Member Info for Vosgi

any views on the ig market interview - details on ig markets

https://www.ig.com/uk/news-and-trade-ideas/investing-in-iron-ore-through-alien-metals--ufo--240213

anglos have right to negotiate/ discuss financing of $10-15m does not mean another party cannot come in and fund project

this is good to have a major party interested means others will be looking

key things from article

market cap $20m

potential value $200-300m

more iron ore than what has been "reported" under strict jorc code they can't say amount but reading between the lines its double digit tonnes

in terms of finances, alien metals is a small company with limited funds. however, the capital needed to develop the han**** project is manageable for them, estimated to be between aud 20 to 30 million. the company expects to be profitable as long as the iron ore price remains above usd 80 to 90.

the company's share price has not been reflecting the strength of the iron ore market, and forster attributes this to uncertainties in the management team. while alien metals is not actively looking to be taken over, they are open to joint venture partnerships. interested parties have expressed their desire to cooperate in developing the han**** project.

vorster believes that alien metals is undervalued compared to its potential earnings from the han**** project. he suggests that the company's market capitalization should be around aud 200 to 300 million, compared to its current value of around aud 20 to 30 million.

the next steps for alien metals include securing the final permits

Iron ore up nearly 40% this year to $129/t this is great news for project with cash cost $65/t

Should crack 0.3p

https://www.reuters.com/markets/commodities/iron-ore-defies-commodity-gloom-amid-china-property-hopes-russell-2023-11-14/

Analyst note says it all

Azure project next door valued at $2.8b vs ARV $40m

Arv about to drill - took azure 12 months to climb to these heady heights - can happen but in time and with results

Artemis Resources (ARV) – Corporate – Quarterly update, focus on lithium

Market Cap £20.6m Share Price 1.2p

Artemis today provide their quarterly update for the September quarter. A new Executive director has been appointed in George Ventouras who has considerable experience in the resources sector…….ground assessment of the many identified lithium pegmatites.

The focus for Artemis this quarter has been on the lithium potential in its licences and those of its licences held in JV with Greentech Metals (ASX:GRE, No Rec) in which Artemis holds a 49% stake. These licences lie in a newly identified zone of lithium pegmatites in which the Andover project has been discovered; Azure Minerals (ASX:AZS, No Rec), Andover’s 60% owner has gone from a market cap of ~A$45m to a potential takeover of A$1.6bn whilst the Andover project still has no defined resource. The whole area is prospective for further large discoveries and Artemis has access to much of the newly defined ‘lithium corridor’ to the west of Andover.

Greentech will begin drilling a few holes on already permitted drill sites with Artemis looking to prioritise the over 90 pegmatites identified on its 100% owned licences with rock chip samples grading up to 2.4% Li2O and over 21km2 of exposed Andover intrusive suite to ground truth.

WHI View: The potential takeover of Azure Minerals for $1.6bn by SQM (NYSE:SQM, No Rec), one of the largest lithium chemical producers in the world, has set the whole area alight. Azure has gone from a small company with a market cap of A$45m to a takeover offer of ~$1.6bn even though there is no defined resource. Significant intercepts of e.g. 209m grading 1.42% Li2O show the kinds of pegmatites waiting to be discovered. Whilst Artemis (and Greentech) have yet to drill, they have identified lithium-rich pegmatites through rock chip samples to show that the potential for a big discovery is there. Drilling will prove (or not) the concept and we look forward to the first drill holes into the area expected by Greentech over the coming months.

Paul Smith

Analyst

Great result 70m plus intersection

Iron ore Direct shipping grade 60% Fe doesnt need processing - dig and ship

Metres x grade = $8400 (over 4 oz gold equivalent) can make $$$ out of that !

Looks cheap was 0.4 now 0.2 assets the same but iron ore is going up $120/t plus other plilbara assets

UFO Looking under valued now

Iron ore development team in place track record looks amazing having taken a junior and transformed to over $500m!!!

Great opportunity for those who take it

great to have silver (safe haven asset) and PGMs along with iron ore development project

Going no where fast, burning cash and gave away project 51% (zero payment to company or shareholders)
Maybe $2m if they exercise the option and Europa has to stump 20% of call expenditure
New management needed

awating assay results from Patersons, Rome not built in a day but if they get some smoke potential is huge
in addition a large gold copper project in Tier 1 in WA
cheap at these prices

company is looking good
whats the potential share price with or without 36-2? success

does anyone have a valuation on Haverion?
surely if newcrest didnt pay to buy 5% would indicate that value was too high for the project
GGP value capped at 30% value of haverion
it needs to acquire more projects and find new deposit

market reaction tells you the story
negative - nothing up front and placement to mates
nothing for shareholders, company has had over a year to find new projects and nothing to show except more cash being burnt
shareholder need to contact chairman and let them know they need to act now and turn the company around

Whats EUZ next steps ? After Toral ? Shareholders should give there feed back to the board before the AGM people should start putting there votes in !

That’s a big trade 500k great deal for incoming directors and CEO in Aus! Also WHI investors and insto taking shares. Artemis is an exploration company only way they get funding is placement or sale of assets in this case some shares makes sense great deal for all - fantastic outcome to bring in new investors!

Over 200m shares traded reckon some smart investors and instos getting set! Getting investor interest in the stock in this market is positive bring on iron ore, silver and palladium ! Looking forward to next set of news cant complain easy dig project, port sorted just need a small track to the highway minimal capex too - no other AIM stock has this! Investors need to read announcements

Haha picax these guys have loads of funds available if required the broker has raised over £4m plus they got an extra funds this year, funding is not an issue
So more a question of what’s the return going to be from here 1 - 10 x ??? Be good to get people’s thoughts on potential returns

Anyone got any thoughts here on ARV? Keen to get expert views

Previous drilling did not get to target depth - rig isssues
Co should say what sort of rig they are using we are not talking small rig here its 1km+ from surface to depth !
Also we need paddy gal to get out his sat nav - has Newcrest drilled on boundary?
Why would they do that if they weren’t interested in ARV ground
Early days lots of drilling
Cashed up $10m+ cash and shares

Company needs a change
New project and some new directors
Zinc project is great and has LT value but right now market is not interested
Another good asset to have is CASH - needs to keep its cash in tact
Needs something exciting yesterday

RE: smiller. Interesting has a Track record 5 x and 10x not too bad recall large major project to PFS/ BFS taking it to $1b?
Sounds like a repeat at MM PGM ????
What the share price if it gets to that !