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Likely Alliance has to prepare another report to comply with catalist ruling. So the format will be different from Tawana. So let Tawana release first using their format.
As this is a resource upgrade and not reserve upgrade. I'm quite sure it won't hit more than 3 days halt. Just need some time to conform to the format.
amlithiumpower ( Date: 11-Oct-2017 09:30) Posted:
Just realised AM corporate logo is missing at the usual top right corner of the announcement.
Any reason for that? To avoid the delay of sponsor vetting so Tawana can release first?
Or yesterday AM received a copy of it and they need sponsor to vet and hence halt again and Tawana have to release themselves first to account for their sudden SP up if not they kena speeding ticket from ASX.
Not significant but just puzzled on their arrangement.
furnaces ( Date: 11-Oct-2017 09:09) Posted:
| I also think this will be released before the end of 3 days halt. Just when? Not as complex so likely won't go into suspension mode |
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IMO it can be attributed to the Catalist regulations governing mining interests and update on resources/reserves as per the previous resource announcement. I apologize but cannot recall precise regulation at moment. However, if memory serves me right then need independent verification. TAW not subject to these regulations so can announce straight away. So they highly likely disclosed it but to avoid putting AMAL in a hole disclose individually. AMAL will need comply SGX listing regulations on Catalist firms relative to mining before can announce.
amlithiumpower ( Date: 11-Oct-2017 09:30) Posted:
Just realised AM corporate logo is missing at the usual top right corner of the announcement.
Any reason for that? To avoid the delay of sponsor vetting so Tawana can release first?
Or yesterday AM received a copy of it and they need sponsor to vet and hence halt again and Tawana have to release themselves first to account for their sudden SP up if not they kena speeding ticket from ASX.
Not significant but just puzzled on their arrangement.
furnaces ( Date: 11-Oct-2017 09:09) Posted:
| I also think this will be released before the end of 3 days halt. Just when? Not as complex so likely won't go into suspension mode |
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Just realised AM corporate logo is missing at the usual top right corner of the announcement.
Any reason for that? To avoid the delay of sponsor vetting so Tawana can release first?
Or yesterday AM received a copy of it and they need sponsor to vet and hence halt again and Tawana have to release themselves first to account for their sudden SP up if not they kena speeding ticket from ASX.
Not significant but just puzzled on their arrangement.
furnaces ( Date: 11-Oct-2017 09:09) Posted:
I also think this will be released before the end of 3 days halt. Just when? Not as complex so likely won't go into suspension mode.
Alvin2042 ( Date: 11-Oct-2017 08:36) Posted:
I think the TH will not be too long as I remember they mentioned that reserve upgrade of less than 100% will not need to go through the previous procedure of getting approval for release.
Anyway, there will be another upgrade before year end as indicated by mark |
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What ever happen to the original thread, was too busy yesterday to notice. I think we can all just stick to this thread. So it won't be confusing running 2 threads.
RedEye1811 ( Date: 11-Oct-2017 07:11) Posted:
Two threads running. Will put in both and let audience decide which thread runs.
Not certain which thread going to run, but go here.
Great news in it. Great points.
furnaces ( Date: 11-Oct-2017 07:02) Posted:
Resource update is here.
Lithium resource 18.9MT. Means unofficially the minelife can be increased to 15 years. Only a matter of turning it to indicated.
Officially the mine life has been doubled to 7 years. Another reserve upgrade coming at the end of the year. |
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Looks like chance is over after the sell on news. Tawana green again, going to test new high soon.
risktaker ( Date: 11-Oct-2017 08:42) Posted:
| Big boys over tawana like giving chance for people to load... |
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It' s a waste that AMAL is stil halted when there' s a big potential for SP to move upwards
I also think this will be released before the end of 3 days halt. Just when? Not as complex so likely won't go into suspension mode.
Alvin2042 ( Date: 11-Oct-2017 08:36) Posted:
I think the TH will not be too long as I remember they mentioned that reserve upgrade of less than 100% will not need to go through the previous procedure of getting approval for release.
Anyway, there will be another upgrade before year end as indicated by mark.
Atom99 ( Date: 11-Oct-2017 08:29) Posted:
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Big boys over tawana like giving chance for people to load...
I think the TH will not be too long as I remember they mentioned that reserve upgrade of less than 100% will not need to go through the previous procedure of getting approval for release.
Anyway, there will be another upgrade before year end as indicated by mark.
Atom99 ( Date: 11-Oct-2017 08:29) Posted:
Sure.
RedEye1811 ( Date: 11-Oct-2017 08:25) Posted:
| Perhaps we can work on that AMAL idea you noted at the AGM so old timers can share information without getting stuck in SJ issues. But till then I will go with the majority. Happy either way. See point both side being made |
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Cant attend agm ...going overseas
RedEye1811 ( Date: 11-Oct-2017 08:25) Posted:
Perhaps we can work on that AMAL idea you noted at the AGM so old timers can share information without getting stuck in SJ issues. But till then I will go with the majority. Happy either way. See point both side being made.
Atom99 ( Date: 11-Oct-2017 08:08) Posted:
Bro
I will use this thread becos it adeptly describe " AMAL ...Next Lap" The other thread " ...$1.38" quite sensitive becos after " Kana" complain ...mislead people just like CEO says " AMAL is worth $1" .
IMO.
AMAL Resource and upgrade announced this morning.
Resource
Category |
Tonnes
( Mt) |
Grade
Li20
% |
Contained
LizO
Tonnes |
Grade
Ta205
ppm |
Contained
Ta20s
(,000) Lbs |
| Indicated |
8.0 |
1.18 |
95,000 |
190 |
2,800 |
| Inferred |
|
10.9 |
1.18 |
128,300 |
|
2,300 |
| Total |
18.9 |
1.18 |
223,300 |
149 |
5,100 |
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Sure.
RedEye1811 ( Date: 11-Oct-2017 08:25) Posted:
Perhaps we can work on that AMAL idea you noted at the AGM so old timers can share information without getting stuck in SJ issues. But till then I will go with the majority. Happy either way. See point both side being made.
Atom99 ( Date: 11-Oct-2017 08:08) Posted:
Bro
I will use this thread becos it adeptly describe " AMAL ...Next Lap" The other thread " ...$1.38" quite sensitive becos after " Kana" complain ...mislead people just like CEO says " AMAL is worth $1" .
IMO.
AMAL Resource and upgrade announced this morning.
Resource
Category |
Tonnes
( Mt) |
Grade
Li20
% |
Contained
LizO
Tonnes |
Grade
Ta205
ppm |
Contained
Ta20s
(,000) Lbs |
| Indicated |
8.0 |
1.18 |
95,000 |
190 |
2,800 |
| Inferred |
|
10.9 |
1.18 |
128,300 |
|
2,300 |
| Total |
18.9 |
1.18 |
223,300 |
149 |
5,100 |
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|
Perhaps we can work on that AMAL idea you noted at the AGM so old timers can share information without getting stuck in SJ issues. But till then I will go with the majority. Happy either way. See point both side being made.
Atom99 ( Date: 11-Oct-2017 08:08) Posted:
Bro
I will use this thread becos it adeptly describe " AMAL ...Next Lap" The other thread " ...$1.38" quite sensitive becos after " Kana" complain ...mislead people just like CEO says " AMAL is worth $1" .
IMO.
AMAL Resource and upgrade announced this morning.
Resource
Category |
Tonnes
( Mt) |
Grade
Li20
% |
Contained
LizO
Tonnes |
Grade
Ta205
ppm |
Contained
Ta20s
(,000) Lbs |
| Indicated |
8.0 |
1.18 |
95,000 |
190 |
2,800 |
| Inferred |
|
10.9 |
1.18 |
128,300 |
|
2,300 |
| Total |
18.9 |
1.18 |
223,300 |
149 |
5,100 |
RedEye1811 ( Date: 11-Oct-2017 07:57) Posted:
| Bro: As we got two threads running at moment, I also pasted your comments in the other as some of the old timers there |
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Ya better use this :)
Atom99 ( Date: 11-Oct-2017 08:08) Posted:
Bro
I will use this thread becos it adeptly describe " AMAL ...Next Lap" The other thread " ...$1.38" quite sensitive becos after " Kana" complain ...mislead people just like CEO says " AMAL is worth $1" .
IMO.
AMAL Resource and upgrade announced this morning.
Resource
Category |
Tonnes
( Mt) |
Grade
Li20
% |
Contained
LizO
Tonnes |
Grade
Ta205
ppm |
Contained
Ta20s
(,000) Lbs |
| Indicated |
8.0 |
1.18 |
95,000 |
190 |
2,800 |
| Inferred |
|
10.9 |
1.18 |
128,300 |
|
2,300 |
| Total |
18.9 |
1.18 |
223,300 |
149 |
5,100 |
RedEye1811 ( Date: 11-Oct-2017 07:57) Posted:
| Bro: As we got two threads running at moment, I also pasted your comments in the other as some of the old timers there |
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Bro
I will use this thread becos it adeptly describe " AMAL ...Next Lap" The other thread " ...$1.38" quite sensitive becos after " Kana" complain ...mislead people just like CEO says " AMAL is worth $1" .
IMO.
AMAL Resource and upgrade announced this morning.
Resource
Category |
Tonnes
( Mt) |
Grade
Li20
% |
Contained
LizO
Tonnes |
Grade
Ta205
ppm |
Contained
Ta20s
(,000) Lbs |
| Indicated |
8.0 |
1.18 |
95,000 |
190 |
2,800 |
| Inferred |
|
10.9 |
1.18 |
128,300 |
|
2,300 |
| Total |
18.9 |
1.18 |
223,300 |
149 |
5,100 |
RedEye1811 ( Date: 11-Oct-2017 07:57) Posted:
Bro: As we got two threads running at moment, I also pasted your comments in the other as some of the old timers there.
Atom99 ( Date: 11-Oct-2017 07:50) Posted:
Compare AMAL with Galaxy Resource:
Galaxy Resources @ Mt Cattlin
Resource and production Capacity
Measured : 2.54Mt (Li2O: 1.2 percent)
Indicated : 9.534 Mt ( Li2O:1.06 percent)
Inferred : 4.343 Mt ( Li2O : 1.07 percent)
Total: 16.416Mt ( Li2O : 1.08 percent)
Production Capacity : 1.6 Mtpa.
Any comments...just shoot.
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Ya... 2 threads running might miss out info here and there. I like the other forum title. Ha... why not we decide which one to follow? I choose the other one cos initially I saw some emotions runaway here and I think that thread more constructive. Ha... any suggestions?
timothylim890 ( Date: 11-Oct-2017 08:04) Posted:
Thanks for sharing.
We all saw the resource upgrade coming...2018 will see further upgrades and also conversion of indicated resource to measured. On track.
RedEye1811 ( Date: 11-Oct-2017 07:57) Posted:
| Bro: As we got two threads running at moment, I also pasted your comments in the other as some of the old timers there |
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Thanks for sharing.
We all saw the resource upgrade coming...2018 will see further upgrades and also conversion of indicated resource to measured. On track.
RedEye1811 ( Date: 11-Oct-2017 07:57) Posted:
Bro: As we got two threads running at moment, I also pasted your comments in the other as some of the old timers there.
Atom99 ( Date: 11-Oct-2017 07:50) Posted:
Compare AMAL with Galaxy Resource:
Galaxy Resources @ Mt Cattlin
Resource and production Capacity
Measured : 2.54Mt (Li2O: 1.2 percent)
Indicated : 9.534 Mt ( Li2O:1.06 percent)
Inferred : 4.343 Mt ( Li2O : 1.07 percent)
Total: 16.416Mt ( Li2O : 1.08 percent)
Production Capacity : 1.6 Mtpa.
Any comments...just shoot.
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Bro: As we got two threads running at moment, I also pasted your comments in the other as some of the old timers there.
Atom99 ( Date: 11-Oct-2017 07:50) Posted:
Compare AMAL with Galaxy Resource:
Galaxy Resources @ Mt Cattlin
Resource and production Capacity
Measured : 2.54Mt (Li2O: 1.2 percent)
Indicated : 9.534 Mt ( Li2O:1.06 percent)
Inferred : 4.343 Mt ( Li2O : 1.07 percent)
Total: 16.416Mt ( Li2O : 1.08 percent)
Production Capacity : 1.6 Mtpa.
Any comments...just shoot.
RedEye1811 ( Date: 11-Oct-2017 07:12) Posted:
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Compare AMAL with Galaxy Resource:
Galaxy Resources @ Mt Cattlin
Resource and production Capacity
Measured : 2.54Mt (Li2O: 1.2 percent)
Indicated : 9.534 Mt ( Li2O:1.06 percent)
Inferred : 4.343 Mt ( Li2O : 1.07 percent)
Total: 16.416Mt ( Li2O : 1.08 percent)
Production Capacity : 1.6 Mtpa.
Any comments...just shoot.
RedEye1811 ( Date: 11-Oct-2017 07:12) Posted:
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Sorry. Link is:
http://www.asx.com.au/asxpdf/20171011/pdf/43n3y0mmz0mh0p.pdfRedEye1811 ( Date: 11-Oct-2017 07:11) Posted:
Two threads running. Will put in both and let audience decide which thread runs.
Not certain which thread going to run, but go here.
Great news in it. Great points.
furnaces ( Date: 11-Oct-2017 07:02) Posted:
Resource update is here.
Lithium resource 18.9MT. Means unofficially the minelife can be increased to 15 years. Only a matter of turning it to indicated.
Officially the mine life has been doubled to 7 years. Another reserve upgrade coming at the end of the year. |
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Two threads running. Will put in both and let audience decide which thread runs.
Not certain which thread going to run, but go here.
Great news in it. Great points.furnaces ( Date: 11-Oct-2017 07:02) Posted:
Resource update is here.
Lithium resource 18.9MT. Means unofficially the minelife can be increased to 15 years. Only a matter of turning it to indicated.
Officially the mine life has been doubled to 7 years. Another reserve upgrade coming at the end of the year. |
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