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8.2¢ alliance mineral assets limited

Ann: Restructure of Lithium Offtake Agreements, page-93

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15/01/19

18:40

Post #: 37123687
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Originally posted by UY Scuti: ↑

MELBOURNE, Jan 15 (Reuters) - Lithium miner Alliance Mineral Assets said on Tuesday it expected to choose final customers for half of its lithium supply in the next few weeks, after restructuring its existing agreements.
Alliance, which owns the Bald Hill mine in Western Australia after buying out its partner Tawana Resources last year, said it was in talks with parties in South Korea and Japan, as well as China.
“We have 80,000-100,000 tonnes that is not committed,” Managing Director Mark Calderwood told Reuters. “Arguably ours is the last 100,000 tonnes out there. (Australian supply) is all pretty much locked down.”
ref:
https://www.reuters.com/article/australia-lithium-supply/update-1-singapores-alliance-minerals-reframes-lithium-supply-deal-seeks-new-customers-idUSL3N1ZF1VZ

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For me: it is time to buy more.
Current SP is a bargain. I suspect that the rumor with BYD is true. The picture becomes sharper ...

A40 Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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