Amur Minerals Share Discussion Threads

[callmebwana] 16/12/2019 18:50

CT I agree with your thoughts fully.

[crazytowner] 16/12/2019 18:31

It may be repetitive, but it's only because these lines have been set by AMC in the past and then continuously missed over many years. .AMC have found an incredible asset of that their is no doubt. However, they have been derisking the asset, increasing the NPV, strengthening the Russian ties and with the backdrop of the EV market and Russian far east development it would appear to be an exciting time to get in.... Yet our market cap and share price continues to drop..These last few pieces of news of left me extremely concerned of my investment here which is substantially down, Its not just the poor financing deal, its how all of these things come around and are communicated..I won't be putting another penny in here as I feel LTHs have been totally shafted this past 9 month's

[inaminute] 16/12/2019 15:47

I'm aware of that. I think repeating it may be therapy for some but it isn't for me. It doesn't help, but I appreciate each to their own.We are where we are, I'm not happy about it but I can see the upside. If I didn't I wouldn't remain here. We have the latest two lines in the sand. I'll re-evaluate should they be missed.

[crazytowner] 16/12/2019 14:50

The PFS was initially expected to be released in September 2017, it finally came out in February 2019.It was supposed to be a living document where any changes would be incorporated and the market made aware, so far there has been nothing..The recent 10% mates rates financing was effectivly paying off the 500k recently borrowed from Riverfort which kept AMC share price under downward pressure..Where were any notifications that AMC staff were not receiving salaries because they were going to take shares in the next open period..As I said before, I'm sure they are happy loading up down here whilst the shareholders have been experiencing unreasonable dilution and a rediculously low share price.

[inaminute] 16/12/2019 13:59

The revised mining figs must be released by the end of this calendar year.We do not go back to Riverfort at the end of the 3 month period, they made the repayment to clear it off the balance sheet and they don't want to replicate that situation.The above are two lines in the sand. We've been told the first will happen and the second won't. We'll know about the first relatively soon.

[ary82] 16/12/2019 13:59

CMB, I totally agree with your post (which is a shame as this is my biggest holding)

[crazytowner] 16/12/2019 13:05

Ebomber, you are a proven liar, deceitful fantasy hindsight trader..Total scum and pretty thick if you can't see the business case

[russian turnip farmer] 16/12/2019 12:17

Bad day when old CallmeBawbag is moaning but he is correct. What happens when RY needs Riverfort type finance again. I'm sitting here like the rest of us just watching my money disappear.

[mikemichael2] 16/12/2019 12:00

Firmly stuck in the downward death spiral of the teens now.

[gizmohican] 16/12/2019 11:35

Agree with you wholeheartedly bwana

[seaclipper] 16/12/2019 09:34

Mad...by the time that comes about I could well be DEAD ::::::::::::::;

[madengland_] 16/12/2019 09:23

But I agree totally, the share price is way undervalued and the potential is huge. Time will tell if the potential is released to shareholders

[madengland_] 16/12/2019 09:20

Yes the Jinchuan connection intrigued long term holders when it was signed. Unfortunately since then there has been no more information forth coming. This is a similar pattern to many other areas that RY has given no more information on. His credibility is, in short, the reason for the share price performance. With the board governance set up the way it is, RY cannot be changed. Great geologist, less than mediocre CEO and his shareholders do not trust him

[goofrob] 16/12/2019 09:16

Ebomber...like you I cannot see the business case to invest here. Its a great share to short...expecting a tick down later...GLA..

[mr skint] 16/12/2019 08:56

Keep your eye on palladium price, in just over a year it's doubled in price and some experts are forecasting the same for 2020/21.

Players in the supply chain to the automotive industry will be very keen to acquire raw materials for the immediate future, so it's probably nailed on that AMC is in someones crosshairs.

I'm very intrigued by the Jinchuan connection.

[mr skint] 16/12/2019 08:39

Hello

I note there was a mou signed with Jinchuan in Oct 2016, now they are very big hitters in the nickel industry.
I can't find any official update or progress report regarding this agreement. Has there been any verbal/interview type of update on this ?

Many thanks.

[ebomber] 16/12/2019 08:19

With sustained unreported selling on L3 currently how long will it be this morning until the first tick down?

It will be before 11am.

What is the AMC business case to invest today?

[russian turnip farmer] 15/12/2019 21:55

can anyone explain to me why AMC has a market cap of £16 million?. Surely the Amur mine is worth more than that!

[qui quaerit reperit] 15/12/2019 18:02

Cheers buddy for the info:)2017 or 2020 is no difference for RY lol, maybe RY thinks we are now in 2016:)))