Member Info for Max111

Over 100M shares traded already.

@uktrader6. Of course. This will bounce back quick with news soon, otherwise they wouldn't have got the money.

Placing to raise £630,000, Appointment of Joint Broker and West Australian Project Update

https://www.londonstockexchange.com/news-article/UFO/placing-joint-broker-appointment-project-update/16502975

Yes jwoz. Scene is being set with Independent Review at Pinderi Hills last week & Rob Mosig interview this week since Hac0ck JV deal finalising (now fully permitted this month after Mining Lease granted for 21 years) and some might sell on JV RNS spike coming very soon.

Rob was saying the Munni Munni intrusion is 5km thick! That's massive.

First time in 30 years that Munni Munni and Elizabeth Hill projects have been consolidated into a single coherent tenement with no more legal disputes dating back decades.

Plus, it's not just UFO highlighting the potential of Pinderi Hills, it's Geoscience Australia and Independent Review by Dr. Jayson Meyers - Associate Professor Curtin University, WASM, Exploration Geophysics.

Yes good call AJ.

Troy had done his job after he exercised Miscellaneous Licence for haul road, Port allocation and Native Title.

In the IG interview Troy said, "Once we get some free space & free cash, Pinderi Hills will really move the needle."

They kept Dealer of the Year Alwyn to do the final deal and consultant Nathan brought in for further strategic long-term value for shareholders including opening up UFO West Pilbara Hub Vivash Gorge & Brockman now that MinRes Onslow is operational.

Very exciting month for the company.

@smiller. All makes sense to me now.

They can't say any more due to non-disclosure agreements. But pretty obvious now.

They have already said too much.

Deal on the table is about to get finalised.

Rob Mosig comes across better after the 2nd time of watching the interview, then looks like a kid in a candy store with the potential of Pinderi Hills :)

At the end he said, "We are robust & ready to go".

Hanc0ck is shovel ready this month after Mining Lease granted for 21 years. Give the keys to MinRes and we sit back.

Any percentage we lose on the project we make back by them drilling out Hanc0ck & Mallina (less than 5% explored) and they will add scale meaning much lower Opex and higher margins.

Then opens up huge potential with our West Pilbara Hub shipping out of MinRes's Onslow.

The potential here is enormous having access to Onslow with shorter haulage distance to port.

Getting market fair value will be a lot easier for UFO with work advancing on Elizabeth Hill Silver (highest-grade silver mine) and Australian Geoscience's "High-priority area" Pinderi Hills already JORC Resource situ value of US$2.8bn and finding the source to it!

Looking forward to the JV news soon.

Sounds like JV for Hanc0ck coming.

Regarding Hanc0ck he said, "Maybe we need to share it and proceed with our development of our Pinderi Hills."

Just delete space between "Directors Talk" and it will work

Alien Metals Rob Mosig Provides Insights and Future Plans for Penderi Hills Project (VIDEO)

https://x.com/Directors Talk/status/1797900151119634689

Ooh very interesting. Cheers @SpreadThatRisk.

Have a nice weekend.

@bobsson. How are UFO currently advancing lithium exploration at Pinderi Hills after Gina & SQM's buyout of $AZS at $1.7bn ? 🤔

As Guy & Alwyn said in last interview, they are bringing in JV partners and have a number of proposals on the table for both Pinderi Hills & Hanc0ck.

They can't tell you any more than that due to non-disclosure agreements with JV partners.

Just have to wait for RNSs.

Lots of significant news due in June.

I'm glad we got through the Half-Term period when a lot of people are away.

So Maca Mining started construction of Iron Ridge on 21/09/2020 with first production in December, but REGROUP cant?!

Why keep Elizabeth Hill hidden in the drawer when silver is about to hit ATH $50 (maybe even in June according to Chen Lin).

On last #silversqueeze UFO's SP doubled within just 3 trading days.

Elizabeth Hill on its own with silver now above $30 support going to ATH of $50 is worth much more than £15M.

Then add "First time in 30 years that Munni Munni and Elizabeth Hill projects have been consolidated into a single coherent tenement, under 100% ownership."

JORC PGM & Gold resource of in situ $2.8bn open at depth & along strike.

Mining Lease, grid power & infrastructure in place.

Geoscience Australia's "high-priority area for a world-class ultramafic hosted Ni-Cu-PGE sulphide deposit.

Ridiculous how cheap UFO currently is.

@ Tangodog1024, you are quoting RNS from Rod prior to company obtaining port allocation.

Iron ore industry player Alwyn who has developed numerous projects in the Pilbara strategy of mobilising and starting construction in July/August to coincide with port allocation in Q4 seems much more sensible.

@Tangodog1024. When did I say development has started at Hanc0ck?!

Alwyn said they will mobilise and start construction in July/August.

As you pointed out at Fenix’s Iron Ridge site works commenced 21/09/2020 by Maca Mining and they declared first production in December.

With UFO we don’t need to build accommodation facilities like Fenix and upgrade port facilities.

And REGROUP have proven they can deliver ahead of schedule:

Michael Still Managing Director REGROUP posted on Linkedin:

"Congratulations to our client Mineral Resources Limited achieving first ore on ship ahead of schedule. Massive effort by the REGROUP team in both construction and delivery of first ore to port. It’s nice to have such a good client in who have welcomed us in from the start."

https://www.linkedin.com/in/michael-still-a110a885/recent-activity/all/

Port allocation starts Q4. Not sure why people keep posting, "Are we nearly there yet?!"

No distraction. As per today's Research Note:

"Alien continues to advance its near-term, low capex, quick-to production Hanc0ck DSO iron ore project - Alien remains in discussion with various parties to secure development funding for Hanc0ck."

Got to remember, it's Mining Plus (which developed Fenix) that has been developing Hanc0ck to coincide with port allocation which starts in Q4. Simples.

Now its looking better than ever with MinRes Onlsow & UFO's West Pilbara Hub which will soon come into play.

Why would people be upset by a positive Pinderi Hills RNS when silver could hit ATH $50 in June?!! Hmmmmmm

"Silver to Hit $50 in June, China Driving the Surge - Chen Lin"

https://www.youtube.com/watch?v=LvGYtJ36PgU

Link for Research Note:

https://x.com/research_tree/status/1796456628297896263

Macro Metals M4M just released the results of their iron ore rock chip samples:

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02812806-6A1209923

Ave grade of 53.8% Fe (71 rock chip samples) for one tenement & 54.68 Fe (15 rock chip samples) for another tenement.

Compare with UFO JORC Resource 8.4Mt with less than 5% explored at Hanc0ck & Mallina with rock ship samples of over 60% Fe in Mallina (with similar geo unit as Sirius!).

+Brockman with average grade of 62% Fe with some returned grades as high as 65.4%!

https://www.alienmetals.uk/project/iron-ore-brockman-tenement/

M4M have no access to export channel secured and haven't even started drilling. They are due to start their RC drilling in June. They are years behind us and generating any FCF.

Yet their market cap is $125M!

UFO SP is going much higher than 2.7p when UFO Onslow West Pilbara Hub comes into play + Pinderi Hills Munni Munni & Elizabeth Hill.