Amur Minerals Share Discussion Threads

[callmebwana] 08/5/2019 10:11

SOlis, yes the EV batteries need the Nickel and the LME stocks are falling every week too. But no news re the road or anything else !! We all know there is going to be demand for the stuff we have discovered at Kun Manie.
On the other hand if AMC has to go the way of BFS we are looking at a lot longer time frame and a lot more share dilution. It is all a a bit of guess work by us.
Don't forget it will take at least over three years to build the mine. We can't build the mine unless we have a road.AIMHO of course.
ATB.
Edit.
The only consolation I have is that RY only took $500K from River Fort. There can't be much left of that in the kitty now. That is the clue why I bought a lot more of these shares.

[s0lis] 08/5/2019 09:57

For those that subscribe to the Times

hxxps://www.thetimes.co.uk/edition/business/rising-metals-prices-set-to-give-electric-car-industry-a-shock-szh5jqwxd?utm_source=newsletter&utm_campaign=newsletter_103&utm_medium=email&utm_content=103_5920487&CMP=TNLEmail_118918_5920487_103

[qui quaerit reperit] 08/5/2019 09:11

I know and agree this silence is not acceptable...you either do what you said ( with regards to RY words very short term ) or you don't say something like this at all...

[callmebwana] 08/5/2019 08:27

Good morning all.
Yes tad but the days turn into months !!
Since the PFS we have not had any news from the BOD !!
ATB.

[ebomber] 08/5/2019 08:08

It is important to keep positive if you remain a holder of this stock.

"Every day we getting closer and closer to something big..."

Unfortunately only another 5,000 to 10,000 days to wait until AMC generates any revenue.

In the meantime every day getting closer to the next placing disguised as yet another loan.

PFS released by AMC in February 2019 …. highlighting a three year construction period (at least)

[ary82] 08/5/2019 06:52

I hope so QQR but it feels like ground hog day at the moment!

[qui quaerit reperit] 08/5/2019 00:10

Every day we getting closer and closer to something big...

[qui quaerit reperit] 07/5/2019 15:47

mm's playing games?

[callmebwana] 07/5/2019 15:35

I don't know what to make of the trades in this share !!
Very small trades, someone sold 128 shares !! A lot of trades around £200/300 as well.

[russian turnip farmer] 07/5/2019 14:36

Some of us are so far down, it's pointless selling

[goofrob] 07/5/2019 14:14

RAMP..RAMP..RAMP. Hope some of you get out before the next fall!!

[ebomber] 07/5/2019 13:03

In the event lost amongst the filtered posts. With all the net sells today maybe many are waking up to the prospect of waiting 5-10 years and a number of placings before this opportunity generates any revenue.


READ AGAIN: Results from Amur Minerals’ 2018 drill programme at Kun-Manie verified

Remember this company is currently valued at £19 million!!!

"The group added that the total capital cost of the 338-kilometre long road is anticipated to be in the order of US$129mln".

Road building scheduled to start in 2020/21.


This could read like jam tomorrow but to build a 338km road does not take a couple of months. Suspect revenue generating in the 5-10 year horizon.

Net cash flow positive closer to 10 years than 5 years.

Could view this as rather high risk and high reward, deferred for 5 years. In the meantime how many loans and placing stock?

I'm really struggling to understand exactly the business case to invest in AMC today at 2.7 pence (mid price)?

Should be at least trading at sub - 1 pence with no immediate prospect of revenue.

[callmebwana] 06/5/2019 23:05

Tad, on another hand ORR, I think give it a miss. Read the Wanobi thread on AAZ please.

[seewhatimean] 06/5/2019 20:09

Think you are talking about Terd.

Remember this company is currently valued at £100k!!!

This could read like jam tomorrow but it wastes money on 'investments' that have no revenue.

I'm really struggling to understand exactly the business case to invest in Terd today at above 0.01 pence (mid price)?

Should be at least trading at sub - 1 pence with no immediate prospect of revenue.

[duxy786] 06/5/2019 02:46

https://insideevs.com/news/347915/jaguar-i-pace-batteries-speth-interview/amp/