Mila Resources Share Discussion Threads

[shortcpx] 15/1/2021 09:15

March seems to be the timeline. Someone on LSE posted some links a few days ago.

[dunkirk1016] 06/1/2021 15:58

Farnham Point made but honestly I just think this is dead, I just cannot see any future here but just hope I am wrong. Stephenson does not inspire in any way.

[farnham] 06/1/2021 15:19

We are moving rapidly to complete due diligence and documentation with regard to relisting the Company. We are excited to have entered into this Proposed Transaction with NGM at this stage in its development of the Kathleen Valley gold project."A bit more rapid please

[farnham] 19/11/2020 07:10

Any guesses on rto timeframes ?Certainly great news and uplift in mcap towards 1.1 billion $ ;)

[farnham] 06/11/2020 17:21

Nice day , I'm going to wait and hold . Advanced discussions

[lazygun] 29/9/2020 10:36

Well, they said by end of this year. Though covid might have delayed things a bit L.

[farnham] 16/9/2020 06:09

Any updates likely soon?

[hedgehog 100] 27/2/2020 15:50

Thanks to Gloster on LSE for a link to the E-Tech metals website. "E-Tech Metals Ltd are focused on advancing it’s 75% owned Eureka Nd-Pr-REE Project, located in central west Namibia" HTTP://etechmetals.com/projects/ E-Tech remind me of KZG (Kazera): "Kazera Global currently holds a 75% stake in Aftan, which in turn holds two wholly owned subsidiaries, Namibia Tantalite Investments (NTI) (holds operating assets and plant) and Tameka Shelf Company (holds title and licences to Tantalite Valley)." HTTP://kazeraglobal.com/ KZG (formerly KENV - Kennedy Ventures) has been a roller coaster ride since it acquired its Namibian mining project in 2014. But for MILA to acquire a project when prices are depressed should mean that it can cut a better deal. 04/08/2014 06:52 UK Regulatory (RNS & others) Kennedy Ventures PLC Conditional Investment in Tantalite Project "Kennedy Ventures plc ("Kennedy Ventures" or "the Company") is pleased to announce the signing of a conditional agreement for the acquisition of 75% of African Tantalum (Pty) Limited ("Aftan") for a total consideration of R12m (GBP0.66m), R4m (GBP0.22m) of which will be satisfied through the issuance of 4,523,113 Ordinary Shares in Kennedy Ventures at a price of 4.9p per share, (average closing price over 15 days up to and including 31 August 2014) and the remainder through a loan of R8m (GBP0.44m), (the "Transaction"). The 75% stake of Aftan, a Namibian incorporated investment vehicle, is being acquired from a group of private investors. ..." https://uk.advfn.com/stock-market/london/kazera-global-KZG/share-news/Kennedy-Ventures-PLC-Conditional-Investment-in-Tan/63130850 "Rare Earths Outlook 2020: Trade War to Dominate Supply and Demand Georgia Williams - December 26th, 2019 ... “Despite the continuous talk by some in the media about China potentially weaponizing its rare earths during trade negotiations with the US, prices of most rare earths have trended lower or stayed fairly flat for most of the year, with few exceptions,” said Luisa Moreno, managing director of Tahuti Global. ..." HTTP://investingnews.com/daily/resource-investing/critical-metals-investing/rare-earth-investing/rare-earth-outlook/

[farnham] 27/2/2020 09:53

Yes we now have weeks or months to relax and wait

[lazygun] 27/2/2020 07:44

Nice. Let’s hope it pans out L

[farnham] 27/2/2020 07:14

E-Tech Metals is a private company developing projects in the critical and strategic metals space.Lithium & cobalt are currently hot tickets in the resources sector with investors predicting a steady growth in electric vehicle batteries and energy storage. Those who "join the dots" must also consider the engine. Cue the rare earth elements (REE), notably the elements neodymium (Nd) & praseodymium (Pr), essential materials for high-strength magnets used in electric car and motorbike engines, as well as wind turbine generators

[farnham] 27/2/2020 07:11

E tech metals reverse takeover.Anyone know of them ?

[farnham] 27/2/2020 07:06

Suspension

[dunkirk1016] 16/2/2020 14:57

Hedgehog 100 your musings are interesting but I have been yawning here since investing.

[hedgehog 100] 27/1/2020 14:33

A RTO (reverse takeover) into a shell gives more certainty than an IPO (initial public offering), especially in a weak IPO market, and allows a company to raise its profile and share price before raising funds later at the most opportune moment. Many of the largest companies have their roots in RTOs, including even FTSE 100 constituent WPP, the world's largest advertising company: "WPP plc ... WPP plc is a multinational communications, advertising, public relations, technology, and commerce holding company headquartered in London, England. It is considered the world's largest advertising company, as of 2019. ... The company was founded as Wire and Plastic Products plc to manufacture wire shopping baskets in 1971. In 1985 Martin Sorrell, searching for a listed company through which to build a worldwide marketing services company, bought a controlling stake...." https://en.wikipedia.org/wiki/WPP_plc So the "extremely exciting opportunities" to RTO being negotiated by MILA could result in something pretty special happening here ... which should mean a pretty special reaction from the share price.

[hedgehog 100] 15/1/2020 16:19

Thanks GB. After the 22.10.19 MMO RNS I posted above, MMO closed unchanged at 2.75p (market cap. £0.47M.): Oct 22, 2015 2.75 HTTP://www.sharesmagazine.co.uk/shares/share/MMO/historic-prices On 2.3.16 MMO traded as high as 6.85p intraday: Mar 2, 2016 4.88 6.85 4.50 4.88 934,568 HTTP://www.sharesmagazine.co.uk/shares/share/MMO/historic-prices MMO was then renamed Mercom Capital (MCC), and by 5th. Janaury 2017 had traded at over 50p intraday: Jan 5, 2017 40.50 50.39 39.48 47.50 435,472 HTTP://www.sharesmagazine.co.uk/shares/share/MCC/historic-prices

[goodbloke1] 13/1/2020 21:25

Excellent post Hedgehog.What was MMO shareprice following these purchases after it's 'stellar recovery '