Amur Minerals Share Discussion Threads

[qui quaerit reperit] 22/9/2018 22:00

I remember seeing something similar to this about 6 months ago. It could be just a different agency or press republished it...Whatever it is hopefully we will find out next week...:)

[s0lis] 22/9/2018 21:46

Let's hope so Tad

[peawacks] 22/9/2018 21:31

Tad, was this in public domain back in May ? I don't recall seeing it.
Very good news, all the same.

Thanks

[qui quaerit reperit] 22/9/2018 20:05

News next week???Page 50...http://vims-geo.ru/documents/240/178.pdfAMUR MINERALS GETS GOVERNMENT SUPPORT FOR THE DEVELOPMENT OF COPPER-NICKEL DEPOSIT02/05/2018Employees of the Ministry of Economic Development of the Amur Region and management of the Amur Investment Agency met with representatives of the mining company ZAO Kun-Magnier, a subsidiary of Amur Minerals Corporation. The meeting discussed the forms of state support for infrastructure in the construction of a metallurgical plant."Now the company is completing a detailed exploration of minerals in the field" Kun-Magnier ". And for the processing of the received ore, a mining and processing complex is needed nearby. In the future, it is possible to build a metallurgical plant. According to the plan, the capacity of the plant will be 6 million tons of ore per year. For such a large project, it is planned to build more than 300 km of roads to connect the field and the existing transport infrastructure, "said Randolph Lewis, the head of Russian projects at Amur Minerals Corporation.As reported, the total resources of the Kun-Magnier deposit are 164.7 million tons of ore, containing 740.1 thousand tons of nickel, 212.9 thousand tons of copper and 42.3 tons of platinum group metals.At present, JSC "Kun-Magnier" conducts diamond core drilling, hydrogeological and ecological research, buys technical equipment. The next year, the plans to finish the design and begin construction of the road. Then the construction of a mining combine, and already in 2022 - the beginning of production.

[s0lis] 22/9/2018 17:57

Bwana,



Glad I do not have to change my image of you; I can continue to envy your freedom.

Have you looked at OMI ? Keep on your watch list, could be another Sol Gold but still needs to be proved up. Still they have the backing of the gold No. 2 who have bought in (taken over).

Pity Nevsun has been taken over. I don't know any robotic firms, do you have any good small copper miners (not KAZ) ?

[callmebwana] 22/9/2018 15:08

O/T
Just noticed your other post SOlis.
I have no intention of buying into VRS.I have looked into it thoroughly. Though I may consider BUR or PRISM. I will get into Graphine when they have broken the key.
PRISM if they fall, Directors have been selling there. I am holding quite a bit of dry powder. I can see a Market Correction coming. When is the question. So some very good shares have gone on my watch list. If the $ is strong then the Gold is weak.If $ weak the Gold goes higher. So I call AAZ as a hedge against this happening.I have a fair holding in that one now. With production costs below $600 an ounce.Best Gold producer IMO.A Divi to boot on top of all that.
Sol Gold is another one to keep an eye on. HGM has to much debit yet they are paying a Divi !!

[callmebwana] 22/9/2018 14:46

Solis, you have it all wrong. I was once married,got divorced and then found a partner.She has been with me for 31 years.When I retired I was 56 years old. Bought the holiday places etc.etc. She only went there a couple of times and that was it. Did not want to go anymore !It was me who was unfaithful. Well I did not want to be alone when i was out of the country.So that is how things are. She looks after the house, cats and me very well etc,etc. We are good friends now.Separate bedrooms etc. She works as a voluntary worker in a hospital.I do my own thing when I am out of the country.Now I am hanging my dirty washing out in the public.LOL not that I am bothered.

Back to AMC. I fully agree with your above post.
The PFC will not come out this year,I am pretty sure of that. Some news perhaps of Russian Government help in the infrastructure to get to the resource. They have promised KAZ the infrastructure for the copper discovery they have bought for $900 Mil in Russia.
So to look at all this, we require the TOA from the Russians first.That will only come after the PFS.Perhaps they have had a word with RY that if he proves our resource with JORC numbers then they will build the road for AMC or give the loan from the FEDF to build it.
I think RY has something up his sleeve to say to the Market. What it is I am not sure. He will not hold a Media Week without having something to say to the Market.
There are things happening,like Riverfort have not dumped shares the last couple of days.Why? I hope it is not a damp squid news. I won't be selling any shares in AMC.
We will find out next week hopefully.
Something is afoot and I am not taking about myself :o)
Well some of the posts by Red Lee I ignore. I enjoyed TDT's posts but he has moved to III. Anyone interested in his posts can find him there.

Enjoy the weekend all.
PS. I am looking for a UK listed Co that is manufacturing brick laying robotics.
The UK needs housing.So the EU bricklayers will go back. Shortage of brickies in this country.If anyone knows of one I will be greatful. I already hold Sumero (SOM)
That manufacture floor laying robots. NAI PDYOR

[s0lis] 22/9/2018 13:19

Bwana,

Back to VRS. Do not have time to do a lot more investigation, I think most of their turnover is research based i.e non lasting. If they have products that are easilly made how are they incorporated into finished products ? If they are research heavy, then big support and very heavy costs.

I think I would wait to see acceptance of their products and positive cash flow before investing. And, I would be very chary of joint ventures with Chinese companies where the barrier to entry is the technology.

Do your own research, but personally I would give it a wide berth for the time being.

[s0lis] 22/9/2018 12:35

Bwana

You have just destroyed my image of you. There I was imagining you enjoying your retirement with all sorts of pretty girls after your money and now you tell me that you have your witch as your ball and chain. Oh dear, I will have to rethink that one.

Are you really expecting something next week from RY ? I think he has had to give up the flexible evolving living document of the PFS as the perception of the first announcement stays and does not change with more profitable data.

Given that, the latest good news of the drilling this month and the analysis of it required for inclusion in the PFS is not going to be ready for some time, I would be surprised if we did not have a postponement of the PFS.

However, I am still convinced that AMC will be a winner, far outstripping Red Lee's forecasts.

We know that we have the right type of higher price nickel with a higher grade than most large deposits; a metal homogenous with higher metallurgical recoveries than other mines under the Gipronickel two stage grinding proposal and we are in the 10 lowest cash costs of all nickel mines.

We even have a higher resource tonnage at a higher grade than Norilsk's Polar Talnakh mine. Just have a look at the nickel deposits by size and grade charts.

The only down side is the distance from the mine to infrastructure but we have the government support to counter this.

If all this is not enough to finance the capital required for the mine, then I am sure that 95% of all other mines are loss making which is not a situation that can continue without correction by substantial price increases.

So we have : Highest priced product
fastest growth prospects
highest grade
highest metal recovery
highest tonnage
lowest production cost
strong government support

and we are still valued at only £30M, but value will come out.

Just my personal opinion and therefore happy to hold. DYOR

[roofer2] 22/9/2018 09:23

Come on now Duxy, Amc are nearer my 2p than your ramping 25p, this dog needs putting down, 3 death spiral share issues have wrecked any chance of double figures imo !!!

R2

[madengland_] 21/9/2018 20:26

Tad thanks as always for the posts you make.CMB - thanks, yes I wish I'd got on AAZ when you first said, I looked, I pondered. But agree there could still be more, some very positive noise from a maiden divi.Enjoy the red!

[qui quaerit reperit] 21/9/2018 19:28

reported.The distance between the Upper Moon deposit and the beneficiation plant No. 12 at Udachninsky GOK, which will be transported with ore from the Upper Moon, is more than 150 km. Creation of a technological route to the field is compensated to the company by means of subsidies from the federal budget in the amount of 8.5 billion rubles in the framework of rendering state support for creating infrastructure for the implementation of the largest projects in the Far EastAnd this is for 700 jobs Amur will create 1200 jobs...

[s0lis] 21/9/2018 18:55

Hi Bwana,

Keeping as well as can be expected thanks, being older than you. Hope you are well too.

Re AAZ, what is there to say. Getting into very dangerous territory being in a (ST)AN, now 65% of my portfolio, but worth the risk for the reward (started buying at 4.5p. The only thing that will reduce that to a comfortable % is AMC or some of my wild bets that are also looking good.

I really think I should retire but with a new large contract from the police I don't think it will be this year; then it will be obeying the old witch and keeping her happy travelling. Ughhhhhhhhhhhhhhhhhhh.

Both VRS and PRSM are possible disrupting technology companies. Blue Prism has been increasing turnover by 50% a year and the forecast for this year is +115%. Remember the unicorns APPL, MSFT, AMZN etc. This little company is oustripping them in the % sales increase. Must have something unique that is required. One to investigate further when one has time or finance coming free.

A quick glance at VRS and I would need to be convinced. Turnover has increased BUT I don't like down blips like '16 T/O. They are in the "IN" technology that noone has yet managed to make any money in.

The witch is calling, have to go out. Will finish later.

[callmebwana] 21/9/2018 16:56

Ha,ha,Haa. Yes Mad I will of course open the bottle of red in the evening. :o)
It is this time of the year I like to be in the sunshine. I think I suffer with what they call SAD syndrome.
KAZ is still in my portfolio. I never sold it. I did trade it a couple of times and made very good profits.I am in break even around £5. I was never worried about KAZ.
Copper and Nickel will def go up. The Chines are going to spend on big infrastructure in Africa and the Silk Road projects.Projects all over the world. They are not going to give in to Trump.
AAZ is still a buy Mad, perhaps better than KAZ.I have been topping up in that one and bought the last batch @62.6 P. It is going to pay a Divi of 7%. Hoping for it to go above £1 in the future.NAI PDYOR. A very informative BB on ADVFN for AAZ. The PE for AAZ is 4 it should be 7.
I did post quite a few Co's that I hold in my portfolio.Put them on your watch list.
I do a lot of research and DD on them I mostly do top up on them on the way up and any dips. I do get a few wrong as well.I am out of them sharpish except XLM results due Monday for them. I plan to sell them as well.My average is £1.39 on them.

Back to AMC,well I do moan a bit but not selling it.See what news comes,whenever. It is all in the hands of Master RY.
You to have a good weekend.
GLA.

[madengland_] 21/9/2018 16:20

Ps CMB - charts saying buy Kaz or has the best been done

[madengland_] 21/9/2018 16:19

Have a good weekend CMB, open a bottle red and stop moaning about the weather ;-)And brace yourself for all the action next week, am guessing Robin is holding a secret behind closed doors, not advertised to anyone media week. Go Robin go, master of PR and great finance deals.

[callmebwana] 21/9/2018 15:41

O/T.
I have just been looking at some Co's shares PE ratios. Like a Miner paying a Dive usually have a PE ratio of 7 or there about.Other none Tech share a PE ratio of 10/12.
Tech shares have a PE of around 15/20. All this if things are preforming right for all and future looks bright.
Then I start looking at Co's like VRS and PRISM.
I am kind of speechless when I see a valuation like that of VRS the PE is -177.50
For Blue Prism PRISM the PE is a lofty -144.77.
It does not make sense to me at all. I know both are in the Hi Tech business but Graphyne from VRS is still in its infancy.The robot control software from PRISM is bought by Co's getting rid of workers. When will these Co's start making profit ??
I know the Market is forward looking but looking how far ?? To far for my liking with these two Co's. Money gone mad ? Maybe SOIis can give an answer. He is an accountant.
Just killing time. Weather grey, no sunshine.Don't want to go for a walk.
Have a good weekend all.

[peawacks] 21/9/2018 15:33

Bwana,
WB
'No matter how much patience you think you have, the markets will always have more '

[callmebwana] 21/9/2018 13:10

Warren Buffet says "There is no end date for patience".LOL RY must have read all his quotes.

SOlis, hope you are keeping well.I did not see any posts by you on the AAZ thread, I hope you have plenty invested in that one. I am still in this country. The property sale is taking a long time. looks like no sunshine for me yet.

Ah,Reggie has not sold out yet then ? He had a very sunny holiday this year at Butlins, came back brown as me. This lad does get around a bit.

[s0lis] 21/9/2018 12:48

Good work Qqr.

Loved the "Serious work, we will start tomorrow," I wonder whether he has identified the girl (woman) that will increase the birth rate ???