Amur Minerals Share Discussion Threads

[qui quaerit reperit] 05/9/2019 16:58

Just a thought...It would be great if the board of directors could get their fingers out of their a$$es and provide rns instead of us having to invest our money and dig out the info ourselves...

[kipper62] 05/9/2019 16:23

JRE If you are sharing your thoughts or hoping for guidance from a BB to spend £250K on any AIM share then I suggest you listen to your wife. You should not be trusted with money. And I really do not mean any offence.

[buzzarn] 05/9/2019 14:35

Good luck with that Bwana. I've topped up recently. Things are looking very positive for amc.

[nolosstillsell] 05/9/2019 14:32

Thanks Tad. So we are deffo on the list. It would take a brave person to be out of this at this stage now imo.

[qui quaerit reperit] 05/9/2019 14:28

Once you've clicked on point 3.1 you will get following:The goals of socio-economic development of the Amur Region until 2025 are: increase in GRP by 96%; attracting at least 1.25 trillion rubles of investments in fixed assets of organizations; creation of at least 15 thousand new jobs in the economy; providing indicators of the development of the social sphere and transport accessibility, provided for in section 2.2. of this Program. Achieving the goals of socio-economic development of the Amur Region until 2025 will be carried out through the following measures: in the field of economic development: extension of the Priamurskaya ASEZ, Belogorsk ASEZ and Svobodny ASEZ to land plots for the implementation of new investment projects, including small and medium-sized enterprises; the spread of the regime of the free port of Vladivostok in the city of Blagoveshchensk; commissioning of the Amur gas processing plant with a capacity of 42 billion cubic meters. m of natural gas (2025); construction of the Amur gas chemical complex; reaching the design capacity of the Vostochny spaceport (2025); reaching the design capacity of a mining and processing plant on the basis of the Ogodzhinsky coal deposit (2022), a methanol plant in Skovorodino (2024); construction of a transport and logistics complex in the area of ??a cross-border road bridge across the river. Cupid between the cities of Blagoveshchensk (RF) - Heihe (China); preparation for the development of the copper-nickel deposit Kun-Manye, titanomagnetite deposits Big Seyim and Kuranakhskoye; creation of the Golden Mile tourist and entertainment zone

[qui quaerit reperit] 05/9/2019 14:26

Hi Noloss, sure, please see below:https://www.mega-mir.com/news/section3720/element2492419/You will also need to click on point 3.1 - Amur region and an article will expand showing the plan for Amur region.

[inaminute] 05/9/2019 14:25

Yes I recall it specifically mentioning our mine, but let's have another look pleaseThanks

[nolosstillsell] 05/9/2019 14:21

Hi Tad, Thanks for posting your findings. Could you post the link please to the actual plan that is being talked about again. I'm sure it specifically mentioned AMC in it.

Thanks

[gizmohican] 05/9/2019 14:18

30 billion rubles, so about 368,597,208.00 Pound sterling

[gizmohican] 05/9/2019 14:15

Sounds very positive Tad many thanks

[qui quaerit reperit] 05/9/2019 14:12

To finalize it, but agreement with bank already signed - Amur Region and Sberbank signed a cooperation agreement on the sidelines of the Eastern Economic Forum, which provides for the bank?s participation in investment projects and modernization of the region?s enterprises, the regional government?s

[gizmohican] 05/9/2019 14:02

so another 2 and half months then...

[qui quaerit reperit] 05/9/2019 13:57

WEF 2019 Sep 5, 05:26 The national development program of the Far East is planned to be finalized in 2.5 months The Plenipotentiary Representative of the President of the Russian Federation in the Far Eastern Federal District noted that the governors of the Far Eastern regions who spoke at the State Council supported the program presented and expressed their wishes for its implementation VLADIVOSTOK, September 5. / TASS /. The national development program for the Far East for the period until 2025 and for the long term until 2035 will be finalized in 2.5 months, taking into account the wishes of the leaders of the Far Eastern regions and ministries. This was announced by the plenipotentiary of the President of the Russian Federation in the Far Eastern Federal District (FEFD), Yuri Trutnev, in an interview with Russia-24 on Thursday. The program on the development of the Far East was discussed on September 4 during a meeting of the Presidium of the State Council chaired by Russian President Vladimir Putin in Vladivostok as part of the Fifth Eastern Economic Forum (WEF). "We must finalize it within two and a half months," Trutnev said. He noted that all the governors of the Far Eastern regions who spoke at the State Council supported the program presented and expressed their wishes for its implementation. "Based on their wishes, taking into account the reaction of the ministries, we'll finalize the document a little. In addition, we need to complete the work on coordination in the government, first of all, from the point of view of the sources of financing the program," said the representative of the President of the Russian Federation in the Far Eastern Federal District on the preparation of the program. The Fifth Eastern Economic Forum takes place in Vladivostok on September 4-6. Its organizer is the Roscongress Foundation. TASS - general information partner, official photo hosting agency and moderator of the Far East Innovation Opportunity Presentation Zone.

[qui quaerit reperit] 05/9/2019 13:22

Boom!!!!!BLAGOVESCHENSK, September 5. / TASS /. Amur Region and Sberbank signed a cooperation agreement on the sidelines of the Eastern Economic Forum, which provides for the bank's participation in investment projects and modernization of the region's enterprises, the regional government's website reported on Thursday. ON THIS TOPIC Eastern Economic Forum - 2019. Day Two "The head of the Amur Region Vasily Orlov and the chairman of the board of Sberbank German Gref signed a cooperation agreement today at the WEF. The Bank plans to participate in the implementation of investment projects in the region, support innovative development of the industrial complex, technical re-equipment and modernization of enterprises in the Amur Region. Sberbank also intends to jointly conduct work in various directions, including housing and communal services, healthcare, infrastructure construction, "the report says. Sberbank's loan portfolio in the region is more than 30 billion rubles, almost 5 of which are in small and medium enterprises. Tax deductions amount to 550 million rubles. The Governor of Amur Region and the head of Sberbank discussed the possibility of jointly implementing a leasing program for the needs of hospitals and schools, as well as financing concession agreements. The possibility of the region's participation in the project "Artificial Intelligence in Medicine", which is aimed at the development of digital healthcare technologies, was also considered. The Fifth Eastern Economic Forum takes place in Vladivostok on September 4-6. Its organizer is the Roscongress Foundation. TASS is a general information partner, official photo hosting agency and moderator of the Far East Presentation Zone for Innovative Opportunities.https://tass.ru/ekonomika/6849360

[gizmohican] 05/9/2019 11:52

PM Modi speaks at EEF: India extends $1 billion line of credit to Russia's Far East
In his speech, PM Narendra Modi said the friendship between India and Russia was not restricted to governmental interactions in capital cities, but was about people and close business relations
twitter-logo BusinessToday.In Vladivostok Last Updated: September 5, 2019 | 15:53 IST
PM Modi speaks at EEF: India extends $1 billion line of credit to Russia's Far East
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Addressing the plenary session of the 5th Eastern Economic Forum here, Prime Minister Narendra Modi announced a $1 billion line of credit for the development of Far East region of Russia. In the presence of Russian President Vladimir Putin, the Indian Prime Minister also unveiled the "Act Far East" policy to boost India's engagement with Russia's Far East region.

"India will give line of credit worth $1 billion to contribute to the development of Far East. This is the first time that we have extended line of credit to a specific region of a country. My government has actively engaged East Asia as part of its 'Act East' policy. And I firmly believe that today's announcement would be the take-off point for 'Act Far East'. This move will add a new dimension to the economic diplomacy of the two countries," Modi said at a packed house here.

In his speech, PM Modi said the friendship between India and Russia was not restricted to governmental interactions in capital cities, but was about people and close business relations.

[russian turnip farmer] 05/9/2019 10:36

SWIM....you're being a naughy boy again, any more of this nonsence and you'll be going to school wearing shorts again!

[seewhatimean] 05/9/2019 09:52

Let her know that I'll be round later to give her what she needs.

There's a good lad.

[seewhatimean] 05/9/2019 09:50

You and that mirror gobbley gooch 99165. Shouldn't you be at school? Or is your mummy 'looking after you'?

[gizmohican] 05/9/2019 09:22

Tesla: The Growing Nickel Problem
Sep. 4, 2019 2:36 PM ET|139 comments | About: Tesla, Inc. (TSLA)
Bill Maurer
Bill Maurer
Long/short equity, long only, short only, Growth
(20,569 followers)
Summary
Indonesia accelerates export ban plan.

Nickel prices have doubled since Model 3 launch.

Supply questions will rise into Model Y launch.

Electric vehicle maker Tesla (TSLA) continues to ramp up production of the Model 3 this year, not only expanding its presence in Fremont, California, but with the launch of a new Gigafactory in China very soon. Production volumes are expected to climb greatly in the next few years as the company also launches its Model Y, Tesla semi, new Roadster, and perhaps a pickup truck. Unfortunately for the company, a key battery metal has seen an unfortunate turn of events that could hurt future plans.

The country of Indonesia, which reportedly accounts for 27% of the world's nickel supply, announced last week that it was accelerating its export ban for the metal. The original plan was to stop exporting nickel after 2021, but there were thoughts recently that the timeline would be moved up perhaps a year or so. Last week's shocking news was that the ban would start after December 2019, partly an effort to stop the country's rising government deficit.

Just like everything else, when supply of an item goes down, or is expected to in this case, prices go up. There has been a sharp rally in nickel prices after the news, with the metal going for $8.45 a pound as of Monday, Sept. 2. As the chart below shows, that means the price of nickel has basically doubled since the summer of 2017, when Tesla launched the Model 3.



(Source: infomine.com, seen here)

A dollar or two a pound in the rise of the cost of nickel doesn't seem like much, but when we start to see moves of $4 or perhaps more the situation gets a bit more interesting. One resources company executive stated earlier this year that there are 50 kilograms of nickel in "that Tesla battery," and I'm guessing that he was referring to the Model 3 since that was the model everyone was talking about.

If you convert that number, you'd be looking at 110 pounds of nickel in each Tesla battery, but you can expect that larger battery Model S/X vehicles add to the overall average. While the company has changed its battery chemistry somewhat over time, nickel is the most important of the three metals used, outside of lithium, of course. As the graphic below shows, nickel also goes into Tesla's energy products like the Powerwall, which itself may be more impacted by news of a huge cobalt mine closing by the end of the year.



(Source: electrek article, seen here)

To figure out the true financial impact on Tesla, let's assume that for each vehicle produced, the company needs 125 pounds of nickel. The actual amount could be even higher when you account for waste, as well as the metal used in Tesla energy products. A $4 rise in nickel prices would mean an extra $500 cost per vehicle, which at 100,000 vehicles per quarter is a $50 million impact every three months. When you already are losing $400 million per quarter, this really hurts in the quest for profitability.

It certainly will be interesting to see what happens once the nickel ban goes into effect in a couple of months. LME warehouse levels of nickel are about a third of what they were just four years ago, which certainly has contributed to the sharp rise in the price of the metal. As Tesla was gearing up for the Model 3 launch, prices of cobalt went from $10 a pound to almost $45. A similar rise in percentage terms for nickel would mean double digits easily, maybe $15 or even $20 as supply concerns rise.

With Indonesia moving up its export ban on nickel to the end of this year, electric vehicle makers like Tesla are going to feel the impact. Supplies of this key metal will now be closely watched, with prices soaring in recent weeks to multi-year highs. As the company gets ready to start production of the Shanghai Gigafactory and launch new vehicles in the coming years, it will be even more dependent on this battery metal. A further rise in nickel prices could end up adding hundreds of millions of dollars in costs per year, hurting the company's efforts to be profitable. As seen in the chart below, analyst hopes for non-GAAP profits this year have eroded, with the current consensus being at the lowest point I've seen. We've seen this trend occur in a number of recent years for Tesla, and news like this nickel ban could result in it happening more moving forward.

[gb99165] 05/9/2019 09:12

Not posted any drivel for over 24 hours. Damn you must be ill

[brasso3] 05/9/2019 09:11

I would pay 250k to get rid of my wife!

[gb99165] 05/9/2019 09:10

Maybe consider buying through a spreadbet account. 1 pound per point is equivalent to 100 shares. Winnings will be tax free and draw money out as the price increases without having to decrease your holdings. Only thing to be careful is to make sure you have enough funds to cover the margin if it goes below your buy price.

[gizmohican] 05/9/2019 08:44

hxxps://tass.com/economy/1076317