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andychew.eh Senior	27-Sep-2017 13:33        andychew.eh About Contact  Quote this Post!
x 0   x 0  Alert Admin	I may switch to long. But j musg understand the whole picture 1st. The contract of lithium to China or HK buyer , who the name ? Burwil ? hatetrollers      ( Date: 27-Sep-2017 13:30) Posted: Hope you may cover EOD at 29c after your research through  questionnaires in this forum.   andychew.eh      ( Date: 27-Sep-2017 13:07) Posted: I just short AM at 28.5 cts. Trading mode.
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hatetrollers Member	27-Sep-2017 13:30        hatetrollers About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hope you may cover EOD at 29c after your research through  questionnaires in this forum.   andychew.eh      ( Date: 27-Sep-2017 13:07) Posted: I just short AM at 28.5 cts. Trading mode.
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andychew.eh Senior	27-Sep-2017 13:25        andychew.eh About Contact  Quote this Post!
x 0   x 0  Alert Admin	So if CEO place out his shares to Burwil at 50 cts, say 40 mil shares, CEO no need pay Lim money ? RedEye1811      ( Date: 27-Sep-2017 13:18) Posted: Refer to the announcements and Edge articles regarding the dispute between JL and CEO for full info. In short, CEO must pay difference between 50c and 1 week weighted average as at 24 Oct on 46 million shares (hope got correct number). If for example 30c is weighted average then CEO must pay JL 20c per share (for the 46 mil). If weighted average above 50c then pay nothing. andychew.eh      ( Date: 27-Sep-2017 13:06) Posted: Can someone explain to me quick, why Oct 24 must have 1 week weighted average price of 50 cts per share ?
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andychew.eh Senior	27-Sep-2017 13:21        andychew.eh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Questions 1. Who CEO ? Lim ? 2. How many % stake CEO has in AM ? Thks. RedEye1811      ( Date: 27-Sep-2017 13:18) Posted: Refer to the announcements and Edge articles regarding the dispute between JL and CEO for full info. In short, CEO must pay difference between 50c and 1 week weighted average as at 24 Oct on 46 million shares (hope got correct number). If for example 30c is weighted average then CEO must pay JL 20c per share (for the 46 mil). If weighted average above 50c then pay nothing. andychew.eh      ( Date: 27-Sep-2017 13:06) Posted: Can someone explain to me quick, why Oct 24 must have 1 week weighted average price of 50 cts per share ?
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andychew.eh Senior	27-Sep-2017 13:19        andychew.eh About Contact  Quote this Post!
x 0   x 0  Alert Admin	I just begin to study this stock. Can explain ? What is Burwil AM Tawana links like ? Who AM sell to ? Steady28      ( Date: 27-Sep-2017 13:16) Posted: bro, just google. when you research yourself, you internalise better. cheers.  andychew.eh      ( Date: 27-Sep-2017 13:06) Posted: Can someone explain to me quick, why Oct 24 must have 1 week weighted average price of 50 cts per share ?
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RedEye1811 Master	27-Sep-2017 13:18        RedEye1811 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Refer to the announcements and Edge articles regarding the dispute between JL and CEO for full info. In short, CEO must pay difference between 50c and 1 week weighted average as at 24 Oct on 46 million shares (hope got correct number). If for example 30c is weighted average then CEO must pay JL 20c per share (for the 46 mil). If weighted average above 50c then pay nothing. andychew.eh      ( Date: 27-Sep-2017 13:06) Posted: Can someone explain to me quick, why Oct 24 must have 1 week weighted average price of 50 cts per share ?
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Steady28 Senior	27-Sep-2017 13:16        Steady28 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "huat ah"
x 0   x 0  Alert Admin	bro, just google. when you research yourself, you internalise better. cheers.  andychew.eh      ( Date: 27-Sep-2017 13:06) Posted: Can someone explain to me quick, why Oct 24 must have 1 week weighted average price of 50 cts per share ?
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andychew.eh Senior	27-Sep-2017 13:15        andychew.eh About Contact  Quote this Post!
x 0   x 0  Alert Admin	I read but i dont quite understand. If no 50 cts, pay how much difference in money ? Can explain ? Thks. risktaker      ( Date: 27-Sep-2017 13:13) Posted: u need to see doctor? go short tawana la andychew.eh      ( Date: 27-Sep-2017 13:07) Posted: I just short AM at 28.5 cts. Trading mode.
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risktaker Supreme	27-Sep-2017 13:13        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	u need to see doctor? go short tawana la andychew.eh      ( Date: 27-Sep-2017 13:07) Posted: I just short AM at 28.5 cts. Trading mode.
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andychew.eh Senior	27-Sep-2017 13:07        andychew.eh About Contact  Quote this Post!
x 0   x 0  Alert Admin	I just short AM at 28.5 cts. Trading mode.
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andychew.eh Senior	27-Sep-2017 13:06        andychew.eh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can someone explain to me quick, why Oct 24 must have 1 week weighted average price of 50 cts per share ?
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RedEye1811 Master	27-Sep-2017 12:26        RedEye1811 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Whenever tax regulations changed it can naturally cause businesses to get jumpy, so even though TAW/AMAL may not be directly impacted there can be some negative spillover (e.g., second thoughts on investment if they think they may be future target). But for TAW/AMAL I think it very minimal given focus of tax changes was on gold producers, and large miners. Being in lithium and small TAW/AMAL out of firing line. IMO. timothylim890      ( Date: 27-Sep-2017 12:18) Posted: Thanks bro RedEye. Much better to see opinions backed up by facts rather than vague statements. RedEye1811      ( Date: 27-Sep-2017 12:09) Posted: The tax changes in WA were of two types. One was payroll and one was gold royalties. For the payroll, businesses with a national payroll of more than $1.5 billion face tax rise on payroll from 5.5% to 6.5% whilst for businesses with a tax payroll of between $100 million and $1.5 billion rise from 5.5% to 6%. As for the gold royalty jumping from 2.5% to 3.75%, this applies to gold miners. In case of lithium miners the gold royalty tax hike not relevant, whilst for payroll only going to be of relevance if national payroll above $100 million. For AMAL/TAW do not think either tax hike relevant for a while. Hope that clarifies
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Steady28 Senior	27-Sep-2017 12:26        Steady28 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "huat ah"
x 0   x 0  Alert Admin	nice buy up of 1882 lots at 0.28. brew more
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timothylim890 Veteran	27-Sep-2017 12:18        timothylim890 About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Thanks bro RedEye. Much better to see opinions backed up by facts rather than vague statements. RedEye1811      ( Date: 27-Sep-2017 12:09) Posted: The tax changes in WA were of two types. One was payroll and one was gold royalties. For the payroll, businesses with a national payroll of more than $1.5 billion face tax rise on payroll from 5.5% to 6.5% whilst for businesses with a tax payroll of between $100 million and $1.5 billion rise from 5.5% to 6%. As for the gold royalty jumping from 2.5% to 3.75%, this applies to gold miners. In case of lithium miners the gold royalty tax hike not relevant, whilst for payroll only going to be of relevance if national payroll above $100 million. For AMAL/TAW do not think either tax hike relevant for a while. Hope that clarifies. timothylim890      ( Date: 27-Sep-2017 11:35) Posted: Interesting information. Care to share some links regarding this tax and how it affects lithium miners specifically
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RedEye1811 Master	27-Sep-2017 12:09        RedEye1811 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	The tax changes in WA were of two types. One was payroll and one was gold royalties. For the payroll, businesses with a national payroll of more than $1.5 billion face tax rise on payroll from 5.5% to 6.5% whilst for businesses with a tax payroll of between $100 million and $1.5 billion rise from 5.5% to 6%. As for the gold royalty jumping from 2.5% to 3.75%, this applies to gold miners. In case of lithium miners the gold royalty tax hike not relevant, whilst for payroll only going to be of relevance if national payroll above $100 million. For AMAL/TAW do not think either tax hike relevant for a while. Hope that clarifies. timothylim890      ( Date: 27-Sep-2017 11:35) Posted: Interesting information. Care to share some links regarding this tax and how it affects lithium miners specifically? andychew.eh      ( Date: 27-Sep-2017 11:26) Posted: A lot dont ubderstand Australian business culture. Auatralia budget depends on a few sectors only. Miners to be hit by Western Australian tax slug ( Sep 2017 ) They will tax more on mining soon to support their govt budget.
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timothylim890 Veteran	27-Sep-2017 11:50        timothylim890 About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Fair point. Still, links to articles about the tax hike would be useful. Care to provide? andychew.eh      ( Date: 27-Sep-2017 11:42) Posted: Tax hike on mining sector affects ALL MINING companies . Mining is very pollutive . Ausyralian Govt hates it but no choice. Cos they need mining money. Thus they try to tax more on mining. timothylim890      ( Date: 27-Sep-2017 11:35) Posted: Interesting information. Care to share some links regarding this tax and how it affects lithium miners specifically
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risktaker Supreme	27-Sep-2017 11:45        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	naaaaaaa.... u guys think too much.... its just BB want to push or not... strong or weak.... just dont touch asx share .... market too small, their BB dont push it wont move n too much lithium stocks... sheerluck      ( Date: 27-Sep-2017 11:38) Posted: Perhaps is TAW price been more sensible while AMAL' s price is the one going amok? risktaker      ( Date: 27-Sep-2017 10:50) Posted: no no my friend actually short Tawana.. lol really weak.
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andychew.eh Senior	27-Sep-2017 11:42        andychew.eh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tax hike on mining sector affects ALL MINING companies . Mining is very pollutive . Ausyralian Govt hates it but no choice. Cos they need mining money. Thus they try to tax more on mining. timothylim890      ( Date: 27-Sep-2017 11:35) Posted: Interesting information. Care to share some links regarding this tax and how it affects lithium miners specifically? andychew.eh      ( Date: 27-Sep-2017 11:26) Posted: A lot dont ubderstand Australian business culture. Auatralia budget depends on a few sectors only. Miners to be hit by Western Australian tax slug ( Sep 2017 ) They will tax more on mining soon to support their govt budget.
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sheerluck Supreme	27-Sep-2017 11:38        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	Perhaps is TAW price been more sensible while AMAL' s price is the one going amok? risktaker      ( Date: 27-Sep-2017 10:50) Posted: no no my friend actually short Tawana.. lol really weak.. sheerluck      ( Date: 27-Sep-2017 10:48) Posted: Funny that people here think Australian investors are more sensibe than SG investors but laugh at them for TAW weaker price. AMAl is now running ahead of TAW again.  Not like it never happen before but AMAL' s price  is more volatile than TAW' s. Still no news of Burwill final payment to AMAL? Another month to 24 Oct.  Will have show
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timothylim890 Veteran	27-Sep-2017 11:35        timothylim890 About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Interesting information. Care to share some links regarding this tax and how it affects lithium miners specifically? andychew.eh      ( Date: 27-Sep-2017 11:26) Posted: A lot dont ubderstand Australian business culture. Auatralia budget depends on a few sectors only. Miners to be hit by Western Australian tax slug ( Sep 2017 ) They will tax more on mining soon to support their govt budget.
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