Alita Resources    Last:0.078   -

Alliance Mineral....The Next Lap.

Tawana close 38c... alliance gonna go south soon..
Looks pretty bad to small investors...

Bloody management get all funds but they wont take care.of small shareholders...

Tawana cowan deal really kills shareholder value..its stupid when it value itself for 1c...

I cant imagine what will happen when MC took over alliance helm... sell whole alliance for 40c to burwill? Lol we.will be con...

Bad bad bad

risktaker      ( Date: 06-Jun-2018 13:32) Posted: I see some silly people on Hotcopper really... lol.. they think BB will push the price up and let them take profit... Given the bearish sentiment in the market... i expect TAW and AlLiance to drop today if not tmr...

 

I see some silly people on Hotcopper really... lol.. they think BB will push the price up and let them take profit...

Given the bearish sentiment in the market... i expect TAW and AlLiance to drop today if not tmr...

 

Tawana huge selling incoming.... i am 80 to 90% right in individual stocks... :)

 

U go look at tawana sell queue ... 44c 600k shares buying... 43 100k buying...

Looks like collasping soon... i bet 425 or 42 closing today

Alvin2042      ( Date: 06-Jun-2018 11:59) Posted: Typical RT....just because now u no position, will write all the negativity. When you in long position, u will then write how good it is. risktaker      ( Date: 06-Jun-2018 11:31) Posted: See massive selling in tawana... looks like resource upgrade is a.disappointment.... likely go back to flat end of day..

 

Typical RT....just because now u no position, will write all the negativity. When you in long position, u will then write how good it is.

risktaker      ( Date: 06-Jun-2018 11:31) Posted: See massive selling in tawana... looks like resource upgrade is a.disappointment.... likely go back to flat end of day..

 

See massive selling in tawana... looks like resource upgrade is a.disappointment.... likely go back to flat end of day..

 

Alliance Mineral Assets doubles its West Australian lithium reserves 
 

MELBOURNE, June 6 (Reuters) - Alliance Minerals Assets Ltd, which began exporting lithium concentrate from theBald Hill project in Western Australia in May, said on Wednesdayit has doubled its estimate of lithium ore reserves.

Singapore-listed Alliance began lithium and tantalumconcentrate production in mid-March as part of a joint venturewith Tawana Resources  , which it bought out for A$215million ($165.4 million) in April, in a deal that is expected tobe completed by the fourth quarter. [nL4N1RI235] Bald Hill produces spodumene, a type of lithium concentratethat is in hot demand to be processed into lithium carbonate orhydroxide for use in rechargeable batteries that power mobilephones and electric cars.

The joint venture put lithium resources at 11.3 milliontonnes at 1.0 percent of lithium oxide, up 105 percent from itsJuly 2017 estimate, it said in a filing to the Australian stockexchange.

The partners are reviewing options for significant expansionin processing capacity and concentrate production, the statementsaid.

" There is strong demand for our product. We had a fairly lowcapital spend on the first plant, so we are looking at eitherincreasing throughput for that or building another one," TawanaResources Managing Director Mark Calderwood told Reuters.

" We aim to continue to grow resources and reserves ... We' llprobably have another resource upgrade later in the year." Shares in Alliance rose more than 4 percent on Wednesday ina slightly firmer broader market.

Two shipments were completed in May and the next shipment is anticipated in late June or early July, it said.

francisd      ( Date: 06-Jun-2018 09:58) Posted: Guys yesterdays annou. on the Bald Hill site is interesting.  Very exhaustive report. Cheers.

 

Guys yesterdays annou. on the Bald Hill site is interesting.  Very exhaustive report.

Cheers.
 

 

Odd counter this is,... thought it' s a counter built for multi-bags since Lithium and electric cars are one,... so many events needed to be taken note of,...

And no dividend payout to ' compensate for our time' .

 

He n his WE cut loss daily for years!😂 😂 😂 😂 🤣 🤣 🤣 🤣

huathuat88888      ( Date: 05-Jun-2018 15:30) Posted: Sub 20s ? LOL Very sure you must have exited at recent 38 cts & above. I thought you say 50 cts then $1 then $1.50 soon ? risktaker      ( Date: 05-Jun-2018 14:40) Posted: If the reaource upgrade disappoint the market.... we may see sub 20s...lol if we got 1 Upgrade been delay from dec to jan to feb.... to june...sad isnt it

 

😂 😂 🤣 🤣 🤣

huathuat88888      ( Date: 05-Jun-2018 15:30) Posted: Sub 20s ? LOL Very sure you must have exited at recent 38 cts & above. I thought you say 50 cts then $1 then $1.50 soon ? risktaker      ( Date: 05-Jun-2018 14:40) Posted: If the reaource upgrade disappoint the market.... we may see sub 20s...lol if we got 1 Upgrade been delay from dec to jan to feb.... to june...sad isnt it

 

Can always buy when resource upgrade is good... look at HK sudden sell down... very bad

huathuat88888      ( Date: 05-Jun-2018 15:30) Posted: Sub 20s ? LOL Very sure you must have exited at recent 38 cts & above. I thought you say 50 cts then $1 then $1.50 soon ? risktaker      ( Date: 05-Jun-2018 14:40) Posted: If the reaource upgrade disappoint the market.... we may see sub 20s...lol if we got 1 Upgrade been delay from dec to jan to feb.... to june...sad isnt it

 

Sub 20s ? LOL

Very sure you must have exited at recent 38 cts & above.

I thought you say 50 cts then $1 then $1.50 soon ?

risktaker      ( Date: 05-Jun-2018 14:40) Posted: If the reaource upgrade disappoint the market.... we may see sub 20s...lol if we got 1 Upgrade been delay from dec to jan to feb.... to june...sad isnt it

 

Today' s news:

https://www.channelnewsasia.com/news/technology/insight--europe-up-against-asian-juggernaut-in-electric-car-battery-drive-10384702 

 

The boss' employment was terminated, and may be looking for fresh start?

It is more interesting that another institutional investor has taken a large stake in the co.

risktaker      ( Date: 05-Jun-2018 14:35) Posted: But becareful... makes me wonder.. why the boss sold off? All its share.... chengwh1      ( Date: 04-Jun-2018 17:50) Posted: Okay,... tq bro,... whatever it is,... I would want to be able to realize my investments, ie to be able to sell off my SpinCo shares if I needed to. If SpinCo shares are not listed in a public exchange, how to selloff

 

If the resource upgrade is due end this month, isn' t it a good time to buy now before the release of the good news? Anyway, based on Hotcopper threads, and also Tawana' s AGM info, seems like it would not be disappointing.

Someone on Hotcopper suggested delay is for more drilling to be done to justify second DMS and fines circuit (for more output).

I' m vested, and DYODD.

 

If the reaource upgrade disappoint the market.... we may see sub 20s...lol if we got 1

Upgrade been delay from dec to jan to feb.... to june...sad isnt it

 

But becareful... makes me wonder.. why the boss sold off? All its share....

chengwh1      ( Date: 04-Jun-2018 17:50) Posted: Okay,... tq bro,... whatever it is,... I would want to be able to realize my investments, ie to be able to sell off my SpinCo shares if I needed to. If SpinCo shares are not listed in a public exchange, how to selloff ? risktaker      ( Date: 04-Jun-2018 15:55) Posted: To be listed la... they planning IPO only.. who knows maybe spinco will be takeover by year end?

 

Okay,... tq bro,... whatever it is,... I would want to be able to realize my investments, ie to be able to sell off my SpinCo shares if I needed to. If SpinCo shares are not listed in a public exchange, how to selloff ?

risktaker      ( Date: 04-Jun-2018 15:55) Posted: To be listed la... they planning IPO only.. who knows maybe spinco will be takeover by year end?. chengwh1      ( Date: 04-Jun-2018 14:54) Posted: I feel odd investing in this counter,... need to monitor when will shipments of ores be loaded onto boats, when will the boats start sailing to China, when will plant machines start to be erected,... hehehe,... Anyway,... I' m glad reading inside here that Tawana' s SpinCo has finally been listed. Shareholders of Tawana get some of these SpinCo shares too. Hoped I' m reading this right, bros,... please correct my understanding if necessary....

 

To be listed la... they planning IPO only.. who knows maybe spinco will be takeover by year end?.

chengwh1      ( Date: 04-Jun-2018 14:54) Posted: I feel odd investing in this counter,... need to monitor when will shipments of ores be loaded onto boats, when will the boats start sailing to China, when will plant machines start to be erected,... hehehe,... Anyway,... I' m glad reading inside here that Tawana' s SpinCo has finally been listed. Shareholders of Tawana get some of these SpinCo shares too. Hoped I' m reading this right, bros,... please correct my understanding if necessary....