Member Info for Mr0nions

I'm holding for £20 ;-)

You got to have a dream.

But seriously, prices this high in Copper and Silver are fantastic.

Silver expected to be > $100 this year and some reports over $200 !!!!

Copper strength, silver and takeover spec, Touro

All drivers for our share price.

Also geopolitically, we are a safe source of copper.

Silver flying

ATALAYA flying, new highs (thanks to silver)

BZT copper again play, but has silver

WHATS GOING ON WITH UFO?

Is this dog food??????

Clearly someone knows

Also Gemini picks this stock as number 3 best Silver play (its a byproduct of production, they can get the tech from ATALAYA)

GEMINI Ai picks

1 Alien Metals (UFO.L) Australia Elizabeth Hill Silver Project. Entering 2026 with a funded drilling program targeting some of Australia's highest-grade historical silver ore.

2 Rockfire Resources (ROCK.L) Greece Molaoi Project. Upgrading the 19.1 Moz silver resource from Inferred to Indicated in H1 2026. High zinc-silver correlation.

3 Bezant Resources (BZT.L) Namibia Hope & Gorob. Transitioning to production in 2026. The byproduct silver/lead/zinc circuit could significantly lower Cu-unit costs.

4 Ariana Resources (AAU.L) Turkey/Kosovo Cash Flow & Dividends. Unlike most juniors, they are profitable. High silver byproduct credits from the Zenit JV provide a "safe" silver play.

5 Golden Metal Resources (GMET.L) USA (Nevada) Garfield & Pilot Mtn. Strong silver-copper-tungsten indicators. Favored by the "momentum" crowd for a 2026 discovery re-rating.

Gemini, please list most promising upside UK listed junior silver mining: UFO number 1

1 Alien Metals (UFO.L) Australia Elizabeth Hill Silver Project. Entering 2026 with a funded drilling program targeting some of Australia's highest-grade historical silver ore.

2 Rockfire Resources (ROCK.L) Greece Molaoi Project. Upgrading the 19.1 Moz silver resource from Inferred to Indicated in H1 2026. High zinc-silver correlation.

3 Bezant Resources (BZT.L) Namibia Hope & Gorob. Transitioning to production in 2026. The byproduct silver/lead/zinc circuit could significantly lower Cu-unit costs.

4 Ariana Resources (AAU.L) Turkey/Kosovo Cash Flow & Dividends. Unlike most juniors, they are profitable. High silver byproduct credits from the Zenit JV provide a "safe" silver play.

5 Golden Metal Resources (GMET.L) USA (Nevada) Garfield & Pilot Mtn. Strong silver-copper-tungsten indicators. Favored by the "momentum" crowd for a 2026 discovery re-rating.

My original posts on deal said timing 6 months June ... this could be done end Feb.

Bought stock about 25.7p all in, I get 2.3p , massive rate return trade. Tender (vote at 28p). like 35% anualised return. Thank you.

I got some grief from some experts on timing and thought maybe PUSU extension, but this has been rushed through by CHINA (who want the deal).

Look if prices keep going up, something could happen, but unlikely.

Yes you have been screwed by management ... very British exit (with Golden handshakes) ... would never happen in like france where management generally much better and play long term. Brits are all for the quick exit.

Summary Ranking by Upside Potential

Rank Stock / Ticker Exposure Type Upside Thesis Primary Risk

1 HOC Direct silver & gold producer High Juri­diction & cost risk

2 ATYM Copper w/ significant silver by‑product High Secondary silver, execution risk

3 FRES Primary silver producer Moderate‑High Political/valuation crowding

4 SM Small silver producer High (speculative) Scale & liquidity

5 GFM By‑product silver Moderate Base metal exposure

6 ECOR Royalty & streaming Low‑Moderate Indirect exposure

7 GLEN Diversified miner w/ silver by‑product Moderate Diluted commodity exposure

8 UFO & juniors Explorers with silver optionality Very High (speculative) Exploration/dilution

9 BRWM Diversified mining trust Defensive exposure Broad commodity exposure

10 SELV/SILG Silver miners ETF proxy Diversified basket Not single stock

Summary Ranking by Upside Potential

Rank Stock / Ticker Exposure Type Upside Thesis Primary Risk

1 HOC Direct silver & gold producer High Juri­diction & cost risk

2 ATYM Copper w/ significant silver by‑product High Secondary silver, execution risk

3 FRES Primary silver producer Moderate‑High Political/valuation crowding

4 SM Small silver producer High (speculative) Scale & liquidity

5 GFM By‑product silver Moderate Base metal exposure

6 ECOR Royalty & streaming Low‑Moderate Indirect exposure

7 GLEN Diversified miner w/ silver by‑product Moderate Diluted commodity exposure

8 UFO & juniors Explorers with silver optionality Very High (speculative) Exploration/dilution

9 BRWM Diversified mining trust Defensive exposure Broad commodity exposure

10 SELV/SILG Silver miners ETF proxy Diversified basket Not single stock

QUESTION to Gemini: If I wanted to invest in a UK silver company to take advantage of recent silver price jump, please recommend 5 stocks. Please also rank in highest potential upside (but also note risk). Thanks

Stock,Ticker,Market Cap,Upside Potential,Risk Profile

Alien Metals,UFO,£14M,Extremely High,Very High (Exploration)

Hochschild,HOC,£2.6B,High,Medium/High (Geography)

Atalaya,ATYM,£1.2B,Moderate/High,Medium (Permitting)

Fresnillo,FRES,£23B,Moderate,Low/Medium (Leader)

Wheaton PM,WPM,£26B,Low/Moderate,Low (Royalty)

As of 09:48 AM on Monday, December 29, 2025, the London market has been open for nearly two hours. We are seeing a "gap up" across the sector as UK miners catch up with the $80/oz silver surge that occurred over the holiday weekend.

Since you mentioned you're using this as a sounding board (and acknowledging your 15 years in the City), here is a ranked list of 5 UK-listed silver plays based on Potential Upside for 2026.

1. Alien Metals (LSE: UFO) — The "Speculative Moonshot"

Ranking: #1 for Absolute Upside (High Risk)

The Upside: Currently trading around 0.13p. If January’s assay results from Elizabeth Hill confirm the "visible silver" reported in December, this is a multi-bagger candidate. A move to 1p (a 7.7x increase) would only bring its market cap to ~£115m.

The Risk: Extreme. It is an explorer. If the lab results in January are a "duster," the stock will crater. Liquidity is also thin on the AIM market.

Sounding Board Logic: This is your "£50 punt." It offers the highest beta to a silver "squeeze" narrative.

2. Hochschild Mining (LSE: HOC) — The "Operational Lever"

Ranking: #2 for Balanced Growth

The Upside: Trading at ~505p. JPMorgan recently reiterated an "Overweight" rating with a 600p+ target. As a mid-cap, it has a much higher "beta" to silver prices than Fresnillo. If silver hits $100, HOC could easily re-rate another 40–50%.

The Risk: High exposure to South American political shifts and typically higher AISC (All-In Sustaining Costs) than the giants.

Sounding Board Logic: This is the professional’s choice for capturing the mid-tier "melt-up" in silver and gold simultaneously.

3. Atalaya Mining (LSE: ATYM) — The "Hidden Kicker"

Ranking: #3 for Fundamentals + Catalyst

The Upside: Hit a new 52-week high of 830p this morning. Most analysts (Berenberg, Canaccord) have targets around 830p–930p, but these don't fully price in $80 silver by-product credits. If Proyecto Touro is permitted in H1 2026, the re-rating could be substantial.

The Risk: It is primarily a copper stock. If copper prices ($12k/t) soften, the silver benefit might be masked.

Sounding Board Logic: The "Smart Money" play. You’re buying a world-class copper machine and getting a million-ounce silver production stream for "free."

4. Fresnillo (LSE: FRES) — The "Blue Chip Beta"

Ranking: #4 for Institutional Momentum

The Upside: Trading at ~3,230p. While it’s already up ~400%

Take your deserved profits in FRES, and pump into UFO ... potentially the next FRES but Australia. Massive silver deposit. Any views?

Madness

has anyone seen the silver price ?

Has the board seen the silver price?

With Touro coming online and expected ramps up San Dionisio we could be producing 2 million ounces of copper. Then if E-Lix Works recovery could improve from 70% to 90%+ silver.

MASSIVE potential drop in all in copper cost of production.

We are producing SILVER as a byproduct which reduces our all in production costs.

Last weeks jump is significant.

I think we produce about 1 million ounces a year.

Atalaya’s "All-In Sustaining Cost" (AISC) is dropping by a total of $0.60/lb. But copper at Friday closed, if sustained = $0.8 reduction

1. The Silver Credit Benefit (~$0.40/lb). another 0.2 if price sustained over a quarter

The Ratio: Atalaya typically produces roughly 1.1 million ounces of silver for every 50,000 tonnes of copper. This equates to ~0.01 ounces of silver per pound of copper.

Historical (2024): With silver at ~$25/oz, this was a credit of $0.25/lb.

Current ($79.36/oz): Today’s record silver price has pushed this credit to roughly $0.65/lb.

The Net Impact: This provides a $0.40/lb reduction in your AISC compared to 2024 levels. Silver is the primary driver of the cost drop right now.

2. The Smelting/Offsite Discount (~$0.20/lb)

The Fees: Normally, miners pay smelters to process ore (TC/RCs). In a normal market, this costs Atalaya around $0.20 - $0.25/lb.

Current Market: Because copper ore is so scarce globally, smelter fees have collapsed to near zero (and even negative in some spot contracts).

The Net Impact: This removes the $0.20/lb expense from the books, effectively acting as a second discount.

We are producing SILVER as a byproduct which reduces our all in production costs.

Last weeks jump is significant.

I think we produce about 1 million ounces a year.

Rouge, want to read your posts on the deal

Too much noise here< I cant find.

Please re-post

You think a rejection angle here? Don't they have enough to get the deal done

You can hold and get your 28p or exit now an build position in ATALAYA that will be taken out or you will achieve £20 probably in 5 years

If you have cash lying around you can get a return better than cost of funding 4-5% or what you would earn on your cash interest only . At 26p all in cost you get 7.5% gross return , 15% anualised if deal done in 6 months .

My original post was actually spot on on timing , getting deal out before PUSU deadline . But I took a beating from some experts who said ODI would take longer Chinese side and that expect extension to PUSU deadline. Chinese know where cooper is going and want to close this deal quick. Don't expect any counter bids, this is a rate of return. You looking for a copper bid target, focus on ATALAYA

The Actual Deadline: Monday, Dec 29

Under the UK Takeover Code, if a Rule 2.6(a) (PUSU) deadline falls on a bank holiday or weekend, it typically rolls over to the next business day.

Effective Deadline: 5:00 PM on Monday, December 29, 2025.

Significance: This gives JCC an extra 72 hours of "Beijing time" (where regulators are open on Friday) to secure the SAFE certificate before the London markets reopen.

2. When will the Extension Announcement come?

Since the RNS (Regulatory News Service) is closed on Friday and Saturday/Sunday, you will not see an update then.

The Announcement Window: 07:00 AM on Monday, December 29.

Why then? In the City, extensions are almost always announced at the start of the final business day. If SolGold and JCC have already agreed that the SAFE approval is the only remaining hurdle, they will issue the Rule 2.6(c) extension RNS at the Monday open to stabilize the share price before trading begins.