Member Info for Max111

Now that Turner Pope have issued their SOTP valuation, it is actually very easy to work out UFO. Eg if we hit our est target for Hamersley (Hanc ock & Brockman) following results from drilling (which TP previously said we might actually exceed the target) then we will get a valuation of 6.5p/share once the discount factor is reduced to 60%.
Then add to the SP the resource amount you would expect to achieve from: Donovan 2, Elizabeth Hill, San Celso, Los Campos, Greenland and Munni Munni North.
Simple as that.
Still to the fundamentals and be patient as we advance our projects over the course of this year.

Some people get investing all wrong. When people lack patience they keep rainbow chasing and keep selling at the low and buying at the spike.

Did you read the RNS Hotelbed?
"This year's event will be entirely virtual"

You can see Alien Metals listed at the bottom of the page:
https://swissmininginstitute.ch/program/

The RNS said we will be showcasing our exciting projects.
There will be 400 Asset Managers, Fund Managers and other Professional Investors there.

Attendance at Swiss Mining Institute
https://www.londonstockexchange.com/news-article/UFO/attendance-at-swiss-mining-institute/14906155

I love it when I see posts like this. This is exactly the time to buy, not when someone posts BOOM!
Good luck with investing Willow.

Alasdair Macleod @MacleodFinance:
BUCKLE UP: Silver Is About To Skyrocket!
https://twitter.com/MacleodFinance/status/1372467528983797761

Michael Oliver gave an interview yesterday with Chris Marcus of Arcadia and said silver will spike to $200 in the next year or two. He was spot on with his silver call last year.

It's the Bank of England's turn this morning with their MPC rate decision.
No chance of them tightening either.
The central banks have made it clear that they will inflate away the trillions of debt. No way out.
This means a secular bull market in metals.
UFO is now very well placed to benefit from the metals bull market as our projects come on stream.

Yes getting very exciting 944T :) Also the non-exec director is no dummy. If he is happy to buy 5M shares @1.25p/share that is a very strong positive indicator. It's going to be a great year for all investors.

That's awesome 944T. IMO you've timed it perfectly well before people take positions before the news flow and Patrick Karim's call that silver will start to break out end of Q1 and hit it's ATH in Q2.

livestock, the warrants are stated on the company website and are priced in. You should be using the fully diluted Issued Share Capital and expect the warrants to be exercised over the course of this year. It's not a case of screwing the shareholders over. The placing holders funded the company last year when it was very risky to do so.
Now the company has been de-risk with one JV and is in the process of proving up its resources and hopefully signing JV's for 6 other projects.

silverhorse, 42M shares @£0.003 is £126,000 cash for UFO, not £12,600.

Also bare in mind the placing + warrants fund raises were before Bill became CEO.

silverhorse, if warrants put you off, then you wouldn't have made any money on GGP or UFO last year. Maybe stick to putting your money in the bank for 0.10% and then experience massive inflation. GL

As at 28 January 2021 the Company’s capital structure consists of:
202,247,000 exercisable at £0.0015 expiring 31 January 2022
15,712,065 exercisable at £0.0025 expiring 31 March 2022
66,666,666 exercisable at £0.0019 expiring 19 March 2022
42,499,999 exercisable at £0.003 expiring 10 March 2022
11,208,125 exercisable at £0.0015 expiring 18 May 2023
2,625,000 exercisable at £0.0012 expiring 18 May 2023
12,000,000 exercisable at £0.006 expiring 11 September 2023

Total = 352,958,855

The placing holders sell their placing shares and hold on to the warrants as a form of cheap options. The expiry is next year so there is no rush for them to exercise them.
352M sounds like a lot, but we had 363M warrants exercised last year between 2nd Sept - 15th Dec.
247M of them were exercised and sold before the big spike.
Warrants were exercised during GGP's big rise.
Also to put into context, we had over 600M shares traded in just 3 days during the silver squeeze move.
The warrants will also bring in more cash for the company and delays the next placing a bit further when it is thus less dilution because the SP should be higher.

Hopefully on the next placing, Sprott invests! They were the largest shareholder of Arian Silver at one point.
Once we advance on Elizabeth Hill, which has excellent high-grade silver, I think there is a good chance Sprott will come back. Fingers crossed!

In the first placing last year, 1 warrant was issued with every 3 placing shares.
In the second placing last year, 1 warrant was issued with every 2 placing shares.

Since then no warrants have been issued with placings since our terms of credit have substantially improved.

During the first 2 placings last year warrants were issued with the placing shares.

https://www.londonstockexchange.com/news-article/UFO/exercise-of-warrants-and-issue-of-equity/14902677

It's only 2,222,222 shares which equals to £23,333.
UFO gets £6,666 in the bank for issuing them, so more cash for us.
They will become effective on or around 23 March 2021, but since only a small amount, won't have any real impact on the SP.

I just worked out that once Turner Pope reduce Hamersley's discount factor from 80% to 60% as they have done with Elizabeth Hill, then the total Upside Valuation when using the correct est target of 245M at Hamersley is = £221,620,000. This equates to 6.5p/share.
Also no copper & gold is factored into TP's downside valuation at all. Very much looking forward to Donovan 2's drill results as well.