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alliance mineral resources move up
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c3_jail
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25-May-2017 14:59
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It will be fun suddenly bb pump and kill all shortist.. lols
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risktaker
Supreme |
25-May-2017 14:59
Yells: "Posts are opinions. Do not take it as investment advise " |
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sorry since i read the Q& A and have lowered the initial JORC to 12 MT
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qq1234
Member |
25-May-2017 14:53
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i think rest of the day today is between long and short trader. ownself buy ownself trade... lets wait for the next solid report.  they cant keep pinning this explosive stock down...  at this phase, price not well established, alot of punting going on (and some by BB). Once this gain recognition, FA will take over. will    try to accumulate at low price.  
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EmmGru
Veteran |
25-May-2017 14:32
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Yes, AMAL is great just avoid contra and dun invest with money that may be needed suddenly as price falls on more days than it rises. But when it does rise it scorches. Great fundamentals. Try to accumulate at low price.
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qq1234
Member |
25-May-2017 14:24
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Yesterday, it went up 18% with 5m surge. 4m sell down at open 3%~
Then shortists sell short till 340..
I guess we are in a different playing field.. If trading this, can be unprofitable.
But if investing for the long term, definitely there will be rays of hope
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EmmGru
Veteran |
25-May-2017 14:07
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ya I put a few baskets out  ![]()  
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RedEye1811
Master |
25-May-2017 14:06
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From the notes on M& A with Mark at TAW AGM I think a key point is he said people want to see tangible things. The price movements at the moment is potentially driven by people searching for the concrete things. As gone up and down yesterday/today could be a strong signal people were looking for the FS. Leg up yesterday could have been people thinking FS about to come out. When not it slips back. So FS could be the key catalyst moving forward next few weeks. Then actually seeing - well as best can - people working on the site get infrastructure in place, and then the JORC will be next tangible. Though down today it not something to immediate suggest people should have a loss of faith. Rome was not built in a day. The movement up could be the signal of the upside potential that once concrete signs in place then it go up. And downward selling could be some caught when buying at 36c and above simply trying to get money back as they do not have stomach to go the distance... .
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EmmGru
Veteran |
25-May-2017 14:02
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https://hotcopper.com.au/threads/ann-notice-of-general-meeting-proxy-form.3407679/#.WSZzQmh97IU Tawana notice of meeting on 6 June 
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EmmGru
Veteran |
25-May-2017 13:56
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I never invest in shares that are at the development phase before and where price movement is driven by discrete catalysts. Think the price movement could be norm for a share at tis biz stage and we just need to get used to it - plus give allowance for delays as pple are actually drilling holes in the ground - very physical work tat cannot be rushed. If u ask the Taw investors, they probably prefer AMAL' s price movement - volatile but at least got opportunity to catch and make gains. Their price movement really very narrow but at least px not falling most of the time lah.
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risktaker
Supreme |
25-May-2017 13:56
Yells: "Posts are opinions. Do not take it as investment advise " |
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I think they trying to get their drills up as much as they can as they wanted to meet the 12MT target for the initial JORC report....for the project to be fesible...
Also according to Q&A i believe the 20-30MT target should come out around end July or Early August... I think the drills are done for the 12MT so right now they just need to come out the JORC report to prove it.... BTW it is within 2 weeks.... it did not say in 2 weeks time.... so anytime next week till early june we will have the report out... Its not for contra its for people to pick up and wait... Btw emmgru can u show me the link for the 6th june CR date? Cos the AGM already approve the 2nd trance of shares to be listed on the market...its just waiting for ASX to list the 2nd trance shares
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c3_jail
Senior |
25-May-2017 13:55
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Are you invested also?
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RedEye1811
Master |
25-May-2017 13:52
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Okay. If goes below 30c then good opportunity to buy more.
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chanbs
Elite |
25-May-2017 13:49
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this is an open sharing platform / forum .. always good to hear 2 sides of a coin ... you are welcome to share if hear only 1 side ... good news ... will sound like SCAM / MLM pyramid marketing gimmick )
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sheerluck
Supreme |
25-May-2017 13:43
Yells: "Work for your money first then let your money work for you" |
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This is where I come in and say, that' s what I said about I have no issue with AMAL or TAW business per se but their price is flying way aheard of them.....Ok I know you guys are sick of hearing this liao....so this is also where I stop........ Anyway, if really JUST one more week, i can wait.   But from April to May to June.   Don' t later say July hor.......
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EmmGru
Veteran |
25-May-2017 13:42
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ya, will Rowsley have rights issue?
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EmmGru
Veteran |
25-May-2017 13:34
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Tawana also trading down at 24.5, highest was at 27 the last few days. Mark' s AGM Q& A on 23th, AMAL' s announcement on 24th and Taw' s announcement on 25th all use the same wording - FS out within around 2 weeks. So I' m guessing the ETA date is a range and hopefully before 6 June which is their CR meeting (as Redeye bro guessed). Mark' s Q& A is quite clear there is a large deposit stretching to Cowan. There is no fundamental risk in tis counter - i.e. no risk there is no large lithium deposit and that the project is feasible. The offtake also in the bag. Tantalum deposit is proven - they were mining for it since 1970s. The only risk is trading risk - price volatile and hard to catch price falling on more days than rising. Really need a long term investment horizon for tis and contra is risky. |
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Steady28
Senior |
25-May-2017 13:32
Yells: "huat ah" |
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time to load some for contra hehehe
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huatahrr
Member |
25-May-2017 13:28
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So surprise to see you still buying.....all your thoeries on the maket crashing and North Korea war no more valid?
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chanbs
Elite |
25-May-2017 13:27
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omg ! 35 broken... on the way to 30  & below soon i guess now | ||||
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RedEye1811
Master |
25-May-2017 13:23
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I am sitting quietly on the sideline to see the overall trend...I am hoping it another consolidation point that sticks around till FS comes out. As EmmGru Bro said they have given some clearer insights on timeline. We know they got the meeting coming up on June 6 to vote on next tranche of capital raising. Before yesterday' s announcement I thought that they may have brought FS out before Mark of TAW went to US/Candaa. Now I think it may wait till he comes back and before the meeting. So looking at calendar I am thinking June 2 (Fri next week) or June 5 (Mon week after) have higher prob of FS being made available. If things going into holding pattern till around this time next week then if it nice and quiet then good. As you said this can swing, but I think people really going to wait for FS now it close. The announcement yesterday does make for mouth watering reading. The results looking very interesting. From images it looks like lithium is toward the South and West with some to East. And they still got a fair area of South and West to look at. So they may now be stumbling on more than first thought. That my view. So as results encouraging think go a good base for price to hold around here. Let us see.
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