Amur Minerals Share Discussion Threads

[roofer2] 06/3/2017 10:22

AMC started at 9,2p on the bid this week, already showing a loss as if falls from the 18p high down to my predicted 3p, all the so called longterm holders are now holding massive % losses now IMO

I see madengland has cone out of hiding claiming to have bought more shares few weeks back to average down YET again, yet again showing a loss the he isn't worried about as AMC falls yet again towards my 3p forecast IMO

R2

[joemillion] 03/3/2017 15:44

About time Roofer or his employer closed his short isn't it?

[younasm] 03/3/2017 15:07

"The nickel grade is not good " ??Quote of the weekAMC must be losing billions at this rate.Have a good weekend.

[badmashy] 03/3/2017 14:56

Now spread is now normal for last couple of days it was very tight wonder why.

[lovelyjubly1] 03/3/2017 14:31

where has 'Callmeb' gone?
is he on holiday?

[peawacks] 03/3/2017 14:24

Two more blanks, roofer. Lol !

[roofer2] 03/3/2017 13:26

Peawacks, who you trying to kid, you've never filtered me in the 10x you protest to say ! I have called this right everytime, I'll be proved right yet again IMO

You are the egg man, work it out !!

R2

[roofer2] 03/3/2017 13:18

The mm are doing a great job keeping the bid at 8,7p before the stacked up sell off a little later IMO

R2

[peawacks] 03/3/2017 13:17

Putting the trolls on filter makes this board much more interesting now that most people have left to join the other AMC thread Dozens of one line roofer posts, all filtered !

[seaclipper] 03/3/2017 12:51

Dooofer 2 - you spin out utter tripe m8

[roofer2] 03/3/2017 11:28

The nickel grade is not good enough, the development costs are sky high, the price of nickel has fallen as demand for nickel falls, many productive mines are closing the near $1 billion development cost are too high hence no firm interest in a JV IMO

AMC are going to need yet another share issue very soon as cash burn begins to bite in the 7 months reserves IMO

R2

[roofer2] 03/3/2017 10:47

Tbh I can't see AMC being that stupid as to run out of money then try a share finance, AMC have enough finance for around 7 more months, then what, I think a share finance plan is being put in place just like the crede deal was last time, the RNS came out of the blue and crede was sold to us as longterm investors, that proved to be yet another untruth IMO

R2

[thunders] 03/3/2017 10:44

Looks like everyone has forgotten the potential of Amur....

With more than 80 million ore tonnes of the 101.3 million resource tonnes classified as Measured and Indicated resource, we anticipate having two thirds of our Life of Mine reserve defined. It is rare to see a junior resource company have such a large asset with so much of it drilled to such a high level of confidence. Reserve definition is the next stage which will include an audit of our mining costs. Based on this information, production of 40,000 to 60,000 nickel tonnes per annum to concentrate is anticipated and would place Amur in the top ten producers of nickel in the world, ranking around Number 8."

[roofer2] 03/3/2017 10:12

The falls from the over ramped 18p have continued this week, j don't expect any change next week, the RNS that will confirm thd share issue could come at any time IMO

The worry for RY is, hitting the 4.5p mark before the RNS is announced IMO

Good luck lads

R2

[ajrgy1] 03/3/2017 10:05

Are you from Manchester?

[roofer2] 03/3/2017 10:01

i suspect the share issue could be around the 4.5p level giving around a 50% short opportunity to attract a finance company, not as much as crede got but still worth doing IMO

R2

[roofer2] 03/3/2017 09:55

The expected RNS on the finance share issue can't be that far off now, I expect a vote meeting to be in some far away country with yet another shorting company like crede and lansteed IMO

R2

[roofer2] 03/3/2017 09:52

I expect the MM to play a good game today, the Friday sell off this afternoon will brutal as we all at AMC witness yet another return to 3p IMO

R2

[ajrgy1] 03/3/2017 09:10

Roof you are not alone.....

[roofer2] 02/3/2017 18:30

I see any negatives on the ramp only board are getting deleted by crazyidiot, well how about all the posts saying its a billion$$ company when the facts today are its worth less than the over priced £51 million being deleted for ramping ???

Massive sells today, I expect them to continue selling as AMC plummets towards 3p IMO

R2

[roofer2] 02/3/2017 14:32

Patio582 Mar '17 - 13:44 - 477 of 478 3 0
MM having a good shake here. If you've done your homework then take advantage of these levels. Remind me of the tiny market cap here? It won't stay like this for long.

I did my home work, that's why I called it down from 18p

Patio didn't do any homework fell for the ramping, blocked all the wise guys so lost out big time IMO

Hope the grandkids have forgiven you for buying AMC shares with their money gla

R2

[hpcg] 02/3/2017 12:32

It took a bit longer than I expected, and I mainly loaded up at 10p rather than 15p, but finally company with soil, rock, a 200 mile track from the middle of nowhere to the edge of nowhere and no money is trending towards an appropriate value. Any funding has to be below the 2016 low surely. Presumably they can get a care and maintenance (of the directors) amount away but that will be a low absolute amount? 3p seems too high to me.

[roofer2] 02/3/2017 11:33

I can see at least one other poster getting band on the crazyidiot ramp only thread!! Gla

R2