Amur Minerals Share Discussion Threads

[peawacks] 11/3/2016 09:58

The ' iceberg' is manipulating this market. Let's hope HMS Amur Minerals has its radar switched on.

[perch3] 11/3/2016 08:14

Nice little bit of buy volume this morning

[duxy786_2] 11/3/2016 07:28

Guess he means fractured.

[shankat] 11/3/2016 07:12

Good question. Note brackets. Osteopath my new best friend.

[nicksig] 11/3/2016 07:07

How can you dislocate a rib?

[shankat] 11/3/2016 04:21

Oops, apologies. First go and posted twice doh

[shankat] 11/3/2016 03:24

Today could be interesting ...

[crazytowner] 11/3/2016 01:15

Agreed Mad. In my opinion Crede being able to purchase such sizeable quantities sub 20p is wrong. Ultimately the BoD entered into this agreement under unusual circumstances, if this March tranche happens at these low prices without any news and following their deliberate hiding of shareholder information then i will be looking to remove them as my trust will have gone. Just a few hours until we find out.

[gizmohican] 10/3/2016 22:50

Good reading many thanks

[madengland_] 10/3/2016 22:06

Thanks for sharing posts above.It's all looking like the ducks continue to line up. :-) At this price this is a gift, one helluva gift for Crede. The latter bothers me as it's immoral but it does not knock my confidence in where we are heading

[nicksig] 10/3/2016 20:10

I think 100p for AMC is quite possible medium term (2-3 years) or sooner if they find the right JV partner. If SXX comes good this month I'll take some profits out to double my holding here

[peawacks] 10/3/2016 18:40

I see we have a phantom rasberry blower on the board ! lol !
He seems to be stalking 3Noddy, even though noddy's posts are strictly factual.
Why would you bother voting down purely factual info, Phantom Rasberry Blower ?

[peawacks] 10/3/2016 18:31

£500m would give AMC 100p per share ?

[investment dave] 10/3/2016 18:15

Massive upside here that ChArt looks good

[3noddy] 10/3/2016 18:09

More from Frak (of course)....

The comparison chart (Kun-Manie v Kevitsa) is worth a re-post

"The light on the horizon is First Quantum’s Kevitsa operation, which commenced operations in 2012 with a capital cost of US$400m, mining and concentrating feed of around 0.3% nickel, 0.2% copper, 0.14g/t gold and 0.28g/t PGM to produce around 9ktpa of nickel in concentrate at a cash cost of US$0.10/lb due to its significant by-product credits"

[3noddy] 10/3/2016 17:58

Just a few snippets from an interesting article (you`ll have to register to read it)........

09 Mar 2016
Beijing’s FDI juggernaut lets rip.

"Make no mistake, China is not pulling in its horns when it comes to investing in raw materials overseas."

"In the last eight weeks alone, Chinese companies have spent hundreds of millions to secure minerals in Africa and elsewhere just as pundits were suggesting Beijing’s scramble for resources was heading into the sand."

"So while Western groups such as Glencore, Trafigura and Eurasian Resources move to shrink supply after millions were wiped off their share values, the Chinese appear to be ready, able and willing to exploit low prices for their own strategic advantage.
A report from the International Monetary Fund said China was still the world’s biggest buyer of industrial metals."

Dominic O’Kane, equities analyst at London-based broker JP Morgan Cazenove told Mining Journal “the volumes of capital and transactions would indicate there has been a slowdown, but China remains the world’s largest consumer of commodities, so it will have an ongoing interest in maintaining security of supply and, if high quality assets become available, expect China to be in the bidding process.”

"Last year Chinese companies invested an estimated $110 billion abroad, up 16% on the previous 12 months, according to figures from AEI and the Heritage Foundation, two US think-tanks."

"China’s Ministry of Commerce recently said in order to meet the increasing demand for resources and energy during industrialisation, China still has “a large need” to invest in the energy and mining sectors."

[3noddy] 10/3/2016 17:35

I like this bit:

"Swedbank analyst Ola Sodermark said there had been speculation Boliden would buy the mine and the market had likely expected a lower price tag, but he added it could be a good deal in the long term.

"It is only in times such as these with very tough raw material markets that they can lay their hands on an asset like this in their own backyard," Sodermark said."

[3noddy] 10/3/2016 17:35

Just posted by Frak on iii:

Kevitsa sold

$712m.. that will do me!

Kevitsa grades are about 0.3%

[beaversbad] 10/3/2016 17:19

Paragon O paragon where r thee me old chumplet!! Hope you are not bouncing on that horrible trading platform !!!? Or better still, are you round Robins house playing tiddlywinks !!!!

[madengland_] 10/3/2016 17:16

Para has been consistent and spot on imo. To me that throws us PI a great opportunity.