Amur Minerals Share Discussion Threads

[qui quaerit reperit] 16/4/2018 19:18

Finally, we have assumed that Amur raises sufficient equity at the currently prevailing share price so that its financial leverage ratio (debt/[debt+equity]) does not exceed 80% at its maximum extent.For the toll smelting option, the stream of dividends that results from this proposed development of Kun-Manie averages 3.7 US cents per share pa and potentially reaches 5.8c/share (fully diluted). When discounted at a rate of 10% pa, the net present value of this dividend stream to investors is US$0.15 per share in FY18, rising to US$0.27 in FY24, by which time we estimate that debt will have been repaid and a first dividend could theoretically be paid to shareholders.Exhibit 19: Amur Minerals forecast EPS and (maximum potential) DPS, FY15-34e Exhibit 19: Amur Minerals forecast EPS and (maximum potential) DPS, FY15-34eSource: Edison Investment ResearchDirectly comparable results for each of the four development options, expressed relative to varying discount rates, are shown in Exhibit 20 below. In addition, there is one further option considered, whereby the project is developed, initially, as a toll smelting operation for two years, which is then developed further, into a low-grade matte operation for one year, a high-grade matte operation for an additional year and then, finally, into a fully integrated nickel refining operation thereafter. This final option is denoted the 'combined' scenario.Exhibit 20: AMC equity valuations by development scenario and discount rate (US cents per share)US cents per share(post-dilution)0%5%10%(base case)15%20%25%30%Toll smelting – US$138.1m in equity fund-raising required4425159643Low-grade matte – US$148.4m in equity fund-raising required754427171186High-grade matte – US$148.4m in equity fund-raising required744326161075Refinery – US$149.3m in equity fund-raising required125754630201410Combined – US$149.3m in equity fund-raising required85462616964Source: Edison Investment ResearchInvestors' attention is drawn to the similarity between the valuations for the low-grade matte, high-grade matte and combined development option scenarios. For an additional US$126m in capex (see Exhibit 17), or US$10.3m in equity funding, investors are able to approximately double the value of their investment (from 15c/share to 27c/share) by upgrading the scope of the operation from simple concentrate production for toll smelting to low-grade matte production. Little additional value is added by upgrading operations further to high-grade matte production or via incremental development to a fully integrated refinery over five years (the 'combined' scenario) at our current commodity price assumptions (see also Exhibits 26-30). However, for only a further US$380m in capex, or US$0.9m in equity funding, initially, investors are approximately able to double the value of their investment once again (from 27c/share to 46c/share) by instead opting to build a fully integrated refining operation from the outset and to thereby maximise the value presented by the project to the companyhttp://www.edisoninvestmentresearch.com/research/report/amur-minerals545550/full#js

[edjge2] 16/4/2018 18:19

looks like support from 2010 & 2012. hope it bounces.

[qui quaerit reperit] 16/4/2018 14:20

Lol yeah watch out,the darkness may surround some over here....

[matrix25] 16/4/2018 13:49

RNS out and no one is posting ? Goes to show how much intrest PI's have now. LOL.
Lansted,CREDE and now Riverfort.
I wonder if someone clever can tell me the new Riverfort deal. How many shares and warrants AMC are going to dish out ?I am surprised they did not announce Riverfort as an investor. The did that with CREDE.

[hubs] 16/4/2018 13:35

bene consurgit diluculo qui quaerit bona qui autem investigator malorum est opprimetur ab ei .
So watch out!

[qui quaerit reperit] 16/4/2018 10:59

Thanks you too buddy!

[matrix25] 16/4/2018 10:53

Tadaska.
I am very well mate. I have another six weeks of warm sunshine and other things to enjoy. :o)
Not worth having a premium account mate. I tried it and it was not worth it.
I have them on filter. It is not worth replying to them two. Waste of space.
You keep posting your reserch here mate.
Have a good day.
Bwana.

[qui quaerit reperit] 16/4/2018 10:28

Hey Bwana,how are you?:) Its Tadska,I had to close my other account,had massive argues with the great team of advfn,they look like similar to our well known scach/roofer dot com clowns:) just cancelled my premium account and opened free account,not worth paying them a single $ for the service they provide...Will keep posting everything I find from this account now:)

[roofer2] 16/4/2018 09:45

Lansteed crede share finance deals smashed the S/P, never again as the Russians will finance use or the Chinese or the USA, the list was endless but guess what? None of them came but another share finance issue did as I forecasted, little bits of rehashed RNS news to sell into YET again imo

R2

[edjge2] 16/4/2018 08:57

Looks badly undervalued

[roofer2] 16/4/2018 08:53

Bye

R2

[qui quaerit reperit] 16/4/2018 08:51

Could be,but you're a sick individual and medicine can't help to restore your brains...

[roofer2] 16/4/2018 08:47

Well, your just an idiot imo !!!

R2

[flugelhorn] 16/4/2018 08:10

Conference starts tomorrow - new $ figures and a shiny new Presentation to boot !!

[qui quaerit reperit] 16/4/2018 08:00

Roofer/scach&co you bunch of morons lol

[roofer2] 16/4/2018 07:58

Still banging the same drum, share issue after share issue supported by POTENTIAL, yeh right!! I’ve called this right every time so my 3p or less target will not be far away ow the death spiral has started again imo

R2

[madengland_] 16/4/2018 07:53

Quite an increase. Layer in the 2017 drill results and then Copper, Cobalt etc this is likely nearing 5bn ebitda. All to be firmed up and PFS'd. Should be a talking point at next weeks EV conference

[ciao4niao] 16/4/2018 07:36

RNS - Mining Potential Update

"RNS Number : 9422K

Amur Minerals Corporation

16 April 2018

16 April 2018

AMUR MINERALS CORPORATION

(AIM: AMC)

April 2018 Mining Potential Update

Amur Minerals Corporation ("AMC" or the "Company"), a nickel-copper sulphide mineral exploration and resource development company located in the Russian Far East, is pleased to update shareholders on an increase in the projected global Earnings Before Income Tax, Depreciation and Amortisation ("EBITDA") assessment of the mining potential (based on the more costly toll smelting of concentrate option) at its Kun-Manie nickel copper sulphide project.

The projected EBITDA has increased by 78.75% to USD 2.7 billion (October 2017: USD 1.6 billion), which is attributable to mining Maly Kurumkon / Flangovy ("MKF") by a combination of open pit and underground extraction methods in lieu of open pit only production. The previous EBITDA estimate was based on open pit production only.

Highlights:

-- Implementation of underground mining using a Long Hole Open Stoping ("LHOS") method on deeper ores located within the MKF deposit is projected to increase the projected global EBITDA from USD 1.6 billion (open only production) to USD 2.7 billion (open pit and underground production).

-- The total mining potential is projected to include a total of 73 million ore tonnes (approximately 12 years of production) averaging mine diluted grades of 0.70% nickel (512,000 tonnes), 0.19% (copper 135,000 tonnes), 0.01% cobalt (8,500 tonnes), 0.16 g/t platinum (11.5 tonnes), and 0.12 g/t palladium (8.6 tonnes).

-- Of the 73 million ore tonnes, 32 million will be mined by the LHOS method (at MKF) with the remaining 41 million derived from four open pits located at MKF (near surface ores), Vodorazdelny ("VOD"), Ikenskoe / Flangovy ("IKEN") and Kubuk ("KUB").

-- The projected production from IKEN and KUB is based on the February 2017 resource model and is under re-evaluation using the newly reported March 2018 MRE. The current open pit production of 22 million tonnes (62% of the IKEN and KUB resource) from these two deposits was derived from the 35.6 million ore tonnes as per the February 2017 mineral resource statement.

-- The MRE from 2017 to 2018 increase based on the 2017 exploration drill programme at IKEN and KUB should substantially increase the presently reported 73 million mining potential tonnage. The new resource available to mining potential determination has been increased to 89.5 million tonnes (an increase of 251% in combined March 2018 total mineral resource at KUB and IKEN from the previous February 2017 mineral resource estimate.

-- Open pit analysis of the IKEN, KUB and intervening area is in progress and will be reported in due course. Post open pit analysis, an updated mining potential and EBITDA will be reported.

-- LHOS mining potential of the deeper ores and that located within the high incremental stripping ratio areas will subsequently be determined allowing for the final mining potential and EBITDA to be reported.

-- A final mine design step will then be implemented to generate an optimised production schedule designed to establish a preferred production plan allowing for the reporting of the Net Present Value and Internal Rate of Return.

-- The reported EBITDA is based on a long term nickel price of USD 7.27 per pound (USD 16,000 per tonne). By-product revenues for copper, cobalt, platinum and palladium have been excluded.

Robin Young, CEO of Amur Minerals, commented:

"We are pleased to provide this update on the mining potential at our nickel copper sulpide deposit located at Kun-Manie which is based on our February 2017 Mineral Resource Estimate. The global 73 million ore tonne mining potential contains more than 400,000 tonnes of projected metallurgically recovered nickel supporting the operation for at least 12 years providing an indicated EBITDA of USD 2.6 billion. We have maintained a very conservative approach in this assessment by excluding the inclusion of additional revenue potential associated with our by-product metals of copper, cobalt, platinum and palladium.

Additional open pit mining potential is being evaluated which is directly related to last year's highly successful drill programme where an ore tonnage increase of more than 251% at Ikenskoe / Sobolevsky, Kubuk and the area between is underway using the March 2018 updated mineral resource. With this area now being the largest source of mineralisation within the mining licence, it is projected that there will be a substantial increase to the global mining potential inventory and EBITDA from that of USD 2.6 billion."

Schematic drawing of the mining potential are provided in the following link:

hxxp://amurminerals.com/content/wp-content/uploads/April-2018-Mining-Potential-Update.pdf

[matrix25] 13/4/2018 11:47

Edjge2.
Good to see you back in here mate.I have this one on the back burner at the moment.
Yes CPX has been resherching capacitors for quite a while.I hope you do well there.
ATB.

[loganair] 13/4/2018 09:16

Sadly it looks like at some point in the future there is going to be more dilution of the shares, upon the many dilutions there's already been.

[edjge2] 13/4/2018 09:08

Did drop to new lows after double lows but may be russian factor that hit poly too. Ssupect it will climb above double lows or these act as resistance.

[edjge2] 13/4/2018 08:24

I'm back in, guess will need refinancing once they firm up and decide where to dig their holes but chinese may take over. Reference to water not encouraging but better discover your enemy, maybe manasgement caution. Not surprised you are still here Bwana.
From a year or so ago seems they had an extensive resource and now battery metals so good.
CPX just made a small 3v capacitor which will reduce wiring and can replace small batteries. Maybe capacitor metals, usually rare earths will become more important. Car type batteries could be replaced by a large array of these capacitors, they offer a weight saving and can be charged wirelessly and extremely fast, maintain their voltage and can discharge extremely fast for power availability so batteries maybe not so important in 5 years.