Amur Minerals Share Discussion Threads

[jrewing3] 27/8/2019 17:50

Cartel members probably selling in the background, that's why share price falling on a daily basis. They have probably bought into another stock and ramping that. At least they have been exposed here

[jrewing3] 27/8/2019 16:57

Look like cash is finished and nobody willing to lend money to AMC. A board member has had to get cash. A complete red herring imo. This is game over imo

[ebomber] 27/8/2019 15:56

31 OCT 2019 NEXT ISSUE OF EQUITY to pay loan interest

[seewhatimean] 27/8/2019 14:34

Put the bottle down. You might have school today but it's no excuse.

[gizmohican] 27/8/2019 12:48

Amur Minerals Raises Over GBP150,000 As Non-Executive Takes Shares (Alliance News) - Amur Minerals Corp on Tuesday said Non-Executive Director Tom Bowens has ...
Alliance News27 August, 2019 | 10:23AMEmail Form
(Alliance News) - Amur Minerals Corp on Tuesday said Non-Executive Director Tom Bowens has subscribed for 7.5 million new shares, raising GBP162,972 for the company.

The subscription was priced at 2.165 pence per share, Amur's closing price in London on Friday last week. Amur said the lack of a discount makes the subscription "a more competitive source of funds" than the firm's current loan facility.

Following the deal, Bowens will own 7.5 million Amur shares, around a 1% stake in the nickel-copper sulphide exploration and development firm.

Shares in Amur were down 1.9% at 2.12 pence in London on Tuesday morning.

By Anna Farley; [e-mail]

Copyright 2019 Alliance News Limited. All Rights Reserved.

[russian turnip farmer] 27/8/2019 12:40

Can you imagine the stench of the seat of QQR’s computer chair?

[beltd] 27/8/2019 11:04

Madengland good to see you are still here after all this time. I'd be unsurprised if you are correct as timings and contacts look favourable. I have remained a patient holder as have many I know. Maybe it's time to follow Tom ;-)

[madengland_] 27/8/2019 09:32

And just in case anyone has forgotten 2016 rns...Amur Minerals Corporation Letter of Intent with IG CopperPosted by: giles.arbor 5th September 2016Amur Minerals Corporation (LON:AMC), a far east Russian sulphide nickel copper explorer, is pleased to announce the signing of a non-binding Letter of Intent ("LOI") with IG Copper LLC ("IGC") to investigate potential synergies in processing the companies' respective sulphide concentrates. The LOI was executed on 3 September 2016 at the Eastern Economic Forum in Vladivostok, Russia.Amur plans to create a concentrate treatment facility adjacent the Baikal-Amur Magistral railroad (BAM) to exploit existing transport routes and available hydropower in the region. Amur's Kun-Manie project will likely yield a single concentrate from its nickel-copper sulphide ores for smelting into a saleable Low Grade Matte ("LGM").IGC is in a Joint Venture ("JV") with US based Freeport McMoran and controls the Malmyzh copper gold deposit in Khabarovsk Krai, Far East Russia. The JV has recently obtained a production licence for the mining rights to the Malmyzh deposit, The Amur River and the Russian rail system provide ready access to this project.Both Amur and IGC are working closely with the Russian Far East and Baikal Region Development Fund ("FEDF"). FEDF is dedicated to the development of large scale projects in the Far East to upgrade the social, economic and infrastructural sectors of this vast region.Both companies recognise that substantial work is required to complete final evaluation of the metallurgical recoveries, concentrate generation, transport, and development of final saleable products for their individual projects. Because of the relative proximity of the companies' projects, there may be a substantial benefit in undertaking a collaborative effort in the combined processing of the concentrates which could identify mutually beneficial options and solutions to both companies' project potential and economics.As a collective, Amur and IGC believe that additional agreements could be included to further enhance the potential to add value to both projects.

[madengland_] 27/8/2019 09:27

I think a lot a big PI and big miners are quietly looking to ramp up exposure to nickel. The share price will motor if this picks up, as we all know I appreciate.

[madengland_] 27/8/2019 09:24

IG Copper..... could they be our partner to be? 25% stage would be allowed. So approx 250m shares..... would raise enough to get this to a mine, or get it sold. Tom Bowen joining the board was always an elephant in the room, surprised there was less chatter about it.

[inaminute] 27/8/2019 08:59

When I wrote my earlier message I could not find the RNS, it wasn't showing on my LSE feed or AMC website. Looking at the comments I thought it must have been a symbolic gesture in line with the directors share purchase scheme.7m+ and some are saying it's a negative!!!! The other directors who cleared this will have chapter and verse on why not insider dealing, also they've pointed out that it's beneficial to the company as acquiring funding at a beneficial rate.Very pleasantly surprised this morning!

[qui quaerit reperit] 27/8/2019 08:38

Why do they had to explain this move? You don't see this anywhere apart from closed period company!!!!!!Mr. Tom Bowens is a Non-Executive director of the Company, and is therefore regarded as a related party as defined by the AIM Rules for Companies (the "AIM Rules"). Mr Bowen's participation in the Subscription is therefore classified as a related party transaction for the purposes of Rule 13 of the AIM Rules. Robert Schafer, Paul Gazzard, Brian Savage and Ljupco Naumovski, being the independent directors for the purposes of Rule 13, consider, having consulted with the Company's Nominated Adviser, share price Angel Corporate Finance LLP, that the terms of the related party transaction are fair and reasonable insofar as the shareholders of the Company are concerned

[qui quaerit reperit] 27/8/2019 08:32

Agreed Mad, time for RY to swap with Tom.