Member Info for Steveiom

Wow that big buyer is still lurking about, wish they'd sell some so the sp can move on :-)

I can sell 4 million in one go but not for the price they wanna pay as I'm sure many more could. Doesn't mean there's a big buyer there just means that there's fluidity and given the large spread the MM's know they will make money. Now if I was offered a premium for a decent number to sell I might think there was someone desperate to hoover them up, but certainly not at what is being offered at the moment.

My bad Tiggrr, all very interesting. However if we are looking towards first quarter 23 is it not reasonable for us to see a bit of activity on the ground? The next few months will fly by. Even if only a few portacabins and shiny shovels. I appreciate organising a drill off shore is a bit more complex but at least on the build up share holders get regular updates on environmental licences, h&s approvals, drill ship charter and crews, the news flow on the build up to spud is mostly very regular. Bringing it back to us, with a target date for let's say March 23, we aren't really getting much news at the moment, a rns saying we've bought a portaloo a kitchen and shovel for the site would be a start :-)

These guys have already made a start making preparations for accommodation ect and yet they are looking towards Dec 23 early 24. Have we started preparing yet on our site? If we haven't can someone explain how we will be even close to shipping DSO in the first quarter of 23.

Max you said there wouldn't be a placement last time when I let you know the day before it actually happened. Remember I gave you the heads up on twitter.
They might not need the money as some say but that's never stopped an AIM listed business doing a placement before. The only thing that makes me think it won't happen yet is the sp. They'll really struggle at the current sp to do any decent placement.
WHI an TP will really struggle to get more money out of the same lot that invested last time. They're still sitting on big losses, they're not going to throw more money in until they get close to a return.

C'mon Wents we're all fed up with this lot, always the promise of news and big buy orders keeping the price down, as soon as those big sells come this will rocket :-) you know the score mate don't believe the hype it will happen when it happens, I'm not expecting any news for weeks apart from pretty pictures by twitter which counts for nowt. I'm off to catch bass while the weather stays good.

Have they applied for a licence to mine yet?

How long is a piece of string :-) There's waiting a little longer then there's waiting endlessly, let's just hope this new dude learns not to give timescales that he can't control.

Tend to agree with you Haddock, seen it so many times before with oil an gas drilling timescales setting dares before even checking on the availability of drill ships and crews. Although not quite the same there are so many things beyond Alien's control to be giving timescales and if equipment, transport and off taking is in place you'd expect them to have let shareholders know

Exactly DRB83, Got to laugh at the logic here. If an order is there and it cannot be filled you don't drop the price. If there's a huge demand for shares you'd be deluded to think that the price will drop. If that's the case it's like saying when some good news comes and there's a few more ppl interested in buying...... Jeez the share price will crash because of the buy orders, work that one out :)
If someone is wanting shares and the order isn't filled at the price they wanna pay they simply have to pay more. End off.
I can buy any amount I want at the moment up to 5 million and I can sell any amount but I've only got 4 million and I ain't selling at a loss. They can drop it as low as they want and their tactic won't work and as for taking out stop losses hardly anybody with a half decent holding will have a stop loss so that logic does not add up.
Simple truth being, communication has been crap, nothing positive for ages, no updates on what is happening at EH and no update on being shovel ready in what will be a few, months if you go on their timescales. Time to do better than tweets of the Aussie landscape.

Wents I'm guessing placement with warrants :)

Well if Billy boy dumped out he's not made anything :)

52 week low was. 4175 are we going to smash that soon or are we going to smash the 52 week high of 1.25 the in-house brokers should be screaming this is undervalued now but they are both silent

Timescales as usual are not to be relied on but it was a nice read at the time relating to EH
https://www.globalminingreview.com/exploration-development/10122021/alien-metals-to-re-open-elizabeth-hill-underground-mine/

Wow some dumping going on today. And even at this price the directors aren't loading up or are they?
On a positive note this continuous drop in the sp is going to make any future placement near impossible to get away. Can you imagine the same brokers phoning the same ppl for more money after they stumped up at. 85 lol any credibility all down the pan :)

Max totally disagree with your view that Australia would continue to trade with China if they did a Russia on Taiwan. Your saying then that they would risk falling out with the US, the EU and not complying with any sanctions agreed by the G20 which Australia is a member of. Honestly if you think that Australia would risk the wrath of the majority of the rest of the world you need to read more. It's already being put out there by experts like Professor John Fitzgerald from Melbourne University that if what has happened in Ukraine teaches Australia anything, it's that businesses and others with a high level of exposure to China should be planning for the worst while hoping for the best. His words not mine.

Good article Max but it's a bit too rosey and it fails to mention the very real possibility that if China does a Russia on Taiwan how Australia will stop selling them Iron Ore.
Got to keep it real here, we could end up with Australia having to put economic sanctions on China the timing of which would be a disaster for UFO.

Dickie it's easy to say now but I don't give any weight to UFO's timescale predictions because their communication with shareholders is pants.
Pretty pictures and tweets mean nowt but they are all at it these days on social media.
I'm not fussed anymore until its in an rns. I got a lth and I got a few more to play with but I don't expect to sell the play anytime soon because you simply cannot rely on timescales that you do not control like assay labs and drilling contractors

I'm not invested here for muni muni. I'm only here for the last 3 years and muni muni was not part of the plan then. We have some of the highest grade DSO possible. Why on earth should we be spending money on muni muni before we start to generate earnings from our DSO. Muni muni is ours no need to be wasting any money there that can be used to extract DSO. Once we start making millions from DSO they can play at being geologists all day long for all I care, no need to spin another plate just because the Mexico one has crashed.

Good for you Wents. I'm amazed how the timing just conveniently fell into place. Imagine how lucky they were to get those assay results back within a few days of dropping news that BBG was no longer steering the ship. Amazing