‘Alien is still trading at a deep discount to the implied value of its two JV participations’

Turner Pope Investments

LatestTweets

@AlienMetals announces board changes at JV partner West Coast Silver. CEO Vincent Fayad appointed Non-Executive Chairman of #WestCoastSilver, while Bruce Garlick has stepped down from #Alien Board following his appointment as Executive Director, Corporate at West Coast Silver

1/2 – GreenTech commences 8,300m Whundo and Munni Munni drill program.

@AlienMetals notes GreenTech Metals has commenced an 8,300m drill programme at the Whundo and Munni Munni Projects in Western Australia
• 4,750m RC & 3,560m DD
• Second rig to follow heritage clearances

1/2 – Corporate & Strategic Update

Highlights include:

• 100% acquisition of the Georgina Basin IOCG Project complete
• Strategic review of the Pilbara iron ore portfolio

#AIM #Mining $UFO

Why Alien Metals?

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

Western Australia is the safest and most politically stable jurisdiction globally

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

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

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