Alliance Mineral Assets

05 Apr 2017 12:51 #23744 by lotustpsll
lotustpsll replied the topic: Alliance Mineral Assets
Recent comments by Mark Calderwood, Managing Director of Tawana (on Bald Hill and surrounding areas), "Over time I expect the pegmatite belt to prove one of the most important producers of lithium and tantalum in Western Australia"

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05 Apr 2017 17:22 - 05 Apr 2017 17:22 #23745 by Amataw
Amataw replied the topic: Alliance Mineral Assets
More interesting, insightful views on Alliance Mineral Assets @ Investing Note:
Last Edit: 05 Apr 2017 17:22 by Amataw.
The following user(s) said Thank You: lotustpsll

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10 Apr 2017 12:59 #23756 by Amataw
Amataw replied the topic: Alliance Mineral Assets
AMAL’s Chief Executive Officer Mr. Tjandra Pramoko commented, “We remain confident in the prospects of the Company, as AMAL remains on track to produce lithium by the end of the year, and as demand for lithium remains robust we believe we are in the right industry. In the last few days, our counter has been placed on the restricted list by some brokerages and that could potentially have caused the recent sell-off as investors could not trade the stock freely. My purchase of the stock demonstrates management’s firm belief in the long term value and potential of the company, and our conviction that the current market valuation does not reflect the true potential of AMAL.

We remain very pleased with the progress and results at our Bald Hill mine from our drilling activities and we are also having preliminary discussions with interested offtake parties. An Independent Qualified Person’s Report is expected to follow and we are looking forward to a more exciting outlook for our company.”

Ref: Mkt .ashx?App=Announcement&FileID=446060

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12 Apr 2017 22:07 - 12 Apr 2017 22:08 #23768 by Amataw
Amataw replied the topic: Alliance Mineral Assets
Very significant signals in Canaccord's report on AMA today:

Based on the quality of concentrate from Bald Hill (established by testwork), and significant tightness in the spodumene concentrate market, there has reportedly been significant offtake interest in Bald Hill concentrates.

A 5 tonne bulk sample is being prepared for provision to potential offtake parties, with some discussions sufficiently advanced to potentially permit a conditional offtake agreement within the coming 4-6 weeks.

No pricing or volume details are as yet available, but we understand that product pricing could be similar to current benchmarks (+US$850/t for 6% Li2O), with offtake arrangements potentially including product prepayments to help fund development costs.
Last Edit: 12 Apr 2017 22:08 by Amataw.

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13 Apr 2017 21:36 #23777 by pine
pine replied the topic: Alliance Mineral Assets
Unless you have been tracking Alliance Mineral Assets you may not know that it has a JV partner called Tawana Resources. It is listed on ASX. The share price trend is absolutely beautiful even in the last week when AMAL's turned downward because of the brokers' trading restrictions. Tracking Tawana through an Aussie stock forum is rewarding in that one can learn alot about the prospects of the JV's lithium mine. The link to the forum is:

Good luck!

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16 Apr 2017 09:38 - 16 Apr 2017 09:38 #23778 by Amataw
Amataw replied the topic: Alliance Mineral Assets
Bacanora Minerals soars on deal to supply lithium to Japan’s Hanwa

Shares in lithium exploration and development company Bacanora Minerals (TSX-V, LON:BCN) were going gangbusters Monday after it announced it had inked a long-term supply deal with Japan’s Hanwa Corporation that will see the Tokyo-based trader acquire up to 100% of the output coming from the Sonora project in Mexico.


-- Will the same good fortune come the way of Alliance Mineral Assets? And soon?
Last Edit: 16 Apr 2017 09:38 by Amataw.

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