Been doing a bit of digging on Bradda Head(BH) Just the googles so no impressive investigative journalism, but essentially my impression is that the controlling shareholder Jim Mellon of the UK based Manx Financial group is wanting to have a profitable listing of BH on London-AIM by July 19. So the litigation will probably be advantageous in that way for him in that BH says that they are are an explorer in the lithium arena across all three types of resource. But the interesting link (at least for me) is the history with Zenith Resources (ASX: ZNC)
As an aside, Manx Financial Group seems to run a private bank out of the Isle of Man (hence the BH nomenclature as well as BH is a key geological feature on the Isle of Man) called Conister Bank. BH have been in and out of public listing since 2010 (being delisted off AIM in 2017 with a relisting later this month see https://www.fr24news.com/a/2021/07/mellon-to-list-lithium-miner-in-london-junior-market.html ) so this is what makes me suspect a bit of a shakedown with an eye to listing profits (see https://www.braddaheadltd.com/about-us/corporate/ )
What is really interesting is that there was previously a JV between ZNC and BH which was sold out earlier this year (ZNC —> BH) which involved these holdings that have popped up under dispute (from what I can gather). The ZNC main interest seems to be in Burro Creek which is some way to the SW OF HWK’s holdings (see here https://www.zenithminerals.com.au/wp-content/uploads/2019/08/Burro-Creek-Lithium-Project-Update.pdf. and here https://www.hazenresearch.com/sites/default/files/burro_creek_li.pdf )
I’m not quite sure of the connection to the nice ‘pink square’ identified on other maps by @Matilla (great maps BTW) yet.
Anyway the upshot is that thru their previous relationship with ZNC, it seems that BH now want to dispute some holdings as per the explanation towards the end of this article:
https://*********.com.au/zenith-minerals-divests-us-lithium-assets-focus-australian-copper-gold-projects/
Still not sure what to make of it other than wait and see what HWK’s ongoing response is but it certainly is a ‘hold this space’ situation.
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