Amur Minerals Share Discussion Threads

[ebomber] 11/8/2019 20:02

James 1955

AMC current and future funding is the elephant in the room.

Until this is resolved we should expect the "death spiral" to continue for months.

sub 1 pence.

Trust the ramping cartel will continue to intimidate and threaten when an alternative lens is presented on the current and future prospects of AMC. Says it all really.

C'mon BoD's the LTH deserves something concrete and explanation of what is really going on right now.

Paying monthly loan interest from those same loans is not a sustainable business model beyond end of August 2019.

For any potential new investor I have a very substantial financial position in AMC.

[ebomber] 11/8/2019 19:49

James 1955

Excellent observations that any potential mug punter should first research.

[james1955] 11/8/2019 18:12

eBomber, Marin Katusa once said, "we all know who buys Russian deposits - An Oligarch"

Another side note, now that last week we employed another BOD member, that means more cash spent on paying another salary...

[crazytowner] 11/8/2019 18:06

ebomber, your post has been reported as it contains multiple lies.You really are a deceitful weasel

[ebomber] 11/8/2019 17:22

James1965

AMC are in no position to react to anything at such a depressed share price.

AMC could easily be suspended if unable to raise next tranche of sustaining funds to pay for working capital and BoD's remuneration. Alternative is death spiral finance YET AGAIN.

IMHO the resource will be picked up for almost nothing following any demise. We must remember over $1 billion required to build the infra-structure required to exploit the resource and it will take some 10-15 years to realise revenue generation.

BE WARNED!

ANY NEW INVESTOR MUST UNTERTAKE DUE DILIGENCE.

IN PARTICULAR INVESTIGATE NATURE OF FUTURE FINANCING.

LIKE MYSELF MANY ARE OF THE VIEWPOINT THIS "DEATH SPIRAL" WILL CONTINUE FOR SOME MONTHS UNTIL FUNDING CONFIRMED.

[james1955] 10/8/2019 23:19

Cobalt isnt going to last in the EV GAME.

The reason Glencore deicided to halt production at the worlds biggest Cobalt mine is because Vanadium batteries provide a much better composition.

Now what will AMC do?

[thedickster] 10/8/2019 16:40

Apologies, wrong thread.