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Cheers Bumble
I just posted this on POW bb. Worth a read imo.
https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwjKyqOsi__1AhUHCsAKHWXaCA8QFnoECAUQAQ&url=https%3A%2F%2Fwww.sciencedirect.com%2Ftopics%2Fearth-and-planetary-sciences%2Fserpentinite&usg=AOvVaw1_B6zD1Pjs3wwjrOE1F8vN
https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwjKyqOsi__1AhUHCsAKHWXaCA8QFnoECAUQAQ&url=https%3A%2F%2Fwww.sciencedirect.com%2Ftopics%2Fearth-and-planetary-sciences%2Fserpentinite&usg=AOvVaw1_B6zD1Pjs3wwjrOE1F8vN.
Drill hole mhdd01 catches my attention as it says SERPENTINIZATION . Which is a significant indicator of platinum, nickel, chromium and cobalt. Be interesting to see assay results when they come out . Probably take a few weeks with all,the backlogs of most assay offices
Maybe now some of the ones moaning about where are the results. Will stop flaming moaning as much of the work in progress is out of PJ,s hands
Yes afritin is undervalued by a long way imo. Especially when you can see many others in the junior commodities sector with much higher market cap that are no where near mining and earning revenue. These days (10 years or so) most can't be bothered to invest for the long-term on share that has a very good long-term prospect. These days it's only days or a couple of weeks at most. To many get the jitters when the sp on ANY given share takes a dip for no reason. Mostly sentiment as they see others rise and wants to get part of the action. Yes you can make money, but can also loose a fair chunk if timing is bad. (Spiked) I said back in 2019 that this was a 2 to 5 year investment along with a couple of others. That still is my vision, well for me personally anyway. I know a few on this bb have been in as long if not longer. Some BMN share holders still have some afritin shares from the split. Like most old and new investors. It’s the tantalum and lithium ALONG WITH THE TIN that should see the sp gain higher mc. Once all 3 commodities are being produced. This would make afritin a more stable share imo. As if the price drops on one commodity, there is two others to make this minor still profitable. Plus the fact its got decades of mine life ahead of it. Much of which has not even been tested yet. Don't post very often on this bb anymore. Really don't need to (thank god you might say) but still read posts on weekend. Anyway, the best of luck to all.
Like I said previously, I don't post hardly ever on UFO bb . But just to add my thoughts I would like to see Han**** and brockman spun out into separate entity. IPO. with this huge amount of ore and easily the possibility/certainty of much bigger resource. Funding would be NO problem imo to go it alone. By doing this UFO would not need to rise Funding, thus issuing a shed load more shares. Larger investors can look at the work already done along with samples. (More to come). I would hazard a guess that the phone would be ringing off its hooks. Old phone that is. With a separate vehicle it could then rise most if not all Funding needed to start this DSO operation soon as. Off take partners would obviously play a part in Funding along with private investors, large and small. UFO would retain 51% as the main shareholders making the other 49% up for grabs. That then becomes an asset to to UFO. The reason I say this is the fact many large investors don't like investing in one company with multiple projects on the go. Rather invest in one commodity, be it gold silver copper iron etc etc. With a long mining life. Bill could then spend more time/money on the silver projects , as we know it's not just silver. With the grades of other elements it's much bigger/better than just the silver. With the spin-off as the share price increases, (once in operation) that then would make UFO benefit as the largest share holder. THEN I would put a FOR SALE sign up for any major. If you want it you pay for it. Not steal it. One camp I have shares in is already doing multiple IPO,S and I can see the benefits of taking this route. Anyway, am probably talking a load of rubbish but that's what I would do. Best of luck to all
One of our jv partners up over 30%
Be very nice if KAV did hit a large nickel dopiest.
https://stockhead.com.au/resources/nickel-prices-are-at-11-year-highs-as-ev-demand-heats-up-can-we-find-enough-of-the-battery-metal-to-feed-the-beast/
Don,t know if any interest to you guys.
https://youtu.be/kbeMdHkLQuo
Most are concentrated on the silver which is great. But the other minerals/metals HAVE to be taken into the equation. Including upto 222g cobalt. If the tonnage is there (no reason why not) with more drilling results. You are looking at a very profitable operation with all the other elements as by products could easily pay for Most/all running costs. Just saying, and yes I do hold UFO shares though don't post. No need
Believe stockbox interview taking place now. Sorry, no link
Just squinting for now m8. still buying those coins btw. This years Royal Mint set arrived yesterday.
To coin a phrase I read some time ago.AIM mainly is somewhere where you try and find a company with good prospects/potential for tomorrow. Not for today. Afritin falls into the tomorrow camp as far as I'm concerned. It's about what the sp MIGHT be in 2/3 years time.
This might sound stupid and totally of the mark with what we have all been talking about. In terms of copper, nickel, pgm etc etc. Given the high magnetic readings. Is it possible that Vanadium could be in the mix as it also gives of a high magnetic readings. Like I said I hope it's not a stupid question.