Amur Minerals Share Discussion Threads

[gizmohican] 07/1/2020 13:46

prob coz he's not pro-active...

[seaclipper] 07/1/2020 13:17

Robin Young no longer shows up on Pro Active...I wonder why !!!!!!!!!!!!!!!

[gizmohican] 07/1/2020 12:08

Wonder how long it will take robin and his merry men to release the updated resource figs including the 2018 drill results................................?!?........................

[goofrob] 07/1/2020 10:53

Another down day here...PLACING will take the share price to under 1p in my view...possibly by end of January...gla

[qui quaerit reperit] 07/1/2020 10:48

The project has the status of a regional investment project. Among the preferences is the zero income tax rate for 10 years from the moment the federal budget receives revenues from the project, not more than 10% in the first five years and not less than 10% in the next five years to the regional budget. The mineral extraction tax is reduced to a zero rate, which increases every two years by 2

[qui quaerit reperit] 07/1/2020 10:46

Feasibility study for the Kun-Magnier project will be prepared by the end of 2020 news image Source: https://www.miningmagazine.com/transport/news/1262926/amur Amur Minerals plans to prepare a feasibility study for the project to develop the Kun-Manye nickel-copper-sulfide nickel deposit in the Amur Region by December 1, 2020. This is stated in the materials of the company published on its website and dedicated to the preliminary results of the year. The feasibility study program will be based on a preliminary feasibility study (PFS), compiled by the company in February 2019. "In February 2019, the company completed a preliminary feasibility study. This is an important milestone that confirms the technical and economic viability of the project, "said Robert V. Schafer, Chairman of the Board of Directors of Amur Minerals, in a statement. According to Amur Minerals, the company combined the Kun-Manye project fields into three sections: Maly Kurumkan / Flangovy, Vodorazdelny and Ikenskoe / Sobolevskoye / Kubuk. It is planned to conduct mining in four quarries and one underground mine. According to the chairman of the board of directors of Amur Minerals, the PFS contains an estimate of the resources of the deposit at 155.1 million tons of ore, the nickel content in the ore is 1.58 million tons. Robert W. Schafer also said that work has begun on assessing the copper potential of the deposit.  "The market payback of both copper and nickel flows will significantly increase the economic efficiency of the project," he said. Amur Minerals Corporation is an exploration company for nickel-copper sulfide ores. The main asset is the Kun-Magnier project, located in the Zeya district of the Amur region, on the border with the Tuguro-Chumikan district of the Khabarovsk Territory. The project operator is Kun-Manye JSC. Earlier it was reported that in 2022, a copper-nickel ore processing plant will be launched at the Kun-Manye deposit in the Amur Region. The plant's capacity will be 6 million tons of ore per year. Amur Minerals has been exploring Kun-Manye since 2004, and in 2015 received a mining license (for 23.6 million rubles, the period is December 2034). The initial parameters of the project provided for the processing for 15 years of 90 million tons of ore with an average grade of 0.58% nickel (524 thousand tons) and 0.16% copper (142 thousand tons). The projected projected EBITDA for the life of $ 1.4 billion for the production of concentrate and $ 3.48 billion for the full cycle (cathode production); the company also considered intermediate options. For the processing of ore, Amur Minerals planned to build a plunger plant (a metallurgical plant with an accompanying processing industry) to produce nickel concentrate. The processing plant envisages the use of flotation enrichment technology. The project has the status of a regional investment project. Among the preferences is the zero income tax rate for 10 years from the moment the federal budget receives revenues from the project, not more than 10% in the first five years and not less than 10% in the next five years to the regional budget. The mineral extraction tax is reduced to a zero rate, which increases every two years by 2% to

[madengland_] 07/1/2020 10:39

Mr. Skint - no offence was taken, you are very much a well intentioned gentleman I can see. I wholeheartedly agree with the sentiments

[gizmohican] 07/1/2020 10:16

hxxps://news.metal.com/newscontent/101009397/China%27s-nickel-sulphate-market-roughly-balanced-in-2020-2022/

[ebomber] 07/1/2020 10:01

WITHIN NEXT 18 TRADING DAYS NEXT AMC PLACING ANNOUNCEMENT

"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] 07/1/2020 10:01

WITHIN NEXT 18 TRADING DAYS NEXT AMC PLACING ANNOUNCEMENT

"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

[qui quaerit reperit] 07/1/2020 09:36

Interesting is last point, at least 18 new federal laws will be developed in far east, surely amc will benefit from it too:https://news.ykt.ru/mobile/article/95594What awaits the Far East in 2020The Ministry for the Development of Russia has published the most important points that residents of the Far East expect in 2020. News.Ykt.Ru editors selected some of them. Twice as Lift Teachers, doctors and paramedics who go to work in small towns will receive "double lifts". Starting January 1, 2020, the amount of lump-sum compensation payments to medical workers under the Zemsky Doctor and Zemsky Paramedic programs, as well as to teaching staff under the Zemsky Teacher program, will be doubled. Now lifting rural paramedics, doctors and teachers will amount to two million, and not one, as it was before. Labor mobility Since 2020, the republics of Buryatia, Sakha (Yakutia), the Trans-Baikal Territory and the Jewish Autonomous Region will be included in the program to increase labor mobility of the population. In 2020, 58 companies from 11 entities of the Far Eastern Federal District plan to participate in the program. Demographic package In 2020, payments will continue on the Far East demographic package for supporting families with children, which earned in 2019. It includes: - lump-sum payment at birth of the first child in 2 times the cost of living for a child established in the subject of the Russian Federation; - regional maternal (family) capital at the birth of a second child in the amount of 30% of the amount of federal maternal (family) capital; - ensuring a monthly cash payment to families at the birth of a third child or subsequent children, regardless of the value of the total fertility rate prevailing in the corresponding subject of the Russian Federation; - reduction of the mortgage (housing) loan rate for families with children up to 5% per annum. Home is where the mortgage is. For the first time in Russia, the Far Eastern Mortgage has been adopted. At the end of 2019, the Russian government approved a program of preferential mortgages for residents of the Far East. Now young families up to and including 35 years old and single-parent families with children can buy an apartment in the Far East at a record low rate of 2%. Mortgages also apply to recipients of the "Far Eastern hectares" - they can build a house on their land with a loan of 2%. At the same time, there are no age restrictions for recipients of hectares. Since 2020, the project office will be launched on the basis of the Ministry of the Russian Federation for the Development of the Far East and the Arctic. It will include employees of the ministry, representatives of ARCHK, credit organizations, construction companies, as well as regional authorities. The main tasks of the office will be monitoring the issuance of mortgages, monitoring the program in the regions, as well as developing measures to curb rising housing prices. The first meeting is scheduled for the second half of January. Build and repair In 2020, the construction of 108 health facilities, education, culture and sports will begin. Money will be allocated for this in the framework of the so-called "Far Eastern Single Subsidy". The curator of the program is the Russian Ministry for the Development of the Far East and the Arctic. Connecting the shores In the spring of 2020, traffic will open along the first international automobile bridge between Russia and China, Blagoveshchensk-Heihe. After the launch, the throughput capacity of the Blagoveshchensk (RF) - Heihe (PRC) bridge will be 630 trucks, 164 buses, 68 cars and about 5.5 thousand people per day. The construction of the bridge began on December 24, 2016. Its length is 1080 meters. Each side (Russian and Chinese) built exactly half - 540 meters each. Parts were built synchronously from two banks, their docking occurred on May 31, 2019. In total, the total length of the bridge crossing is 20 kilometers. This includes 6 kilometers of road in China and 13 kilometers of access roads in Russia, in which another 278 meters is a bridge across the Kanikurgan channel. The main bridge on the Russian side begins on the island, which is why the Kanikurgan construction leads to it. It is expected that from 2020 active work will begin in terms of future construction of a bridge across the Lena River in the city of Yakutsk, a bridge to Russky Island through Elena Island in Primorye, and a bridge across the Zeya River in Blagoveshchensk. In total, the draft program for the construction, reconstruction, and overhaul of bridge crossings in the Far East declared more than 1000 bridges and 40 road overpasses at the intersections of railways. Easy peasy In 2020, the electronic visa mechanism will expand. The first reading in the State Duma on expanding the mechanism to mixed, river and automobile checkpoints has already passed. At the beginning of the year, all readings will be held, and the resolution will be supplemented. The first 6 checkpoints in the Amur and Jewish regions, Khabarovsk and Zabaykalsky territories and the Republic of Buryatia will already operate according to the simplified entry procedure from spring 2020. Energy tariff equalization For 2020, the alignment of energy tariffs in five Far Eastern regions has been extended. The mechanism involves reducing electricity tariffs for industrial consumers to the average Russian level. In particular, in the Chukotka Autonomous Region, tariff reductions amounted to almost 70%, in the Republic of Sakha (Yakutia) - 48%, in the Kamchatka Territory, Magadan and Sakhalin Regions - up to 34%. The tariff decreased for 86 thousand enterprises and 7 thousand budgetary organizations. The mechanism allows Far Eastern enterprises to save more than 27 billion rubles a year on electricity. Regions saved funds independently manage, as a rule, they are directed to the development of the social sphere. Plus 18 In 2020, the Ministry for the Development and Development of Russia plans to develop at least 18 federal laws. Among them are laws on expanding tax benefits, extending the regime of the free port of Vladivostok to Blagoveshchensk, creating a medical cluster, on the "free flow" of gold to the territory of the Magadan Region, and others

[nando01] 07/1/2020 09:30

Mr Skint, can you delete this thread?

[mr skint] 07/1/2020 09:08

Mr reperit
I wish you well with your premium subscription thread, all the very best.

[mr skint] 07/1/2020 09:06

madengland, please accept my sincerest apologies, it was not intentional to give the impression of arrogance and I certainly don't over value myself.

I was trying to garner support for the use of the filter function, as people had promised to do. Hopefully that would help to put the thread purely on topic.
But I can see now, even with today's comments, without having read and write privileges, I'm on a three legged donkey at Aintree.

I have edited the offending line in my last post, so as not to offend others.

[qui quaerit reperit] 07/1/2020 09:03

I am paying monthly subscription to keep all them away and not to be able to constantly disturb, and spam bb, but someone comes in, opens a new thread and opens Pandora box, and claims I will not pay for subscription...well but someone is paying and next time please think twice before switching on Mr Nice Guy...really frustrating, not because you have done this but because of your statement

[gizmohican] 07/1/2020 08:27

Now that Riverfort have gone all be it temporarily,and we supposedly have freed up the share price It doesn't bode well for the next round of funding if we cant move our share price upwards now!

[madengland_] 07/1/2020 08:27

Mr. Skint, it's a bit arrogant to think that you threatening to make this your last post is going to change what is most definitely unpleasant or unnecessary posting. You know no more or less than many on here so don't over value yourself. As much as I agree and have always followed the filter approach, you aren't going to stop everyone and clearly not everyone agrees. As you say it's an advfn issue, at least to us. As you've rightly noted advfn don't recognise it as an issue.

[inaminute] 07/1/2020 07:31

I thought we'd agreed the best course of action was to filter the obvious idiots.

[ebomber] 06/1/2020 23:41

Many wish callmebwana would stop talking in riddles.

Straight talking and well researched posts are what is needed to save AMC right now.

Next news within 3 weeks is announcement of first placing of 2020.

It appears callmebwana is a fan of the AMC BoD's. Supports the lifestyle company of the BoD's all underwritten by the suffering LTH.

FILTERED.