Alien Metals Share Discussion Threads

[astubbs67602] 22/10/2021 10:56

Definitely building momentum since the last news!

[theaviator] 22/10/2021 08:37

I always liked the assets. Value will hopefully out in the end.

[michaelfenton] 22/10/2021 04:29

juju OK I trust you are selling and will not reappear for the next 5 years? Meanwhile back on the farm Alien will be roaring ahead for sure.

[juju44] 21/10/2021 19:43

Come back in 5 years

[capitalgains5] 21/10/2021 19:26

The UFO is waking up! 3p before end of year if news flow keeps up. The potential here now is mouth watering. Once Alien becomes a producer and not an explorer things will get real .. Real quick. Greatland gold style rise here. Watch this space

[theaviator] 20/10/2021 13:51

You not having a throw here Zixe?

[theaviator] 19/10/2021 23:35

*rerate lol A rebate would be nice too though

[shanew48] 19/10/2021 21:06

Yes, 3-5p + short term seems inevitable now after todays transformational update!

[theaviator] 19/10/2021 19:26

And typically I'd sold out before it. My fault lol but joking aside it looks good days ahead

[theaviator] 19/10/2021 19:26

I'd expect a rebate tbh. Was a cracking rns

[sirshagalot] 19/10/2021 16:53

sell on news

[shanew48] 19/10/2021 15:41

Potential to surpass EUA and GGP now after todays update, 40p + potential!

[brian1944] 19/10/2021 12:54

still 4 hours to go

[astubbs67602] 19/10/2021 12:36

First time in a long time that we have sustained the rise which has generally faded away during the day, hopefully the rise will continue.

[michaelfenton] 19/10/2021 10:06

Paddyfoot my speed reading missed that and thanks for putting me straight.

[2magpies] 19/10/2021 09:55

They cannot raise that big an amount.

Has to be a farmout, surely.

I, for one, would be amazed if Bill (& co.) haven't already had 'fireside chats' with potential candidates/prospects.

[paddyfool] 19/10/2021 09:48

MF its in the announcement the 30 million cost.

[2magpies] 19/10/2021 09:43

Yes, of course, this is very good news.

DSO (lots of it, and v.high quality) + low upfront capex,cannot be dismissed.

Probably a farmout?

(or the fee-monster might just persuade the BOD to tap the market.. again!)

As mentioned earlier, good news = sellers appear in volume.

At some point the news has to be so good that sellers are completely overwhelmed.

Will it happen?

[michaelfenton] 19/10/2021 09:11

Thank you avsome1968 - interested to hear how you come to $30M capital and working?

[avsome1968] 19/10/2021 08:38

M/F
Yes great news indeed. Can anyone tell me how soon we can get mining?

When we get funding

To achieve the range of outcomes indicated in the Study, funding for capital and working capital requirements in the order of $30 million USD will likely be required. Investors should note that there is no certainty that the Company will be able to raise that amount of funding when needed. It is also possible that such funding may only be available on terms that may be dilutive to or otherwise affect the value of the Company's existing shares. It is also possible that the Company could pursue other 'value realisation' strategies such as a sale, partial sale or joint venture of the Project. If it does, this could materially reduce the Company's proportionate ownership of the Project.

[michaelfenton] 19/10/2021 07:50

Yes great news indeed. Can anyone tell me how soon we can get mining?

[astubbs67602] 19/10/2021 07:22

More great news folks!