Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I wonder how the negotiations with KNAC are going? I suspect they will be the last in line to get handed some shares and possibly a royalty.
In August 2020 Strike Resources SP went up 130% in the week following Native Title.
Article when Fenix were granted Native Title:
https://themarketherald.com.au/fenix-resources-asxfex-finds-common-ground-with-native-title-group-2020-08-19/
"Fenix’s agreement with the Wajarri Yamatji Group includes a number of stipulations, including a modest sign-on fee, ongoing royalty payments, and indigenous employment targets. The company will settle the sign-on fee by issuing 2.5 million new shares in Fenix to a nominee of the WY Group."
So native Title may not be served on a plate, UFO says "negotiations ongoing"
Fenix’s agreement with the Wajarri Yamatji Group includes a number of stipulations, including a modest sign-on fee, ongoing royalty payments, and indigenous employment targets. The company will settle the sign-on fee by issuing 2.5 million new shares in Fenix to a nominee of the WY Group.
As the recent presentation says Critical Pathway is the Native Title.
Supposed to be due Q4 as per IOCA Update RNS.
After Native title all else should be a formality and roll in pretty quickly. The resource upgrade for the ridges may take a bit longer due to assay result delays. Not sure they have even started that drilling yet.
better link https://twitter.com/AlienMetals/status/1570038681372688390
Nice to have another listen to Rod, especially since he put so much of his own money into Alien.
https://twitter.com/**********/status/1569988076654702594
UFO has 20% Insider shareholding as indicated in the latest Presentation.
https://www.alienmetals.uk/wp-content/uploads/Alien-Metals-Q4-2022-1.pdf