Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Agree Steveknows, they're all loading up:
Roderick ("Rod") McIllree, Executive Chairman, has purchased an additional 48,833,333 shares in Alien Metals Ltd. Accordingly, Rod now holds 127,404,762 shares in the Company representing 2.5% of the Company's issued share capital which has been purchased entirely "on market". Mark Culbert, an independent non-executive director, purchased an additional 1,666,666 shares and thereby holds 6,666,666 Shares in the Company. Dan Smith, non-executive director has purchased a further 2.5m shares and thereby holds 4,517,715 shares in the Company. Troy Whittaker, the CEO of Iron Ore Company of Australia Pty Limited ("IOCA"), the Company's 100% owned subsidiary, has purchased a further 11,666,666 shares and accordingly now holds 18,809,523 shares in total.
In addition, a further 44,999,999 shares were acquired by the Company PDMR's and employees.
I wonder if the Majors will wait until Alien can fund exploration on EH/Munni Munni/Brockman/Vivash with income from Hanc0ck? Might they want to get in early doors?
Interesting few month ahead. All kicks off with KNAC Native Title Agreement. Snowballs after that..
Nice article from Mining Journal tweet livestock
https://www.mining-journal.com/partners/partner-content/1444614/han****-iron-ore-project-update
Initial drilling by Alien has returned Bonanza grade silver and one of the highest silver intercepts globally 9.7m @ 8326g/t. Company reinterpretation of historical information suggest that the mineralised envelope could be considerably larger and higher grade than previously thought, with the Nickel, Copper, Cobalt and Zinc halo around the silver ore body having never been properly tested. With infrastructure in place now to reopen the old mine shaft Alien will shortly start working to get the mine dewatered in the hope of proving the miners' stories, of glistening walls and thick pure silver veins.
The Heritage Agreement has been finalised with the Karlka Nyiyaparli Aboriginal Corporation (KNAC) which is the Native Title representative group for the Nyiyaparli People. IOCA is now progressing heritage survey works and the commencement of Native Title Agreement negotiations. This is anticipated to be completed in Q4 2022.
Typical RNS wording, open to interpretation... is the heritage survey expected to be completed or agreement completed?
Artemis Resources Limited (ASX/AIM: ARV, FRA: ATY, US: ARTTF) announces that it has sold 100% of its equity investment in AIM-listed Alien Metals Limited (AIM:UFO) for approximately GBP1.15m (~AUD2.0m) of gross cash proceeds.
Cash raised from the proceeds will be used to fund exploration activities at the Paterson and Carlow Au-Cu Projects, and for general working capital purpose.
Cash in bank as of 28 November, including the above sale proceeds from recent investment disposals, is approximately AUD 2.3m.
They were running low on Cash bigtime!
Looks like Rod has already presented today at 11am?
https://www.weare121.com/121mininginvestment-london/agenda-day-1/