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Alliance Mineral....The Next Lap.
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Steady28
Senior |
31-Oct-2017 23:41
Yells: "huat ah" |
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Announcement just in on sgx. Return of shares | ||||
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RedEye1811
Master |
31-Oct-2017 10:53
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Your papaya buddy been very silent. He must have shorted a bundle yesterday, last Friday, and last Thursday, and closed them each day (as shortists do not leave positions open) and made so much money then he gone on holidays. Good luck.
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Steady28
Senior |
31-Oct-2017 08:47
Yells: "huat ah" |
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http://infopub.sgx.com/FileOpen/AMAL_Variation_to_Binding_Term_Sheet_31_Oct_2017.ashx?App=Announcement& FileID=476029 http://www.businesstimes.com.sg/companies-markets/alliance-mineral-makes-further-amendments-to-recent-deal-with-burwill   |
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SgYuan
Supreme |
30-Oct-2017 22:18
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I see a formation.
But still not very clear yet. Usually, I waut for w2, and goes for wave 3. Now still not clear, but still a good sign right. EW 365-w1:395?
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Alvin2042
Master |
30-Oct-2017 22:10
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This I agree. But for short term charting, I have reservation.
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TigTig
Master |
30-Oct-2017 20:57
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Wah you sure know a lot.   
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SgYuan
Supreme |
30-Oct-2017 20:50
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The company performance determine the share Px.
The chart determines the performance of the share Px perceived by the share holders.
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TigTig
Master |
30-Oct-2017 20:42
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More important is the share price performance.    For long term, it is still a good buy, I feel.  ![]()
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twinpower
Member |
30-Oct-2017 20:23
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Board of director has no voting rights, unless they hold shares.
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Alvin2042
Master |
30-Oct-2017 19:00
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As the CEO said, no production yet, no income, so no door gift. Hopefully next year will have.
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amlithiumpower
Senior |
30-Oct-2017 18:53
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Oh... you can actually go to his table and ask for a small lithium crystal. Ha...
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twinpower
Member |
30-Oct-2017 18:40
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Think they didnt expect the train to be so crowded today. Btw, this is the 1st agm i attended that management did not prepare any door gift. 🤣
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RedEye1811
Master |
30-Oct-2017 18:26
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Think the train left the station on this issue....
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Clipper
Member |
30-Oct-2017 18:10
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The AGM was timed to provide the most positive update. The ' angmo' guy, Tony seems to be running the AM operations on site, with almost all the operations, contracted out to 3rd parties. I understand they will start first mine site blasting in 2 weeks time,  to break down minerals into chunks that they can transport to be further crushed and processed. The DMS equipment has arrived in Australia and being transported to site to be assembled.  One point that was highlighted by TP is the site with high Lithium concentrate will have low Tantalum, and vice versa and since they have off take for Lithium, the focus is to start mining from site with high Lithium concentrate. From conversation, it seems that they are/will be putting whatever mined Tantalum aside and when sell when they find a buyer. For now the focus is Lithium ore, and whatever they can sell the Tantalum will be additional revenue to AM. Tantalum price is $70 per pound (need to verify this). For now it seems that AM is expediting through the entire production process set up to produce the first Lithium ore. I think the positive vibe will get the market attention soon.  I am vested, and waiting patiently....     |
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sheerluck
Supreme |
30-Oct-2017 17:53
Yells: "Work for your money first then let your money work for you" |
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Anyone asked if they should have a FS with a proven ore reserve and if need, when, to mine? | ||||
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Steady28
Senior |
30-Oct-2017 17:45
Yells: "huat ah" |
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Anyway i just wanna ask. I think just now got 150m voting rights. Out of these, it includes the board of directors voting rights. Yes or not. | ||||
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Steady28
Senior |
30-Oct-2017 17:43
Yells: "huat ah" |
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Wow. Must be some bb wearing rolex or those in suits. Lol.
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Steady28
Senior |
30-Oct-2017 17:41
Yells: "huat ah" |
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Yes. He was commenting that no big institutions will invest when the co is not up for production and churning out profits. We shall see next year apr. =)
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RedEye1811
Master |
30-Oct-2017 17:36
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I think I saw some with more than 2 million in shares.
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twinpower
Member |
30-Oct-2017 17:30
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Can anyone recall this? When someone asked if there was any truth in temasek being interested in amal, ceo smiled and answered that this is a very difficult qn to answer. He then moved on to saying that it is difficult to value amal now since production has not started, and that there would perhaps be more visibility when production takes place in 13 weeks time. Hope we are in for something pleasant :) | ||||
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