Amur Minerals Share Discussion Threads

[nolosstillsell] 02/3/2019 17:40

hxxps://amurminerals.com/amur-minerals-passes-a-significant-milestone/

What I am referring to is about 5 mins in. Could be interesting.

[loganair] 02/3/2019 16:46

nol - 'Short term cash route' sounds like RY maybe going for a Free Carry JV which I think maybe AMC giving 70% to the company who is going to finance the project in to production with AMC keeping the other 30% and will only need a small amount of money to pay AMC salaries.

[nolosstillsell] 02/3/2019 16:35

Also I agree with Inaminute. I don't have kids anyway so this is for me and my better half. Talk of 3 years to produce a BFS is ridiculous imo. Even 18-24 months to a TEO is taking the micky imo.

So as Tad said its either a bit of buying time to get the right strategic partner signed up etc or they have the slowest admin/workers in the back offices ever.

Its ok going for a small amount of cash but it makes no odds if we just need it again in 6-12 months with another going concern paragraph in the accounts for the doomsayers to latch onto.

Truth is I don't mind how long it takes but the dilution/rot to the shareprice has to be underpinned somehow imo.

[nolosstillsell] 02/3/2019 16:29

Anyone know what a JV earn in at asset level might be structured like as this could be the short term cash route?

At the meeting in November I asked Paul if equity issuance was the route for now for the existing deal and he said yes it is but RY chipped in and said they are looking to go for cash at an asset level next time round. So anyone got any ideas?

Edit... should say that this was mentioned in one of the interviews as an option for short term cash so that's twice it's mentioned recently and I wonder what it would entail. A question for Thursday maybe if we get no news before.

[qui quaerit reperit] 02/3/2019 15:56

I think they are important to mention because of negotiations involved. RY is trying to get the best price for Amur and very interesting was part where he said very short term financing, why very short term if you plan bfs next year??? And after he says JV. I do believe this is a part of strategic negotiation....can't see a problem with production being 2024 to 2026, we always knew this, it was mentioned many many times?

[inaminute] 02/3/2019 15:41

I think that is why the interview left me somewhat deflated, the momentum I felt from Nov seems to have reduced. Sod the kid's inheritance, I'm hoping this might come good for me :-)Let's see what next Thurs brings

[s0lis] 02/3/2019 15:34

Tad

I would not be so sure that they are interested in bringing everything forward. In his discussion with IG hxxps://amurminerals.com/amur-minerals-passes-a-significant-milestone/ about 8.30 mins in he starts talking about the Russian deadlines for TEO (end 2020) and BFS (2022). Why have they suddenly become important enough to be mentioned ?

I am beginning to side with Fitlike on LSE that he intends to build, but he wants the EV Nickel to be in very short supply before he starts delivering. I tend to agree with RY that that is the easiest to finance and in the long term will produce the best return for the project.

The alternative is he wants a takeover but not till the price of Ni is a lot higher and the build will be up to the buyer.

I think I am going to file AMC shares in the bottom drawer for my children.

[qui quaerit reperit] 02/3/2019 12:59

Well Amur as per rns in 2016 and 2017 were talking that drilling will finish in 2019 but they've managed to complete it a year earlier 2018 so we already running one year ahead, if they will continue like this we may see everything being done this year. I wouldn't pay much attention to the time tables because RY said these are Russian Government deadlines so it doesn't mean for example bfs end of next year, these are only deadlines and we are running a year ahead already:)With regards to funding, I am confident they will have something in place soon so I am not worried and RY comments with regards to JV etc do make sense.

[inaminute] 02/3/2019 11:20

Whilst obviously wanting to keep short term cash requirements at the minimum required, I hope the BOD have allocated sufficient resources to the delivery of the key tasks to meet the milestones. I hope some cost/benefit analysis has gone into this. It's not always about doing everything at the cheapest cost. He talks about now allocating staff to tasks, would like to know how much quicker some of these tasks could be completed with additional resource and what the impact on the overall timelines would be.We're in the fortunate position of knowing (or being able to assume) that the price of our asset will increase over time, and RY may be comfortable with that, but I now want to see a project plan to deliver the strategy to ensure it's tight and appropriately resourced

[courty2] 02/3/2019 11:09

That sounds good ,thanks for that buddy..

[qui quaerit reperit] 02/3/2019 10:40

Listen 11 minutes onwards https://amurminerals.com/bw-business-news-robin-young-ceo-amur-minerals/

[goofrob] 02/3/2019 09:50

Mr Duxy and friends ramping here....in my view this will soon be begging for more shareholder funds...dilution here we come....but GLA..

[plat hunter] 02/3/2019 08:49

"Funding next week"Has the electricity bill just hit the door mat or something?This ain't getting funding for anything.

[courty2] 01/3/2019 20:22

Yep funding next week would be good ,,,lets hope so ,,also the filter list goes on ,

[qui quaerit reperit] 01/3/2019 19:33

I wish this pfs would be in Russian language, would be easier for me to understand:) Do I got this right - $856m income for copper, cobalt etc? Thanks in advance:) Revenues will be derived from copper, cobalt, platinum and palladium contained in the FFS Option produced LGM. Payable Metal Balance (Table 1.10) and the Commodity Pricing (Table 1.15) based revenue credits of $856 million will be generated. At $8.00 per pound nickel price ($17,637 per tonne), the revenue credit equals approximately 48,549 tonnes of additional nickel. This increases the total LOM payable nickel from 388,779 tonnes of nickel to437,327 total payable nickel equivalent tonnes significantly increasing the profit per tonne of mill feed.

[qui quaerit reperit] 01/3/2019 19:29

Potatohead alias roofer,scach etc - well known deramper buddy:)

[cptborelli] 01/3/2019 19:13

Flugelhorn,

That's someone being despondent and writing off their investments. It' not advice to riches you cretin.

You really are thick aren't you

[tialouise] 01/3/2019 18:12

Lol go on then !!!!!!!

[flugelhorn] 01/3/2019 17:47

Look what someone posted on LSE. :)Today 15:27Price: 2.90Potatohead876 postsnickel demandif you look at this historical nickel chart...you'll see form 1989 to 2019, in 9 years out of 30. nickel has been above $8lb. On that basis alone we have a 30% chance of coming good :) With the boom in EV just starting, you never know. Think, I'll just leave my shares in the bottom drawer for a few more years and see what happens.

[tialouise] 01/3/2019 17:33

No there kids can't lock them up !!!!!!!!!!!!

[russian turnip farmer] 01/3/2019 17:29

Plat hunter…..Yes I am being stalked by Tad and his big cousins Nosoap and Bawbag4. Oh dear, just the kind of attitude we would expect from the usual rejects- a total disregard for fellow LTH’s. People like them should be locked up and the keys thrown away.

[tialouise] 01/3/2019 16:30

Next week can't wait lol lol more massive dilution

[tialouise] 01/3/2019 16:29

O dear big sell just dropped is duxy running for cover............