Amur Minerals Share Discussion Threads

[mr skint] 21/5/2020 08:04

Mr C towner

You may well be right sir, I hope so.

[mr skint] 21/5/2020 08:03

Really ?

Rather than give a thumbs down, why don't you highlight what you disagree with in my post so we can have a rational debate.

Don't hide behind the red thumb, show yourself.

[crazytowner] 21/5/2020 07:59

Hiya Mr Skint,. I just want to clarify, I believe that NPV will be closer to 4 billion as things progress (my reasons include a tie up and shared smelter with the other Amur Minerals that Tom's involved with, increasing the annual tonnage and a seperate copper concentrate and mineral limits not having been reached)..This is my personal view based upon company releases and things that I suspect will happen

[mr skint] 21/5/2020 07:28

Mr Qqr
"they are withholding price sensitive information"

Indeed they are and a good observation, they have admitted to having them, back in December. If they are being withheld for the reasons you state, then there is nothing stopping them from giving that reason to the market.

Frankly they have no good reason to not inform us for this unacceptable delay.

[qui quaerit reperit] 21/5/2020 07:19

Fully agree and very, very well said!A few thoughts, they are withholding price sensitive information - this is against the Law apart from a few exclusions ( nda's and or Russian Law state secret ). No doubt Nomad fully aware about this too but not raising any questions or concerns, my logic is telling me that amc has got some Russian government correspondence to support the secrecy and or it is nda related case...

[mr skint] 21/5/2020 06:45

I think we're at cross purposes, I meant 10% of people trust them and 90% don't.
You're one of the 90%. That ratio could be way out, its maybe 1% - 99%

But they only have themselves to blame. Investors generally give support long term, but there is a breaking point after continued let downs and most have crossed that threshold.
Great fundamentals being let down by very poor PR and even worse, extremely poor communications and relationship with shareholders.

All these things are not lost on the market makers, it has now eroded sentiment to near zero.
The directors are aware of shareholders feelings, but it now seems they no longer care.

It's very difficult to accept any reason or excuse for not releasing the drill update, especially when they publicly state when they will be released and give no satisfactory explanation for not doing so.
So it's easy to see why there is so much distrust.

Something is clearly not right with these results, imo, they're either too good strategically or they are woefully disappointing, making his earlier claims misleading.

Everything is at odds with the company's mission statement and corporate governance code.
Looking back at all news since 2015 license approval, there has been nothing that has added value to the share price Everything has reduced the value to near criminal levels, give the value of the resource.
That's a five year losing streak, which does no favours for the credibility of the BOD.

It's a multi billion dollar asset for the price of an average championship football club defender.

I recently read a post by Mr crazytowner, saying the npv was $4 billion, if so, with a market cap of £9 million pounds, there appears to be some very serious mismanagement, not many ceo's would survive that record of under achievement.

I made a sizeable investment here, based on fundamentals and certain promises made by the BOD, it's appears I was misled.
I hope they improve and deliver, misleading investors is a serious offense.

[madengland_] 20/5/2020 23:14

I'm afraid my 10% left a while ago.... not written off the potential but the trust is gone. Shame. Shame on RY I suppose

[russian turnip farmer] 20/5/2020 19:01

STFU Leechfudd, crawl back under your rock

[leechang] 20/5/2020 17:46

I tell you last week news ready! Now believe me or no??????

[jammytass] 20/5/2020 12:45

Please be aware of the other board and the constant ramping this year will be sold at the very maximum of 2p This company is solely run by the Russians Mr Young is just a figurehead with no power whatsoever he is just a glove puppet for the Russian paymasters

[ebomber] 20/5/2020 11:57

I see the RNS today advising the first Non-Exec Director to leave the sinking ship.

Didn't want to be associated with the "carry-on film" of further imminent placings and first revenues in 9 years time.

Death spiral!

[mr skint] 20/5/2020 11:22

madengland
That's one helluva question.

It's probably 10/90%..Y/N based on current sentiment and communications.
Your post at 4272 being a good example.

[madengland_] 20/5/2020 11:16

Hi Patio, all good thanks hope the same with you. Here's a question...... do you trust RY and the BOD. Y/N and why?

[madengland_] 20/5/2020 10:32

What are people's theories on the long delayed and several times promised drill results?

[cowboysteve] 20/5/2020 09:40

Same here CT. I remember last summer I had the feeling this would drop below £10m mc before any kind of significant re-rate would happen. Took a year or so to get there but, like you, I've taken advantage of it.
If Adam gets an offtake, then we should see such a re-reate.
If you dont mind me asking, what do you make of RedLee's analysis regarding negativer cashflow on the other board?

[brasso3] 20/5/2020 09:26

I think the share price would have been up 50% - 100% if Robin left!