Member Info for petej247

"We are at the behest of West Aus gov't approvals system. It is painfully slow."

Agreed, although the experience of the BOD should take this into account when making timeline projections. Time will tell.

PJ

Last year the results and report were published 16th June. Is there a date this year? Hoping its going to be a bumper news flow and report on progress (not speculating as Rod has stated) with the recent radio silence.

"Due an update soon. Just before the Financial results come out. Still holding, waiting for the all important Native Title Agreement."

Rad, agreed. I'm surprised the story hasn't been sold or publicised better - but then the agenda is anti government including the investment. Jobs - apprentices and grad's along with seasoned workers and supply chain all massively benefit. Major projects like this have long been backbone of any nations strategy to re-invest, not only in the tangible but the knowledge base and wealth it creates. I quite often regurgitate the "real reason" behind HS2 and almost everyone is in agreement to its need. Indeed the demand for containers on trial runs into London outstrips supply at the moment due to the early adopters getting in on the rail freight before the actual trains arrive. Good news for all.

"outgoing director"?

Great set of drills with some very high grade DSO. Rod obviously confident of the whole licence upgrade and increase in material available for shipping on the highway link already in place.

Nice work 2020upside on your tweets - well spotted!

KNAC next.

GLA PJ

Found this snippet on Aliens site, it shows they take time to do things right wrt seeking approvals and may go some way to explain why our heritage clearance may be taking the longer route. PJ

“Upon receiving Heritage clearance the company have taken time during the submittal of applications to build links with the indigenous communities and build on the vital social license to operate. A follow up sampling and mapping programme is planned prior to finalising drilling plans.“
https://www.alienmetals.uk/project/iron-ore-brockman-tenement/

I think its a fair point to look forward to updates on the published timeline of activities. Failure to do so leads to lack of confidence and we know where that leads....

So, just as a reminder...

Project Procurement process finalised
Firm pricing & contracts locked in
End of Q1 2023 (Friday 31st)

Updated MRE on Sirius Extension
End of Q2 2023 (30th June)

Deal with Anglo signed
Native Title Agreement Signed
End of Q3 2023 (30th Sept)

Mining Licence granted
Start of operations
First Shipment leaves Han****
End of Q4 2023 (31st Dec)

As someone mentioned, 2 days to confirm the "tick list" has 2 of 7 items ticked off towards 1st shipment. Not really a big ask as these dates are now very close.

Yes, I'm a LTH with a large bucket of shares.

GLA PJ

Very happy with this update, full of good solid investment detail. Particularly happy they have sought to settle nerves addressing the Native Title, adding timelines and work to progress.

Building blocks to a successful year.

Bill now set up as KBG Consultants (which I guess is a play on initials) and off to London for 121 mining investment. Still in the game.

https://www.linkedin.com/in/bill-brodie-good-35293a91/

Interestingly BBG listed as CEO and speaker, I'd assume this would change.
https://www.futuremineralsforum.com/
https://www.futuremineralsforum.com/speakers/ (BBG)

We should expect an Fuller Treacy update or comment after 1-1 with Alien CEO?
https://www.proactiveinvestors.co.uk/companies/news/1002390/fuller-treacy-comment-of-the-day-imf-s-georgieva-expects-third-of-world-to-suffer-recession-and-more-1002390.html

We have had3 green days in a row, 5th highest monthly volume in history, weekly is currently 4th highest in history with 3 days to go. Boom!

I believe Rod has circa 500K of his own money in this now?, I take this as a very good sign of his faith in things to come.

Not forgetting preferred bidder status / supplier selection for mining, crushing, screening and transport logistics. Together with the Heritage Agreement, this lines the business up to be mining following granting of its license (Q1 /23) . Happy days are coming.

"The Hanc0ck Super September that Wents mentioned got delayed unfortunately to Super Nov & Dec.
Resource Update due now.
+ Heritage Agreement (finalised & waiting for Completion Q4) which is the key for everything to fall into place.

It's all in the IOCA Update:
https://www.londonstockexchange.com/news-article/UFO/ioca-update/15684322"

More seniors with significant “skin in the game”. Reads well for the outlook. Excellent.

This really is great news and good to see the news flow coming through with positive activity. I especially liked the hint of more to come in the last paragraph.
".....not only gives us immediate access but also potentially paves the way for IOCA to increase its production capacity through Port Hedland to more than our stated 1.2mt/pa." :-)

….was a frequent comment regarding BBG over the last 24 months. He is now in, with the CEO @ 1%. Only one way this is going in the next 12 months. Sit tight aliens, it’s time to boo a room in the winners bar.

I don't think there is any doubt in the strategy here:
Bill - Progress the shovel ready Hanc**k to shipping and upscale project with new drills / ridge exploration
Rod - Review the rest of the projects, close the financing / terms for Hanc**k.

Its in the text:

"Bill: Focus on operational matters, primarily in completing the final studies and permits required to start production at the Company's high-grade Han**** Iron Ore Project"

Rod: "....review process of the Company's portfolio which includes Munni Munni PGE, Elizabeth Hill, and the Brockman and Han**** iron ore projects"

Much as I like bill, and even with the best following winds, there was no way he would be able to ship / explore and upscale even Hanc**k alone, this business is about to change, having the right people in the right places is critical for the transition. I'm a happy holder.

Nice CV....

https://www.linkedin.com/in/bradley-toms-ab4b7232/details/experience/

Nice top up done. Retirement is either closer or more ice cream dependant upon exit strat.

Pages 15/16 certainly update well on the progress for being shovel ready in early '23. Time for a top up, sit back and watch. This is going to be incredible when it goes in terms of IOCA and the cash available to fund more exploration, more ridges, opening a silver mine. I wonder if there will be a Silver Company of Australia (SCOA) company formation?