Amur Minerals Share Discussion Threads

[callmebwana] 17/8/2019 14:34

LOL Tad,that was a quick visit by him. :0)

[qui quaerit reperit] 17/8/2019 14:32

Congratulations to james - winner of Darwin awards as most stupid imbecile - prize - free ticket to scum board...!!!

[callmebwana] 17/8/2019 14:29

LOL James.
Thank you for your advice. So I shall use the filter on you now. :0)

[crazytowner] 17/8/2019 14:24

Lmao.... A lifestyle company???.... That happens to have proven up the biggest undeveloped Nickel Sulphide Deposit in the world..#learntheterms

[qui quaerit reperit] 17/8/2019 14:18

Yes Bwana agree and one of the most important facts, of full Government support, needs to be not forgotten too as per below:AMUR MINERALS WILL RECEIVE GOVERNMENT SUPPORT FOR DEVELOPMENT OF A COPPER-NICKEL DEPOSIT Employees of the Ministry of Economic Development of the Amur Region and the leadership of the Amur Investment Agency met with representatives of the mining company ZAO Kun-Manye, a subsidiary of Amur Minerals Corporation. At the meeting, they discussed the forms of state support for infrastructure in the construction of the metallurgical plant. "Now the company is completing a detailed exploration of minerals at the Kun-Manye deposit. And for processing the ore obtained nearby, a mining and processing complex is needed. In the future, the construction of a metallurgical plant is possible. According to the plan, the plant's capacity will be 6 million tons of ore per year. For such a large project, it is planned to build more than 300 km of roads to connect the field and the existing transport infrastructure, "said Randolph Lewis, President and Head of Russian Projects at Amur Minerals Corporation.http://vims-geo.ru/documents/307/ZVETNIE_REDKIE_METALI_RUSSIA_MIR_2018.pdf

[callmebwana] 17/8/2019 13:54

SOlis,yes I was including that as a sell from RF. They have sold over 5.5 Million shares then.
Not that it matter in the bigger picture to me, as I plan to top up some more of these.
I am looking at a minimum return of 30P could be 70P per share for an investment of around 2P.
The guy at BHP states, Nickel is, onces-in-a-generation investment opportunity.
I believe him as well. This is not a statement by me to ramp AMC either.

Mr.Thomas Bowens will steer the AMC ship through.The market has not appreciated his appointment yet !!
As we know,Nickel has out preformed Gold this year.
As you know,AAZ being my biggest holding and AMC my second biggest.
I am a very happy man holding both of them in my portfolio.
AAZ has already paid 118% and will give a lot more yet, AMC will overtake AAZ in % returns.AIMHO of course.
ATB

Very good post Tad.
I believe the ban from Indonesia will come in 2020 as well. That is sure to light a fire under the AMC share price, just hold on to your seats. LOL ;o)

[goofrob] 17/8/2019 13:53

Well said Ebomber...the ramping cartel are odious people...do not believe anything they say is my advice.

[ebomber] 17/8/2019 13:33

But where will the share price be in September 2019, if still around?

Warm words from the ramping cartel who need mug punters to support price and existing shareholders to hold.

DON'T BE A VICTIM OF THE RAMPING CARTEL.

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callmebwana
23 Jul '19 - 08:41 - 933 of 933

Good morning all.
Just remember AMC is in the right place, at the right time, with the right commodity.
July nearly finished September is not too far away.The share price is where it is because of River Fort. I will let the share price do what it does.
I am waiting to see what the FEDF does in September.
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[ebomber] 17/8/2019 13:33

AMC is currently in the lock Jaws of Riverfort.

Around 100 million shares yet to convert plus over 20 million share overhang today!!!

Ladies and gentleman we have at least 5 months of share price collapse on the STRICT BASIS WE HAVE 1 MILLION NET BUYS EVERY DAY FOR THE NEXT 100 TRADING DAYS!!!.

As this is unlikely to happen would suggest a couple of years before the 100 million shares are cleared. Unfortunately, additional "death spiral financing" will occur in coming weeks if AMC company collapse does not happen first.

Whats "death spiral financing" I hear you cry?

Death Spiral Financing : The result of a badly structured convertible financing used to fund primarily small cap companies in the marketplace, causing the company’s stock to fall dramatically, which can lead to the company’s ultimate downfall.

Under a “death spiral” scenario, the holder of the convertible debt might short the issuer’s common stock, causing the stock price to decline, at which time the debt holder converts some of the convertible debt to common shares with which he then covers the debt holder's short position. The debt holder continues to sell short and cover with converted stock, which, along with selling by other shareholders alarmed by the falling price, continually weakens the share price, making the shares unattractive to new investors and possibly severely limiting the company’s ability to obtain new financing if necessary.

Companies willing to agree to financing on these terms often could not obtain funding through any other means due to their early development stage or credit risk.


SUB 1 PENCE --------- 98% DILUTION

[ebomber] 17/8/2019 13:32

Raising new money for the survival of AMC is proving difficult for Robin right now. Prostituting an opportunity 10-15 years away is too high risk.

Even sustaining capital cannot currently be raised and as every week goes by loan funds are depleting to zero in August 2019.


Many now expect this RNS in the coming weeks.
______________________________________________________________

"Amur Minerals Corporation Proposed Cancellation of trading on AIM"
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I trust this helps explain the silence of the AMC Directors?

[qui quaerit reperit] 17/8/2019 13:28

Indonesia will jeopardize 10% of the nickel market by banning ore exports in 2020 - VTB Capital, FINMARKET.RU The postponement to the next year of the ban on the export of nickel ore by Indonesia may cost the nickel market 215 thousand tons, or about 10% of its volume, VTB Capital notes in its review.The President of Indonesia asked the government to consider accelerating the ban, which is now set for January 2022, which has strengthened market speculation on this subject, thanks to which nickel has risen in price by more than 30% since July. The first ban on the export of nickel ore was introduced by Indonesia in 2014, but in 2017 it was partially lifted for companies that committed to build processing facilities in this country. According to the Minister of Finance of Indonesia, the consequences of the ban will be even more significant - 500 thousand tons, or $ 4 billion. VTB Capital believes that the price of nickel will respond to this measure in any event, as the nickel reserves in LME's warehouses do not exceed 170 thousand tons. The nickel market, which expects demand from the electric vehicle industry to grow, will be unbalanced. Norilsk Nickel, of which nickel forms 30% of revenue, may become the main beneficiary of such a situation, VTB Capital concludes

[s0lis] 17/8/2019 13:16

Bwana,

If you are including the 1.5m at 1.8p as being Riverfort's I have to disagree. I think this was a buy carried over from the 14th and the main reason the price has risen.

Also interesting that it has created what I call a pivot point on the chart ( ? Morning star ?). This followed by 2 days of the price gapping up augurs well for the price. Let's wait and see.

[callmebwana] 17/8/2019 11:02

I see River Fort dumped quite a few shares yesterday 6/7 Million of their holding has already been sold.
Chart starting to look good as well. MACD up,RSI up,AMC Chart on the way to form a Golden Cross slowly.
ATB and GLA.

[gb99165] 17/8/2019 10:56

So why don't you consume your time to short the stock even more at the expense of everyone else who are long. Why do you feel you need to post all your negative thoughts- is it some form of tension release for you?

[crazytowner] 17/8/2019 10:49

Ebomber, the only FACT is that you are a deceitful proven liar.. You have shown your true colors here and to those on your beloved TERN thread..#TotallyExposed

[nolosstillsell] 17/8/2019 09:10

The guys a tool. Simple as that. Needs to grow up.

[thedickster] 17/8/2019 07:35

Mr 500k seller got 3 chunks in late Friday

[crazytowner] 16/8/2019 22:05

This hits the nail on the head in my opinion Showercubicle and why AMC is in the perfect position.. Whether Nickel is $7 or $15 per lb will not have any significant effect on the price of an Electic Vehicle to the manufacturer or end customer. .However..... Imagine a major motor company such as Jaguar, Volvo etc etc who are moving quickly towards EVs suddenly unable to make or obtain batteries, there whole fleet stuck whilst their competitors soak up their market share. .This is why they are trying to lock down long term supply and why I believe AMC will be sold for an astonishing amount..I think our sale price will be based upon the desire to secure supply long term supply rather than a Nickel Price and as such think that we'll over £1 per share is achieveable

[showercubicle] 16/8/2019 21:48

Forbes.com

'Nickel is hotter than gold'

"Some analysts suggest stockpiling by electric vehicle manufacturers is behind the depletion. Whether this is the case or not, we see the tight market meaning further inventory drawdowns are likely.

Talk Of Panic Buying

"Current LME stockpiles would meet less than two months of supply --- so panic buying is a likely outcome."

It is highly unusual for a bank like ANZ to use an expression as emotive as panic buying but it was used largely because of concern that speculators had become active in the nickel market ahead of Indonesia's reintroduction of a ban on NPI.

Pure-play Australian nickel mining companies are enjoying sharp share price rises as the nickel price moves up. Western Areas has risen by 25% over the past month and Mincor, which has just re-signed a supply agreement with BHP, a major producer of the nickel sulphate which battery makers prefer, is up 28%.

If there is a squeeze developing on nickel supplies as a major new market develops for the metal the price could go much higher than its current $7.09/lb.

[russian turnip farmer] 16/8/2019 20:53

open the bottle, close the bottle.