Amur Minerals Share Discussion Threads

[qui quaerit reperit] 17/9/2019 12:45

One more thing I am now confused with,As per RY, this year amc will aggressively ramp up the discussions with potential investors. This is exactly what RY have said.Taking into account now latest rns, have discussions now concluded if amc are on a ball sorting the paperwork for dfs?Who is going to finance the dfs?Like I've always said, I am for long term because of the potential and recourses, but I, and most of us, do understand the shareholder value "slightly" different from RY. The shareholder value should be increasing not decreasing... I understand amc is not generating money at this time hence it is difficult to increase the shareholder value, but this doesn't mean we should be watching our money ( even if its on paper ) disappearing... just in 2 days, amc in my portfolio is showing 15k usd loss...My calculations are in usd because I have to convert the money to and from gbp...And yes, I do understand the risks of investments etc:) but the risks should not be related to CEO messing about with his own statements...if you say something - do it, if you can't do it - move on or at least explain a failure in your own credibility...No I am not becoming a deramper lol, just really frustrated with RY...

[crazytowner] 17/9/2019 11:16

Its my personal belief and unlike many on here, I would not be saying it unless I was doing it.

[crazytowner] 17/9/2019 11:14

I understand people's frustration Seaclipper, communications should have been a lot better this year..None of us know when big news will arrive here, but with our deposit, potential and battery boom coming I am certain it will..Over the last few years it would have been great to have had an institution in board, but with location it would have been near impossible..I would argue that we don't need one now and that they may well miss out..I suspect that the next cash AMC recieves is from an exclusivity agreement... With the way the Nickel / EV market is, this could be from a top miner, battery manufacturer or car manufacturer.

[qui quaerit reperit] 17/9/2019 11:09

Understand mad, but what are your thoughts with regards to all info coming from Russia? Russians welcoming Chinese investment in Kun Magnier? Russian official Government agency stating that 0 money required for the project etc??? Why we have no any whatsoever info from amc???

[madengland_] 17/9/2019 10:58

Funding and small miners is never easy. Anyone seen what's happened to SXX today? The longer you ride it the bigger the potential rewards and equally the bigger the risks. My opinion is that Tom is on board as IG are likely to take that 25% stake, and coupled with the extra fund raising on the back of that, this will be fully funded to DFS. Then at some point in the next couple years we will be bought out

[patio58] 17/9/2019 10:47

Amur Minerals Public Relations BlytheweighMegan RayTim Blythe+44 (0) 20 7138 3203

[ebomber] 17/9/2019 10:44

I expect to see some large sell trades this morning if forward selling in anticipation of next placing

[madengland_] 17/9/2019 10:44

Sea I share the frustration mate, I've been in this nearly a decade....

[seaclipper] 17/9/2019 10:30

Mad....Patience ...how many more effing years....you state October will be good ...??? September should have been...still waiting yawn

[ebomber] 17/9/2019 10:28

Easy money to be made shorting this stock again.

The BoD need to be honest with shareholders of the dire financial situation and fact even bucket shops only want in at sub 1 pence.

Let’s see what happens this week on next placing. Today’s trades indicate forward selling.

[qui quaerit reperit] 17/9/2019 10:14

Honestly got enough thinking positive about this guy...Tom Bowens - we need him as CEO!!!

[inaminute] 17/9/2019 09:57

We do seem to have the ability to quickly turn positive news into a negative. It wasn't the shareholders who called the PFS a living document, for example, but by calling it such and then failing to provide updates has caused so much frustration. We have the Chair and CEO for a year talking about significant uplift in resources but then an RNS which allows the doubt to be raised that that is purely due to reduced COG. I have great sympathy for a company that has found and retained (100%, against the odds ) such an asset, and appreciate (to the extent I can) the difficulties of having to jump through the technical and bureaucratic hurdles to get approvals, potential funding etc. I think we now need more honesty, expectations have been allowed to run away with themselves.

[madengland_] 17/9/2019 09:57

I am with CT, this is a good time to top up, there might be down days from here but you'll never know. Patience.We know we are in a closed period between now and interims, hence Tom's quickly arranged share purchase. What baffles me is the absence of those 2018 results and the fact Robin doesn't acknowledge and show any empathy in his statement to clear investor frustration. I suspect close to the interim results we will here about some form of partnership with IG copper. And powder is maybe being kept dry to then give the share price a further boost with 2018 drill results, and a little more fund raising from existing shareholders. With financing to DFS then sorted, the master plan will unfold...... just a thought " Having completed the consolidation of our global exploration data set and the detailed review of the QAQC programmes for 2015 to 2018, the final GKZ Reserve and JORC Resource estimates are now being compiled. We anticipate a considerable increase in the resource and reserve inventory due to the newly discovered mineralisation identified during the 2018 field season."October will be exciting. Enjoy the Indian summer in the meanwhile

[loganair] 17/9/2019 09:46

As per norm, the next issue of shares to pay interest on the loan is seeing a dramatic fall in the share price then no doubt after the issue of new shares will see a 50% rise in the share price to allow these new shares to be off loaded to the Retail Private Investor who is desperate to get their money back after their initial buy in price of plus 10p.

[nando01] 17/9/2019 09:39

I agree. There is no point continuously supporting the BOD when they are not supporting us. Many here have put substantial amounts of money into this company, including myself, and all I see is my equity dwindling away.
There comes a point where we need to do something about this to stop the rot and it looks that point is now.
Why now start talking about the DFS again when we were assured previously that the PFS would be sufficient. Really poor management

[carcharodoncarcharias] 17/9/2019 09:24

Outside of field activities Robin Young has lied to us and failed us miserably.
He needs to stand down and let Mr Bowens take charge.

[crazytowner] 17/9/2019 09:21

Personally, I believe that the board have more important things to be focused on than whether the share price is 3 or 2p..Use this opportunity to top up in my opinion

[inaminute] 17/9/2019 09:03

To be honest I was surprised it didn't happen yesterday. Can't expect to put out a Dec 2020 date and not take a hit given the timescales and delays we've had here. It just plays into the doom mongers hands. Need some more news, quickly

[ebomber] 17/9/2019 08:53

NEXT PLACING IMMINENT

CARTEL SELLING RIGHT NOW!

[gizmohican] 17/9/2019 08:50

Totally agree