In just a matter of weeks, sometime in Feb 2018, the mine at Bald Hill in Western Australia will ready for commissioning.

Among other thing, the rapid progress of the construction has earned mine owner Alliance Mineral Assets a fabulous 278% gain on its stock price since the start of the year: Its share price started off at 9 cents and now hover at 34 cents.  

Stock price 

34 c

52-week range

99 – 42 c

PE (ttm)

--

Market cap

S$183 m

Shares outstanding

538 m

Dividend 
yield (ttm)

--

Year-to-date return

278%

Source: Bloomberg

Singapore-listed Alliance Mineral Assets, in the course of the year, welcomed a 50% JV partner, Tawana Resources.

They are on track to deliver the project's first shipment of lithium concentrate in 1Q2018 to offtaker Burwill Holdings. (They will also have tantalum from the mine for sale, which investors are waiting details of).

Watch this on-the-ground video (1 min 33 seconds) of the state of the mine site as of around mid-Dec 2017.

(Turn on the music. If you are on a desktop, click on "YouTube" or the full screen icon for a great view. On mobile, click on the full screen icon).




For an aerial view of the mine site, see tock price 


Comments  

0 #1 Kim Fook 2018-01-04 17:03
The JV has not announced their plans with regards to the co-resource TANTALU M. Does that mean that it is for TAWANA to keep or is it "buried" somewhere in the neighborhoods?
Would this optimize investors interest?
Quote

Share Prices

Counter NameLastChange
AEM Holdings1.190-0.030
Alliance Mineral0.1790.001
Anchor Resources0.0210.001
AusGroup0.028-
Avi-Tech Electronics0.285-
Best World Int.2.390-0.030
China Sunsine1.150-0.030
CSE Global0.5450.005
Food Empire0.5650.005
Geo Energy0.182-
Golden Energy0.2350.005
GSS Energy0.1010.002
HMI0.5400.005
ISDN Holdings0.240-
KSH Holdings0.505-0.005
Miyoshi0.043-0.002
Moya Asia0.077-
Nordic Group0.325-
Oxley Holdings0.310-0.005
REX International0.0770.001
Riverstone1.100-
Roxy-Pacific0.3950.005
Sing Holdings0.3900.005
SingMedical0.4500.005
Sino Grandness0.058-0.003
Straco Corp.0.780-0.010
Sunningdale Tech1.350-
Sunpower Group0.5750.005
The Trendlines0.0870.001
Tiong Seng0.2400.005
Uni-Asia Group1.220-
XMH Holdings0.200-
Yangzijiang Shipbldg1.500-

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 2555 guests and no members online