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The postman always delivers
Great News
@Lyndon. I agree with you. Just need to see the appointment of an experienced CEO who has been there and done that with DSO iron ore.
Someone who the market can associate with & trust to take the company forward, which will be reflected in the share price.
First Time I have disagree max we should be at least .6 if not 1p
But I鈥檝e always been in background fella
Onwards and Upwards space cadets 馃殌 soon
Lyndon
In the interview Alwyn did say, after Mining Lease, "Then the ground clearance permits, if all the right steps taken must be procedural. Construction by July/August."
All on track to generate massive FCF.
This should be over 0.30p next week.
I was talking about the last sentence in Guy Robertson's comments
Slowly slowly upward ticks, and great volume.
ATB.
ATB
@ALondon
The Company, as previously announced, has now completed the following commitments and key milestones:
completed
Good news for sure. The price action this week proves how much of a leaky ship AIM is haha.
How come they are mentioning heritage clearances as next steps? Thought that was all done.
Finally the RNS has been released. Hopefully now things really will move forward.
Jv or heads of agreement next week?
We are trading at 22 and change. Up 7%. Not sure why everyone thinks it鈥檚 gone down. ?
alien metals granted mining lease for han**** project in western australia
by the department of mines
https://twitter.com/directors talk/status/1781253795303010375
alien metals (aim: ufo), a company focused on the exploration and development of the han**** iron ore project ("han**** project") and the pinderi hills project in western australia, is pleased to advise that the mining lease for the han**** project has been granted by the western australian department of mines, industry regulation and safety (the "department of mines").
overview
the department of mines has on 18 april 2024 granted the mining lease (m47/1633) for the han**** project to alien metals, representing a key milestone on the pathway towards development. this gives security of tenure for a 21-year term through to 17 april 2045.
the company, as previously announced, has now completed the following commitments and key milestones:
路 the execution of heritage agreements with the karlka nyiyaparli aboriginal corporation rntbc ("knac") associated with two exploration licences and one miscellaneous licence for the han**** project.
路 the grant of a miscellaneous licence provides the company necessary tenure to construct the essential infrastructure (subject to a final investment decision) for site access from the great northern highway to the proposed mine site.
路 entered into a conditional, non-binding memorandum of understanding ("mou") with pilbara ports to access its utah bulk handling facility, a multiuser berth in port hedland. the mou is an important step in securing the formal commitment from pilbara ports to export iron ore produced from the company's han**** project.
路 the signing of a mining agreement with knac for the han**** project.
路
Makes a jv or funding more likely. Slow crawl back up to 0.3 in the short term. GLA
We now need an interview to force the message out
...and still we go down?
Or am i missing something,
Great news. Heavy trading still going on some big chunks crossing the tape. Let鈥檚 hope we churn out the weaker players and get back to a more sensible value here.
But my first well done to UFO this year. At last.
Well, there it is, permission to mine. A very happy day for all holders both LTH and STH. Lets now hope that we get an uptick to acknowledge that we are a huge step forward in putting a shipment onto a lorry and generating cash. Well done to the Alien team having navigated some strong headwinds to get us to this point. I for one will be enjoying a pint this evening on this news.
Carp, even though I have no time for the slow whittled, short sighted, narrow minded trolls? I hope they get in,
there again.
ATB
As said just begin
I bet C2 and the 'Bish' are so pleased for us all today. :~))
Great news!!
GLA!! :-)
Woohooo!
guy robertson, executive director, commented:
"this is a further significant step on the pathway to production for the han**** project. the company has made significant progress and is now in discussion with various parties regarding the required development funding. the technical team is currently focused on mining proposal submission and environmental assessment. it continues to assess strategies for increasing the existing resources and reserves which is expected to significantly increase the value of the project. in addition, the company will proceed with necessary heritage clearances
Let's hope we get the rerate we deserve.
ATB.