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I would suggest some of these sells are in fact buys. Makes absolutely no sense to seek big chunks at this time. It would seem news is finding it’s way out into the ether. Best of luck to all who have held the line.

I would suggest that a lot of these big sells are actually buys. It makes no sense to start dumping big chunks now. I think these are mis-categorised. And it does feel like some news is floating about somewhere.

First of all, I’m taking a conservative approach to when this MRE will land as the RNS said September quarter. There’s no guarantee it’ll be released to us in September. Based on what I’ve ready it seems anywhere between 6-10mt is expected and if so, I’d expect to see sp at between 1-1.5p. And as I’ve ventured before, it could very well slip back slightly until we have offtake and logistics and port agreements in place. Obviously I hope for more but that seems in line with how things have been going.

Depends entirely on your sense of scale and ambition, Chris2. I personally have friends who run some of the biggest funds in the world and their philosophy is overtly, choose great companies with good potential and hold long. I’m very happy to side with their strategy as they’re doing quite nicely. If you’re happy with a smaller profit, and that’s your strategy, then all credit to you if you’ve realised it. Some of us are pursuing a different strategy as we believe in a different horizon altogether. Good luck to one and all.

Is it safe to assume we’ll see a dip after the 13th when these new shares hit the market? I can’t see a retrace below late 3s of anything. Likely to then bubble up through Oct, and when trading interims are released and warrants go (both in Oct) we should see a punch above the clouds? Thoughts?

Pokerchips, can you explain what the 82.5m shares are?

Would anybody care to share thoughts on how the impending infrastructure package being voted on end of Sep might affect our fortunes? And that of any other commodities specifically? I’d love to broaden my understanding of that in anticipation of it going through. Thanks in advance. TT

Clarke also in for another 25k. Putting his money where his mouth is. Leading from the front. Couldn’t be happier to be a part of this. With the warrants gone in Oct I see 6p before December.

Another great step in the right direction. I expect some subtle movement today but nothing earth shaking just yet. I will be going in again today so I hope there’s isn’t any great rises just yet. What an exciting time to be an alien. GLA

Thanks for the explanations. Feels like another fantastic acquisition and trendz is right, phenomenal deal on the face of it. Generated £2.3M last year?? That doubles GDM’s first year rev. Fingers crossed the market likes it over the next day or so, and roll on warrant deadline.

Would someone mind explaining the bid subscription thing? Is it an option to buy marginally discounted shares to raise money for all this?

Multiple post comes with those obvious caveats HH. I’m simply trying to zero in on the kind of events that might move the SP in relation to iron ore, as events so far appear to be providing a lack of movement so I’m looking for patterns that we might reasonably expect to benefit from. And you’re also right about silver. Not even factored in to the above. I’m here long term now and not looking for fireworks. I’m looking for smart strategy, continual rational progress and nothing before time.

And yes, it was for 50%, Smiller.

So it appears I was slightly wrong on timings. Fenix announced a JV with trucking specialist Newhaul ltd in May 20, which appeared to slowly double the sp from 3p to 8p. then they announced a marketing deal with Atlas Iron in August when the sp rocketed again, from 8p to 19p. then they announced the offtake in October 20, which caused a brief spike but then drop, and seemed to have little impact for a month or two. Then they bring in more experts and NED’s in Nov, but things really heat up when they secure port access in early dec giving them a 9 year high. That only increases as they go straight into production across Dec and Jan taking them to 28p. We all know a bit more about this year, production goes well and they sign another JV on Pharos adjournment in April, taking them up to 48p.

In all, JVs, offtakes, marketing agreements, haulage and port access are what will move us. Not sample results. As suspected. All news that pertains to actual moving of commercial material = substance.

Even though we could be a year away from production, these milestones are all nearer and should keep our spirits high along the way.

Interesting this should come up as I was researching the trajectory of Fenix’s SP across the course of last year recently to try and ascertain which piece of news most affected their positive gains. They announced their offtake deal around June/July 20, and while the Sp drifted down momentarily it then exploded on August 2nd. It appears that the news of the Sinosteel offtake was a real accelerant. Went from 7p to 19p in one month.

Where do you get 1.7p from Vosgi? I cant see it in this broker note?

And so it begins... anyone got a read on the potential tonnage involved at Sirius?

Wolfy, you talk about this company like you’re angrily tapping your watch saying, come on, why haven’t you made me money yet!! This is high risk, high volatility stock, prone to erratic behaviour and false peaks. UNTIL, there is substance and tangibility it is a waiting game. No guarantees. As HH has mentioned, a broad analysis puts us up over a 12 month picture, despite the drop since October’s anomaly. Simple fact of the matter is you need to be prepared to wait. If you haven’t got the stomach go and bang it all on Rightmove.

Has anybody got any explanation or opinion on why this has lost so much value? I can’t see much reporting on the matter. Much obliged.

One small point to add - ask yourself why a company with no income would turn down and almost guaranteed £1M in potential profit (tailings)? There comes a time when you must place energy where it counts most. For Alien to forego that prize, would indicate to me that that which they now chase is eminently more substantive. And they’ve seen the evidence to prove it. Silver and Iron are most likely to be what will define this company, and your returns, in the next 12-24 months.