Amur Minerals Share Discussion Threads

[reggie123] 21/9/2018 12:28

Not that surprising

[qui quaerit reperit] 20/9/2018 18:31

"Serious work, we will start tomorrow," he said at the final press conference of the WEF-2018. "An ambitious task has been set to achieve economic growth of the Far East at least six percent per year, at the level of the leading economies of the Asia-Pacific region," the Deputy Prime Minister noted

[qui quaerit reperit] 20/9/2018 18:30

14/09/2018State Relocation Program | Far Eastern Federal District | Society | Life in RussiaYury Trutnev: "An ambitious task is set to achieve economic growth of the Far East at least six percent per year"Work on a national program for the development of the Far East will begin tomorrow. This was stated by the deputy prime minister, presidential envoy to the Far Eastern Federal District Yuri Trutnev, the Russian newspaper reports."Serious work, we will start tomorrow," he said at the final press conference of the WEF-2018. "An ambitious task has been set to achieve economic growth of the Far East at least six percent per year, at the level of the leading economies of the Asia-Pacific region," the Deputy Prime Minister noted.Earlier, President Vladimir Putin announced the development of a national program for the development of the region until 2025 with the prospect of extending to 2035. The government will be instructed to prepare such a document, to do this in close contact with the Far Eastern regions, citizens, business, public and business associations.Leading companies that implement projects in the Far East need to place their engineering centers and research and development centers on Russky Island, Yuri Trutnev said, the Far East Development Fund will also be capitalized, an inventory of land is carried out, in particular, for agricultural projects, a special status will be developed Russian Island, which allows creating the most attractive conditions for start-ups."According to the decisions of the State Council for us, the fundamental decision is to bring to the level not less than 5.5 percent the investment costs of state programs. I want to say right away that this decision will not lead to an instant change in the situation, because investments will start to accumulate first, because for the beginning this will lead to an increase in financing for a number of programs two or more times, he stressed. -But this is investment spending, which means that new hospitals, kindergartens, schools will be built. But as they are being built, the financing necessary for them to work will also increase, so the Far East will receive a sufficiently powerful impetus for development. "He said that the developed measures to support the birth rate in the Far East have been previously submitted to the president. "The points there are: to provide special measures to support fertility, including federal support for the budgets of the regions of the Far Eastern Federal District, to increase the size of a lump-sum payment at the birth of the first child, the allocation of funds to the family at the birth of the second child, the payment of the birth of the third child," he said. Also, the amount of financial assistance to employers participating in regional mobility programs will be increased.

[qui quaerit reperit] 20/9/2018 18:25

Good news for us...:)20/09/2018State Relocation Program | Far Eastern Federal District | Society | Life in RussiaThe government will increase the financing of the Far EastFinancing of a number of regions of Russia, including the Far East and the Arctic, will increase due to the redistribution of revenues in favor of regions from excise taxes on alcohol and oil products, Prime Minister Dmitry Medvedev said at a meeting of the Government of the Russian Federation, the press service of the Russian Ministry for Economic Development said.According to the head of the Cabinet of Ministers, the Government intends to further improve intergovernmental relations so that regional budgets are more balanced and give regions more opportunities to earn money themselves. "For this purpose, part of the income is redistributed in favor of the regions. This applies to excise taxes on strong alcohol and oil products, "Dmitry Medvedev explained, stressing that intergovernmental transfers will grow. "In the direction of increase, we revised our previous plans for 2019-2020 to finance the Far East and the Baikal region, the Kaliningrad region within the framework of the relevant state programs, as well as financial support for the Arctic zone, which will also grow several times," he assured.As part of the adjustment of the tax system, the Prime Minister promised to maintain mechanisms for tax support for individual territories and a number of new projects that are emerging there. "In many regions, management teams have changed, new governors have come. We need to work with them actively, including on more precise adjustment of the mechanism of budget transfers, "- emphasized the Chairman of the Government of the Russian Federation

[qui quaerit reperit] 20/9/2018 18:09

Will be surprised if we won't hear anything tomorrow about media event...financial results due,funding update due, road update due, pfs due... and only one week left in September...:)

[callmebwana] 20/9/2018 17:34

Will anything happen this month ?? We just have one week left of September now !
Oh,the RNS today, The BOD have between the EIGHT of them bought 117 K something shares. It costs money to send an RNS.
Talk about building confidence in their LT shareholders !!!
I love the resource but I don't have much confidence in the BOD.
I don't mind waiting further but need something from RY to boost confidence in us
I think RY now is treating AMC as his own personal entity.
I would just like him to say
"Look guys we have discovered 50% more resource and it is well worth waiting and I will like to include this 50% in to the PFS. You will have to wait until next year for a very beefed up PFS " etc,etc. I would not have problem with that.
Rant over.

Pea and Tad,thanks for your posts guys.

[qui quaerit reperit] 20/9/2018 16:43

In the future, using the resources of the Development Fund of the Far East, the project for the development of the Kun-Magnier field is planned, the application for consideration of which has already been sent to the Development Fund

[qui quaerit reperit] 20/9/2018 16:43

6. Fund for the Development of the Far East and the Baikal Region (hereinafter referred to as the Development Fund for the Far East).The Development Fund of the Far East provides assistance in implementing projects that have a significant multiplier effect.The funds of the Development Fund of the Far East will be aimed at creating a new or expanding existing enterprise.A cooperation agreement was signed between the Development Fund of the Far East and Amuragrocenter LLC to implement the second and third phases of the project for the construction of a plant for deep processing of soybean with a capacity of 240,000 tons per year at the Belogorsk TCOER in the Amur Region, using the funds of the Development Fund for the Far East.The technical part of the investment project "Construction of a transboundary rope-suspension road through the Amur River between the cities of Blagoveshchensk (RF) and Heihe (PRC)" is being designed.In the future, using the resources of the Development Fund of the Far East, the project for the development of the Kun-Magnier field is planned, the application for consideration of which has already been sent to the Development Fund.This is end of 2017 document so we should hear something about this soon...http://docs.cntd.ru/document/450386755

[peawacks] 20/9/2018 13:30

Nice £7k buy transaction gone through at 4.32p.

[callmebwana] 19/9/2018 16:52

Edjge2, good to hear from you. I am also having a very good time with my portfolio.
O/T.
FXX,K3C,SCH,IDEA,DSCV,IMO,SOM,PFC, to mention the good ones Sold out of TAP and still holding XLM in loss. The last two effected by Face Book .Still holding KAZ.
Ah all the fun of investing also in the small resource stocks.
ORM,REDT,ZIOC,not forgetting AAZ,AMC,etc,etc. Good luck with your investments.
Apologies in advance re O/T.

Just have to wait and see what happens with AMC in the near future. May have to hold this one for longer.
I think RY can't send an RNS if the money is for AMC. He probably knows it is there to have but has not got it yet. He must meet some conditions for the Russians TOA before he gets the money. IMO. NAI PDYOR.
GLA.

[edjge2] 19/9/2018 14:23

CMB No cash til oct 1 and nothing to sell but have a good few AAZ below 30p. Will add if below4p here cash allowing. Vast looks dead cheap at the mo and ARS too. Cey still in buy zone and FOMC might just boost gold.KL in CADs pretty cheap too and may motor faster than many hope Brexit exchange rate not too brutal.
Pots doing well and yank Tilray and cad cronos likely on the up doing catchup like ACB.
Gary in the states expecting a mega gold rally

[peawacks] 19/9/2018 12:04

Thanks gizmo !
Here is the article for anyone who can't copy and paste it.
Sorry if it bothers those who can !




Amur Minerals sees 81% increase in inferred high grade zone at Kun-Manie
Share
10:34 19 Sep 2018
The AIM-listed miner said a total of 29 holes had been drilled over the month, with the IKEN IIHG increasing the deposit size from 0.16 square kilometres to 0.29 square kilometres


Amur also said it had joined up the ISK and Kubuk orebodies after discovering a 400m mineralised zone between the two
Amur Minerals Corporation (LON:AMC) has reported “highly productive” drilling activity for the month of August at its Kun-Manie nickel copper sulphide project in eastern Russia, with its Ikenskoe / Sobolevsky (IKEN) Inferred High Grade Zone (IIHG) expanding its deposit size by 81%.

The AIM-listed miner said a total of 29 holes had been drilled over the month, with the IKEN IIHG increasing the deposit size from 0.16 square kilometres to 0.29 square kilometres.


WATCH: Amur Minerals cements its focus on Asia as end to 2018 drilling nears

The mineralisation within the IIHG was also indicated at a thickness of 30.9 meters averaging 0.91% for nickel and 0.25% for copper.

The company expects that the update of the IKEN mineral resource estimate which includes the IIHG area will result in a substantial increase with regard to total mineralised tonnes and the JORC resource category.

At the beginning of the drill season, the IIHG was estimated to contain 14.6mln tonnes of Inferred resource averaging 0.87% nickel and 0.24% copper. With expansion of the resource, the area could source as much as four years of higher grade production for the processing plant.

Amur also said it had joined up the ISK and Kubuk orebodies with the discovery of a 400m long mineralised zone between the two. In addition, drilling had expanded the ISK orebody by an additional 100m to the west.

The total length of the unified orebody from the west end of ISK to the east end of the KUB orebody in projected to be 2,800m.

The firm added that four holes drilled along the strike of this connected orebody indicated an average thickness of 67.3m at 0.75% nickel and 0.20% copper.

Looking to September, Amur said it planned to continue drilling with the target being the final portion of the metallurgical sample, defining the up dip limits of mineralisation of the ISK area, and continue drilling the west end of the ISK adjacent to a 100m barren area.

Robin Young, chief executive of Amur Minerals, the drilling results were anticipated to have “a material impact” on the mineral resource estimate, the mining ore reserve, the optimisation of the production schedule and the projected economic potential of Kun-Manie.

He added that drilling of secondary priority targets had provided “unexpected, but promising results” with “substantial” discoveries of new mineral in areas thought to have had limited potential, including the firm’s best ever interval of 98.6m of 0.89% nickel and 0.23% copper.

In mid-morning trading Wednesday, Amur Minerals shares were steady around 3.9p.

[gizmohican] 19/9/2018 11:49

hxxp://www.proactiveinvestors.co.uk/companies/news/205216/amur-minerals-sees-81-increase-in-inferred-high-grade-zone-at-kun-manie-205216.html

[callmebwana] 19/9/2018 10:48

Guys, if RY intends to include these results in the PFS then these drilled samples will have to be sent to ASL for the JORC figures. These drilled figures are very good.
I think they may well drill till the end of September depending on the weather.
Then he has to get the feed back from ASL. How long will that take?
RY and Co will also spend time updating the PFS.
So I think no PFS this year.

So after ten+ years here I have to say to myself,I am in no rush anymore.
PATIENCE comes into it again.
I wonder what he has to say in this coming Media Week. If that actually takes place !!
Very dissapointed because of lack of news,but the matter is out of our hands.
Master RY is in the driving seat and we are the passengers in his bus. I wonder where he is planing to take us ?? To a park with merry go around in it perhaps.
It does not make sense to me, if the PFS is a living document why it can't be updated as we go along. Anyone any ideas ?

[captaincad] 19/9/2018 10:27

Jackbal, plus the one on NEX. looks like a sell.

[jackbal] 19/9/2018 10:08

Correction: the single trade today

[jackbal] 19/9/2018 10:08

The 0 shares traded so far tells RY exactly how interested the market is in further drilling results.

Initially I was slightly cynical about RY, his salary, the speed at which the project is progressing and his reluctance to buy shares himself followed by the pathetic employee scheme. However I thought it was worth a punt due to the asset and my own personal view on the commodity cycle.

I will continue to hold the shares I own (6 ish average) but my cynicism has reached record levels in recent weeks.

It’s interesting to note that even some of the least cynical investors are now becoming cynical.

Come on RY deliver some value enhancing news to us, you get get paid enough.

[seaclipper] 19/9/2018 10:03

WHOOP WHOOP....a BUY just in...

[seaclipper] 19/9/2018 09:22

Be rest assured guys in that if we do not get our expected news soon re the Medea week..also our PFS...Proactive Investor... will be asking Robin Young why these things have not come about, as I am convinced they get their questions to ask from these bulletin boards .

Looking forward to that.

[peawacks] 19/9/2018 08:51

"It is a rare achievement that a month of drilling can have such an overall potential impact on a Project."

Speaks volumes that this can't get the attention it might have done.

[billyrayvalentine] 19/9/2018 08:44

...shall we assume that PFS won't be released before getting final results for this year's drilling?

[seaclipper] 19/9/2018 08:42

Apart from the PFS...is this THE other substantial news we were told was about to hit...?????

[callmebwana] 19/9/2018 08:32

Good morning all.
Hubs you are welcome. Have you seen the Divi they are going to give ?

AMC !! Well we at least got an RNS here !! PFS will come when it does.
The share price will rocket one day. LOL, when is that day going to be ??
PATIENCE and more patience. Oh well, my great grand kids can enjoy the fruits.
GLA and have a good day.