Amur Minerals Share Discussion Threads

[ebomber] 28/6/2019 10:53

In the event lost amongst the FILTERED



Projected Capital Costs
The projected initial capital cost for the operational design is based on public information, which has been calculated by staff and sourced by external organisations. Presently, the initial capital expenditure for a fully Toll Smelt operation and the Owner Operated furnace facility ranges from approximately $US 550 million to $US 700 million.

A summary of the initial capital requirements follow:

Smelt Only = $561.7 million

Infrastructure & Perm Facilities = $467.4 million

Mobile Equipment = $94.3 million

TOTAL CAPITAL OUTLAY = $1.123 billion


From the AMC website. Can this possibly be true? A £17 million company looking to raise over $1 billion in funds just to start mining?

Some would rightly conclude this will be challenging and ask on what timescale?

It is good to dream but to think these amounts of money could be raised is FANTASY.

LTH's need to sometimes wake-up and direct any anger towards their BoD's. The BoD's are in full control of the fate of this company and ultimately a shareholders investment.

FURTHER 98.5% DILUTION ON TODAYS SHARE PRICE FOR $1 BILLION FUNDRAISE.

STRUGGLING RIGHT NOW TO UNDERSTAND THE BUSINESS CASE TO INVEST IN AMC.

[edjge2] 28/6/2019 09:06

Metals taking a breather but I see nickel is starting to move upwards, am getting tempted to top up. Looks like AMC is beginning to come together with a truly massive resource, 4km pit, close to far eastern EV market. Big finace required though, maybe one of the big boys will do a JV in exchange for some profit. They may even be bought out with massive metals boom to come as $ crashes for a good while. Maybe over bullish but prospects improving here.

[seewhatimean] 28/6/2019 07:45

She has quite a few 'clients' but she gives me freebies as I say how pretty she looks. She doesnt BTW, but she has excellent 'technique' :-)

#anythingforablowiefromyourmum

[seewhatimean] 28/6/2019 07:44

Your mum does it so well for me. Not the ironing you understand. That is a hereditary issue. Sucking me off.

#justsaying.

[thedickster] 28/6/2019 07:41

I still have SWIM on filter, i'm presuming he's accusing me of having an affair with his GF, pictured sitting, above. I can confirm I am not. Nor would I ever. Go near her.

[seewhatimean] 28/6/2019 07:30

Loving the pictures.

Words are really not for you are they?

Blesssssssssssssssssssssssssssss!!!!!!!!!!!

[thedickster] 28/6/2019 04:06

All these great things in store for AMC and yet the share price is at a ten year low. You must have a novel dictionary duxy, with a new definition of the word clever ROTFLOL

[leechang] 27/6/2019 23:56

This world is crazy

[leechang] 27/6/2019 23:40

What??? You have ladyboy on bb???

[duxy786] 27/6/2019 23:34

It was only a part change, it was faulty. These things happen..least he-she is all sorted now so we can all move on.