Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
And welcome to all new Alien Metal holders, your choice to invest here is great and we all look forward to your contribution to the board.
Those who have been here over the past few weeks and haven't taken advantage of this dip and still crying lower... well I am laughing at you. :)
Market makers collecting a lot of shares this morning with no price drop, good news afoot? Where are the buys though lol?
There goes the theory that max secretly working to alien metals lol, listen max and everyone else on here who contributes keep contributing. Don't stop, today we showed our resolve and strength when the tree shake happened. There have clearly been more buys that sells today. I do wish I had some dry powder to top up, but thats me already positioned and all in to what I believe and that is UFO
This is my opinion but they gave it up because they are focusing more on increasing output on existing mines rather than establishing new ones. They are trying to cash in on the copper boom while they can so are focusing their profits to boost income on their already producing mines.
I don't think D2 is junk by the results we have had and I think someone else will pick it up. The joint venture warn in agreement wasn't great for ufo anyways. I recall alot of people moaning about it when it was signed. It was nice but We can do better.
Capstone have indicated that they have planned an initial 2500 m drilling program as part of their required US$450 000 expenditure commitment for 2021.
And now we have access to all the results and data capstone funded so bring on another JV. I do believe the termination of agreement rests with Capstone and not so much with the quality of Donovan 2
Thank you mate, as I said not worried short term and if it does go lower ill double down and top up! Nice to know they are producing and the only issue is that they need more money to produce more .. not a bad place to be in to be fair.
@goingtomoonufo what is your average here mine is 38.8p
I'm not as well researched here as I am with alien metals. Can you please let me know if everythings good or what the story is mate for the dip. I understand funding is required is that what the dip in SP is about ? I'm here long term 2 years anyways but me and I'm sure some others would like to know whats happening as company communications haven't been regular.
The elephant in the spaceship that I haven't seen discussed today is the fact that todays poor 2.5% on such great iron ore results is down to the market not being woken up to Alien Metals being a multi commodity play. The silver tailings that offer a mere £4 million profit in the right circumstances saw a bigger rise if I am correct.
Once the market realises that Alien is indeed sitting on 100s of mega tonnes of direct shipping ore and a JV is in place with a major then the game will change overnight. I used to think we should go it alone but now we own over 90% of the Hammersley project I think a JV with a major would be the better, safer, less upfront cost and quicker option. Bill knows this too and is making sure the iron ore project is nicely wrapped with a bow on top for maximum premium. Its not like Donovan2 which was our first JV we gave up on the cheap (in my honest opinion) to Capstone to get our name on the map and generate some income. Capstone have still done a lot of the leg work at Donovan2.
Hanc0ck, brockman hammersley and the sirus extension are being methodically drilled and a JORC resource will be presented to us and a joint venture partner soon enough... should these things come to light and line up in the way I've put forward I believe the market will then wake up and iron ore would play a big part in the SP. Until then its like a sleeping giant and we haven't got a stick big enough to wake it!!!
The weekend has come to quick and news hasn't come quick enough. Everything in good time. The last few days have seen the usual UFO bashing suspects turn up and I would guess they will be here during the weekend aswell. A lot of negative posts that should assure you if your invested that people are trying to buy in at a cheaper price.
The investors presentation in two weeks time will tell us all we need to know at present time. I'm suspecting it will cover the DSO results for the pure and simple fact of the length of the last RNS based on 14 holes and this next set of results is for alot more.. not easy to put together and be concise and factual which is why it takes time. I am expecting a Stella rns around the time of the presentation. Until them expect very little but a flurry of buys nearer the time. Good luck all holders and hold strong