. It is remarkable how far he has brought us so far by being able to prick winning projects. Last month the Times referred to us as a minnow, but as Bill said in the webinar, "Yes we are a junior, one day hopefully we will be a mid-tier or maybe even a major, everyone has to start somewhere."
Someone once said we are an embryo and in 9 months will be born and JV our projects. I believe he will be right.

Also Bill is great at playing his RNS cards.
He has been issuing an RNS during the previous mining conferences:
Eg at the start of the Mexico Mining Forum, he issued the RNS confirming our purchase of the Nueva Andromeda Permit.
During the PDAC Convention he issued the RNS about Elizabeth Hill Silver Tailings Project.
Now that Bill is a Speaker out of just a handful of companies at the Swiss Mining Institute 22-24th March, I bet he will issue an RNS on the Air Mag results then.

on https://www.vo xmarkets.co.uk/