Alliancen6.5%170818   

Alliance Mineral

When HK + China partner together, they not simple = very very smart

They test water...see how the mines function or produce and also how the US SideKick Aussie Govt regulate the laws on mining esp for Chinese owned Aussie mines... but fixed the price so that nice for the consumers aka buyers...who the buyers ? LOL

then if ok after 2 years , they will make their moves again : )

huathuat88888      ( Date: 08-Feb-2019 11:41) Posted: Production Costs > Selling Price How to make $ like that ? Quote : production costs for the quarter was around $1,152 per tonne of lithium concentrate. Production Costs A$1152 vs Selling Price abt A$1000 Profit or Loss ?

 

Production Costs > Selling Price

How to make $ like that ?

Quote :
production costs for the quarter was around $1,152 per tonne of lithium concentrate.

Production Costs A$1152 vs Selling Price abt A$1000

Profit or Loss ?

 

yes.., still more room to up !

SmallSmall      ( Date: 08-Feb-2019 08:49) Posted: Dated 8th Feb 2019. -> For those interested. ALLIANCE MINERAL ASSETS: Record January production, share price +15% today   Published: 07 February 2019   The share price of Alliance Mineral Assets closed up 2.7 cents (+15.17%) today at 20.5 cents on the Singapore Exchange after the company reported its Jan 2019 production figures for spodumene concentrate, a source of high lithium content. Below is Canaccord analysts' take:    Excerpts from Canaccord Genuity' s report Alliance Mineral Share price: A$0.17 Target:  A$0.45 Analysts: Reg Spencer & Larry Hill Bald Hill update - record monthly production Event: Bald Hill delivers record monthly production MarQ' 19 sales to see substantial QoQ uplift Highlights: &bull A40 (Alliance Mineral Assets) has reported Jan' 19 concentrate production of 13.2kt at 6.15% Li2O, a 28% improvement over Dec' 18 production.  The result represents a monthly production record for Bald Hill, and represents ~60% of the output for the entire DecQ' 18. markcalderwood6.18 Mark Calderwood, MD of Alliance Mineral Assets. NextInsight file photo. &bull Plant performance continues to show improvement with throughput and feed grades showing QoQ increases. &bull 23kt of SC was shipped in early February, with reported revenue expectations (subject to final assay) implying an average price of US$805/t.  A further 30kt is expected to be shipped or ready for shipment during the MarQ. This implies a significant +120% QoQ increase in sales, which assuming a weighted-average price of US$760/t for MarQ, results in cash inflow from spodumene sales exceeding A$50m. &bull Tantalum sales for the MarQ to date are expected to be ~40kt, which we estimate could deliver an additional ~A$3m in by product revenue. &bull Production guidance for H1' 19 has been reiterated at 65-80kt. Assuming Jan' 19 production rates are maintained, A40 could achieve the top end of the guidance range(vs CGe CY19 183kt). Impact on our view - POSITIVE regspencer Analyst Reg Spencer &bull Recent production issues which impacted DecQ' 18 output have been addressed, withlower cash costs (lower strip ratio) and increased product sales expected to deliver a much improved cashflow performance in the MarQ. &bull This update confirms our view that A40' s operating and financial outlook is much better than that interpreted by the market following the DecQ. Should A40 deliver into expectations for the MarQ, this should alleviate recent market concerns and lead to a potential re-rate. SPECULATIVE BUY and A$0.45 target maintained.

 

Dated 8th Feb 2019. -> For those interested.

ALLIANCE MINERAL ASSETS: Record January production, share price +15% today
  Published: 07 February 2019
 
The share price of Alliance Mineral Assets closed up 2.7 cents (+15.17%) today at 20.5 cents on the Singapore Exchange after the company reported its Jan 2019 production figures for spodumene concentrate, a source of high lithium content. Below is Canaccord analysts' take:   

Excerpts from Canaccord Genuity' s report


Alliance Mineral

Share price:
A$0.17

Target: 
A$0.45

Analysts: Reg Spencer & Larry Hill

Bald Hill update - record monthly production

Event: Bald Hill delivers record monthly production MarQ' 19 sales to see substantial QoQ uplift



Highlights:
&bull A40 (Alliance Mineral Assets) has reported Jan' 19 concentrate production of 13.2kt at 6.15% Li2O, a 28% improvement over Dec' 18 production. 

The result represents a monthly production record for Bald Hill, and represents ~60% of the output for the entire DecQ' 18.

markcalderwood6.18
Mark Calderwood, MD of Alliance Mineral Assets. NextInsight file photo.
&bull Plant performance continues to show improvement with throughput and feed grades showing QoQ increases.

&bull 23kt of SC was shipped in early February, with reported revenue expectations (subject to final assay) implying an average price of US$805/t. 

A further 30kt is expected to be shipped or ready for shipment during the MarQ. This implies a significant +120% QoQ increase in sales, which assuming a weighted-average price of US$760/t for MarQ, results in cash inflow from spodumene sales exceeding A$50m.

&bull Tantalum sales for the MarQ to date are expected to be ~40kt, which we estimate could deliver an additional ~A$3m in by product revenue.

&bull Production guidance for H1' 19 has been reiterated at 65-80kt. Assuming Jan' 19 production rates are maintained, A40 could achieve the top end of the guidance range(vs CGe CY19 183kt).


Impact on our view - POSITIVE

regspencer
Analyst Reg Spencer
&bull Recent production issues which impacted DecQ' 18 output have been addressed, withlower cash costs (lower strip ratio) and increased product sales expected to deliver a much improved cashflow performance in the MarQ.

&bull This update confirms our view that A40' s operating and financial outlook is much better than that interpreted by the market following the DecQ. Should A40 deliver into expectations for the MarQ, this should alleviate recent market concerns and lead to a potential re-rate.

SPECULATIVE BUY and A$0.45 target maintained.

 

ALLIANCE MINERAL ASSETS: Recent share price movement overreaction, target price 45 c

 

towards 0.25 now

eric998      ( Date: 07-Feb-2019 14:47) Posted: --- Post Removed by User ---

 

Actually , just my opinion . Prop Traders accumulate a lot under 0.20 all the way down to 0.16 plus . Now they are distributing around 0.2 to 0.205. Those who want to buy , can wait when the distribution ends and price tank again . Those who bought , time to sell. Your money , your call.

 

very hot now......

0.25 soon?

SmallSmall      ( Date: 07-Feb-2019 09:08) Posted: RECORD MONTHLY PRODUCTION AT BALD HILL MINE Alliance Mineral Assets Limited (ASX: A40 SGX: 40F) is pleased to announce record monthly production of 13,160t of lithium concentrate for January 2019 from its Bald Hill Lithium and Tantalum Mine in Western Australia.

 

RECORD MONTHLY PRODUCTION AT BALD HILL MINE Alliance Mineral Assets Limited (ASX: A40 SGX: 40F) is pleased to announce record monthly production of 13,160t of lithium concentrate for January 2019 from its Bald Hill Lithium and Tantalum Mine in Western Australia.

 

What happened to this counter? Why disappear when the monster rebound is in play?