Amur Minerals Share Discussion Threads

[nooky bear] 22/3/2018 17:41

We made this week 120.000 pounds. Easter bonus 8.000 pounds p.p. N

[edjge2] 22/3/2018 13:31

Definite possibilties possibly suffering antirussian sentiment. 4.5 would be nice.

[peawacks] 22/3/2018 11:47

Thanks, nooky.

'The general public holds a substantial 98.16% stake in AMC, making it a highly popular stock among retail investors. This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. This is a positive sign for an investor who wants to be involved in key decision-making of the company.'

[nooky bear] 22/3/2018 11:37

hxxps://simplywall.st/stocks/gb/materials/aim-amc/amur-minerals-shares/news/breaking-down-amur-minerals-corporations-lonamc-ownership-structure/

[madengland_] 22/3/2018 09:24

Assured supply is always vital as we know.

[peawacks] 22/3/2018 08:47

Better battery technology could wipe $5000-$7000 off the price of an EV. Wow !

[peawacks] 22/3/2018 08:39

Yes, Mad, the thing coming across now is the different battery technology for different uses. Many new types are years or even decades away. I think our commodities are safe for now, but things are very much open to change.Manufacturers have to work with what they have now !

[madengland_] 22/3/2018 08:24

Just had a skim pea, thanks for posting. One to read on the sofa with a cuppa.One thing I think will happen over the years is the emergence of different solutions for different uses. The big difference between this change and that of the combustion engine replacing the horse, is the materials. Lithium, Cobalt are two materials that are not abundant, where Nickel is more so. That said, where we run cars on petrol or diesel, lorries on diesel and jets on aviation fuel, I think we will see many different forms of battery. Economics will drive the development, and within that there will be many trade offs. The whole environmental picture will also drive much thinking, and even out of the field of batteries, raping the planet for cheap NPI is becoming unacceptable. Energy storage is something that is going to go way beyond EV as we learn to utilise the sun, wind and waves more. Sustainable energy needs lots of storage, Nickel I am confident will play it's part. Let's hope Potanin wins the Nornickel battle, he will be opening the cheque book, maybe we will benefit? Am sure he would not want to lose market share to the Chinese in his back yard

[peawacks] 22/3/2018 08:00

hxxp://wardsauto.com/site-files/wardsauto.com/files/uploads/2017/11/WardsAuto-BigStory-1117B.pdf

This is of interest.

[tadastadska] 21/3/2018 22:50

AMC website updated,well worth to read:)

[madengland_] 21/3/2018 16:07

Agreed. My rough on this one is....from the back of a bumpy cab ride in the heatCapex costs to get the mine running and potentially smelters etc + Road cost - any future infrastructure funding + purchase price for AMC = IRR of 25% I use 25% purely as an example, giving a 4 year loan payback. The mine plan will be designed to max the early years cash flow. The undrilled exploration potential adds to the prize for our purchaser. Its easy to see early years ebitda of over 750m, maybe by some margin. So I can see a price tag for AMC over 1bn being very accretive for say Jinchuan.

[tadastadska] 21/3/2018 15:59

derampers - just read again and again,and again...!!!PRIORITY PROJECT!!!
What do you need to realize the potential?

First, in order to realize the potential of the Amur Region in the part of creating the VRMW, to continue the implementation of priority projects in the region:

The center for extraction of minerals is determined by the development of mining and processing of iron ore, coal, gold, nickel:
Development of new gold deposits of the Selemdzhinsky region;
Development of the cobalt-copper-nickel deposit "Kun-Magnier", located in the north-eastern part of the Zeya district. There are prospects for the development of the Garinsky iron ore deposit;

[tadastadska] 21/3/2018 15:57

Search/phrase/Amur/kunmagnier/yandexruIn accordance with the resolution of the meeting of the Industrial Committee of the ONF "Improving Labor Productivity and Creating High-Performance Jobs",it was decided to hold a series of conferences in more than 70 regions of the Russian Federation: "Creating high-productivity jobs is a growth strategy for Russia.The purpose of the cycle of regional conferences is the organization of a broad public discussion within the framework of answering questions about stimulated and the process of creating high-performance jobs in the region and at the federal level, improving the efficiency of employment in the Russian economy and supporting labor market stability.The Decree of the President of the Russian Federation of May 7, 2012 No. 596 "On Long-Term State Economic Policy" provides clear targets in the area of ??socio-economic development: by 2020, Russia should have 25 million VRM.In speeches at the conference it was noted that jobs are wages, and income at work is the main source of income for the population. High-performance jobs are modern technologies, high labor productivity and decent wages.In fact, the creation of the VPRM - the goal that unites the entire society - is the high salaries of people, the high level and quality of their lives, the high profits of enterprises and, accordingly, high tax revenues, i.e. high budget revenues.At present, there are 16.6 million VRM in Russia, the number of VPRM increased by 3.88 million units since 2011, and today, consolidating its actions, we can execute the Presidential Decree, having directed all efforts to provide the conditions for the creation jobs in non-primary business.According to the Expert Center under the Commissioner for the Protection of the Rights of Entrepreneurs of the President of the Russian Federation calculated on the basis of data from the Federal Tax Service, in the Amur Region there are 68 thousand VPRs:Branch-leader in the number of jobs with more than double the advantage - financial activity (92.1 thousand units). At the 2nd and 3rd places there were trade sectors (41.4 thousand units) and construction (40.6 thousand units). Thus, the first 2 places in terms of the number of jobs occupied industries that do not create high real value added. In the top 10 also fell into the manufacturing industry - food production (6.7 thousand units).Leaders in terms of the number of VRMs are industries that are not included in the top three in terms of the number of jobs - agriculture (13,400 units), production and distribution of electricity, gas and water (11,400 units) and extraction of useful fossil (11.0 thousand units). The financial sector, the leading in terms of the number of jobs, is not characterized by effective employment - the industry is not included in the top 10 branches of the region by the number of VPRs. The large sectors of trade and construction, and the number of VLMWs occupy 4 and 5 seats respectively.In terms of value added, it is the first place in the financial sector (33.0 billion rubles). The second - the extraction of minerals (27.9 billion rubles.). Also in the top 10 industries in terms of value added were 2 industries: manufacturing and distribution of electricity, gas and water (14.7 billion rubles.) And the food industry (4.2 billion rubles.)According to the share of the VRM, in the total number of jobs in the leaders - extraction of minerals (62.3%) and agriculture (61.1%). They are followed by the production and distribution of electricity, gas and water (44.2%), health (42.9%) and food industry (38.1%).The potential of creation of VPR in the Amur region is estimated by experts as high:In the case of the implementation of the Growth Strategy aimed at encouraging private business to create VRM by improving the risk / reward ratio, the Amur Region will be able to increase the number of VRs up to 83,500 units. (+29.9 thousand units) by 2020.What do you need to realize the potential?First, in order to realize the potential of the Amur Region in the part of creating the VRMW, to continue the implementation of priority projects in the region:The center for extraction of minerals is determined by the development of mining and processing of iron ore, coal, gold, nickel:Development of new gold deposits of the Selemdzhinsky region;Development of the cobalt-copper-nickel deposit "Kun-Magnier", located in the north-eastern part of the Zeya district. There are prospects for the development of the Garinsky iron ore deposit;The development of Ogodzha coal deposit.The gas processing center is defined by the construction of the Siberia-Siberia gas main pipeline making possible the construction of the Amur Gas Processing Plant (Amursky GPP) near the town of Svobodny:Deep processing of 49 billion cubic meters. m of natural gas per year and production of products with a high share of added value;Construction of the Amur gas-chemical complex. The implementation of the project involves the construction of two stages with a capacity of 1.2 million tons of products per year. It is planned to build a methanol plant.An energy regional center will be formed with the completion of the construction of the Nizhne-Bureyskaya HPP, which will increase the generation of electricity by 1.65 billion kW. h .:The development of generating capacities will ensure the implementation of energy-intensive projects, including the electrification of the Baikal-Amur Mainline, the construction of gas processing complexes, the cosmodrome, and the organizations of processing industries.The creation of the space center is determined by the construction of the "Vostochny" cosmodrome, oriented to the use of modern technologies, the integration of space activities with regional industry, science and education.The development of the agro-industrial center is ensured by the implementation of projects aimed at the production and processing of agricultural products produced in the region.Increase in the volume of processing of agricultural products;Construction of livestock complexes of vegetable and potato storage, complexes for processing and storing grain.The Regional Tourist and Recreational Center provides for the creation of comfortable conditions for the tourism sector of the economy through the formation of the tourist and recreational cluster "AMUR" that includes the tourist and entertainment zone "Golden Mile":Construction of a cross-border cable car: a year-round passenger communication between Russia and China.Construction of a border bridge across the Amur River. The project is implemented on the terms of an international concession. The projected capacity is 4 million tons of cargo, 2 million passengers.Optimal population resettlement in the region:Construction and settlement of the city of Tsiolkovsky with a population of up to 30 thousand people and a modern microdistrict for 5 thousand inhabitants in the town of Svobodny.The infrastructure facilities for the provision of development centers are formed taking into account the prospects for regional settlement. The second is to implement systemic solutions at the regional and federal level aimed at stimulating the business to create the VPR in the Amur Region.Increase profitability: lower interest rates on loans, lower the tax burden, lower final tariffs for infrastructure monopolies, stimulate demand);Reduce risks: reduce administrative and criminal pressure on business, improve the judicial system;Implement other system solutions: spatial development, activation, the introduction of commercial "sleeping" property and land assets.

[euclid5] 21/3/2018 15:02

Was just working out a approximate Gross NPV value, without all the exact details

I guess the PEA released in about 12 weeks (someone mentioned that in the LSE board) will give us a better insight

Whatever way you cut the mustard here, $20b IGV is huge

We are trading at 0.25% of the $14B IGV

[edjge2] 21/3/2018 14:00

had a few, seems amc have just what china need and base metals have been moving up, wether they'll ever get an once of metal out is another thing. Moving up 7% after the doldrums.

[madengland_] 21/3/2018 13:53

Euclid interesting thought. My understanding of the economics here is that the IRR in the first 5-7 years is the critical figure. Of course the overall value of the metal in the ground over the life of the mine matters, but the loan repayment years are very much determinants

[amt] 21/3/2018 13:08

Interesting euclid5 but not sure how accurate my numbers are. If the price of Nickel recovers it would have a massive impact on the numbers.

[euclid5] 21/3/2018 10:44

calculating some rough figures on Amt's 50% net value we get interesting figures:

$20b x 50% = $10b / £7B Gross NPV div 635m shs (excludes future dilution) = £11 Gross Npv per share (excludes capex / dilution / farm out's)

Taking just a 1% value in the ground on the above:

£7B x 1% = £70m / 635 shs = 11p

[euclid5] 21/3/2018 10:02

calculating some rough figures on Amt's 50% net value we get interesting figures:

$20b x 50% = $10b / £7B Gross NPV div 635m shs (excludes future dilution) = £11 Gross Npv per share (excludes capex / dilution / farm out's)

Taking just a 1% value in the ground on the above:

£7B x 1% = £70m / 635 shs = 11p

[nooky bear] 21/3/2018 09:32

Waiting for autumn, then is the sibirian investor hike time. Spread your traps and exempt them.

[nooky bear] 21/3/2018 09:31

Waiting for autumn, then is the sibirian investor hike time. Spread your traps and exempt them.

[amt] 21/3/2018 08:55

Ok thanks Loganair so thats 1 to 3 billion today.

[loganair] 21/3/2018 07:26

amt - If a company was to sell a mine with the stuff in the ground, depends on what stage of development the mine is in the stuff is worth between 10% and 30% of the above and dug out value.

[amt] 21/3/2018 07:21

Loganair it looks like recoveries are much higher than 10%. From the interims
recoveries are 80.63% for nickel, 83.78% for copper, 61.4% for cobalt, 59.6% for platinum, 82.3% for palladium, 63.7% for gold and 70.5% for silver.

Mining cost at say 40% of the resource (60% margin)

so say recovery 80% × 60% gives 48% lets say 50%

50% of 21billion less some operating costs still gives over 10 billion over say 20 years 500m per annum. I am ignoring discounted cashflow but on that basis there is an apparent anomolly in the share price