Member Info for steveknowsnothin

Feels like it with the next set of Assay results on the way.

Number 1 on the leaderboard today - https://nearer.io/leaderboard

All we need to remember is US Election on the 3rd of November, if trump looses he is going to be sitting in office for a couple of months. Brexit incoming, potential lockdowns & silver raging.

This IS the best silver play on AIM. I don't want a rocket, I want a slow and steady rise, building support at every level.

Ha ha, my wife just laughed at me from my reactions to this stock over the last couple of days.

Just a normal healthy rise will be fine, hourly RSI is still in the basement, but daily is still above middle, this is expected with such a correction. Slowly, slowly, catchy, monkey.

The interesting thing from L2 is that Cantor Fitzgerald (CFEP) does not seem to be putting out any volume today, yesterday they seemed to be constantly ahead of the price drops and would drive the rest down.

Probably means nothing or am interpreting it wrong.

You guys need to stop being so price sensitive and watching the price by the second or even day.

Just wait, this is a patience game.

AST & ORM also

https://www.proactiveinvestors.co.uk/companies/news/932163/alien-metals--farm-out-will-accelerate-donovan-2-development-says-research-house-932163.html

Well we are at the bottom of my leaderboard again for the third day, only way is up from here.....

https://nearer.io/leaderboard

it will go up when you are not expecting it

Seeing some chunky 20k+ buys now

Seems to be holding price now, the next RNS won't be priced in though!

Looking like a hammer on the 1 hour and daily chart

Little bit of proffit taking here now from the people who are worried about another step down and then take off!

Great news, they get their investment back and if they do nothing, they still get 20%.

Absolutely solid company to be invested in, as they now have cash flow to grow grow grow.

And a warrants issue,

https://www.londonstockexchange.com/news-article/UFO/exercise-of-warrants-options-and-issue-of-equity/14728203



Alien Metals Limited, a minerals exploration and development company, is pleased to announce that, following the receipt of Exercise Notices, it has issued 83,262,709 ordinary shares of no par value in the capital of the Company at an issue price of 0.25 pence per share ("New Ordinary Shares"). The New Ordinary Shares will rank pari passu with the existing ordinary shares in issue and application will be made to the London Stock Exchange for 83,262,709 New Ordinary Shares to be admitted to trading on AIM. Admission of the New Ordinary Shares is expected to become effective at 08.00 on or around 28 October 2020.



Following Admission, the Company will have 3,160,422,844 ordinary shares of no par value in issue. The Company has no shares in treasury, therefore the figure of 3,160,422,844 should be used by shareholders for the calculations by which they will determine if they are required to notify their interest in, or a change of their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Highlights:

- Capstone can earn an initial 65% interest in Donovan 2 through a combination of cash payments and committed expenditure, consisting of:

o US$290,000 in cash payments to Alien over three years; and

o US$3,600,000 in valid exploration expenditure over three years (including US$150,000 being incurred by 31 December 2020)

- Capstone can increase their interest from 65% to 75% by making a further cash payment of US$200,000 and funding the costs associated with a Preliminary Economic Assessment (PEA)

- Following delivery of the PEA, in the event Alien elects not to contribute pro-rata to its 25% interest, Capstone Mining has the ability to sole-fund the costs of a Prefeasibility Study (PFS) to earn an additional 5% in Donovan 2 (bringing their holding to 80% and Alien 20%)

- Thereafter, each party will fund their pro-rata interest in the Project or dilute according to industry standard mechanisms. In the event Alien dilutes to below 5%, it's interest will convert to a 2% Royalty

- The Transaction with Capstone delivers the potential for immediate advancement of the Donovan 2 Copper-Gold project while allowing Alien to focus exploration activities across its project portfolio

"The Company is extremely pleased to have executed the Agreement with Capstone Mining. This transaction sees the potential for considerable expenditure to be invested into Donovan 2 over the next few years as the project progresses through to feasibility studies. I thank the team at Capstone Mining for their efforts over the last few months and I look forward to working with them.



"Importantly, the transaction is in line with the Company's model of unlocking value in its project portfolio; with Capstone overseeing exploration at Donovan 2, the Company's management team can focus its exploration efforts at Hamersley and Elizabeth Hill in Western Australia and commence maiden drilling at Los Campos and San Celso."

https://www.londonstockexchange.com/news-article/UFO/earn-in-agreement-on-donovan-2-copper-gold-project/14728258

Big orders are filled over a time period, they don't just match up one by to one sell.

BTW, they have 2 trading days to release a TR-1.