Member Info for PaulQ

Don't invest in junior explorers if you don't like jam or irratic SP movements. Bill is a man of action , I have every faith patience will be rewarded here.

Yeah brokers evaluations don't really affect the share price directly. They are more of a guide. The problem is the current issued one is far off our fair value and we are even below the downside of the old estimate. Quite frankly its at bargain basement prices below 2p and at this price its straight ridiculous in my books.

I firmly believe ufo will turn a profit and the share price will be much higher before that point. We are in a proper multi bag share here. Only those who have researched and done the maths will know what I'm talking about.

Yes there is a great outlook for ufo but I do worry about the increased labour costs as we are still yet to produce this will effect the set up costs .. I do think that given the current circumstances UFO is best to JV off the iron ore project, mine the silver tailings themselves and then concentrate on the other projects at hand and look to firm them up.

This SP is absolutely bonkers considering the iron ore is now pretty much a sure thing.

Sorry been busy for a couple of days , I suspect I missed out on a typical Friday ding dong? Lol

We jumped up over 13% on only £40k more buys than sells. If anything this screams the SP has been lowered on low volume and MMs taking advantage of that fact trying to weed out weak hands. A few of the old suspects turned up in the form of our house favourites Chris2 and tacet which always bodes well.

It is what it is at the moment and the current SP is by no means any reason to get excited but the news around the corner certainly is and can change the face of UFO as we know it. BILLY BIG B011OCK5 show us your minerals!

Well bill can't really do a placing at these prices so expect a jolt upwards to above 1.3p and then a placing at around the 1.1p mark again

Alien metals good luck charm Chris2 has turned up , expect big things around the corner! Thanks Chris2 missed you on here buddy as you post and there's always a positive reaction to the share price. I'd rub your belly if I could :)

Why is there trading data showing up today from April may and June?? Never ever seen that before dodgy as

https://www.ft.com/content/212237e4-1c60-48a8-8eae-626112885827

Yes silver gets slapped down second week in a row on US open. Only a matter of time the top of the bottle blows off! Thursday night it was on the up and then bang on US open gets smashed down. The big players are closing their shorts guys. On top of that silver is now the ONLY metal that is at a lower price than the 1980 high.

Food for thought , alien metals is in my opinion the best silver play on AIM with iron ore as an added bonus. Real potential here when not if imo.

1. Silver takes off to $50 an ounce. Hopefully by end of year.
2. We get a JORC compliant iron ore resource and start mining it or JV it off. Hopefully in next 12 months

Number one baby yeah, bang the drums sound the horns !!

https://smallcaps.com.au/small-iron-ore-plays-get-boost-big-miners-cash-shower/

HH I have to object to your last post. The Sishen mine holds 918.9 million tonnes of proven and probable iron ore reserves (59.2% Fe), making it the world’s 11th biggest iron ore mine.” UFO is sitting on a likely 248 Million tonnes. On average a mine being harvested by a major produces on average 25 MT to 30 MT per annum so therefore if JV to a major it would be a very attractive and nice earner especially due to its proximity to existing infrastructure and skilled labour. It would likely be a ten year project once they start digging it up. And I must stress once they do start digging it up it will be a complete game changer. 10 years of mega income

https://www.afr.com/companies/mining/rio-tinto-iron-ore-takes-300m-inflation-hit-20210716-p58a8l

Well I'm pretty sure Biden has dimensia so ill slip a prompt note under his nose saying buy Alien Metals do nothing else #UFO and we will be made overnight !

@tymers , you don't seem to be in it for the long haul like the rest of us here, we have all done our research which is why we remain calm and firm , only time is required for the news to start flowing and the iron ore is a dead cert as far as I am concerned and thats enough to get us up there to where we want to be.

Sentiment is going to come back to the exploration and mining sector later this year once people realise "transitionary inflation" means nothing that we don't know how long its going to go on for. The sun is in a period of transition at the moment which will take millions of years.. haha

I wonder what Mark Cuthbert is thinking with his 60k investment at 1.25p ? Is he worried? I doubt it very much. Wish I kept powder dry to add more but got greedy in the 1.1p range haha

I'm positive about Bills actions on Donovan 2, he knows there is mineralisation there and once we strike the gold and copper deposits we will get a better JV than with Capstone.

As Bill said they did 600k worth of work for free. Why they didn't drill Bills targets I have no idea, Capstone don't seem to have their stuff together. Let's find that gold at the bottom of the water well!

Thank you Max111 very concise and punchy article it bodes well. A JV for our grades and MT amount should be no problem.

"Fe fines imported into Northern China were changing hands for $217.85 a tonne on Monday, up 1.4% from Friday’s closing."

https://www.theguardian.com/business/2021/jul/02/1970s-stagflation-2008-debt-crisis-global-economy

The yanks do crack me up , its like they live in a different world lol. Silver is the way and nothing seems to be stopping the run away iron ore train . Gla ufo is our hedge against inflation