LTR (ASX) News: LTR Mila Resources Signs Agreement With Liontown To Explore For Lithium

Originally posted by sol1: ↑

A clarification & clarity:

"Mila Resources Plc: An option agreement with Liontown to explore for lithium & Amendments to the Kathleen Valley
Earn-in agreement."--RNS/Ann, 27 July 2023.

"Simultanously, it has entered into a d e e d of AMENDMENT with Trans Pacific Energy Group Ltd [TPE] & New Generations Minerals Ltd
[NGM] the other owners of the the licence.."

"Liontown has the option to acquire up to 80% of the LITHIUM RIGHTS from Mila & TPE for a consideration of £2.2 million through a phased investment programme. By agreement _{with TPE & NGM, Mila has currently a 50% interest , in the Lithium rights, representing 10% of the lithium rights
following full exercise by L I O N T O W N."

"Mark Stephenson, CEO of Mila Resources: We expect there to be considerable geological knowledge from LIONTOWNS EXPLORATION D A T A
on this area.....deep experience of the Liontown team."My Comment:
With due respect, I am not sure why my post above relating to TRANS PACIFIC ENERGY GROUP LTD and their previous
work on the Kathleen Valley Licence No E 36/876 was moderated and deleted out for the reason: "OFF-TOPIC."
How can it be off-topic and reported as such by anyone on this forum given Liontown investors may not be aware
that in FACT Mila Resources DOES NOT OWN KATHLEEN VALLUE LICENCE E36/876 100% but rather only 50% with the other partners being
TRANS PACIFIC GROUP LTD & NGM, of which own the other 50% ---and LIONTOWN HAD TO ALSO DO AN AMENDMENT DEED WITH
Trans Pacific Group Ltd & NGM.

Link to check the Mila RNS,/ANN, 27 .7.23 above at https://www.milaresources.com [Click icon: REGULATORY NEWS]

IN CONCLUSION: THEREFORE, LIONTOWN JV WITH MILA RESOURCES [50% OWNER] & TRANS PACIFIC ENERGY GROUP LTD & NGM [THE OTHER 50% OWNER] at Kathleen Valley, E36/876 which is on the border to Liontown's Mt Mann & Kathleen's Corner.

So, Trans Pacific Energy Group Ltd [TPE] drilling of the licence prior to Mila's listing in London in 2021 is of interest.
This is on public file and as norm will be at the Australian Govt Mining Dept site as all exploration work etc has to be lodged as norm.

Surely, Liontown will have to look at historic reports on Mila/TPE/NGM's exploration work & 12 drills at Kathleen Valley E36/876
and any other work done prior to this as well which is also norm -part of due diligence.

---SO, I HOPE THIS CLARIFIES ---Sol1 , 30 July 2023

Unfortunately, this thread might have been long by me as I could NOT obtain all the info all at once
as was the case for the Liontown posters who posted here as shared research. Thank you.}

Expand

Originally posted by sol1: ↑

A clarification & clarity:

"Mila Resources Plc: An option agreement with Liontown to explore for lithium & Amendments to the Kathleen Valley
Earn-in agreement."--RNS/Ann, 27 July 2023.

"Simultanously, it has entered into a d e e d of AMENDMENT with Trans Pacific Energy Group Ltd [TPE] & New Generations Minerals Ltd
[NGM] the other owners of the the licence.."

"Liontown has the option to acquire up to 80% of the LITHIUM RIGHTS from Mila & TPE for a consideration of £2.2 million through a phased investment programme. By agreement _{with TPE & NGM, Mila has currently a 50% interest , in the Lithium rights, representing 10% of the lithium rights
following full exercise by L I O N T O W N."

"Mark Stephenson, CEO of Mila Resources: We expect there to be considerable geological knowledge from LIONTOWNS EXPLORATION D A T A
on this area.....deep experience of the Liontown team."My Comment:
With due respect, I am not sure why my post above relating to TRANS PACIFIC ENERGY GROUP LTD and their previous
work on the Kathleen Valley Licence No E 36/876 was moderated and deleted out for the reason: "OFF-TOPIC."
How can it be off-topic and reported as such by anyone on this forum given Liontown investors may not be aware
that in FACT Mila Resources DOES NOT OWN KATHLEEN VALLUE LICENCE E36/876 100% but rather only 50% with the other partners being
TRANS PACIFIC GROUP LTD & NGM, of which own the other 50% ---and LIONTOWN HAD TO ALSO DO AN AMENDMENT DEED WITH
Trans Pacific Group Ltd & NGM.

Link to check the Mila RNS,/ANN, 27 .7.23 above at https://www.milaresources.com [Click icon: REGULATORY NEWS]

IN CONCLUSION: THEREFORE, LIONTOWN JV WITH MILA RESOURCES [50% OWNER] & TRANS PACIFIC ENERGY GROUP LTD & NGM [THE OTHER 50% OWNER] at Kathleen Valley, E36/876 which is on the border to Liontown's Mt Mann & Kathleen's Corner.

So, Trans Pacific Energy Group Ltd [TPE] drilling of the licence prior to Mila's listing in London in 2021 is of interest.
This is on public file and as norm will be at the Australian Govt Mining Dept site as all exploration work etc has to be lodged as norm.

Surely, Liontown will have to look at historic reports on Mila/TPE/NGM's exploration work & 12 drills at Kathleen Valley E36/876
and any other work done prior to this as well which is also norm -part of due diligence.

---SO, I HOPE THIS CLARIFIES ---Sol1 , 30 July 2023

Unfortunately, this thread might have been long by me as I could NOT obtain all the info all at once
as was the case for the Liontown posters who posted here as shared research. Thank you.}

Expand

2.2 million pounds or dollars ,please clarify/amemd

No.	Vol.	Price($)
38	587258	97.0¢

No.

Vol.

Price($)

587258

97.0¢

Price($)	Vol.	No.
97.5¢	179678	32

Price($)

Vol.

No.

97.5¢

179678

No.	Vol.	Price($)
34	582191	0.970
33	734680	0.965
34	696362	0.960
8	304974	0.955
29	777239	0.950

No.

Vol.

Price($)

582191

0.970

734680

0.965

696362

0.960

304974

0.955

777239

0.950

Price($)	Vol.	No.
0.975	168613	22
0.980	408830	41
0.985	221811	11
0.990	157696	16
0.995	250686	12

Price($)

Vol.

No.

0.975

168613

0.980

408830

0.985

221811

0.990

157696

0.995

250686

(20min delay)
Last 97.5¢		Change -0.010(1.02%)		Mkt cap ! $2.364B

Open	High	Low	Value	Volume
98.5¢	98.5¢	96.0¢	$4.862M	4.992M

2.2 million pounds or dollars ,please clarify/amemd

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