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alliance mineral resources move up
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risktaker
Supreme |
19-Apr-2017 14:30
Yells: "Posts are opinions. Do not take it as investment advise " |
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U sound like ur pocket very deep.... respect u steady... wanna be friend hahaha
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RedEye1811
Master |
19-Apr-2017 14:27
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Presently this counter not yet in oversold position by some indicators so may still go below 26.5c...if people wish to dump/short it lower and even below 20c then great...if market sentiment is then settled with upward more probable then I happily take it off their hands....for now...happy to be patient...long term is my goal...
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RedEye1811
Master |
19-Apr-2017 14:24
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If you can be patient may IMHO be wise to wait some more....with market sentiment so negative and people left and right crashing anything and everything on the SGX that made rises past 3 months then may still be a while before settles...but that can be a great chance (if you feel this is a good long term investment) to get in at a great discount...when FS and other reports out the picture of potential (if any) likely come clear...good luck regardless..
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risktaker
Supreme |
19-Apr-2017 14:24
Yells: "Posts are opinions. Do not take it as investment advise " |
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Guess price bottom liao....miss the 265 | ||||
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risktaker
Supreme |
19-Apr-2017 14:17
Yells: "Posts are opinions. Do not take it as investment advise " |
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100m share @25c =24m+ raise
So both got together got 50m... the construction can start... |
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risktaker
Supreme |
19-Apr-2017 14:15
Yells: "Posts are opinions. Do not take it as investment advise " |
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Maybe they wanted to do private placement share price must be similar to TAW... i believe placement price to be 23c to 25c.. | ||||
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chiachiawee
Elite |
19-Apr-2017 14:13
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was waiting patiently since 40. Think it chiong way too fast ahead of fundamental. i hope to grope it at a price much lower than now.
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furnaces
Veteran |
19-Apr-2017 14:12
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For those who long, hang on tight. Likely a capitulation going on accompanied by sharply increasing volume. For AMAL to be worth the same market cap as TAW, which is trading at A$0.265, AMAL should be at S$0.225. Use this as a base line. |
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risktaker
Supreme |
19-Apr-2017 14:10
Yells: "Posts are opinions. Do not take it as investment advise " |
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If shorters got ball bring it down 10c la... i sure buy
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chiachiawee
Elite |
19-Apr-2017 14:08
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Watch a while more. Dumping too fierce. Was tempted to enter at 0.29 cos thought low enough. Past experiences told me not yet wait big show might come. and it does. 0.26 now.
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RedEye1811
Master |
19-Apr-2017 14:02
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HOOT!! HOOT!!! HOOT!!!
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sheerluck
Supreme |
19-Apr-2017 13:58
Yells: "Work for your money first then let your money work for you" |
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If the latest Tawana and AMAL is meant to boost the confidence of their operation, then in theory it could have gap up eaily 5-10%.   Instead the poor market sentiment cause it to lose that " gap up" plus a further drop of 6-8%.   So in total the loss in gain is about 10-18% just one day. Is this a good time to hoot big big?   Previously when the price dropped to around 30cts, those who believe this stock should be worth $1 should hoot big big.   Now the reward is even greater at 27cts.   So should hoot even morebig big than last time. So hoot or not? |
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jazzzkk
Senior |
19-Apr-2017 13:54
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Told you guys. It wont last
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chiachiawee
Elite |
19-Apr-2017 13:48
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CEO must be headache now 300k share bought at 0.3 doesnt seem to instill confidence enough. Will he be thinking of another purchase? sideline watching.
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timothylim890
Veteran |
19-Apr-2017 13:45
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Doesn' t look good today. Quite surprised that price is down this much despite the release of positive news. Thought it would have helped to stave off further declines. Looks like the market really needs to see FS and off-take agreements to give AMAL its due.
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chiachiawee
Elite |
19-Apr-2017 13:44
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Everytime sell on news is for real, coupled with this week market sentiments. There are so many counters in red and those who shorted intraday since last friday to today have gained big, may buy new condo alr. Sideline watching. Wheres the base? Tend to enter. |
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RedEye1811
Master |
19-Apr-2017 12:32
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TAW does seem to be holding its own....the increased rig count is another good point....if it is fact they got something then hopefully fact they seem to be moving forward will mean they meet their deadline....by end of April/early May this presumably come lot clearer...
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RedEye1811
Master |
19-Apr-2017 12:28
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You are correct...whilst can interpret the remark positively we should always have the caveat at the back of mind they could scrap it all at the last moment...the FS and related new plus any off-take agreements news will be the key...just feels like more forward steps than backward.... On off-take agreements the phrasing of: " Product off-take pricing and prepayment negotiations are also in an advanced stage" . This can also be viewed positively perhaps. If negotiations were still in an exploratory stage or they were trying to find buyers then why use this line. Naturally the negotiations can come to nothing but least seems better than saying " we just sent out a salesperson to try and find someone" .
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EmmGru
Veteran |
19-Apr-2017 12:17
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TAW share price holding at A$0.265. Probably marks the 2nd day running the Aussie mkt down but TAW unaffected. I' m still waiting for more detailed analysis to be posted on HC. I find the increase in number of drill rigs deployed to 5 to be the most concrete development. Deploying drill rigs is costly and is an impt capex decision. They are obviously stepping up the operation very quickly. |
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timothylim890
Veteran |
19-Apr-2017 12:08
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I had similar thoughts. The language in the release seems to indicate a high level of confidence of the mine' s economic viability. However just to provide a counterpoint, " Tawana and AMAL have given go-ahead for the commencement of detailed design and final long lead item equipment selection" - even if they commence detailed design and equipment selection, they could still call off the plant construction and equipment procurement if somehow they find that they don' t have a large enough resource estimate, or if off-take and pre-payment talks fall through. Just putting it out there. Personally of course I am looking forward to favorable news, especially FS results and off-take agreements 
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