Amur Minerals Share Discussion Threads

[gimmetheloot] 10/2/2021 17:36

Delays no good. BFS should’ve been out end of last year

[roaring_kitten] 10/2/2021 17:34

https://www.metalbulletin.com/Article/3974472/base-metals/MORNING-VIEW-Copper-nickel-prices-reach-fresh-multi-year-highs-others-upbeat.html

[roaring_kitten] 10/2/2021 17:34

https://www.metalbulletin.com/Article/3974472/base-metals/MORNING-VIEW-Copper-nickel-prices-reach-fresh-multi-year-highs-others-upbeat.html

[roaring_kitten] 10/2/2021 17:33

https://www.metalbulletin.com/Article/3974472/base-metals/MORNING-VIEW-Copper-nickel-prices-reach-fresh-multi-year-highs-others-upbeat.html

[harry tp] 10/2/2021 13:29

EddieJacksom,what makes you think a placing brewing ?? and if so do you think at a big discount again ??

[oil piper] 10/2/2021 10:40

Today will be key to holding that 1.5p but so far that early 1.35m sell @ 1.51p not caused major wobble.

AMC : support*

Support 1 - 1.5p
Support 2 - 1.208p
Support 3 - 0.92p*

[thunders] 10/2/2021 09:49

TEO is a major milestone and is now expected to be completed in Q1 21 .

Price should start moving upward now as Nickel price is going up every day.
Robin Young, CEO of Amur Minerals Corporation, commented :

"Completion of the Russian required TEO is a major milestone for any company. This foundation document defines the criteria from which reserves are defined and then registered. This registration process establishes procedural pathways going forward and what specific tasks are necessary to derive detailed engineering works for the comprehensive mine site and support facilities ultimately leading to a Bankable Feasibility Study.
"Completion of the final sections consisting of the financial analysis of the project and operational plan is anticipated to be Q1 2021 as the generation of the voluminous hard copy documentation is a time intensive task requiring substantial office commitments."

[thunders] 10/2/2021 09:49

TEO is a major milestone and is now expected to be completed in Q1 21 .

Price should start moving upward now as Nickel price is going up every day.
Robin Young, CEO of Amur Minerals Corporation, commented :

"Completion of the Russian required TEO is a major milestone for any company. This foundation document defines the criteria from which reserves are defined and then registered. This registration process establishes procedural pathways going forward and what specific tasks are necessary to derive detailed engineering works for the comprehensive mine site and support facilities ultimately leading to a Bankable Feasibility Study.
"Completion of the final sections consisting of the financial analysis of the project and operational plan is anticipated to be Q1 2021 as the generation of the voluminous hard copy documentation is a time intensive task requiring substantial office commitments."

[bwana4] 10/2/2021 07:19

LOL !! You know what you can do with the Red thumb !!🖕😎😁

[bwana4] 10/2/2021 07:16

O/T.
JH. I am in North Cyprus. Lost my cash card so not been able to post as ADVFN says AMC BB is a prime BB !!
I won't contribute any further money to ADVFN now. Long story about the card.
LOL yes still fit and going strong.
GLA.

[gizmohican] 10/2/2021 06:46

Nickel prices flying and our robin is still hiding

[jghale] 09/2/2021 18:09

Good to hear from you Bwana....trust you are as fit as a fiddle
J G H

[bwana4] 09/2/2021 08:07

Good morning all.
Well RY doesn't care about his PI's !!
Far too many lies told about being locked out etc etc ! Very bad CEO.
Silence and more silence!!
Meanwhile the share price is being manipulated by the DMA trades !!
GLA.

[max holding] 08/2/2021 16:01

oilpiper i do hope we dont slip sub 1.5p as patience is being sorely tested :-(

[sammy g] 08/2/2021 15:43

The amc order book not looking too great today with only one mm on a 1.5p bid with the rest at 1p to 1.3p and a fairly empty Dma order stack on the bidside.Somebody is selling this down steadily now,though could be a alot of buyers tempted in at 1.3p if it gets there.

Chartwise all indicators now negative too on lead up to a much anticipated TEO,you just got to love the Aim :-)

[madengland_] 08/2/2021 14:03

I do think the environment favours a decent binding offtake. With Mr. Habib still president and acting as an advisor we can only hope conversations are happening while the TEO delay is being dealt with.

[madengland_] 08/2/2021 14:01

Thanks both for sharing. I certainly agree that end March is a key date that needs to be met. The drift for AMC can be more pronounced as RY hasn't won confidence with his comms and deadlines from past performance, although in this occasion I give him benefit of the doubt. Equally the right news will project the share price substantially north

[oil piper] 08/2/2021 13:22

eddie as a chartist myself i have a few thoughts : the 1.5p support is key as a measure of near to mid term support which has been tested before but we also have a weaker Rsi than before the last test of that level.So without newsflow that 1.5p may be breached to the downside but i see support 2 around 1.2p being a rock from which to build.On Aim you always see drift in quiet news periods,however if there is a delay on that TEO expected before end of march the charts could be rendered useless if another huge sell-off continues.So at the moment i would say we could be close to another downward move (on balance) but that could change if we get a few days of very high buying above 1.638p and we see the Rsi stabilise.

[madengland_] 08/2/2021 12:00

Eddie imho the only predictor of price here is newsflow. I am not a trader, or a technical chartist. I do not have an issue with either. I take issue with traders who try and ramp or deramp.My holding in this business spans a long long time. We are awaiting news, and imho we could get some decent news as the environment is right for the type of deal we need to open up debt funding. I don't wear rose tinted glasses vis a vis RY

[eddie jackson] 08/2/2021 10:24

madengland...i would be interested to know your thoughts on potential support levels at the moment ? if we breach 1.5p could we test 1.3p ? or is it likely to hold 1.42p ?

[madengland_] 07/2/2021 10:41

Crikey you are a numpty. Surprised you manage to pick turnips, let alone farm them. Figures are in the rns. The copper stream is now separable from the nickel, maybe even you get the significance of this? Copper is around 8 dollar a kg. A ton is a 1000kg....-- The ability to generate a copper concentrate creates a substantial and new source of revenue. The PFS assumed no recovered copper based on the then non-binding offtake terms available. Using the Gipronickel flowsheet and metallurgical test work results, it is projected that annually about 6,704 tonnes of payable copper would be recovered from 30,000 tonnes of concentrate. (Page 8)

[russian turnip farmer] 07/2/2021 04:05

dismal figures, indeed... is this resource profitable to mine?

[russian turnip farmer] 07/2/2021 03:38

Madengerland... you're not even a good ramper...You wrote...It is also noted specific reagents have improved the nickel grade within the concentrate from the PFS level of 9.7% nickel to that of 10.37%. Also, the annual tonnes of nickel concentrate have increased to 27,124 tonnes from the PFS 24,306 tonnes per annum.... On your calculation 10.37 percent of 27124 gives us 2812 tonnes per annum. That's only £35 million, or so....not very much, is it! have you calculated wrong? and the copper ... Using the Gipronickel flow sheet and metallurgical test work results, it is projected that annually about 6,704 tonnes of payable copper would be recovered from 30,000 tonnes of concentrate. (Page 8) that's another £36 million or so....still not much, is it!
Your figures, not mine.

[russian turnip farmer] 06/2/2021 23:27

Madengerland, you do ramp, that's all you ever do... is ramp. You ignore the dilution and the fall in the share price Example...If you bought AMC in February 2017 at 11.50p you would be down 86% and that's not with dilution included. AMC only had 595 million shares in February 2017. Stop ramping it's becoming tedious.

[madengland_] 06/2/2021 17:38

The wise words of Max Holding. Lax Holding more like.....Guys i have been an AMC holder for longer than i care to mention ! i think it is time for the CEO to now GO,recent revelations have only added further mistrust in the BOD on top of the Habib debacle. Can you imagine if the CEO was replaced (for example someone from EUA with a decent track record).That alone could increase the share price here 400%,how can it be possible that a ceo can oversee a 90% destruction in company value and shocking dilutions at the same time that their key markets are soaring,and not be questioned ? Shareholders need to act to get some decent management in and get us back in with a shout of a 20 bagger. See this thread :