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Appointment of Experienced Mine Developer to Advance Hanc0ck Iron Ore Project
https://www.londonstockexchange.com/news-article/UFO/appointment-of-mine-developer-for-hanc0ck-project/16467966
Thanks Alwyn. Welcome Nathan.
Maybe we're going mining. Hope Nathan is a man of action.
As I said, this is just a beginning And there’s a lot more to come as I said 1p is inbound
Yes 5x5, that was my first thought, JV maybe parked, mine ourselves with contractors back on. AA deal or other funding imminent. Sounds more senior than Lloyd Edmunds having been a CEO. Alwyn will be able to vouch for him from BCI, so think this RNS makes us more money longer term, wonder if the share price may rise a little?
Soun
If ufo is trading normal after an rns it will drop.
O yes o yes i knew something was dropping this week re Iron. Onwards and upwards😜
So much more to come
Can't imagine there would be many looking at a JV with us. The volumes not there yet. Get mining, then move onto Brockman, huge prospect.
Sounds like a good experienced guy.
However we don't need more strategy, we need implementation. Hope I'm wrong but the RNS reads a little like we are still thinking about things.
Massively undervalued based on resources but we still don't know how we are going to unlock the value
Directors Talk Tweet:
Alien Metals welcomes Nathan Douglas as General Manager of Operations:
https://twitter.com/Directors Talk/status/1790264127509979626
Is this a clue to the license being split
The Company strengthened its exploration iron ore team with the appointment of an iron ore expert from global mining consulting firm CSA Global (now ERM). CSA Global has leading iron ore exploration and development expertise, and recently played an important role in Fenix Resources Ltd's (ASX: FEX) transformation from an iron ore explorer to a producer within 18 months.
The ducks are aligned
1) In house experienced project manager
2) Additional cash from Erawarra share purchase
3) Native title and DMIRS permission to mine
4) Sub-contractors already on standby.
I assume the new guy has seen enough to be convinced UFO is a good career move
All looks good to me. Now let's get the ball rolling :-)
Looks a cool dude.
https://www.businessnews.com.au/Person/Nathan-Douglas
I forgot to mention
Even Moonboy's English has had a massive quality boost ??????
Nathan Douglas, as General Manager of Operations, well it would seem,a deals be done, why would you appoint this position, Alien metals going mining.
Interesting RNS from ACP, they think the time is right to re-open a silver mine. Maybe it is......
Https://leic.com.au/media/leichhardt-board-head-to-eramurra
https://leic.com.au/media/leichhardt-ceo-to-speak-at-city-of-karratha-business-breakfast
Followed Alwyn from Salt back to Iron Ore. Seems to have a bit of gravitas, will keep KNAC sweet, keep on top of logistics and exploration and have advisors and advisory board strategy implementation.
Sweet.
Financing or partial JV next news then.
5x5 Ssshh, was just making moves….
A pie too far Sinter have run out of fingers.
Moonpoop said he was gettimg the job...ha
chisler
O well no real reaction but another piece in the puzzle completed.
Bring on the financing/jv
So on the face of it Nathan Douglas appears to be a very credible guy.. he was in fact CEO at Leichhardt which is a private Salt / Gypsum company in WA..
They have two projects.. one of which has been 100% sold off !!
Its a bit odd how he's been a CEO.. but goes into the Operational role ? but perhaps he wanted something like this personally rather than the CEO stuff..
Clearly now the FID must be close.. along with the funding.. another step forward.. as usual the market is apathetic to all this..
He's not been offered the huge incentives offered to others. Hope he's a doer not schemer.