Alita Resources    Last:0.078   -

alliance mineral resources move up

AMAL..is basically a bankrupt coy..when tantalim prices tanked...
with a stroke of a pen..now its worth billions???
but maiden delivery delayed..will there be further delays??
who knows if delay again...?? the consequences will be nasty

 

Hopefully your shorting will be more effective than papayaface. Still waiting to enter.

sheerluck      ( Date: 05-Oct-2017 12:56) Posted: Can tell from the announcements that Burwill so-called investment in AMAL is a necessity.  Without Burwill cash injection, AMAL cannot continue its operation.  If so, Burwill initial investment in AMAL will be damaged.  Burwill has given AMAL the bloodline its need, now is time for AMAL to do some real work.  Frankly, the only things that AMALhas are the concession right to lithium.  Beside that it has done practically nothing useful but has internal issue that cast shadow over the company share price.  Operation and financing capabilites are aided by its partner and customers with operation are handled by Taw and financing by Burwill. Now there don' t seems to have major issue on their operation side.  How will issue with JL impact on its share price.  If JL has any intention to take major advantage of his agreement with T& S, he is likley to create some issue with T& S before 24 Oct. Lastly, with TAW and AMAL trading around the same price, no one is more expensive than the other.

 

Can tell from the announcements that Burwill so-called investment in AMAL is a necessity.  Without Burwill cash injection, AMAL cannot continue its operation.  If so, Burwill initial investment in AMAL will be damaged.  Burwill has given AMAL the bloodline its need, now is time for AMAL to do some real work.  Frankly, the only things that AMALhas are the concession right to lithium.  Beside that it has done practically nothing useful but has internal issue that cast shadow over the company share price.  Operation and financing capabilites are aided by its partner and customers with operation are handled by Taw and financing by Burwill.

Now there don' t seems to have major issue on their operation side.  How will issue with JL impact on its share price.  If JL has any intention to take major advantage of his agreement with T& S, he is likley to create some issue with T& S before 24 Oct.

Lastly, with TAW and AMAL trading around the same price, no one is more expensive than the other.

 

 

So many posts, so many theories, so many arguments ... All for that 0.5cts difference in trade. LMFAO. What a big joke.

 

CH-X @ 30cts for Tawana

Alvin2042      ( Date: 05-Oct-2017 12:22) Posted: HK and China mkt closed for holiday today. Should see some funds coming in tomor when mkt reopen. risktaker      ( Date: 05-Oct-2017 12:20) Posted: U got live feed

 

HK and China mkt closed for holiday today. Should see some funds coming in tomor when mkt reopen.

risktaker      ( Date: 05-Oct-2017 12:20) Posted: U got live feed? furnaces      ( Date: 05-Oct-2017 11:50) Posted: Ok that's it. Tawana just breakout to new all time high at $0.295.

 

U got live feed?

furnaces      ( Date: 05-Oct-2017 11:50) Posted: Ok that's it. Tawana just breakout to new all time high at $0.295.

 

yours veryyyyyyyyyyyyyyyy goooooooooood arghhhhhhhhhhhh???????????????????

giantgrouper47      ( Date: 05-Oct-2017 11:50) Posted: Your advice is really unnecessary, Optimistic investors in this forum contribute constructive ideas, not listening to man-in-the-street advice. Save your breath. andychew.eh      ( Date: 05-Oct-2017 11:29) Posted: This one not my counter. I come here to advise a bit. My counters : Yanlord and Banyan Tree Yanlord in the green. I waiting for delist offer. Banyan Tree waiting to add more. Vanke factor

 

Is a norm that sp always push up before placement so they can place at higher price. But after placement is another case. Quite some counter even trade below placement price afterward. I see so much hype from ystd night until today morning, not sure why also, as if like very positive news. Still stay sideline

ahhuat08      ( Date: 05-Oct-2017 10:38) Posted: If i never looked at the sp and only browse thru this forum, i would have thought amal is now trading at 50 cts. lol

 

Your advice is really unnecessary, Optimistic investors in this forum contribute constructive ideas, not listening to man-in-the-street advice. Save your breath.

andychew.eh      ( Date: 05-Oct-2017 11:29) Posted: This one not my counter. I come here to advise a bit. My counters : Yanlord and Banyan Tree Yanlord in the green. I waiting for delist offer. Banyan Tree waiting to add more. Vanke factor. s100125      ( Date: 05-Oct-2017 11:26) Posted: Burwill Holdings subscribe up to 74.8 million Alliance Mineral shares for a total A $19.6 million. This show of confident in Alliance Mineral by Burwill Holdings will be positive

 

Ok that's it. Tawana just breakout to new all time high at $0.295.

 

I am wondering whether your are a PHD.I believe you are not that ignorant.
  Why not you write to SGX and complain." Kelong" .... please report to CPIB to investigate.

bernardc      ( Date: 05-Oct-2017 10:30) Posted: this is what i term kelong announcement... doing placement also need to halt...   tankookoo      ( Date: 05-Oct-2017 10:25) Posted: halted to release news but news no impact.

 

Tawana sticking at $0.29, breaking out to new high anytime soon. Just wait.

Placement and loan allows Alliance to be flooded with cash, additional A$20m without accounting for the 3rd prepayment.

People always thought share placement = price drop. Due to the 3 days halt, uptrend support is now at $0.29. Shall see

 

， BCL 於 二 零 一 七 年 十 月 四 日 （ 交 易 時 段 後 ） 與 AMAL 簽 訂 認 購 協 議 。
http://stock.finance.qq.com/hk/gsgg.php?ID=HKEX-EPS-20171004-002938714 

認 購 股 份
根 據 認 購 協 議 之 條 款 與 條 件 ， 認 購 股 份 約 佔 於 認 購 協 議 日 期 AMAL 已 發 行 股 本 的 15.56%， 並 且 預 期 將 約 佔 經 認 購 股 份 擴 大 後 AMAL 已 發 行 股 本 13.47%權 益 。 認 購 股 份 將 由 AMAL 發 行 及 配 發 予 BCL（ 及 /或 其 代 理 人 ） ， 不 含 賠 償 、 擔 保 、 留 置 權 和 其 他 產 權 負 擔 ， 可 自 由 轉 讓 ， 在 全 部 方 面 與 AMAL 現 有 股 份 享 有 同 等 地 位 。 代 價 74,810,228 股 認 購 股 份 的 總 認 購 價 格 19,575,000 澳 元 將 分 期 支 付 。 當 中 4,375,000 澳 元 認 購 價 格 已 於 二 零 一 七 年 九 月 三 十 日 支 付 ， 用 以 取 消 包 銷 合 同 預 付 款 之 尾 款 ， 而 包 銷 合 同 之 預 付 款 數 額 亦 因 而 減 少 。 認 購 價 格 19,575,000 澳 元 相 當 於 約 20,833,672 新 加 坡 元 。 每 認 購 股 份 為 0.278 新 加 坡 元 ， 相 較 AMAL 股 份 二 零 一 七 年 九 月 二 十 九 日 （ 即 認 購 協 議 簽 訂 前 AMAL 股 份 買 賣 最 近 一 個 交 易 日 ） 於 SGX-ST 的 全 日 每 股 加 權 平 均 交 易 價 格 0.2972 新 加 坡 元 折 讓 約 6.46%。 該 認 購 價 格 經 公 平 協 商 而 訂 定 。 用 於 支 付 認 購 價 格 的 款 項 將 由 本 集 團 內 部 資 源 籌 措 。  


Subscription Shares Pursuant to the terms and conditions of the Subscription Agreement, the Subscription Shares represent approximately 15.56% of the issued share capital of AMAL at the date of the Subscription Agreement and is expected to approximately 13.47% of the issued share capital of AMAL after the Subscription Shares have been enlarged. The Subscription Shares will be issued and allotted by AMAL to BCL (and / or its proxies) without compensation, guarantee, lien and other encumbrances, and are freely transferable and in all respects to the existing shares of AMAL. Consideration The total subscription price of the Call Purchase Shares of $ 74,510,228 Shares will be paid in installments of $ 19,575,000. Of which the subscription price of HK $ 4,375,000 was paid on 30 September 2017 to cancel the tranche of prepayment of the underwriting contract and the amount of advance payment for the underwriting contract was reduced. The subscription price of S $ 19,575,000 is equivalent to approximately S $ 20,833,672. Per share of 0.278 Singapore dollars, compared to AMAL shares on September 29, 2011 (that is, before the signing of the agreement AMAL shares trading the latest trading day) in SGX-ST full-day weighted average transaction price per share 0.2972 Singapore discount of about 6.46%. The subscription price is negotiated on an arm' s length basis. The amount used to pay the Subscription Price will be raised by the Group' s internal resources.

 

Ya lor. Leave it to the other shorters. Take a break bro, Good luck 

hatetrollers      ( Date: 05-Oct-2017 11:31) Posted: I think you have done enough advises for the year today...(Though for people on stable condition, it looks like blabbering to the core)... Would you please concentrate on your Yanlord and Banyan tree counters  andychew.eh      ( Date: 05-Oct-2017 11:29) Posted: This one not my counter. I come here to advise a bit. My counters : Yanlord and Banyan Tree Yanlord in the green. I waiting for delist offer. Banyan Tree waiting to add more. Vanke factor

 

I think you have done enough advises for the year today...(Though for people on stable condition, it looks like blabbering to the core)...
Would you please concentrate on your Yanlord and Banyan tree counters 

andychew.eh      ( Date: 05-Oct-2017 11:29) Posted: This one not my counter. I come here to advise a bit. My counters : Yanlord and Banyan Tree Yanlord in the green. I waiting for delist offer. Banyan Tree waiting to add more. Vanke factor. s100125      ( Date: 05-Oct-2017 11:26) Posted: Burwill Holdings subscribe up to 74.8 million Alliance Mineral shares for a total A $19.6 million. This show of confident in Alliance Mineral by Burwill Holdings will be positive

 

This one not my counter. I come here to advise a bit.

My counters : Yanlord and Banyan Tree

Yanlord in the green. I waiting for delist offer.

Banyan Tree waiting to add more. Vanke factor.

s100125      ( Date: 05-Oct-2017 11:26) Posted: Burwill Holdings subscribe up to 74.8 million Alliance Mineral shares for a total A $19.6 million. This show of confident in Alliance Mineral by Burwill Holdings will be positive. andychew.eh      ( Date: 05-Oct-2017 11:13) Posted: Worry not. Will go up next week. When getting nearer to 24 Oct.

 

Burwill Holdings subscribe up to 74.8 million Alliance Mineral shares for a total A $19.6 million.
This show of confident in Alliance Mineral by Burwill Holdings will be positive.

andychew.eh      ( Date: 05-Oct-2017 11:13) Posted: Worry not. Will go up next week. When getting nearer to 24 Oct.

 

Because in business, you have to give & take.
So win win you give in a bit i give in a bit can only be good for business.

andychew.eh      ( Date: 05-Oct-2017 11:13) Posted: Worry not. Will go up next week. When getting nearer to 24 Oct.

 

paitence will reap the handsome rewards :-)