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Alliance Mineral the next Blue Chip - TP 1.50
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tonytan44
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26-Jul-2019 14:42
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midas is 0....before it died it went up. it is so straight forward
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risktaker
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26-Jul-2019 14:38
Yells: "Posts are opinions. Do not take it as investment advise " |
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This lithium story is sound n clear..... n the direction of the coy is very clear.... burning of cash is state clearly...
There is nothing to hide LOL.... its straight forward .... thats why u dont even have to think or guess will the situation improve...
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tonytan44
Supreme |
26-Jul-2019 14:35
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subsequently ozzy side bullish liao then sg side halt and chut bad news......haha......this script sounds like a SG_HK dual listed company which is still suspended.
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tonytan44
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26-Jul-2019 14:31
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BBs should play the same trick HK dual listing played on sg......wait ozzy mkt close then RAM up alita sg........on monday the ozzy stll sotong ram another time in SG then you see the ozzy side start to move.
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risktaker
Supreme |
26-Jul-2019 14:13
Yells: "Posts are opinions. Do not take it as investment advise " |
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CFO quit... director sell... becareful
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Msport
Elite |
26-Jul-2019 14:10
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After falling more than 50% in 2mth plus.. today gap down may be a temp bottom... watch next wk for bounce...
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risktaker
Supreme |
26-Jul-2019 13:46
Yells: "Posts are opinions. Do not take it as investment advise " |
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As long as there is no improvement on the burning of cash....and prices of lithium rebound... we can say... this coy could go bankrupt by 2020...
As we all say management is extremely important...but currently the management seems to be an issue paying themselves high salary and benefits... Cost is too high... all target from previous presentation goes way out...we cant trust them anymore... 5 to 8c range is when they provide a concrete plan to stop the bleeding..or else prepare for a low offer from gxy...
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Trexxx
Veteran |
26-Jul-2019 13:35
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i think we' ll all be chasing the stock at that level lol
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risktaker
Supreme |
26-Jul-2019 13:32
Yells: "Posts are opinions. Do not take it as investment advise " |
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Next week we.likely be trading 5 to 8c range
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SgYuan
Supreme |
26-Jul-2019 12:22
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Overall ew w0 45 w1 460 - delta 415 - next tgt 78.6% delta 326 tgt 134 - next tgt 88.6% delta 368 tgt 92 - px hit low 93 now High  risk high gain bottom scoop Mini Ew w0 93 w1 98 w2? w1 5 w2 3 tgt 95 - cut if break 93 w3 8 tgt 103 w4 3 tgt 100 w5 5 tgt 105  
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Trexxx
Veteran |
26-Jul-2019 12:05
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need to see today and tomorrow close before making the move
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Msport
Elite |
26-Jul-2019 12:03
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look for abandon baby pattern...   |
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Seriously
Member |
26-Jul-2019 11:42
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Aiyo. It is played by few shortlist that gambling it's way. Gambling stocks wont need all these justification. Same reasons why one keep writing these assumptions. | ||||
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risktaker
Supreme |
26-Jul-2019 10:21
Yells: "Posts are opinions. Do not take it as investment advise " |
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The main reason why theres a sell down....
1) lithium sector is weak...as oversupply from various area depressing prices 2) mining cost is extremely high 3) there is no major.offtake.. those in talks are pretty small.. 4) many progress has been delayed as cost run high.. example fine circuit 5) recent fund raise cannot last thru the end of the year with current running cost.... it will need more money Coy is burning money... so be very careful... mkt cap could go below 70m to 100m range...good luck... my view only |
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nqing87
Supreme |
26-Jul-2019 10:17
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it doesnt matter how much demand or price of lithium is.. at the end of the day, what is most important is whether the bottomline is a profit or a loss, and the cash flow.. dont just look at the macros only of whatever bright prospect of lithium.. look within the company itself of whether it can deliver profits to shareholders.. bright macro prospect doesnt mean every company dealing with it will be profitable | ||||
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tonytan44
Supreme |
26-Jul-2019 10:12
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for retaliers TP=12c-13c is good enough considering price is now 0.098
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Berani
Elite |
26-Jul-2019 10:08
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should change TP = 0.15
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tonytan44
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26-Jul-2019 10:06
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think the placees should be planning how to shore up prices so they wont lose so much. nothing to do with fundementals | ||||
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tonytan44
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26-Jul-2019 09:56
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haha Jiangte yesterday got 50m placement at 20c today 10c lose 50% overnight.
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Trexxx
Veteran |
26-Jul-2019 09:56
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used to play this many months ago, just watching it fall is also quite a pity
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