LatestTweets

Errawarra quarterly activities including exploration at Andover West, a Farm in Joint Venture with @AlienMetals and continued assessing of the potential of #graphite and #gold prospects identified at Errabiddy.

#ASXmarket #exploration #lithium #pegmatites $ERW

The #IronOre price has touched US$120/t again. This is good news considering that the #AlienMetals base case scenario at this price has an NPV of A$146m and an impressive IRR of 133%!

🗒️Full Hancock study: https://www.alienmetals.uk/wp-content/uploads/Iron-Ore-Development-Study-Hancock-Project.pdf

#UFO #PGM #Silver

Great to see the price of silver go up over 3% overnight to $27.44/oz as the market kept an eye from comments from the Fed amid a light economic data calendar.

Why Alien Metals?

Direct Shipping Ore

Keeps operating costs down and the mine profitable even at lower iron ore prices

#1 Mining Jurisdiction

Western Australia is the safest and most politically stable jurisdiction globally

Local Infrastructure

The Pilbara produces ~30% of global iron ore and thus has excellent local infrastructure and expertise

Exploration

The potential for a major discovery to be made within the company’s various project areas is very high. Hancock, the soon to be in production direct shipping iron project in the Pilbara is the most advanced example of this with less than 75% of the overall area having been tested but already hosting more than 10mt of exploitable material

Experienced Team

Under new leadership in both the UK and Australia (IOCA) the rate of progress continues to accelerate