Amur Minerals Share Discussion Threads

[loganair] 07/11/2019 23:26

Haw - This is why I posted as far as I see AMC have not given a 'pay back time' after the mine has come into operation which is very important on whether to invest or not.

When it comes to mines, often in Russia, the government pays to have some infrastructure put in which after 3 1/2 years of trying AMC haven't even been offered any.

Ask any major mining investor and they will say "Grade is King."

[qui quaerit reperit] 07/11/2019 23:26

An example, click on below link and you will get to this page"The activity plan of the Ministry of the Russian Federation for the development of the Far East and the Arctic for the period from 2019 to 2024" (approved by the Ministry for the Development of Russia on 01.10.2019 N AK-07-30 / 1) 2. Purpose: supporting the implementation of investment projects in the Far Eastern Federal District Creating conditions for the implementation of investment projects in the Far Eastern Federal District. Attracting investment and labor resources in the Far Eastern Federal District. Responsible Contractor: S.A. Tyrtsev 2.1. Direction (block of measures): State infrastructure support for investment projects in the Far Eastern Federal District 2.2. Direction (block of measures): State support for investment projects in the Far Eastern Federal District that do not require raising funds from the federal budget 2.3. Direction (block of measures): Promotion of export and investment opportunities of the regions of the Far Eastern Federal District, including new instruments of economic policy in the Far East 2.4. Direction (block of measures): Assistance in attracting investments to the territory of the Far Eastern Federal District.http://www.consultant.ru/document/cons_doc_LAW_336562/81cbf19589816e7eef8cae1a4cda0ec445095087/Then click on point 2.2 and you will get to the page with some proper numbers like amount of projects, investments etc:"The activity plan of the Ministry of the Russian Federation for the development of the Far East and the Arctic for the period from 2019 to 2024" (approved by the Ministry for the Development of Russia on 01.10.2019 N AK-07-30 / 1) 2.2. Direction (block of measures): State support for investment projects in the Far Eastern Federal District that do not require raising funds from the federal budget 2.2.1. Implementation of investment projects in the Far Eastern Federal District, which received non-financial support measures. A.N. Fedotovsky Non-financial measures have been provided to support investment projects in the Far Eastern Federal District, which enabled the implementation of at least 71 investment projects for the period from 2016 to 2024. Number of investment projects to be implemented in the Far Eastern Federal District, selected in the prescribed manner to provide them with non-financial support measures (cumulative), units one 46 51 56 61 66 71 GP 1/2 2.2.2. Attracting investments for the implementation in the Far Eastern Federal District of investment projects selected in the prescribed manner to provide them with non-financial support measures. A.N. Fedotovsky The volume of accumulated investments reached the targets Accumulated volume of investments attracted for the implementation of investment projects in the Far Eastern Federal District, selected in accordance with the established procedure for providing them with non-financial support measures (cumulative total), billion rubles one 56.1 115.8 179.4 523.4 540.5 540.7 GP 1/2 2.2.3. Creation of jobs as a result of the implementation of investment projects in the Far Eastern Federal District, selected in the prescribed manner to provide them with non-financial support measures. A.N. Fedotovsky New jobs created The number of jobs created as a result of the implementation of investment projects in the Far Eastern Federal District, selected in the prescribed manner to provide them with non-financial support measures (cumulative), thousand people one 2.6 3.9 4.8 8.1 9.9 9.9 GP 1/2 Open full document

[qui quaerit reperit] 07/11/2019 23:10

Sorry below version with points to click to take you to other document etc...http://www.consultant.ru/document/cons_doc_LAW_336562/"The activity plan of the Ministry of the Russian Federation for the development of the Far East and the Arctic for the period from 2019 to 2024" (approved by the Ministry for the Development of Russia on 01.10.2019 N AK-07-30 / 1)  Plan a) Information on the content and main directions of state policy in the sphere of conducting the federal executive body b) Information on the goals and objectives of the activities of the federal executive body in the framework of the implementation of state policy in the fixed area of ??competence in the planning period (in quantitative indicators and qualitative characteristics) in the territory of the Far Eastern Federal District c) Public declaration of goals and objectives for the next year, taking into account the requirements of the legislation of the Russian Federation on state, commercial, official and other secrets protected by law Public declaration of the goals and objectives of the Ministry for the Development of Russia for 2019 in the Far Eastern Federal District d) A list of strategic planning documents, according to which the federal executive body is the responsible executor or co-executor, indicating the expected results of the activities of the federal executive body in the planning period for their implementation e) A brief description of the forces and means available to the federal executive body for the implementation of strategic planning documents on the territory of the Far Eastern Federal District f) Information on the development of new and updating of existing documents of strategic planning in the planning period and their justification Strategic planning documents defining activities in the Far Eastern Federal District Strategic planning documents defining activities in the Arctic zone of the Russian Federation Appendix N 1. Schedule of measures for the implementation of strategic planning documents in the territory of the Far Eastern Federal District 1. Purpose: creating conditions for the advancing socio-economic development of the Far Eastern Federal District 1.1. Direction (block of measures): Creation of territories of priority social and economic development 1.2. Direction (block of events): Development of the free port of Vladivostok 2. Purpose: supporting the implementation of investment projects in the Far Eastern Federal District 2.1. Direction (block of measures): State infrastructure support for investment projects in the Far Eastern Federal District 2.2. Direction (block of measures): State support for investment projects in the Far Eastern Federal District that do not require raising funds from the federal budget 2.3. Direction (block of measures): Promotion of export and investment opportunities of the regions of the Far Eastern Federal District, including new instruments of economic policy in the Far East 2.4. Direction (block of measures): Assistance in attracting investments to the territory of the Far Eastern Federal District 3. Purpose: Attracting and securing labor resources in the Far Eastern Federal District, including through the free provision of land ("Far Eastern Hectare") 3.1. Direction (block of measures): Attraction and consolidation of labor resources in the Far East 3.2. Direction (block of measures): Development of measures for the development of small and medium-sized enterprises in the territory of the Far Eastern Federal District 4. Purpose: Implementation of national and federal projects in the Far Eastern Federal District 4.1. Direction (block of measures): Implementation of a comprehensive development plan for the city of Komsomolsk-on-Amur List of sources Open full document

[qui quaerit reperit] 07/11/2019 23:07

Huge document become now available online, the document fully approved by the Minister Kozlov and dated 1st October 2019 but only just now published online... a leak before publishing it...???The document contains huge amount of data and details, sorry I had no time yet to research it fully so posting for anyone who is willing to spend some time analysing and maybe to learn some russian language:) You can click on any of listed points and it takes you to more detailed document, then you can click there on a document and it takes you to another document and so on...huge amount of info to what will be done in Far East over next years.Please, if you do find anything interesting - share it with us all:)http://www.consultant.ru/cons/cgi/online.cgi?req=home#doc/LAW/336562/100001,0/0The activity plan of the Ministry of the Russian Federation for the development of the Far East and the Arctic for the period from 2019 to 2024 "(approved by the Ministry for the Development of Russia on 01.10.2019 N AK-07-30 / 1) I approve - Minister of the Russian Federation for the development of the Far East and the Arctic A.A. KOZLOV October 1, 2019 N AK-07-30 / 1  PLANACTIVITIES OF THE MINISTRY OF THE RUSSIAN FEDERATION FOR DEVELOPMENT OF THE FAR EAST AND THE ARCTIC FOR THE PERIOD FROM 2019 TO 2024  The activity plan of the Ministry for the Development and Development of Russia has been developed in accordance with the new version of the state program of the Russian Federation "Social and Economic Development of the Far Eastern Federal District", approved by the Government of the Russian Federation dated April 15, 2014 No. 308 (as amended by the resolution of the Government of the Russian Federation dated March 29, 2019 No. 361). a) Information on the content and main directions of state policy in the sphere of conducting the federal executive body b) Information on the goals and objectives of the activities of the federal executive body in the framework of the implementation of state policy in the fixed area of ??competence in the planning period (in quantitative indicators and qualitative characteristics) in the territory of the Far Eastern Federal District c) Public declaration of goals and objectives for the next year, taking into account the requirements of the legislation of the Russian Federation on state, commercial, official and other secrets protected by law d) A list of strategic planning documents, according to which the federal executive body is the responsible executor or co-executor, indicating the expected results of the activities of the federal executive body in the planning period for their implementation e) A brief description of the forces and means available to the federal executive body for the implementation of strategic planning documents on the territory of the Far Eastern Federal District f) Information on the development of new and updating of existing documents of strategic planning in the planning period and their justification Open full document

[hawkind] 07/11/2019 22:38

WARNING! To any potential new investors: the AMC resource is completely worthless if you haven?t got the infrastructure to extract from the ground and transport it! That?s the point here. Resource needs to be transportable. Preferably within an investors life time and at cost that is commercially viable, AMC will be neither on these two fronts.This is a life style business to pay directors to keep PI's dreamy on jam tomorrow stories of turning £10k into a £100k or more depending on what rampers would like you to believe. This is a pump and dump share if ever I saw one. PLEASE AVOID, YOU HAVE BEEN WARNED!!!!

[hawkind] 07/11/2019 22:28

Both completely worthless if you haven't got the infrastructure to extract from the ground and transport it! That's the point here. Resource needs to be transportable. Preferably within an investors life time and at cost that is commercially viable.

[northpole34] 07/11/2019 22:25

Obviously the 10 tons as it would cost significantly less to process

[profit7] 07/11/2019 22:22

$23 Billion worth of nickel, it does not matter about low grade or hight grade.
The end result is how big is the asset.

Example : if you have 10 tonnes of nickel at 10 % grade, and then you have 100 tonnes at 1% then which is worth more?

Niether both are valued same.

Derampers and Shorters will buy back soon.

[intheknow69] 07/11/2019 22:08

DPLEWIS/DAVE4545

Just like EUA that you slated at 1p eh? You clown. Come back at Xmas and see where the share price is then my friend! One day -25%....another few days and up 150%. Ride the dips. This is going to be a bagger and a half.

[madengland_] 07/11/2019 22:06

Duxy it's a nursery rhyme:-)

[dplewis1] 07/11/2019 21:36

LOL intheknow69 has finally picked himself up off the floor after getting hit by yet another bus. Ramping Amur like a goodun yesterday and now spiked and underwater yet again. What a plonker..

[qui quaerit reperit] 07/11/2019 21:27

Siluanov called on RDIF to invest SWF funds in regional projects      07/11/2019, 15:53 The Russian Direct Investment Fund (RDIF) will create a national center to attract investment in the regions, said fund head Kirill Dmitriev at the forum "Investing in the regions - investing in the future," RIA Novosti reports. He will be headed by ex-Minister for the Development of the Far East Alexander Galushka. Finance Minister Anton Siluanov urged RDIF to take a closer look at small regional projects for the development of the economy of the constituent entities of the Russian Federation. According to him, RDIF from next year will be able to invest funds of the National Welfare Fund (NWF), after the liquid part of the fund reaches 7% of GDP. "We are now actively talking with the Russian Direct Investment Fund, which is also the recipient of a part of the NWF funds, so that there are more such regional projects. We need big projects, but we need small ones, but which have an effect on economic growth, including in the regions, "said Mr. Siluanov. He previously reported that in mid-2020 there will be an opportunity to invest about 1.7 trillion rubles. from the National Welfare Fund, the Ministry of Finance is ready to direct part of these funds to investments in projects within Russia, including regional ones. As of June of this year, the NWF decreased by 1.6%, amounting to 3.76 trillion rubles. ($ 59.6 billion). In October, Prime Minister Dmitry Medvedev instructed the Ministry of Finance and the Ministry of Economy to introduce a new NWF investment mechanism.https://www.google.co.uk/amp/s/www.kommersant.ru/amp/4150356

[qui quaerit reperit] 07/11/2019 21:19

Alexander Kozlov met with Ambassador Extraordinary and Plenipotentiary of the Republic of Korea Lee Sok Paehttps://minvr.ru/press-center/news/23736/ 07/11/ 2019 Russian Minister for Development of the Far East and the Arctic, Alexander Kozlov, discussed the prospects for developing bilateral cooperation with the Ambassador Extraordinary and Plenipotentiary of the Republic of Korea to the Russian Federation, Mr. Lee Sok Pae. Also, the meeting was attended by Minister-Ambassador of the Economic Department of the Embassy of the Republic of Korea in the Russian Federation, Mr. Kang Dae-soo, director of the international department of the Ministry for the Development of the Russian Far East Yulia Kosareva, first deputy general director of the Agency for the Promotion of Investments and Export Support of the Far East ANO Andrei Donets. The parties discussed preparations for the third Korean-Russian forum of interregional cooperation. The event is scheduled to take place in the summer of 2020 in Ulsan, Republic of Korea. Separately, the participants discussed potential projects planned for implementation by Korean medical companies in the emerging international medical cluster. Another on the agenda was the construction by the Korean company LH Corporation of an industrial complex in the Primorsky Territory. The parties also touched on the topic of trilateral cooperation on the Trans-Korean railway project. The project of integration of the Trans-Siberian Railway and the Trans-Korean Railway will create a land transport and logistics route between Russia and the Republic of Korea, which will reduce the time of cargo delivery in comparison with sea routes

[loganair] 07/11/2019 21:19

Having such a 'Low Grade' ore is one of the main reasons for AMC having such a low valuation.

I have yet to hear what the pay back time is once the mine is brought in to production. This is also an important factor of whether to invest or not.

[ebomber] 07/11/2019 21:11

loganair

AMC is recognised as high risk and low reward with such "low grade" resource.

However, the ramping cartel will tell you otherwise.

Not hearing how the $1 billion will be raised to build the infra-structure in order to exploit the low grade resource in 10 years.

[qui quaerit reperit] 07/11/2019 20:38

Let's keep calm guys:) no point to start arguing between ourselves...

[loganair] 07/11/2019 20:27

In mining 'Grade is King.'

Looking at the Nickel grades of two mines that are in the Development stage.

AMC - 0.55% to 0.75%
Garibaldi - 8.3%

As can bee seen Garibaldi has around 10 times higher grade then that of AMC.

Is why AMC is developing what is called a 'Low Grade' mine and therefore needs a much higher nickel price to be profitable.

I have investments in several mining companies including Norilsk Nickel which is the lowest cost nickel producer - AMC just looks too risky to me.

[duxy786] 07/11/2019 19:53

What do you mean 'he' .... Is the stock price masculine? Or is he talking about his masculine.#confused.#bestStickToTopic.

[intheknow69] 07/11/2019 19:44

Great to see DPLewis here. We all know it’s Dave4545 though. Once a mug punter always a mug punter.

Have a look over at the BAGR threads to see the total b@@locks this guy chats. Delusional beyond believe.

He was slating EUA at 1p......where is it now?? A complete muppet.

[qui quaerit reperit] 07/11/2019 18:50

Bye bye texas...:)

[bwana4] 07/11/2019 18:37

NY Boy. You were in PFC a while back, now you are in AMC ??
Are you following me around ?? Take a look at AAZ if you want serious money.

[qui quaerit reperit] 07/11/2019 18:33

Let's see what tomorrow brings:) feel sorry for those looking for a quick profit, sometimes you win sometimes you lose...panic is worst enemy. I would only suggest not to try day trading amc, because it can move fast both directions and looking for quick profit may trap you in, but let's see what tomorrow brings, amc is not for day trading guys, it is investment with huge potential...