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SgYuan Supreme	22-Sep-2017 20:15        SgYuan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sorry. This is proper wave. EW 210-235-220-265-245-270-abc. So the abc correction will be near wave4 245. SgYuan      ( Date: 21-Sep-2017 20:51) Posted: Px 260 The EW formation is out. Below is theory of Elliott wave. Pls don't bombard me because I have a different view. I just want to share. EW mini 210-235-220-265-250-270-abc. The above is EW main wave1 EW main 210-W1:270? W2 coming. W2=270-(270-210)*61.8%=232.92 I hope I am wrong and it continues uptrend. But to continue, it has to correct. After W2 end, this is the one I am waiting for. W3 is 161.8% of W1 So be prepared for the correct to go higher. Pls trade with care. SgYuan      ( Date: 19-Sep-2017 15:15) Posted: EW 210-w1:265?-w2? W1 tgt 290
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Atom99 Master	22-Sep-2017 19:49        Atom99 About Contact  Quote this Post! Style: Fundamental   Mood: Yells: "Once you hv eliminated the impossible,whatever remains TRUTH"
x 1   x 0  Alert Admin	I  am not going to lose sleep over TJ and JL loan issues.I will lose sleep only  if all is not well with AMAL' s  Lithium mineral resource upgrade and progress to maiden Lithium concentrate production and delivery in 1st QTR 2018.IMO sheerluck      ( Date: 22-Sep-2017 19:14) Posted: Indeed the " official" status of that loan should be " personal loan" after Feb 2012.   But initially Tjandra said that JL apporached Tjandra to claim his share of AMAL is an opportunitics move.   So how can JL even approach Tjandra to claim anything on AMAL since in 2012 that loan is already a personal loan to Tjandra?   The revelation of JL' s loan to Tjandra is personal came only after those July The Edge articles. And the series of revelaton of events starting from the Apr 2017 agreement is one of the strangest I have seen.   Tjandra transferred LWMA' s 46.1 mill shares (priced at 32cts then) to JL which is not to repay the loan.   Tjandra claimed so that can close the case amicably but why the need to do so?   Those shares at that time is worrth $14mil, more than enough to repay JL' s A$7mil loan.   Worse, Tjandra agreed to condition that he has no control. agreeing to pay the difference between 50cts and VWAP of the price 7 days proir to 24 Oct if 50cts is no reached by then.   So it ends up JL is guaranteed $23mil for nothing becos those are not even to repay that A$7mil. These two are hidding something from the public.   It may be between them but that 46.1 shares transfer tagged with insane agreed minimum 50cts price condition which is not even for repaying that A$7mil loan is highly questionable. Atom99      ( Date: 22-Sep-2017 17:11) Posted: As per 14 Aug 2017 announcement... JL gave TJ ... "me was a personal unsecured loan. As such, the loan did not involve Mdm Suen and/or LWMA. The legal advice that the advances are a personal unsecured loan from Grande Pacific Limited/Jonathan Lim to me is further supported by a handwritten document by Jonathan Lim to his solicitor, Mr Allan Tan on 2 February 2012, whereupon Jonathan Lim confirmed the personal unsecured loan between Grande Pacific Limited/Jonathan Lim and me. So it between TJ and JL.Does NOT involve AMAL.But then TJ's shares in AMAL was sized ... becos he didn't pay 💰 JL as promised. Did I miss anything
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sheerluck Supreme	22-Sep-2017 19:14        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	Indeed the " official" status of that loan should be " personal loan" after Feb 2012.   But initially Tjandra said that JL apporached Tjandra to claim his share of AMAL is an opportunitics move.   So how can JL even approach Tjandra to claim anything on AMAL since in 2012 that loan is already a personal loan to Tjandra?   The revelation of JL' s loan to Tjandra is personal came only after those July The Edge articles. And the series of revelaton of events starting from the Apr 2017 agreement is one of the strangest I have seen.   Tjandra transferred LWMA' s 46.1 mill shares (priced at 32cts then) to JL which is not to repay the loan.   Tjandra claimed so that can close the case amicably but why the need to do so?   Those shares at that time is worrth $14mil, more than enough to repay JL' s A$7mil loan.   Worse, Tjandra agreed to condition that he has no control. agreeing to pay the difference between 50cts and VWAP of the price 7 days proir to 24 Oct if 50cts is no reached by then.   So it ends up JL is guaranteed $23mil for nothing becos those are not even to repay that A$7mil. These two are hidding something from the public.   It may be between them but that 46.1 shares transfer tagged with insane agreed minimum 50cts price condition which is not even for repaying that A$7mil loan is highly questionable. Atom99      ( Date: 22-Sep-2017 17:11) Posted: As per 14 Aug 2017 announcement... JL gave TJ ... "me was a personal unsecured loan. As such, the loan did not involve Mdm Suen and/or LWMA. The legal advice that the advances are a personal unsecured loan from Grande Pacific Limited/Jonathan Lim to me is further supported by a handwritten document by Jonathan Lim to his solicitor, Mr Allan Tan on 2 February 2012, whereupon Jonathan Lim confirmed the personal unsecured loan between Grande Pacific Limited/Jonathan Lim and me. So it between TJ and JL.Does NOT involve AMAL.But then TJ's shares in AMAL was sized ... becos he didn't pay 💰 JL as promised. Did I miss anything? sheerluck      ( Date: 22-Sep-2017 13:08) Posted: I am still bewildered by Tjandra inconsistent story telling.   On one hand, he gave the strong impression that JL or Grande has no claim or whatsover on LWMA' s assets over his A$7mil loan.   Read the company and his announcement ons 02 Aug and 14 Aug. Then on the other hand, in those The Edge articles, he did the followings: 1.   Transfers 46.1mil shares to JL to close the case amicably which did not happen.   This is no even anything to settle that A$7mil for the 50:50 JV.. 2.   Said he was forced to convert that A$7mil in a loan with 24% interest.   He said he was " forced" ??? 3.   Agreed to some crazy terms of guaranteeing JL minimum 50cts per piece for his or Grande holding? So from what it seems, there are no ways JL can have any legal claim over LWMA assets except to get back his A$7mil loan + expense + interest but somehow he can force Tjandra to give him whatever he wants.   Note the key word here is " force" . Tjandra did mentioned that he is ready to pay and has approached JL/Grande but was refused.   His statement was this " I wish to clarify that the Rejected Payment Offer contained certain terms that were not acceptable to Grande Pacific Limited."   So Tjandra set out some conditions in the payment and JL/Grande refused them.   Now what are those terms?   Those are now critical becos in theory, if JL/Grande have accepted that repayemnt, the whole saga should have ended. There is more that meets the eyes and Tjandra is not telling the whole truth yet.
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RedEye1811 Master	22-Sep-2017 18:22        RedEye1811 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	I missed it. What did it close at today? Can you remind me?...why I cannot believe it...did not close at your magic prediction...does that mean shortists not as power and clever as they seem? Curious. Claim know everything so why you inaccurate. papayaface      ( Date: 22-Sep-2017 16:54) Posted: Going to close at 25 today hiak hiak hiak. Bulls disappeared suddenly after being trashed. Good luck papayaface      ( Date: 22-Sep-2017 11:39) Posted: Getting spooky. Sellers or shortists keep topping up.  It' s  got to go  down 1st before going up !!!    Good luck
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Atom99 Master	22-Sep-2017 18:02        Atom99 About Contact  Quote this Post! Style: Fundamental   Mood: Yells: "Once you hv eliminated the impossible,whatever remains TRUTH"
x 0   x 0  Alert Admin	Maybe TJ is having a discussion to do a sweetheart deal with Burwill by offering some of his shares. Atom99      ( Date: 22-Sep-2017 17:11) Posted: As per 14 Aug 2017 announcement... JL gave TJ ... "me was a personal unsecured loan. As such, the loan did not involve Mdm Suen and/or LWMA. The legal advice that the advances are a personal unsecured loan from Grande Pacific Limited/Jonathan Lim to me is further supported by a handwritten document by Jonathan Lim to his solicitor, Mr Allan Tan on 2 February 2012, whereupon Jonathan Lim confirmed the personal unsecured loan between Grande Pacific Limited/Jonathan Lim and me. So it between TJ and JL.Does NOT involve AMAL.But then TJ's shares in AMAL was sized ... becos he didn't pay 💰 JL as promised. Did I miss anything? sheerluck      ( Date: 22-Sep-2017 13:08) Posted: I am still bewildered by Tjandra inconsistent story telling.   On one hand, he gave the strong impression that JL or Grande has no claim or whatsover on LWMA' s assets over his A$7mil loan.   Read the company and his announcement ons 02 Aug and 14 Aug. Then on the other hand, in those The Edge articles, he did the followings: 1.   Transfers 46.1mil shares to JL to close the case amicably which did not happen.   This is no even anything to settle that A$7mil for the 50:50 JV.. 2.   Said he was forced to convert that A$7mil in a loan with 24% interest.   He said he was " forced" ??? 3.   Agreed to some crazy terms of guaranteeing JL minimum 50cts per piece for his or Grande holding? So from what it seems, there are no ways JL can have any legal claim over LWMA assets except to get back his A$7mil loan + expense + interest but somehow he can force Tjandra to give him whatever he wants.   Note the key word here is " force" . Tjandra did mentioned that he is ready to pay and has approached JL/Grande but was refused.   His statement was this " I wish to clarify that the Rejected Payment Offer contained certain terms that were not acceptable to Grande Pacific Limited."   So Tjandra set out some conditions in the payment and JL/Grande refused them.   Now what are those terms?   Those are now critical becos in theory, if JL/Grande have accepted that repayemnt, the whole saga should have ended. There is more that meets the eyes and Tjandra is not telling the whole truth yet.
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timothylim890 Veteran	22-Sep-2017 17:17        timothylim890 About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	You seem very happy that it closed down 0.5c. Good for you. Enjoy your weekend. papayaface      ( Date: 22-Sep-2017 16:54) Posted: Going to close at 25 today hiak hiak hiak. Bulls disappeared suddenly after being trashed. Good luck papayaface      ( Date: 22-Sep-2017 11:39) Posted: Getting spooky. Sellers or shortists keep topping up.  It' s  got to go  down 1st before going up !!!    Good luck
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Atom99 Master	22-Sep-2017 17:11        Atom99 About Contact  Quote this Post! Style: Fundamental   Mood: Yells: "Once you hv eliminated the impossible,whatever remains TRUTH"
x 0   x 0  Alert Admin	As per 14 Aug 2017 announcement... JL gave TJ ... "me was a personal unsecured loan. As such, the loan did not involve Mdm Suen and/or LWMA. The legal advice that the advances are a personal unsecured loan from Grande Pacific Limited/Jonathan Lim to me is further supported by a handwritten document by Jonathan Lim to his solicitor, Mr Allan Tan on 2 February 2012, whereupon Jonathan Lim confirmed the personal unsecured loan between Grande Pacific Limited/Jonathan Lim and me. So it between TJ and JL.Does NOT involve AMAL.But then TJ's shares in AMAL was sized ... becos he didn't pay 💰 JL as promised. Did I miss anything? sheerluck      ( Date: 22-Sep-2017 13:08) Posted: I am still bewildered by Tjandra inconsistent story telling.   On one hand, he gave the strong impression that JL or Grande has no claim or whatsover on LWMA' s assets over his A$7mil loan.   Read the company and his announcement ons 02 Aug and 14 Aug. Then on the other hand, in those The Edge articles, he did the followings: 1.   Transfers 46.1mil shares to JL to close the case amicably which did not happen.   This is no even anything to settle that A$7mil for the 50:50 JV.. 2.   Said he was forced to convert that A$7mil in a loan with 24% interest.   He said he was " forced" ??? 3.   Agreed to some crazy terms of guaranteeing JL minimum 50cts per piece for his or Grande holding? So from what it seems, there are no ways JL can have any legal claim over LWMA assets except to get back his A$7mil loan + expense + interest but somehow he can force Tjandra to give him whatever he wants.   Note the key word here is " force" . Tjandra did mentioned that he is ready to pay and has approached JL/Grande but was refused.   His statement was this " I wish to clarify that the Rejected Payment Offer contained certain terms that were not acceptable to Grande Pacific Limited."   So Tjandra set out some conditions in the payment and JL/Grande refused them.   Now what are those terms?   Those are now critical becos in theory, if JL/Grande have accepted that repayemnt, the whole saga should have ended. There is more that meets the eyes and Tjandra is not telling the whole truth yet.   amlithiumpower      ( Date: 22-Sep-2017 08:45) Posted: Hi, I do agree with you that the settlement deal will be a short term distraction to the overall performance of the company. However, we cant deny the fact that the reveal of this saga has punish the share price from the time it was released at 32c all the way to the recent 21c. By and large there are also external factors but I believe this is also the most important factor that make investors or traders to think twice before investing or trading. If Jonathan think in this way, 46m shares set aside for the long term play. Using the seized shares to offload at the market to ensure he get the best margin of difference for part c of the deal, he will not lose a single cent in the part b as he will get back his entire $7m. Nonetheless, remember this piece of info is Jonathan himself go to the press to release the juicy details and it' s not via sgx announcement since its a separate agreement with Am' s SSH, not AM itself. So we can see there is an intention for him to cause wide panic among investors and traders to help him bring down the share price. History of share price dropping from 32c to 21c proven he is successful in it. If after 24 Oct 17, AM performs with the trend of lithium wave, Jonathan would be the biggest winner by having the 46m shares, obtain cash of $7m or equavalent of shares (if SP lower, he can transfer more shares to him) and a big ang bao on the 24 Oct 17 of the difference. If you are in his position, wouldn' t you do the same thing? Ha... The only thing I can confirm is AM is a solid company that allow him to spend time and legal resources to go all the extend for it. (Good news for the long term investors here) However, the twist to this development is the final negotiation of Burwill offtake which Tawana has no involvement. If fundamentally involved the Bald Hills in the negotiation, I believe Tawana would be jointly in talks aas well. The only difference between Tawana and AM is this Jonathan Saga. Anyway, what has passed had passed. Now the focus here is the development till 24 Oct 17 to see what further news does Jonathan and CEO have in stall for us. Definitely, it will have wide volatility going ahead but rest assured that as long as there is lithium in the ground, it will be a bright future for all holders in 2018. DYOD
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papayaface Supreme	22-Sep-2017 16:54        papayaface About Contact  Quote this Post!   Yells: "This is the best time to enter....when everythings uncertain"
x 0   x 0  Alert Admin	Going to close at 25 today hiak hiak hiak. Bulls disappeared suddenly after being trashed. Good luck papayaface      ( Date: 22-Sep-2017 11:39) Posted: Getting spooky. Sellers or shortists keep topping up.  It' s  got to go  down 1st before going up !!!    Good luck  papayaface      ( Date: 22-Sep-2017 09:40) Posted: Note that today is FRIDAY.... Rowsley & Spacky are already down 0.2 each. Good luc
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sheerluck Supreme	22-Sep-2017 13:08        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	I am still bewildered by Tjandra inconsistent story telling.   On one hand, he gave the strong impression that JL or Grande has no claim or whatsover on LWMA' s assets over his A$7mil loan.   Read the company and his announcement ons 02 Aug and 14 Aug. Then on the other hand, in those The Edge articles, he did the followings: 1.   Transfers 46.1mil shares to JL to close the case amicably which did not happen.   This is no even anything to settle that A$7mil for the 50:50 JV.. 2.   Said he was forced to convert that A$7mil in a loan with 24% interest.   He said he was " forced" ??? 3.   Agreed to some crazy terms of guaranteeing JL minimum 50cts per piece for his or Grande holding? So from what it seems, there are no ways JL can have any legal claim over LWMA assets except to get back his A$7mil loan + expense + interest but somehow he can force Tjandra to give him whatever he wants.   Note the key word here is " force" . Tjandra did mentioned that he is ready to pay and has approached JL/Grande but was refused.   His statement was this " I wish to clarify that the Rejected Payment Offer contained certain terms that were not acceptable to Grande Pacific Limited."   So Tjandra set out some conditions in the payment and JL/Grande refused them.   Now what are those terms?   Those are now critical becos in theory, if JL/Grande have accepted that repayemnt, the whole saga should have ended. There is more that meets the eyes and Tjandra is not telling the whole truth yet.   amlithiumpower      ( Date: 22-Sep-2017 08:45) Posted: Hi, I do agree with you that the settlement deal will be a short term distraction to the overall performance of the company. However, we cant deny the fact that the reveal of this saga has punish the share price from the time it was released at 32c all the way to the recent 21c. By and large there are also external factors but I believe this is also the most important factor that make investors or traders to think twice before investing or trading. If Jonathan think in this way, 46m shares set aside for the long term play. Using the seized shares to offload at the market to ensure he get the best margin of difference for part c of the deal, he will not lose a single cent in the part b as he will get back his entire $7m. Nonetheless, remember this piece of info is Jonathan himself go to the press to release the juicy details and it' s not via sgx announcement since its a separate agreement with Am' s SSH, not AM itself. So we can see there is an intention for him to cause wide panic among investors and traders to help him bring down the share price. History of share price dropping from 32c to 21c proven he is successful in it. If after 24 Oct 17, AM performs with the trend of lithium wave, Jonathan would be the biggest winner by having the 46m shares, obtain cash of $7m or equavalent of shares (if SP lower, he can transfer more shares to him) and a big ang bao on the 24 Oct 17 of the difference. If you are in his position, wouldn' t you do the same thing? Ha... The only thing I can confirm is AM is a solid company that allow him to spend time and legal resources to go all the extend for it. (Good news for the long term investors here) However, the twist to this development is the final negotiation of Burwill offtake which Tawana has no involvement. If fundamentally involved the Bald Hills in the negotiation, I believe Tawana would be jointly in talks aas well. The only difference between Tawana and AM is this Jonathan Saga. Anyway, what has passed had passed. Now the focus here is the development till 24 Oct 17 to see what further news does Jonathan and CEO have in stall for us. Definitely, it will have wide volatility going ahead but rest assured that as long as there is lithium in the ground, it will be a bright future for all holders in 2018. DYODD luanboo      ( Date: 22-Sep-2017 08:22) Posted: Folks, I am not really sure why so many people are puzzled over the strike price part of the settlement. It is really simple. CEO has not much to lose in making such an settlement agreement. The conspiracy theory about JL wanting to punish Tj by intentionally pushing down the price - does not stand on its feet. Don' t forget JL do hold 46m shares in AMAL - does he really want to push the price down. He' s a shrew businessman afterall. Illustration. If I owe & am supposed to pay someone $100. I propose to pay him $50 in cash and $50 in shares (10 shares@$5) - which he cannot sell immediately. The current price of the stock is $2 and I agree to cover the difference if the stock price do not reach $5 by end of year. Scenario 1 - by end of year, stock price is $5 or more. All good. I pays $50 in cash and $50 in stock ($20 from original stock, $30 from gain in stock) Scenario 2 - by end of year, stock price is still $2. I pays $50 in cash, $20 in stock, another $30 in cash - which is what I was supposed to pay anyway if there' s no agreement on strike price. But I delay $30 payment until end of the year, better cashflow. IMHO, that personal saga is nothing but personal and does not really impact the business at all. All Tj needs to do is to continue to drive the business properly and make sure that ultimately the SP rises - which is what all businessman will want anyway. Don' t spend too much time pondering over it - not worth your brain cells. It is just a side show that distracts everyone. Focus on the business. As long as AMAL/TAW delivers the shipment to Burwill and generate the revenue and profits, the share price will recover and scale new heights.
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Atom99 Master	22-Sep-2017 12:51        Atom99 About Contact  Quote this Post! Style: Fundamental   Mood: Yells: "Once you hv eliminated the impossible,whatever remains TRUTH"
x 0   x 0  Alert Admin	You felt spooky?Then " fight" or " flight" lor! papayaface      ( Date: 22-Sep-2017 11:39) Posted: Getting spooky. Sellers or shortists keep topping up.  It' s  got to go  down 1st before going up !!!    Good luck  papayaface      ( Date: 22-Sep-2017 09:40) Posted: Note that today is FRIDAY.... Rowsley & Spacky are already down 0.2 each. Good luc
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papayaface Supreme	22-Sep-2017 11:39        papayaface About Contact  Quote this Post!   Yells: "This is the best time to enter....when everythings uncertain"
x 0   x 0  Alert Admin	Getting spooky. Sellers or shortists keep topping up.  It' s  got to go  down 1st before going up !!!    Good luck  papayaface      ( Date: 22-Sep-2017 09:40) Posted: Note that today is FRIDAY.... Rowsley & Spacky are already down 0.2 each. Good luck papayaface      ( Date: 22-Sep-2017 09:21) Posted: Today AMA is like a  sleeping cow waiting to be slaughtered. Good luck
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luanboo Member	22-Sep-2017 10:37        luanboo About Contact  Quote this Post!
x 0   x 0  Alert Admin	What a joke. Shout so loud, ystd short only 100k at least 24.9 Don't embarrass yourself papayaface      ( Date: 22-Sep-2017 09:21) Posted: Today AMA is like a  sleeping cow waiting to be slaughtered. Good luck  papayaface      ( Date: 22-Sep-2017 09:01) Posted: Shortists sale starts at 26 today. hiak hiak hiak. Good luck
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Atom99 Master	22-Sep-2017 10:25        Atom99 About Contact  Quote this Post! Style: Fundamental   Mood: Yells: "Once you hv eliminated the impossible,whatever remains TRUTH"
x 0   x 0  Alert Admin	risktaker      ( Date: 22-Sep-2017 10:23) Posted: Acronym Definition 5W1H When,  Where,  Who,  What,  Why  and  How   Atom99      ( Date: 22-Sep-2017 10:18) Posted: Ask yourself 5W1H
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risktaker Supreme	22-Sep-2017 10:23        risktaker About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Posts are opinions. Do not take it as investment advise "
x 0   x 0  Alert Admin	Acronym Definition 5W1H When,  Where,  Who,  What,  Why  and  How   Atom99      ( Date: 22-Sep-2017 10:18) Posted: Ask yourself 5W1H. papayaface      ( Date: 22-Sep-2017 08:59) Posted: How is AMA gaining from this since it has already sign off take with China party to sell all lithium for next 5 years at old fixed price? By the end of 5 years, price would have crashed. Good grief. Good luc
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Atom99 Master	22-Sep-2017 10:18        Atom99 About Contact  Quote this Post! Style: Fundamental   Mood: Yells: "Once you hv eliminated the impossible,whatever remains TRUTH"
x 0   x 0  Alert Admin	Ask yourself 5W1H. papayaface      ( Date: 22-Sep-2017 08:59) Posted: How is AMA gaining from this since it has already sign off take with China party to sell all lithium for next 5 years at old fixed price? By the end of 5 years, price would have crashed. Good grief. Good luck Atom99      ( Date: 22-Sep-2017 06:07) Posted: Lithium Price Breakout https://www.energyandcapital.com/
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papayaface Supreme	22-Sep-2017 09:40        papayaface About Contact  Quote this Post!   Yells: "This is the best time to enter....when everythings uncertain"
x 0   x 1  Alert Admin	Note that today is FRIDAY.... Rowsley & Spacky are already down 0.2 each. Good luck papayaface      ( Date: 22-Sep-2017 09:21) Posted: Today AMA is like a  sleeping cow waiting to be slaughtered. Good luck  papayaface      ( Date: 22-Sep-2017 09:01) Posted: Shortists sale starts at 26 today. hiak hiak hiak. Good luck
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papayaface Supreme	22-Sep-2017 09:21        papayaface About Contact  Quote this Post!   Yells: "This is the best time to enter....when everythings uncertain"
x 0   x 0  Alert Admin	Today AMA is like a  sleeping cow waiting to be slaughtered. Good luck  papayaface      ( Date: 22-Sep-2017 09:01) Posted: Shortists sale starts at 26 today. hiak hiak hiak. Good luck
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papayaface Supreme	22-Sep-2017 09:01        papayaface About Contact  Quote this Post!   Yells: "This is the best time to enter....when everythings uncertain"
x 0   x 0  Alert Admin	Shortists sale starts at 26 today. hiak hiak hiak. Good luck
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papayaface Supreme	22-Sep-2017 08:59        papayaface About Contact  Quote this Post!   Yells: "This is the best time to enter....when everythings uncertain"
x 0   x 0  Alert Admin	How is AMA gaining from this since it has already sign off take with China party to sell all lithium for next 5 years at old fixed price? By the end of 5 years, price would have crashed. Good grief. Good luck Atom99      ( Date: 22-Sep-2017 06:07) Posted: Lithium Price Breakout https://www.energyandcapital.com/ Atom99      ( Date: 22-Sep-2017 06:04) Posted: Lithium Price Breakout https://www.energyandcapital.com/articles/lithium-price-breakout/6067
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amlithiumpower Senior	22-Sep-2017 08:45        amlithiumpower About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi, I do agree with you that the settlement deal will be a short term distraction to the overall performance of the company. However, we cant deny the fact that the reveal of this saga has punish the share price from the time it was released at 32c all the way to the recent 21c. By and large there are also external factors but I believe this is also the most important factor that make investors or traders to think twice before investing or trading. If Jonathan think in this way, 46m shares set aside for the long term play. Using the seized shares to offload at the market to ensure he get the best margin of difference for part c of the deal, he will not lose a single cent in the part b as he will get back his entire $7m. Nonetheless, remember this piece of info is Jonathan himself go to the press to release the juicy details and it' s not via sgx announcement since its a separate agreement with Am' s SSH, not AM itself. So we can see there is an intention for him to cause wide panic among investors and traders to help him bring down the share price. History of share price dropping from 32c to 21c proven he is successful in it. If after 24 Oct 17, AM performs with the trend of lithium wave, Jonathan would be the biggest winner by having the 46m shares, obtain cash of $7m or equavalent of shares (if SP lower, he can transfer more shares to him) and a big ang bao on the 24 Oct 17 of the difference. If you are in his position, wouldn' t you do the same thing? Ha... The only thing I can confirm is AM is a solid company that allow him to spend time and legal resources to go all the extend for it. (Good news for the long term investors here) However, the twist to this development is the final negotiation of Burwill offtake which Tawana has no involvement. If fundamentally involved the Bald Hills in the negotiation, I believe Tawana would be jointly in talks aas well. The only difference between Tawana and AM is this Jonathan Saga. Anyway, what has passed had passed. Now the focus here is the development till 24 Oct 17 to see what further news does Jonathan and CEO have in stall for us. Definitely, it will have wide volatility going ahead but rest assured that as long as there is lithium in the ground, it will be a bright future for all holders in 2018. DYODD luanboo      ( Date: 22-Sep-2017 08:22) Posted: Folks, I am not really sure why so many people are puzzled over the strike price part of the settlement. It is really simple. CEO has not much to lose in making such an settlement agreement. The conspiracy theory about JL wanting to punish Tj by intentionally pushing down the price - does not stand on its feet. Don' t forget JL do hold 46m shares in AMAL - does he really want to push the price down. He' s a shrew businessman afterall. Illustration. If I owe & am supposed to pay someone $100. I propose to pay him $50 in cash and $50 in shares (10 shares@$5) - which he cannot sell immediately. The current price of the stock is $2 and I agree to cover the difference if the stock price do not reach $5 by end of year. Scenario 1 - by end of year, stock price is $5 or more. All good. I pays $50 in cash and $50 in stock ($20 from original stock, $30 from gain in stock) Scenario 2 - by end of year, stock price is still $2. I pays $50 in cash, $20 in stock, another $30 in cash - which is what I was supposed to pay anyway if there' s no agreement on strike price. But I delay $30 payment until end of the year, better cashflow. IMHO, that personal saga is nothing but personal and does not really impact the business at all. All Tj needs to do is to continue to drive the business properly and make sure that ultimately the SP rises - which is what all businessman will want anyway. Don' t spend too much time pondering over it - not worth your brain cells. It is just a side show that distracts everyone. Focus on the business. As long as AMAL/TAW delivers the shipment to Burwill and generate the revenue and profits, the share price will recover and scale new heights.   Rembrt      ( Date: 21-Sep-2017 22:26) Posted: The question is how will T worm his way out of the consequences of the agreement with JL?   It' s quite a tight corner he' s painted himself into.   Any ideas?   Placements may damage the price which is not what he wants right now as AMA' s price is somewhat subdued, and it might take some courage on Burwill' s part to invest at a higher price than currently.
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