Alien Metals Share Discussion Threads

[enamel 1] 25/11/2021 14:22

Presumably, Artemis has sold a 30% interest in its mine in order to purchase a share in Green Tech Metals. This enables Artemis to spread risk by diversifying their assets. Similarly, Alien Metals purchase of a 30% holding in Munni Munni, reduces its risk by providing an income without the full cost and delay of a extensive site investigation. Of course as I have no insider information, this is all speculation on my part.

[2magpies] 25/11/2021 09:14

tibs well summed-up. One could also add another, commonsense, question: UFO has bought 30%, and has option to buy the rest, but why is the seller selling? Especially if the consideration is UFO shares? If it is as good as Bill says, what with the purported resource estimates, why are the sellers selling out??

[tibszol1] 24/11/2021 19:58

Would someone please tell Bill to stop podcasting about all the places they are scratching about in and give us some real meat, when and what will they be actually producing, what revenues are they anticipating, what`s the timeline. All this guff about what their portfolio consists of is just so much hot air. Lack of a clear gameplan and timeline will only result in this stock being diluted into oblivion and be worth sweet f-all.

[2magpies] 24/11/2021 14:32

There was atime when Bill's words would resonate with punters, nad share price would move. Not any more. Now, the goods must be delivered. Gone are the days for the hoop-la spike, convenient for placees/large holders to exit, and the share price deflate all the wy to the floor (just look at the chart!!) Show us the metal, Bill!

[2magpies] 24/11/2021 14:09

Bill doing his best. Talks a bloody good game! (as always) https://www.voxmarkets.co.uk/articles/alien-metals-explains-rationale-behind-the-acquisition-of-the-munni-munni-pgm-gold-b6a11aa/

[2magpies] 24/11/2021 10:20

" ..2magpies 18 Nov '21 - 09:08 - 2175 of 2177 Edit 0 0 0 ...................... I see that they are already talking about elements other than Ag. Hmm. That's the other mo, btw: look for Au. Nothing found. Now look for Ag. Nothing found. Now look for Cu. Nothing found. Now look for Ni. Nothing found. Now look for....... Gaawwdddd....." Told Ya! Now they are looking for rhodium!! Bless. (and acquiring further acerage.. ha ha! -- another schtick common to 'resource' companies) UFO needs to deliver the goods (i.e. actually FIND SOMETHING!!), and put an end to the waffle/ramblings!

[bspgamer] 24/11/2021 09:40

Be carful, Artemis offered EEE a deal on Munni Munni that went sour and we lost she'd loads of stock for it.

[lenses] 24/11/2021 07:59

Rhodium eh? Amazing chart. Recently peaked at $30k/oz. hxxps://tradingeconomics.com/commodity/rhodium

[2magpies] 18/11/2021 09:08

"...potential for a much larger mineralised (VMS-style) system" These 'resource' companies always seem to have a 'vms' somewhere or the other, but always out of reach and hardly if ever actually found. Whilst repeated fundraises erode away share price until they just de-list. I see that they are already talking about elements other than Ag. Hmm. That's the other mo, btw: look for Au. Nothing found. Now look for Ag. Nothing found. Now look for Cu. Nothing found. Now look for Ni. Nothing found. Now look for....... Gaawwdddd.....

[avsome1968] 18/11/2021 08:36

18 November 2021 Alien Metals Ltd ("Alien" or "the Company") Strong Nickel, Copper and PGE anomalies defined in initial trenching and rock chip sampling programme at Elizabeth Hill Follow the link to view the announcement in full including all figures: http://www.rns-pdf.londonstockexchange.com/rns/7547S_1-2021-11-17.pdf Alien Metals Ltd (LSE AIM:UFO), a global minerals exploration and development company, is pleased to update the market on the results of its trenching and mapping programme at the Elizabeth Hill Project, host to the high-grade Elizabeth Hill Silver Mine in the Pilbara Region of Western Australia. This trenching and mapping programme was completed as part of some QA/QC work by Alien on the numerous targets in the project, and was also planned to complement the recently completed initial drilling programme. Highlights -- Strong Copper ("Cu"), Nickel ("Ni") and Platinum Group Elements ("PGE") mainly Palladium ("Pd") assays from trenching and rock chip sampling programmes -- Trenching results include: o 26m @ 0.25% Cu and 0.2% Ni, including 8m @ 0.6% Cu, 0.38% Ni and 0.20 g/t Pd from trench 15a, which remains open on strike at both ends o 34m @ 0.1 % Cu, 0.17% Ni and 0.19 g/t Pd over the entire length of trench 12a, also open on strike at both ends -- Rock chip results include: o 2.2% Cu, 0.51% Ni and 0.6 g/t Pd from a sample taken from historic trench 15 o 0.23% Cu from sample at Yannery Hill prospect in Munni Munni North -- Results further validate the Company's view that the Elizabeth Hill Project hosts the potential for a much larger mineralised (VMS-style) system along with the silver deposit Bill Brodie Good, Chief Executive Officer & Technical Director of Alien Metals, commented: "The maiden trenching programme has reinforced historical anomalous copper, nickel and PGE mineralisation, which are still open along strike and, given the width and grade of these zones, could indicate the presence of a much larger system as a source. This mineralisation appears to be associated with the ultramafic intrusion of the Munni Munni intrusion, the known J-Reef and the complex structural controls in the area. These results will contribute to planning a follow-up field programme to expand our knowledge of the potential of these targets. "The more regional rock chip sample results from Munni Munni North are also giving us further target areas to pursue, especially the southern trend of the J-Reef and the area around the Conquest prospect in the east, and we will continue to test these areas when we go back into the field." Following a detailed review of the historical exploration carried out on the project, including the advice and recommendations from senior geologists who have previously worked on the project at various stages over the last 25 years, Alien proposed a series of trenches. The goal of this was to identify a repeat silver orebody as well as to identify a more detailed surface expression of potential Cu/Ni and PGE orebodies already partially defined by historic work. Alien therefore planned a series of initial trenches to further test both the southern extent of the silver deposit, and undertook in-fill and on strike testing of the J-Reef copper, nickel and PGE anomalies around the Natalie Hill Prospect south and east of the mine. Due to the very hard calcrete crust south of the orebody, this programme did not access the in-situ units below the surface cover with the excavator available, however more success was achieved along the J-Reef trend. Figure 1: Location of Elizabeth Hill Project, Western Australia All samples were assayed at ALS Perth by method ME ICP61 for the main elements such as copper, nickel and cobalt. Further selected samples with PGE potential from the J-Reef prospect area were further analysed by method PGM-ICP23 for gold, platinum and palladium. A total of 147 samples were analysed by the full suite with 97 of those being further tested for PGE mineralisation. QA/QC samples were inserted as standard practice every 20 samples including CRM standards, and blanks and on-site duplicates to ensure laboratory results were of an acceptable level of confidence. Significant results from the trenching and sampling programme include Trench C3 (resampling of a historic trench), which returned 2m @ 0.27% Cu, 0.13% Ni, 0.32 g/t Pd, Trench C12A, a new trench just north east of the historic trench 12, which returned 24m @ 0.12 % Cu, 0.19% Ni and 0.21 g/t Pd including 4m @ 0.45 g/t Pd and Trench C15A, a new trench east south east of historic trench 15, which returned 14m @ 0.42% Cu, 0.28% Ni and 0.15 g/t Pd, including 8m @ 0.6% Cu, 0.38% Ni, 0.20 g/t Pd. Rock Chip FXA15989, taken from an old sample pile from the eastern end of the historic trench 15 returned 2.2% Cu, 0.51% Ni and 0.6 g/t Pd. These results confirm some of the historic sampling and add confidence to the theory of the presence of a larger mineralised polymetallic zone associated with the Munni Munni intrusion with mainly copper, nickel and PGEs. With both trenches 12A and 15A finishing at both ends in mineralisation, there is great potential for the mineralised zone to have a substantial width, which is up to 100m in some historic reports. As the figures show below, the north-south strike extent of this system has the potential to be several kilometres long, running into the Munni Munni North licence to the south (Figure 10). Historic trench 16 returned 8m @ 1.28% Ni, 1.3 % Cu and 150 g/t Pd, though has not been retested by Alien to date. With this recent work and the confirmation of the historic anomalies, the Company continues to understand and develop the potential of this larger system. The Company is very encouraged by these early results and is planning the next stage of work to possibly infill with more sampling, and is considering RAB or Air Core drilling methods to cover more ground cost effectively, while getting more detail from sub surface sampling. Figure 2: Location of trenches sampled, Elizabeth Hill Project, Nov 2021 Figure 3: Copper sample results, trenches C1 - 3, Elizabeth Hill Project, Nov 2021 Figure 4: Copper sample results, trenches C12A and C15A, with historic sample results, Natalie Hill Prospect, Elizabeth Hill Project, Nov 2021 Figure 5: Nickel sample results, trenches C1 - 3, Elizabeth Hill Project, Nov 2021 Figure 6: Palladium sample results, trenches C1 - 3, Elizabeth Hill Project, Nov 2021 Figure 7: Palladium sample results, trenches C12A and C15A, with historic sample results, Natalie Hill Prospect, Elizabeth Hill Project, Nov 2021 Figure 8: Copper results of rock chip sampling, Elizabeth Hill & Munni Munni North, Nov 2021 Figure 9: Nickel rock chip sampling results, Elizabeth Hill Project, November 2021 Figure 10: J-Reef Prospect historic sample results, Elizabeth Hill Project, November 2021 - Ends -

[2magpies] 11/11/2021 21:30

Almost the WHOLE of the recent spike has melted away. Amusing, really. What says the next hoop-la RNS will also be followed by spike, followed by.......... Webinars are good? I should coco

[kooba] 11/11/2021 18:30

Wow that went well shares now down 30% on placing ..obviously everyone thought they could just subscribe and flip them out to investors who might actually want to back the company ...such poor quality placees in so many small co fundings...take existing holder entitlement away so they can't participate ...and maybe just hold..place with weak holders watch the price crash job done really looked after the owners of the company.Least the placees are now underwater too.

[theaviator] 05/11/2021 13:52

Has to to get rid of the flippers ;)

[goforgold1] 04/11/2021 22:16

They issued 400,000,000 Approx they have traded this amount over past two day . So should move up from here

[mostro] 04/11/2021 15:19

Added 500,000 at bargain .85, more than happy with that..

[theaviator] 04/11/2021 14:38

There will be rises here to let flippers clear... Decent entry imho

[jusjusjus] 04/11/2021 13:39

no more moaning, can now buy at less than placing price! (if you were quick) (second chance)

[cbeadle] 04/11/2021 12:58

I think they raised it too cheaply, could have got 1p plus per share- however institutions are really clever these days at pressuring companies for discounted placements, not surprised there was considerable hunger to take the shares at these levels.

[2magpies] 04/11/2021 12:04

Perhaps they might offload to a Major? (much later)

[jusjusjus] 04/11/2021 11:59

well that Webinar certainly sold it to me, got some more today (bit annoyed I got some earlier as well!) and this time not much more than their mates are getting it for! no doubt it was them selling into the recent rise to buy back in again on the cheap, at what price will they flood us with 470m!

[2magpies] 04/11/2021 11:56

Have to concede though: they raised that £4 million pretty quickly! Impressive. There IS demand for the stock, clearly!

[2magpies] 04/11/2021 11:20

"The net proceeds of the Placing will be applied to deliver the Company's work programme over the next 6-12 months...." So ANOTHER fundraise as soon as 6 months from now??