Member Info for MisterPositive

Chinese will finance the mine once they take over Bougouni Lithium deposit and take it to production in my view.

Lithium prices just over the last week spiked up significantly.

Alien Metals getting lot of attention in Oz and rightly so.

Elizabeth Hill and Munni Munni are special. You do not open a mine after 20 years just like that. Just sit tight. Lot going on here. Alien working hard and putting funds to good use unlike other lifestyle miners.

We can still get EH assay results in Dec. Bill simply expressed his frustration about delays in general as he originally quoted mid to late Nov for EH assays.

Mexico permits could also be here Jan / Feb.

Yes. Open pit will be fantastic.

Hanc0ck - iron ore

In addition to ridges C,E, they now also got ridges F,G and H.

Not sure if they tested the full 9km lengths.
But its growing.

Its now 3 days in a row since Friday 0.80 been hit.

Is that a hint from MMs for a breakout soon?

2 large Buys 1,788,235 @ 0.80 and @ 0.799

Whats going on here ?

Elizabeth Hill - assays
Hanc0ck- phase 3
Mexico- permits

Munni Munni PGE - i think success of Chalice mining "Julimar" 10Moz PGE discovery prompted Alien Metals to take 30% stake in Munni Munni with the option to increase to 100%.

Elizabeth Hill deposit sits at the base and Munni Munni surrounds it all around. I wonder if EH in addition to very high grade Silver also sitting on PGE metals ?

Chalice Mining went parabolic on their Julimar 10Moz PGE discovery from 0.5c to A$10.68 high.

Munni Munni complex got previous 2.2Moz JORC PGE resource including 76,000 oz of Rhodium.

Could Munni Munni be sitting on something similar like Julimar? Even 5Moz will do nicely indeed. Julimar did not have any Rhodium which is the most expensive metal on the planet at $14,000 per troy oz. This element alone would put Munni Munni deposit in a very good position.

Good to see a move up yesterday. Let it consolidate now for a bit. Future looks good but need news for next move up. Happens on all shares, profit taking etc.

Off topic: get a few UFO tucked in, news incoming

Yes. Solid interview. Cannot give away too much.
EH news incoming any day...cannot wait.

Also intrigued by how much more RHODIUM we can find on top of the 76,000 oz already at Munni Munni complex in addition to nickel, copper, palladium, platinum, etc.

$108.50

Hanc0ck - phase 3 underway.

Munni Munni - from PorterGeo database.

"The PGE layer has been defined over a strike length of more than 7.5 km (in 1990) and to a depth of 600 m and remained open along strike and down dip".

Chalice Mining went from 0.5 to A$10.68 high...wow

On the back of "Julimar" PGE discovery of 10Moz

Munni Munni got 2.2Moz....more to come as they get tuck in at EH and Munni Munni. Alien Metals is extremely undervalued.

Ok. Fair enough. I did not know that Sprott in the past were a shareholder under Arian Silver days. So my apologies there. May be down the road once Alien is further along the value curve they might want to take a position again, who knows.

Right now we looking to fast track some very juicy deposits with Deep pocket neighbours next door in Aus. Mexico could also attract bigger neighbours nearby. Lot to look forward to.

Next 12 months could completely transform Alien.

Happy Haddock.
With due respect. What has Sprott got anything to do with UFO ???

Did Sprott invest in SOLG or GGP when they were 1p ???

Sprott got their own investment mandate criteria and geographical locations to work with. I have listened many times in the past to interviews from both Rick Rule and Eric Sprott.

Our target audience would be Silver, PGE, Iron ore companies like, Fresnillo, First Majestic, BHP, RIO and Fortescue, etc. who could be attracted to UFO given our project locations and proximity to their own depleting deposits where UFO could be in pole position to fill the gap. We need to fast track and prove up current JORC to attractive levels to get their attention and now we are all cashed up to do that.

Current MCap is way too low and much lower than Turner Pope £82.9m estimate from Feb 2021 when UFO only had 51% of Hanc0ck and Brockman and without 30% of Munni Munni.

Yandi mine (BHP) was just one example i quoted over the weekend that is coming to end of life and will operate only until 2023 after 30 years. Few more will close in 2027.

Turner Pope Feb 2021 valuation of Hamersley:

£61.2m @ 51% (total £82.9m)
£108m @ 90%

If you adjust TP valuation with 90% ownership of Hamersley now, then sum of parts valuation jumps to 3.32p a share.

Chris2

Right on time. So you must have sold then and got your 10% !!!
Great....we can now expect 50% plus jump then just like last time soon after you sold.

0.80 just in.

2022 and 2023 both will be strong years for Alien Metals in my view.

We could see multiple JV partners coming in as we move up the Value curve.

Would not rule out a cheeky Takeover approach in 2022 or 2023 either.

Yep. Might spike upto 1.80 settling back towards 1.50 - 1.60 level for little pause before resuming upward move with so much news inbound in Q1.

We could see a strong January rally here as wider market comes in.

Even 1p would look very cheap in coming days.

Traders will be all over this for a quick 50-100% profit grab in coming days...

TA and charts perfectly poised for a strong profit incoming opportunity for Traders.