Amur Minerals Share Discussion Threads

[crazytowner] 27/5/2020 17:10

I have no problem debating with you and will continue voting down your moronic ideas..If you think calling me a trader somehow bothers me as I clearly am not it just shows how desperate and delusional you really are..Yes, you should write to somebody in Russia and whinge that AMC is having to raise money to invest in their country, idiot

[qui quaerit reperit] 27/5/2020 17:05

Is that all you can do, just keep voting ppl posts down, why not to discuss investment? Oh sorry I forgot, you don't invest, you trade:)

[loganair] 27/5/2020 17:03

In the past Amur have mentioned how much the expenses were therefore not to mention how much they were this time round suggests to me they were on the high side.

The number of shares Placed is more then 3% of the companies shares in issue therefore a holdings RNS should come out soon, therefore why not mention in this RNS who the Placee was.

[qui quaerit reperit] 27/5/2020 16:57

Possible option, open to discuss - we can make a joint letter to Russian Far East Development Agency and express our concerns regarding Amur Minerals devaluing Kun Magnie project and damaging Russia's international reputation as Amc is listed in UK stock market. Such AMC behaviour raising doubts about foreign investment climate in Far East Region. We should put this in proper writing and send it to Amur Region Governor too!!!

[maxirus] 27/5/2020 16:44

Been buying regular small portions of these shares for past few months. £1k each time. It's a real rollercoaster. Just when starts looking good they come along and rinse it. I do wonder what's going on. On the face of it this should be a no lose nailed on certainty to double or treble your money. Unfortunately they went and built the mine in Russia of all places. Shame they can't move it.

[crazytowner] 27/5/2020 16:40

1. Maybe the party didn't want to be named. 2. Maybe the expenses are minimal as the investor approached them.3. Your cash calculations take no account of the fact of the moneys raised since March, senior staff not taking salaries and the Russian lock down. Circa 1m in the bank in my opinion..The reason that you are getting "ill mannered retorts" is because you points are inaccurate and misleading

[russian turnip farmer] 27/5/2020 16:39

25/5/2020 at 14:44. I wrote…eBomber...It's almost guaranteed we'll get a nasty RNS this week, virtually every time the share price is moving up it happens. Outsiders would think it's all being done on purpose.

and today we get the nasty RNS. It’s pathetic, like clockwork. Is this dog even worth buying at .0020p. Think I’ll write off my 400.000.

[crazytowner] 27/5/2020 16:35

Tialouise / ebomber are simply spiteful Tern investors that couldn't debate with a poster over there, so came here to try to damage this share as some sort of childish revenge.

[loganair] 27/5/2020 16:34

1. Why didn't Amur say who the shares were placed with?

2. Why didn't Amur say how much the expenses are?

3. Depending on how much the expenses are the money raise will last 2 months, maybe 3 months at the very out side before another 50mln shares will need to be Placed.

4. I am confident the share price will rise to allow the placee of the shares to sell their shares at a higher price so as to make even more money out of the share placing. It is highly likely the share price will then fall back again to new lows.

5. TEO due December 2020 - Approval for mine plan due December 2021, to get to this stage will most probably require a further 250mln new shares to be issued via Placings - A further massive dilution for the Private Retail Investor.

6. No forward guidance after 2021.


7. Is it too much to ask for other posters to answer my valid questions instead of replying to my questions with only rude ill-mannered retorts.

[crazytowner] 27/5/2020 16:33

What an idiot..You do realise the importance of the TEO don't you and where it sites in the progression of things?

[hughez87] 27/5/2020 16:30

Why come on here to be critical? What is the actual point??

[tialouise] 27/5/2020 16:20

Just dilution and more dilution soon be worthless lol

[adnexal schevsur] 27/5/2020 16:20

Check the positive trades. This is ticking up.

[hughez87] 27/5/2020 16:11

Disappointed today that the steady growth in share price was wiped out by the Placing. I am encouraged that it didn't sink lower and should rebound fairly quickly if the shares are in strong hands which they very well could be. Hopefully it is helped along by some positive news for a welcome change. Hopefully the company is now financially secure to fast track the TEO works with plenty of good news going forward.

[loganair] 27/5/2020 16:11

In their last financial report AMC say they are getting strong government support for the project and associated infrastructure - I do not see this.


Normally the government pays to put in one of the following:

1. Rail Head - $22mln
2. Access Road - $135.6mln
3. Putting in a power grid - $117.8mln

The government is not paying for and putting in either of these 3 which is 50% of the capital cost of getting the mine into operation - Why not?????

For one of the mining companies I'm invested in, in Russia the government put in the power grid, if they did similar with AMC would be a massive savings for them.

[adnexal schevsur] 27/5/2020 16:09

Check the trades. Investors know it was oversold

[adnexal schevsur] 27/5/2020 16:00

People finally waking up. Buyers picking up cheap shares before market close.

[adnexal schevsur] 27/5/2020 15:52

Good time to buy cheap here.