| Latest Forum Topics / Alita Resources Last:0.078 -- |
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alliance mineral resources move up
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EmmGru
Veteran |
12-Apr-2017 00:39
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The short-sell volume today only 180k. Think the funds sell out just reflects they have very smart traders - they sell and lock in profit when all the crazy retailers sell down their own share so they have opportunity to buy cheaper later. From Fri to today not much sig, new news so likely it is just smart trading and not a reaction to change in fundamentals. |
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WL123456
Supreme |
12-Apr-2017 00:36
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Tawana misrepresented during the roadshow to investors......Bad news for AMA tml. Price will most likely tank. |
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RedEye1811
Master |
12-Apr-2017 00:03
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May be good choice....do not think be positive for tmr...market sentiment global etc not great n news on this stock not comforting...u likely get a good reward
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Jeromelow
Senior |
11-Apr-2017 23:19
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finally release the news liao |
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Atom99
Master |
11-Apr-2017 23:18
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
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ALLIANCE MINERAL ASSETS LIMITED (Company Registration Number: ACN 147 393 735) (Incorporated in the Australia on 6 December 2010) RECENT JOINT ANNOUNCEMENT WITH TAWANA The board of directors (&ldquo Board&rdquo or &ldquo Directors&rdquo ) of Alliance Mineral Assets Limited (the &ldquo Company&rdquo or &ldquo AMA&rdquo ) refers to the joint announcement of the Company and Tawana Resources NL (&ldquo Tawana&rdquo ) that was released by the Company on SGXNet on 15 March 17 titled &ldquo Excellent Results from Large Scale Metallurgical Test Work&rdquo (&ldquo Original Joint Announcement&rdquo ) .Tawana had also released the Original Joint Announcement on the ASX website on 16 March 2017. Subsequent to the Original Joint Announcement, the Board notes and wishes to highlight the following: (1) Tawana had on 3 April 2017 released their presentation material titled &ldquo Investor Presentation Advancing Towards Lithium Production&rdquo (&ldquo Presentation Slides&rdquo ) on the ASX website in conjunction with a presentation to investors in Sydney made by Mr. Mark Calderwood, the Managing Director of Tawana. AMA was not involved and did not attend this presentation in Sydney with Tawana. (2) On 7 April 2017, Tawana announced a clarification to, retract and replace (a) the Presentation Slides and (b) its Original Joint Announcement (&ldquo Clarification Announcement&rdquo ). The aforesaid announcement can be assessed through this link: http://www.asx.com.au/asxpdf/20170407/pdf/43hcdg94lvl18r.pdf . (3) As stated in Tawana&rsquo s Clarification Announcement, its Presentation Slides and its Original Joint Announcement contain reference to indicative plant operating parameters for the purpose of a Feasibility Study, which is due for release at the end of April 2017. In connection thereto, Tawana retracted and replaced, inter alia, its Original Joint Announcement, with the following deletions of sentences from its Original Joint Announcement: &bull This equates to about 129,000 tpa of high grade coarse concentrate grading +6.4% Li2O at 1mpta of feed. &bull In addition, a total of 285,000t of fines and secondary concentrates, per million tonnes of feed, would be stockpiled for stage 2 processing or initially treated through the tantalum circuit. &bull This is expected to add ~45,000t of concentrates at limited incremental cost. Tawana also cautioned investors against using any statements made in its Original Joint Announcement and its Presentation Slides which may indicate or amount to a reporting of a production target or forecast financial information as the basis for making any investment decisions about shares in Tawana. Correspondingly, AMA wishes to clarify that the Parameters being investigated by Tawana as part of the Feasibility Study of the Bald Hill Project, do not constitute a production forecast or target in relation to mineral resources associated with the Company&rsquo s Bald Hill Project. (4) It is to note that this announcement does not alter the excellent results from the metallurgical work performed as part of Tawana Farm-in Arrangement with AMA, which are outlined on pages 2 to 5 of the Original Joint Announcement. BY ORDER OF THE BOARD Suen Sze Man Executive Director 11 April 2017 This
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timothylim890
Veteran |
11-Apr-2017 22:53
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Just released: http://infopub.sgx.com/FileOpen/20170411%20Recent%20Joint%20Ann%20withTawana%20Clarification%20Final.ashx?App=Announcement& FileID=447767 AMAL has aligned with Tawana in terms of the retraction/clarification of the latter' s investor presentation slides. |
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MKMQMJ
Member |
11-Apr-2017 22:48
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On 13 Oct 2016, Harbour Asia Opportunity Master Fund (HAOMF) invested $2.66m in AMAL.
On 7 April 2017, HAOMF cash out $2.59m from AMAL. HAOMF is just collecting back his investment cost. The balance 3.5% holding is a net profit. For HAOMF, it is a zero capital investment. Correct me if I am wrong. Peace.
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jack2906
Veteran |
11-Apr-2017 22:36
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you like tat say... tmr I will go short~
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risktaker
Supreme |
11-Apr-2017 21:40
Yells: "Posts are opinions. Do not take it as investment advise " |
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I think they afraid of being too transparent.... n there r 5 rigs there drilling... they hope to complete the drilling before june july 2017.... i can say alliance is only taking a break....but will likely resume its uptrend really soon..
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sheerluck
Supreme |
11-Apr-2017 21:28
Yells: "Work for your money first then let your money work for you" |
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Now three funds below radar. Any way their cost only 6-11cts so very good profit for them. They could have sold at 40cts last week to gain more. Why sell just after tawana retract their targeted production figures?
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RedEye1811
Master |
11-Apr-2017 21:25
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Think you missed something in your sentence...not certain if you trying to say you do not subscribe to view or you do...wish to clarify...sorry but just thinking you missed something in sentence...
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risktaker
Supreme |
11-Apr-2017 21:25
Yells: "Posts are opinions. Do not take it as investment advise " |
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i think this is the ultimate flush... slight negative for tomorrow opening as funds sell....but good to buy at low price.... if things are not good ......Cannacord wont be involved....Funds could take profit due to the restriction to trading of the stocks by various brokerage firm... Anyway i am basied towards alliances so haha u guys please do your own research... |
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sheerluck
Supreme |
11-Apr-2017 21:22
Yells: "Work for your money first then let your money work for you" |
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I don't the argument is sound if when fund buys people sing praises and when fund sells there is nothing to worry about.
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jack2906
Veteran |
11-Apr-2017 21:15
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thanks for your feedback... sharejunction is a good place to get signal to buy or sell... simple rule to follow when more than 50% ppl shout buy buy buy, then is the time to go short... because 80% investor loss money and only 20% make profit.
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jack2906
Veteran |
11-Apr-2017 21:10
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100k is small matter for penny stock~ millions will be significant~
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Jeromelow
Senior |
11-Apr-2017 21:03
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dont know why i spotted a few 100k above buying the shares .... |
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RedEye1811
Master |
11-Apr-2017 20:53
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http://infopub.sgx.com/FileOpen/_1.%20%20%20%20Form%203%20%20Harbour%20Asia%20Opportunity%20Master%20Fund%20Final.ashx?App=Announcement& FileID=447745
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Jeromelow
Senior |
11-Apr-2017 20:52
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can i have the link? |
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RedEye1811
Master |
11-Apr-2017 20:51
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You talking the 300,000 shares CEO bought a few weeks ago?
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Jeromelow
Senior |
11-Apr-2017 20:50
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got link? |
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