Amur Minerals Share Discussion Threads

[seaclipper] 31/5/2018 19:11

Yep...agreed WG.

[weegeordie] 31/5/2018 15:49

seaclipper - that is indeed encouraging. I realise that nickel is used in more than EV batteries but there seems to be a huge future reliance on this technology for the nickel price. There doesn't seem to be enough potential supply of nickel to sustain the suggested growth in EV batteries which would imply that the price will rocket but manufacturers must have seen this and I am sure that "given time", as you say, other technologies will be invented - I know that there are many technical research facilities working on this now. What we must hope for is that the "given time" is not nearer than we think!
WG

[callmebwana] 31/5/2018 15:07

LOL, they have removed the film from LSE and Robin is back in the old film.

[seaclipper] 31/5/2018 14:52

weegeordie --- Perhaps "given time"-- there could well be a new source of energy, BUT at this moment in time--VIS

Why higher nickel prices are here to stay

News - Published on Fri, 25 May 2018
Image Source: indiatimes.com
Economic Times reported that nickel has ruled the non agri commodity space so far in 2018, with gains of 16 % on the LME and 27 % on the MCX almost equivalent to its upside for the whole of 2017. The silvery white metal, mainly used in the production of stainless steel, gained further momentum in 2018, driven by rising Chinese imports.

Nickel ore imports by China more than doubled to 6.6 million tonnes in the first quarter of 2018 over a year ago while refined nickel and alloy imports have surged 14 per cent to 60,000 tonnes during the same period. The sharp jump can be attributed to accelerating imports from Indonesia and stable shipments from the Philippines. In fact, Indonesian imports in March at 1.37 million tonnes were the highest monthly total since the ban was imposed in 2014.

A closer look at the import numbers shows ore supplies from Indonesia have been growing fast enough to replace the Philippines as the top supplier to China. On the other hand, Philippines’ President Rodrigo Duterte has been serious about environmental regulations and has issued warnings and limitations to the mining industry.

The highlight for the year, however, has to be sanctions imposed by the US on Russian President Vladimir Putin’s allies, including Russian oligarchs and companies controlled by them as well as government officials. This turned out to be a blessing in disguise for nickel and pushed LME prices to USD 16,690/t and MCX to INR 1,095.2/kg -- both highest since late 2014 -- on fears that sanctions could extend to the world's second-biggest nickel producer, Norilsk Nickel, after inclusion of aluminum giant Rusal in the forbidden list.

Nickel prices are trading near highs touched in April as a consistent fall in inventories at both LME and Shanghai warehouses has been supporting the metal. LME stocks are hovering near four-year low of 3,05,000 tonnes while those of Shanghai are near a 30-month low of 28,900 tonnes.

Supply woes are reinforced by latest numbers rom the International Nickel Study Group, which showed that global nickel market deficit widened to 15,700 tonnes in March, from a revised deficit of 6,600 tonnes in the previous month. During the first three months of 2018, the deficit widened to 39,100 tonnes from the earlier 27,100 tonnes.

The only major bottleneck is weakening stainless steel prices on oversupply concerns as two-thirds of nickel demand come from stainless mills. Having said that, nickel prices are still expected to continue their positive momentum as news of mothballing capacity at Vale’s New Caledonia mine the world’s fourth-largest nickel producer will buoy the metal alongside falling global stocks and expectations of a widening deficit.

Another positive for nickel is the electric vehicle boom, which took centre-stage and whipped up interest at the recently concluded LME Asia week. Hence, we expect nickel prices to trend higher towards INR 1,060 per kg mark in the near term.
Source : Economic Times

[weegeordie] 31/5/2018 14:17

Meanwhile there will be something discovered that is more efficient and abundant than nickel . If I was a manufacturer of batteries that's what I would be working towards.
WG

[callmebwana] 31/5/2018 14:01

I just checked the chart of AMC. The share price has to go above the 7P before we form a Golden Cross and hold above 7P. See what happens after the PFS RNS.

[callmebwana] 31/5/2018 13:55

Mad, thank you,I am very good. I am fully charged up.I had a long stint in the sun.

Watfordhornet, we all have our time frames and agendas.
RY knows I think that we may end up doing all the work until BFS. He will probably do a DFS yet.We don't know. Then do a BFS, it costs fair amount to do a BFS. His wages are good enough rather then the share options. Perhaps one day he will put his hand in his pocket? Who knows ?
I am in here for the long haul because of IHT. I will let my children enjoy the fruits of AMC.This share is not for the jam tomorrow people.One day someone for sure will mine all that stuff out. I think there are many more years to wait yet.
Who knows when a T/O or a J/V may come along or at what price the T/O?
AIMHO of course.Bottom drawer for the moment for me.
GLA with whatever and however you play this.
ATB.

[watfordhornet] 31/5/2018 12:55

Thank you CMB. How upbeat do you think he needs to be before he buys some(outside of the pocket change monthly purchase).The finance guy recently bought so the old "closed period" chestnut does not hold true. At the recent LSE event there was a stark difference between presenters. Forget the numbers but the skin in the game the others presenters had was so significant compared to RY.A chunky commitment by him would get this share price up to 10p in no time

[madengland_] 31/5/2018 11:54

Thank you CMB, hope you are good

[callmebwana] 31/5/2018 11:32

LSE Natural Resource Webcast,well worth a look at. AMC is there.

R.Y. presenting after 1H.23M.38.Sec.
He is the last one to present.
Well worth watching him.He seems upbeat about AMC. We are sitting on $22 Billion of assets.Yet more to discover. He talks about the Smelter with a JV. Informative video.
I think it is a new presentation.
ATB.

[callmebwana] 31/5/2018 09:42

LME stocks of Nickel below 300K Ton after a long time. Now at 292 K Ton.
Nickel trading at $15284 a Ton now.Copper price $3.11 Lb.
AMC share price still below 6P.LOL You could not make it up if you tried.
GLA. :o)

[gizmohican] 31/5/2018 08:47

hxxps://cleantechnica.com/2018/05/30/the-state-of-ev-batteries-lg-chem-sk-innovations-tesla-panasonic-improvements/

[madengland_] 31/5/2018 07:09

Nice to see nickel back at 12 month high. Lme stocks continue to drop.I remain confident bar any global black swan events, and with continued progress on EV, that we could see nickel another 50% higher by 2019. Put that into the AMC calculator

[callmebwana] 30/5/2018 08:53

It is very quite on here !! We are due an RNS in June. Come on RY.

[qui quaerit reperit] 29/5/2018 15:46

Well done buddy and thanks for the info!:)

[callmebwana] 29/5/2018 13:31

O/T.
Tadaska, put MTL on your watch list as well please. It may come good in a few weeks. NAI. I have done very well with AAZ,KAZ and PFC. AAZ was @ 35/36P when I last mentioned it to you. It is above 50P now.
ATB.

[qui quaerit reperit] 27/5/2018 19:50

Welcome back Bwana!:) All good here,waiting for rns:) Thanks will have a look at ORM. Got myself into EUA,may be interesting short to mid term development...

[callmebwana] 27/5/2018 09:12

Back from sunshine to rain. LOL. Hope you are keeping well Tadska.
O/T.
Take a look at ORM,going into full production in 3rd quarter this year. Been in that one since 2P.APT price of Tungsten going up as well. As always DYOR. NAI.

AMC? We will see when the PFS comes out in June, I hope. Nickel price climbing.
Enjoy the holiday all.

[qui quaerit reperit] 25/5/2018 09:33

Yeap...one day...one day lol

[qui quaerit reperit] 24/5/2018 20:59

Amur Minerals - Suspension following an Offer for all issued shares at the price of £1.05 per share...

[duxy786] 22/5/2018 20:33

Start of a new rise, expecting 22p...let's hope some good news in on the way

[mpencoll] 22/5/2018 15:12

Some other data on the EV market and Nickel

[edjge2] 22/5/2018 09:28

Mpencoil, thanks an interesting utube. Battery metals may not be a certainty. An array of capacitors for each centre of movement can be charged wirelessly in seconds delivering power to all the areas that move and probably most applicable to robots for now. CPX for powerful capacitors. A big array of advanced capacitors to come may replace a big battery but charge in seconds wirelessly from roadside or road. Metals required will change significantly but may take 5yrs to take off. Copper wiring nearly redundant. Exciting times.

Nice 10% up maybe potential of Amur right next to chinese is visible at last and powerful chinese russian alliance was referred to in the utube.

Sure the jawing did not provoke this move.