A40 0.00% 8.2¢ alliance mineral assets limited

Ann: Voluntary Suspension, page-87

  1. 6,058 Posts.
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    The rumours are its a huge off take deal.
    Its a multi pronged deal with a global EV/battery leader/chemicals.
    Its for a sector leading price of $US1000 per half tonne.
    Supposedly Ganfeng is one of the parties involved also.
    They will be blending all the Pilbara spodumene with Bald Hill product to bring it to premium specs. We will become the largest ASX listed producer of lithium in Australia if not the world within the next 12 months. We will have Ebitda dollars coming out of our bongholes. At that point the construction of the hydroxide plants will start in partnership with our new global leader friends., 12 trains supposedly, in and around the Widgie Tavern. This should all be outlined clearly post halt by the company.

    Coincidentally the SP will be approx $16 and HotCopper will have gone into receivership because everybody in the lithium space will be making so much money and wont have time or need to post SP to the moon anymore, it will already be there. So no more rumours from that point onwards unfortunately. Lithium is to HotCopper as milk is to cookies.

    Disclamer: Im sorry if you haven't realised yet, I just plucked that rumour from my ermmm bonghole but the theme would fit as a legitimate post in most lithium threads on HC.

    …………………………………………………………………...

    We asked for news flow post merger and soon we have some and I expect quite a bit more in Q1.
    That saying comes into my head, be careful what you wish for, for no other reason than I have grown to be fearful before being optimistic. There is no shortage of optimism yet very few are making money. Anyways enough blabbering for one day

    Happy New Year, you will find out soon, im going back to bed.
    Last edited by El Jefe: 01/01/19
 
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