Member Info for AIMtodeath

No more

Alara Resources says it can complete the capital requirements for the proposed 1Mtpa copper concentrate development at Washishi Mazzaza in Oman following the OMR3M sale of a 19% stake in JV company Al Hadeetha Resources. The sale to Alara Oman Operations, a member of leading construction and infrastructure business Al Tasnim Group, will reduce Alara’s JV interest from 70% to 51%. Australian-based Alara, which has been assessing opportunities to attract equity partners for its projects in Oman and Saudi Arabia, says having Al Tasnim as an equity partner in Al Hadeetha is a welcome development.

Well I thought it odd to apply for a licence so early as licence based on mine structure etc and that normally changes through scoping, PFS and dfs, but perhaps with us it's such a basic plan to scrape it off the surface there is not much going to change post scoping. Or we have it in early knowing the length of time!

If your failing to get past Lisburn at Xmas I'll get the extension lead out the window for you, can stop for a cup of tea... Going back that way myself for a week.

sorry Piedmont Lithium

They just raised $12.2m AUS/USD?? AS they are Aussie must be A$ so circ £7m oversubscribed.

For comparison against ABM..... in this climate.

So while it does show that a good project in a good location can and should see support, this company really was at the opposite end of the spectrum.... ;)

You really should have read something before posting because this company is noooooooooooo where in the same league as SAV or in fact any of the junior miners in FS stage across the markets.

ABM are the bottom of the barrel in AIM stocks, have part of something in DRC, just taken on 2 projects in Cameroon and dropped one in Sierra Leone, you wouldn't touch these projects with a barge pole...... and they are looking at Cobalt/nickel, too many better companies way further on than them will fill that void.

5.7p it is now for 50k......

Worth noting that between 2 Omani shareholders accounts for 35% of shares and addding in Swedish connections up to 40% add in a significant other plus the Directors and you would be hitting 45% in sticky hands. Take recent 9p placing and well those hands could easily take the sticky hands to 50%.....

only 100k left at 5.6p then its pretty thin..... better get those tranches in...

VW passed the buck to battery makers to get resources they needed to fulfill their contracts. BMW went to the Chinese. Tesla only car company to protect their supply to date. Last presentation I saw was awful, that's my opinion. It was like he mentioned us in it like a sportsperson would mention a sponsor. He will be useful in selling the technical side of the spodumene we produce to interested parties, however not a peep since he's been here. Whole offtake changes as we find more, it changes dynamic of any deal.

He's S*it then.....seen his presentation, delivered on a level for school children? Despite speaking English his presentation skills are atrocious. Why appoint specialist offtake consultants if you've already conducted long talks. Why pay someone to dot the I's and cross the t's when you've done all the hard work? DA always overstates and under delivers..... He does not control what drill results are, just lucky they are good.

With recent appointments I don't see offtake before new year, they basically said they were in advanced talks but then go hire people to conduct the talks...!? Bright side, we could be Bacanora today..... Flight due to fear of equity dilution like nemaska as unlikely to get more loans to finish financing.

If we can't get a simple mine process and low strip ratio mine past environmental then Portugal has no mining industry going forward.

Tropical,

For your info this is what MonayAM says about the sells/buys shown by them -
"It should be noted that all trade declarations made by the market do not include a buy or sell indicator and therefore we have to derive this information ourselves. The policy we have adopted is based on the mid price of the stock at the time of the declaration. For example, a trade declared at a price that is higher than the mid price at the time of declaration would be put in the buy column, a trade lower than the mid price would be put in the sell column. A trade which matches the mid price would be considered unknown. Please also note that the market can delay declaration of the trades for up to an hour in which case we will not make any assumptions and place that trade in the 'unknown' column. Please also note that many investors are able to buy and sell within the spread and also users of level 2 systems will actually be buying at the perceived sell price, these trades might therefore appear to be wrongly categorised."

Also to note that when a trade is delayed it does not show a buy/sell signal based on the time that it was made, it gets designated at the point of declaration, so if the market has moved since the original trade time the delayed trade will show incorrectly, you have to go back to the time of trade and look at the spread and/or trades around that time to correctly identify a delayed trade.....

Hope it helps...

10.54 another 250k buy delayed showing as a sell As price has popped again, probably another 250k going to show later for moving price to 6.2/6.4

It was the reason for the price popping just after that time.

If rest of world prices follow Aussies in the morning. Mineral resources sold 50% of their 251Mt Wodgina mine with hydroxide production for $1.15b (up 23% currently) All my watched Aussie lithiums are up. Acquisitions of hard rock in the air..... Of course Trump might tweet and everything will tank instead....

just for info