First question is true, which is excellent.  Very lean operations while bringing in close to 100m of revenue per year. FY2018 has very short runway since the starting up cost are high. Come FY2019 you will reap the highest benefit with large revenue and low cost.
most of the mining work will be subcontracted.
AMAL and TAW will just project managed. 
most of the mining work will be subcontracted.
AMAL and TAW will just project managed. 
Alvin2042 ( Date: 07-Oct-2017 04:22) Posted:
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2nd question I can answer. FY18 is for up to 30th June 2018. Of course Amal will still lose money when delivery only start in Apr 2018.
sheerluck ( Date: 06-Oct-2017 23:33) Posted:
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It is interesting how things turn out.
Before TH, I shorted at 28.5 cts.
After TH, today I longed at 28.5 cts (bought a bit lah)
The Goldfields Region in Australia is famous for rich tantalum and lithium deposits. Especially so at the Widgiemooltha and Coolgardie Regions.
E.g. Mount Marion Lithium Mine
I have been thinking , why Burwill stock up more than +20% after TH news. I think now I understand. It has secured not only 5 + 5 years lithium rights, it also secured a significant stake in AMAL It is now a " one dragon long one stop service full supply chain provider"
Lithium Mines upstream ---to Lithium Processing Factory (JV with Jiangte) --'to ready demand ready buyer from Jiangte Car Electric and Jiangte Lithium Battery.
But of all these, what is the most significant contributor for its stock to rise so much ?
My guess is : the stake in AMAL
You see. AMAL holds to the rights to thd Bald Hill Project. It covers 59 000 ha , or 590 sq km (about the size of Singapore)
I think AMAL have nof revealed its Ace Card . What is the Ace Card ?
My guess is more or less they may have found high lithium deposits not just in 1 or 2 sites, but could be 3, 4, 5 rich lithium deposits sites.
Remember, the Bald Hill covers 590 sq km . Recently, one mining company paid about $ 290 mil for the mining rights to a project that covers only 1/6 of the area of the Bald Hill project, that is about 95 sq km.
Hence, the rise in Burwill stock price as they are buying into AMAL with more lithium deposits than they think of.
Remember that region is rich in both tantalum and lithium deposits. So 590 sq km I think there may be more good news coming up with more deposits sites being explored and found.
Or , they may have even discovered them already and preparing for the right timings to disclose them .
Before TH, I shorted at 28.5 cts.
After TH, today I longed at 28.5 cts (bought a bit lah)
The Goldfields Region in Australia is famous for rich tantalum and lithium deposits. Especially so at the Widgiemooltha and Coolgardie Regions.
E.g. Mount Marion Lithium Mine
I have been thinking , why Burwill stock up more than +20% after TH news. I think now I understand. It has secured not only 5 + 5 years lithium rights, it also secured a significant stake in AMAL It is now a " one dragon long one stop service full supply chain provider"
Lithium Mines upstream ---to Lithium Processing Factory (JV with Jiangte) --'to ready demand ready buyer from Jiangte Car Electric and Jiangte Lithium Battery.
But of all these, what is the most significant contributor for its stock to rise so much ?
My guess is : the stake in AMAL
You see. AMAL holds to the rights to thd Bald Hill Project. It covers 59 000 ha , or 590 sq km (about the size of Singapore)
I think AMAL have nof revealed its Ace Card . What is the Ace Card ?
My guess is more or less they may have found high lithium deposits not just in 1 or 2 sites, but could be 3, 4, 5 rich lithium deposits sites.
Remember, the Bald Hill covers 590 sq km . Recently, one mining company paid about $ 290 mil for the mining rights to a project that covers only 1/6 of the area of the Bald Hill project, that is about 95 sq km.
Hence, the rise in Burwill stock price as they are buying into AMAL with more lithium deposits than they think of.
Remember that region is rich in both tantalum and lithium deposits. So 590 sq km I think there may be more good news coming up with more deposits sites being explored and found.
Or , they may have even discovered them already and preparing for the right timings to disclose them .
Seems like the turn out will be good.  Can ask the followings:
1. The whole compamny only got 4 employees?  True?  (AR pg 56)
2. The company expect loss for FY18.  Why? (AR pg 58)
 
1. The whole compamny only got 4 employees?  True?  (AR pg 56)
2. The company expect loss for FY18.  Why? (AR pg 58)
 
We are Investors not Traders. I will be there too.
luanboo ( Date: 06-Oct-2017 19:39) Posted:
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This one good buy? Dun know what to buy now after drum Sino G.
Many in this forum pretend to be newbies. Dont piti them. Good luck 
Alvin2042 ( Date: 06-Oct-2017 20:02) Posted:
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Oso wrong. Haizz. Better go jump. Hiak hiak hiak   Good luck
andychew.eh ( Date: 06-Oct-2017 16:38) Posted:
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Ur lao Jiao in sino G
Superkilat ( Date: 06-Oct-2017 19:55) Posted:
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I am new here. Why it drop from 30.5 cents. Is it still a good buy now?
look for the man with the super chiobu ok :)
RedEye1811 ( Date: 06-Oct-2017 19:15) Posted:
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I'll đ efinitely be there
RedEye1811 ( Date: 06-Oct-2017 19:15) Posted:
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I will be at AGM.
twinpower ( Date: 06-Oct-2017 18:42) Posted:
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Will be there as well. Hoping to get some clarity on the cashflow position of the company going forward. While it is overall positive for a company of Burwill's profile to take a stake in Amal, my only concern is Amal becomes overly reliant on Burwill for cashflow, and In terms of liquidity, Burwill is not in the pinkiest of health themselves. Cheers!
Steady28 ( Date: 06-Oct-2017 08:18) Posted:
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Just look at Burwill stock price and you can believe .
Vol : 91 mil shares
Value : HKD 30 mil
Up + 11.29 %
AM will up like Burwill. But dont know when.
Vol : 91 mil shares
Value : HKD 30 mil
Up + 11.29 %
AM will up like Burwill. But dont know when.
bernardc ( Date: 06-Oct-2017 17:01) Posted:
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with the dead line on 24 oct.. ceo says price must be 50 cts ..or else he pays penalty topping up to 50 cts..if price falls below it.. to JL..
SO ON 17 COCT ..THE  price trend could be clearer..either up or down..
JL wants it to go down..while he collects more at lower prices..i think..
while ceo wants to see it go up..to prevent top up to JL..
or JL N CEO JOIN HANDS N PUSH UP PRICE TO THE SKY..HHAHAH
u decide  then..in the mean time the price i think will be very volatile..
SO ON 17 COCT ..THE  price trend could be clearer..either up or down..
JL wants it to go down..while he collects more at lower prices..i think..
while ceo wants to see it go up..to prevent top up to JL..
or JL N CEO JOIN HANDS N PUSH UP PRICE TO THE SKY..HHAHAH
u decide  then..in the mean time the price i think will be very volatile..
bernardc ( Date: 06-Oct-2017 17:01) Posted:
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how to believe??
instead of providing good infor/help novice to make money..
they lost by your double dealings....oh dear...u cant do this n expect peolple to beilieve u mah..
instead of providing good infor/help novice to make money..
they lost by your double dealings....oh dear...u cant do this n expect peolple to beilieve u mah..
andychew.eh ( Date: 06-Oct-2017 16:58) Posted:
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Now nobody believe my words .
andychew.eh ( Date: 06-Oct-2017 16:57) Posted:
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After TH,
Burwill : up more than +25%
Tawana up more than +12 %
So AM next week can see : 33 to 36 cts.
After TH, AM no up yet.
Burwill : up more than +25%
Tawana up more than +12 %
So AM next week can see : 33 to 36 cts.
After TH, AM no up yet.
I forecast today :
Closing 0.30 / 0.305
Closing 0.30 / 0.305