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MILA Mila Resources Plc

0.60
0.00 (0.00%)
Last Updated: 07:30:49
Delayed by 15 minutes
Mila Resources Investors - MILA

Mila Resources Investors - MILA

Share Name Share Symbol Market Stock Type
Mila Resources Plc MILA London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.60 07:30:49
Open Price Low Price High Price Close Price Previous Close
0.60 0.60 0.60 0.60
more quote information »
Industry Sector
MINING

Top Investor Posts

Top Posts
Posted at 17/4/2024 12:54 by gozo
No smoke without fire.About time this woke up!Charles Archers recent editorial may have focused investor interest but this move appears to have more substance than just an editorial piece.
Posted at 02/8/2023 11:22 by onedayrodders
... investors belong in Corals
Posted at 02/8/2023 11:21 by onedayrodders
There are very few "investors" left on AIM ... the majority of retail
Posted at 01/8/2023 17:38 by pngasef
UK 'investors' are so fickle. See a little profit and they just sell into it.
Posted at 01/8/2023 06:02 by axonic
To the actual investors on here it looks to me like this JLondon character is on a mission to post so much useless information, (not research), so that any really interesting posts get missed. Also clogging up the LSE board.

I've filtered and suggest you all do the same. DYOR
Posted at 31/7/2023 15:57 by jlondon
----"SenOre & Gateway Mining strike $4.5m JV agreement to explore for lithium in Western Australia."-Proactive Investors, 5 May 2023.

Fund up to $4.5m over a 4-5 yr period to earn 80% in the lithium rights
at the Montague Gold Project , Murchison region, Western Australia.

SenOre gets to keep retains rights to precious metals and base metals.
Posted at 31/7/2023 15:52 by jlondon
--------RIO HUNTING FOR LITHIUM IN WEST AUSTRALIA.----

"Rio hunts for lithium in the outback."-AFR, 11 July 2023.

"On Tues, Everest Metals told investors that RIO will commence drilling..."
Rio Exploration signed a binding term sheet with Everest in Mar 2021 where they paid A$25,000 to the junior explorer for exclusive exploration for 6 mths for non-gold minerals. Then, Oct 2022, Rio took a 80% interest and shelled out $5m for further exploration.

"Mr Shausholm, said after RIO General Meeting in May in Perth--THE MINER WAS IN THE MARKET FOR LITHIUM ASSETS..."

Comment: A backup of what I said about majors are interested in JV for lithium exploration etc.
Posted at 31/7/2023 14:21 by jlondon
In the Mila RNS of 27.7.23, it was stated that "Through this agreement with LIONTOWN, we will see EXPLORATION UNDER-WAY at this area of the licence...SUPPLEMENTARY dev. work on Heritage surveys."

We, investors have to go to HC Liontown to see the Ann there because that is past mid-night in the UK. Usually, the London market will then RNS it the next day due to the time zone difference.

Everything is now down to Liontown as they are paying for everything.
Posted at 30/7/2023 14:02 by jlondon
red army
If you read , there has been 2 drilling campaigns done at Kathleen Valley
Western Australia [Licence E36/876] for for 2 holes and then for 10 holes, making a total of 12 holes drilled.

The above was owned by TRANS PACIFIC ENERGY GROUP LTD [Kathleen Valley Licence E36/876] and the Geologist was Neil Hutchinson, an Australia who is now
Chief Geologist & Director of Mila Resources.

Mila Resources was LISTED on the London Stock Exchange 23 Nov 2021 RNS and
the only exploration asset they had was Kathleen Valley, W.Australia under the Licence No: 36/876 which was owned by Trans Pacific Energy Group Ltd, a SUBSIDIARY OF NGM Ltd.

Mila only held 30% of Licence 36/876 on listing on 23 Nov 2021 on the London Stock Exchange.

-------DRILLING OF 12 HOLES AT KATHLEEN VALLEY Licence 36/876 BY TRANS ENERGY GROUP LTD [TGE], SUB OF NGM.--------[Initial drill was 2 holes and then further drill 10 holes.]



SOURCE: Link: hxxps://www.miningjournal.com/capital-markets/news/1402595/bellevue-neighbour-looks-to-london-for-listing
"Bellevue neighbour looks to London for listing."-Mining Journal, 14 Jan 2021
"Trans Pacific Energy Group Ltd -...based on 12 Reverse Circulation Drill...Kathleen Valley E36/876."

Comment:
In short, MILA RESOURCES CAME TO LONDON FOR LISTING BASED ON JUST THE E36/876 LICENCE AT KATHLEEN VALLEY, W.AUSTRALIA with a 30% interest only.

The rest was owned by NGM, a subsidiary of Trans Pacific Energy Group Ltd.

DRILLING RESULTS: " L I T H I U M PEGAMATITES WERE IDENTIFIED WITHIN the element rich project and the co is planning the next stage of drilling."-May 12, 2019, Proactive Investors [see my post 3352 for the link dated today, 30.7.23]

Mining Review , 3 June 2019 also reported on the above:
"This is in addition to the CONFIRMED HARD ROCK LITHIUM POTENTIAL at the site, he said."[CEO Arthur Darivas of Trans Pacific Energy Group Ltd].

----The "LI PEGMATITES" ARE MARKED ON THE OFFICIAL MAP OF E36/876 ------
VIA THE MILA RESOURCES LISTING PROSPECTUS & COMPETENT PERSONS REPORT, ON LISTING
ON THE LONDON STOCK EXCHANGE ON 23 NOV 2021.---Map also has lines in orange:"MAPPED PEGMATITES."----OFFICIAL VALUATION REPORT on listing: "Exploration Asset E36/876 :£15 million." Link: hxxps://www.milaresources.com/lastestdocuments

RED ARMY: My comment:
So, Neil Hutchinson, Chief Geologist at Mila Resources currently[formerly at Trans Pacific Energy Group Ltd who did the drilling of first 2 holes and later 10 holes at Kathleen Valley E36/876 ] will not be "MAGIC THE RESOURCES UP."

Why? Mr Hutchinson will NOT be in CHARGE of the lithium exploration at Kathleen Valley E36/876 Australia anymore because LIONTOWN [Mkt Cap A$6bn] has JV into the E36/876 and they will do all the EXPLORATION.

--Sorry folks that my two posts were rather long but that cannot be helped as
I have to proof my post with links and sources.---

Just in case, folks are not aware, Mila still does not own 100% of the project at
Kathleen Valley E36/876 for which is the only exploration asset they used to list on the London Stock Exchange in Nov 2021.
20% is owned by Metal Rocks. Link: hxxps://www.milaresources.com [Kathleen Valley E36/876 licence.]

Whilst it may be boring for some, maybe, BUT any drilling BY THE PREVIOUS owner of Kathleen Valley Licence No E36/876 will be of interest given LIONTOWN, a A$6bn co is JV into Mila's Licence E36/876 which is on the BORDER to their MT MANN & KATHLEEN CORNER mineral deposit of 21Mt @1.4% Li20 [2km away although Jubilee took rock samples fromm 200-300m away from Mila's border].

So, Liontown is JV'ing with MILA for LITHIUM EXPLORATION = any drilling done before Mila acquired the licence E36/876 @30% initially will be of interest for what was said about lithium potential etc on the said licence. That is why it is important to READ the MILA PROSPECTUS ON LISTING IN LONDON in 2021 and the COMPETENT PERSONS REPORT to see what is stated about LITHIUM etc.

-----I will be trying to chase the DRILLING REPORT BY TRANS PACIFIC ENERGY GROUP LTD
but so far I have not managed to get it although I would think it has to be lodged at the AUSTRALIAN GOVT MINING DEPT as norm.

Why? Red Dirt ASX listed bought MT IDA MINE. During the due diligence , they found LITHIUM in the old cores and later they had a mineral resource done. Red Dirt is now named DELTA LITHIUM, Mkt Cap A$461million.
Delta Lithium has now discovered MORE LITHIUM near their Mt Ida mine in Western Australia and this is now a hot lithium corridor.

Gina Rhinehart then JV into Mt Mason, next to Mt Ida also looking for lithium.

LIONTOWN also JV into OLYMPIO who has a licence in the area. This was stated in the Liontown Qtr Report just out wherein they mentioned Mila JV with them also at Kathleen Valley E36/876.


-------SO, GIVEN LIONTOWN JV'ed INTO MILA FOR E36/876, I would guess they are
entitled to look at the CORES of the drilling for the 12 holes done by Trans Pacific Energy Group Ltd OR get the drilling report from the Australian Govt Mining Dept because all drilling reports must be lodged.--

MILA RNS, 27.7.23 : Not only Mila, 50% owner of E36/876 Kathleen Valley had to sign with Liontown but also Trans Pacific Energy Group [TPE] & NGM Ltd, who are the other 50% owner.

It was done by a DEED AMENDMENT and titled so in the Mila RNS,27.7.23.---
Its rather complex the structure ownership.
Posted at 14/6/2023 16:28 by dunkirk1016
Let’s get Neil to make an announcement that excites the investors. For me this is last chance saloon for the company, either come up with the goods for our neighbour or go away. Lot of hot air with swathes of nothing over long periods. Can only hope this comes good for all LTHs.










Neil to make an announcement that excites the investors. For me this is last chance saloon for the company, either come up with the goods fir our neighbour or go away. Lot of hot air with swathes of nothing over long periods. Can only hope this comes good for all LTHs.

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