RE: Back to 1p with JV incoming. Company making moment incoming.8 Aug 2024 13:30
@tradedesk, It's on p.7 of the Near Term Catalysts timeline:
https://www.alienmetals.uk/wp-content/uploads/August-2024-UFO-corporate-slide-deck.pdf
They have been working on it for a while. Financial Results RNS back in May stated:
"Alien Metals engaged consultants to review the Munni Munni PGM project during the period with a view to potential joint venture funding to enable the project to progress. The project area contains a historic JORC 2004 compliant resource of 24 million tonnes @ 2.9 grams per tonne ("g/t") PGM and gold for 1.14 million ounces ('moz') palladium ('Pd'), 0.83 moz Pt ('platinum'), 152 thousand ounces ("koz") Au ("gold") and 76 koz Rh ("rhodium"). Potential exists for a much larger, high value, multi-commodity resource, many of which appear on critical mineral lists. Munni Munni represents one of the largest undeveloped primary PGM Resources in Australia. Alien Metals newly appointed Board member, Robert Mosig, has intimate knowledge of this project and will assist in development of plans to extract value."
Then they announced the Independent Review at Pinderi Hills with Dr. Jayson Meyers.
Rob Mosig previously brought in Lonmin Plc when he was the CEO of Helix Resources.
Here is demand now for non-South African, non-Russian Platinum and UFO has a globally significant deposit with infrastructure & very importantly Mining Lease in place.