Member Info for Max111

*correction:
Using new SOTP Upside Valuation =
£121,660,000 / 3,423M shares = 3.55p

Yes definitely Wolfy. Looking very exciting.

Downside Valuation =
£41.5M / 3,423M shares = 1.21p (therefore we are currently undervalued as things stand).

Using new SOTP Upside Valuation =
£99.96M / 3,423M shares = 2.9p

There are so many thing they are not factoring in to the valuation, which is fair since they are not currently quantifiable, yet.
Eg in RNS 14/12/20 it stated, “old tailings which are understood to still contain significant silver”

EH surface resource and depth extension of high-grade mineralization below 100 metres untested.
Significant potential of secondary or third mineralised systems along strike from the discovered ore body.

Nothing about Munni Munni North is factored in.
All to play for!

The SOTP Upside Valuation should be £121,660,000 not £82.9M.
They have missed £38,760,000!

Hi Wolfy, the downside valuation for Hamersley is correct.
But for the upside valuation they should have used what they stated as the high case tonnes of 245 (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 is considerably higher than what they have entered as £61.2M.
This means there is much more potential.

Both Wents & myavian called it wrong last year before the big move up.
And both again were panicking investors to sell last month at 0.85p!
They are the resident de-rampers.
myavian is probably a spread better.

Exactly Pickuzawinnah. Also for Elizabeth Hill, we know there is at least 3M oz there since only extracted 1M oz out of the 4M.
But on the downside valuation they only factor in 1M oz.
Also not factoring any new targets at Munni Munni North which the Air Mag Survey will soon highlight.

Exactly Napth. Any positive news from now on is all gravy.

I noticed that too EWT. The theme I get from the research note is under promise and over deliver.
I am fairly happy with it as things stand at the moment. It at least gives us a baseline.
But as you mentioned their note on silver possibly finishing the year lower is an insult!

Our current Mkt Cap is 37M and the Downside Valuation is 41.5M, so this would suggest UFO is currently undervalued.

Alien Metals Limited Research Note
https://mcusercontent.com/d9ebd7c1aa0f3dbc5fab42eca/files/fa71d1c4-9a35-43c4-a9e8-8f4c7724f786/AlienMetals_Outlook_25.02.2021.pdf

Northstar just tweeted that the US Dollar has fallen below 90, but has a support line.
If the support line doesn't hold, PM's & commodities will surge.

If the surge happens during the news flow, it will be very interesting!

Silver was up in dollars & pounds today.
Currently just under $28/oz.

I don't think anyone said there will be a meltdown in the silver market today?
But we are winning the war against the bullion banks. Only a matter of time.

Copper is at it's highest price in over 9 years! = 4.32 up +3.36% today.
Iron Ore is $164/tonne.

If they don't own shares they must be doing Spread betting or CFD's.

myavian, what part of UTRS's post don't you agree with?

Thanks letting us know about the new fund launch StarBright.

I just followed the smallcap equity investment manager @amatiglobal and she just followed me back.
So hopefully they will be interested in adding UFO to their new fund?

I've heard Eric Sprott say on Sprott Money that his fund doesn't really invest in the juniors, but he himself invests with his personal account.

Interestingly Sprott used to own 17% of Arian Silver before:
https://www.stockmarketwire.com/article/4156598/Sprott-AM-increases-holdings-in-Arian-Silver.html

The key is to invest in a company before Sprott does, since it always causes the SP to jump and Alien will use it as a selling point to attract new investors.

Definitely Goingtomoonufo. I just listened to Michael Oliver who said silver will be at least $200/oz in the next couple years. He was spot on when I was following him with his silver call last year.

Gold $8-9k/oz or Higher in Next Two Years says Analyst Michael Oliver
20mins - https://www.youtube.com/watch?v=hf0ECFJlmZ4&t=1207s

Goingtomoonufo, I'm never buying chicken again! lol

Since price price ticked up, a large buy must have gone through.

Yes it was going to NT to buy for past 20mins at least. But can now buy again. But ticked up.