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Any one seen this yet 😝😏
Where Nap.
944T
New ones around hankok
Load up
7 mins to get the before an rns next week
Nap
Where has the information come from?
Links please
Yea don't blue ball us
Share the gossip
Judging by the upticks, either 25 people will be excited by the flimsiest of positive "evidence", or at least 25 other people have also seen this sudden news and are confirming it. By where? In the ether?
Sorry i dont access the site, just a person i know showed the screen shot. If any of you are part of the smaller telegram group ive been advised its also in there, like the info i shared last week im sure one of you will confirm it again. Sorry i cant help any more than that.
I can see 3 Mallina exploration pty limited, last week.
Can you post the smaller telegram group name in the larger telegram group chat?
Thank you
Very true Yayay, but not enough to add shares.
Seen the hearing news also.
I canny find owt are we sure there’s news
Sorry
Space cadets
Lyndon
🙏🏻
Yeah had a dig on the various Aussie mining sites, found nothing. Would have extra tenements make much difference, we have the huge Brockman, with no recent action to prove it up. Can't get what we already have going, no need to add.
We arent adding its the plot which we already have the access road to highway goes through
So what we already knew then. Thanks smiller
Smaller group wont add any more, proof of holding was required so that its not swamped with idiots. So for some reason they have split licenses but still hold them..... now there is another but of info , ill let you all speculate to why,.... who owns the surrounding area is interesting
Come on Napth
I won't be able to sleep. Spill the beans,
Well they are in advanced jv discussions they said, are they in they in the process of selling some land to raise funds, have they drilled some but not released the data as they are in talks, lots of reasons but i dont know 100%. I have a thought process but thats it, but something is clearly going on for them to have split them up.
Have a great weekend
Napth what we selling? I thought it was the Mexico assets they trying to sell
We know which companies are around Hank, the following:-
Rio, Hank Prospecting, FMG, BHP & Min Res. It's fully encircled.
Min Res - most likely to make a move. Let's hope someone does. Any of the 5 would do.
Nap sorry that is nonsense
The aim is to acquire as many tenements as possible in and around the Great Northern Highway and explore those ridges and add to our deposits, so far we know Mallina maybe host to a much larger deposit compared to Sirius.
What we need is cash to drill further and a high Iron ore price to incentivise some deals.
A JV will greatly benefit from economies of scale and in these current conditions makes more sense than to risk a standalone operation with thinner margins.
Firstly thise mining permits need to land so looking forward for those.
Thank you AWP.
I can see Mallina are active advertising 3 new exploration licences.
Other news soon?
The Mexican assets had a NAV of $768k December 2022. Held in 100% owned subsidiary Compañia Minera Estrella de Plata SA de CV (“Arian Mexico”).
Pretty sure $200k of this were Lithium projects bought by Arian Silver 2017.
The Projects
Summary information relating to the Projects is set out below:
Pozo Hondo
The Pozo Hondo project is the largest of the projects at almost 1,100 ha in size and covers one salar, the Laguna El Salado.
Columpio
The Columpio project is almost 400 ha in size, encompassing two salars, Laguna Tenango and Laguna La Virgen, approximately 24km from the town of Villa de Cos.
Abundancia
The Abundancia project is 150 ha in size and encompasses the Laguna Noria del Burro salar, approximately 40km from the town of Villa de Cos.
The location of the Projects west of the main Zacatecas – Saltil highway 54.
Arian Silver sold the Calicanto Project in 2016, which had a carrying value of US$602,000 as at 31 December 2015 for $400k to Endeavour Silver.
So one would suspect news on asset sales below NAV in Mexico at some point as Rod I believe was consulting on this and I seem to remember Alwyn or Guy hinting at pending news.
All small beer, but would reduce the $107k per annum G&A annual licence, admin, currency exposure and audit costs and $400k (say) sale proceeds would, without the current expense of a CEO and salaried board members, keep the lights on another quarter.
Haven’t researched Alien Metals much recently, with all the developments with Silver and Gold producers and BTC miners, but you can smell news is due any day now here…
Hopefully it’s the big one,….Mining licence proposal granted.
Allwinners ive just been throwing little bones out there to nibbled on 😉.
Throwing us crumbs eh Napthman.
57/58/59 😉 with the geneous of acquiring 01 that unlocks the lot with JV partners, all now KNAC approved.
The FUDers and doubters may have to silently and privately show a little admiration to the ones steady in their resolve and see this as a asymmetrical speculative punt that could become a serious investment at any moment.