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@wentsland totally agree. I think we can back to bennelong one more time with the begging bowl and then after that company will be wound if nothing comes to fruition. Was thinking around November time. Still a chance though, so will just have to sit on our hands.
@uktrader6 totally agree with you, don't see more than a 20-30% rise on mining license news.
@pebsi, you have to be smoking crack to say you haven't heard a bad response in 3 years from alien. Placings, loans, directors share incentives, capstone pulling out of a JV, drill cores soo bad they couldn't get analysed, Elizabeth Hill tailings, ceo's leaving with no replacement, a fake dfs, buying Greenland. The list is huge
I've said it before but I read on the western australia governments website that they aim to get all mining applications finished within 85 days of receiving it and they start counting the days the Monday after receiving it. I'm assuming aliens application therefore would have started on the 2nd of January. I couldn't see if those days only including working days,if they didn't the 85 days would finish on the 26th of march. However if it was only working days which I assume it will be then its not till the 26th of April. The western australia government only managed to achieve their 85 days target 31% of the time in 2023 and alien has historic breaches. I would be highly surprised if the mining license arrives before June.
They spent £2 million in 8 months just to keep the lights on. They raised £1 million on Friday. To say they are fully funded for the next 12 months or more is absolutely ridiculous even for you, cj. Before we got the native title we got a steady rise for a couple of weeks and then a drop when we received it. Think it's called buy the rumour sale the news. We could possibly be seeing the same now, or it will simply just drop again tomorrow. Not sure what all the euphoria is about.
the last placing of 2 million only lasted 8 months and they only completed admin related tasks. with this 2 million they have to do another round of drilling at han****, so would imagine it will last 6 months maximum. i would say they have 6 months to get han**** fully licensed up and get the best deal possible on a jv. i would say any sort of construction or off take agreement would pretty impossible now.
I was looking on the WA website the other day and noticed that they try and complete a mining application within 85 days and in 2023 they only achieved that in 31% of the applications. So with the historic breaches would imagine there is a good while to wait yet
And you said flatliners comment was foolish? 😂 even if alien achieved all of their own deadlines ( which they won't by a long shot, would almost say its impossible already.) It still wouldn't be 1.5p by Christmas, let alone after dmirs permission.
Max you verify things with Zak mir, British bulls the price of lithium and whether or not your getting NT to buy! How many times have you got NT to but and the share price gone down? I can remember at least 10, not sure why you pull that beauty out still, that has been verified as a total load of crap.
CJ, you can give me the conspiracy theory jibe all you want, I don't find it offensive in the least and actually think it's very embarrassing for you that you have said it so many times and still think its funny. Another thing you've said a lot is aliens timescales have been conservative, conservative for a well run company maybe. Alien has failed to meet very, very few of their own timescales in recent years. As for you 1.5p prediction, well that's just absolutely ridiculous, do you and Max go feed each others unicorns on weekends?
My gut feeling is they have rushed out a 'fake dfs' and done two interviews in two days. To me it suggests they know they have nothing substantial to release anytime soon, so are trying to pump the company in anyway possible, so they can get a placing away. That's the normal way alien conducts itself.
I thought you initially said January CJ? I just can't get past the fact on aliens timeline it says Q2 and the very rarely stick to their own timelines so I'm going July/August unless of course we sell.