Member Info for Max111

You deserve an Oscar for that! Brilliant!
Much better than the meme videos on Twitter.
Got to get that going viral!

ROFL!!!!!!!!!!!!!!!!!

Also they were planning to drill 4, possibly 5 targets. Hopefully they have now drilled all 5.
Turner Pope have only factored in 5M tonnes of Iron Ore at Hanc ock Ranges for our downside valuation.
TP haves said they will revalue Alien as we progress each project.
Also they have put a very aggressive 80% discount factor on Hamersley. They will then reduce the discount factor once we advance it to resource estimate stage.

Hi iPhoneiTrade. I think the torrential rain and flooding in Western Australia caused a delay in drilling. It has caused delays with all miners in the region. The drilling was completed last week, so the samples are all now currently in the lab with https://www.intertek.com/minerals/assay/

Turner Pope have issued their new SOTP valuation for UFO:
https://mcusercontent.com/d9ebd7c1aa0f3dbc5fab42eca/files/fa71d1c4-9a35-43c4-a9e8-8f4c7724f786/AlienMetals_Outlook_25.02.2021.pdf

They have put a minimum downside valuation of £41.5M and the current Mkt Cap is £35M. Therefore, UFO is undervalued.

Alien Metals' projects worth up to double market cap, suggests broker
https://www.proactiveinvestors.co.uk/companies/news/942312/alien-metals--projects-worth-up-to-double-market-cap-suggests-broker-942312.html

Turner Pope’s upside valuation make UFO’s projects worth up to double, but in fact it should be up to triple since they should have used what they stated as the high case tonnes of 245M of Iron Ore (not 150).
Therefore:
245,000,000 x 0.5 Fe = 122,500,000
x£8/t = £980,000,000
x0.2 (to discount 80%) = £196,000,000
x0.51 (our share – 49% Windfield) = £99,960,000
The upside value of Hamersley is considerably higher than what they have entered of £61.2M.
This means there is much more potential.

The SOTP Upside Valuation of UFO should be £121,660,000 not £82.9M.
This makes it worth up to triple, not double!

Also they are not factoring many things I have posted before also nothing about Munni Munni North is factored in. So really looking forward to seeing the Air Mag Survey.

Plus if we get a proper silver bull run, then all bets are off. Eg from 1962-1968, the average penny silver stock moved upwards over 150 times in price.

Hi Randy. Welcome to the BB.
I've seen it as ASLRF on OTC:
https://uk.tradingview.com/symbols/OTC-ASLRF/

But I don't know how the US market works.

Maybe someone else on this BB can help?
Hopefully finally get the results soon :)

Yes I think so. Also it's now been 6 weeks since the director dealings, so I'm guessing they are ready to start releasing some meaningful news soon also.

Wow, just as I posted that, it ticked up :)

I love it Paul!

I find it interesting when people say you can only miss "10% increase tops" when we have seen UFO go from 1p to 3p within a week. This is AIM. No one can predict.

I had to listen to this interview twice!
A must listen for anyone invested in the silver space.

Only 2 weeks until end of Q1 and Q2 starting!

"Patrick Karim of http://badcharts.com? says silver is looking strong and could break out within months to all-time highs."

Looking forward to $50/oz silver. The silver market is tiny. UFO as the best junior silver play on LSE will go mental.

Both Goldman Sachs and Citi are forecasting silver going to $40 this year.

Physical is currently being drained from COMEX, LBMA and SLV.

Biden is now printing $1.9 Trillion and set to print many trillions more this year. Plus $2 Trillion on clean energy over the next 4 years.

We are running at over 300M oz/year silver mining deficit.

Myavian. I believe you said you have over 1M shares averaging 1.3p?

Hi Steve. I think the torrential rain and flooding in Western Australia has caused a delay in the drilling. It has caused delays for all other miners in the region.
I think they have the Air Mag results in already and are in the process of interpreting them since at the last interview Bill said with regards to Munni Munni North "looking on a daily basis more interesting and exciting."

Hi matstar, the buys are showing as sell since the are below the mid of the bid-ask spread. The ones at 1.0195 are buys.
There are 2 delayed buys from Friday:
12-Mar-21 14:58:06 1.016 2,552,160 Sell* 1.00 1.05 25.93k O
12-Mar-21 08:52:57 1.0345 2,328,755 Buy* 1.00 1.05 24.09k O
They are actually tagged correctly. They cancel each other out.

IMO the placing churn is done. Just waiting for news. Air Mag results out mid March.
It held up well today. 0% change in price.

Hi mattcwest. Sorry you made a loss on Arian Silver. I think that must have been during the time when they lost the San Jose mine to the creditors Quintana. Back then the breakeven for the mine was over $14, and the price of silver was $14. They ran out of working capital. The San Jose mine wasn't a primary silver deposit. I thinks it had zinc also which was why the cost of production was higher. Also the CEO Jim Williams was hoping for the price of silver to increase, but it was suppressed. They shouldn't have run their finances so tight. I think they had another project which they could have sold off to keep the mine running for a bit longer. Massive shame since it was so much hard work for them to get that mine up & running.

Alien Metals is completely different now. Well managed and well funded with c.£4M cash in the bank. 5 fantastic high-grade deposits. 3 of them are primary high-grade silver mines.
Also we now have the bull market in our favour which makes all the projects highly profitable.

FYI, North American markets now open at 1:30pm instead of 2:30pm due to Daylight Saving Time.
Our clocks go forward on 28th March so will catch up in 2 weeks.

It's good to note that the Fed have their FOMC meeting tomorrow and will announce their rate decision on Wednesday. We might possibly get some news on YCC - Yield Curve Control.
I can't see them tightening when businesses and people are suffering.
Biden is already planning to print trillions more.
There is only only one outcome to all the trillions in money printing => very high to hyperinflation.

Hey 2020Upside. No, I don't have L2, never used it.
If you want to day trade, then I think it is necessary.
Personally, I only invest on fundaments.

Nice one on buying physical. We are getting closer and closer.

Alien's exclusivity agreement to acquire the Elizabeth Hill Silver Tailings Project covered by @MiningNewsNet.
Read the full article here: $UFO #Silver #Australia
https://twitter.com/AlienMetals/status/1371404409339588611