Amur Minerals Share Discussion Threads

[mayookhp] 18/4/2018 15:30

Nickle up 1200pips on the day, over 8%...Looming sanctions on Norlisk perhaps. Supply disruptions? Mnnnn, wonder if AMC is sitting duck?

[loganair] 18/4/2018 15:26

BHP who have the money and the firepower is way ahead of AMC who seem to be coming late to the party:


BHP Billiton is expanding its business as a supplier of battery minerals at its nickel refinery in Western Australia, planning to start producing nickel sulphate next year and looking at cobalt output as well, a company executive said.

“Part of our transition to becoming a global supplier of battery materials means we have started looking at cobalt options as well,” Eduard Haegel, president of BHP Billiton’s Nickel West refinery, said on Wednesday at a battery materials conference in Shanghai.

“We see cobalt as remaining in short supply ... For this reason we are looking to broaden our support of the battery sector by increasing our contribution to cobalt supply.”

BHP is advancing plans to potentially double capacity at its nickel sulphate operations to 200,000 tonnes, depending on industry demand, which would create the world’s largest nickel sulphate plant at Nickel West, he said.

[loganair] 18/4/2018 15:25

BHP who have the money and the firepower is way ahead of AMC who seem to be coming late to the party:


BHP Billiton is expanding its business as a supplier of battery minerals at its nickel refinery in Western Australia, planning to start producing nickel sulphate next year and looking at cobalt output as well, a company executive said.

“Part of our transition to becoming a global supplier of battery materials means we have started looking at cobalt options as well,” Eduard Haegel, president of BHP Billiton’s Nickel West refinery, said on Wednesday at a battery materials conference in Shanghai.

“We see cobalt as remaining in short supply ... For this reason we are looking to broaden our support of the battery sector by increasing our contribution to cobalt supply.”

BHP is advancing plans to potentially double capacity at its nickel sulphate operations to 200,000 tonnes, depending on industry demand, which would create the world’s largest nickel sulphate plant at Nickel West, he said.

[madengland_] 18/4/2018 14:54

I am sure Robin and the board will be very appreciative of your insights and advice

[loganair] 18/4/2018 14:31

It seems to me what many posters are struggling with, the commodity prices could treble, the amount of resources could treble will make very little difference in the share price, in my opinion it is all about funding and how are Amur going to pay to get the stuff out of the ground.

All I see is more and more dilution of Amur shares.

It seems the best thing the management can do is to offer 50% of the license to a big mining company to pay to get the mine into production.

[madengland_] 18/4/2018 14:10

7.01 now! How sad are we! Nickel can go a long long way from here, and unlike previous rallies, this is not just cyclical, but we have a structural shift in demand yet to come through. I expect double figures to become a long term price for the good stuff. LME sulphate Market will be talked about towards end of this year and launched Q1/2 next year. All perfect timing

[1i1i1i] 18/4/2018 13:37

Nickel Live - $6.87 (Up $0.45) Wow!

[edjge2] 18/4/2018 11:38

On 2 lows on chart so resistance wonder if we can go above these.

[madengland_] 18/4/2018 10:41

Why don't you Jedi. We are at the forum so the two of them should have a chat.....

[1i1i1i] 18/4/2018 08:18

Nickel price and warehouse stocks at 4 year highs, Nickel $6.68 Live. Tick! Tock! Who blinks first!

[madengland_] 18/4/2018 08:02

Nickel inventories dropping and price smashing through twelve month highs..... and in the main the EV demand is not expected to start kicking in until 2020. When the market wakes up to this we could well be sat with a JV or some funding visibility. The numbers in the latest Edison report could be quite markedly higher, with lots more nickel and quite possibly a nickel price that surprises many at how high it goes.

[qui quaerit reperit] 17/4/2018 19:16

Thanks Noloss!

[nolosstillsell] 17/4/2018 17:53

Enjoy..

hxxps://audioboom.com/posts/6812710-amur-minerals-amc-untion-jack-oil-ujo-and-alan-green-on-tym-fdbk-and-fedr8?utm_campaign=embed&utm_content=retweet&utm_medium=social&utm_source=twitter

[madengland_] 17/4/2018 09:57

What a fascinating post Logan. You really are a smart cookie.

[loganair] 17/4/2018 09:41

I remember the CEO of Cable and Wireless Communications buying upwards of £1m worth of shares at a time. After 4 years he had bought, with his own money over £8mln worth of shares and I followed suit buying as many shares as I could afford and made a good profit.

[madengland_] 17/4/2018 09:33

I wouldn't do his job for that reward. The options are where the award is imho. Or quite possibly a serious salary if we get this all the way to sulphate production, when this mine could be making serious cash

[matrix25] 17/4/2018 08:52

Tad, it is cheaper to buy the shares in the open Market then take the options.

Mad, he does very well considring this is an AIM Co, not a FTSE 350.
He is not bending backwards to buy big amounts either.Chicken feed in IMHO.
Bwana.

[edjge2] 17/4/2018 08:17

RNS got a guaranteed £5000 director buy of shares monthly. Not much but I suppose it helps.
Trump nullified any further antirussian sanctions so should help here unless naughty.

[qui quaerit reperit] 17/4/2018 08:17

True.Another one to watch - options,if I was him I would take them...

[madengland_] 17/4/2018 08:14

I am looking to add quite a few over the coming weeks

[madengland_] 17/4/2018 08:13

Well I'd guess they are getting some non exec fees but not huge amounts for sure. Even RY is quite low paid when you look at median salaries of FTSE 350 ceo

[madengland_] 17/4/2018 08:11

An old article but great reminder why we are sat in such a huge potential, and are making investments in a very green projecthttps://www.bloombergquint.com/markets/2017/10/30/lme-considers-new-nickel-contract-to-tap-electric-cars-boom

[1i1i1i] 17/4/2018 08:11

All getting there, slowly but surely, the patient will be rewarded.

[qui quaerit reperit] 17/4/2018 08:05

Yes agree Mad it is positive and if my memory is not misleading me some of them are not getting paid anything?