Amur Minerals Share Discussion Threads

[callmebwana] 30/1/2019 08:31

Tad, they are developing a mine here in the UK SSX,(Sirius Minerals), the cost of developing the Mine has gone well over £4 Billions.
Well, I think the Chines have deeper pockets. We just need below $ 1 Billion.
AMC mine will come into operation,that I am 99% sure.

[carcharodoncarcharias] 30/1/2019 08:24

Great find Qqr, all coming together now.

[qui quaerit reperit] 30/1/2019 08:07

Have you noticed how the language changed? The russians were always saying plans for the future, planning to open mine etc and now they say - it is planned to develop, planned - not will be planned, not planning but it is planned...:)

[callmebwana] 30/1/2019 08:02

Well done Tad.Thanks again for sharing your research,though some don't deserve it.
Kun-Manyer mine will be well known in Russia.

[nolosstillsell] 30/1/2019 07:57

Opening Stock 203058
Live Warrants 142650
Cancelled Warrants 60408

LME nickel Stocks showing a high number of cancelled warrants. Once that starts to leave the warehouse the overall stock levels will fall and reflect a truer picture.

Nickel price knocking on $5.50 so in a nice uptrend still.

[qui quaerit reperit] 30/1/2019 07:57

I believe this is significant step forward to get a green light from one of the most important Ministries in Far East...

[nolosstillsell] 30/1/2019 07:54

Thanks Tad. Another good find. All pointing to us getting up and running. :)

[qui quaerit reperit] 30/1/2019 07:53

In case you don't want to read everything:Approved by order by governor of the Amur region                                                                        FEDERAL AGENCY OF FORESTRYFEDERAL STATE BUDGETARY INSTITUTION "ROSLESINFORG" BRANCH OF FGBU "ROSLESINFORG" "AMURLESPROEKT"FOREST PLANAMUR REGIONMinistry of Forestry and fire safetyAmur regionThe forest plan of the Amur region is valid from January 01, 2019 to December 31, 2028.Completion of construction at the Pokrovsky mine of the autoclave-hydrometallurgical complex will ensure the processing of refractory ores from the Pioneer, Malomyr and Albyn deposits.It is planned to develop the Kun-Manyer cobalt-copper-nickel deposit located in the northeastern part of the Zeya district.

[qui quaerit reperit] 30/1/2019 07:48

Oh forgot to add....BOOM...!!! We have approval from the Ministry to proceed!!!

[qui quaerit reperit] 30/1/2019 07:47

Approved by order by governor of the Amur region                                                                        FEDERAL AGENCY OF FORESTRYFEDERAL STATE BUDGETARY INSTITUTION "ROSLESINFORG" BRANCH OF FGBU "ROSLESINFORG" "AMURLESPROEKT"FOREST PLANAMUR REGIONMinistry of Forestry and fire safetyAmur regionThe forest plan of the Amur region is a forest planning document, which defines the goals and objectives of forest planning, measures for the implementation of the planned forest development and the zone of such development within the borders of forest districts, forest parks located in the Amur region (Articles 85, 86 of the Forest Code of the Russian Federation)Ministry of Forestry and Fire SafetyThe forest plan of a constituent entity of the Russian Federation was prepared using data from state information systems based on an analysis of the achievement of planned indicators and target forecast indicators for the period of validity of the previous forest plan of a constituent entity of the Russian Federation.Changes to the forest plan of a constituent entity of the Russian Federation are made when the forest legislation of the Russian Federation changes, the number of forest areas, forest parks and their boundaries, the boundaries of protective, operational and reserve forests, the boundaries of specially protected forest areas, the number of specially protected natural territories and their boundaries, information contained in the state forest registry on the quantitative and qualitative characteristics of forests, forest condition, due to the impact of negative natural and anthropogenic factors (forest fires, harmful organisms, windfalls, contamination by radioactive substances) when making and introducing changes to strategic planning documents.Amendments to the forest plan of a constituent entity of the Russian Federation are carried out in the manner prescribed by the Composition of the forest plan of a constituent entity of the Russian Federation, the procedure for its preparation and introduction of changes to it,provided that the planned changes do not lead to a deterioration in the planned performance indicators increase the time to achieve the planned indicators set by the plan of the subject of the Russian Federation.When changes are made to the forest plan of a constituent entity of the Russian Federation, the planned indicators and target forecast indicators for the current year and subsequent years of the validity period of the developed forest plan of the constituent entity of the Russian Federation are specified.The approved Forest Plan of the Amur Region is an obligatory guiding document for state bodies in the field of forest relations at all levels, from the administration of the region to forestry and municipalities.The forest plan of the Amur region is valid from January 01, 2019 to December 31, 2028.Economic efficiency of the implementation of activities of the forest plan of the Amur region for the period of the previous forest plan of the Amur region; indicators of the economic efficiency of the implementation of forest plan activities in the Amur Region.Forest areas are divided into 92 district forest areas, which are also managed by the Ministry of Forestry and Fire Safety of the Amur Region.One of the most important goals of forestry is to ensure its profitability. Yield, in turn, depends on the effectiveness of forest management activities of the forest plan. The effectiveness of forest management activities of the forest plan is determined by the coefficient of profitability of forest use for the costs of protecting, protecting and reproducing forests and implementing the functions of state administration in the field of forest relations. The calculation of this indicator is based on a comparison of income and expenditure of the forest plan.During the forest plan of the Amur region, expenditures on forestry will amount to 10.997 billion rubles, including funds from the federal budget - 7.708 billion rubles, funds from the regional budget - 0.108 billion rubles, funds of persons using forests, 1.010 billion rubles, other sources - 2.169 billion rubles.The total income from the use of forests for the years 2019-2028 will be9.71 billion rubles, including the federal budget will receive 6.53 billion rubles from all revenues, the Amur region budget - 3.18 billion rubles.This forest plan is planned to increase revenues while reducing the cost of carrying out activities of the forest plan, thereby the rate of profitability of the forestry of the Russian Federation will increase and reach 99.4% by the end of the forest plan.Indicators of the economic efficiency of implementation.The development of the generating capacity of the energy complex and the expansion of electricity exports is provided by the implementation of a number of power generation projects. The fuel and energy complex is the most important structural component of the regional economy, one of the key factors ensuring the livelihood of the region.Amur Energy System is represented by:- generating companies - branches of PJSC RusHydro - Zeiskaya HPP (1,330 MW) and Bureiskaya HPP (2010 MW), branch of AO Far Eastern Generating Company Amurskaya Generation, part of the Blagoveshchenskaya TPP (400 MW) and Raychikhinskaya TPP (102 MW );- power grid companies - a branch of PJSC Federal Grid Company of the Amur enterprise of MES, a branch of AO Far-Eastern Distribution Grid Company Amur Electric Networks;- energy sales companies - a branch of PJSC Far Eastern Energy Company Amurenergosbyt, Transneftenergo LLC, Engineering Survey LLC, GlavEnergoSbyt LLC, Rusenergoresurs LLC.The construction of the Nizhne-Bureiskaya hydroelectric station was completed. The design installed capacity is 320 MW. In accordance with the signed agreements, electric power engineering of the Nizhne-Bureyskaya HPP will be supplied with such facilities as the second stage of the East Siberia-Pacific oil pipeline, the Elgin coal deposit, the Vostochny cosmodrome. During the construction of hydropower plants, infrastructure is being created (roads, power lines, housing, social facilities), ensuring the improvement of the living conditions of the population in nearby areas of the Amur Region.The construction of thermal power plants with an installed capacity of 7,920 MW is envisaged on the basis of the Yerkovetsky brown coal field as part of the project for large-scale export of electricity from Russia to China. The project will expand the export of electricity to China via an interstate ultra-high voltage power line. At the same time, the annual coal production at the field will reach 35.4 million tons.The development of coal production is ensured through the integrated development of the Ogodzhinskoye coal deposit, where from 2023 annual production of 30 thousand tons of coal is planned. In the future, investment projects are planned for the development of the Sergeevskoye and Sugodinskoe brown coal deposits.A feasibility study is underway for construction projects for the flood control of the Lower Zeya, Selemdzhinskaya and Gilyuiskaya hydropower plants.The development of generating capacities will allow for the implementation of energy-intensive projects, including the electrification of BAM, the construction of gas and oil refining complexes, the cosmodrome, organizations of processing industries.The development of the oil and gas processing complex is ensured by the construction of the Power of Siberia gas pipeline, which makes it possible to implement an investment project for the construction of the Amur Gas Processing Plant (Amursky Gas Processing Plant) near the town of Svobodny.Deep processing at 49 billion cubic meters is planned at the Amur GPP. m of natural gas per year and produce products with a high proportion of value added.The Amur gas chemical complex is planned to be built with the gas processing plant. The project involves the construction of two stages with a capacity of 1.2 million tons per year.The construction of a methanol plant is planned.The construction of the Amur Oil Refinery in the settlement of Berezovka will allow producing 6 million tons of petroleum products per year with the export of a part of the manufactured products to China.The formation of the mining and metallurgical complex is ensured by the development of mining and processing of iron ore, coal, gold, nickel with the formation of a mining and metallurgical cluster.The basis of the region's fuel balance is coal. The main company engaged in coal mining is Amur Coal, JSC. Brown coal is mined in the North-Vostochny open-pit mines (the Raychikhinskoye deposit), the Yerkovetsky deposit (the Yerkovetskoe deposit), and the stone one on the Ogodzhinsky cut (the Kontaktovy-Ogodzhinsky deposit).The largest gold mining enterprises in the region are enterprises included in the Petropavlovsk Group of Companies (Pokrovsky Rudnik LLC, Albynsky Rudnik LLC, Malomyrsky Rudnik LLC, TEMI LLC), as well as Berezitovy Rudnik LLC, and OJSC Prize Solovievsky ", CJSC" Hergu "and OJSC ZDP" Koboldo "(part of LLC Group of Companies" Priamure ").The plans include the construction of the Garinsky Mining and Metallurgical Combine with a capacity of 7.2 million tons of iron ore concentrate.The construction of the energy infrastructure of the 220 kV OHTL Fevralsk-Rudnaya with a capacity of 220 kV will enable the development of new gold deposits in the Selemdzhinsky district to begin.Completion of construction at the Pokrovsky mine of the autoclave-hydrometallurgical complex will ensure the processing of refractory ores from the Pioneer, Malomyr and Albyn deposits.It is planned to develop the Kun-Manyer cobalt-copper-nickel deposit located in the northeastern part of the Zeya district.The document is over 200 pages and goes in to many details but most important related to us are translated above. Full document link:http://www.amurleshoz.ru/Docs/307/ProectLP/LP.doc

[jrewing3] 30/1/2019 07:35

Another secret document lol

[carcharodoncarcharias] 30/1/2019 07:11

Some good posts there guys, many thanks, but OMG, I've just read the LSE board and what a shambles, it seems one poster has a nasty pop at everyone who doesn't subscribe to his view.
To much hubris and not enough humility, best give that one a wide berth.

Qqr,,,,,,, what's coming today ?, please.

[roofer2] 30/1/2019 07:10

See the old time rampers are out for one last push to try recover massive losses before the lights go out, far too many shares on the books for any sustained rise now, it’s a case of 1p coins going for 3p !
Imo

R2

[crazytowner] 29/1/2019 23:28

What do you think is coming tomorrow morning?

[qui quaerit reperit] 29/1/2019 23:01

Not long now buddy...check pm

[nolosstillsell] 29/1/2019 22:52

That's good to hear. He had a hard time on these boards.

Hoping it's not long now until we are rewarded for our patience.

[crazytowner] 29/1/2019 22:35

I catch up with him occasionally, I think he still holds a sizeable amount like many of us

[nolosstillsell] 29/1/2019 22:31

Yes I agree with your thoughts CT. Do you know if SandyR1 is still around?

[crazytowner] 29/1/2019 21:08

Evening NLTS,We need the PFS, there's no beating around the subject any longer. The numbers will be inline with what many of us believe / have calculated. I'd like to think it will quiet many on here, but the reality is that they will just find something else. The question is, will AMC have something to accompany it.I personally do think that there will be something substantial that either adds strength to production (JV) or a sale (exclusivity agreement).Personally am continuing to add as much as possible at these levels as I see a sizeable rerate being within the next month

[nolosstillsell] 29/1/2019 18:24

Hi CT

At the meeting from memory I am pretty sure that $7.50 is to be used again for reasons of continuity as you say. That along with various other nickel prices both higher and lower.

Good to hear from you.

[qui quaerit reperit] 29/1/2019 17:15

Oh dear, feel sorry for shorters lol, watch this space tomorrow morning...

[crazytowner] 29/1/2019 16:05

From recollection RY mentioned AMC was breakeven at a Nickel price of either below 4 or 4.5$/lb. That was over a year ago and before the great exploration last year.The PFS will detail these numbers, I'm sure 7.5 will be used as it is the reference to nickel price in the original PFS, and also probably something in the region of 10 to reflect analysts forecast.The NPV is going to be huge.Ignore all the noise

[callmebwana] 29/1/2019 15:49

Yes Noloss. You are quite right with your statement.We just have to wait and see what the PFS has in it.

Tad, nice to remind some of these deramping fools what actually is going on.
Playing the same old tune by them gets on my nerves at times.