A40 price action, page-322

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13/03/19

15:25

Post #: 37748825
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Originally posted by luanboo: ↑

NL, same to you. Believe whatever you want to. Being logically is good but does not mean logical means correct.
I am not being emotion on this. What I have shared is based on my research and efforts to get official confirmation. I do not based my posts on my own gut feel or logic. Everyone need to DYODD.

Following is a paragraph from Alliance's announcement on 25-Oct-2018 on Tantalum concentrate sales, stating BH produced saleable concentrates of 62,600lbs of contained Ta2O5.

And I check with the company specifically on this. Following is the reply I get on that 62,600 lbs.
The confusion might arise from the wordings of "contained Ta2O5" which Alliance share with shareholders. The actual weight which might not be reported.

What is clear (and more important) to us is the value of our production/sales.
In this case, I get the confirmation that the value is 62600 lb x price and there is no need to further multiple it by 30%
Hence, that's how I work out the figures in my posts.
Please don't be too quick to say that other's opinion/information are rubbish and nonsense.
And please learn to spell my name correctly.

Have a good day.

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Wait, I'm still confused, so for 62,600lbs of contained Ta2O5 means they are selling 208,666lbs of 30% concentrate? Which means your calculations of AUD12+mil still stands correct?

A40 Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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A40 price action, page-322

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