This counter is under the Catalist board. As such, announcements have to go thru&rsquo a sponsor. Typically takes a few days for the entire process, more if the announcement is lengthy and comprehensive. Counters that halted for more than 3 trading days would be mandatory suspended. So, I Guess the management require more than 3 days, that could probably be the reason why they opted for a suspension. I think, probably a week, perhaps?
 
 
ysh2006 ( Date: 06-Mar-2018 08:45) Posted:
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Bad news will be fast like Midas. Previous Amal bad news on lapse in corporate governance drew only TH
ysh2006 ( Date: 06-Mar-2018 08:45) Posted:
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There are few guesses
1) resource upgrade exceeded 50% and it require 3rd party to verify it...if i got the percentage correctly..but Tawana should annc without any issue... so its a half half guess
2) could alliance sign a down stream deal with burwil? Possible..and likely
3) any dead skeleton in the closet? Hmm unlikely as CEO should have come clean by now.
Add on if u have more ideas
1) resource upgrade exceeded 50% and it require 3rd party to verify it...if i got the percentage correctly..but Tawana should annc without any issue... so its a half half guess
2) could alliance sign a down stream deal with burwil? Possible..and likely
3) any dead skeleton in the closet? Hmm unlikely as CEO should have come clean by now.
Add on if u have more ideas
ysh2006 ( Date: 06-Mar-2018 08:45) Posted:
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Suspension need more time ? what news take long time to announce?
risktaker ( Date: 05-Mar-2018 20:04) Posted:
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Good news easier or bad news easier to prepare for announcements?
stlimst ( Date: 06-Mar-2018 08:12) Posted:
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Suspend - need more time to prepare announcement.
If no annc by tmr... means resource upgrade need vetted thru 3rd party... as it exceed certain levels?
HKLim6 ( Date: 05-Mar-2018 20:00) Posted:
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You too :)
kangaroo11 ( Date: 05-Mar-2018 19:06) Posted:
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Haha alright bro, u happy can liao :)
HKLim6 ( Date: 05-Mar-2018 16:31) Posted:
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Morgan Stanley bought millions of TAW (amal jv partner) shares shortly after they released their report.
https://pbs.twimg.com/media/DXRHOLzVQAAigpH?format=jpg
https://pbs.twimg.com/media/DXRHOLzVQAAigpH?format=jpg
HKLim6 ( Date: 05-Mar-2018 16:31) Posted:
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Try going to the people who want to buy the fruit in bulk and ask him if the fruits are rotten and should be discounted. I'm pretty sure he will swear they are and he is doing the owner a favour by taking them off the owners hands.
kangaroo11 ( Date: 05-Mar-2018 14:54) Posted:
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" I am firmly of the view that everyone, including Morgan Stanley, is grossly underestimating how quickly the market is moving on the demand side" Ken Brinsden, chief executive of Australian lithium miner Pilbara Minerals, said at a mining conference in Florida this week.
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No offense.
Simple experiment.
Trying going to your fruit stall owner and ask him if his fruits are fresh, juicy and sweet, i' m pretty sure he will swear that they are!!!
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No offense.
Simple experiment.
Trying going to your fruit stall owner and ask him if his fruits are fresh, juicy and sweet, i' m pretty sure he will swear that they are!!!
HKLim6 ( Date: 04-Mar-2018 22:39) Posted:
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Cannot long .... we clear long position today.... trade war n interest rate up.... cannot long...
Dog year = market crash...
Dog year = market crash...
HKLim6 ( Date: 05-Mar-2018 11:58) Posted:
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PLS back at your buy level again
risktaker ( Date: 05-Mar-2018 10:32) Posted:
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Havent buy back.... lol... on queue for tawana
HKLim6 ( Date: 05-Mar-2018 10:18) Posted:
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What price did you buy back in?
risktaker ( Date: 05-Mar-2018 08:53) Posted:
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Looks like some group trying hard to stop the growth of lithium...."oil grp" ...banks already not lending out funds to miners n now saying oversupply trying to discourage miners...
Very bad ethics
Very bad ethics
All lithium miners collapse.... SYA below 6c.... wheres the guy that ask me to buy 10c....
Chinese firms ink Li-battery materials pipeline deal
Mon, 02/19/2018 - 11:33 -- Xuan Zhong 

Two Chinese companies have signed an international raw materials supply chain deal aimed at creating &ldquo one of the most technologically-advanced lithium battery cathode material manufacturers&rdquo in the country.
BCL, a wholly-owned subsidiary of Hong Kong-based investments firm Burwill, agreed the deal with Chinese lithium battery materials provider Hunan Changyuan Lico on 9 February.
https://www.bestmag.co.uk/industry-news/chinese-firms-ink-li-battery-materials-pipeline-deal
++++++
Burwill is AMAL' s partner. This could be the announcement coming up.
 
Lithium glut? No way, say industry executives eyeing demand
HOLLYWOOD, Fla. (Reuters) - Forecasts for a glut in lithium, a major ingredient in rechargeable batteries for electric vehicles, fail to account for strong demand and how complicated it is to process and mine, industry executives and analysts said.
Morgan Stanley sent lithium stocks tumbling on Monday after it forecast a surplus in the market in 2022 of 190,000 tonnes, resulting in predicted prices nearly halving to $7,699 a tonne. However, some industry officials took issue with the outlook.
" I am firmly of the view that everyone, including Morgan Stanley, is grossly underestimating how quickly the market is moving on the demand side" Ken Brinsden, chief executive of Australian lithium miner Pilbara Minerals, said at a mining conference in Florida this week.
Pilbara recently inked supply agreements with Chinese and Korean battery- and automakers, giving them insight into Asian demand.
China has set goals for electric and plug-in hybrid cars to make up at least a fifth of its auto sales by 2025, with new quotas due to take effect in 2019. It also plans to shift away from petrol-engine cars.
The Morgan Stanley report hit high-flying lithium shares, including the world& rsquo s two biggest producers, U.S.-based Albemarle Corp and Chile& rsquo s SQM, down as much as 8 percent on Monday. Most were down again on Tuesday.
Prices for lithium have more than doubled in the past two years on forecasts for massive demand from the electric vehicle industry, spurring work on a flurry of new mines or expansion plans for existing ones.
Forecasts of oversupply also fail to take into account that few lithium processors have the capacity and ability to produce the very high-grade lithium compounds that batteries need, said analyst Andrew Miller at Benchmark Mineral Intelligence, a UK-based battery metals consultancy.
He said he does not see a glut occurring in the next few years although the market could see small surpluses.
Lithium is mostly mined from hard rock deposits in Australia and brine pools in South America. Most of the processing of the hard rock material into battery chemicals is done in plants in China.
The lithium sector' s history of delayed mine ramp ups and processing problems should also offer a lesson to glut forecasters, said Paul Graves, chief financial officer of FMC Corp, the world' s fourth-biggest lithium producer.
" This is an industry that has repeatedly failed to bring on its supply in the way it predicted. It is always late and it is always more expensive to operate" he told Reuters at the conference.
Orocobre& rsquo s brine project in Argentina was slow to ramp up and Galaxy Resources eventually sold a processing plant after it continued to operate below capacity.
https://www.reuters.com/article/us-mining-bmo-lithium/lithium-glut-no-way-say-industry-executives-eyeing-demand-idUSKCN1GB2ZA