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Alien Metals Ord Shs ASLRF

Alien Metals Ltd is a United Kingdom-based mining exploration and development. The principal activity of the Company and its subsidiaries is the exploration and development of mineral resource assets. It holds a collection of projects within its portfolio, spearheaded by its Hancock DSO (direct shipping ore) iron ore project in which it has a 90% holding, through its 100% owned subsidiary the Iron Ore Company of Australia (IOCA). In addition to this, the IOCA portfolio consists of the Brockman (90%) and Vivash Gorge (100%) iron ore projects both surrounded by tier 1 tenements owned by mining corporates, such as Rio Tinto and FMG. Its Hancock Iron Ore Project is within 20 kilometres (km) of the established regional mining hub of Newman. Its Elizabeth Hill Silver Project is situated approximately 45 km south of Karratha in the Achaean Pilbara Block of the Pilbara Craton. The Munni Munni Project hosts significant PGE mineralization. This includes palladium, platinum, gold, and rhodium.


OTCPK:ASLRF - Post by User

Bullboard Posts
Post by martinboyon May 14, 2010 5:25pm
476 Views
Post# 17101168

Production begin .. since summer 2009

Production begin .. since summer 2009I am new here and therefore having no positive or negative interest.

Simply by looking into the home work I did, just found articles almost 1 year old .. stating production to begin in fall 2009.
Then production begin in Q4-2009, as re-assuring statement by management.
Then an other news release saying Q1-2010 to begin production.
Latest one is saying Q2-2010 (current quarter) to start production.
Strange - as never saw detailed reasons given for the production delay by multiple quarters.

Where is the mill located ?
What is the guarantee, that after 1 year delay the production really starts ?

Hoping for a concrete idea, discussion exchange of a healthy board - instead of the "basher etc. offendings".
Bullboard Posts