Mila Resources Share Discussion Threads

[shortcpx] 25/1/2024 08:46

NGM ditched this asset. Mila getting ready to ditch it next. Pressure on new geo to find an escape route and not take 6 years like his bosses did

[bambos22] 24/1/2024 08:50

Tumbleweed? Not even Jocelyn can move this

[the count of monte_cristo] 22/1/2024 12:27

EST moving north, MILA next?

[shortcpx] 22/1/2024 08:41

When they pivot to uranium that'll mark the picotop.

[the skipper] 17/1/2024 14:54

This article is good news for lithium prices:

[the count of monte_cristo] 17/1/2024 11:39

Note the below from the announcements from the previous quarter. The resource sector has been struggling, some excellent projects out there right now, MILA might just redeem themselves through a new project. News overdue now on the Kathleen valley project.


Finally, the Company has received several proposals to partner on other projects and funds will be applied to reviewing business development opportunities. Alastair Goodship, an exploration geologist, has joined the team as noted below to assist the board and provide technical oversight on the current portfolio and new opportunities.

Appointment of Exploration Geologist

The Company has appointed Alastair Goodship, an exploration geologist with over 14 years of industry experience of leading discovery-focussed exploration teams in a diverse range of environments and jurisdictions globally.

Alastair has worked across the exploration spectrum from greenfield and brownfield exploration to resource definition and feasibility studies. Alistair most recently worked as a Senior Exploration Consultant with RSCMME Ltd and technical advisor to Trinity Metals Group.

....Bolstered technical team post year end with appointment of Alastair Goodship, an exploration geologist with significant experience in leading discovery-focussed exploration teams in a diverse range of environments and jurisdictions globally

[the skipper] 15/1/2024 22:22

This Twitter thread really captures the potential here imo:

[the skipper] 15/1/2024 22:20

The Count, have you seen this thread on Twitter, or X as it is now known?

I think it really captures what the potential is here.

[the count of monte_cristo] 15/1/2024 13:14

Market cap of 4m, half the share price in cash now.

Outlook

Mila is now in the most solid position of its brief life since we listed in November 2021. This of course assumes that the shareholders vote in favour of the £2m fund raise on the 8th of November.

We have a clear strategy and are well capitalised to deliver the strategy to fruition. We expect the next 12 months to be highly active on both a corporate and asset level as we continue to assess business development opportunities and how to deliver value from both the gold and lithium at our project.

Whilst the financial period has proven to be difficult for junior mining companies given the challenges in the capital markets, we now look forward to building Mila from the opportunities that present themselves from such circumstances. Ultimately, Mila will continue to be highly entrepreneurial, and I would like to take this opportunity to thank our existing shareholders, and those new to our register, as we look forward with excitement and confidence, to a period of increased activity in the forthcoming financial year.

[bambos22] 15/1/2024 12:40

Lots of other shares with greater liquidity... Seems very slow here ?

[kubera369] 15/1/2024 11:45

Are directors also day traders watching trades all day ?

[the skipper] 15/1/2024 00:13

What I meant is that the completion of pre drilling surveys is not price sensitive news, unlike the outcome of the drilling - so unless there is something about to emerge from Liontown’s activities the directors should not be in a closed period and therefore able to buy the drop if they were paying attention to Friday’s trading. Clearly plenty of other market participants bought the drop.

[bambos22] 13/1/2024 12:05

Amaretto.. I think Skipper means news of directors holding on Monday

[amaretto1] 13/1/2024 10:49

If directors bought yesterday News would be a minimum of a Month off

[the skipper] 13/1/2024 10:35

Next month I expect, unless Directors bought the drop yesterday, in which case we might have some news on Monday.

[bambos22] 13/1/2024 09:06

Interesting.. Seems like there may be news soon?

[the skipper] 12/1/2024 19:55

Read the presentation:

A bit out of date now, but drilling will recommence once surveys have been completed.As you will see the tenements are in an extremely prospective postcode, and it has a well financed partner. Directors have recently added in the market, post fund raising.

[bambos22] 12/1/2024 18:17

Why what's it done recently?

[bambos22] 12/1/2024 16:23

Lifestyle company or am I mistaken

[the skipper] 12/1/2024 15:57

Sorry, I meant trade no 4, but on thinking about it further it has all the hallmarks of a lawyer or trustee winding up someone’s estate. Anyone who trades regularly would appreciate that he could have got a much better price by splitting it up into smaller lots.

Anyway the ridiculous discount to the placing price has certainly brought out the buyers, and I was one of them.

[the skipper] 12/1/2024 15:29

I’m assuming trade no 17 is the rump of a forced seller’s stock and that the market has now sussed that out.

[bambos22] 12/1/2024 15:13

Ridiculous going on here