Mila Resources Share Discussion Threads

[thelung] 13/10/2023 17:36

Mila currently has a 50% interest, in the Lithium Rights, representing 10% of the Lithium Rights following full exercise by Liontown of its option.Mila, TPE and NGM have also entered into a deed of amendment amending the Earn-In Agreement ("Deed of Amendment") pursuant to which they have agreed that Mila may:-- increase its Participating Interest in the Licence from its current 30% to 80% on the issue of the Stage Two Consideration Shares of 97,656,750 new Ordinary Shares at a price of £0.024-- increase its ownership of the current Lithium rights from 50% to 80% on the issue of the Stage Three Consideration Shares of 97,656,750 new Ordinary Shares at a price of £0.024, representing 16% of the Lithium Rights following full exercise by Liontown of its option.

[amaretto1] 13/10/2023 14:59

10 percent of find !

[amaretto1] 13/10/2023 14:59

R we looking at a 10 percent find of lion town ?Then a free carry for 10 percent Anyone done the possible numbers

[amaretto1] 13/10/2023 14:57

Understand your frustration here But if they find lithium I'm trying to work out how much could be possible here Anyone got any potential figures ?

[the count of monte_cristo] 13/10/2023 10:45

If...they prove lithium on the license things could get very interesting here.

Meanwhile, we sit and wait and watch to see whether the glacial pace over the laat 12 months speeds up.



The Australian Financial Review revealed last month that Rio Tinto had put its foot on 46,000 hectares of exploration ground directly north and to the south-east of Delta’s Mount Ida project and that Rio had dibs on tenements covering more than 61,000 hectares close to Kathleen Valley.

[the count of monte_cristo] 12/10/2023 12:46

Maybe it's Gina Rineheart:)

[chris cat] 12/10/2023 11:53

Relatively large trading volumes today....albeit low £ value

[dunkirk1016] 11/10/2023 16:13

Like most on here sick to death of the lack of honesty and bleeding useless updates (was it worth it)) with Stephenson who acts like a snakeskin salesman, one way this appears to be going with Lionstown taking them out on the cheap a long way down the line. If they call this an update I live in the sixties, for Gods sake tell us the timeline you have arranged wit Lionstown and update accordingly. For once in your life Stephenson who never answers emails be transparent. You are supposed to be looking after the shareholders and not yourself.

[shortcpx] 11/10/2023 15:50

SP falls before news. Leaks for the city mates?

[amaretto1] 11/10/2023 07:44

Yup Just like i said 12 days ago ! It looks to be all about the lithium to me

[thelung] 11/10/2023 07:38

The next 12m should be a vast improvement on the last

[folderboy] 11/10/2023 07:30

Have to agree - a great many words but very little of substance or value said.

[thelung] 11/10/2023 07:25

Poor poor and poorer

[shortcpx] 10/10/2023 08:19

Stephenson only bothered about his City mates. Doesn't give a toss about shareholders. Lifestyle company for his family.

[shortcpx] 09/10/2023 21:12

Damn painful for holders and not appealing for anyone looking to enter here. NGM are IPOing themselves on a nickel ramp.

[amaretto1] 04/10/2023 16:55

Assay news tomorrow ?

[the count of monte_cristo] 03/10/2023 07:41

It's not that they will walk away, rather, a bidding war is going on and Australia's richest person has been stake building.

Really hoping we get some news on LTR starting a drilling campaign on our license soon.

If our license was to prove lithium is present then all hell could break loose here. Many if's and could be's currently.

[dunkirk1016] 03/10/2023 03:04

For information only loose talk about saying Albermarle may walk away from the Liontown deal but in essence this should not make any difference to work being carried out. GLA LTHs