Amur Minerals Share Discussion Threads

[reggie123] 06/1/2020 09:08

All good with me thanks CMB and yes, I'm very much looking froward to my trip to Blackpool Your AA + anger management sessions don't appear to be producing any positive results but please don't give them up just yetRegardsReggie

[mr skint] 06/1/2020 09:02

Mr Bwana, good morning to you too.

I must confess, I had no knowledge of Mr Roofer's somewhat invasive surgery. Quite a traumatic experience for the chap/chapess.

One must be extremely lonely and insecure to comment on such private matters, particularly an anonymous investors forum.
Would of thought a PMT forum would have been more apt.

I would take his/her histrionics with a wagon of salt.

[inaminute] 06/1/2020 08:34

I'm glad you added a post after Leechang, I thought I'd forgotten how to read

[mr skint] 06/1/2020 08:30

Swiftly followed by Leechang, looks like it's going to be a busy day.

[mr skint] 06/1/2020 08:17

Congratulations Mr eBumer, I'm sorry to say, but you're the first poster to enter my filter list, as I can see, you're not prepared to add anything to the debate.

I implore all other to do the same. To receive no acknowledgement, said poster will give up, attention seekers hate being ignored

I'm sure you'll have a companion in there with you soon. people always say "never trust a roofer"

[ebomber] 06/1/2020 07:38

OVER $1 BILLION FUNDS REQUIRED TO EXPLOIT RESOURCE WITH FIRST REVENUES ONLY IN 10 YEARS



It would help if someone could oblige and provide clarity on at least one of the following questions?
___________________________________________________________________________________

How are AMC going to raise funds to build a 210 mile access road (a distance from London to Manchester)?

How are AMC going to raise funds to construct a mine and its infra-structure to begin to extract the resource before revenue generation can actually start?

How long after road construction and mine construction will it take for AMC to be cashflow positive?

How many AMC placings and associated dilutions WILL BE necessary to fund this venture when currently market capitalisation is a modest £17 million?
___________________________________________________________________________________

In addition to the aforementioned a big thanks to the AMC website who have highlighted the initial capital expenditure for a fully Toll Smelt operation and the Owner Operated furnace facility ranges from approximately $US 550 million to $US 700 million.

I direct readers to "PROJECTED CAPITAL COSTS"



AMC shareholders could be in for over US$ 1 billion in costs before production can start in 10 years. Can that be right?

RECOMMEND ANY POTENTIAL NEW INVESTOR FOLLOW THE COMPANY LINKS BEFORE INVESTING IN AMC.

HIGH RISK GAMBLE OF FAILURE IN 2020.

[roofer2] 05/1/2020 21:39

The cut and paste has been going on for many years, why has there been no investment, not one penny has been offered which tells the story as to why it’s not far off the 1p mark !
Imo

R2

[gizmohican] 05/1/2020 21:24

2020 PREVIEW: Lackluster stainless steel, EV growth may keep nickel bulls at bay in 2020

An already-volatile nickel market will continue to face uncertainty in 2020 while demand wanes and stocks rise amid slowed growth expectations from both the stainless steel and electric battery sectors, market participants predicted.

It is widely acknowledged that nickel demand will be driven by the stainless steel and electric vehicle (EV) battery markets, but many analysts expect stainless steel production growth to slow this year, while supply-chain and demand timelines for nickel use in EV batteries remain cloudy at best.
Nickel stock levels on the London Metal Exchange more than doubled over the course of December, to 150,690 tonnes on Monday December 30 from 68,982 tonnes on December 2.
At its conference in November, China’s Antaike estimated that the global nickel supply deficit shrink halve to 20,000 tonnes in 2020, pointing to a slackening supply picture at a time when demand may be set to decrease.
The LME’s three-month nickel price has depreciated in line with this more liquid stock picture, trading around $14,235 per tonne on December 30 - compared with a year-to-date high of $18,475 per tonne on September 2 - amid news of an expedited Indonesian ore ban, which precipitated supply concerns that appear to have ebbed somewhat.
Rising LME stocks, a reduced global supply deficit and a waning LME three-month nickel price have given rise to bearish market attitudes as 2020 begins.
EV uncertainty
“Nickel’s demand outlook should remain bright, especially from the electric vehicle sector of the automotive industry,” Fastmarkets analyst Andy Farida said.
Indeed, Fastmarkets analysts estimate that 500,000 tonnes of refined nickel will be used annually in lithium-ion (Li-ion) batteries for EVs by 2025, up from 100,000 tonnes in 2018.
That growth in nickel consumption comes even before the wider adoption of the nickel-cobalt-manganese (NCM) 8-1-1 battery, which the market expects to become an industry staple. Still, the increase in demand that battery could bring remains a long way off.
“A recent report drafted by the Ministry of Industry & Information Technology indicates that China will step up its efforts to be a leader in autonomous cars and is aiming for a quarter of all cars sold in the country to be new-energy vehicles [NEVs] by 2025,” Farida added. “NEVs include electric cars, hybrids and fuel-cell vehicles.”
But ED&F Man analyst Edward Meir estimated that EV market uptake would rise by just 5 percentage points to comprise 9% of global vehicle sales by 2022, up from 4% at present, meaning it will take significant time for EV buying to come to the forefront of automotive industry sales. This will affect the timeline for increased nickel demand from the EV battery sector.
And financial adviser Morgan Stanley supports this view, asserting that EV sales are unlikely to surpass those of internal combustion engine (ICE) vehicles until 2036.
And while some bullish participants expect that tipping point to come earlier, most believe the timeline indicates that the effects of EV demand on the price of nickel, in addition to physical EV demand, are still some way off.
“The trend is definitely that EV demand is moving up, and that demand for internal combustion engines is moving down,” Meir said. “But there will not be much EV action for nickel in 2020.”
Softer stainless steel output expected
Demand from the stainless steel market is expected to remain the dominant driver for nickel in 2020, accounting for an estimated 70% of nickel market share.
But while China’s stainless steel output, which accounts for approximately 50% of global production, increased by 9.4% year on year to 29 million tonnes in 2019, that growth rate is expected to slow to just 3.4% in 2020, according to market research and consultancy firm Beijing Antaike Information.
“It is certain that this year’s stainless steel output growth is unlikely to duplicate last year’s, amid a poor global macroeconomic situation and ongoing trade tension between China and the United States... What is uncertain is whether 2020 will actually see a decline, given the current loss-making situation at stainless steel mills,” a China-based stainless steel trader told Fastmarkets.
“Apart from China, the rest of the world has seen relatively stable stainless steel output, with just minor declines for the past several years, so China holds the key to potential stainless steel growth. If China can’t keep up the increase, then the global stainless steel market can’t see growth,” a raw materials procurer at a stainless steel mill said.
Stainless steel mills in China underwent minor production cuts in 2019 after making losses amid high regional stock levels and lackluster demand. Market participants worry that the stainless steel cuts could persist this year and weigh on nickel demand.
“Stainless steel production in China has been operating at a loss since November, and now stainless steel mills stand to lose 200-300 yuan ($29-43) per tonne,” a Shanghai-based analyst said.
“It is estimated that production cuts will total about 60,000 tonnes in December, which is not much compared with China’s average monthly output of 2.41 million tonnes. But as we enter 2020, the market is worried that production cuts at stainless steel mills will become a norm this year if stainless steel production losses continue. This will mean that stainless output in 2020 will fall, and nickel demand will be dampened accordingly,” the analyst added.
Fastmarkets assessed the price of stainless steel cold-rolled coil 2mm grade 304 domestic, ex-whs China at 14,150-14,900 yuan per tonne including value-added tax for the week ended December 11, down from 14,400-15,000 yuan per tonne a week earlier as stainless steel mills reduced offers to prompt sales as part of their destocking activity, in line with slackening demand. That price was assessed at 14,300-15,100 yuan per tonne on December 25.
Fastmarkets research forecast a $16,000-per-tonne base case for the LME three-month nickel price going into the first quarter of 2020. And while this constitutes an increase from the current $14,000-per-tonne level, it is a far cry from the 2019 high of more than $18,000 per tonne.

[roofer2] 05/1/2020 20:57

I await Bwanas words of wisdom !
Imo

R2

[callmebwana] 05/1/2020 18:49

Guys FILTER :0) No Oxygen please, as it is no good dealing with Muppets :0).

[crazytowner] 05/1/2020 16:20

Ebomber,Nobody is fooled by your deceitfulness and lies.You are simply here because you are unable to debate on the Tern thread, simply ramping your terrible investment thereA proven liar, deceitful, fantasy hindsight trader.Total scum

[ebomber] 05/1/2020 15:28

OVER $1 BILLION FUNDS REQUIRED TO EXPLOIT RESOURCE WITH FIRST REVENUES ONLY IN 10 YEARS



It would help if someone could oblige and provide clarity on at least one of the following questions?
___________________________________________________________________________________

How are AMC going to raise funds to build a 210 mile access road (a distance from London to Manchester)?

How are AMC going to raise funds to construct a mine and its infra-structure to begin to extract the resource before revenue generation can actually start?

How long after road construction and mine construction will it take for AMC to be cashflow positive?

How many AMC placings and associated dilutions WILL BE necessary to fund this venture when currently market capitalisation is a modest £17 million?
___________________________________________________________________________________

In addition to the aforementioned a big thanks to the AMC website who have highlighted the initial capital expenditure for a fully Toll Smelt operation and the Owner Operated furnace facility ranges from approximately $US 550 million to $US 700 million.

I direct readers to "PROJECTED CAPITAL COSTS"



AMC shareholders could be in for over US$ 1 billion in costs before production can start in 10 years. Can that be right?

[crazytowner] 05/1/2020 15:21

Ebomber,You are a proven liar, deceitful, fantasy hindsight trader.You lie and mislead people on this thread and the Tern board.Total scum

[mr skint] 05/1/2020 13:49

Mr Bumber

I'm not being rude, but to give you and your ludicrous post any credibility, can you substantiate your comment,
"10 years until production and revenue generation."

Failure to provide such evidence makes you look rather stupid at best. You really must try harder and back up your comments, or you could go back to school and benefit from some basic education.

You are Non compos mentis,
"In medieval and early modern Britain, the term non compos mentis was often related to religious or mysterious phenomena such as diabolical influence. From the seventeenth century, the condition was increasingly viewed as a mental illness, also described as insanity or madness.

In English law, non compos mentis was a juristic term to describe a person's action as not motivated by reason, but being influenced by some false image or mental impression"

You are most welcome to post here, but please keep with the program, or you will be ridiculed.

[qui quaerit reperit] 05/1/2020 12:23

You can not have a board without an option to ban scum...they are everywhere...just to filter them won't work

[ebomber] 05/1/2020 09:45

LESS THAN 20 TRADING DAYS BEFORE NEXT AMC PLACING

"Company has agreed not to make any further drawdowns under the convertible loan facility with Riverfort for a minimum period of three months...……"

NEXT PLACING THEREFORE NO LATER THAN END JAN 2020



£1.2mln before expenses = £1.05mln after expenses.

£625k goes to pay off the Riverfort loan leaves them with less than £400k in Nov 2019.

Late AUGUST - Amur Minerals Raises Over GBP150,000 As Non-Executive Takes Shares. This £150k has lasted barely 2 months which means the £400k AMC have just got will last them maybe until the beginning of February next year, if they are lucky.

Another 87 million plus shares to add to already sizeable dilution pool.

The following RNS's are why the share price will continue to crash.

XX FEB 2020 - AMUR MINERALS CORP - FURTHER ISSUE OF EQUITY TO SURVIVE

2nd Dec 2019 - Amur Minerals Corp - Issue of Equity.
4th Nov 2019 - Amur Minerals Corp - Issue of Equity.
30th Oct 2019 - Amur Minerals Corp - Conversion of Loan and Issue of Equity.
27th Aug 2019 - Amur Minerals Corp - Issue of Equity.
1st. Aug 2019 - Amur Minerals Corp - Conversion of Loan and Issue of Equity.
10th Jul 2019 - Amur Minerals Corp - Conversion of Loan and Issue of Equity.
19th Jun 2019 - Amur Minerals Corp - Conversion of Loan and Issue of Equity.
4th. Jun 2019 - Amur Minerals Corp - Conversion of Loan and Issue of Equity.
27th Feb 2019 - Amur Minerals Corp - Conversion of Loan and Issue of Equity.
2nd. Jan 2019 - Amur Minerals Corp - Conversion of Loan and Issue of Equity.
28th Nov 2018 - Amur Minerals Corp - Conversion of Loan and Issue of Equity.
19th Sep 2018 - Amur Minerals Corp - Conversion of Loan and Issue of Equity.
10th Sep 2018 - Amur Minerals Corp - Conversion of Loan and Issue of Equity.
30th Aug 2018 - Amur Minerals Corp - Conversion of Loan and Issue of Equity.
23th Aug 2018 - Amur Minerals Corp - Conversion of Loan and Issue of Equity.

This is what DEATH SPIRAL FINANCING looks like.

Don't be a mug punter and believe the lies of the ramping cartel led by QQR. Ongoing threats and attempted intimidation tells you the character of the ramping cartel all in an effort to ramp this lifestyle company and protect its masters trading position.

_____________________________________________________________________

CHARTS INDICATE 0.72 PENCE TARGET PRICE AT END OF JAN 2020 BEFORE NEXT PLACING ANNOUNCED

[ebomber] 05/1/2020 09:43

Spot on Twigs3.

That first 2020 placing will be announced by end Jan. Less than 20 trading days away.

10 years until production and revenue generation.

Twigs3
3 Jan '20 - 14:24 - 59 of 71

They are going to have to raise a fair bit to complete the TEO and it has to be completed by December 2020 otherwise they could lose the project is my understanding, happy to be corrected.

[callmebwana] 04/1/2020 20:04

Mr.S
Is there anyone fully sane in this world of ours??
I find you as an extremely vary well educated and a very intelligent person.
As I promised I have not used any bad language on this thread. I am using the filter button as I go along. If you find anything that I post offensive or distasteful please do not hesitate to tell me.
You will have the rubbish and hateful characters posting on this BB thread.
If you would rather that I do not post anymore do not hesitate to say so. I will have time out.
ATB

[russian turnip farmer] 04/1/2020 15:12

Thanks Twigs3. I'm here for the resource which in my opinion is terrific. If RY can get decent finance come February then I see this in double digits. We happen to have Nickel sulphate, according to everywhere I read, is already or will soon be in extremely high demand, with demand increasing at a rate of up to 60% each year. All we need is RY to get us ticking over without diluting us all to nothing.

I also have a little spare cash but I'm waiting to see the deal RY achieves.