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alliance mineral resources move up
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RedEye1811
Master |
30-Mar-2017 12:19
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Share your view....waiting for the report before committing any further...only got a small amount vested so even if report bad sure can get some kopi money...but if ballistic then still be able to jump in after report as will not rise $1 in single go....if runs up to 60c would still take a few days so...but to me everything hinges on feasibility report..if holds up and they extracting more than 6% so premium stuff then price be good...if they can get production started will little cost and someone already signed off-take contract then off it goes...if not those things price may stall...too much risk to jump in with everything now in my humble little opinion (worth very little)...
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RedEye1811
Master |
30-Mar-2017 12:07
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Precisely how many funds be interested depends on parameters underlying the fund....if fund set up it focus only on blue chip then not be interested even if 500 mill mkt cap...and if focus is Japan then not interested...how many funds interested improve with size but how many who knows...
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timothylim890
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30-Mar-2017 11:56
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That' s only 26c away 
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risktaker
Supreme |
30-Mar-2017 11:54
Yells: "Posts are opinions. Do not take it as investment advise " |
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it need raise market cap of 300m-500m to be able to included inside mid cap index... then u have alot of funds interest... 
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Battle123
Elite |
30-Mar-2017 11:49
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Alamak can sell some to me
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WL123456
Supreme |
30-Mar-2017 11:45
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Actually , it's very near the announcement so buy in on any pullback will be good . Just not for contra . I believe this stock will eventually reach $0.50 and beyond . It will be cheap when u even consider this price . It's the only stock exposed to lithium on sgx. I m sure it will intrest a lot of funds | ||||
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RedEye1811
Master |
30-Mar-2017 11:06
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Given the run up this counter had, it not a surprise for it to take a breather which can be a natural thing in a cycle...as there is no news (to my knowledge) to have driven the counter down (e.g., announcement sales down etc) then this just perhaps a part of the trading cycle depending on which story you feel to follow...if feel this a stock that going to strike it by discovering lithium and are able to sell it at good price with low production costs and reserves of material extensive then this dip a nice break to put an explicit floor/support under it before it moves up again....how many times did Best World last year jump up big time, then pause with a drop before jumping again?...bet those that sold at first sign of a drop following jump from 40c are kicking themselves given it now $2.50.. If you believe that this counter selling nothing but hot air and you were vested then perhaps time to cut and run....if not vested and can short and think it going to retreat then great chance to short and make big profit.... So many different stories can follow.....DYODD...decide on a story and then follow it...some win some have loss...if we all won then stock investing be easy...
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timothylim890
Veteran |
30-Mar-2017 11:01
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We' re not talking about revenue the ' result' I am referring to is the feasibility study result which would include production cost estimates, reserve estimates, conditional off-take agreements, etc. Favorable results refers to 1) low production cost estimates as suggested in earlier news releases 2) confirmed reserves of high grade Li2O ores 3) off-take agreements from downstream companies which would secure revenue for AMAL once production starts. Sale of spodumene will commence in 4Q17.
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tankookoo
Master |
30-Mar-2017 10:16
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I doubt results will be good as the revenue would not be recongise in current result. No sale of the minieral yet right, still testing and digging?  
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chanbs
Elite |
30-Mar-2017 10:13
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interim resistance at 38 cts .... waiting for reinforcements to build up at 37.5 cts   |
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KopRed75
Veteran |
30-Mar-2017 10:11
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I guess there is always a stubborn streak in some investors that they will eventually get it right one day, be it the longists or shortists.
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timothylim890
Veteran |
30-Mar-2017 10:04
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Price recovering. Shortists pants on fire now? I don' t see how shortists have the guts to short AMA so close to the results release.
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KopRed75
Veteran |
30-Mar-2017 09:50
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For longists who are in for the long haul, just sit back, relax and wait to see some fireworks later. There are some shortists who seem to enjoy the daily roasting.
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Atom99
Master |
30-Mar-2017 09:38
Yells: "Once you hv eliminated the impossible,whatever remains TRUTH" |
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For me, I wait for their resource estimate report and off- take contract signed.I am sure it shares will go ballistic when all the cards are in place.just as I am sure the sun will rise from the East and sets in the West.DYODD.
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timothylim890
Veteran |
30-Mar-2017 09:14
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Agreed. Looking forward to see shortists get burned big time today.
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Wind22i
Supreme |
30-Mar-2017 09:03
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Da yi ma blood finally came for this | ||||
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KopRed75
Veteran |
30-Mar-2017 09:02
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Shortists start work early today. Hope they get burnt big time.
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chanbs
Elite |
30-Mar-2017 09:00
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it always does .... F E A R .....
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RedEye1811
Master |
30-Mar-2017 08:59
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If believe in long term story is good then a drop back nothing to worry about as it really likely extended itself too far, so perhaps chance to pick up more on a correct...but if do not believe in long term story do not get caught catching a falling knife...definitely overboard so due a fall back...how far and whether then press higher the question for people to answer themselves I suppose... |
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halleluyah
Supreme |
30-Mar-2017 08:59
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Bbs might run rd after running so much |
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