Mila Resources Share Discussion Threads

[shortcpx] 28/2/2024 10:05

Yet here we are at 0.6p and Shard pumpers yapping on about water

[the skipper] 22/2/2024 12:42

That was just a market maker signal that there was going to be some action today, and here it is and very nice to see too.

[shortcpx] 22/2/2024 08:23

I'm dying. The big PR push started yesterday and we have 1p worth of shares bought at the open.

[shortcpx] 13/2/2024 12:45

Reality is lithium cycle is heading to the bottom and even ASX listed WA gold plays are hated so what chance does little Mila have even with the Shard/SI pumpers on Twitter. Everyone knows the BOD barely put any money in themselves or do any financings other than just bucketshop placings

[the skipper] 13/2/2024 08:33

Never mind the lithium. It’s nice to be reminded of those gold grades:

“Mila acquired an interest in the project in 2021 following an initial round of drilling in 2019. Two further drilling campaigns were carried out in 2022 and 2023, both of which intercepted high grade zones of gold, silver and zinc mineralisation.

Highlights from the drill intercepts include:

· 6.6 metres@ 14.86 g/t Au & 21.79 g/t Ag.
· 8.0 metres @ 2.8 g/t Au & 6.6 g/t Ag
· 5 metres @ 4.26 g/t Au & 13.35 g/t Ag.
· 10 metres @ 8.38 g/t Au & 13.96 g/t Ag”

and that’s why MILA will get bought out sooner or later.

[shortcpx] 13/2/2024 08:08

Great acceleration

[the count of monte_cristo] 13/2/2024 07:36

Liontown progressing well, drillong not far off.

[the skipper] 30/1/2024 08:27

Easy to envisage MILA getting taken over by Liontown here in due course, and a no brainer whilst the stock is trading below the recent fund raising price and the CLN conversion price.

Little interest so far this morning but it is off the radar so maybe an interview with Proactive or similar is warranted.

[the count of monte_cristo] 30/1/2024 07:46

Mark Stephenson, Executive Chairman of Mila commented: "Liontown's lithium exploration activities in the northern part of our Kathleen Valley Project will provide direct benefits to Mila and will provide invaluable data to us as we plan our next phase of exploration across the wider project area, and begin targeting the concentrated zones of high-grade gold mineralisation identified in our recent drill programme.


"We look forward to receiving Liontown's data and analysis in the coming weeks and will continue to report back to shareholders as in due course."

[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