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8.2¢ alliance mineral assets limited

Agreed Gekkko,SP will fall to $0.14 as I touted sometime ago and...

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45

01/02/19

11:44

Post #: 37297563
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Originally posted by Gekkko: ↑

Originally posted by Sharpey
Cash costs are too high for my comfort. They need a second offtake to be taking 15,000t of product by March or there is going to be drawdown on that second Tribeca facility, or a CR.

Even then, I think they're going to be working very hard to stand still this year, and I don't see them getting through the year without more debt or a CR.

The risk/reward isn't there for me to keep holding, and I'm out.

Wish you all the best, and I will keep an eye on this to come back to later in the year. With fines operating and regular shipments I will need to look again.

Cheers

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I smell a takeover brewing..
Agreed Gekkko,
SP will fall to $0.14 as I touted sometime ago and got shot down. Once that happens, standby takeover will happen.

IMO

DYOR

A40 Price at posting: 16.0¢ Sentiment: None Disclosure: Held
4 Upvote

0 Great analysis

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