Member Info for Xataxx

There’s been a lot of discussion about whether the Chairman’s recent CFD purchase implies insider knowledge of a farm-out or other material deal at PANR.

Based on UK market abuse rules, a few key points are worth clarifying:

Directors can only trade if they are not in possession of inside information (i.e. non-public, price-sensitive information that would likely move the share price significantly).

If a farm-out was agreed, highly probable, or in final negotiation stages, that would typically be considered inside information and would normally restrict trading entirely.

The transaction was disclosed via RNS as a PDMR dealing, meaning it went through standard compliance and disclosure requirements.

The key distinction is that directors often have awareness of ongoing strategic discussions and company progress, but that does not automatically constitute inside information under MAR rules.

CFDs also represent economic exposure to the share price, so the purchase still reflects real financial risk and alignment, even though it is not the same as buying physical shares.

In summary:

The purchase is a confidence signal, not evidence of a confirmed deal.

It does not legally imply insider knowledge of a farm-out.

It does, however, show the Chairman is willing to increase exposure at current price levels, which the market may interpret as supportive.

I am cetrain now that Spencer's mates jumped in before him and more will follow.

Ddraig- You literally took wordS out of my mouth. Ageed. Lets see YANKS!!

Over £700k Invested further. He is a billianaire but he would'nt throw good money after bad, if it was. Very promosing. Added more here.

If there was some material news it should have come out by now. I suspect this is either funds building up because of the data room book build up or mates being told to load. The rise is gradual this not PI (s) selling on making a few grand. Whatever , its working for us.

If there was some material news its should have come out by now. I suspect this is either funds building up because of the data room book build up or mates being told to load. The rise is gradual this not PI (s) selling on making a few grand. Whatever it is working for us.

Just my opinion I have a feeling we might see a TR1 soon. I could be wrong.

One more thing to remember. The Billionaire is in a locked period not his mates.

I doubt if its got anything to with oil prices we have seen these prices in the past weeks. It seems like a leaky ship and someone has insider information. If we look at Shorts during Dubhe-1 they were confident, how and why? No brainer. This is AIM. It is also possible due to renewed interets from Major oil giants, middle east war, trumps visit to Alaska and China. Whatever it is the Sp can get into 30s, 40s or even more in no time.

Finally a man on board who has skin in the game. Thats promising he will not farm out cheap. We may now see kodiac price action in the Share price soon.

I see the new appointment to solidfy the farm out and strategies. Top man on board. Very pleased.

West Coast Silver has delivered outstanding drill results from its Elizabeth Hill Project, confirming a laterally extensive, bonanza-grade silver system. Highlights include 27.4m at 1,314 g/t Ag, with peak grades of up to 33,107 g/t Ag (1,064 oz/t) and visible native silver in multiple holes, demonstrating both exceptional grade and continuity. Importantly, high-grade mineralisation has now been identified in granite host rocks, extending beyond the historically mined ultramafic zones and indicating the system remains open to the west and northwest, significantly expanding exploration upside. These results validate the historic Elizabeth Hill mine and support the potential for a much larger, high-grade silver system, with further aircore assay results due mid-February and follow-up drilling planned.

These grades sit comfortably alongside the best silver intercepts drilled anywhere in the world in recent years.

This is not a marginal exploration hit.

If we see mega buys popping up. Take that as an indicator that mega WCE results are going to come up. This is AIM ( mates market) lol. GL Dyor.

alien metals (ufo) – base-case project summary

silver price assumption: $118/oz

shares in issue: ~11.6bn

alien metals has three core assets: elizabeth hill silver, the munni munni pge-cu-ni jv with greentech, and pilbara iron ore optionality. the base case below reflects typical pre-production market valuations, not full mine build scenarios.

elizabeth hill silver (western australia)

past-producing, ultra-high-grade silver mine that delivered ~1.2moz in the early 2000s and closed due to low silver prices, not geology. current work targets extensions and repeat structures.

base case assumes a meaningful but realistic resource extension and a restart-style valuation at current silver prices.

estimated value to alien: ~£90m

base-case share price contribution: ~0.75–0.8p

munni munni pge–cu–ni (30% free-carried jv with greentech)

large, well-drilled historical pge system (~2.2moz 4e historic) now being upgraded to jorc (2012) with an active phase 1 drill program using two rigs. alien is free-carried to feasibility.

base case assumes historic resource is largely validated under jorc with limited expansion and early buyer interest.

estimated value to alien: ~£60m

base-case share price contribution: ~0.5–0.6p

han**** / brockman iron ore (pilbara optionality)

not assumed to be developed by alien. value comes from a jv, royalty or partial sale rather than production.

base case assumes modest early-stage monetisation.

estimated value: ~£18m

base-case share price contribution: ~0.15–0.2p

base-case total valuation (all projects)

elizabeth hill: ~0.8p

munni munni: ~0.55p

iron ore optionality: ~0.2p

combined base-case valuation: ~1.4–1.5p per share

bottom line:

the base case assumes no exceptional discoveries — just reasonable execution. even on that basis, the implied valuation is materially higher than where the company has historically traded, with elizabeth hill as the main driver and munni munni providing underappreciated free-carried upside.

I don’t see silver retracing to the $80–90 range. My expectation is that it continues higher, likely consolidating below the $150 level while establishing a solid floor above $100. From there, the outlook remains flexible, with the potential for an eventual move toward $200+ if the broader cycle plays out. A significant upside re-rating has been overdue for some time, and that long-delayed correction now appears to be unfolding

Physical silver is out of stock in Dubai Gold market. Traders are selling silver at $20 premium with if they can get their hands on any.

the best thing happened to alien metals in the last years 5 is bruce garlick. this man will steer the ship and has done in the background through other entities and he is now the captain of our ship. there is a high possibility of success with eh and other projects are also promising especially han****. my only fear is that if eh gets stellar results it will be consumed by a major at a cheaper value but it would likely to be around 0.80p- 1.10p.

this is the first time i strongly believe the rise is based on fundamentals.

1. silver price

2. elizabeth hill mine jv and the partner means business.

munni munni will take time but we pge and gold and top it off with han****. come on even the lowest base case applied on top of eh should take us well above 1p. gl

Elizabeth Hill is not a theory project. It already demonstrated:

~1.2 Moz silver produced

From only ~17,000 tonnes of ore

At ~2,000+ g/t Ag

With native silver present (rare, very positive metallurgically)

That tells us four hard facts:

✅ Fact 1: The system can produce exceptional grades

Grades above 1,000 g/t are top-1% globally. This wasn’t a one-off sample — it was mined and sold.

✅ Fact 2: Mining stopped for price, not geology

Silver was ~$5/oz in 2000. Today it’s ~$110/oz.

That alone changes the economic envelope by an order of magnitude.

✅ Fact 3: Only the shallowest, easiest part was mined

No deep drilling campaign. No modern 3D modelling. No systematic step-outs.

✅ Fact 4: The mine footprint was tiny

Which means the historical production barely scratched the mineral system.

This is the ideal setup for a modern redevelopment story.

eh alone at the base case of 3m oz silver would take alien metals to 0.43p at current silver price. this is considering 30% alien metals stake in the project. munni munni and han**** both excluded from this calc. eh is not project it's a proven resource with elite grades. in my opinion silver is likely to cross $125+ within this week. this is the stock you can buy for silver. gl and dyor.