Alien Metals Share Discussion Threads

[toastyakatoansy] 08/1/2023 23:09

You are right about fénix which I previously researched for that very reason.

My understanding is that that iron is 90 dollars FOb and is not “green” iron like us. Hence are we potentially far superior with far superior potential profits?

[toastyakatoansy] 08/1/2023 16:04

Yes mate if it was sure thing it wouldn’t be 1/2p.

Good luck to us all that we don’t hit any hiccups this year :)

[juju44] 08/1/2023 13:11

If it stalls due to heritage / indigenous issues , it will be very painful for Mcillree . Have to hope he has all his ducks in a row

[p0pper] 08/1/2023 11:53

Toasty totally get your points but ANR was going to be a power generator, at the time this part of Oz was desperately short of power and the BHP Olympic Dam mine wage huge and they were going to provide power for that as well, not being argumentative but good to discuss, same type of things needed then as now with the indigenous licence.

Just cautioning that all is not won yet.

I genuinely hope we here at UFO make it as it would be nice for one of my AIM punts to pay off, LOL

[juju44] 08/1/2023 10:37

Heritage has to be a worry . Are issues around this problematic in this area ?

[toastyakatoansy] 08/1/2023 09:44

Hi P.

I can surely understand you being cautious. However your cautionary tale of a coal miner 20 years ago has no real context.

The second one you mention was a “revolutionary platinum smelter” this would have put me off right away. Revolutionary means new and unproven.

If we keep it UFO specific I assume there is three primary risks.

1. Heritage.
2. Funding
3. Iron ore price.

Then we have mismanagement risk but given we now have Troy and Rod has 500k of his own doh in im pretty relaxed about that.

So is there any material risks I haven’t thought of? Are any of those risks that high really. I’d suggest iron ore price is likely the highest because if iron ore tanks it’s hard to get funding?

Love to hear what risks I haven’t thought of?

[p0pper] 08/1/2023 07:05

Toasty whilst I do share your optimism I would also like to add a note of caution. I am sure we have all been stung by "fail safe" AIM shares but two in particular stand out for me which cost me dear, the first was ANR also in Oz and at times were teamed up with CNOOC and BP. even had agreements signed by (I think) the Chinese President at the time, had billions and billions worth of coal, this is 20 odd years ago now, so well in the money and they were going to produce oil from it as well as things like Napthar and jet fuel, it was only a whisker away from obtaining a licence and (from memory) the indigenous licence failed, this was also in a good part of Oz somewhere near the BHP huge copper mine, can't remember the name now but you get my drift. The second company was BRR and again had huge potential as it had a revolutionary Platinum smelter process that was going to set the world alight in the PGM space, it failed miserably and was eventually taken over by JLP and look where they are today. All I am warning people of is nothing is guaranteed, I am invested here but keeping a very close eye on it.

[toastyakatoansy] 08/1/2023 02:30

Ggp was at 1/2p and less I believe before discovery.

It raised to 2.5p post discovery when sprotts advsisor I spoke with and his investors took 100m shares. I spoke to him personally about GGP, and they still hold those shares. It then went on to 38p with a lot of hype. It’s a very good investment at current price. Very very good. Maybe a 3 or 4 bagger min over the next years.

Now this is something that dare I say could 6 bag over 6 months. I’ve currently got 170k invested and my good friends have 70k on. We roughly have 50m shares. I think we are going to keep buying. This is going to look very stupid valuation when they are making 50m a year in 2024 and have cash flow in 2023.

Id personally like to own more so I hope price stays down in the next 3 months.

How I found UFO is I looked at some of the credible posters on GGP profile like bamps for example from LSE and looked at their posting history. Basically I followed the winners who won on GGP. Then when I started researching the last 6 months i quite frankly can’t believe what we are sitting on compared to market cap. This doesn’t even seem that high a risk. Even if we get diluted from here so what.

We may in the future need to form a strong shareholder group to make sure we keep The BOD in line just like GGP. Shaun day makes sure he visits them and keeps them happy.

Keep ole Rod in check. Have him out on his ear if any messing!

[meteors] 06/1/2023 15:50

well if GGP can go from 2p to 36p in 12 months, I guess anything is possible ? xD

[brian1944] 06/1/2023 15:25

toasty me too

[juju44] 06/1/2023 11:56

Added another 800k . Agree with your view Toast

[toastyakatoansy] 03/1/2023 13:55

2magpies.

Any idea why this share is so cheap despite the potential ? I can’t get my head around it the more i research ?

A consultant works in it for a while and basically gets the ceo ousted and jumps ship with his other dead duck listed company. He sticks 500k of his own doh in after consulting on it. If that isn’t the biggest bull sign ever I don’t know.

[sirshagalot] 03/1/2023 13:04

compass still pointing north on my radar

[2magpies] 03/1/2023 10:17

And, let it not go unremarked that: without Bill keeping the 'fires burning' over the last few years, Alien may well not have survived at all.


Good luck BBG.

[mostro] 03/1/2023 09:45

H N Y all, Keep the faith!!

[juju44] 31/12/2022 21:19

It was all beyond Brodie but Rod is focused and smart with good connections . He knows what he is doing with his money and when it comes good for him it will come good for us

[juju44] 31/12/2022 15:42

Unfortunately Brodie didnt deliver andin the end this means no company , Brutal maybe but business is business and survival of the business takes precedent

[tibszol1] 31/12/2022 15:30

Defenestration of Bill Brodie Good,good or bad move, brutal execution by McIlree, time will tell!! All ducks now in a row for swift progress towards production and positive revenue stream, hope permitting is approved very shortly.

[juju44] 30/12/2022 13:51

Brodie Good shunted . Alien was a bit of a disaster under him . Mcillree is in a hurry

[juju44] 28/12/2022 10:11

Looks like the downtrend is over

[juju44] 22/12/2022 08:46

Yep , this guy has some appetite for Alien . All reassuring news

[2magpies] 22/12/2022 08:44

It's always a good sign when the cook eats a chunk of his own cooking!