Member Info for Danielm89

Liontown still up 30% on the month

Before year end I’d like to see

- heritage study completed and ready to drill at anytime

- further acquisition so not a 1 asset company

- up Kathleen Valley % to 80%

Seen this job listing 👀

https://x.com/theunsophistic2/status/1848979929880301750?s=46&t=4s-AQzZhMmeWz3Ire1AEsA

“Construction of a new mining and processing operation”

“Working closely with technical mineral sands partners”

“Conduct finalisation activities to ensure agreed ownership”

Infill drilling at Deacon Main continues to deliver very high-grade, high pyrrhotite intersections

from below the recently announced high-grade ore shoot and in the area of the FY25 mine

schedule; recently announced results include (refer to ASX announcement dated 15 July 2024):

o 10.8m @ 66.8 g/t gold o 14.0m @ 49.4 g/t gold

o 8.9m @ 71.1 g/t gold o 8.4m @ 50.1 g/t gold

o 7.5m @ 49.8 g/t gold o 9.5m @ 35.4 g/t gold

o 0.3m @ 3,501.0 g/t gold o 5.3m @ 96.7 g/t gold

• Infill results from Bellevue South reported during the quarter have returned semi-massive

pyrrhotite shoots and high-grade drill results of similar style to the Deacon Main shoots.

Bellevue South is another important contributor to the FY25 mine schedule (refer to ASX

announcement dated 25 July 2024):

o 4.5m @ 52.1 g/t gold o 13.5m @ 11.1 g/t gold

o 5.1m @ 29.2 g/t gold o 1.7m @ 45.3 g/t gold

o 12m @ 6.0 g/t gold o 7.7m @ 9.0 g/t gold

Bellvues grades wow

Holding very well, can’t imagine the move it’d do with volume

If we’re looking at high NPVs #CMET is definitely worth a look

Current NPV of $250m on only 10% of the asset at 1 meter deep

Waited for Sri Lanka elections at the request of their government before drilling now done and due to start by the end of the month

Have had 2 huge JVs wrestling over them, post choice the JV needed to focus on their $500m new production facility

CMET then employed an ex RIO COO and decided to see if going alone at 100% is doable

The drilling can “double NPV at a minimum” according to the company and is a simple drill (mineral sand dredging)

Along side this they’ve commissioned a gemstone study on the asset to add even more value

Lots going on worth a look at £7m mcap.. fully funded for upto 2 years

Https://opportunitysrilanka.com/sri-lankas-annual-untapped-export-potential-is-10-billion/

Construction of mining and processing operations

🤔

Wow ye never thought of that 🤔

Jesus we could be producing within 18 months 80m a year isn’t it?

We’re #hiring in Sri Lanka!

PROJECT MANAGER - will lead construction of new mining and processing operations, working with our technical partners from initial planning through to completion.

PLANT NURSERY TECHNICIAN - will be involved in the establishment and operation of an ecological restoration nursery on Sri Lanka’s East Coast.

COMPLIANCE ANALYST - will provide assistance in the coordination with government departments.

Perky today 🤔

6p on $1500 gold

Gold now $2700 😂 and no need to raise

This will move big soon.. bidding war between Bellevue and Liontown

Gold going crazy almost up 80% since we got the asset and secured the JV to freeride the asset

We definitely need to catch up

Feels great 👌 in before the herd, no sellers available any news will be hard to buy

With all this apparent non dilutive funding (that keeps diluting the share price)

Why JV

makes zero sense?

Can still sell millions at .66 fake spread 👍

Little fishing trip before a move up

Only £1500 now then nt

What to look for in a junior;

Great grades ✅

Bullish mineral (gold/silver) ✅

Funded with no debt or CLNs ✅

Safe jurisdiction ✅

Majors close by ✅ x2

JV with a major ✅

Small mcap ✅

Buyout potential ✅

MILA ticks every box I can think of

And more …… 😉

Only £2k on the offer at open should be a good day

Lots of news due on this one:

-Assays from Liontown

-Permits to drill

-Further acquisitions

-Finals (cash £1.3m ish) cash burn 300k a year 🤯

-Excise option for 80% at 2.4p

Wedged in a perfect mining area if they find lithium 👀

#MILA

Have 30% ownership over their Kathleen valley asset

 

Have an option to increase to 80%

Ownership

Mila has the option to increase its participating interest in Kathleen Valley to 80% on the issue of 97,656,750 new Ordinary Shares at a price of £0.024 per Ordinary Share in the Company (the “Second Consideration Shares”).

The remaining 20% interest is held by Metal Rocks Ltd.  The Company proposes to enter into a call option agreement with Metal Rocks, pursuant to which the Company aims to acquire the right to purchase the outstanding 20%.

After just 2 drills an Australian major producing lithium attached to the license

“Liontown’s crown jewel is its ‘world-class’ lithium deposit, Kathleen Valley. One of the largest hard rock lithium deposits in the world.”

Supplying Tesla and ford

came knocking and gave MILA

“Liontown has the option to acquire up to 80% of the Lithium Rights from Mila and TPE for a total consideration of up to A$2,200,000 through a phased investment programme”

Freeriding MILA and MILA retain rights to all other minerals

To the other side attached to the license is Bellevue gold £2b cap.. “what Mila are looking for”

“One of Australia’s Highest-Grade Gold Mines, with a Mineral Resource of 3.2Moz”

🤔

Mila have £3m cap and £1.6m cash with very small outgoing and £1m potentially due to them from Liontown. 80% increase option at 2.4p currently 0.7p

This will wake up with a bang 😏😉

Https://www.kalminer.com.au/news/regional/australias-largest-off-grid-power-system-up-and-running-at-kathleen-valley-lithium-mine-north-of-leinster-c-16343868

Cheap energy on our doorstep 👌