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| 13-Feb-2017 10:08 |
Alita Resources
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alliance mineral resources move up
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In my opinion,AMAL is going to rally big time!
Hold and wait till March for the resources report.
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| 13-Feb-2017 00:29 |
Alita Resources
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Alliance Mineral reported:
CONTINUED STRONG METALLURIGICAL RESULTS AT THE BALD HILL MINE Up to 93.4% Recovery and 7.1% Concentrate Grade Alliance Mineral Assets is pleased to announce the attached Joint Venture Announcement in relation to the Bald Hill Mine. Highlights Variability test work from multiple locations and grade ranges has confirmed consistent and unusually high gravity recoveries and high concentrate grades. Low grade feed also produces high grade concentrates and recoveries and the apparent lithium grades within light fractions are low. Dense Media Separation (DMS) test work at 10mm crush size returned exceptionally high primary concentrate grade indicating relative insensitivity of Bald Hill material to crush size. Ongoing test work is being undertaken to complete a flow sheet design and a six tonne bulk sample is being collected to produce a DMS concentrate for final product evaluation by a number of potential offtake parties. Chief Executive Officer Tjandra Pramoko stated: ?The Bald Hill lithium pegmatites contain very coarse, primary low iron spodumene that is proving highly acceptable to gravity separation at varying crush sizes and head grades. Unlike secondary spodumene derived from petalite, coarse primary crystal spodumene ores for the most part do not require fine grinding. Bald Hill is expected to produce high grade concentrates well suited for the Battery Industry converters, with limited fines and without low grade petalite or lepidolite. The bulk sampling process underway will provide prospective off take parties with larger samples of concentrate with the same specifications as those expected to be produced. The highly favourable, simple metallurgy requirements of Bald Hill will allow for a staged retrofit of a DMS circuit followed by smaller fines circuit at a later date. The advantages of a DMS circuit are the low capital cost and installation time requirements but also, the very low operating cost of the process which avoids grinding and limits consumables. This gives us confidence that we will commence commissioning the DMS circuit later this year.? Augur very well for AMAL. Lithium demand is booming all over the world... In my opinion, this is the company to watch ... this stock is going to quadruple DYODD.
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| 04-Feb-2017 13:45 |
Yoma Strategic
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YOMA
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YOMA third Qtr ended 31 Dec2016 financial results will be out on 10 FEB 2017.
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| 03-Feb-2017 08:58 |
Alita Resources
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Nextinsight posted AllianceMineral ...
https://www.nextinsight.net/story-archive-mainmenu-60/939-2017/11270-alliance-mineral-assets-will-lithium-reserves-be-its-goldmine
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| 01-Feb-2017 20:51 |
Yoma Strategic
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YOMA
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Yes.All the necessary required approval completed.Awaiting YOMA to announce details of the Landmark development plan in mid Feb.
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| 01-Feb-2017 18:42 |
Yoma Strategic
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YOMA
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Maye have to wait till mid February... Pun-Backed Project At Yangon&rsquo s Colonial Railway Building Wins &lsquo Milestone&rsquo Government Approval Ambitious $660 million plan involves turning former Railway Company headquarters into a hotel. The Myanmar In vestment Com mission (MIC) has given approval to a mixed-use mega project at the heritage listed My anmar Railway Company building in downtown Yangon. The Landmark Devel opment, as it' s known, is divided into two parts. The redevelopment of the colonial era Myan mar Railway Company building into the five star Peninsula Hotel Yangon and a mix-used develop ment which is to include a business hotel, serviced apartments, high-end retail and office space on the surrounding land owned by the Ministry of Transport and Communi cations. Local business tycoon Serge Pun' s First Myan mar Investment Group (FMI) and Singapore list ed sister company Yoma Strategic Holdings will own 12 percent and 48 percent of the mixed-use project, with Yoma ex pecting to spend between 92 million and $117 mil lion on the project. **FMI told Myanmar Business Today more de tails on the next phase of the project would be re vealed in mid-February.** The MIC approval re moves the last hurdle for the project, which has been held back for years while local firm Yoma Strategic Holdings sought two 50 year lease extensions for the land owned by the then Ministry of Railways. &ldquo This is a major mile stone towards satisfac tion of conditions in the Company' s sharehold ers agreements with its respective joint venture partners,&rdquo Tun Tun, FMI&rsquo s executive director, said in a note to investors published on the Yangon Stock Exchange website. The project, a collabora tion between several firms from across Asia, will cost over $660 million and is slated for completion in 2020. Japan&rsquo s Mitsubishi Cor poration and Mitsubishi Estate will own 30 percent of the mixed-use develop ment, while the Interna tional Finance Corporation (IFC) and Asia Develop ment Bank (ADB) will own 5 percent each. Hong Kong and Shang hai Hotels will own 80 percent of The Peninsula Hotel development while Serge Pun' s Yoma Strate gic and FMI will own 24 percent and 6 percent re spectively. http://www.mmbiztoday.com
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| 01-Feb-2017 08:40 |
Alita Resources
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Goldman Sachs says lithium as ?the new gasoline?, it?s impossible to ignore this versatile metal?s potential as a game-changer for the global transportation.
Deutsche Bank, in a recent report titled, ?Welcome to the Lithium-ion Age,? forecasts demand for EV batteries will increase fivefold over the next decade ? and global lithium demand will increase from 181 kilotonnes of lithium carbonate equivalent to 535 kilotonnes by 2025. Lithium demand is booming all over the world driven EV vehicles,energy storage devices,electronic gadgets,computers and many more. Unlike other commodities,there is no benchmark price for Lithium in the market. It is still in infancy stage. Augers well for AMAL.From exploration to Jorc resources to construction of production facilities... one step closer to begin Lithium production in Oct17.First mover advantage. It will do well to keep a close eye on this company bcos lithium is the future of energy. I am vested.DYODD.Dig into the internet to find out. Hope everyone huat ah $$$.
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| 31-Jan-2017 15:20 |
Alita Resources
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March '17 report is important becos we should know the estimated Lithium resource... hopefully it is very significant... 150 million tonnes?If AMAL can start production according to plan in Oct ''17 and offtake arrangement is signed with customers In my opinion this stock will shoot up.
Current price of Lithium concentrate for 6% Li20 sold by Galaxy Resources was US $ 905/t. The key is how efficient is their production process in extracting the Lithium concentrate.That is,production yield rate. DYODD.
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| 27-Jan-2017 14:33 |
Yoma Strategic
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YOMA
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Supposed to be today. Maybe in the evening...
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| 27-Jan-2017 09:18 |
Alita Resources
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Keep a close watch on this company.Lithium is the metal oil of the future.Lithium is used in EV,power storage,electronic gadgets and many more.Dig into the internet about Lithium.Go read about This company called TELSA,they mfg EV and power storage equipment...
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| 27-Jan-2017 00:32 |
Alita Resources
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PROMISING RESULTS AT THE BALD HILL MINE WITH HIGH GRADE LITHIUM RESULTS
Chief Executive Officer Tjandra Pramoko stated: ?Resource infill drilling is focusing on an initial block extending for 1,000m by 300m with multiple pegmatites extending from near-surface to about 140m depth. This drilling will enable a significant resource upgrade. At recent pricing, the in-ground combined values of the lithium and tantalum mineralisation is significant, and tantalum by-product credits have the potential to cover a large share of mining costs.? Singapore, 26 January 2017: Singapore listed Alliance Mineral Assets Limited (?Alliance Mineral?, or ?AMAL? or the ?Company?), a mining company engaged in the business of developing and producing Tantalite and exploration and exploitation of Lithium & Other Mineral Resources in Australia, refers to the announcements dated 3 June 2016, 25 July 2016, 17 August 2016, 30 September 2016, 3 November 2016, 17 November 2016, 12 December 2016, 18 January 2017 and circular (?Circular?) dated 24 August 2016 for inter alia, a Farm-In and Joint Venture arrangement (?Definitive Agreements?) with Lithco 2 Pty Ltd (?Lithco? or ?Potential JV Partner?), with respect to the Company?s Bald Hill project (?Project?) in Western Australia for the purpose of joint exploration and exploitation of lithium and other minerals. AMAL is pleased to announce the attached Joint Announcement in relation to the Project. Highlights Stacked lithium and/or tantalum rich pegmatites from surface to 140m have been defined Drilling has intersected three high grade intercepts over 300m strike of the central area i. LRC0048 - 10m at 3.82% Li2O and 243ppm Ta2O5 from 159m including 8m at 4.43% Li2O5 ii. LRC0049 ? 4m at 2.39% Li2O and 246ppm Ta205 from 23m iii. LRC0052 ? 7m at 1.93% Li2O and 261ppm Ta2O5 from 32m including 4m at 2.9% Li2O5 and 310ppm Ta205 and iv. LRC0048 and 49 intercepted other mineralised pegmatites. Drilling at the current north-western limit of the Western Pegmatite also intercepted very high grade mineralisation in LRC0015 - 6m at 1.61% Li2O and 586ppm Ta205 from 74m including 4m at 2.2% Li2O and 766ppm Ta2O5 Extensions to LRDD0006 ? intercepted 6.9m at 1.29% Li20 and 288ppm Ta205 from 141m in addition to 23m at 1.15% Li2O from 107m and 4m at 1.33% Li205 and 485ppm Ta205 from 74m previously reported. Strong patterns of zonation and very coarse-grained spodumene are apparent with potential to use visual/analytical processes in grade control to separately stockpile Li, Li/Ta and Ta rich pegmatite during mining. Infill resource drilling is the current focus with the recent completion of initial metallurgical and sterilisation holes. Initial assays from the extensive St John pegmatite swarm returned significant near surface intercepts including 4m at 1.6% Li2O from 22m and 4m at 1.19% Li2O from 38m. The St John pegmatites located 4km north-west of the Bald Hill plant, occur in an area of at least 1.2km2 and are covered by mining leases. 13,300m has been drilled since 12 October 2016 and Tawana (listed on the Australian Securities Exchange, of which wholly owns Lithco) is increasing drill rigs from 2 to 3. Feasibility study is due for completion by the end of March 2017 with the aim of commissioning of the spodumene concentrator to commence in October 2017. Chief Executive Officer Tjandra Pramoko stated: ?Resource infill drilling is focusing on an initial block extending for 1,000m by 300m with multiple pegmatites extending from near-surface to about 140m depth. This drilling will enable a significant resource upgrade. At recent pricing, the in-ground combined values of the lithium and tantalum mineralisation is significant, and tantalum by-product credits have the potential to cover a large share of mining costs.?
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| 25-Jan-2017 01:10 |
Yoma Strategic
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YOMA
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YOMA to release 3qtr financial report on 27/1/2017.
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| 19-Jan-2017 15:18 |
Alita Resources
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Wait for the Lithium resource estimate at the end of 1st qtr report.In my opinion,going by the past announcements, the Lithium resource should be significant.Hopefully, the share price would quadruple by then.DYODD.
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| 16-Jan-2017 16:48 |
Alita Resources
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I believe positive.See my previous post.
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| 16-Jan-2017 14:11 |
Alita Resources
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Tawana Resources NL (?Tawana? or the ?Company?) is pleased to announce that, based on the outstanding results from the conceptual engineering study, the Board has approved the commencement of a Feasibility Study (Study) for the Bald Hill Lithium and Tantalum Project, located 50km from Kambalda, Western Australia.
Highlights A conceptual engineering study at the Bald Hill Mine highlighted a potentially highly profitable operation, rapid payback and a low capital cost by retrofitting a spodumene circuit. Feasibility Study commenced and expected to be completed by the end of March 2017. Engaged experienced lithium plant engineering company Primero Group to conduct the Study. Primero was involved with the later stages of construction and is currently involved with commissioning of Galaxy Resources Limited?s Mt Cattlin Project. A staged flowsheet is anticipated to reduce time and cost to initial production allowing a fast track approach from the study to detailed design, construction, commissioning and lithium concentrate production. Phase 1 flowsheet will consist of a 1Mtpa (million tonnes per annum) spodumene concentrator circuit using dense medium separation (DMS). A proposal has also been received for the detailed design of the plant to allow a seamless flow from the Study to detailed design. Long lead items to be procured during the early stages of detailed design to meet target commissioning date of October 2017. Tawana continuing to move towards being construction-ready with the following being completed by the end of the first quarter 2017. i. Maiden lithium Resource/Reserve estimate ii. Completionofmetallurgytest-workwithoptimisedflowsheet iii. Feasibility Study including detailed design and placing orders for key capital components iv. Award Engineering, Procurement Construction (EPC) contract and v. Shortlist potential off-takers, reviewing prepayment and other financing opportunity. Website:Tawana.com.au
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| 14-Jan-2017 09:35 |
Yoma Strategic
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YOMA
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SHAREHOLDERS? TRIP TO YANGON, MYANMAR
Singapore, 13 January 2017 ? As part of its shareholder relations programme, Yoma Strategic Holdings Ltd. (the ?Company? and together with its subsidiaries, the ?Group?) is pleased to invite shareholders1 to participate in a 3-day 2-night trip to Yangon, Myanmar, from 23 March 2017 to 25 March 2017 (the ?Shareholders? Trip?). This is the fourth successive year that the Company will be hosting its shareholders in Yangon, following the overwhelming success of previous trips. The itinerary for the Shareholders? Trip will include visits to the Group?s key property development projects as well as its consumer and automotive businesses. There will be interactive sessions with the Group?s key executives allowing shareholders to gain a better understanding of the Company and to assess the current political, economic and social developments in Myanmar. There will also be visits to key tourist attractions in Yangon. The Company will host its shareholders by organising the ground transportation and sponsoring the meals. Shareholders will have to pay for all other cost including their own flight and accommodation. Shareholders are encouraged to book their flights and accommodation via the Company?s appointed travel agency in Singapore, which will be disclosed upon registration to ensure logistics efficiency2. We seek your understanding that registration will be based on a first-come-first-served basis and is subject to availability. Interested shareholders are to indicate their interest with the Company?s designated contact persons by 10 February 2017, 5 p.m. Singapore time via email to shareholder_trip@yomastrategic.com with their full names, Identification Card numbers, addresses and telephone contact details3. In addition, a deposit will have to be paid within 5 working days upon registration to confirm the registration. Further details on the trip will be provided to those shareholders who have registered with the Company. The decision of the Company on matters relating to registration shall be final and the itinerary of the trip is subject to change at the sole discretion of the Company.
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| 13-Jan-2017 10:08 |
Yoma Strategic
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YOMA
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SINGAPORE (Jan 13): Yoma Strategic says its Landmark development projects have been approved by the Myanmar Investment Commission and listed as Permitted Investments (1/2017).
The developments are located at Bogyoke Aung San Road and the former headquarters of the Burma Railway Company which will be turned into ?The Peninsula Yangon?. ?This is a major milestone towards satisfaction of conditions in the company?s shareholders agreements with its respective joint venture partners. The company will work with these partners to finalise the Landmark Projects,? says CEO Melvyn Pun in its filing. In its efforts to cut red tape and encourage foreign direct investments, Myanmar introduced a new investment law to consolidate the existing Foreign Investment Law and the Myanmar Citizens? Investment Law and unify the investment code.
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| 23-Dec-2016 14:18 |
Alita Resources
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In my opinion it should be positive.You can go to ASX website to know more abt TAWANA RESOURCES announcement:
http://m.asx.com.au/m/announcements.xhtml
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| 23-Dec-2016 13:56 |
Alita Resources
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Today,Tawana Resources shareholders have unanimously approved the acquisition of LITHCO
No 2 Pty Ltd.
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| 20-Dec-2016 10:00 |
Alita Resources
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Announcement by Tawana Resources on ASX that they have completed due diligence on Bald Hill Mine and the BODs are recommending to shareholders for the acquisition...
Please access the link for this announcement. http://www.asx.com.au/asxpdf/20161220/pdf/43dvm0f5lz204b.pdf
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