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lithiumpower Member	04-Apr-2017 02:21        lithiumpower About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hey dude, you are spot on!  There is definitely a secret agenda on the questions raised so far!   How can a person so meticulous in pointing out the fine prints failed to recognize the fact that the Report on the Exploration Results was prepared by Competent Persons in accordance to JORC code?? When AMAL releases the estimate of the lithium reserve for the initial drillings, I am sure there will be further questions raised again on whether the resource estimation is carried by a competent person in the mining industry with the relavant experience...Hahaha!       KopRed75      ( Date: 04-Apr-2017 00:56) Posted: I can't help but think that you have a secret agenda. While you correctly pointed people to the fine prints under the Competent Persons Statement, why did you not complete the fine prints below it which states that the metallurgy and metallurgy test work has been reviewed by Mr Noel O'Brien who is not an employee of Tawana, but is employed as a contract consultant. Mr O'Brien is a Fellow of the Australasian Institute of Mining and Metallurgy, ...... You seem meticulous in sowing doubts hence it is difficult to give you the benefit of the doubt that you miss this paragraph right after the paragraph you used to carry out your attack. sheerluck      ( Date: 04-Apr-2017 00:34) Posted: Asking ASX is not the important point here.   The important questions are have they got any proven resource backed by a JORC report?   It doesn' t seems so to me.   If there is a report on proven resource pls post a link here.   I would really love to see that Whatever resource they claimed Bald Hill has, was it even carried out by an independent third party?   No, it is just a conceptual estimates from a major stakeholder himself.   Then they started all this talk like the minerals are all there ready to be dug out and plan all this plant and faciliites.   Now this does gives the impression that the minerals are there to be dug out, does it not?   But it was even proven yet? What business sense is there when you started planning and talking about building facilities when you don' t even know how much ore are in the ground?
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KopRed75 Veteran	04-Apr-2017 01:32        KopRed75 About Contact  Quote this Post!
x 0   x 0  Alert Admin	You do know that Tawana is not the original partner of AMAL but became one when they exercised the option to acquire Lithco No.2 who was the original JV partner of AMAL though CalderWood is a common director in the two companies (I think), don't you? My point is it requires a lot of conspiracy for a company listed in Australia and South Africa to acquire another company to form a dubious JV if the resources aren't real though not impossible. "A concept study has commenced with the the addition of a 1Mtpa spod umene concentrator. The study is undertaken by Wave International with a team of consultants....." This is an extract from an announcement made by AMAL dated 12 December 2016. While I agree that some works are conducted by Tawana, there are external parties involved as well which should not be ignored. sheerluck      ( Date: 04-Apr-2017 01:04) Posted: Because metallurgy test work is about the quality of the sample ie the grade,   I am questioning on the quantity. KopRed75      ( Date: 04-Apr-2017 00:56) Posted: I can't help but think that you have a secret agenda. While you correctly pointed people to the fine prints under the Competent Persons Statement, why did you not complete the fine prints below it which states that the metallurgy and metallurgy test work has been reviewed by Mr Noel O'Brien who is not an employee of Tawana, but is employed as a contract consultant. Mr O'Brien is a Fellow of the Australasian Institute of Mining and Metallurgy, ...... You seem meticulous in sowing doubts hence it is difficult to give you the benefit of the doubt that you miss this paragraph right after the paragraph you used to carry out your attack
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lithiumpower Member	04-Apr-2017 01:28        lithiumpower About Contact  Quote this Post!
x 0   x 0  Alert Admin	Definition of Competent Person according to JORC which I think you already know! Any Public Reporting of Exploration Results, Mineral Resources or Ore Reserves must be based on and fairly reflect documentation prepared by a Competent Person in accordance with the JORC Code. The company must obtain the prior written consent of the Competent Person to the form and context in which it reports the Competent Person&rsquo s work. A Competent Person must be a Member or Fellow of The Australasian Institute of Mining and Metallurgy, or of the Australian Institute of Geoscientists, or of a &lsquo Recognised Professional Organisation&rsquo . A Competent Person must have a minimum of five years&rsquo experience working with the style of mineralisation or type of deposit under consideration and relevant to the activity which that person is undertaking. sheerluck      ( Date: 04-Apr-2017 01:04) Posted: Because metallurgy test work is about the quality of the sample ie the grade,   I am questioning on the quantity. KopRed75      ( Date: 04-Apr-2017 00:56) Posted: I can't help but think that you have a secret agenda. While you correctly pointed people to the fine prints under the Competent Persons Statement, why did you not complete the fine prints below it which states that the metallurgy and metallurgy test work has been reviewed by Mr Noel O'Brien who is not an employee of Tawana, but is employed as a contract consultant. Mr O'Brien is a Fellow of the Australasian Institute of Mining and Metallurgy, ...... You seem meticulous in sowing doubts hence it is difficult to give you the benefit of the doubt that you miss this paragraph right after the paragraph you used to carry out your attack
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sheerluck Supreme	04-Apr-2017 01:04        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	Because metallurgy test work is about the quality of the sample ie the grade,   I am questioning on the quantity. KopRed75      ( Date: 04-Apr-2017 00:56) Posted: I can't help but think that you have a secret agenda. While you correctly pointed people to the fine prints under the Competent Persons Statement, why did you not complete the fine prints below it which states that the metallurgy and metallurgy test work has been reviewed by Mr Noel O'Brien who is not an employee of Tawana, but is employed as a contract consultant. Mr O'Brien is a Fellow of the Australasian Institute of Mining and Metallurgy, ...... You seem meticulous in sowing doubts hence it is difficult to give you the benefit of the doubt that you miss this paragraph right after the paragraph you used to carry out your attack. sheerluck      ( Date: 04-Apr-2017 00:34) Posted: Asking ASX is not the important point here.   The important questions are have they got any proven resource backed by a JORC report?   It doesn' t seems so to me.   If there is a report on proven resource pls post a link here.   I would really love to see that Whatever resource they claimed Bald Hill has, was it even carried out by an independent third party?   No, it is just a conceptual estimates from a major stakeholder himself.   Then they started all this talk like the minerals are all there ready to be dug out and plan all this plant and faciliites.   Now this does gives the impression that the minerals are there to be dug out, does it not?   But it was even proven yet? What business sense is there when you started planning and talking about building facilities when you don' t even know how much ore are in the ground?
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KopRed75 Veteran	04-Apr-2017 00:56        KopRed75 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I can't help but think that you have a secret agenda. While you correctly pointed people to the fine prints under the Competent Persons Statement, why did you not complete the fine prints below it which states that the metallurgy and metallurgy test work has been reviewed by Mr Noel O'Brien who is not an employee of Tawana, but is employed as a contract consultant. Mr O'Brien is a Fellow of the Australasian Institute of Mining and Metallurgy, ...... You seem meticulous in sowing doubts hence it is difficult to give you the benefit of the doubt that you miss this paragraph right after the paragraph you used to carry out your attack. sheerluck      ( Date: 04-Apr-2017 00:34) Posted: Asking ASX is not the important point here.   The important questions are have they got any proven resource backed by a JORC report?   It doesn' t seems so to me.   If there is a report on proven resource pls post a link here.   I would really love to see that Whatever resource they claimed Bald Hill has, was it even carried out by an independent third party?   No, it is just a conceptual estimates from a major stakeholder himself.   Then they started all this talk like the minerals are all there ready to be dug out and plan all this plant and faciliites.   Now this does gives the impression that the minerals are there to be dug out, does it not?   But it was even proven yet? What business sense is there when you started planning and talking about building facilities when you don' t even know how much ore are in the ground?   Atom99      ( Date: 04-Apr-2017 00:06) Posted: I suggest you ask ASX whether it constitute COI.Is anyone here qualifiied to asnwer this query or concern?
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sheerluck Supreme	04-Apr-2017 00:34        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	Asking ASX is not the important point here.   The important questions are have they got any proven resource backed by a JORC report?   It doesn' t seems so to me.   If there is a report on proven resource pls post a link here.   I would really love to see that Whatever resource they claimed Bald Hill has, was it even carried out by an independent third party?   No, it is just a conceptual estimates from a major stakeholder himself.   Then they started all this talk like the minerals are all there ready to be dug out and plan all this plant and faciliites.   Now this does gives the impression that the minerals are there to be dug out, does it not?   But it was even proven yet? What business sense is there when you started planning and talking about building facilities when you don' t even know how much ore are in the ground?   Atom99      ( Date: 04-Apr-2017 00:06) Posted: I suggest you ask ASX whether it constitute COI.Is anyone here qualifiied to asnwer this query or concern?  sheerluck      ( Date: 03-Apr-2017 23:59) Posted: Competent Persons Statement The information in this news release that relates to Exploration Results is based on and fairly represents information and supporting documentation compiled by Mr Mark Calderwood and Mr Gareth Reynolds, both employees of Tawana Resources NL (&ldquo Tawana&rdquo ). Mr Calderwood is a member of The Australasian Institute of Mining and Metallurgy and Mr Reynolds is a member of the Australian Institute of Geoscientists. Mr Calderwood and Mr Reynolds have sufficient experience relevant to the style of mineralisation under consideration and to the activity which they are undertaking to qualify as a Competent Person as defined in the 2012 edition of the &ldquo Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves&rdquo . Mr Calderwood and Mr Reynolds consent to the inclusion in this report of the matters based on their information in the form and context in which it appears. Mr Calderwood is a significant shareholder in Tawana. Mr Calderwood and Tawana do not consider these to constitute a potential conflict of interest to his role as Competent Person. Mr Calderwood is not aware of any other relationship with Tawana which could constitute a potential for a conflict of interest. Mr Reynolds is an employee of Tawana. Mr Reynolds is not aware of any other relationship with Tawana which could constitute a potential for a conflict of interest. ******************************************************************************************** Now then I realised the exploration results is compiled by Tawana major shareholdeer himself as well.   Like that also can?
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Atom99 Master	04-Apr-2017 00:10        Atom99 About Contact  Quote this Post! Style: Fundamental   Mood: Yells: "Once you hv eliminated the impossible,whatever remains TRUTH"
x 0   x 0  Alert Admin	Remeber people do lies Numbers do lies.DYOR and DYODD. papayaface      ( Date: 04-Apr-2017 00:02) Posted: May be tomorrow open gap up at 40 cts. Please place your bets now. Good luck Atom99      ( Date: 03-Apr-2017 23:11) Posted:   Now the CEO also try to promote AMAL...DYOR and DYODD. Buy or Don' t Buy the decision rest on YOU and you alone.Of course there are all kinds of people having their own agenda in the stock market.People like you and me. For me I DMOR and invest within my means.Don' t blame others if you losed your money and if you make lots of profit...good for you. This post is not and advice to buy or sell.I am not qualified. But to share information and make informed decision.  http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/company_announcements
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Atom99 Master	04-Apr-2017 00:06        Atom99 About Contact  Quote this Post! Style: Fundamental   Mood: Yells: "Once you hv eliminated the impossible,whatever remains TRUTH"
x 0   x 0  Alert Admin	I suggest you ask ASX whether it constitute COI.Is anyone here qualifiied to asnwer this query or concern?  sheerluck      ( Date: 03-Apr-2017 23:59) Posted: Competent Persons Statement The information in this news release that relates to Exploration Results is based on and fairly represents information and supporting documentation compiled by Mr Mark Calderwood and Mr Gareth Reynolds, both employees of Tawana Resources NL (&ldquo Tawana&rdquo ). Mr Calderwood is a member of The Australasian Institute of Mining and Metallurgy and Mr Reynolds is a member of the Australian Institute of Geoscientists. Mr Calderwood and Mr Reynolds have sufficient experience relevant to the style of mineralisation under consideration and to the activity which they are undertaking to qualify as a Competent Person as defined in the 2012 edition of the &ldquo Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves&rdquo . Mr Calderwood and Mr Reynolds consent to the inclusion in this report of the matters based on their information in the form and context in which it appears. Mr Calderwood is a significant shareholder in Tawana. Mr Calderwood and Tawana do not consider these to constitute a potential conflict of interest to his role as Competent Person. Mr Calderwood is not aware of any other relationship with Tawana which could constitute a potential for a conflict of interest. Mr Reynolds is an employee of Tawana. Mr Reynolds is not aware of any other relationship with Tawana which could constitute a potential for a conflict of interest. ******************************************************************************************** Now then I realised the exploration results is compiled by Tawana major shareholdeer himself as well.   Like that also can?
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papayaface Supreme	04-Apr-2017 00:02        papayaface About Contact  Quote this Post!   Yells: "This is the best time to enter....when everythings uncertain"
x 0   x 0  Alert Admin	May be tomorrow open gap up at 40 cts. Please place your bets now. Good luck Atom99      ( Date: 03-Apr-2017 23:11) Posted:   Now the CEO also try to promote AMAL...DYOR and DYODD. Buy or Don' t Buy the decision rest on YOU and you alone.Of course there are all kinds of people having their own agenda in the stock market.People like you and me. For me I DMOR and invest within my means.Don' t blame others if you losed your money and if you make lots of profit...good for you. This post is not and advice to buy or sell.I am not qualified. But to share information and make informed decision.  http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/company_announcements papayaface      ( Date: 03-Apr-2017 22:47) Posted: Have a strong feeling that there are many insiders in this thread trying so hard to promote AMAL for their own interests. Many just pretend not to know and ask leading questions and use another nick to provide the answers to their own questions. Hmmm. If thats the case, forumers please be careful and get out once your TP is reached. Good luck
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sheerluck Supreme	03-Apr-2017 23:59        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	Competent Persons Statement The information in this news release that relates to Exploration Results is based on and fairly represents information and supporting documentation compiled by Mr Mark Calderwood and Mr Gareth Reynolds, both employees of Tawana Resources NL (&ldquo Tawana&rdquo ). Mr Calderwood is a member of The Australasian Institute of Mining and Metallurgy and Mr Reynolds is a member of the Australian Institute of Geoscientists. Mr Calderwood and Mr Reynolds have sufficient experience relevant to the style of mineralisation under consideration and to the activity which they are undertaking to qualify as a Competent Person as defined in the 2012 edition of the &ldquo Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves&rdquo . Mr Calderwood and Mr Reynolds consent to the inclusion in this report of the matters based on their information in the form and context in which it appears. Mr Calderwood is a significant shareholder in Tawana. Mr Calderwood and Tawana do not consider these to constitute a potential conflict of interest to his role as Competent Person. Mr Calderwood is not aware of any other relationship with Tawana which could constitute a potential for a conflict of interest. Mr Reynolds is an employee of Tawana. Mr Reynolds is not aware of any other relationship with Tawana which could constitute a potential for a conflict of interest. ******************************************************************************************** Now then I realised the exploration results is compiled by Tawana major shareholdeer himself as well.   Like that also can?
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Atom99 Master	03-Apr-2017 23:57        Atom99 About Contact  Quote this Post! Style: Fundamental   Mood: Yells: "Once you hv eliminated the impossible,whatever remains TRUTH"
x 0   x 0  Alert Admin	My thought or observation here is that  some of the forumers  just ' jump-in' and ask questions or clarifications and expect and an answer from  here. My guess is that some of them did  not do their own reasearch or are not following the particular topics close enough that the questions or clarifications has already been posted days,weeks or months ago. Who  is going to  repeatedly spend time and energy to  extract the  information for you. So, I suggest  we can be more effective and efficient if we  can DOOR ourself and don' t get con. Some people suggest that If you you belieive that this particular company is a GEM...Keep quite don' t let people know.at ..invest in it quietly.I think that it is true. A chinese idiom : " Big trees invite wind"   Just like AMAL. Atom99      ( Date: 03-Apr-2017 23:11) Posted:   Now the CEO also try to promote AMAL...DYOR and DYODD. Buy or Don' t Buy the decision rest on YOU and you alone.Of course there are all kinds of people having their own agenda in the stock market.People like you and me. For me I DMOR and invest within my means.Don' t blame others if you losed your money and if you make lots of profit...good for you. This post is not and advice to buy or sell.I am not qualified. But to share information and make informed decision.  http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/company_announcements papayaface      ( Date: 03-Apr-2017 22:47) Posted: Have a strong feeling that there are many insiders in this thread trying so hard to promote AMAL for their own interests. Many just pretend not to know and ask leading questions and use another nick to provide the answers to their own questions. Hmmm. If thats the case, forumers please be careful and get out once your TP is reached. Good luck
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sheerluck Supreme	03-Apr-2017 23:41        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	AMAL CEO purchase shares from open market and announce to the whole world about it to " show" confidence.   Then Tawana presentation slides gave a very positive picture.   But in the very small print footnote, it says...... Notes 1 Tawana has identified a number of Exploration Targets at Bald Hill. In the Table a range of approximate tonnage and grade has been compiled from recent drilling results, an extensive review of historic reports and studies, mapping and geochemistry.  The potential quantity and grade of the Exploration Targets is conceptual in nature, there has been insufficient exploration to estimate a Mineral Resource, and it is uncertain if further exploration will result in the estimation of a Mineral Resource.  The basis for the approximate estimates of tonnage and grade include current drilling, historic production records, various topographic and volume surveys, drilling by various methods, grab and channel sampling and small scale bulk sampling. Tawana proposes to further evaluate the Exploration Targets during 2017 by drilling at a rate of about 12,500m per month. So all we got so far is a " I believe" scenario from the mgmt and price just went off like that? So how come without confirmation mineral resource, the mgmt is already planign all the infrastructure stuffs?   What have I missed here? As mentioned earlier, 5 BBs holds around 5%.   They cost is from 6cts to 11cts. So how now? nqing87      ( Date: 03-Apr-2017 21:16) Posted: thanks for the info:) but just wondering, what operating costs is it referring to for the $250 per ton? i dont see this $250 figure mention in the article.. what about the production cost?  Steady28      ( Date: 03-Apr-2017 20:46) Posted: Hi nqing87, replying on his behalf: go to  http://tawana.com.au/ (just in case if the link doesnt work: go google then tawana resource. then go to investor centre tab, then asx investment then  Investor Presentation April 2017.  this is the link:  http://spcagent.io/taw/wp-content/uploads/sites/26/2017/04/Investor-Presentation-April-17_Final.pdf if doesnt work, just follow the google step by step.  rgds, Steady
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Atom99 Master	03-Apr-2017 23:11        Atom99 About Contact  Quote this Post! Style: Fundamental   Mood: Yells: "Once you hv eliminated the impossible,whatever remains TRUTH"
x 1   x 0  Alert Admin	Now the CEO also try to promote AMAL...DYOR and DYODD. Buy or Don' t Buy the decision rest on YOU and you alone.Of course there are all kinds of people having their own agenda in the stock market.People like you and me. For me I DMOR and invest within my means.Don' t blame others if you losed your money and if you make lots of profit...good for you. This post is not and advice to buy or sell.I am not qualified. But to share information and make informed decision.  http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/company_announcements papayaface      ( Date: 03-Apr-2017 22:47) Posted: Have a strong feeling that there are many insiders in this thread trying so hard to promote AMAL for their own interests. Many just pretend not to know and ask leading questions and use another nick to provide the answers to their own questions. Hmmm. If thats the case, forumers please be careful and get out once your TP is reached. Good luck
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ken777 Veteran	03-Apr-2017 22:56        ken777 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Remember the famous quote " Buy before news, Sell on news " ... Once reach acceptable TP, take ....  Retailer will always be at the losing end unless not greedy No holding interest ..
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papayaface Supreme	03-Apr-2017 22:47        papayaface About Contact  Quote this Post!   Yells: "This is the best time to enter....when everythings uncertain"
x 0   x 0  Alert Admin	Have a strong feeling that there are many insiders in this thread trying so hard to promote AMAL for their own interests. Many just pretend not to know and ask leading questions and use another nick to provide the answers to their own questions. Hmmm. If thats the case, forumers please be careful and get out once your TP is reached. Good luck
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nqing87 Supreme	03-Apr-2017 21:16        nqing87 About Contact  Quote this Post!
x 0   x 0  Alert Admin	thanks for the info:) but just wondering, what operating costs is it referring to for the $250 per ton? i dont see this $250 figure mention in the article.. what about the production cost?  Steady28      ( Date: 03-Apr-2017 20:46) Posted: Hi nqing87, replying on his behalf: go to  http://tawana.com.au/ (just in case if the link doesnt work: go google then tawana resource. then go to investor centre tab, then asx investment then  Investor Presentation April 2017.  this is the link:  http://spcagent.io/taw/wp-content/uploads/sites/26/2017/04/Investor-Presentation-April-17_Final.pdf if doesnt work, just follow the google step by step.  rgds, Steady nqing87      ( Date: 03-Apr-2017 20:42) Posted: is there any article that mentions how much lithium alliance mineral is going to produce? where u get this figures of production from?
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Steady28 Senior	03-Apr-2017 20:50        Steady28 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "huat ah"
x 0   x 0  Alert Admin	Hi redeye,  not quoting verbatim and directing at you thou, but more of backing up to support the statement. Always good to have and useful to have source next to factual statement and stats. =) so let me do the work. im used to it.  cheers, RedEye1811      ( Date: 03-Apr-2017 20:43) Posted: Who said anything was based on heresay?...you simply have to go to the SGX website or if got access sites like Shareinvestor etc and the respective Form 3 can be found detailing the share purchase etc. Not hard to find. Steady28      ( Date: 03-Apr-2017 20:22) Posted: For the procurement of shares by the director: It' s always useful to have referencing/sources, for rigor and truth. Rather than hearsay. There you go.   http://pdf.reuters.com/sgxnews/sgxnews.asp?i=43059c3bf0e37541& u=urn:newsml:reuters.com:20170403:nSN7yl061 http://pdf.reuters.com/sgxnews/sgxnews.asp?i=43059c3bf0e37541& u=urn:newsml:reuters.com:20170403:nSN4XbDMV Rgds, Steady
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Steady28 Senior	03-Apr-2017 20:46        Steady28 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "huat ah"
x 0   x 0  Alert Admin	Hi nqing87, replying on his behalf: go to  http://tawana.com.au/ (just in case if the link doesnt work: go google then tawana resource. then go to investor centre tab, then asx investment then  Investor Presentation April 2017.  this is the link:  http://spcagent.io/taw/wp-content/uploads/sites/26/2017/04/Investor-Presentation-April-17_Final.pdf if doesnt work, just follow the google step by step.  rgds, Steady nqing87      ( Date: 03-Apr-2017 20:42) Posted: is there any article that mentions how much lithium alliance mineral is going to produce? where u get this figures of production from? furnaces      ( Date: 03-Apr-2017 15:03) Posted: Production -                  Spodumene Concentrate = 120,000 to 160,000 tonnes per annum (average 140,000) -                  Tantalum Pentoxide = 300,000 pounds per annum Before processing, these ores are worth -                  Spodumene Concentrate = US$900 per ton -                  Tantalum Pentoxide = US$60 per pound Total worth per annum (before accounting for operating costs) -                  Spodumene Concentrate = US$900 per ton x 140,000 = US$126,000,000 -                  Tantalum Pentoxide = US$60 per pound x 300,000 = US$18,000,000 Total worth per annum (after accounting for operating costs) -                  Spodumene Concentrate = (US$900 &ndash US$250 per ton) x 140,000 = US$91,000,000 -                  Tantalum Pentoxide = (US$60 &ndash US$30 per pound) x 300,000 = US$9,000,000 The infrastructure is mostly in place or funded by Tawana Resources, so Alliance shouldn&rsquo t incur too much of a cost here. Total operating profit per year about US$100,000,000 or S$140,000,000 Alliance Mineral 50% share in Joint Venture = $70,000,000 Additional expenses for Alliance Mineral assuming $5,000,000 (tax, administrative etc) Net Profit = $65,000,000 Assuming a 8x P/E ratio, same as Galaxy Resources = Market cap to be about $520,000,000 Target Price = $520,000,000 / 480,000,000 shares = $1.08 per share.   Well, above is an ideal scenario. Execution risks poses a serious threat as well as offtake agreements. An also, if the disclosed data  are not what they actually are.
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RedEye1811 Master	03-Apr-2017 20:43        RedEye1811 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Who said anything was based on heresay?...you simply have to go to the SGX website or if got access sites like Shareinvestor etc and the respective Form 3 can be found detailing the share purchase etc. Not hard to find. Steady28      ( Date: 03-Apr-2017 20:22) Posted: For the procurement of shares by the director: It' s always useful to have referencing/sources, for rigor and truth. Rather than hearsay. There you go.   http://pdf.reuters.com/sgxnews/sgxnews.asp?i=43059c3bf0e37541& u=urn:newsml:reuters.com:20170403:nSN7yl061 http://pdf.reuters.com/sgxnews/sgxnews.asp?i=43059c3bf0e37541& u=urn:newsml:reuters.com:20170403:nSN4XbDMV Rgds, Steady timothylim890      ( Date: 03-Apr-2017 18:57) Posted: Buy-in as a show of support from directors is always a good sign. Let's follow the milestones closely this month. Good luck to all
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Steady28 Senior	03-Apr-2017 20:43        Steady28 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "huat ah"
x 0   x 0  Alert Admin	sry got typo. http://pdf.reuters.com/sgxnews/sgxnews.asp?i=43059c3bf0e37541& u=urn:newsml:reuters.com:20170403:nSN7yl061  for the above link, there is a space between e37541& u   copy and paste then backspace the space between & u  then should be able to access   Steady28      ( Date: 03-Apr-2017 20:41) Posted: Hi tim, i copy and pasted the link direct. im using dbs vickers, under the insights/news tab. however, i think due to some security encrpytion, the link doesnt work here.  http://pdf.reuters.com/sgxnews/sgxnews.asp?i=43059c3bf0e37541& u=urn:newsml:reuters.com:20170403:nSN7yl061 for the above link, there is a space between e37541& n  copy and paste then backspace the space between & n then should be able to access. Also, is there a function to attach file? sorry im still much pretty a novice here navigating.  timothylim890      ( Date: 03-Apr-2017 20:23) Posted: Thanks Steady, totally agree with you. However, the links don' t work. Where should I look?
Useful To Me  Not Useful To Me

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