Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
I also feel that the markets are aware of the AA situation, I was lead to believe from past Rn,s that AA was there and when the time is right,they were 1st in line for talks,but this latest Rns has no mention of AA and AA has not been mentioned for a long time.
Quote from latest Rns
Once a project funding partner is identified and terms agreed, the Company and such partner will consider whether a formal DFS is required at that stage. IOCA is now progressing development works towards the requirements for a Final Investment Decision (FID).
Once a project funding partner is identified????
No wonder the share price is where it is now, most Rns from this company seems to be a riddle ,this company is not known for clarity ,thats for sure.
So like the rest of you I can only wait and hope that it all comes good.
So next step mining licence, late Feb or late March
As i previously mentioned, until news arrives ie confirmation of mining licence, which is weeks away, we will be heading for new lows, based on no real buying and no real selling, the Mm,s will keep dropping the price, to encourage some sort of trade, plus there massive spread, they need a profit to, bless them.
The probability of a share placing at a low price will also keep this down, so short term i see no reason to buy, just hold what i have for a few weeks at least.
As always this is just my opinion, which i am entitled to being a shareholder.
Just a suggestion for members on this board, why don't you have a break or take a holiday, next milestone is the mining licence and this is not happening until earliest end of Feb or latest end of March, if we reach end of April and it has not happened i would say , Houston we got a problem.
But i am confident we are on our way, just slowly, Christmas this year we will all look back and smile.
No one on here would really know the answer to that Chris,it would be between Alien management and Knac,so unless it was in a Rns the answer is no.
But I rule nothing out on this share chat,that someone will believe they know the answer ๐ค
No mention of AA in yesterday's Rns and no mention of them for a long time,I can only speculate that they have pulled out of any talks totally, because to be linked to AA would be a positive for Alien metals
So down again 5.26% at the moment, but no real surprise, no real buying and no real selling, but on no real news ,the markets will keep dropping this slowly, until buyers appear.
Mining licence news looks like its sticking to the original Rns which is late Feb or March, so this price has 3 to 7 weeks until news of the licence, so might see new lows.
Where this company is going, like the rest of you, I don't know, but we all should have known that Aim is a big gamble and only invest money you can afford to lose, so with that in mind, let,s just sit tight and wait and in theory we should have a answer about our direction of travel before the end of March
61 Posts today, no Rns so just basically chatting and arguing about nothing, what's new.
I suggest you switch off and unwind until end of Feb or sometime in March, that's when the news will start coming in, basing this on facts from the company, mining licence 2/3 months after receiving N/T from Knacs, so why don't we all have a break for a few weeks, obviously individuals who are paid to post wont agree to this, but hey that's life.
Still confident that come March we will have our mining licence and new CEO in place
Headlines
Sinking ship,shambles, flash sale etc,these Headlines have been with this company for the last 2 or more years, so what's new.
They have let us down on time scales, again and again, we should have become immune to it by now,but and it's a big but,I think this time it's for real after we received the title from the Knac I am convinced we are on our way and this will become a producer.
Changing from a explorer to a producer will be a massive re rate and we have waited this long, a few more months will do no harm.
The answer to the timescale is in the Feb Rns quote
Once Native Title is completed, the Company will immediately submit a Mining Proposal for State Approvals of the Project which is expected to take between 2-3 months for approval from submission. The Company intends to start civil and site works immediately after Native Title is received in parallel to the grant of the mining licence.
I honestly believe the mining licence will come within that time scale.
As for the Ceo that time scale must have been a mistake, missing the s from the word week, because as we now know a week is unrealistic, but even no Ceo short term, I don't see that as problem.
My timescale is to get the mining licence and a new Ceo by end of March this year and I think that's realistic
The answer to your question is no Wolfy
Until the mining licence is confirmed in a Rns market makers will play with the price, after the confirmation and I really can't see no reason why we won't get it,we should get a update on the whole project, going by their last update, I can't see news for at least another month, just trying to be realistic, based on their Rns
Once Native Title is completed, the Company will immediately submit a Mining Proposal for State Approvals of the Project which is expected to take between 2-3 months for approval from submission. The Company intends to start civil and site works immediately after Native Title is received in parallel to the grant of the mining licence.
Market makers will play with this price and spread until real news lands.
I honestly think that they are following the Rns from the 20th Feb 2023
Once Native Title is completed, the Company will immediately submit a Mining Proposal for State Approvals of the Project which is expected to take between 2-3 months for approval from submission. The Company intends to start civil and site works immediately after Native Title is received in parallel to the grant of the mining licence.
So if this statement is true we should see the road construction started in late Feb or March if that actually happens, no reason why not and it's realistic , then production could happen this year.