Amur Minerals Share Discussion Threads

[gb99165] 02/4/2019 09:10

Share price not going to move with momentum until finance deals are agreed and I'm envisage these will start this year. 2018 results in PFS will only spike for a few hours and then come down again.

[bwana4] 02/4/2019 09:07

ISA, time on the 8th and we don't want a spike in the share price for the time being.
The share price will move when the 2018 drilling results are included in the PFS.
After that I expect news flow to start gathering pace. Just patience needed now.
Nickel price moving in the right direction too.I feel sure 2019 is a big year for AMC.
ATB.

[jrewing3] 02/4/2019 08:19

Lol

Yes blue sky here too

[duxy786] 02/4/2019 07:29

We always knew nickel would recover....RY predicted this and so far he hasn't been wrong...next 12 month here will be huge for Amir....Watch the naysayers disappear when the big blue days keep happening daily

[roofer2] 02/4/2019 07:10

Yet more pointless cut & paste rubbish, it’s got to get to production to be effective, the industry are mothballing better mines already in production as the industry recession bites, $1 billion far too big a gamble, you can bank on yet more share finance deals though!!!
Imo

R2

[gizmohican] 01/4/2019 21:51

Tim Treadgold: With stockpiles shrinking as demand grows, nickel is Macquarie’s clear winner for the next five years
Tim Treadgold is a Perth-based journalist who has been covering the resources sector for more than 40 years
Tim Treadgold is a Perth-based journalist who has been covering the resources sector for more than 40 years.
Nickel is the clear winner in a three-stage minerals and metals “beauty parade”, scoring top marks as an investment over the next 12-months, 24-months, and a shared second place in the five-year category with its battery cousins, lithium and cobalt.

Interestingly, lithium and cobalt are not expected to join nickel as short-term winners because the current glut of material is overwhelming the market for electric cars which received a fresh setback this week when China cut subsidies for battery-powered vehicles.

The metallic parade is the work of Macquarie Bank which regularly looks at the full basket of minerals and metals as part of an exercise in separating winners from losers over the short, medium and longer term.

While not a stock-specific exercise the bank’s commodity selection is a potentially useful guide of where to position the speculative portion of an investment portfolio – and, more importantly, where not to because the risks might be unacceptably high.

The two biggest losers over the next few years, according to Macquarie, are palladium and metallurgical (steel-making) coal, with their negative outlook largely a function of strong recent price rises triggering a supply rush which is coming to an end, taking prices down.

It’s a very different picture for nickel, a metal which has largely been consumed in the production of stainless steel but which has just acquired an important new market as a key ingredient in long-life batteries.

According to Macquarie the addition of battery demand is a key factor in it forecasting a 20% rise in the nickel price over the next 12-months to around $US15,000 a tonne, and then up again to $US17,000/t in 2021 – and all the way to $US20,110 in 2024.

Major increases in nickel production are underway, led by the process known as Nickel Pig Iron, which is a specialty of Indonesia and the Philippines. But there should be enough demand to go around which is why Mincor, a company which mothballed its mines in WA several years ago, is dusting off re-opening plans, and why BHP is reinvesting in nickel after attempting to sell out.

Macquarie reckons a deficit in global nickel production has seen stockpiles shrink from 22 weeks of supply in 2016 to 11.6 weeks today, with the shrinking trend to continue, reaching 8.7 weeks in 2021.

“The amount of nickel used per battery could more than double over the next five-to-seven years,” Macquarie said.

“For car-makers to realise their goals, nickel supply growth over the next 10 years will basically need to outperform any growth cycle in nickel’s history.”

Gold and silver are rated second best in the short-term section of the bank’s preferred commodity list, with platinum rated third-best over the next 12 months, gold and silver thanks to the neutral (to falling) interest rate position of the US central bank as well as emerging risks to global growth and inflation, and platinum thanks to car makers swapping away from high-priced palladium.

[plat hunter] 01/4/2019 19:06

Add them to you GIA if you had any sense, crystallize your losses and move it into your ISA next year if you insist on buying here

[duxy786] 01/4/2019 18:44

Will be looking at adding more in to next year's ISA come Monday 8th as we start the new financial year.

[jrewing3] 01/4/2019 15:02

Duxy still banging on about the 50% rise which was on the back of his cartels secret document

Lol

[roofer2] 01/4/2019 13:04

How many different accounts do you have Duxy, only the delusional talk to their own posting, as for the ramping posts thinking that will help the S/P well the graph answers that question !
Imo

R2

[duxy786] 01/4/2019 12:02

We are now nearing a massive chart reversal. Have added just over 250k here last two weeks in multiple lots.Keeping quite and slowly adding in to the ISAs as funds become available.The naysayers will disappear as they did on New year's eve when this shot up 50% in seconds. Watch it happen as and when the JV news hits.

[gb99165] 01/4/2019 11:28

I'm aware of his previous postings - its irrational to think he can make comments with the mindset it will pull down the price. MM and II have the power to move the price and not useless ineffective comments by a sole/multiple members of a BB.

[seaclipper] 01/4/2019 10:29

Nickel price going well today, it will continue that way :-)

[gb99165] 01/4/2019 10:16

So don't read that board - what's wrong with you?

[loganair] 01/4/2019 10:11

I notice on the new BB set up by Qqr either it is just him posting his usual reams of useless imformation that is just a distraction from what is really going on while the other posters seems to just comment on how well the nickle price is doing.

[gb99165] 01/4/2019 10:06

I'm pretty confident most other readers on this board are thinking: SELL THEN with regards to your comment "wish I'd never got involved with this rubbish !"

[crazytowner] 01/4/2019 09:41

The Nickel price is going to be extremely interesting this year as the LME stocks head towards zero.With the extra 500k I believe that AMC thabe what they believe is enough to get us sold / JV'd without coming back to the market.I'd say the time frame is now to 6 months.Once this becomes more apparent to investors the share price will go mental in my opinion

[nolosstillsell] 01/4/2019 07:56

Nickel price back into the $6's this morning. A good start to the week. :)

[roofer2] 01/4/2019 06:58

Now at a price of 2.5p I can’t see this recovering with yet so many share finance deals to be still completed, with no income or sign of a joint venture to finance the near $1 billion project I fear yet more share finance deals to milk it yet further till its lights out, wish I’d never got involved with this rubbish !
Imo

R2

[plat hunter] 29/3/2019 11:14

There is no knowledge of AMC that's the problem lol

[loganair] 29/3/2019 11:08

This BB has now become so Toxic with personal attacks after personal attacks with very little exchange of knowledge on AMC, Mining, commodities or Russia.