Mila Resources Share Discussion Threads

[jakehowells] 05/11/2024 05:40

Very interesting company, looking forward to reading about the Investor Meet.
I am not invested yet.

[scrwal] 04/11/2024 13:05

Investor Meet is tomorrow at 12.00

[dannymaz89] 04/11/2024 08:11

Not everyday you see a £150m mcap company RNSing a £2m company Very busy quarter exploring 4x assets£2b JV #LTR onsite getting ready to drill full free ride #MILA#EMX looking at @MilaResources ?Investor meet Wednesday

[dannymaz89] 03/11/2024 17:54

https://x.com/theunsophistic2/status/1853093654090465735?s=46&t=4s-AQzZhMmeWz3Ire1AEsA

[dannymaz89] 01/11/2024 12:51

Tg grouphttps://x.com/theunsophistic2/status/1852332425822548363?s=46&t=4s-AQzZhMmeWz3Ire1AEsA

[dannymaz89] 01/11/2024 12:44

#MILANow officially a multi asset company, 3x new acquisitions earning a farm in for gold, copper, nickel, colbolt and manganese Zero cost to farm in just a £250k simple work programme Owner is a 150m cap Canadian company "Rock chip samples from the Rawlins prospect at the "Apple Tree" target area include a grab sample assaying 31.1 g/t gold (n=5, min 0.015 g/t Au, max 31.1 g/t Au, avg 12.74 g/t Au). Two grab samples from the Eastern Star workings returned with multi-gram gold (1.12 g/t Au and 9.55 g/t Au) and multi-percent copper (2.84% Cu and 10.07% Cu, respectively)"Liontown £2b cap (Mila JV) is now onsite and looking at samples ready to finish off the heritage study to prepare drilling q1 next year. Liontown can bring this into production straight away as they have a 10,000t per month facility within 7km Mila currently have 50% lithium rights but liontown can up to 80% by paying £1m£3m cap, £1.4m cashWarrants at 2p can generate £4m current price 0.6p

[chris cat] 01/11/2024 10:15

Danny.....I agree however I can't help but wonder why a bigger company would offer such a "good deal", they aren't renowned for their charity.

[the skipper] 01/11/2024 09:52

Looks like yesterday’s buyer of 500k lots is back for more.

[dannymaz89] 01/11/2024 08:42

This is sooo stupid it's unbelievable Drilling permits within 2 months then billion dollar boots on the ground New asset with exceptional grades for pretty much free with a 150m cap company Cash for well over a year£2.75m cap £1-1.5m cash£4m to be exercised 300% above ??

[the skipper] 31/10/2024 22:52

The terms of the new license are extremely attractive given the grades which have already been reported. Great interview just released on Proactive too:

[shortcpx] 31/10/2024 08:43

So nothing has happened on the lithium front. They've not even updated the JORC for the gold. Yet they want to acquire another asset and now dangling a "potential" deal. They've been useless at getting deals over the line before, see Capital Metals and the rare earth company. City Boys get paid no matter what though.

[the skipper] 31/10/2024 08:29

Conserving cash is what they have been doing whilst they wait for Liontown to crack on, and picking up a new license for a song. What’s not to like about that?

[the count of monte_cristo] 31/10/2024 08:24

Great question!

[washingmachine] 31/10/2024 08:15

No and No
I don’t hold any
Just watching
Question what have they been doing all year ??

[the count of monte_cristo] 31/10/2024 08:13

washingmachine, people were going on about drill assays and how they could be amazing, but it seems like they haven't really progressed anything. Can you see anywhere where they state that drilling has commenced or assays are due?

This will disappoint the market.

It's almost like a cash shell.

[the count of monte_cristo] 31/10/2024 08:03

Cash position is good, thought it would be 1.2m.

[washingmachine] 31/10/2024 07:51

U won’t be u sold out !

[the count of monte_cristo] 31/10/2024 07:31

I'm not surprised at the lack of progress at KV.

[washingmachine] 31/10/2024 07:30

Mmmm agree turbo
I’m quite surprised actually

[turbotrader2] 31/10/2024 07:26

Still all to play for with a healthy cash balance too

[the count of monte_cristo] 31/10/2024 07:18

Like I said, no drilling done by LTR and no news on that side of things.

[maty] 30/10/2024 16:08

Lol doubt it

[shearluc] 30/10/2024 15:23

Cash at Bank will be interesting to see, when the publish end-of-years

[the count of monte_cristo] 30/10/2024 09:12

Probably LTR haven't done any drilling and nothing has happened. One wonders what exactly the management are doing each week.

[the skipper] 30/10/2024 09:06

Someone liquidating an estate by the look of it. Could be a great buying opportunity imo.