Member Info for petej247

"Hit 1.24 this week. That is excellent."
...in addition, great weekly volume (circa 295m) not seen since February and then as a precursor to the October '20 spike. I'm encouraged it held well across the week as well rather than a flash and dash. All good signs for a sustained steady rise IMHO.

Iron ore up US$ 3.00 or 2.5% to US$122.75 per tonne.
8:28 PM · Oct 26, 2021

https://twitter.com/CommSec/status/1453081073949167618

"Take a look at Lloyd Edmunds LinkedIn pretty much speaks for itself really.
https://www.linkedin.com/in/lloyd-edmunds-98600050/?originalSubdomain=au"

Now THAT is a CV. Great asset to the business, and a real game changer.

Can someone help me with when does TP update their research note? IMHO yesterday's update was a bit wishy-washy with copy/paste from already available information and a bit of new - quite a lazy update . Surely TP should be providing their investors / wider market with a view on valuation,or are they being risk averse in going to soon with an update only to be shot down / credibility issues?

Snapshot
Alien Metals says scoping study indicates 'exceptionally' strong returns from development of Han**** iron ore

Alien Metals has over US$1bn worth of iron ore in the ground at Han****, at today’s metals prices

Turner Pope says Alien Metals upside could be greater than previously thought

Alien Metals welcomes maiden inferred resource of 10.4Mt for Han**** iron ore project

Got to agree, that's a lazy copy paste note with no substance change.

We have a mine :-)))

https://stockhead.com.au/resources/could-short-term-pain-give-way-to-long-term-gain-for-iron-ore/

I interpret the text as announcement FOLLOWED BY the webinar.

Alien Metals Ltd (LSE:UFO) will announce the results of a scoping study on the Han**** iron ore project in the Pilbara region of Western Australia on October 19.

The announcement and a subsequent live webinar will provide more details on the project.

World Steel Association (WSA) has elected Sajjan Jindal, Chairman and Managing Director of JSW Steel Ltd, as Chairman for the year 2021-22.

Sajjan Jindal, Chairman and Managing Director, JSW Steel said, “The next few years look to be interesting for the global steel industry. Governments and policy makers have come to realize that in order to rebuild their economies, they need to increase their spending on infrastructure. As we contribute to the progress of society, we also need to build a better and cleaner future by working towards decarbonizing steel production. We, as an industry, have a responsibility to shape the future in a meaningful and impactful manner."

https://www.livemint.com/companies/news/sajjan-jindal-appointed-chairman-of-world-steel-association-11634133722259.html

Bell-end. Thats nearly 3 weeks old, check the current price taking into account the words written in that old article. If you are going to post a view point, at least make it relevant.

Apologies should be Q3/4 of 2023

Tuff, not really a fact. The facts are below, extracted from the interim report 31st July.

$3.7M Cash, burn rate appears to be $1.6m PA. Assuming current drilling programs costs and overheads gets us to Q3/Q4 2024. The difficulty is we don't see a forward projection of costs or cost to complete to make the full picture. 16th will be quite telling especially with the build up.
Extract:
As at 30 June 2021, the Company had total assets of US$8.5 million (2020: US$1.6 million), of which
US$3.7 million (2020: US$0.7 million) was cash. The Company had total liabilities of US$0.2 million
(2020: US$0.1 million), of which US$0.2 million were current liabilities (2020: US$0.1 million).
In the six months ended 30 June 2021 the Company made an operating loss of US$0.8 million (2020:
US$0.4 million) and a loss per share of US$0.0002 (2020: US$0.0003).

No one has your money until you sell. Your investment sits with you and it is your decision to take a loss based upon emotion.

Fundamentally what has changed with the business criteria since you researched and bought your investment? Nothing. The model is the same, the cost of delivering the model is proven with data, the result of the model is proven with data, the next steps in the model are being worked upon, admittedly at a slower pace that we would like (global pandemic / inflation / slow down takes care of that), but the model is being played out.

Are we expecting a TP research paper update in parallel with the webinar?

15p would do me...

IMHO -standback and look at the weekly (I assume most of us are here in the longer time frame). We are at .88 to 1.3 range, with some good prospects and projects, TP note revision coming soon. Today a partner stepped away from a deal that was not showing any probability of fruit, no cost to us, that's what I call sensible business. The SP will come back after some initial wobble.

Anyone else notice the uptick in news flow around Alien? Purely based around looking at twitter content, since around last week of Apri output increased - today we have 3 publications. Has BBG hired a PR / messaging team or person? Whatever it is, it only going to increase the profile / readership and interest in the company. Good news.

Zzzzzzz Chris2 doom and gloom, have a great happy weekend buddy

Investor deep dive

Alien Metals Ltd has a diverse portfolio of commodities to develop

read more >
viewAlien Metals Ltd
Alien Metals 'has real momentum, supported by strong commodity prices across asset portfolio'

Alien Metals Ltd (LON:UFO) is chosen by Mining Capital's Alastair Ford, highlighting their recent 'momentum, supported by strong commodity prices across their asset portfolio'.

https://www.proactiveinvestors.co.uk/companies/news/948837/alien-metals--has-real-momentum-supported-by-strong-commodity-prices-across-asset-portfolio--948837.html