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8.2¢ alliance mineral assets limited

A40 price action, page-151

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CarrotGrunt

841 Posts.

213

22/02/19

23:40

Post #: 37539061
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Originally posted by youmustbeyoking: ↑

Pela, who knows. This stock behaves very weird, especially on good news. let's start 2018
March Proddution commences Price drop 7.5%
April Hauling product commence Price drop 5.25%
May 1st shipment Price drop 8.75
June Increace in ore reserve Price drop 8.0%
July Achieve comercial production Price drop 30%
September Bald Hill opperation optimisation Price drop 23%
December 04 Aprove scheme of arrangement Price drop 10%
December 12 Appointment opperations director Price drop 41%
2019
January Record month production Price drop 16%

There were some slight recoveries in between and percentages are based on the s/p on the announcement day, so you can't just add the drops. The only real thing that will move this beast's share price is an increace in resources, adding LOM. We need to start drilling in all earnest. Annalists don't see the picture the way we see it. I feel there is enough spod in that ground to last into the next century. They still say, "how dare that man MC, go against all proven conventions, and start a mine without a BFS and such a small reserve". Just my opinion and a very humble one at that.

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I agree

i listened to the first 10 minutes of this yesterday, he mentions bald hill and basically proves your point.

A40 Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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