Amur Minerals Share Discussion Threads

[meek] 07/5/2020 09:30

Don't think anyone cares...

[dalem2uk] 07/5/2020 08:21

Lots of very small buys some as low as 1 unit right on the ask. Potentially this could be some way of trying to increase the share price almost artificially to then enable larger sales volumes at higher than the current bid price? Why would anyone buy 1 share with the associated buy/sell costs? Anyone else got any ideas why there are so many? Is there any way of seeing where these transactions originate from?

[crazytowner] 06/5/2020 17:28

Ebomber, you are a proven liar, desperate, deceitful, fantasy hindsight trader..As pointed in ut to you before, AMC will have spent very little of the 500k due to the the worldwide lock down and so are probably sat on about 700k.Let's also remember that RY and others have been taking shares instead of salary..Toddle on back to Tern, total scum

[ebomber] 05/5/2020 13:23

AMC - JUST OVER £200,000 CASH LEFT IN BANK TODAY - NEXT PLACING WITHIN NEXT 8 WEEKS

Excellent news AMC have paid the £500,000 loan back from the proceeds of the recent £750,000 placing.

With less than £250,000 cash now left and on historic cash burn we can expect next placing within 8 weeks.

END JUNE / END JULY 2020

Death spiral!!!

[crazytowner] 05/5/2020 07:56

Ebomber, you are a proven liar, deceitful, desperate, fantasy hindsight trader..Total scum

[ebomber] 05/5/2020 07:36

Do u trust the BoD's?

Lifestyle company on the back of LTH's cash.

End June / early July 2020 next placing.

[jammytass] 05/5/2020 07:34

if there assets where in uk it would be worth 50p a share but its in russia so 2p a share says it all do u trust russia?!!!

[russian turnip farmer] 04/5/2020 23:50

buy out 2p...that will suit the day traders just fine but 99% of LTH will lose out

[jammytass] 04/5/2020 18:11

buy out 2p

[crazytowner] 04/5/2020 16:36

Ebomber, you are a proven liar, desperate, deceitful, fantasy hindsight trader..The liklihood that much of the 500k raised initially has been spent is low. Unless you think that companies have been spending like crazy during a worldwide lock down..AMC is probably holding about 700k at the moment

[ebomber] 04/5/2020 16:11

AMC - JUST OVER £200,000 CASH IN BANK TODAY - NEXT PLACING WITHIN 8 WEEKS

Excellent news AMC have paid the £500,000 loan bank from the proceeds of the recent £750,000 placing.

With less than £250,000 now left and on historic cash burn we can expect next placing within 8 weeks.

Death spiral!!!

[ebomber] 03/5/2020 20:41

COUNTDOWN TO NEXT DEATH SPIRAL SHARE PLACING IN 8 WEEKS

June 2020 the AMC share price will be "nailed-on" sub-0.5 pence in anticipation of next share placing.

With $1 billion required to realise resource in 9 years it will always be in a death spiral with bucket shop placings required.

Next placing scheduled for end of June 2020/ early July 2020.

[qui quaerit reperit] 01/5/2020 21:57

LAST UPDATED ON 30/04/2020Industry outlookAmur's published NPVs imply an immediate company valuation of US$60.8m (or 8.7cps) for the TS option and US$97.8m (14.0cps) for the LGM option. However, we estimate that the NPV of the TS option in particular could increase by 32.4% to US$813.6m (implying a value for Amur of US$80.5m or 9.5cps) in the event that a copper concentrate (the subject of on-going met-test work) can be produced as well as a nickel one. Updated (fully diluted) discounted dividend valuations for the TS and LGM options are 5.3c (rising to 7.2cps with a copper concentrate) and 8.7c, respectively at US$7.17/lb Ni. Amur's Russian TEO feasibility study is expected in December.https://www.edisongroup.com/company/amur-minerals/1213/

[money spinner] 01/5/2020 14:53

roo

I have been buying heavily since December 1 mill+ in small buys,to my mind it was too good a opportunity to really bring my average down,I still believe this will come good but hope it happens before I fall off my perch.:-)

[roobarb36] 01/5/2020 14:25

I would think you are in a much better position with an average of 1.7p than most long term holders. You must have added an awful lot recently to bring that average down or you bought the majority of your holding at the end of 2008 or the first few months of 2009
I have held for over 10 years myself and have only just brought my average down to around 7p despite buying quite a lot recently between 1.3889p and 1.0116p.
Still hopeful though that eventually ( and I mean in the next few years rather than months) I will make a profit and "if" I do, you should do very well.
Good Luck

[money spinner] 01/5/2020 13:37

I don't post very often,but I am so bored with this isolation,been a holder for just over 10 years with over 1.3 mill shares @ 1.7p avg,anyone think I'me on a result in the near future..:-))))

[madengland_] 29/4/2020 08:44

Am guessing with markets stabilising and nickel holding up well, RY will release the resource update soon

[wandgrabitt1] 28/4/2020 23:36

Crazy as you know I have been booming on here for a decade. Cross reference to EUA, did we know Sinosteel's due diligence was taking place over two years? Maybe Amur has been in the same process? Things take time?

[crazytowner] 28/4/2020 14:17

Completely agree inaminute, the company stopped exploring in 2018 with the PFS updated to a very detailed standard in early 2019, they have had plenty of time to be progressing with the TEO since the licence was awarded and there has been plenty of fundraising performanced to enable it..I personally think there is a lot of fat in the programme from AMCs side, the statement in the RNS was very matter of fact and the results of an "indefinite shut down" is what would be expected.