Amur Minerals Share Discussion Threads

[crazytowner] 20/4/2020 08:20

Agreed that the fall is well over done, the problem is that PIs have no trust in RY hitting deadlines anymore. Its been too many missed dates. .What they should have done is clearly explain where they are in the process and how they are on track to still deliver the TEO..It was an absolutely shocking RNS with a rediculously priced fund raise.

[patio58] 20/4/2020 07:51

Agreed Tad, fall well overdone all because of a cautionary statement which many other stocks use too in the present climate.

[qui quaerit reperit] 20/4/2020 06:56

I've seen many companies do so. UK, US and even Russian companies put such statements now...

[ary82] 19/4/2020 21:23

If that’s the case why did they put the TEO risk statement in the last RNS? It’s never as it seems with this company

[qui quaerit reperit] 19/4/2020 08:46

So they have now on hand 90% of all required info to complete the TEO, only waiting for final Gipronickel results with regards to cooper concentrate, can't be really so difficult to put all the dots especially for someone who is now all day sitting at home in a front of pc or am I wrong???Please see below, happy to be corrected in case something missed of the list:Rns from 31 december 2019Next Steps in the TEO Study include:-- Mining - identifying the preferred mine plan and production schedule for reporting of the GKZ approved reserves.-- Flowsheet - establishing the final metallurgical flowsheet providing a blueprint for the processing plant and tailings storage facilities.-- Concentrates - the potential of generating individual nickel and copper concentrates and the composition of final concentrates and recoveries.-- Economics - updating the economic assessment of Kun-Manie based on newly generated information contained within the TEO.15 January 2020 - Base Line Environmental Assessment Complete28 January 2020 - Rock Mechanics Assessment Complete17 February 2020 - Metallurgical results update - This important information allows for refinement of both capital and operating costs at the process plant for inclusion in the Russian Feasibility Study (a TEO) and subsequent update into western feasibility study level documents.

[jonc] 18/4/2020 09:08

Same as TERN then you idiot doorman.

[goofrob] 18/4/2020 08:47

Incredible 41% drop in share price this week...!! Everyone..imho this is going to sub 0.50p quite soon. Beware of the rampers is my advice..dyor..

[russian turnip farmer] 17/4/2020 19:54

share price dropped 41% in three days and we still getting rampers, unbelievable.

[ebomber] 17/4/2020 17:07

C'mon Robin you are taking your shareholders for complete mugs.

You and the BoD's funding a lifestyle underwritten with shareholder monies.

How many months will it now take for the 75 million placing share overhang to now clear?

SUB 0.5 PENCE IN JUNE 2020 PROVIDES FAIR VALUE.

41% share price collapse in just the last four trading sessions!

Ouch!

[ebomber] 17/4/2020 16:58

£500,000 MARCH 2020 BRIDGING LOAN PLUS INTEREST TO BE PAID BACK WITH PLACING MONIES

NEXT AMC PLACING NO LATER THAN LATE JUNE 2020 / EARLY JULY 2020

Beggars belief a one month bridging loan arrangement and associated costs followed by repayment with another 75 million placing of shares to raise £750,000 LESS COSTS yesterday.

After paying back £500,000 March 2020 loan and with established cash burn of £250,000 per month leaves maximum of 3 months working capital.

OUCH!

DEATH SPIRAL!

SUB 0.5 PENCE IN JUNE 2020

[induna123] 17/4/2020 16:38

Stockholm syndrome comes to mind. Keep the LTH trapped in this hell.

[brasso3] 17/4/2020 11:18

There will be closer to 2 billion shares by end of 2022 IMO.

[seroxat] 17/4/2020 11:13

Agree, but I don't think AMC are there yet in terms of dilution v resource. $5+ Billion resource with nearly 1 Billion shares, still plenty of upside if all works out, still significant risk but that's why the share price is 1p! Added a few more today

[qui quaerit reperit] 17/4/2020 10:42

Some large trades today...???

[brasso3] 17/4/2020 08:58

It doesn't matter how big a resource you have if there is constant dilution on this scale. Its hard to see where it all ends. Most likely with small PIs holding tiny percentage interests in the company and the larger investors/ management getting bribed to pass the asset over to someone else.

A classic AIM story of good assets and bad management.

[nolosstillsell] 17/4/2020 08:54

Anyone who believes the lockdown could be indefinite should realise we would all be screwed then anyway.

[seaclipper] 17/4/2020 08:42

Topped up again this morning, could not resist - lockdown indefinitely naa cannot see that happening things will ease ...

[wardy333] 17/4/2020 07:51

Seems investors here are in total shock at this move, licence in danger also...

[qui quaerit reperit] 16/4/2020 20:38

as I've said before, everyone in a queue for cheap as chips amc shares. Tom Bowens was first, then amc board, then Adam Habib and now Plena Global, surely they all want amc shares just so that they can write them off...:)))