Member Info for MisterPositive

other 70% is owned by Artemis (JV partner). If they willing to sell their 70% lets say in 12 months, then yes UFO could grab full 100% which would be even better.

EH silver mine is surrounded by Munni Munni all around. So would make perfect sense.

Alien Metals can combine EH and Munni Munni deposits & Operations for cost efficiencies making project economics even more robust.

Traders can also make huge returns here but investors are looking for the mega bucks from current lows given how management has now brought UFO to a strong position.

Market will eventually catch on....always does.

But getting 30% of Munni Munni with already JORC of 2.2 Million oz would result in money well spent by UFO. This should confirm in coming years as an absolute Masterstroke in my view.

Palladium (forecast to reach $4500 in coming yrs)
Nickel
Copper
Silver
Rhodium (@ $14,000 / troy oz)

Silver
Think this will do lot more than 5p mate.

Agree, surprise placing was bit of a shock but being all cashed up for next 18 months, put you ahead of the game vs other explorers

Full Ask 0.69

More chance of UFO hitting +10p next year than bitcoin ponzi scheme.

Typical MMs dropped it to grab few million shares on the cheap to fill large Buy orders.

UFO on watchlist of many. This could zoom higher without warning

Back in Oct 2021 this was around 0.68 level when it moved to 1.24p within a month.

We could see same again and this time i would expect to test 1.65 the previous 52 week high and making new high for the year.

Been chipping away putting more in my pot at these crazy low prices.

My largest holding now. Wish i had more funds.

Agree 100% UFO now in such stronger position with strong cash balance and JORC already on Hanc0ck, Munni Munni, etc. No brainer.

BTW - Rhodium now $14,000 / troy oz.

At 52 week low...0.65
52 week High....1.65

Great Buying opportunity with News due on different fronts.

TRP is not a producer, so any temporary drop in crude price due to Covid variant should not have a direct effect.

Crude price in 2022 should be lot higher.

Looking good.

There is going to a major re-rate coming here.
MCap way way too low given just the 10.4 million tonnes of high grade DSO at Hanc0c so far, ignoring all other projects for a minute.

Iron ore back to $100

Hanc0ck 10.4mt @ 60.4% fe DSO

Even $25/t profit generates $250 million.

Each 10mt of additional resource at Hanc0ck would add $250m using just $25/t profit estimate.

Alien working towards increasing the current JORC 10.4MT with plenty cash in the bank.

I think Alien tweet about that big ship was a clue to the interested parties for DSO offtake agreements probably being negotiated currently.

Is multiples of current MCap.

May be placing shares holding this back a bit. Watch this make a move higher soon as overhang clears.

Still at 18% discount to the 0.85 placing price.

Lets get back to 0.85 placing price (first stop).

This is excellent news.

Company obviously knows the size and scale of potential resource from both Hanc0ck and Brockman to create a separate stand alone entity.

Yes. Spin off or JV with our deep pocket neighbours RIO / BHP. Its coming....

Alien could follow similar fortunes like what 'Julimar' did for Chalice transforming it into $3b MCap company.

I will say it first. Most here probably already know it. Just a game of patience.

At $100 iron ore and $25/t profit,

each 10mt of additional DSO at Hanc0ck would add approx $250m value to Alien Metals resource value.

Multi-bagger this from such low price. Approx 7m cash balance to fast track things. No brainer !!!

Approx 1/4 of current £28m MCap is just the cash in bank.

SALE is on.....

By Chinese sooner or later unless RIO or BHP trump them being next door to them.

JORC 10.4 million tonnes @ 60.4% fe (already)

With similar parallel ridges discovered next to existing ones and running upto 8-9 km long, company thinks there is lot lot more at Hanc0ck.

I would reckon 30 - 50 Million tonnes as estimate.
Could be lot more.

Hanc0ck next update soon would provide more details.

10p here would be only around 400m

Chinese will be all over the DSO from Hanc0ck.

High grade
Near surface.