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alliance mineral resources move up
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RedEye1811
Master |
11-Apr-2017 20:49
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Well funds do move in and out....can simpy be taking advantage of gain....so could mean nothing...but then again....perhaps in short-term people see it as negative...but if more news comes out about prospects of firm and they good then could mean nothing in long run...but interesting...
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kingkong1
Member |
11-Apr-2017 20:49
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ceo just bought in . |
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ben_kieran
Member |
11-Apr-2017 20:41
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thats what got me worried lol.
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sheerluck
Supreme |
11-Apr-2017 20:40
Yells: "Work for your money first then let your money work for you" |
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Since now there are quite a fair bit of info available, let put them together and analyse. On the exploration On 24 Oct 2016 - Tawana announced exploration drillign on Bald Hill. On 3 Apr 217 - Tawana stated in their investor presentation they have done 10% of their exploration drilling. On 10 Apr 2017 - AMAL announced AMAL and Tawana has entered into the Lithium joint right as Tawana as spent that A$7.5mil expenditure commitment. So very simple math. 6 months to drill 10% for exploration. You think the remaining 90% can be done before they start building faciliities for processing the mined lithium which begins in 1 June (ie two months )? Only 10% exploration drilled and already spent A$7.5mil. You think the remaining 90% exploration can be drilled for free? So? |
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RedEye1811
Master |
11-Apr-2017 20:35
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The announcement on SGX...7,197,000 shares...reduced holding to 3.5% (5% previously)...transaction was 7/4 so took Harbour Asia Opportunity Master Fund a while to notify the AMAL...
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RedEye1811
Master |
11-Apr-2017 20:31
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Habour Asia Opportunity Master Fund no longer a substantial shareholder....that an interesting development...they deciding to cash in and take profit...or something not so right?...will it be good, bad or neutral for the share price? |
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ben_kieran
Member |
11-Apr-2017 20:30
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i have this app, it just notified that " Harbour Asia Opportunity master fund" sold 7.2million shares of AMAL at 0.360. |
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kingkong1
Member |
11-Apr-2017 20:11
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very funny looks like some people here never read today news and spread false rumors. |
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risktaker
Supreme |
11-Apr-2017 19:57
Yells: "Posts are opinions. Do not take it as investment advise " |
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If go 2c... i will all in LoL
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Jeromelow
Senior |
11-Apr-2017 19:41
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today performance is clearly flushing out contra holder to go up new high .... thats my obervance ... |
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RedEye1811
Master |
11-Apr-2017 19:36
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It going below 2c...when?...cool...can pick it up real cheap...given it never got below 4.5c before then if going to 2c be a great pick-up...let me know when it going to that level so I can buy....you bring great joy...
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timothylim890
Veteran |
11-Apr-2017 19:30
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That' s cute 
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jack2906
Veteran |
11-Apr-2017 19:29
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how about drop below 2cent like it used to be~... will you say the same thing?
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Wind22i
Supreme |
11-Apr-2017 19:25
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Hopefully AM is not under investigation like isrcap...
Isrcap prior to drop it was around 0.30 also.. Now its 0.005.. |
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RedEye1811
Master |
11-Apr-2017 18:34
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Great....will get even better chance to get cheap for long term investment...
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johnncheng81
Veteran |
11-Apr-2017 18:16
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chart looks very weak....if break 335 may see 280.
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tankookoo
Master |
11-Apr-2017 17:30
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Sell on no news, buy and push on news... |
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RedEye1811
Master |
11-Apr-2017 17:28
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But there was no news....so sell on what... 
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Alvin2042
Master |
11-Apr-2017 17:24
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Typical buy on expectation, sell on news
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ben_kieran
Member |
11-Apr-2017 17:08
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time to scoop up on dips |
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