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sure-kill Veteran	30-Mar-2017 21:43        sure-kill About Contact  Quote this Post!
x 0   x 0  Alert Admin	Have cfd. U nvr sold at matching? alto26      ( Date: 30-Mar-2017 18:46) Posted: Have cfd meh.this stock.how you short when 395 is a closing buy. sure-kill      ( Date: 30-Mar-2017 18:27) Posted: Increased short tdy
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alto26 Senior	30-Mar-2017 18:46        alto26 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Have cfd meh.this stock.how you short when 395 is a closing buy. sure-kill      ( Date: 30-Mar-2017 18:27) Posted: Increased short tdy. sure-kill      ( Date: 29-Mar-2017 17:58) Posted: I opened small short position at 39.5c
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alto26 Senior	30-Mar-2017 18:44        alto26 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Today dwon3 cents..er I guess this stock will keep goin down tomo.very likely
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risktaker Supreme	30-Mar-2017 18:38        risktaker About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Posts are opinions. Do not take it as investment advise "
x 0   x 0  Alert Admin	finally out of this stock.... good luck took profit today...
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sure-kill Veteran	30-Mar-2017 18:27        sure-kill About Contact  Quote this Post!
x 0   x 0  Alert Admin	Increased short tdy. sure-kill      ( Date: 29-Mar-2017 17:58) Posted: I opened small short position at 39.5c. jazzzkk      ( Date: 29-Mar-2017 16:01) Posted: same here. Busy work. Still holding since 10.5. No time to monitor. Last week when retract slightly to 23 cts almost want to enter more but missed the train. As for papayaface let him call for short as much as he wants nobody cares about a fruit fac
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huat5039 Member	30-Mar-2017 18:22        huat5039 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	I believe it will be lifted after results are out.  didisiaosiao      ( Date: 30-Mar-2017 18:19) Posted: If bb wanna push due to good report n fair px, nothing can stop them...... ))))) huat5039      ( Date: 30-Mar-2017 18:16) Posted: Yes it' s confirm restricted at CIMB but you can still use CUT
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didisiaosiao Master	30-Mar-2017 18:19        didisiaosiao About Contact  Quote this Post!
x 0   x 0  Alert Admin	If bb wanna push due to good report n fair px, nothing can stop them...... ))))) huat5039      ( Date: 30-Mar-2017 18:16) Posted: Yes it' s confirm restricted at CIMB but you can still use CUT     edwinjup      ( Date: 30-Mar-2017 18:09) Posted: heard cimb also joine
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huat5039 Member	30-Mar-2017 18:16        huat5039 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Yes it' s confirm restricted at CIMB but you can still use CUT     edwinjup      ( Date: 30-Mar-2017 18:09) Posted: heard cimb also joined etchew      ( Date: 30-Mar-2017 16:10) Posted: Alliance Mineral Assets UOB Kay Hian has become the second Singapore stockbroker to restrict trading in the stock of lithium miner Alliance Mineral Assets after the counter' s rapid run-up over the past few weeks. Alliance has doubled in value in March alone, closing at 39.5 Singapore cents on Wednesday. UOB Kay Hian will require cash for purchases above S$50,000 for the stock, market sources said. Lim & Tan Securities imposed buy and sell limits of S$30,000 on March 27 to control exposure to the counter.
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edwinjup Supreme	30-Mar-2017 18:09        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	heard cimb also joined etchew      ( Date: 30-Mar-2017 16:10) Posted: Alliance Mineral Assets UOB Kay Hian has become the second Singapore stockbroker to restrict trading in the stock of lithium miner Alliance Mineral Assets after the counter' s rapid run-up over the past few weeks. Alliance has doubled in value in March alone, closing at 39.5 Singapore cents on Wednesday. UOB Kay Hian will require cash for purchases above S$50,000 for the stock, market sources said. Lim & Tan Securities imposed buy and sell limits of S$30,000 on March 27 to control exposure to the counter.
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HANZXC Member	30-Mar-2017 18:05        HANZXC About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maybe today BB acculumate and tmr the will try to push to 0.40 before the weekend in anticipation for announcement? tankookoo      ( Date: 30-Mar-2017 17:43) Posted: close 36.5 cents...not a good closing.. naocan      ( Date: 30-Mar-2017 15:24) Posted: Strong base support at $0.370.
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tankookoo Master	30-Mar-2017 17:43        tankookoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	close 36.5 cents...not a good closing.. naocan      ( Date: 30-Mar-2017 15:24) Posted: Strong base support at $0.370.
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etchew Member	30-Mar-2017 16:10        etchew About Contact  Quote this Post!
x 0   x 0  Alert Admin	Alliance Mineral Assets UOB Kay Hian has become the second Singapore stockbroker to restrict trading in the stock of lithium miner Alliance Mineral Assets after the counter' s rapid run-up over the past few weeks. Alliance has doubled in value in March alone, closing at 39.5 Singapore cents on Wednesday. UOB Kay Hian will require cash for purchases above S$50,000 for the stock, market sources said. Lim & Tan Securities imposed buy and sell limits of S$30,000 on March 27 to control exposure to the counter.
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naocan Member	30-Mar-2017 15:24        naocan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Strong base support at $0.370.
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amlithiumpower Senior	30-Mar-2017 14:31        amlithiumpower About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi Atom99, I will definitely hold on. There are still multiple potential announcements in the pipeline. 1) Feasibility Study 2) Offtake partnership 3) Resources/ Reserves Report with a wild card of potential  introduction talks with Temasek Holdings through a Singapore statutory body (It' s been some times since the email confirmation was received by AM, who will not want to talk with Temasek right?) Perhaps Temasek is waiting for the resources/ reserves report before deciding to go in big time. IMO & DYODD http://infopub.sgx.com/FileOpen/Clarification%20Announcement%20on%20the%20News%20Article%20Published%20in%20the%20Edge%20Singapore.ashx?App=Announcement& FileID=422737 Atom99      ( Date: 30-Mar-2017 13:48) Posted: In my opinion,I will HOLD if I will you till imminent announcement in April. Decision is yours to make.DYODD. amlithiumpower      ( Date: 30-Mar-2017 13:37) Posted: Hi, I' m a newcomer in this forum but I' m holding Alliance Mineral (AM) Shares since Sep 2016 when I first bought at 0.138.  A few interesting things in my research. 1) AM signed into  SIGNING OF BINDING CONDITIONAL TERMS SHEET WITH LITHCO NO. 2 PTY LTD on 3 June 2016. http://infopub.sgx.com/FileOpen/2016.06.03%20-%20Announcement%20-%20Binding%20Terms%20Sheet%20with%20Lithco%20No.2%20Pty%20Ltd.ashx?App=Announcement& FileID=407728 2)  LITHCO NO. 2 PTY LTD was incorporated on 31 May 2016 https://www.aus61business.com/company/Lithco-No2-Pty-Ltd 3)  LITHCO NO. 2 PTY LTD was related to Mark Calderwood, Managing director of Tawana Resources (page 60 of Tawana Resources Annual report 2016) and he was appointed as CEO of Tawana on 11 July 2016 and Managing Director on 21 October 2016 (page 6 of  Tawana Resources Annual report 2016) http://www.asx.com.au/asxpdf/20170329/pdf/43h3ly91jjlb60.pdf Guess some of us might wonder, the date of incorporation of Lithco and the date of binding agreement signed between Lithco and AM and lastly Tawana exercised the option to acquire Lithco. I suspect some major cooking but I' m not sure if its the downside or the upside. May I know any experts here can help? Really appreciate it and yes, I' m still vested. DYODD
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risktaker Supreme	30-Mar-2017 14:20        risktaker About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Posts are opinions. Do not take it as investment advise "
x 0   x 0  Alert Admin	Share this Market Dialogues kopiC: the Company brew  24 March 2017 Alliance Mineral Assets Strikes While Lithium is Hot Alliance Mineral Assets Ltd SGX Code 40F Mkt Cap S$M 125 % Price Change YTD 196.7 % Price - Div Adj. YTD 196.7 % Price - Div Adj. [1 Year] 275.0 Price vs. 12M High % 0.0 Price vs. 12M Low % 373.7 % Div Yld N/A % ROE -32.3 P/E N/A P/BV 7.2 Source: SGX StockFacts (22 March 2017) Tjandra Pramoko, the Chief Executive Officer of SGX-listed Alliance Mineral Assets Ltd, enjoys getting his hands dirty. Over the last two decades, the mining industry veteran has moved from stone quarrying - producing granite and marble for the building and construction industry, to mining gemstones, and finally, tantalum and lithium, which are used in electronic components, mobile phone batteries and electric vehicles. " Mining is my passion - I' ve been dealing with stones most of my life, and I love what I do," said the Bachelor of Business graduate from Edith Cowan University in Western Australia. " Most people don' t realise mining is actually very hard work - you need to be very hands-on." Fresh out of university, Pramoko began helping out in the family business. " My father built one of the largest businesses in the stone industry during the early 90' s by mining in Indonesia, and supplying the finished product in the form of marble and granite to the building and construction industry in Australia," he said. In early 2000, just before Australia entered the mining boom, prospects were bright and exploration grounds plentiful.  " We saw the rapid expansion of China' s economy, and how the Chinese came to Western Australia and invested heavily in the mining sector," Pramoko said.  " With my economics background and construction industry experience, I was confident of venturing into mining. Our first foray involved buying a few mining sites and selling them to a major iron ore producer." Pramoko continued to acquire mining assets and licenses, and bought the Bald Hill site in 2009. Together with his wife Simone Suen, he founded Alliance Mineral Assets Ltd in 2010 to do exploration and mining of Bald Hill.  Suen was named Executive Director of Alliance in 2010. In June 2014, Pramoko, who was then a consultant of the company, was appointed its CEO. In July that year, Alliance was listed on Singapore Exchange' s Catalist board. Tested to the Limit The Bald Hill Project in Western Australia covers an area of 59,000 hectares, which is slightly smaller than the size of Singapore. Exploration activities began in the 1960s, and mining has been conducted since the 1970s. The project, which includes four mining leases, eight prospecting licenses and eight exploration licenses, started off by mining tantalum. Tantalum is a rare, highly corrosion-resistant metal, widely used in automotive electronics, mobile phones, computers and surgical instruments. Australia is the second-largest global resource for the hard, blue-grey metal, which is considered a conflict mineral. The 2010 Dodd-Frank legislation in the US has led to a de-facto embargo on tantalum from the Democratic Republic of Congo. More than a year after its listing, Alliance, which secured an offtake agreement with Mitsubishi Corporation RtM Japan, began producing tantalum. Shortly after, prices of the metal, which were hovering around US$85 per pound, started falling. " We delivered our first shipment of tantalum in December 2015, and by February 2016, prices were tanking. By April, they had collapsed to US$55 per pound, and went as low as US$50 per pound," Pramoko recalled. At those levels, the project could barely break even. " So, we made the difficult decision to stop our operations." It was a big blow that later turned out to be a blessing.  " We were tested, very tested," he said. " But we continued to hope, because we knew our ore deposits were the best in the area." Husband and wife went back to the drawing board. They sifted through old exploration data - mostly hand-drawn geological reports - of the mine site to see if they could find higher grade tantalum deposits to boost their economics of production. They carried out further metallurgical tests on by-products from recent extractions " to see if we had missed anything." That was when they hit the jackpot - studies showed that Bald Hill' s most significant by-product was a 6.73% lithium oxide spodumene concentrate. Lithium belongs to the group of alkali metals - the lightest of all metals and the least dense solid element. Demand for the soft, silvery white metal is driven by lithium-ion batteries used in electronic vehicles, energy storage systems and mobile phones. Spodumene is a lithium-bearing, aluminium silicate mineral occurring mostly in lithium-rich pegmatites, or granite-like igneous rock. Spodumene concentrate is converted to lithium carbonate through thermal processing and leaching methods.  " Initially, we couldn' t believe the results - how much lithium there was, and how high its quality was. A grade of 5.5% is commonly sold in the market, while 6% is considered premium. But we can produce 6.7%!" Pramoko said. " If tantalum prices had not collapsed, we would not have found what we had. It was a learning curve we were meant to go through, and we' re very blessed that we got the right address." Turnaround Story The change in Alliance' s fortunes has drawn significant investor attention. Last June, Lithco 2 - a subsidiary of Australian company Tawana Resources - agreed to partner Alliance for the exploration and exploitation of minerals in the Bald Hill Project, contributing A$20 million to earn its 50% share of the joint venture.  The amount comprises a minimum A$7.5 million spending on exploration, evaluation and feasibility by end-2017, as well as A$12.5 million for upgrading and converting the plant to process ore from the project by end-2019. Tawana' s partnership also provides expert knowledge through its Managing Director Mark Calderwood, who has three decades of mineral exploration experience. At the same time, the company successfully placed out 83.5 million new shares at 6 Singapore cents each to institutional investors, raising S$5 million. Alliance has a current market capitalisation of more than S$130 million. Its shares have tripled in the year-to-date, surging 197% on 22 March 2017 to a fresh 52-week peak of 27 Singapore cents, its highest in nearly two-and-a-half years. This level is still 26% below the all-time high of 36.5 cents reached on its 25 July 2014 trading debut. The company has yet to report revenue from production. Between the financial years ended 30 June 2014 and 2016, it averaged an annual net loss of A$7.1 million. For the fiscal second quarter ended 31 December 2016, Alliance reported a loss after tax of A$989,360, compared with a net loss of A$678,245 in the year-earlier period. Cash and cash equivalents stood at A$3.3 million as at 31 December 2016, compared with A$5.4 million as at 30 June 2016. Meanwhile, drilling work to test for lithium at Bald Hill is nearly complete, with the resource estimate likely to be released by early next month. The feasibility study is scheduled to be completed in five weeks, and Alliance aims to award engineering, procurement and construction contracts for mine infrastructure in the same time frame. Production is expected to commence before year-end. Concurrently, it will finalise offtake agreements with the potential partners it has been in talks with, as well as review pre-payment and other financing opportunities. " Comparatively, there are fewer big players in hard-rock lithium, so when we start production later this year, we will be Australia' s fourth producer, and the only one on SGX," Pramoko noted. " Once we become number four, we will be catapulted onto the world stage."   Over 80% of global lithium supply comes from four major producers - Australia' s  Talison  Lithium, Chile' s SQM Lithium, as well as Albemarle Corp and FMC Corp, both US chemical companies. Apart from  Talison, top lithium producers down under include  Galaxy Resources Ltd and Neometals Ltd. Riding the Uptrend Last year' s tight market for lithium is expected to extend into 2017, further boosting prices, Canaccord Genuity said in report published last December. Reported contract prices achieved in 2016 by key players, including Galaxy Resources, point to year-over-year price increases of around 50% for both lithium carbonate - at US$10,000-US$12,000 per tonne - and spodumene concentrate - at over US$850 per tonne, Canaccord data showed. As a result, the research firm has raised its near-term projections - forecasting lithium carbonate prices of US$12,000 per tonne this year, up 60% year-on-year, and US$9,243 a tonne next year, up 32% year-over-year. For spodumene concentrate, it expects prices to rise 67% year-on-year to US$904 per tonne, and 55% year-over-year to US$745 a tonne, for 2017 and 2018 respectively. Canaccord' s longer term projections - for 2025 - remain mostly unchanged at US$10,300 a tonne and US$727 per tonne for carbonate and spodumene respectively. The next few years will be an opportune time for Alliance to ride the uptrend in lithium prices, Pramoko said. " This is why we' re rushing to take advantage of higher prices now. After that, when supplies increase, prices will fall." On top of revenue from hard-rock lithium production, Alliance will get " a healthy tantalum credit" , as it intends to produce and sell tantalum from the same ore. " We' re a company that has not just one, but multiple products. The advantage we have over the country' s top three lithium producers is that our ground also contains high grade tantalum, which would be mined at the same time as we mine for lithium," he added. " The cost of mining either tantalum or lithium is the same, but with one cost, we' re getting two products. If we only had tantalum, we would be struggling." Tantalum prices are currently hovering around US$70 per pound, and are expected to return to 2013-2014 levels of US$100 per pound over the longer term. " That will boost our bottom line by another 25% to 28%," he said. One way to weather price cycles in the mining industry is to establish strong customer relationships. " Once you have an established product, most Chinese and Japanese offtakers are focused on securing the supply," Pramoko said. " They usually want only one source, because that supplier would have been qualified and meets all their specs. As long as they can get the product they want, they are willing to pay, and that helps to absorb the industry' s price fluctuations over the longer term." Another avenue of diversification is finding new lithium customers. " We will conduct a feasibility study to determine if our lithium is suitable for the ceramic and glass industry. Using lithium in cookware makes it more stable, so it doesn' t crack or shatter under high temperatures," he added. The upside for Bald Hill is also substantial due to the size of its tenement holdings, with Alliance mining only 500 hectares out of 71,000 hectares. " The opportunities are huge - we cannot possibly do it all ourselves. There are available reserves for generations to come," he said. Destiny Calls Looking back over the past seven years, Pramoko feels both comforted and exhilarated.  " In a way, we can pat ourselves on the back, because we' ve built something of significant potential with very little money. In the mining game, being able to produce this grade of lithium with this size of investment is a feat in itself." And something good is about to materialise very soon, he added. " Looking at what Bald Hill was, and what it will become, gives me great joy and drive." It' s like watching your kids grow up, said the 47-year-old father of two boys and a girl, aged 14 to 21.  " We' ve invested millions of dollars in mining assets, and this is the first project that has borne fruit. Like a baby, we' ve witnessed its growth - from the moment of birth, to the time it began walking, and finally now, it is running on its own two feet." Recognition of the project' s value is also growing. " In Australia, everyone is talking about Alliance now. Other companies are saying, ' We' re mining next to Bald Hill' , and we' re being quoted as the go-to address for lithium," he smiled. From start to finish, Pramoko and Suen have adopted a prudent, strategic approach. " We didn' t buy Bald Hill because it was just real estate - it was a well-thought out plan and the metallurgy is proof - it' s all in our ground," he said. " In our decisions, we may not have reacted in the quickest of ways, but we were always cautious and risk-averse, because we wanted to invest the best way we could, with the money that we had." At the end of the day, it' s all about destiny, Pramoko admitted with a laugh. " It seems that Bald Hill chose us - we didn' t choose it." There, however, remains a potential spanner in the works - government regulation and bureaucracy. " Getting all the relevant licenses and approvals in Australia can be an unpredictable process, and timelines can easily blow out," Pramoko noted. But the journey thus far - fraught with risks and challenges - has taught him the importance of determination.  " I tell my kids, ' Never give up' and ' Always work hard' , because you don' t get where you want to be unless you put in the hours," he said. " In the past, many people told us Bald Hill would be a small project - there' s only tantalum, nothing big is going to happen. But we didn' t give up. We kept on fighting, and now, our ore bodies speak for themselves."   Financial results Year ended 30 June (A$ ' 000) 2016 2015 2014   Interest and other income 157 940 7   Loss before income tax -2,371 -12,496 -6,296   Loss after tax -4,082 -10,785 -6,296   Quarter ended 31 December (A$ ' 000) 2Q 2017 2Q 2016 % Change   Interest and other income 73 13 460   Loss before income tax -989 -678 NM*   Loss after tax -989 -678 NM*   *NM: Not meaningful Note: Alliance Mineral Assets Ltd has yet to report revenue from production. Source: Company data Outlook & Risks Alliance Mineral Assets Ltd has made tremendous progress at its Bald Hill mine - infill drilling for the initial lithium resource estimate is essentially complete, and resource estimation work has commenced. The results should lead to an increase in existing tantalum resources and reserves. Tawana has completed 193 Resource RC drill holes since 28 December 2016 rigs at the mine increased to three as drilling has found numerous high grade Lithium and Tantalum intercepts Larger scale metallurgical test work is complete, with two  key findings of the Bald Hill mineralisation:  Ability to produce grades in excess of 6% Li2O at good mass yields and low iron content Appreciably reduced processing costs from the ability to reject 60%-70% of the feed mass after a first pass Dense Media Separation (DMS) Feasibility study scheduled for completion by late March/early April with the aim of commissioning the spodumene concentrator in October 2017 Alliance and Tawana have been approached by several potential offtake partners, and samples are expected to be completed before end-March with a head grade of 2.14% Li2O
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Atom99 Master	30-Mar-2017 13:48        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	In my opinion,I will HOLD if I will you till imminent announcement in April. Decision is yours to make.DYODD. amlithiumpower      ( Date: 30-Mar-2017 13:37) Posted: Hi, I' m a newcomer in this forum but I' m holding Alliance Mineral (AM) Shares since Sep 2016 when I first bought at 0.138.  A few interesting things in my research. 1) AM signed into  SIGNING OF BINDING CONDITIONAL TERMS SHEET WITH LITHCO NO. 2 PTY LTD on 3 June 2016. http://infopub.sgx.com/FileOpen/2016.06.03%20-%20Announcement%20-%20Binding%20Terms%20Sheet%20with%20Lithco%20No.2%20Pty%20Ltd.ashx?App=Announcement& FileID=407728 2)  LITHCO NO. 2 PTY LTD was incorporated on 31 May 2016 https://www.aus61business.com/company/Lithco-No2-Pty-Ltd 3)  LITHCO NO. 2 PTY LTD was related to Mark Calderwood, Managing director of Tawana Resources (page 60 of Tawana Resources Annual report 2016) and he was appointed as CEO of Tawana on 11 July 2016 and Managing Director on 21 October 2016 (page 6 of  Tawana Resources Annual report 2016) http://www.asx.com.au/asxpdf/20170329/pdf/43h3ly91jjlb60.pdf Guess some of us might wonder, the date of incorporation of Lithco and the date of binding agreement signed between Lithco and AM and lastly Tawana exercised the option to acquire Lithco. I suspect some major cooking but I' m not sure if its the downside or the upside. May I know any experts here can help? Really appreciate it and yes, I' m still vested. DYODD
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amlithiumpower Senior	30-Mar-2017 13:37        amlithiumpower About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi, I' m a newcomer in this forum but I' m holding Alliance Mineral (AM) Shares since Sep 2016 when I first bought at 0.138.  A few interesting things in my research. 1) AM signed into  SIGNING OF BINDING CONDITIONAL TERMS SHEET WITH LITHCO NO. 2 PTY LTD on 3 June 2016. http://infopub.sgx.com/FileOpen/2016.06.03%20-%20Announcement%20-%20Binding%20Terms%20Sheet%20with%20Lithco%20No.2%20Pty%20Ltd.ashx?App=Announcement& FileID=407728 2)  LITHCO NO. 2 PTY LTD was incorporated on 31 May 2016 https://www.aus61business.com/company/Lithco-No2-Pty-Ltd 3)  LITHCO NO. 2 PTY LTD was related to Mark Calderwood, Managing director of Tawana Resources (page 60 of Tawana Resources Annual report 2016) and he was appointed as CEO of Tawana on 11 July 2016 and Managing Director on 21 October 2016 (page 6 of  Tawana Resources Annual report 2016) http://www.asx.com.au/asxpdf/20170329/pdf/43h3ly91jjlb60.pdf Guess some of us might wonder, the date of incorporation of Lithco and the date of binding agreement signed between Lithco and AM and lastly Tawana exercised the option to acquire Lithco. I suspect some major cooking but I' m not sure if its the downside or the upside. May I know any experts here can help? Really appreciate it and yes, I' m still vested. DYODD
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Atom99 Master	30-Mar-2017 13:11        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	When restriction are in placed by brokerage firms,it strikes fears and panlcs on small retailers or investors and who gains... big funds and maybe bokerage firms mops up at cheap and sell high when the tide changes.Especially company which are fundamentally sound. risktaker      ( Date: 30-Mar-2017 12:30) Posted: Below Taken from investnote just sharing 1. Waiting for the offtake agreement in Apr/May AMAL aim to produce 129,000 coarse material in the first year, with additional 59,000 of fine material the following year. This is according to the spectacularly better-than-expected large-scale metallurgical test work," says Mr Pramoko. Galaxy Resources secured offtake agreement of USD950mt for spodumene concentrate. Galaxy lithium grade is 5%+ whilst AMAL is 6%+ premium grade. 129000x950=USD122.55m, not including the main Tantalum product and 59000 tons of fine product and other minerals. At present price, it is a DISCOUNT to the potential of AMAL. Do the math . DYODD cheers:) 2. Many advance countries are into various scheme involving Lithium, i.e. Electric Vehicle, Renewable Energy. Energy Storage is set to boom (see para 8) 3. China is buying mines with Lithium in South America. When China get involves, their appetite is huge. They are either in partnership or holding a substantial share in some Australia miners. They are reaching into South America quietly for more lithium. The race is on for more Lithium. The downside is that Argentina will deregulate and encourage more Lithium mining and to expect big supply from them by 2020 onwards. Nevertheless by the time Argentina come on stream the demand in the most advance countries in the world will outstrip their supply. Goldman Sachs predicted that Lithium demand will increase 3 times by 2020.  Korean steel-maker Posco started commercial production of lithium carbonate in Gwangyang last week, with a 2,500tpy capacity plant aiming to supply domestic battery material manufacturers, including Posco&rsquo s subsidiary Posco ESM. PosLX, as the plant is known, uses a proprietary extraction technology developed by Posco. Feedstock for PosLX is lithium phosphate 4. Tencent (China) just bought 5% of Telsa. Tesla is into EV, Energy Storage and ' Gigafactory" (USD$5b) producing Lithium ion batteries for various usage. China is wining the race with Tesla on ' Gigafactory' , they had more. Another Gigafactory (USD$1b) is planned at Nevada by other investors. AES Corp and Altagas Ltd are the two other companies creating battery plant in California. Altagas plant was activated in Jan 27th this year. AES Corp has another battery in Arizona scheduled to go on line within the next several months as well as a project internationally in India. Ex Tesla executives are planning for more In Europe. One future production site will need an investment of USD$4.225 over a period of six year. NorthVolt (Sweden) plans construction in 2H2018 and production by end 2020. Tesla and China are in a scramble to get more Lithium supplies for their factories. 5. 30 Cities in America wants green vehicle for their public services and talking to car markets. They are (Democrats of course) into climate protection and likely some form of legislation to reduce the number of diesel fuel vehicle. Climate change is real. Electric car sales grew at an annualized rate of 60% last year. Moreover, Tesla predicts that its sales will grow by the same number through 2020. 6. Galaxy and other Aussies lithium miner actually hit 1000% in July 2016 (for last year) but had retraced back. I read this from MOTLEY FOOL AU. AMAL when compared to them is a laggard. Amal is just starting. 7. China slated to spend USD$360 billions on Renewable Energy And Clean Energy. Europe Renewable Energy Directive will also spurred more demands of EV. 8. Energy Storage is set to boom in 2017. The problems with today' s power grid isn' t the lack of electricity but rather the lack of it at certain times. The United States has progressively moved towards adding renewable energy to the grid but solar and wind power are rather intermittent. Worst of all, some of these power is completed wasted because their grid is unable to store it properly. Tesla and other companies has begun to solve this pressing issue.
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risktaker Supreme	30-Mar-2017 12:30        risktaker About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Posts are opinions. Do not take it as investment advise "
x 0   x 0  Alert Admin	Below Taken from investnote just sharing 1. Waiting for the offtake agreement in Apr/May AMAL aim to produce 129,000 coarse material in the first year, with additional 59,000 of fine material the following year. This is according to the spectacularly better-than-expected large-scale metallurgical test work," says Mr Pramoko. Galaxy Resources secured offtake agreement of USD950mt for spodumene concentrate. Galaxy lithium grade is 5%+ whilst AMAL is 6%+ premium grade. 129000x950=USD122.55m, not including the main Tantalum product and 59000 tons of fine product and other minerals. At present price, it is a DISCOUNT to the potential of AMAL. Do the math . DYODD cheers:) 2. Many advance countries are into various scheme involving Lithium, i.e. Electric Vehicle, Renewable Energy. Energy Storage is set to boom (see para 8) 3. China is buying mines with Lithium in South America. When China get involves, their appetite is huge. They are either in partnership or holding a substantial share in some Australia miners. They are reaching into South America quietly for more lithium. The race is on for more Lithium. The downside is that Argentina will deregulate and encourage more Lithium mining and to expect big supply from them by 2020 onwards. Nevertheless by the time Argentina come on stream the demand in the most advance countries in the world will outstrip their supply. Goldman Sachs predicted that Lithium demand will increase 3 times by 2020.  Korean steel-maker Posco started commercial production of lithium carbonate in Gwangyang last week, with a 2,500tpy capacity plant aiming to supply domestic battery material manufacturers, including Posco&rsquo s subsidiary Posco ESM. PosLX, as the plant is known, uses a proprietary extraction technology developed by Posco. Feedstock for PosLX is lithium phosphate 4. Tencent (China) just bought 5% of Telsa. Tesla is into EV, Energy Storage and ' Gigafactory" (USD$5b) producing Lithium ion batteries for various usage. China is wining the race with Tesla on ' Gigafactory' , they had more. Another Gigafactory (USD$1b) is planned at Nevada by other investors. AES Corp and Altagas Ltd are the two other companies creating battery plant in California. Altagas plant was activated in Jan 27th this year. AES Corp has another battery in Arizona scheduled to go on line within the next several months as well as a project internationally in India. Ex Tesla executives are planning for more In Europe. One future production site will need an investment of USD$4.225 over a period of six year. NorthVolt (Sweden) plans construction in 2H2018 and production by end 2020. Tesla and China are in a scramble to get more Lithium supplies for their factories. 5. 30 Cities in America wants green vehicle for their public services and talking to car markets. They are (Democrats of course) into climate protection and likely some form of legislation to reduce the number of diesel fuel vehicle. Climate change is real. Electric car sales grew at an annualized rate of 60% last year. Moreover, Tesla predicts that its sales will grow by the same number through 2020. 6. Galaxy and other Aussies lithium miner actually hit 1000% in July 2016 (for last year) but had retraced back. I read this from MOTLEY FOOL AU. AMAL when compared to them is a laggard. Amal is just starting. 7. China slated to spend USD$360 billions on Renewable Energy And Clean Energy. Europe Renewable Energy Directive will also spurred more demands of EV. 8. Energy Storage is set to boom in 2017. The problems with today' s power grid isn' t the lack of electricity but rather the lack of it at certain times. The United States has progressively moved towards adding renewable energy to the grid but solar and wind power are rather intermittent. Worst of all, some of these power is completed wasted because their grid is unable to store it properly. Tesla and other companies has begun to solve this pressing issue.
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stlimst Master	30-Mar-2017 12:26        stlimst About Contact  Quote this Post!
x 0   x 0  Alert Admin	It pains me that people are losing money on  this great potential stock. As I have said so many times before (sounding like a broken down recorder), INVEST in this if you beleive the company and all that is published. Bro Atom99 has collated and shared so much on AMA and the vast potential of this stock. If you speculate and get caught in the wrong timing...like this morning.. after some brokerage have placed restriction in this stock, then you might end up losing $$. invest within your means and at a price that you are comfortable with. The hold on and wait for the results to come up. It won' t be long now and I am expecting a good set of results going by what we have read. We already know that AMA' s cost will be low and the price for Lithium will continue to rise. The only variable is how large the  volume of Lithium reserves in the  Bald Hill. Potential off-loaders had been lined up and  negotiation is at final stage. So,  don' t speculate anymore. If you like what you hear and want to own  part of this growth  company then INVEST.   HAPPY INVESTING.
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