Amur Minerals Share Discussion Threads

[qui quaerit reperit] 14/2/2020 18:58

Back from trip to find out an interesting interview:) Yes the guy looks on a ball and hopefully proper changes ahead for amc...Also, hopefully now the way for proper rns is clear because I can see now the potential reason to witheld price sensitive information...amc approached this guy 6 months ago, so 6 months ago they knew they will give him 25m shares and obviously the price had to be low...

[nodoe] 14/2/2020 17:57

Mad....fill yer boots!😁€077;

[madengland_] 14/2/2020 15:27

Well mistakes of the past aside, well done Robin. I can see what Beltd meant about the quality of this appointment. Get the offtake and financing nailed and this will pay Adam a chunky bonus. Smart move Robin.Enough to get me looking to add while I can at this price.

[ebomber] 14/2/2020 14:24

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 £14.8 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"



Further detailed information on projected capital costs can be found in the RNS announcements “Operational Blueprint Defined for Kun-Manie” dated 29 June 2015 and “Access Road Update” dated 14 November 2016.

US$1 BILLION FUNDS NOW REQUIRED.

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

DEATH SPIRAL AND PLACING IMMINENT.

[crazytowner] 14/2/2020 12:05

Absolutely Brasso,.Gives me a lot of confidence of my recent top ups, long term holders will be very happy to have this guy on board..The big names now have somebody they can talk to and he certainly has the contacts. . I think we will see the market react favourably to him over the coming weeks

[brasso3] 14/2/2020 11:59

Great interview

Time to be topping up here.

[showercubicle] 14/2/2020 11:52

Wow ! That's a Corker of an interview. He couldn't spell it out any clearer than that.

[inaminute] 14/2/2020 11:50

Worth watching that. Excellent experience and appears to have done his homework before getting on board. Obviously has big incentive to get a fair return for investors himself but also notes for those investors OVER THE YEARS, ie not just those picking them up at these prices. The big boys are all aware of us, but too soon yet. Could be keen when the 'capital gets deployed'. We know Russia want this, we know TAO unlocks funding.

[crazytowner] 14/2/2020 11:39

A very good watch, am really pleased that this guy is on board..This year will be transformational

[northpole34] 14/2/2020 11:21

https://www.proactiveinvestors.co.uk/companies/news/912971/amur-minerals-proactive-sits-down-with-senior-board-advisor-adam-habib-912971.html