| Latest Forum Topics / Alita Resources Last:0.078 -- |
 Post Reply
|
|
alliance mineral resources move up
|
|||||
|
risktaker
Supreme |
26-Sep-2017 07:11
Yells: "Posts are opinions. Do not take it as investment advise " |
||||
|
x 0
x 0 Alert Admin |
haitong is huge in china.... i know the guy i charge in sg side... he very steady one... and all the deals he do will see profit one... Burwill get them in... i think Burwill really have something big going on ..
|
||||
| Useful To Me Not Useful To Me | |||||
|
SgYuan
Supreme |
26-Sep-2017 00:07
|
||||
|
x 0
x 0 Alert Admin |
What u see is possible.
But I think is very shallow. Let's see how it goes.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Atom99
Master |
25-Sep-2017 23:54
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
||||
|
x 0
x 0 Alert Admin |
I believe AMAL will be making an announcement for TH " pending an anouncement" pretty soon.Shortists beware.IMO
|
||||
| Useful To Me Not Useful To Me | |||||
|
Atom99
Master |
25-Sep-2017 23:21
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
||||
|
x 0
x 0 Alert Admin |
Hopefully,AMAL would make an announcement by this week...placement of shares to Burwill HL.IMO.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Atom99
Master |
25-Sep-2017 23:12
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
||||
|
x 0
x 0 Alert Admin |
Link to singapore site: http://www.htisec.com/en-us/htifs
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Atom99
Master |
25-Sep-2017 23:09
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
||||
|
x 0
x 0 Alert Admin |
Subscriber : Haitong Singapore... http://www.htisec.com/en-us/about-us
|
||||
| Useful To Me Not Useful To Me | |||||
|
Atom99
Master |
25-Sep-2017 22:59
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
||||
|
x 0
x 0 Alert Admin |
Access the link here to Burwill HL to read the full details of the announcement.. http://www.burwill.com/html/ir_annouce.php
|
||||
| Useful To Me Not Useful To Me | |||||
|
Atom99
Master |
25-Sep-2017 22:50
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
||||
|
x 0
x 0 Alert Admin |
One of the AMAL financial report stated... " The Company is currently evaluating various funding options both equity and debt, to fund the development of the Bald Hill Project, exploration expenditure and corporate costs..." My guess is AMAL may place 40 - 50 millions shares,appro. 10 percent of the company' s shares, to Burwill HL. Addtional Info on Burwill ISSUE OF CONVERTIBLE BONDS Parties (i) Issuer : the Company - refering to Burwill HL (ii) Subscriber : Haitong Singapore (iii) Guarantors : Mr. Chan, Favor King and Glory Add
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
furnaces
Veteran |
25-Sep-2017 22:46
|
||||
|
x 0
x 0 Alert Admin |
It is not announced yet, but from the looks of it, it should be. The anouncement specifically mentioned lithium upstream resource, which means lithium producers.
|
||||
| Useful To Me Not Useful To Me | |||||
|
timothylim890
Veteran |
25-Sep-2017 22:38
|
||||
|
x 0
x 0 Alert Admin |
Sorry help me out here...Burwill issued US$20m worth of convertible bonds to a Subscriber (not revealed), and will use part of the proceeds to invest in an upstream lithium resources business, which COULD be AMA? Am I getting this right?
|
||||
| Useful To Me Not Useful To Me | |||||
|
furnaces
Veteran |
25-Sep-2017 22:34
|
||||
|
x 0
x 0 Alert Admin |
There is a chance abc corrective wave might have ended at 0.27-0.255-0.265-0.25?
|
||||
| Useful To Me Not Useful To Me | |||||
|
furnaces
Veteran |
25-Sep-2017 22:31
|
||||
|
x 0
x 0 Alert Admin |
That is it! Raising funds for upstream Lithium resource business. Just wonder what would the percentage be and at what price?
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Atom99
Master |
25-Sep-2017 22:24
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
||||
|
x 0
x 0 Alert Admin |
Burwill HL announcement 25 SEP 17 http://www.burwill.com/html/ir_annouce.php ISSUE OF CONVERTIBLE BONDS UNDER GENERAL MANDATE ISSUE OF CONVERTIBLE BONDS TO HK$1,300 MILLION The Board is pleased to announce that on 25 September 2017 (after trading hours), the Company entered into the Subscription Agreement with the Subscriber in relation to the issue of Convertible Bonds in the aggregate principal amount of not more than US$20,000,000. Upon full conversion of the Convertible Bonds at the Conversion Price of HK$0.26 per Conversion Share (subject to adjustments), a total of 603,846,000 Conversion Shares will be issued, representing approximately 12.16% of the existing issued share capital of the Company and approximately 10.85% of the issued share capital of the Company as enlarged by the issue of the Conversion Shares. The Conversion Shares will be allotted and issued pursuant to the General Mandate. The gross proceeds from the issue of the Convertible Bonds will be approximately HK$156,000,000. The estimated net proceeds from the issue of the Convertible Bonds (after deduction of expenses) will be approximately HK$152,230,000, which is intended to be applied for general working capital purpose as well as the up-stream lithium resources business. Based on the Conversion Price of HK$0.26 per Conversion Share (subject to adjustments), the estimated net proceeds to be raised per Conversion Share will be approximately HK$0.252. The Subscription Agreement and the issue of Conversion Shares under the General Mandate are not subject to Shareholders&rsquo approval. No application will be made for the listing of, or permission to deal in, the Convertible Bonds on the Stock Exchange or any other stock exchange. Application will be made by the Company to the Stock Exchange for the listing of, and permission to deal in, the Conversion Shares. Since the Subscription is subject to the conditions set out in the Subscription Agreement, the Subscription may or may not proceed. Shareholders and potential investors are advised to exercise caution when dealing in the Shares.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Atom99
Master |
25-Sep-2017 22:11
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
||||
|
x 0
x 0 Alert Admin |
Highly probable that Burwill may invest in Alliance by way of placement from AMAL' s shares.And AMAL may use the final offtake
third payment of A$4,375,000,from Burwill to take a stake in Burwill' s 50/50 JV with Jiangxi Jiangte Mining Development Co., Ltd. The JV Company is principally engage in the processing of lithium concentrates and sale of lithium carbonate and lithium hydroxide. Lithium carbonate and lithium hydroxide are fundamental material for producing lithium battery. The JV Company plans to establish production lines with annual production scale of up to 10,000 tons of lithium carbonate and 5,000 tons of lithium hydroxide and schedules to have trial production in March 2018
|
||||
| Useful To Me Not Useful To Me | |||||
|
SgYuan
Supreme |
25-Sep-2017 22:07
|
||||
|
x 0
x 0 Alert Admin |
Waiting for it to retrace.
Px is very resilient.
|
||||
| Useful To Me Not Useful To Me | |||||
|
furnaces
Veteran |
25-Sep-2017 20:59
|
||||
|
x 0
x 0 Alert Admin |
My guess is Burwill will invest in Alliance (going upstream). But Burwill may have to raise some cash to do the investment. In exchange for the share investment, Alliance will probably gain something ( venturing downstream?).
|
||||
| Useful To Me Not Useful To Me | |||||
|
Atom99
Master |
25-Sep-2017 19:17
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
||||
|
x 0
x 0 Alert Admin |
ALLIANCE MINERAL ASSETS: " Why I' m bullish on it" http://www.sharejunction.com/sharejunction/investorInsights.htm
|
||||
| Useful To Me Not Useful To Me | |||||
|
risktaker
Supreme |
25-Sep-2017 15:48
Yells: "Posts are opinions. Do not take it as investment advise " |
||||
|
x 0
x 0 Alert Admin |
Visualizing The Massive Impact Of EVs On Commodities by Tyler Durden
Sep 25, 2017 2:45 AM
What would happen if you flipped a switch, and suddenly every new car that came off assembly lines was electric? It&rsquo s obviously a thought experiment, since right now EVs have close to just 1% market share worldwide. We&rsquo re still years away from EVs even hitting double-digit demand on a global basis, and the entire supply chain is built around the internal combustion engine, anyways. At the same time, however, as Visual Capitalist' s Jeff Desjardins notes, the scenario is interesting to consider. One recent projection, for example, put EVs at a 16% penetration by 2030 and then 51% by 2040. This could be conservative depending on the changing regulatory environment for manufacturers &ndash after all, big markets like China, France, and the U.K. have recently announced that they plan on banning gas-powered vehicles in the near future. THE THOUGHT EXPERIMENTWe discovered this &ldquo 100% EV world&rdquo thought experiment in a UBS report that everyone should read. As a part of their UBS Evidence Lab initiative, they tore down a Chevy Bolt to see exactly what is inside, and then had 39 of the bank&rsquo s analysts weigh in on the results. After breaking down the metals and other materials used in the vehicle, they noticed a considerable amount of variance from what gets used in a standard gas-powered car. It wasn&rsquo t just the battery pack that made a difference &ndash it was also the body and the permanent-magnet synchronous motor that had big implications.  Courtesy of: Visual Capitalist
As a part of their analysis, they extrapolated the data for a potential scenario where 100% of the world&rsquo s auto demand came from Chevy Bolts, instead of the current auto mix. THE IMPLICATIONSIf global demand suddenly flipped in this fashion, here&rsquo s what would happen: 
Some caveats we think are worth noting: The Bolt is not a Tesla The Bolt uses an NMC cathode formulation (nickel, manganese, and cobalt in a 1:1:1 ratio), versus Tesla vehicles which use NCA cathodes (nickel, cobalt, and aluminum, in an estimated 16:3:1 ratio). Further, the Bolt uses an permanent-magnet synchronous motor, which is different from Tesla&rsquo s AC induction motor &ndash the key difference there being rare earth usage. Big Markets, small markets: Lithium, cobalt, and graphite have tiny markets, and they will explode in size with any notable increase in EV demand. The nickel market, which is more than $20 billion per year, will also more than double in this scenario. It&rsquo s also worth noting that the Bolt uses low amounts of nickel in comparison to Tesla cathodes, which are 80% nickel. Meanwhile, the 100% EV scenario barely impacts the steel market, which is monstrous to begin with. The same can be said for silicon, even though the Bolt uses 6-10x more semiconductors than a regular car. The market for PGMs like platinum and palladium, however, gets decimated in this hypothetical scenario &ndash that&rsquo s because their use as catalysts in combustion engines are a primary source of demand. |
||||
| Useful To Me Not Useful To Me | |||||
|
Atom99
Master |
25-Sep-2017 13:53
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
||||
|
x 0
x 0 Alert Admin |
Something is " brewing" in Burrwill HL, its SP now at $0.29. Anything to do with the on-going discussion with AMAL?
|
||||
| Useful To Me Not Useful To Me | |||||
|
Atom99
Master |
25-Sep-2017 12:45
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
||||
|
x 0
x 0 Alert Admin |
Why now might be a good time to buy ASX lithium producers?by Tess Ingram
Pun-laden headlines about the " super-charged" lithium sector would have you believe Australian lithium stocks have been on a tear. That was certainly the story in 2016, when many of the local miners and hopefuls recorded triple-digit share price gains. But so far this year, the spark has been missing. While global lithium players have surged, Australian lithium producers have been relatively stagnant. Of the three key Australian lithium companies in production, Mineral Resources is the best performing, up about 25 per cent since the beginning of January (and it is important to note the Chris Ellison-led company also has a significant mining services business and iron ore mines). Argentinian-focused Orocobre' s share price has returned to its January base, after dropping nearly 40 per cent in March, while West Australian-focused Galaxy Resources has lost about 9 per cent. The share prices are still strong compared to where they were 18 months ago, but considering these companies have kicked off and de-risked projects during a period when lithium prices increased about 30 per cent, they should arguably have performed much stronger. The same holds true for a number of the lithium hopefuls developing the next phase of Australian production &ndash investors shrugged as strong sales agreements were inked or construction milestones reached. The performance is especially jarring when compared to the rally global lithium producers have enjoyed in step with the rising prices and a string of positive demand indicators for the metal, which is used in the lithium-ion batteries that power electric vehicles and energy storage systems. Of the five major global lithium producers, US-listed Albemarle, FMC and SQM are up between 50 and 100 per cent while Chinese-listed Tianqi Lithium and Jiangxi Ganfeng Lithium are up more than 100 and 200 per cent respectively. One portfolio manager told Due Diligence he and his team had been " pulling our hair out" . " We were sure we were right but then not many of our lithium stocks were doing what we thought they should be doing," he said. So why are Australia' s lithium miners the global laggards? Investors, analysts and company executives say there are a few dynamics behind the unusual disconnect. Scale, shorts and sentimentFor one, the global lithium producers are all much bigger than the Australian players. Albemarle, FMC, SQM and Tianqi all have market values in excess of $US10 billion, with Ganfeng at about $US9.5 billion. By comparison, Orocobre, Galaxy and MinRes have market caps of $920 million, $1 billion and $2.9 billion respectively. Pilbara Minerals is the largest developer with a value of $830 million. The Australian miners are only just making ground in an industry that has long been an oligopoly. They are competing against large, well-established producers that have the scale and liquidity to attract significant institutional or index-focused investors. But this may be beginning to change, with the likes of BlackRock and The Vanguard Group dipping their toes in Down Under. BlackRock is now Galaxy' s biggest shareholder with about $70 million worth of stock. Pilbara isn' t in production yet and already both funds feature in its top 10 shareholders. Then there' s the fact the global producers produce a more refined lithium product. The Australian producers, except for Orocobre, produce a concentrate from spodumene, a lithium-bearing mineral. The concentrate is then converted into end-use battery chemicals, including lithium hydroxide and lithium carbonate. Orocobre and the global producers produce lithium chemicals. Given the significant short positions in the Australian stocks, another theory is that some US hedge funds have taken long positions in the larger US stocks and short positions in Australian producers. About 16 per cent of Orocobre' s shares are held short and about 10 per cent of Galaxy' s. And lastly, it could come down to how Australian investors think. Our strong tradition in resources may be doing us a disservice in this instance, numerous sources suggested to Due Diligence. " The same argument some Australian investors have made about the near-term uncertainty around supply and demand can be made for Albemarle, SQM and FMC and yet their share prices have gone up," Canaccord Genuity analyst Reg Spencer says. " And that tells me the investors in those markets are thinking about this in a much longer term fashion than the resource-focused guys here, who are thinking more cyclically." Buying the disjointBut not everyone is thinking that way. Tribeca Investment Partners portfolio manager Ben Cleary says the disjoint has created opportunities. " More than half our portfolio is in North America &ndash as we are global investors &ndash but all of our lithium exposure is via Australian listed stocks because they represent far better value on most metrics but particularly on an enterprise value [EV] to production tonnes basis," Cleary says. Tribeca' s analysis pegs MinRes' s 2018 EV to production tonnes at $US50 a tonne, with Galaxy at $US38 a tonne and Orocobre at $US49 a tonne. By comparison the global producers are on a much higher " premium" &ndash SQM at $US338 a tonne, Ganfeng at $US565 a tonne and FMC at the top of the bunch at $US779 a tonne. " We see this dislocation between Australian and international peer valuations as short term and believe it' s a great opportunity from the long side," Cleary says. There are of course many that would disagree and argue the Australians' valuations reflect the risks the companies face entering a market dominated by powerful majors that could ramp-up supply and alongside tens of other new entrants racing to bring on new projects. Plenty think the rapid price acceleration has echoes of previous mineral sands and uranium price booms which rapidly collapsed, burning investors. There' s no doubt plenty of the ASX-listed lithium aspirants' projects won' t ever see the light of day. Terra Capital' s Matthew Langsford said it is all about identifying " those very low on the cost curve or in production soon &ndash that' s going to be a good place to make money" . But for Cleary, and others, the long term draw card is the one that has grabbed headlines &ndash the super-charged demand growth. The Chinese demand caseBattery costs are continuing to decline, traditional carmakers like Volkswagen and Mercedes-Benz are accelerating their EV strategies and regulators across the world are pushing for a transition to electric cars. In July, the United Kingdom and France advised they would ban the sale of petrol and diesel engine vehicles by 2040. China followed suit earlier this month with a commitment to switch all car sales to electric vehicles, but without setting a firm date. This would be a significant driver given China is the world' s largest auto market. In terms of electric vehicle sales, China' s BYD is bigger than Tesla. China' s major cities are some of the most polluted in the world and the government wants 5 million EVs on the road by 2020 as part of its plan to clean up. As China' s strategy evolves, it has wound back subsidies for electric vehicles. But a range of disincentives forced on consumers that continue to opt for petrol and diesel cars continues to drive sales of EVs. The confidence in a positive outlook is reinforced by the slow response from the supply side - mines are not being built as quickly as battery manufacturing capacity is being brought online. This dynamic has been exacerbated by lithium miners' difficulty securing traditional bank finance. Miners have said the metal' s lack of price visibility and hedging made banks skittish. And it' s not just lithium - last week Syrah Resources, which is developing the world' s largest graphite deposit, ended months of debt talks with an equity raising after not securing a facility on terms it was comfortable with. " The capital being deployed into the sector is still not in tempo with the rate at which supply needs to grow just in order to meet demand, let alone exceed it," Galaxy Resources managing director Anthony Tse says. " And looking at the customs data we have seen lithium prices go up very healthy double digits since the end of last year. But at the same time you have a noticeable increase of raw materials into China &ndash mainly spodumene and some lithium carbonate and chloride - based on our calculations for the first seven months of the year that' s already up almost one-fold. " You are looking at a one-fold increase in raw materials and the price has still gone up double digits and that tells you something about the demand side of the equation. So even we as industry insiders are still trying to get our heads around it but the general feeling is we have all underestimated demand levels." It seems the ASX lithium stocks have some catching up to do. Read more: http://www.afr.com/business/mining/why-now-might-be-a-good-time-to-buy-asx-lithium-producers-20170914-gyhysv#ixzz4tf92X28S Follow us: @FinancialReview on Twitter | financialreview on Facebook
|
||||
| Useful To Me Not Useful To Me | |||||