The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
@5x5. "Repayment Date: 12 months or a later date as agreed between the Company and the Noteholder"
I'm not ramping. Just stating facts. Such as the Munni Munni PGM & Gold Project JORC Resource with in situ value of US$2.7bn (open at depth & along strike) with zero battery metals Nickel, Copper & Lithium included!
You said you had many millions of shares and sold the majority (most likely all when SP hit 0.11p).
Hope you can buy back in on RNS news. ATB
@5x5. No way Bennelong will own over 51%.
But look at Mark Creasy. He directly owns 40% of Azure Minerals Andover project. Azure only own 60% of Andover.
Plus he owns an additional 12.8% of Azure Minerals shares and put his wife Annie Guo on the BOD!
Azure now has a Market Cap of $1.7Bn. Did the Azure Minerals shareholders still benefit from unlocking Andover? Of course they did.
Looking forward to see what the JV deals will do to UFO's current market cap of just £8.5M & aggressive SP re-rates!
@5x5Croire. How much to you think UFO's largest shareholder Bennelong's UFO shares will be worth if UFO goes bust?
The goal is unlocking the assets via JV deals.
The end game is hold as big a holding as possible and sell to Gina. See Mark Creasy & Azure Minerals.
Looking forward to the JV proposals on the table being executed.
On 15th March people were selling at 0.11p. Next day SP up 17.39%.
Traders here had either panic sold or had their stop losses triggered.
They didn’t realise JV deals coming with no new shares hitting the market anytime soon = aggressive re-rates.
Elizabeth Hill massively underexplored even below 100m. Just needs some air-core grid drilling plus drilling down from inside the mine to find the source.
Plus UFO has other precious metals that money people like Rick Rule are after. UFO has 1 of Tier1 Australia's largest Platinum, Palladium & Rhodium deposits + Gold with in situ value of US$2.7bn open at depth and along strike.
First time in 30 years that's its now 100% consolidated under single ownership with no more legal disputes which dated back decades. Infrastructure & Mining Lease in place.
All currently valued at zero in the Market Cap.
Looking forward to the JV deals to be signed soon, Elizabeth Hill reopened & given the TLC it deserves and a silver breakout :)
"Been saying for 12 weeks that #gold has a blue mega breakout.
#silver now has 3 days to the quarterly close, and a blue mega breakout."
https://twitter.com/graddhybpc/status/1772565070188249122
"Been saying for 12 weeks that #gold has a blue mega breakout.
#silver now has 3 days to the quarterly close, and a blue mega breakout."
https://twitter.com/graddhybpc/status/1772565070188249122
“Watch here as Rick Rule, legendary commodities investor, provides insights and analysis on gold, silver, and copper, covering topics such as price predictions, market trends, investment strategies, and industry news.“
https://x.com/alienmetals/status/1772248612061274139?s=46&t=_zLFZqu8agi3R9q2JHbcGg
Yes that's the "All in sustaining cost".
But plenty of scope to reduce this with economies of scale as Alwyn mentioned.
JV Partner.
Ultraquads with 7% increase in payloads from Fenix.
REGROUP committed to switching to a fully battery fleet. Can use etruck battery swap stations that swap out batteries in less time than it takes to go through car wash. etc.
Iron ore price could be at low point
"Some analysts believe a large portion of China's domestic iron ore production currently underwater."
https://www.miningnews.net/bulks/news/4189041/iron-ore-price-low-point
Good to know Mining Plus's Development Study gave IOCA AISC A$123.1 (including Freight & Royalties) = US$80.39/t at current exchange rate.
I noticed Troy gave UFO's recent LinkedIn silver post a like:
https://www.linkedin.com/company/alienmetals/posts/?feedView=all
Some news next week IMO.
Have a nice weekend :)
"Quarterly candles can give VERY POWERFUL signals.
5 trading days left for #SILVER to regain a CONVINCING breakout posture..."
https://twitter.com/badcharts1/status/1771137193903362523
On the move again...
"Quarterly candles can give VERY POWERFUL signals.
5 trading days left for #SILVER to regain a CONVINCING breakout posture..."
https://twitter.com/badcharts1/status/1771137193903362523
"Quarterly candles can give VERY POWERFUL signals.
5 trading days left for #SILVER to regain a CONVINCING breakout posture..."
https://twitter.com/badcharts1/status/1771137193903362523
The other great thing with having Rob Mosig on board now is that he can make sense of & re-assay the existing drill core sitting out there:
https://www.alienmetals.uk/wp-content/uploads/munni-munni-7-724x1024.jpg
Page 24 Corp Presentation:
"Re-assaying of core for Lithium and Tantalum, is a cheap and effective method to determine the potential for Lithium. Prospective core will be assayed after field trips."
Send all that diamond drill core off and results back soon hopefully :)
Hi StellaBob. The self-reported heritage ground disturbance was from back in 2021.
Since then UFO have executed the Native Title Agreement with the Traditional Owners. It's their heritage and they have given approval to turn Hanc0ck into a mine and are looking forward to their 0.9% royalty on all iron ore sold.
DMIRS actively encourage & promote the development of mines.
Should receive it from DMIRS very soon. Fully permitted by June and JV partner to fund going forward and start construction July/August.
Looking forward to handing the keys of our Hanc0ck project to the JV partner and let them execute Mining Plus's Development Study plan asap, run it with economies of scale and rapidly increase resources . 95% to explore across Hanc0ck & Mallina plus box tenement!
As Alwyn said:
"There is significant, significant upside on resources. Only explored about 5% of tenement areas. There are major targets that we have not been able to access due to constraints we had in the past that are NOW removed.
Get the resources up to 20-30Mt. Great upside potential in the company."
Plus Rob Mosig (ex-Helix Resources who previously brought in Lonmin Plc/Sibanye to invest $20M) signing JV deal to unlock Pinderi Hills. Already has a JORC PGM & Gold Resource of US$2.7bn open at depth & along strike with zero battery metals included, so far!
That will be 2 huge elephants charging ahead in our portfolio.
@Turbo. I agree about the silver mining & restarting operations at Elizabeth Hill.
The PGM & Gold project with in situ value US$2.7bn was the reason why ARV initially bought the Radio Hill Plant up the road. It can be updated. Just needs a JV partner to invest.
New UFO Director Rob brought in Lonmin Plc/Sibanye before who spent $20M on it.
Lets see what Rod can do this time with much higher Precious Metals prices.