| Latest Forum Topics / Alita Resources Last:0.078 -- |
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alliance mineral resources move up
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sheerluck
Supreme |
28-Apr-2017 17:55
Yells: "Work for your money first then let your money work for you" |
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You are taking it too literally.  
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pool100
Veteran |
28-Apr-2017 17:55
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Suspect the suspension could be due to corporate negotiations for AMAL. With so much good news coming out and them being the owner for a Lithium mine (Lithium is one of the hottest commodity in the market now), I won' t be surprised of one of the major funds or even Temasek tries to negotiate a deal to buy a stake in the company or something. AMAL can also take this opportunity to raise some funds to boost the balance sheets by issuing shares to strong partners - win win for both parties in the medium to long term. In any case, AMAL is a gem waiting to explode. |
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9hly99
Veteran |
28-Apr-2017 17:32
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The best is to wait for the revenue to kick in
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RedEye1811
Master |
28-Apr-2017 17:19
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Bro: You forward the statement " The only party who seems to be serious enough is Tawana.   Burwill just jump the gun and AMAL is simply sleeping only....so they better announce somethign more that what the market already know." Upon what basis can you adequately determine " only party....serious enough is Tawana" " Burwill just jump the gun" and " AMAL is simply sleeping only."   With all due respect, this labelling is rather ambiguous and critical judgemental that applies an artifical framework lacking any meaningful foundation. Focusing on the announcement of the off-take agreement. Can you please provide the SGX/ASX/HKSE listing requirement that says parties to an agreement must announce it at the same time? Or can you please provide the signed declaration from the three parties agreeing not to disclose the off-take agreement till they do it all at once? If such requirements/agreements do not exist then how can you say " Burwill just jump the gun" ? If Burwill has signed the off-take agreement and they are not party to any other requirements (e.g., part of capital raising by Tawana) then what was preventing them from disclosing the agreement? As Burwill had not halted trading then if they have now further restriction regarding the off-take agreement then are they not obligated to inform their shareholders? Where in the listing rules does it say Burwill needed to wait for Tawana and AMAL? In respect to AMAL do you have some inside link to the company and the negotiations they undertaking regarding all matters related to the off-take agreement and any actions (e.g., additional tantalum off-take to be used for cashflow)? If so please share. But how do you not know AMAL is preferring to withhold making a formal announcement on off take because they want to line up all the ducks on related matters. For example, they now have the off-take agreement but AMAL additional side of the bargain is to ensure cashflow. So right now they negotiating that and do not wish to make an announcement till everything is done. Perhaps they prefer to do it in one single go rather than piecemeal. So how can you say AMAL is simply sleeping? Also, the stock is currently under TH/suspension so if they disclose it today or Wednesday is the price going to be different? So if TH/suspended is their requirement in the listing rules saying they need to disclose ASAP? As for saying Tawana is the only party that seems to be serious, if as Tawana stated Burwill has already made the first prepayment then what does that mean, " they (Burwill) not serious but happy to toss money around" . And if AMAL is not serious then why as stated in the ST article they trying to negotiate for a tantalum off-take. Is AMAL just doing that for fun? Happy for my opinion to be wrong but feel could be being harsh in the judgement and categorization.
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didisiaosiao
Master |
28-Apr-2017 17:15
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Anyone know what is e closing price og tawana? | ||||
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papayaface
Supreme |
28-Apr-2017 17:14
Yells: "This is the best time to enter....when everythings uncertain" |
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Wah Monday already next month, still not out. May be they add  another  hole to drill ?  The more holes, the more power. Haha. Good luck  |
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risktaker
Supreme |
28-Apr-2017 16:59
Yells: "Posts are opinions. Do not take it as investment advise " |
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Tawana Quarterly Activities Report For the quarter to 31 March 2017 Highlights Primero is in the advanced stages of completing a feasibility study with the metallurgical and process engineering aspects of the study completed and the detailed mining engineering underway. Cashflow modelling will be completed when the key areas of the study are completed. However, Tawana and AMAL have given go-ahead for the commencement of detailed design and final long lead item equipment selection. Tawana announced exceptional results from step-out drilling in April 2017. The results came from 115 resource and sterilization RC drill holes totaling 13,652m were completed between 20 February 2017 and 31 March 2017. The exceptional results are extensions to the initial Resource estimation which is expected to be completed by the end of April along with the Feasibility Study. The product grade obtained in the coarser fraction using a density of 2.9 was over 7% Li2O and, whereas this is an excellent result, it is generally way above market requirements. Hence a lower medium density of 2.8 was adopted to increase the mass yield. This resulted in a mass yield of 17% at a grade of 6.3% Li2O at SG 2.8   Source:  http://spcagent.io/taw/wp-content/uploads/sites/26/2017/04/01852463.pdf |
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c3_jail
Senior |
28-Apr-2017 16:18
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What the relation TAW report with suspension period of AMAL? care to share?
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risktaker
Supreme |
28-Apr-2017 16:10
Yells: "Posts are opinions. Do not take it as investment advise " |
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Should be early may... end of next week
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furnaces
Veteran |
28-Apr-2017 15:50
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TAW just released the quarterly activities report. From the report it says resource estimate out in May. So likely not this weekend. | ||||
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sheerluck
Supreme |
28-Apr-2017 13:38
Yells: "Work for your money first then let your money work for you" |
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So far everything progress as according to their plan.   But everything hinge on the amount of lithium in the ground.   Even Burwill advances is conditional on that and they want the JORC report as well.   Burwill is taking some risk by advancing in advance of the JORC.   Perhaps it is a well-calculated risk they have taken. The only party who seems to be serious enough is Tawana.   Burwill just jump the gun and AMAL is simply sleeping only....so they better announce somethign more that what the market already know. By the way, your explanation of that 6% Li is good.   So at least I know you know how this thing works. But still I believe AMAL price is way ahead of what it has actually proven.   Investors in Tawan are not pushing Taw in such manner. Come July will be final judgement day.......and all should be clear. In the meantime, make do with their feasibility reports as and when they appear......
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risktaker
Supreme |
28-Apr-2017 13:31
Yells: "Posts are opinions. Do not take it as investment advise " |
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from my experience....and Tawana Announcement Alliance have sign the same Take-Off agreement and i believe they are prepare to announce it but as we all know all announcement will have to go thru sponsor " prime partner" .... i believe the announcement is stuck at the sponsor side....either Prime Partners cant do their job or either something happen that resulted in delaying the review of the agreement... such as require additional information to the off take announcement.   Also from the media alliance stated they are in progress of another Off take agreement and that could resulted the delay as well....  Guys dont believe so much what other trying to speculate but read the announcement and understand whats happening.... Good Luck and Have a Good Long Weekend... May all Alliance Huat.... Huat ah.... 888
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hobert
Member |
28-Apr-2017 13:28
Yells: "As long no loss is win..." |
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there' s been alot of comments from both side of the fence...longist blowing the horns and shortists spreading the fear...but i do find one thing constant...which is most of them are either contra players or just in for the short run.   For people like myself who are holding on for the mid to long term, we have confidence in AM, their fundamentals, prospects and the transparency in communication which have been shown so far. While AM hasn' t been putting forward announcements about what they are doing at this very minute, i don' t think this should be a concern as they are a company and has to make strategic moves.   While contra players like to know what the management is thinking every minute or see every thing that the company is doing every day, so that they can profit from the trades, the truth is.......Technically, AM doesn' t make money from their share price up/down. They make money by mining, and while major shareholders may profit from the rise in share prices, what they also want is the dividend from the business profit.   Hence, for mid to long term investors, we are just fine to wait because AM will announce something sooner or later and we have the time to wait. Contra players...if you' re tired about waiting, then go play other counters. |
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didisiaosiao
Master |
28-Apr-2017 13:26
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As i already said, PR jin sit si ao ka hk.
Never seen such a company halt n suspend like tht before wo a single piece of update.
Pui
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risktaker
Supreme |
28-Apr-2017 13:23
Yells: "Posts are opinions. Do not take it as investment advise " |
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Now the Plan has been Ink....Money has been raised... Everything is in place.... for this stock to rock !! Dont believe me .... We come back 1st qtr of 2018 Mark my Words 
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jazzzkk
Senior |
28-Apr-2017 13:19
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To me i dont like the way they suspend. Suspension can be a prolong period. By right any pending announcement should be settle within 3 trading halt days, suspend trading like this shows they are unprepared. If there are any long negotiation, they can simply announce that there are ongoing negotiations and let the trading resume, until when things are more cleared, they can halt and finalize the announcement. Cannot just suspend just at the beginning of discussion. Because what if negotiation fail? Continue to suspend? Or just lift and say nothing happen. Not good to do like this, not only make investor doubt and traders got caught. Im vested and luckily i dont have contra, else im caught off guard as well | ||||
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risktaker
Supreme |
28-Apr-2017 13:03
Yells: "Posts are opinions. Do not take it as investment advise " |
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Rewrote becos of typo. Basically.... as Alliance Mineral pointed out Tawana need to spend another 15million to get 50% of all mineral and infrastructure.... and recently Tawana has successfully raised 15million dollar... so it is best for   shareholders here to treat it as a 50% JV if not once officially announce. The shareholder here will be disappointed. Also if u read thru the statement i taken from off take announcement.  In addition, Tawana must have earned its 50% interest in the Bald Hill Project as outlined in the Farm-in Agreement between Lithco No 2 Pty Ltd and AMA.  One of the off-take requirement need Tawana to earn 50% interest in the bald hill project. It seems to me Burwill came in becos of Tawana.....My speculation is Mark is very well known in the mining industry and has strong connection.  I also believe if this JV is well excuted... TAW will invite alliance into his other project... So guys please treat this as a 50% JV.... if not u guys will be disappointing investors here and trigger unwanted selling...   
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risktaker
Supreme |
28-Apr-2017 12:55
Yells: "Posts are opinions. Do not take it as investment advise " |
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Basically.... as Alliance Mineral pointed out Tawana need to spend another 15million to get 50% of all mineral and infrastructure.... and recently Tawana raise 15million dollar... so i believe shareholders here it is best to treat it is a 50% JV if not once officially announce u will be disappointed the shareholder here.. Also if u read thru the statement i taken from off take announcement. In addition, Tawana must have earned its 50% interest in the Bald Hill Project as outlined in the Farm-in Agreement between Lithco No 2 Pty Ltd and AMA. One of the off-take requirement need Tawana to earn 50% interest in the bald hill project. It seems to me Burwill come in becos of Tawana.....My speculation is Mark is very well known in the mining industry and has strong connection. So guys please treat this as a 50% JV.... if u guys will be disappointing investor here and trigger unwanted selling...
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RedEye1811
Master |
28-Apr-2017 12:50
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Another statement from Trump I presume..." Fake news" ...oh, got any cited studies/research to support your proposition? Or just blowing zero facts in the wind?
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KopRed75
Veteran |
28-Apr-2017 12:42
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Isn't that good for shortists like you? Why do you even care? But of course I can differentiate caring from fear mongering.
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