Member Info for Max111

https://twitter.com/AlienMetals/status/1326153295161925632

With a $US3-4 billion Iron Ore order from the Chinese, Fortescue will have to shore up its reserves.

How convenient we are right next door to them :)

Also the last RNS update was 13 days ago. We normally get RNS updates much more frequently, so I would be very surprised if we didn't get a 7am RNS tomorrow.
Only time will tell.

Bill and the Financial PR team are very good with keeping the news flow going. If there are any delays in the results coming this week, Bill will normally fill the gap with an interview or something.

With 6 projects, there is bound to be news coming soon :)

It should be this week since the last sentence of RNS 29/10/20 stated:
"Alien Metals looks forward to reporting the full results and interpretations and associated next stage plans once received in the coming couple of weeks."

Also it's important to note the M&A update stated:
"The Company will continue its efforts in exploring and developing the projects and simultaneously consider third party funding options to develop and mining the projects minimising dilution to shareholders."

So maybe we can get 3rd Party funding to buy out the remaining 49% stake of Hamersley.
Now that it has been de-risked with the official assay results due to be released this week, the banks will probably see it as a no brainer.

Also when we get the 3rd Party funders onboard, we won't have to worry about the day-to-day fluctuations that rouge traders can cause to the SP.
We can then ignore the trolls! :)

Actually, I found having the chat function off was a blessing.

I managed to read through the company presentation thoroughly at last. Also went through all my paperwork that had had been piling up, instead of battling trolls who try to bash the SP down!

I think it's best to be able to post things when market is closed and people can then do their own research, discuss and make an informed decision.

Since Fortescue ($39B Mkt Cap) is next to Hamersley, and they have $3-4 billion Iron Ore order, they might even want to buy us out.

Our Mkt Cap of £44M is ridiculously cheap!

Take advantage of the market rout and keep accumulating if you can.

When we get the JV news regarding, Hamersley, Elizabeth Hill and San Celso & Los Campos we will be a completely different company! Amazing times ahead. Not long now :)

Definitely Oil.

- Donovan 2 is done.

- x2 Mexican silver projects, San Celso & Los Campos are currently being marketed by IBK Capital.

- Hammersley & Elizabeth Hill are currently in JV discussions.

A huge re-rate is imminent.
Retail investors are missing it and just need patience.
Our huge pay day will come. I have absolutely no doubt. GLA

M&A update 26/10/20 RNS stated:
"Discussions have already commenced with third parties with a view to joint venture and earn-in into the newly acquired exploration licences."

What are the newly acquired exploration licences?
Page 25 of Alien’s Presentation refers to the newly acquired projects as Elizabeth Hill & Hamersley:
“newly acquired silver and iron ore projects in Western Australia.”
alienmetals.uk/assets/docs/September%202020%20Alien%20Metals%20Presentation%20Final-20200908145754.pdf

Page 18 of the presentation stated:
Hamersley is “Surrounded by major mines including Rio, BHP, Fortescue and Han**** Prospecting.”

This afternoon, Alien Metals tweeted:
twitter.com/AlienMetals/status/1326153295161925632
“Fortescue signs around $US3bn worth of Chinese agreements - Read Below”
australianmining.com.au/news/fortescue-signs-around-us3bn-worth-of-chinese-agreements/#disqus_thread
“The 12 memoranda of understanding (MoU) are valued at around $US3-4 billion.”
“Fortescue signed an MoU for supply and procurement of its iron ore with long-term partner and major shareholder Hunan Valin Iron & Steel Group Co.”

The Chinese are buying Iron Ore in the billions of dollars for their Belt & Road and construction needs.

RNS 29/10/20 stated Hamersley has, “very high-grade DSO level iron ore in significant volume.”

Since Fortescue ($39B Mkt Cap) is next to us, and they have $US3-4 billion Iron Ore order with the Chinese, I wouldn’t be surprised if they are in discussions with us regarding a JV.

The rough calculations that EWT98 & OTP have done show us the phenomenal SP rise potential with Hamersley alone!

Silver is ridiculously cheap.
At a Gold Silver Ratio of 15 to 1, silver should currently be trading at $125.

Keep stacking silver coins & UFO shares.

We all know where the prices are headed. GLA

Lol. Mapp, as Eminem said:

Look
If you had
One shot
Or one opportunity
To seize everything you ever wanted
In one moment
Would you capture it
Or just let it slip?

We all know where the price of silver will go with the Clean energy stimulus, Solar, EVs, 5G etc. when the silver market is so tight = > triple digits silver! :)

DYOR & GL mate.

I agree with Sjm321.

When my trading account was working, I couldn't get quotes for large number of shares.

UFO will re-rate and move up fast once the Hamersley RNS drops and as we get further M&A Updates.

Fortune favours the brave.

Use it as a wonderful buying opportunity.

"QE just stopped potentially" lol

Bear in mind the spread on its own is 10%.

"pm bull run has stopped" ???

The vaccine doesn't cure our debt and stop QE infinity.

Even if there was no virus, we would still have a PM bull run.

The only thing the central banks can do is to print. No way out.

With the media called Biden victory, PMs were about to rip, and the dollar was about to tank, but they kept the vaccine news until just before the US markets reopened?!

At least today's price action has tested our mettle (metals!) and proven our strong support level.

Onwards & upwards :)

There is actually a strong correlation with UFO’s SP and the price of silver.
Eg we went from a low of 25p (Dec 2008) to 535p (Dec 2010) = 21x on pure speculation and price of spot silver.
We become one of AIM’s darlings in 2010 and we weren’t mining anything!

Also according to the Daily Mail, the last catalyst for UFOs SP rise was the silver price:
“Silver price providing the catalyst – this and a greater investor appreciation of the true potential of Alien's Elizabeth Hill project in Western Australia.”

Now that we are breaking $26 silver, we will then head to retest $30 silver.

Junior miners give you maximum leverage on the price of silver.

UFO gives you the biggest silver bang for your buck on AIM due to our 3 confirmed high-grade silver projects that are currently being marketed (EH is currently in JV discussions).

If the markets as well as the media call a Biden victory (which I’m guessing they will), we will see the silver price surge next week since it’s such a tight market.

According to the Daily Mail, the last catalyst for UFOs SP rise was silver:
“Silver price providing the catalyst – this and a greater investor appreciation of the true potential of Alien's Elizabeth Hill project in Western Australia.”

Good point Forrest.

It's a good thing we are the best junior silver play on AIM with 3 confirmed high-grade silver projects that are currently being marketed.
I can see them being snapped up very quick!