Alien Metals Share Discussion Threads

[havinthelasttoast] 09/8/2023 09:30

Zzzzzzz

I’m not short, however I was right about GGP (obviously ) and clearly right here also.

You’re just a blind ramping conspiracy theorist. Don’t worry I’ll be back to GGP to gloat soon when the rights issue gets announced.

[hydrogen1] 09/8/2023 09:27

I'm buying this based on your MO at GGP I thought you were terrible over there.Everyone knew what you were.A cheap short.

[hydrogen1] 09/8/2023 09:26

No you haven't you liar ... you arrived at 10p on share price weakness Just like you did here, you lying POS.

[havinthelasttoast] 09/8/2023 09:19

Been telling you ggp was a dog from 30p and it’s at 7.5p and will at least hit 5p.

Same as I am right here. You muppets are like lamb to the slaughter house. Keep talking and watch the share keep going down.

[hydrogen1] 09/8/2023 09:07

These accounts were going on and on about over at GGP about a incoming 5p rights issue they'd "heard inside information about" through broker contacts or whatever.... All ducking lies. And Bull shyte designed to hurt PIs and all proven false.

[hydrogen1] 09/8/2023 08:47

Steliar2000 and Havingthelasttoast are BOTH the same shorter account.That's a fact. Check my posting history fighting this filth over at GGPps they hate me. ?

[havinthelasttoast] 09/8/2023 01:14

You guys know nothing about this company. It’s in a previous RNS.

You come on here talking about a share you clearly know sweet FA about. What is worse is you come on with an arrogance in your tone when you are clearly an ignorant bunch.

[lookingforhelp] 08/8/2023 23:51

Where is the proof that Rod bought Artemis stock at 0.3p ?Richard and his brother Mick have placed ALL the CEO's and Chairman into this company.

[havinthelasttoast] 08/8/2023 21:35

It’s not hypothetical it’s clearly stated that they are now negotiating it and not only that if you check LSE IR have replied to a question on this by a member.

If you are reassured then you’re a fool or you’re trying to make it look that way to other members. It’s clear, very clear.

[mr vee] 08/8/2023 21:33

Thanks for a civil reply, I still disagree. But you have your interpretation and I have mine, that’s what makes a market.
I asked the question because when reading your posts, I was concerned re. your accusations, and now we have discussed it, I am now reassured of my position, so even though we don’t agree, thank you for your reply’s.
For the record I don’t think alien are perfect , I have a few niggles , and I agree they shouldn’t need to award performance shares for negotiating a hypothetical payment. I might ping them an email highlighting the ambiguity in the last RNS, but feel its probably a waste of their time.
Anyhow, good luck with whatever your position
Regards
Mr v

[havinthelasttoast] 08/8/2023 21:28

Guys.

Tried to help you. Believe what you want.

Unfortunately I am correct.

I hope for a good outcome to all holders.

Lovya loads.

[ste2000] 08/8/2023 21:10

There is no logic to your position.

The company is in negotiations to make the payment because they are at a decision to mine stage. It clearly states it in the RNS. Of course it is open to interpretation in the august 2022 RNS but what is not open to debate is the the RNS stating that they are in negotiations to pay it plus the awards to the new non executive chairman for negotiating this payment by the end of 2024 is his date to do this. There is no selling of the asset and this is a “performance payment” for simply making a decision to mine. Come on mate don’t be so blinkered.

This is the basis of the disagreement and hence why Rod was kicked out.

So whilst your argument may seem sensible, the latest RNS leaves you in no doubt.

This payment will be announced soon and more dilution and/or debt will happen. What do you not get ?

[mr vee] 08/8/2023 21:03

Dead duck
See my last post

[dead duck resources] 08/8/2023 20:59

There is a way to make it easier to understand. Your summary has changed 'or' to 'and'

If you write out a new summary keeping the word 'or', it will be easier to understand.

[mr vee] 08/8/2023 20:53

Ste2000

Let me help you out here,

I just re – read my post with fresh eyes, and I can see where you are going wrong.
I do admit that after re reading the paragraph we both quoted from the second RNS (3/8/23) it is more ambiguous than the KEY TERMS OF THE OPTION AGREEMENT in RNS 24/8/23.

If the paragraph was the actual contract then you would be correct, but it is not the contract, it is just used to reference the actual contract.
I hope that makes sense, must admit I’m losing interest now and can’t really be bothered to help you much more, so I will leave you to figure it out yourself.
Regards
Mr V

[mr vee] 08/8/2023 20:03

“As announced on 24 August 2022, as part of the revised agreement for Alien to acquire 90% of Hamersley Iron Ore Project, the Company agreed to pay Windfield a Performance Payment …..…R30;.IF……..….within 60 months of executing the Option Agreement, Alien …….̷0;..DISPOSES …..…R30; of its interest in the project, an IPO or spin out of the project occurs or a decision to mine is taken. Noting the revised timeline above and the potential decision to mine being made, the Company continues to negotiate with Windfield on an agreed valuation basis for this payment. A further update will be made once this is agreed.”


You are just confirming my point?? The above paragraph says what I just said.

I have highlighted the words IF and DISPOSES for you to easier understand

So the logic goes;

IF…… alien disposes interest
And ……. A decision to mine is made
Then action is = performance payment is due
But I agree …. That payment is yet to be negotiated.

I haven’t seen any intention for alien to dispose of the interest so it’s really a moot point.

I don’t see how I can make it any easier for you to understand and I have not been rude in my enquiry so I will just assume your frustration is that you are mad with yourself for not realising sooner,
Have a great evening
Regards
Mr v

[mr vee] 08/8/2023 16:47

Ste2000, I take it you are referring to this RNS;

I have cut and paste the relevant part

“RNS Number : 9803W
Alien Metals Limited
24 August 2022
KEY TERMS OF THE OPTION AGREEMENT:

4. If, within 60 months of executing the Option Agreement, Alien disposes of its interest in the Projects, the Company will pay Windfield a performance payment in addition to the Upfront Consideration (Performance Payment).
5. The Performance Payment is calculated by:
a. In the event of a Tenement Sale: 50% of the value uplift attributable to the Projects;
b. In the event of an IPO/Spin-out event on a recognised stock exchange: 50% of the value uplift attributable to the Projects; or
c. In the event a decision to mine is made: 50% of the project valuation uplift attributable to the Projects.
In each case, the uplift payments are reduced by 50% of the incurred project expenditure. “

[mr vee] 08/8/2023 16:40

Ste2000;

That’s not correct;

You need to read the contract again,

it clearly states that this would only apply if Alien disposes of its interest in the Projects,
i.e. the decision to mine is made, then they sell it on to someone, that will not be the case here.