Member Info for Deanok

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!

Yes Max. The guys on the ground have loaded up. Board have loaded up. WIRE have flipped to BID.

Hope we can push that final 10% of Hammerslay through soon.

Good to see WIRE on the BID for once.

yes Max. WIRE still stuck on the ASK

Looks like Rod has already presented today at 11am?

https://www.weare121.com/121mininginvestment-london/agenda-day-1/

No that's rubbish, ignore last post

Yes Barrat, it's 22nd today,
22nd Oct, and 22nd September were also great days for Silver!

Copied paragraph for RNS. It's due soon and it hasn't stopped the IOCA team growing. A good sign imo.

Personally would like to know the Native Title Agreement Negotiations are going...

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.

For me this is a major hurdle, everything else should be a formality afterwards. If it's ok with the Aborigionals it'll be ok with the mining permit.

Aren't we still waiting on drill results? Would love to see a deal made to get more of Sirius.

Another big chunk at 0.35.

Tacet - did you buy the Kwasi Kwarteng GBPUSD dip?

When all the fundamentals are improving and the shareprice is falling. Once the 10 or 20 day vwap is low enough IOCA will acquire the final 10%. The shackles will then be taken off.

DYOR and don't listen to loons on here, including me.

https://www.marketscreener.com/quote/stock/ARTEMIS-RESOURCES-LIMITED-10354924/company/

Just in case anybody was wondering if there was a link between Artemis/Bennelong/Greentech/Windfield/Richard Shemesian.

Rod hinted at acquiring more than 90% on 14th September Interview. "We will move ultimately to 90% if not more in all of these licences".

If it were me owning the final 10% of Hammersley and soon i was going to have to contribute towards Hammersley operations. I would want the maximum amount of shares and warrants for this final sale. I would be shorting UFO and I'd have bought up ARV shares and be selling them down until the 10% agreement was made.
Even more so if by IOCA owning 100% meant JVs were then possible for a company who I owned a large %.
Very cynical and could be totally wrong.

I don't mean accumulating on the open market. I mean by getting shares and warrants for the sale of the final 10% of Hammersley.

Very tempted to say that when Richard Shemesian has finished acquiring shares and warrants, this will be set free.

2. Alien will free-carry Windfield's remaining 10% shareholding in the Projects until completion of a Bankable Feasibility Study on either the Brockman or Han**** Ranges projects.

So once a BFS is complete for Han**** (should be soon) Windfield will have to either start contributing to costs at Hammersley (Brockman & Han****) or offload the remaining 10% to IOCA.

My money is on IOCA getting to 100%, the Accumulation phase will be over soon. ;-)

Anybody wondering why Brockman hasn't been started?

Rod knows...

"Importantly the Company has two other significant iron assets that appear not only commercial but have strategic value to several larger groups within the region and I am confident that future deals will be done on these in due course."

Short term pain, long term gain. JVs will come.