Alliance Mineral Assets

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03 Dec 2017 19:57 #24162 by Amataw
Replied by Amataw on topic Alliance Mineral Assets
regarding Tawana Resources:

Attractive valuation on an absolute and relative basis

Our target price of A$0.60/sh implies a potential return of 54%, making it one of the
most undervalued lithium stocks under coverage with a P/NAV of 0.64x (Figure 14). In
our view, Bald Hill’s near-term production status, clean balance sheet (only minimal
debt) and cash flow/earnings potential are yet to be factored into the share price. We
estimate TAW is trading on a FY19e (year in which the peer group will be producing at
capacity) EV/EBITDA of 2.2x, versus more highly fancied hard rock developer peers in
Altura Mining (AJM-ASX | HOLD) and Pilbara Minerals (PLS-ASX | HOLD).


Canaccord Genuity.

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20 Dec 2017 13:11 #24170 by Big Fish
Replied by Big Fish on topic Alliance Mineral Assets
Whoa, Chinese battery-related companies continue to snap up lithium producers. China will dominate the supply chain and achieve global leadership in electric vehicles, and solve their air pollution problems too.

NextView has agreed to acquire all of the issued and outstanding common shares and warrants of Lithium X . Lithium X’s flagship project, Sal de los Angeles lithium brine project, as well as Arizaro Lithium Brine Project are located in the prolific “Lithium Triangle” in mining friendly Salta province, Argentina.

Source: www.lithium-x.com/news-release/nextview-...thium-x-energy-corp/

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20 Dec 2017 17:19 #24171 by lotustpsll
Replied by lotustpsll on topic Alliance Mineral Assets
Good news for the Lithium industry and miners. We should expect more M&A in 2018 given the imbalance of the demand and supply. Lithium price is expected to rise further..

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26 Dec 2017 09:49 - 26 Dec 2017 09:50 #24172 by Amataw
Replied by Amataw on topic Alliance Mineral Assets
Alliance Mineral touching 37.5 cents this morning, and the strong global story of lithium continues to gather momentum. I have just read CNBC, and I quote:



"Lithium is coming of age in a big way. It's the core ingredient to 99 percent of electric vehicles and as a result, demand is going through the roof," Simon Moores, managing director at research and data provider at Benchmark Mineral Intelligence, told CNBC in a phone interview.

"As demand for electric vehicles skyrockets, Chinese firms have rapidly been making deals in a bid to secure supplies of lithium — a vital component used in batteries for electric vehicles."



www.cnbc.com/2017/12/04/china-in-pole-po...ithium-supplies.html
Last edit: 26 Dec 2017 09:50 by Amataw.

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02 Jan 2018 19:49 #24175 by Big Fish
Replied by Big Fish on topic Alliance Mineral Assets
congrats to all holders of AMA. same to TAWANA, even more so becos TAW

1. Has adjacent Cowan mine.
2. It can be developed using income fr Bald Hill, so no need to do capital raising which dilutes shareholders.
3. Lithium selling price fr Cowan likely will be higher as the market has turned hotter.

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11 Jan 2018 14:28 - 11 Jan 2018 14:30 #24195 by Amataw
Replied by Amataw on topic Alliance Mineral Assets
Its Bald Hill mine is almost there, and on Twitter you can find a video of blasting of the grounds now in order to break up the ore body.

twitter.com/ResourcesTawana

The very FIRST shipment of lithium delivery is in March 2018 (just 10 weeks from now ) & that will make AMA and TAW jt venture the next global producer.

AMA should reach 50 cents in due course.
Last edit: 11 Jan 2018 14:30 by Amataw.

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