Amur Minerals Share Discussion Threads

[ebomber] 01/7/2019 08:52

In the event lost amongst the FILTERED





Projected Capital Costs
The projected initial capital cost for the operational design is based on public information, which has been calculated by staff and sourced by external organisations. Presently, the initial capital expenditure for a fully Toll Smelt operation and the Owner Operated furnace facility ranges from approximately $US 550 million to $US 700 million.

A summary of the initial capital requirements follow:

Smelt Only = $561.7 million

Infrastructure & Perm Facilities = $467.4 million

Mobile Equipment = $94.3 million

TOTAL CAPITAL OUTLAY = $1.123 billion


From the AMC website. Can this possibly be true? A £17 million company looking to raise over $1 billion in funds just to start mining?

Some would rightly conclude this will be challenging and ask on what timescale?

It is good to dream but to think these amounts of money could be raised is FANTASY.

LTH's need to sometimes wake-up and direct any anger towards their BoD's. The BoD's are in full control of the fate of this company and ultimately a shareholders investment.

FURTHER 98.5% DILUTION ON TODAYS SHARE PRICE FOR $1 BILLION FUNDRAISE.

STRUGGLING RIGHT NOW TO UNDERSTAND THE BUSINESS CASE TO INVEST IN AMC.

[duxy786] 01/7/2019 08:41

Absolute bs and shows this idiot has no clue about the project.Listen to him as your own peril.Or listen to the CEO of Amur on YouTube and you will see a proper time line. We should be cash flow rich by 2024 with the share price well over 50p by then. The JV will see to that. Ebomber is just bitter.

[ebomber] 01/7/2019 08:37

With a number of large holders selling down in anticipation of the next "survival" placing. Cartel members apparently all buying big. Unfortunate these "dark trades" NEVER SHOW.

Little liars!

Selling down makes absolute sense when AMC will not see a cashflow positive position for over 10 years.

Excellent trading share AFTER imminent placing and sub 1 pence. It will be obvious timing with the forward selling that will take place in substantial quantities.

We are close, very close.

[jrewing3] 30/6/2019 22:13

The cartel are selling imo.

[showercubicle] 30/6/2019 21:24

Jinchuan Group Ltd. is a Chinese company based in Gansu. It produces the metals nickel, copper, cobalt, platinum, palladium, gold, silver and selenium. As of 2007 it has the capacity to produce 150,000 metric tons of refined nickel per year, producing 90% of China's output, and is the largest nickel producer in Asia.


So it seems surprising that Jinchuan Group has not issued a single 'nickel related' comment in the month of June.

[showercubicle] 30/6/2019 21:16

From a link posted by TDT on Lse


A May 2109 article I came across this month from Mining.com reported:

Confusing signals cloud London nickel market - opinion. The London Metal Exchange (LME) nickel market was last week gripped by the most acute tightness in a decade. Falling inventory and tighter spreads are normally strong bull signals in a commodity market. And in nickel’s case they seem to tally nicely with the International Nickel Study Group’s [INSG] forecast that supply will fall short of usage for the fourth successive year in 2019. However, conspicuous by its absence is any strength in the outright nickel price, which has fallen from a March high of $13,765 per tonne to a current $11,910. Nickel has been caught up in the broader base metals negativity caused by slowing global manufacturing activity and U.S.-China trade tensions. Chinese players also appear to have stopped buying nickel as a derivative of the rampant iron ore price. Some of the metal leaving LME warehouses may well have gone to meet end-user demand but there is a robust analysts’ consensus that some of it has simply been moved to statistically opaque off-market storage..... Resurgent mine production in Indonesia, up 71% last year, is driving strong nickel pig iron (NPI) production. This collective sense of coming weakness in China’s giant stainless steel sector, the single biggest end-user of nickel, is also why the LME nickel price has been drifting.

[russian turnip farmer] 30/6/2019 20:33

I don't mind...I know how to spell nickers.....which is probably more
than QQR/TAD does...tee hee

[s0lis] 30/6/2019 20:30

seaclipper

Yep, but tell me what is happening..................................

Got to amuse yourself somehow

[seaclipper] 30/6/2019 19:11

..i thought i was on the AMC Nickel thread....

[seewhatimean] 30/6/2019 17:24

I love your mum.

She swallows and wipes up after herself.

What's not to like?

[seewhatimean] 30/6/2019 17:17

That's certainly not your mum.

[seewhatimean] 30/6/2019 17:11

Your mum is as special as you - VERY!!!!!!!!!!!!

#justsaying #relaxandacceptthetruth

[seewhatimean] 30/6/2019 17:10

Did you get one yourself?

If you are gonna have a go on your mum it would be rude not to take up the Greggs offer wouldn't it?

[thedickster] 30/6/2019 16:23

For "completeness" I should add, SWIM hailed a "lift" from this "buff lady-gent". No problems with traffic on the North Circular!

[leechang] 30/6/2019 10:04

Better overdose