Member Info for Max111

Also there are tailings at Los Campos that I am sure Alien will look into processing to generate near-term cashflow and further minimise dilution.
At current silver prices, it's very profitable and hopefully the price of silver will be much higher when we come to sell.

It's all about the of silver. The previous owners didn't bother with the tailings since the price of silver in 2000 when they stopped operations was $4/oz.
With the current silver price, the tailings become very profitable.
Personally, I am expecting silver prices to go significantly higher by end of year when we start selling the silver.

The Tailings are the residue of what they couldn't process before using their inefficient methods. There is significant amounts of high-grade silver there which is very easy for us to extract with leaching etc.

They are basically planning to use the cashflow from the high-grade tailings to self-fund exploration at EH & the 117km2 Munni Munni. Fantastic!

This is my favourtie part of RNS:
"We believe that the silver tailings project could generate near-term cashflow which could help underpin a range of exploration activities at Elizabeth Hill and the Munni Munni North project.”

Yes sorry, I posted that before reading the RNS. Ignore heading.
I should have put full title, "Alien enters into exclusivity agreement to acquire Silver Tailings Project at Elizabeth Hill"

https://www.rns-pdf.londonstockexchange.com/rns/6991R_1-2021-3-9.pdf

Hi Wents. The share is ready to explode. We are well funded and the placing churn is done. Just need a catalyst. IMHO the assay results will definitely do it.

SP just went up 2.38%.
https://www.londonstockexchange.com/stock/UFO/alien-metals-limited/company-page

Really looking forward to getting some news :)

That was a pre-market order. SP is shown at the top of this website = 0% change.
But silver is nearly 2% up which should mean SILJ and junior silver miners will do well today.
Sorry you won't get a pay out on your short position.

On ADVFN I can now see a buy going through @07:40am for 1.10p.

Not sure. Pre-order buys?

SP on Google showing up pre-open.

Chris2, why is it that every time I post, I trigger you?
My posts are backed up by facts and quotes.

Doug Casey explained his his book Crisis Investing that the average penny silver stock went up 150x in price between 1962 and 1968, when the price of silver merely doubled. In other words, a $1000 investment became $150,000.

40% of all US dollars in existence have been printed in the last 12 months! We will see a massive move in the silver juniors once silver breaks out above $30. No one can predict when (same as in PREM today). This is why I wouldn't risk being out the market for even 1 day.

Hi HH, I have a really good feeling about Hanc ock Ranges. That is where Kalgan is. At the webinar, this is what Bill said:
"Hamersley, looking really exciting. Incredibly underexplored. From recent work we have discovered Kalgan has a great amount of potential and we are very excited about this one. We are excited about all of them, but Kalgan is our number 1 priority drill target out of at least 5 we need to work up. So very exciting."

Also Kalgan has several kilometres of Branded Iron Formation (BIF) Ridge Locations.
The lab results from the sampling displayed excellent levels of DSO.
https://mcusercontent.com/d9ebd7c1aa0f3dbc5fab42eca/files/420ad11c-4a90-4c16-950a-3107dd1c5d22/AlienMetals_2_12_2020_FINAL_BG.01.pdf

Discovering DSO Iron Ore is better than discovering gold since it's so cheap to extract and only needs to be put through a mobile crushing machine.
This will transform UFO. I have no doubt.

Our minimum downside valuation is 1.21p/share.
Non-exec director was happy to pay 1.25p last month.
Placing churn completed.
Consolidation done & dusted.
Last month SP touched 1.6p.
Turner Pope have stated they will re-value as we advance each project and have only factored in 5M tonnes of Iron Ore for Hanc ock Ranges.
Re-rate coming.
No brainer at this price before results.

Yes Nap, people de-ramp when they want to get a lower entry.
And the old saying when someone gives you a tip: "Where there’s a tip, there’s a tap" ie they want to sell out the share they are tipping you to buy.

I stick to fundamentals and I expect UFO to multi-bag this year.

Wents, every time you try to panic people with your "Going under 1p soon" heading, the price soon goes back up.
Boyzer has sold. Good luck to him.
But people must be mad to sell before the news.

Excellent post Paul. I have a feeling that we will mine the Iron Ore ourselves and hope we do since it will be our quickest route to becoming a mid-tier and billion pound plus company.
It’s how Atlas Iron became a multi-billion dollar company, and they only started with a 20M tonne tenement.

These are the reasons why I think we will mine ourselves:

At the webinar Bill said, “We will make sure are reviewing and looking at all the options to us that will give the maximum return to our investors.”
- Mining ourselves will definitely give the maximum return, especially when Iron Ore is currently over $170/tonne!
28:50mins - https://www.youtube.com/watch?v=aEwsMmkqh2g

In this interview Bill said in 3-6months time we might decided if we have 100M tonnes of high-grade DSO Iron Ore we can chuck it into trucks and do it ourselves:
6min - https://www.share-talk.com/bill-brodie-good-ceo-technical-director-of-alien-metals-ufo-l-interview-3/#gs.vehsqr

In Australia we have a Geologist, a Field Assistant and an Exploration Manager. In this interview Bill said they are Iron Ore focused. He 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:
13:50mins - https://www.youtube.com/watch?v=uRcBVqYj4ZU

At Kalgan we actually have several kilometres of high-grade DSO BIF ridge locations which is very easy to mine.
So we might do the export grade DSO Iron Ore ourselves and leave the more difficult Iron Ore for a JV deal.
IMO, it would be a shame if we don't pick the low hanging fruit ourselves.

Or BHP, Rio or FMG who are on our boarder and looking over our shoulder might put a great deal on the table once we get the results. Only time will tell, but at current Iron Ore prices, we have great options and it’s looking very exciting indeed!

Well well well Boyzer. I was wondering why you hadn’t posted anything for over a week, when previously you used to post constantly on a daily basis.
You say, “I hold 5.2m shares and for the above reasons, I will be exiting.” But as an experienced trader, you are announcing your exit before you exit?!
I smell a rat.
No doubt you have already sold out this week and aim to buy back, hence your deramp.
Interestingly, there was someone else who said they had purchased 5M shares and came on this BB very gung-ho just like yourself and suddenly stopped posting at the same time you did.

You say there was no update regarding delay in assay results, but Bill gave an interview on the 1/3/21 explaining that it’s taking longer to do the physical work and get the results, but they are getting on with it.

With regards to the environmental drill permits for our 100%-owned high-grade silver mines in Mexico, we now have a full-time geologist who is chasing it up with the Ministry.
Our Donovan 2 permit took a very long time to obtain.

With regards to the mapping & sampling at Nueva Andromeda, our full-time geologist has just completed that, so it’s not delayed.

You say, “we have only had significant progress at Donovan 2”.
Maiden drilling progamme at Hamersley??? Hello?!
Big update coming soon. All miners in Australia have been delayed for assay results.

You are concerned about adding to our portfolio of assets, but making low-cost acquisitions that have good potential make the SP go up. The company strategy is to simultaneously advance multiple assets up the value curve. If you want to play small, chose a one-hole company.

You say, “This share is very clearly manipulated.” The manipulation comes from traders like yourself. That is exactly why my strategy is just to buy & hold and keep adding on the dips.

The Director buy is a key positive indicator.

Turner Pope are a joint broker. They have provided their SOTP valuation which shows UFO is undervalued. They have stated they will revalue UFO after Alien advances each project and will also adjust the exploration stage discount factor (which is currently a very aggressive 80% on Hamersley).
The other joint broker is First Equity who have maintained their buy rating on UFO.
Our re-rate will come as we advance the projects.

You say regarding Bill, “little action in the 3 months”. The last time the company did any drilling prior to our current maiden drilling programmes was back in 2017! Bill has transformed the company.
You say, “Got rid of a few like him over the years.” This goes to show you are a fool!

With regards to me you allege I am an insider!? You say, “I won't divulge the other aspect of what I have reviewed in order to not give away methods.” Please do divulge. I would really love to hear it!
But I am glad to hear you say I am “always factual”.

Good bye and hope people like you don’t come back.