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Alita Resources Last:0.078 -

Alliance Mineral....The Next Lap.

Now the play is Fast In Fast Out. The proposed whatever in Oct right ? Why hurry ? Keen to see their next Qtr P & L. So if BBS super gernerous mood, we can do Fast in Fast Out for kopi $. : )

Why must emphasize " Sophisticated Investors " ? What do you mean by Sophisticated Investors ? Hiw sophisticated ? Like risktaker ?

The hidden gem is Spinco...we will know in couple of months

bernardc ( Date: 09-Apr-2018 10:24) Posted:

now market is figuirng out the fair value of both coy..
TAWANA 42.7 au cts...AMAL 37 SG CENTS..
its obvious tawana is overvaled thus it is dropping..
AMAL is undervalue thus it is moving up..
ath the en d of day..TAWANA VS AMAL..1.1:1.0...AS IN THE MERGER..

those who miss boat now eyes verry green n later will be very red...
money coming in...n still slam coy...

My advice to u is move on...dont think too much

huathuat88888 ( Date: 09-Apr-2018 09:55) Posted:

I am talking about you. Is you risktaker. Dont u get it ? I am anticipating your intentions.

huathuat88888 ( Date: 09-Apr-2018 09:43) Posted:

Riaktaker , why so eager for price up ? I thought you said you buy for long term TP $ 1 to $ 2 ? No ? Lower you can.add more mah. Or you want to profit out asap ?

And I concluded you risktaker ...you have very selfish intentions. $1 or $2 ? Those retailers who bought it on your advice if didnt hit above $1 how ? Sue u ?

I am talking about you. Is you risktaker. Dont u get it ? I am anticipating your intentions.

huathuat88888 ( Date: 09-Apr-2018 09:43) Posted:

Riaktaker , why so eager for price up ? I thought you said you buy for long term TP $ 1 to $ 2 ? No ? Lower you can.add more mah. Or you want to profit out asap ?

I assume alliance can sue you for spreading fake news..... u can be trace easily thru getting ur IP address via sharejunction.. then get it from singapore ISP.... alliance can know who u r...

There are case in Hotcopper where company sue Hotcopper for fake news...

Becareful of what you say....

huathuat88888 ( Date: 09-Apr-2018 09:43) Posted:

Riaktaker , why so eager for price up ? I thought you said you buy for long term TP $ 1 to $ 2 ? No ? Lower you can.add more mah. Or you want to profit out asap ?

Burwill low vol , up 1.45 %. Juang Te - 0.57%.

huathuat88888 ( Date: 09-Apr-2018 09:29) Posted:

Tawana declined - 8.79 % already.

Obviously the ang mo aussies dont value it at 80 cts $1 or $2 like risktaker said. (Sounds like Yuuzoo ? )

huathuat88888 ( Date: 09-Apr-2018 09:21) Posted:

BBS are generous. Remember to Fast In Fast Out : )

Tawana share price declined minus 7.69 % already.

I really pity u... spread fake news... unfairly prejudiced against alliance...wake up bro... what comes around goes around... with ur character ... ur totally gone case.. better change for the better

huathuat88888 ( Date: 09-Apr-2018 09:29) Posted:

Tawana declined - 8.79 % already.

Obviously the ang mo aussies dont value it at 80 cts $1 or $2 like risktaker said. (Sounds like Yuuzoo ? )

huathuat88888 ( Date: 09-Apr-2018 09:21) Posted:

BBS are generous. Remember to Fast In Fast Out : )

Tawana share price declined minus 7.69 % already.

Time to short. :) hope risktaker got out. Or did he invest abv 40cents?

Tawana declined - 8.79 % already.

Obviously the ang mo aussies dont value it at 80 cts $1 or $2 like risktaker said. (Sounds like Yuuzoo ? )

huathuat88888 ( Date: 09-Apr-2018 09:21) Posted:

BBS are generous. Remember to Fast In Fast Out : )

Tawana share price declined minus 7.69 % already.

Burwill 78 mil tranche costs abt 26.5 cts.

BBS plans : to flip at above 37.5 for nice profit

For serious lithium investors.... cheers

risktaker ( Date: 08-Apr-2018 14:38) Posted:

Common Question & Answers based on my Research:

Important Time Line to understand the achievement they have done during past 12 months:

1) Alliance & Tawana Bald hill join venture agreement completed during 19th April 2017.
http://spcagent.co/tawana//wp-content/uploads/sites/37/2017/04/01848735.pdf

2) Lithium Offtake Agreement and Prepayment on 26th April 2017
http://spcagent.co/tawana//wp-content/uploads/sites/37/2017/04/01850357.pdf

3) Maiden Lithium Mineral Resource on 14th June 2017
http://spcagent.co/tawana//wp-content/uploads/sites/37/2017/06/TAW-2.pdf

4) Construction Commences on Lithium Plant at Bald Hill Mine on August 2017
http://spcagent.co/tawana//wp-content/uploads/sites/37/2017/08/01883784.pdf

5) Bald Hill Delivers Excellent Metallurgical Test work results on 6th september 2017
http://spcagent.co/tawana//wp-content/uploads/sites/37/2017/09/1711140.pdf

6) Bald Hill resource update on 11th Oct 2017
http://spcagent.co/tawana//wp-content/uploads/sites/37/2017/10/TAW-11.10.pdf

7) Significant Exploration results continue at Bald Hill on 6th December 2017
http://spcagent.co/tawana//wp-content/uploads/sites/37/2017/12/01930677.pdf

8) Bald Hill on track for lithium production this quarter on 12th Jan 2018
http://tawana.com.au/wp-content/uploads/sites/37/2018/01/01940837.pdf

9) Lithium Production commences at Bald Hill on 14th March 2018
http://tawana.com.au/wp-content/uploads/sites/37/2018/03/140318-Lithium-Production-Commences-at-Bald-Hill_final.pdf

10) Bald Hill plants Achieves Key Milestones on 29th March 2018
http://spcagent.co/tawana/wp-content/uploads/sites/37/2018/03/1786495.pdf

From a company that has nothing in 2017 April and just 12 months later it has commence production and achieves key milestone. This only shows you the superb leadership of tawana management. 5 star management team.

Important Things to note:
1) Coming reserve upgrade will be significant to be announce soon note that total land explored is just 5%. (The total land is as big as singapore)

2) Alliance is halted on Thursday and Friday for fund raising conducted by Cannacord Australia... new shares are only place out to insitutional investors or fund managers. (If u have contact with Cannacord and try to get some shares... they will tell u it is fully subscribed)

3) Alliance has achieve production key milestone and it is current in production status not development anymore. The project has been de-risk. Each ton of lithium they produced is worth 880 USD... its a cash cow now. First shipment of 10,000tonnes is expected to be this month. its worth 8.8 million USD. and followed by monthly shipment.

4) the production is expected to be fully ramp up by june/July so the tonnage would increase to 12,000 to 13,000 tonne. Once fine circuit is installed it should hit around 18,000 tonnes per month by End of the year which is around 15.8million USD per shipment.
5) Financial report for 2nd Quarter shall turn positive (It may change if they proceed on with the 2nd DMS construction, but it only shows china strong demand and the amount of lithium under Bald Hill)

5) Alliance recent suspension are mainly due to silly CEO saga with Mr Lim. Which has been resolved and Alliance CEO being sacked. Under the merge entity, I am glad that it will be Mark to lead the new alliance.

Also after reading regarding this merger deal... just to recap again.... i reckon this is a fair deal for both alliance n tawana...

Just some points i wished to highlight.

Will Alliance holder get spinco shares?

Answer is No for individual alliance holder, but as the newly (after oct) merged Alliance entity they will have 15% of spinco.
As Tawana other assets will be spinout by june 2018 which is before the merge. The other assets will be injected an entiity call Spinco.... which will be eventually IPO, RTO or Take over (based on MC past track record - happen before under MSR IPO).... so it will unlock its value for all Tawana shareholder in 2019 or latest 2020...

FYI currently Tawana is working together with WA gov on drilling cowan " co gov funding"

How will the merge affect my alliance holdings?

For Alliance shareholder there will be no changes for your holdings.
But for Tawana shareholder you will be given 10% extra for each Tawana share you hold. The ratio is 1 Tawana share = 1.1 Alliance share which will happens after the record date (Should be around late september or Early Oct)

Current holders can basically ignore the current trading price. As this only happens in oct 2018.... so no one will know what is the price.

Example some investors brought 100k of tawana shares @ 45c in April.(IMPORTANT Note this example is speculating that everything is progressing well and market did not crash.)

By september 2018 with the resource update, progression, profits coming in and expansion of 2nd DMS. Manage to lift alliance SP n trade @ 80c during record date (estimated late september or early oct)

I bet everyone will be happy...

So just before the record date. Tawana should trade 10% premium of alliance

If alliance trade @ 80c

Tawana should trade @ 88c

But if it didnt:

if Tawana is trading @ 85c

and alliance is trading @ 85c

No one should sell their Tawana share right? Because i am getting 10% extra in Alliance.

Is it going to be dual list in ASX and SGX?
According to the release announcement if i read it correctly. In order to list in ASX we need to have 75% of votes. So there is no guarantee that there will be ASX listing but very likely.

The new merge entity with a bigger market cap will allow fund managers and institutional investors to invest... as previously they cannot invest in an entity that market cap is of below 500million.... So this will attract more quality investors....

Also it will be easier to deal with single company( rather than Alliance & Tawana) if there is any interested party to takeover the entire company.

Also the co-funding of around 50m (Alliance & Tawana) will allow them to built the fine circuit and the 2nd DMS.... which they plan to double the current lithium output (year end 220Ktpa with fine circuit installed) to 440Ktpa in 2019... Provided the resource update can justified it... but it is obvious since the money has been raised....

For 220Ktpa x 880 USD revenue =SGD 250m

Profit is around SGD 80m to 100m

For 440Ktpa reveune =SGD 500M

Profit around SGD 160m to 200m

What will be the fair valuation? Good luck

For those who doubt the ability of the management... please research do your own research.... its truly amazing

A highly potential Blue Chip in the making....easily $1.50 - $2.00 when value fully unlock... while provided market dont crash....

My view only and could be quite speculating as i have assume everything will be smooth...As of today i have 0 position in alliance....because mainly because market is currently very bad because of Trump. I expect market to correct another at least 10% to 20% within the next 2 months..... Fed is not showing any signs of panic.... therefore the market is currently in panic mode....

No one can foresee the future..... for me i may load batch by batch.... so that i will not buy at the highest price... Remember I am not advising anyone.. just sharing my view...

Good Luck....

BBS are generous. Remember to Fast In Fast Out : )

Tawana share price declined minus 7.69 % already.

Market will prove who is right... :)

huathuat88888 ( Date: 08-Apr-2018 20:06) Posted:

Exactly. Actually people initially non suspcious also become suspicious of this counter becos of risktaker.

Reminds me of Danger of Midas (LOAD UP LOAD UP until ....go look at Mudas Thread)

Lilchi580 ( Date: 08-Apr-2018 19:56) Posted:

0 shares still do so much research and keep bump

Tmr surely gap up :)

huathuat88888 ( Date: 08-Apr-2018 20:06) Posted:

Exactly. Actually people initially non suspcious also become suspicious of this counter becos of risktaker.

Reminds me of Danger of Midas (LOAD UP LOAD UP until ....go look at Mudas Thread)

Lilchi580 ( Date: 08-Apr-2018 19:56) Posted:

0 shares still do so much research and keep bump

Sad ppl around ... lol... i just trying to help... cheers final bump

risktaker ( Date: 08-Apr-2018 19:18) Posted:

https://www.wsj.com/articles/the-battery-boost-weve-been-waiting-for-is-only-a-few-years-out-1521374401

Silicon lithium...nice break thru