Amur Minerals Share Discussion Threads

[seaclipper] 28/2/2018 11:45

Reading again the last RN, I reckon we could have up to at least six very important and share price lifting RN`S to come through this year, besides other items RY has not informed us about he has hidden up his sleeve ??? and he will have some.

[madengland_] 28/2/2018 11:04

Blue Goose as oppose to the cheap brand vodka

[1i1i1i] 28/2/2018 10:40

- VIP guest, wonder what that entailed?

[tadastadska] 27/2/2018 21:12

Hi Bwana:)Agree a bit interesting and not expected rns with regards to getting rid off a "middle man"... apart that all sounds ok to me.I've noticed it is now second time they are trying to tell someone something....if we won't find a partner we will find the money...Similar thing they've said a few weeks ago,its like there is someone but they don't agree on money.Me too,I haven't sold a single share and will hold until my target is reached,if not,there is a golden rule - don't invest more then you can afford to lose...:) if this goes to 2p as some gurus are predicting I will add 50% to my current holding and will wait for £1 party:)))Would prefer they take a second option and get a loan from the Government,oh and if already mentioned government,I have posted last week a new Law requirement if you want Government funding you must comply with new Construction requirements,in todays rns they have said they will make sure all Government requirements are meet,so why would they want to meet all requirements if they were not to apply for Government funding...GL

[tadastadska] 27/2/2018 17:29

Agree logan,I am surprised markets didn't knew this already as this was a case for a last 6 months,a few rns mentioned this year being a game changer...
Interesting times ahead:)

[loganair] 27/2/2018 17:23

tad - Nothing to be confused about. The RNS was Amur going from exploration to production which meant uncertainty.

Markets like Certainty and Clarity.

[tadastadska] 27/2/2018 16:57

Amur may become a direct supplier,you would think it is good news hmmm...confused now..

[tadastadska] 27/2/2018 16:54

What was so bad in todays rns for the share price to drop???
No timescales?Well how can you give a timescale if you don't know how long it may take for independent confirmation....

[madengland_] 27/2/2018 13:44

"We are just going to keep going down this road" he says (Despite the whining and whinging on advfn and other BB)Conviction. Invest with it and invest in people who have it.

[madengland_] 27/2/2018 13:42

"If some kind of deal comes along in the meantime, though, so much the better."Streaming of the Cobalt and a JV with one of the 50 EV manufacturers in China springs to mind. China produces over a third of the 90m vehicles made each year and China is the main player in the EV market.

[peawacks] 27/2/2018 13:23

“Our basic premise has always been that we will keep driving this through towards production,” says Robin Young of Amur Minerals Corporation (LON:AMC).

Amur has just released details of the 2018 programme of works for its Kun-Manie nickel sulphide mine in Russia, and the emphasis is now shifting further and further towards development.

Drilling will occur this year, but much more emphasis will be placed on metallurgical work, updating the open-pit and underground mine plans at IKEN/KUBUK, boosting the resource base on data already being processed, doing metallurgical work, and wrapping an economic model around all the results.

Young expects an independently audited pre-feasibility study to be in place by the end of the second quarter of this year, with some of the work likely to be at full-feasibility standard.

“We’re just going to keep going down this road,” he says.

“We’re going to meet all the requirements of the Russian authorities. And we’re going to keep to our basic premise which has always been that we will keep driving this through towards production. If necessary we will find financing to do it ourselves.”

If some kind of deal comes along in the meantime, though, so much the better.

“A deal will be done when the time is right,” says Young firmly.

In the meantime, buoyed by a new funding facility from Riverfort, the company is in a strong position to press on with this year’s work programme.

This year will bring a new flavour to the work though, one added by the near-unique nature of the nickel deposit at Kun-Manie.

As is well-known, with a resource invenotry of more than a million tonnes of nickel equivalent, Kun-Manie is one of the last remaining major nickel sulphide deposits in the world, and as Young points out, the largest in the vicinity of three of the major demand centres for electric vehicle batteries, China, Korea and Japan.

Nickel is a key component in electric vehicle batteries, but from an economic perspective not every nickel production source is suitable.

That’s because the processing nickel from out of the remaining major source, laterites, is very expensive when it comes to manufacturing the sulphate form of nickel required for batteries. Nickel sulphides, like Kun-Manie, are much cheaper.

All of which adds another dimension to the potential offering from Kun-Manie.

“We know we can generate a concentrate,” says Young.

“We know we can sell it to a smelter. But there is also the possibility we could make our own concentrate and generate sulphate minerals for use in batteries, cutting out the middle man. So we are taking a close look at what it would take us to become an end-product supplier all the way down to the battery makers themselves. We are the largest sulphide project near the Chinese market.”

What’s more, although the location of Kun-Manie in Russia has sometimes been seen as a negative on Western bourses, in terms of cutting battery-related deals in the Far East, it could actually turn in to a benefit.

“The Russians and the Chinese have good working relations,” says Young.

In the meantime, much hard work remains to be done.

“We’ll be staying the course,” says Young.

“We’re focussed on what we’re doing. The resource update, the life of mine work, the underground updates, the met work – all of these things move the metal forward.”

[peawacks] 27/2/2018 13:21

[...]

As a was sayin', RY has a strategy.

[1i1i1i] 27/2/2018 12:55

Wonder how the VIP meeting is going today?

[1i1i1i] 27/2/2018 12:06

Well we won't be paying for it will we?

[loganair] 27/2/2018 10:44

More cash burn if getting the mine into production.

[1i1i1i] 27/2/2018 10:35

Less cash burn if you're not constantly digging! ?

[peawacks] 27/2/2018 10:29

Exactly, seaclipper.
RY has a strategy. I don't see a problem.

[seaclipper] 27/2/2018 10:07

This 2018 programme has been substantially upgraded to assess the potential of the Company to generate product that would be suitable for battery use. With the potential disruption to the nickel and cobalt markets related to Electronic Vehicles ("EVs"), new additional options are available to the Company further increasing the project viability, which is important with regard to project funding. " This also expands the field of strategic partners for consideration."

Seems by saying that, there is plenty of interest wishing to join us in this in this project.

[orchestralis] 27/2/2018 10:03

Wheres the pfs Robin?

[loganair] 27/2/2018 09:44

The reason why I think the share price is down to day is because Amur is now beginning to focus on project development rather than exploration which seems to me has created uncertainty, where's the funding coming from going forward and exactly how is the mine going to be developed.

The market always prefers, certainty and clarity.

[peawacks] 27/2/2018 09:39

Not bothered, these are for the kids !