Member Info for Max111

@Tangodog. AV said that before he said they company have now decided to go via JV route.

Therefore, it's not UFO that will be constructing the haul road, it will be JV partner and JV deal will be signed soon.

"China is poised to cut interest rates on more than $5 trillion of outstanding mortgages as early as this month, sources say"

https://x.com/economics/status/1834152432395243601

This is very bullish news for iron ore.

PGM metals in Global Innovation and Sustainability

https://x.com/Directors Talk/status/1834147695281537446

Putin says Russia should consider restricting exports of uranium, titanium and nickel

https://x.com/ReutersCommods/status/1833882643139633392

"...not only of the goods I have named but also of some others"

Russia is the world's largest supplier of Palladium.

Palladium is currently up 3.4%.

Munni Munni is going to get developed very soon since it is in Tier1 Australia with Mining Lease.

Looking forward to Rob Mosig's JV partner he is bringing in next month :))))

UFO is ridiculously cheap!

91% of global power capacity additions came from wind & solar

https://x.com/wef/status/1833411429669470332

Long way to net-zero!

Just a 2MW windmill requires 260 tons of steel!

Solar panel = 20g silver

Not yet but they are targeting October as per page 7:

https://www.alienmetals.uk/wp-content/uploads/August-2024-UFO-corporate-slide-deck.pdf

Should have got developed before, but now it's the first time in 30 years that Munni Munni & Elizabeth Hill projects have been consolidated into a single coherent tenement, under 100% ownership.

No more legal disputed which dated back decades.

Plus West can now no longer rely on PGMs from Russia & S.Africa.

In situ JORC $2.6bn resource all open at depth & along strike with only 20% of superficial area defined.

UFO really is cheap as chips at the moment.

Https://www.bloomberg.com/news/articles/2024-09-10/platinum-set-for-record-deficit-but-prices-yet-to-recover

"The platinum market is expected to see its biggest annual deficit in at least a decade"

Thankfully we own 1 of Australia's largest globally significant platinum deposits with very importantly (unlike other projects) access to infrastructure, grid power & Mining Lease.

Looking forward to seeing who Rob Mosig will bring in as a JV partner this time.

In a silver bull market Elizabeth Hill on it's own is worth multiples of current market cap.

All sitting there ready to take the lid off. Exceptionally rare gem with access to infrastructure, grid power & Mining Lease.

"#ufo #alienmetals #ironore #han****

alien metals is on the verge of signing a transformative deal over the han**** iron ore project

jorc resource for 8.4mt @ 60.20% fe

au$28 million capex requirement

opex all in us$85/t

pre-tax npv of au$146 million

pre-tax irr of 133%

ready?"

https://x.com/that_stocks_guy/status/1833137627404304395

The Royal Mint have now sold out of 500g silver bullion bars & Limited Stock on Monster Boxes.

News on our Tier1 Australia's highest-grade silver mine soon :)

Key Tech Breakthroughs Boost China's Hydrogen Energy Industry:

https://www.youtube.com/watch?v=FTG_XhVFXEM

▪️New liquified hydrogen storage tanks = x3 storage

= x3 the range for FCEVs!

▪️Growing to ¥4.6 Trillion industry

All relies on platinum which China doesn't have!

Thankfully we own 1 of Australia's largest globally significant platinum deposits, with very importantly access to infrastructure, grid power & Mining Lease.

Iron ore just closed up on DCE China trade at 685 Yuan (US$96.32/t).

Crude oil being lower does add to the bottom line though since it's Hanc0ck's main cost until they switch to a battery fleet (which Regroup said they are committed to in RNS).

I hope Chalice (which were worth $3bn last year) can get a Mining Lease when they are sitting on a State Conservation Park and Historic Pilgrim Trail:

https://www.hikewest.org.au/wp-content/uploads/2020/04/Julimar-ChaliceGoldMines-disctenement-updateMar2020-redn.png

https://www.change.org/p/the-government-of-western-australia-prevent-the-exploitation-and-destruction-of-julimar-state-forest-in-wa-by-chalice-mining

Both $RRL Regis Resources + $SVL Silver Mines project in NSW got rejected recently.

Thankfully, we have Mining Lease in place at Elizabeth Hill & Munni Munni in the Pilbara.

They will come into prime focus soon.

*180km2

@5x5Croire, That's always been the plan. Set up base camp at Elizabeth Hill (which they have actually done) and explore & expand resources across 180m2 Pinder Hills.

Problem was that after #silversqueeze, silver was hated. Now silver starting to become loved again.

@Steveiom. Why placing when you can get free-carried.

JV for Hanc0ck this month & JV for Pinderi Hills next month.

Page 7: https://www.alienmetals.uk/wp-content/uploads/August-2024-UFO-corporate-slide-deck.pdf

I have a feeling we will find out next week that the non-lithium data (Silver, Gold, PGMs, Nickel & Copper) will be very valuable info for UFO.

Large buys coming through.

@Bishop, are you buying back in yet?

SteveNoMining used to post under user name Pops1980, but then got banned. He still won't say why he got banned.

I remember during Covid when he was invested in RMS (company trying to manufacture face masks) he used to say he was an A&E doctor with contacts in the NHS which made him an authority on face masks! Lol.

You got to love this BB! :))

This is why they are going via JV route rather than going it alone. "Maybe we should share it"

How are silver prices today?