Member Info for Max111

Regarding JV on Pinderi Hill. Charles Archer said in last interview, “They are probably going to wait to get the data back from the JV with ERW”.

"If you are going to do a JV for the iron ore at Hanc0ck, then that JV partner might be interested in EH & MM as well."

"If you have a JV partner for 1 asset, it tends to be the case that they will be interested in the next ones as well."

https://vimeo.com/988259316

Hopefully we will find out why Liz was happy to take shares at premium 0.20p.

IG UK Looking to go long silver:

https://www.youtube.com/watch?v=rlGi9XjJl_E

Last RNS update stated:

"The Errawarra joint venture exploration work will provide significant data for Alien as it continues to fast-track plans to develop the high-grade Elizabeth Hills Silver Mine."

Ed Miliband:

"Making it a central mission of this govt to reach green power by 2030"

https://x.com/energygovuk/status/1816765761651634479

All govts are now speeding up the energy transition.

Good to know that iron ore for the electrification of the world is needed 20x more than all other metals combined.

Have a nice weekend all.

And to the trolls, keep your light under a bushel :))

Keir Starmer:

"I want us to win the race for clean energy.

We have the people, the skills, the potential.

And now we have a mission-driven government to deliver it."

https://x.com/Keir_Starmer/status/1816536322900689148

Just a 2MW windmill contains 260 tons of steel!

All govts across the globe now in the race for clean energy.

"Dalian iron ore futures rebound with fresh stimulus from China"

https://x.com/Directors Talk/status/1816767379780829666

Lots of people just sitting on the sidelines and worried about being out.

On Sky News today:

CSIRO report highlights the potential of Australia's lithium industries

https://www.youtube.com/watch?v=HWW0ZUDTp7Q

Won't be long to find out why UFO was part of the Critical Minerals event at the Australian High Commission. GLA

"ASX Announcement: Quarterly Activities and Cash Flow Report. Read full announcement here https://wcsecure.weblink.com.au/pdf/ERW/02831131.pdf

#lithium #copper #nickel #REE #graphite #batterymetals #ASXmarket #exploration #ERW #pilbara #gascoyne"

https://x.com/errawarra/status/1816292270938988646

Interesting the use photos of Pinderi Hills for their Quarterly Activities tweet.

We will soon find out if they were wise or foolish to buy $500,000 of UFO shares at premium 0.20p.

At the end of the Sky News article they suggest mining the Earth's seas!

You can get a short flight from Perth to mining town Karratha and just drive up to Pinderi Hills! LOL

In this morning's Sky News:

What happens when the world's gold mines run dry?

"Gold prices are at an all-time high, but some analysts estimate this finite resource will run out in less than three decades."

https://news.sky.com/story/what-happens-when-the-worlds-gold-mines-run-dry-13183359

Good thing we have a JORC Resource which includes 152000oz of gold at Pinderi Hills (in situ value $366M) all open at depth & along strike.

5km thickness with 2km of ultramafic rocks fertile for gold.

Continuation of these reefs around the boundaries of the intrusion itself. A lot of this hasn’t been recognised before simple because of the ownership structure.

Now the whole region has been consolidated.

Also very importantly Pinderi Hills has infrastructure & Mining Lease.

Looking forward to the 1000 lab results and getting the iron ore up and going :)

@wolfie1501. Latest interview from Rob Mosig:

https://www.youtube.com/watch?v=y7RWh8q6oPY

“Right now we have iron ore and it’s imminent into production.”

"We are looking to extract the best possible deal from the iron ore whilst concurrently building up Pinderi Hills into a platinum & silver mine."

"The big #silver breakout level using the yearly time frame is 31-32. And it is now right up against that breakout level. The blue tightening arrow pattern means a breakout is a given. Means one of the most significant breakouts in history is incoming."

https://x.com/graddhybpc/status/1816028165271175462

"The big #silver breakout level using the yearly time frame is 31-32. And it is now right up against that breakout level. The blue tightening arrow pattern means a breakout is a given. Means one of the most significant breakouts in history is incoming."

https://x.com/graddhybpc/status/1816028165271175462

"The big #silver breakout level using the yearly time frame is 31-32. And it is now right up against that breakout level. The blue tightening arrow pattern means a breakout is a given. Means one of the most significant breakouts in history is incoming."

https://x.com/graddhybpc/status/1816028165271175462

If there was going to be a placing next, then Liz would have just bought at the placing.

The fact that she took shares at premium of 0.20p indicates that Hanc0ck about to get over the line and rerate.

"The Finance minister Nirmala Sitharaman proposed to cut customs duty on gold and silver to 6% during the Budget 2024 today. Even custom duty on Platinum has bene proposed to be reduced to 6.4%."

https://www.livemint.com/market/stock-market-news/budget-2024-titan-senco-gold-others-share-price-gained-up-to-12-with-custom-duty-on-gold-silver-being-lowered-11721721653829.html

Some people might think this is insignificant news, but India (world's largest population) has already imported more silver by May this year than they did for all of 2023.

Their rapidly growing middle class are also taking a liking to platinum.

"The first set of results will be ready by the end of the month, with all results available by the end of July 2024."

Good to know there are lots of people looking to buy back in and spending all their free time here rather than doing something they enjoy such as sea bass fishing etc :)))

@Peanutty. I was quoting the timeline given by Bill after the Scoping Study announcement (I don't make up my own timelines).

The KOD CEO was giving production to start in 2020, yet they are planning to start production in Q4 2024!

But here we are now, so thank you for highlighting how undervalued UFO is.

@Huldiiii. When did I state, ".95 that now it the last time to load".

I did personally buy at above 0.95p which makes adding at these levels a steal.

I was happy with Bill as a CEO/Technical director (before I found out earlier this year that he caused heritage disturbance back in 2021).

I was happy with Troy for what he achieved. But comparing to the CEO of another junior I have watched, there is no comparison really.

Therefore, yes looking to this webpage being updated as necessary once Hanc0ck is over the line

https://www.alienmetals.uk/about/directors/

It could be like waiting for a bus.

As Charles mentioned twice in the interview today the potential JV partner for Hanc0ck might be coming in for EH & MM also. This could be a reason why the due diligence has taken longer to complete.

Worth people also listening the the 2nd time Charles Mentioned UFO on the Sunday Roast @ 47:40mins:

https://audioboom.com/posts/8544419-sunday-roast-featuring-charles-archer-long-term-ftse-aim-investor-and-freelance-financial-analys