focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Only 49 places behind Coinbase.
How much are they worth again?
https://coincheckup.com/coins/bitcoin/markets
Yes AWP.
I wanted to tease out sentiment for JV, via my post, expecting a few on this board to play and was expecting a few to respond 5.
As i detect without the transparency and leadership of a competent CEO, to stick to the plan of raising the capital to mine IO, and doing it ourselves, that many investors want to catch up the lost time and JV, so as to wrap up their investment to BE, or modest profit quickly.
My concern with JV for HanC is who is negotiating on our side, and which side has the most leverage.
That’s why I chose IPO with a vested competent front man, thing is they would have to come in tow the line, say the right things, and then take a decent share, then show their hand and fight for our corner. With the Board all affiliated currently we have to “hope” all comes good, and we get our fair share of the value creation.
Inspector Gadget..who who!
Excellent.
Wow, what’s the next acquisition going to be?
Agree CJ.
Everyone knows $85 can be reduced to $20, with the correct JV partner.
Possibly just a secret master plan to do with financials around Performance Payment and share sensible margins with someone nearby, that also may benefit from our road access.
I’m eager to hear next steps across all tenements, waiting on dewatering news, and whether it needs regular maintenance, if the geologists were across Pinderi Hills, they presumably were looking at accretive work programmes.
The water in an arid country can also be seen as a valuable commodity.
Reclaimed water and reuse
The scarcity and cost of water means that reclaiming and reuse are on the increase. Water is reclaimed from tailings ponds, lagoons and the downstream of minerals processing by vertical, horizontal and submersible pumps. It is treated prior to use.
Water may be a nuisance, but it is also essential for the mining process. The management of this precious resource is of critical importance. Sulzer offers a comprehensive portfolio of innovative pumps and agitators for mining applications, from lightweight and robust submersible dewatering pumps to wear-resistant high-lift centrifugal pumps for the removal of sludge, mud, silt, and water in abrasive and corrosive environments.
Think if I wasn’t heavily invested I would be buying next week, now Hanc0ck is a go!
5. Joint Venture
On the basis we have Guy, Liz and Rob, and the team, and am not sure how geared up we are for running a mining company and doing a Fenix.
If we get an experienced famous Australian CEO with proven relevant track record, I’d chose
10. IPO ASX
Surly with such low capex, and scope to reduce AISC with more resource, we could find enough savvy Australian mining private investors, think London market having put £63m quid in over the years deserves a break and some good fortune.
What are your Hanc0ck funding preferences?
1. Capital Raise.
2. Rights Issue.
3. Debt Funding.
4. Royalties.
5. Joint Ventures.
6. Venture Capital.
7. Private Placements.
8. Other asset sale.
9. Crowdfunding.
10. IPO ASX.
99. Or my personal bonkers idea IDO.
Initial Dex offering, a decentralised liquidity exchange. It offers better liquidity, security and community involvement than other fundraising methods like ICOs and STOs. Airdrop UFO tokens to Alien Metals shareholders and then catch the liquidity pump of the alternative cryptocurrency summer.
Welcome to vote below this thread, with a simple number or rationale or justification.
Https://www.alienmetals.uk/wp-content/uploads/Coprorate-Slide-Deck-Dec-23.pdf
Page 9
We as shareholders have given Alien Metals rightly a hard time, but credit where’s it due, whoever wrote this old presentation, probably Troy achieved the licences milestone, with two months to spare. As this was outside of their control, it gives more confidence that the remaining strategic objectives will be achieved in a timely manner. They tweeted the GEOLOGY team were on site last week, so there could be more developments that could land at this most advantageous time, with Silver breaking out from its 44 year cup and handle (not worth mentioning the measured move price targets as they blow my mind), and Platinum potentially even more undervalued.
Page 26
Strategic partnering process was scheduled to start in 2 months time, but it sounded like options may already being reviewed in Guy’s last interview.
…….its being to get exciting now….
If CARLSBERG ran Alien Metals…. and CARLSBERG wrote ramptastic LSE bulletin board posts…things may look something like this….
ARV and maybe Rod took a bath on Munni Munni it’s in our books at $5.3m, I’ll be holding for 10x under a JV arrangement on that alone by the end of 2025, so wishful thinking would take £50m for outright sale. 224 potential outcropping pegmatite, ground electro magnetic surveying over VMS target, re-examining existing cores, happening as we speak, strategic partnering process planned to start in 5 months time. Can’t imagine Alien Metals current investors and the London market funding it’s development, hopefully the Lithium field work will add value and will excite suitors as the PGMs will take longer than the next a few months work to be accretive.
Elizabeth Hill acquisition 200m shares @ £0.0014 KMG and Dan Smith one could argue got robbed. EH stopped mining at $5 silver, which many analysts and banks are forecasting will be $35 by Q3 when the strategic partnering process starts. I’ll wishfully thinking take £50m for outright sale or let a JV partner worry about defining the open pits to excavate the near surface nuggets and dewatering and making safe the old mine workings and define the new deeper mine plan.
That should give us 10x on current market cap alone, before we even contemplate selling or JV’ing IOCA. We could list that on ASX and let some of mining savvy Aussie investors throw some capital in to expedite developing Brockman and Vivash Gorge, if CALSBERG were impatient and didn’t want to wait for Hanc0ck’s free cashflow to fund further development.
What do we think will be our next news?
All the best to Alien Metal shareholders, have a great Sunday!
Like these boys chances of a re-rerate.
Longish video, but does a good job in explaining a sell your HODL and get cheapest, longest trapped energy deal you can, whilst keeping HPC and AI data centre optionality on the table.
Understand their business model much better having invested the time watching.
https://www.youtube.com/watch?v=7LFZbBxlN78
Last post of the day I promise as the weather looks great outside.
This is one of my earliest posts under this log in name, and still applies to any waverers unnerved rightly or wrongly by reading disparaging posts earlier today.
………………………………………….
a lot of us are underwater, but i don’t see things the same as the majority.
bill was brought in after the williams brothers had mismanaged and lost san jose to *****ana now fsm. he concentrated his efforts on safe jurisdictions and easy to mine iron direct shipping ore, i.e. an area and resource he understood and had experience in.
we bought into prospective tenements around the silver squeeze pump, so paid for them in shares to our major shareholders at much higher share prices, so they presumably are underwater and also need much higher prices to realise value on their investments and tenement sale proceeds.
had we taken the debt route, we would have lost more than the $2m per annum loss, to keep the lights on, pay the salaries, pay the required minimum exploration budgets and fees and legals and contractor costs.
rod did what was asked defined the current strategy, sorted the corporate governance and compliance and oversaw troy’s involvement in fine tuning the contractor, native title heritage surveys negotiations. a lot of the delays where outside their control, again we wait our mining licence which will follow in good time. rod was potentially duped to underwrite the arv sale, and has probably needed share sale proceeds for his other london listed venture and now bluejay share purchase. as soon as troy was no longer needed he was gone, and his nice post sounds like maybe the break was amicable.
we have even ditched board members by hook or by crook, when we have extracted the value from their work, saving performance payments, share options and warrants.
the point is, we have not been wasteful and things could have been a lot worse, especially the annual loss per share.
dilution is par for the course, until we are producing and realising income.
as long as we keep our share ownership percentage up at lower prices, we should be rewarded along with our larger shareholders, as long as the none exec directors / board members keep to their corporate governance legal obligations. as long as they safeguard their shareholders interests, we should be ‘right to sit tight’ or ‘trade to get paid’.
the biggest risk i foresee, is us getting robbed by breaking the business up into smaller parts. in theory the capex is so low, that it will obviously get mined, it’s just who will see the benefit.
that’s why i was pleased with recent director purchase, and it would be nice to see current board members buy in again at open market or at the next modestly say 10% to 15% discounted placing. if they did this, with metals prices going the way i think next year, i may join them in buying in or adding again under the placing price.
…
7.07% is Windfield Metals Pty (the entities) share in their Alien metals investment, they were named TR1 controlling persons ( beneficiaries ) at the time, RS is not mentioned.
So the performance payment was to me a compromise to get the 39% to give us 90% so we could progress with the licensing, approvals and funding. The 260m shares at 0.48 with the cash and warrants proactive tallied to be 1.79m in below link.
https://www.proactiveinvestors.co.uk/companies/news/990879/alien-metals-gets-option-to-take-90-direct-holding-in-hamersley-iron-ore-project-990879.html
I’d rather a tough business man, with a vested mutually beneficial interest was running my investment, than a lifestyle CEO taking A$300k a year, to look down a drill core, without progressing things and getting deals done.
The below was my second post under this log in name.
…………………………………..
If you were running this from your bedroom with no scruples, you’d hire a geologist (Bill) to find prospective tenements, pay him a salary, part ways when his job was done.
You’d then hire an experienced corporate governance and strategy executive (Rod) to negotiate funding, tidy up the articles, rules, practices, processes, strategy and website. Then fall out with him, and let him go, before performance payments were due.
Then you’d get in an Iron Ore middle manager (Troy), promote him, offer him large incentives, then once he’d arranged all the finer details of native title, outsourcing all key tasks and contracts, you’d ask too much of him, or take him out his comfort zone, and once he leaves save his performance payments and salary.
Who’s next, a lithium, Silver, Nickel. Copper, Platinum. Palladium, Gold developer or JV deal maker or will they sell this on now.
No doubt the search had already started, or Troy had sniffed out changes were a foot, bearing in mind the Bluejay RNS retraction, which obviously signposted todays news.
To me this feels like a game of musical chairs, with a few winners and losers along the way fighting for scraps, some will be left sitting down at the end holding shares when the value in the underlying assets gets crystallised…..will it be you?
………………….
Best wishes one and all.
Https://www.alienmetals.uk/wp-content/uploads/20221223-Windfield-Metals-Pty-Ltd-TR1-UFO-FINAL.pdf
Please see names of ultimate controlling persons on page 3.
Have been quiet here, last week, as bought and sold, without touching core investment, to make a few K’s back.
Heard this last week in an interview, and thought of UFO.L.
Pierre Lassonde, favourite part of this curve is the “killing field”, where you potentially get both price and land optionality for free, plus current discount to NAV. This is the point, where drilling has been done, licensing, costings have been done, just before financing.
Hope the passing the hat around, gets resolved next week.
Thanks for posting Base_jumper.
Hope you got your total investment back and some. Will you rinse and repeat now, or are you done?
Blimey things have taken a turn for you (us all) since your first UFO post under your base_jumper login.
………………………………………
“ base_jumper
Posted in: UFO
Posts: 110
Price: 0.46
No Opinion
Director buying/Artemis selling8 Nov 2022 07:01
Three things to take away from todays RNS
1. These guys are clearly great at negotiators and know what they are doing to get this transaction done at this price.
2. Artemis was clearly desperate and has obviously been selling into the market for some time so that pressure is gone.
3. Basically the entire senior management took a big chunk of the stock.
I'll be buying more today. this is a good sign.”
……………………………………
As long as RS keeps us going until I can extract what I want from my investment, I’d hope he makes a decent return as well.
Best wishes one and all.
Well done Lloyd and Arran on your performance shares on mining approval, if your still employed.
😉
Gotcha Napthman, you should be on masterchef.
Have a fabulous Sunday too.
Throwing us crumbs eh Napthman.
57/58/59 😉 with the geneous of acquiring 01 that unlocks the lot with JV partners, all now KNAC approved.
The FUDers and doubters may have to silently and privately show a little admiration to the ones steady in their resolve and see this as a asymmetrical speculative punt that could become a serious investment at any moment.
Thank you AWP.
I can see Mallina are active advertising 3 new exploration licences.
Other news soon?
The Mexican assets had a NAV of $768k December 2022. Held in 100% owned subsidiary Compañia Minera Estrella de Plata SA de CV (“Arian Mexico”).
Pretty sure $200k of this were Lithium projects bought by Arian Silver 2017.
The Projects
Summary information relating to the Projects is set out below:
Pozo Hondo
The Pozo Hondo project is the largest of the projects at almost 1,100 ha in size and covers one salar, the Laguna El Salado.
Columpio
The Columpio project is almost 400 ha in size, encompassing two salars, Laguna Tenango and Laguna La Virgen, approximately 24km from the town of Villa de Cos.
Abundancia
The Abundancia project is 150 ha in size and encompasses the Laguna Noria del Burro salar, approximately 40km from the town of Villa de Cos.
The location of the Projects west of the main Zacatecas – Saltil highway 54.
Arian Silver sold the Calicanto Project in 2016, which had a carrying value of US$602,000 as at 31 December 2015 for $400k to Endeavour Silver.
So one would suspect news on asset sales below NAV in Mexico at some point as Rod I believe was consulting on this and I seem to remember Alwyn or Guy hinting at pending news.
All small beer, but would reduce the $107k per annum G&A annual licence, admin, currency exposure and audit costs and $400k (say) sale proceeds would, without the current expense of a CEO and salaried board members, keep the lights on another quarter.
Haven’t researched Alien Metals much recently, with all the developments with Silver and Gold producers and BTC miners, but you can smell news is due any day now here…
Hopefully it’s the big one,….Mining licence proposal granted.