Amur Minerals Share Discussion Threads

[seewhatimean] 16/8/2019 11:02

How is the worthless dog Terd working out for ya??????????????

HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!HA HA HA!!!!!!!!!!!!!!

[ebomber] 16/8/2019 10:57

Ouch!

In the meantime in the real world AMC hits a 5 YEAR DOWNWARDS PRICE BREAKOUT / BREAKDOWN.

_________________________________________________________

14/08/2019
07:57
Breakout
Amur Minerals hit a DOWNWARDS 5 year price breakout.
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C'mon Robin we have a couple of months left in the month for the BoD to save AMC before the next bucket shop placing and MASSIVE dilution.

Be honest with your shareholders about what is really happening in the City?

[gizmohican] 16/8/2019 10:32

Me too inaminute

[inaminute] 16/8/2019 10:13

A 10 bagger would be a start, it's not why I'm here though. Thanks for the write up Giz. I'd pay a pretty penny to be in an AMC board meeting at the moment!

[gizmohican] 16/8/2019 09:01

Let’s hope we get the news we hope for

[seewhatimean] 16/8/2019 08:59

Do you live the Land of Fantasy?

Very nice.

Have you told your mummy all about it?

Bless.

[crazytowner] 16/8/2019 08:38

Nice one Giz.I hope everybody takes time to read it.I truly believe AMC is a once in a lifetime event and that we are on the cusp of it occurring

[patio58] 16/8/2019 08:28

A 10 bagger from here is a market cap of around 150m which is still ridiculously low.

[gb99165] 16/8/2019 08:27

Depends what time zone one lives in you dufus

[callmebwana] 16/8/2019 08:27

Nice write up Giz.
Multiples of the current price,yes that is what I am expecting here.
GLA.

[seewhatimean] 16/8/2019 08:03

Ever so lonely!!!!!!!!!!!!

Seriously PM me if it helps you through the day. Oh I forgot you can'y - you're FIL-TERD!!!!!!!!!!!!!!!!

enigma2OO2 16 Aug '19 - 07:27 - 2819 of 2819 (Filtered)

[gizmohican] 16/8/2019 07:49

EV’s will make nickel a once-in-a-generation investment opportunity, says BHP

Barry FitzGerald BARRY FITZGERALD
Independent Journalist
More EVs and more nickel in each of them will drive nickel demand through the roof, says the head of BHP’s Nickel West arm. His forecast is great news for those juniors with large nickel deposits awaiting development, such as the Jaguar project just acquired by Centaurus from Brazilian giant Vale. Plus, Venturex’s $100m debt deal sets it up to become one of the few ASX-listed copper producers.

The display of oomph at last week’s Diggers & Dealers conference in Kalgoorlie was not restricted to the gold stocks.

The nickel stocks made sure of that, with none other than BHP leading the charge in a presentation by its Nickel West president, Eddy Haegel.

Nickel West is the formerly unloved BHP unit that has come into its own in response to what Haegel described as a once-in-a-generation opportunity presented by the gathering nickel-rich battery boom.

Haegel said that in addition to the rapid growth in electric vehicles sales, BHP expects nickel-in-vehicle demand to surge, driven by three factors.

The first is batteries are becoming bigger to improve vehicle range and performance. Next, nickel-based cathodes are taking market share from non-nickel cathodes because they’re “simply better”.

And finally, increasing nickel in battery chemistries increases energy density, delivering better performance and lower costs.

“It is important to understand that a 60kwh NMC811 battery needs 9kg of cobalt, 11kg of lithium and a massive 70kg of nickel,” Haegel said.

While stainless steel still accounts for about 70% of nickel consumption, batteries is the fast growing subset, to the point where EV’s alone could account for all of the current production in the late 2020s.

Haegel sounded a note of caution about the here and now. While BHP thinks there is going to be a significant increase in global nickel demand, it is a case of not just yet.

“We do not expect to see a meaningful impact on the nickel market from batteries until the mid – late 2020s. Only then, do we expect to see serious industry investment by Class 1 nickel producers,’217; Haegel said.

“However, we will not rest waiting for that day to arrive. We are actively developing options to position ourselves for this once-in-a-generation opportunity.’’

It is against that backdrop that the nickel price has been a strong performer of late. The current price of $US7.17/lb compares with the 2018 (calendar) average of $US5.95/lb, and the 2017 average $US4.72/lb.

CENTAURUS METALS:

Talking about once-in-a-generation opportunities, Centaurus Metals (CTM, trading at 0.9c for a market cap of $24m) has just seized one which gives it a ticket to the battery-led nickel party discussed above.

In what was probably the most significant announcement by a junior at D&D, Centaurus made everyone sit up and take notice when it revealed it had struck an option deal to acquire the Jaguar nickel sulphide project in Brazil from Vale, no less.

Jaguar comes with a foreign resource estimate of a near-surface 40.4mt grading 0.78% nickel for a total of 315,000t of contained metal across a cluster of deposits, with lots of exploration upside to boot.

It is a lot of nickel for a company with a $24m market, particularly, as was mentioned here on May 31 when Centaurus was trading at 0.8c, its market value is pretty much covered by its Jambreiro iron ore project in Minas Gerais state.

Assume long-term-term iron ore prices of $US60-$80/t, Jambreiro could be good for $A20-$A25m in pre-tax operating cashflow. But it is not in production and it has to be said its importance to Centaurus has been overwhelmed by Jaguar.

Jaguar sits in the western portion of the Carajas mineral province and covers 30sqkm of land containing the known foreign resource estimate (based on 55km of diamond drilling by Vale) and at least four exploration targets.

To complete the acquisition, Centaurus is up for a $US250,000 upfront cash payment, the transfer of its Salobo West copper-gold exploration tenements to Vale, two deferred payments totalling $US6.75m and a production royalty of 0.75%.

Vale will have offtake rights (its Onca-Puma nickel mine is in the region) and importantly, preliminary metallurgical testwork by Vale has indicated a high-grade and quality nickel concentrate can be produced from Jaguar’s sulphide mineralisation.

It is not a deal that would have been available to others as it reflects both Centaurus’ long-term commitment to Brazil and Vale’s interest in Salobo West, which is near its Salobo mine, its biggest copper operation.

Centaurus hits the Eastern States next week to promote the Jaguar deal and assuming a good reception, raising some funds to get cracking on Jaguar’s near-term potential as an open-cut producer from higher grade sections of its resource base will a key talking point.

VENTUREX:

Venturex boss AJ Saverimutto had a good reason to be wearing a sharp suit at an investor lunch at the Palace Hotel on the opening day of the D & D conference.

AJ had just announced Venturex (VXR, trading at 18c for a market cap of $54m) had locked away a $100m senior debt funding package with commodities trader Trafigura for its Sulphur Springs copper-zinc project in the Pilbara, 145km south of Port Hedland.

The debt deal means that Sulphur Springs is pretty much on its way – once the equity component of the $169m capex project is locked away - to becoming Australia’s next base metals producer in an ASX market where leveraged investment opportunities for copper in particular are thin on the ground.

As much as nickel is needed for batteries in the electric vehicle and the storage of renewable energy revolution, copper is even more so. About 80kg of the red metal is required for an EV alone, a fact that underwrites expectations that the world will be short about 4mpta of copper come 2025.

Sulphur Springs’ high-grades – it nets out at about 3.3% copper equivalent – from five years of open cut mining, followed by five years of underground mining as the starting point, makes it a development for the times.

Based on realistic metal price assumptions, the 1.2mtpa operation (easily expandable to 2mtpa on the conversion of exploration upside to additional resources/reserves) will generate revenue of about $209/t and a before-tax margin of $65/t.

Multiply that out and Sulphur Springs is good for about $80m in average annual free cashflow, or $800m over the initial 10 year mine life. That’s why Venturex has been able to lock away the $100m in debt funding in a market where debt funding for projects held by juniors is virtually non-existent.

Northern Star has been a supporter of the story since 2012 and is Venturex’s biggest shareholder with a 19.8% stake.

AJ said a number of equity options would be looked at to complete the financing, including the possible introduction of a strategic partner who would be happy with Trafigura’s 100% offtake for the first 11 years, 50% thereafter.

Broker valuations of the stock which pre-date the debt component of Sulphur Springs, a major de-risking event if there ever was one, were multiples of the current price

[gb99165] 16/8/2019 02:00

I suppose the word DELINQUENT was defined for the likes of you. Is there really a need for you to post your inner thoughts of madness on this board? You need to take a break and get ready for your repeated year in kindergarten

[seewhatimean] 15/8/2019 16:44

Thanks Uzbecki Carrot Farmer.

Maybe you can get your carer to help with your reading?

#justasuggestion

[crazytowner] 15/8/2019 16:36

I'm expecting news prior to Far East meeting.So I'm expecting something game changing by the end of the month:)

[russian turnip farmer] 15/8/2019 16:32

Well said SEEMEIMANIDIOT.
your superior education and wit shines through again! not.

[qui quaerit reperit] 15/8/2019 16:16

Yes I think so too Bwana:)

[seewhatimean] 15/8/2019 16:14

You mean Terd Uzbecki Carrot Farmer.

You are clearly drunk again.

[russian turnip farmer] 15/8/2019 16:08

qui quaerit reperit 39TH May '19 - 08:92 - 157762 AMC is just a tax on stupidity and boy am I stupid, PLACING AFTER PLACING AFTER PLACING AFTER PLACING AFTER PLACING JUST TO KEEP THE LIGHTS ON!

[seewhatimean] 15/8/2019 16:08

You need to put the Palinka down Uzbecki Carrot Farmer. It does you no good.

[russian turnip farmer] 15/8/2019 16:07

We are still waiting on the good news from September 2018.

[brasso3] 15/8/2019 16:05

1.9p today but for certain it will be around 1.6p tomorrow without news.