Amur Minerals Share Discussion Threads

[gizmohican] 16/4/2021 09:59

some serious monies coming into the ev revolution

[gizmohican] 16/4/2021 09:54

TechMet closes its second funding round at $120M

TechMet
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TechMet
16 Apr, 2021, 09:00 BST

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- TechMet the private strategic metals company backed by the US DFC, closes its second equity funding round with a 50% oversubscription

- Largest shareholders now include DFC, Lansdowne Partners and Mercuria.

DUBLIN, LONDON and WASHINGTON, April 16, 2021 /PRNewswire/ -- TechMet has announced the closing of its second-round equity fundraising at $120m. The close represents a 50% oversubscription on its $80m target. The final $60m was raised at a 32% increase over the company's initial Round 2 price, and a 140% increase over its Round 1 price.

TechMet invests in projects across the supply chain of the metals critical to electric vehicles and renewable energy systems that form the basis of the green industrial revolution.

TechMet's largest shareholders now include the US International Development Finance Corporation (DFC – the US Government's development finance institution); Lansdowne Partners (one of London's foremost investment institutions); and Mercuria (the global energy trading company); together with TechMet Chairman and CEO, Brian Menell.

The critical metals company was founded in 2017 by British/South African metals industrialist, Brian Menell, with the aim of developing assets that produce metals for which global demand will vastly outweigh supply as the world moves to clean energy technologies. Its assets include Li-Cycle Corp – the lithium-ion battery recycling company which recently merged with Peridot SPAC; Brazilian Nickel – the mining and extraction company producing nickel and cobalt suitable for EV batteries; US Vanadium – which produces vanadium products suitable for redox flow batteries; and Tinco – a portfolio of producing tin and tungsten mines.

Founder, Chairman and CEO, Brian Menell, stated:

"The closure of this funding round marks a significant milestone for TechMet and its oversubscription is a clear reflection of our great projects and of the value the team has created in a short time. These funds give us a significant amount of firepower to expand our operations and add to our portfolio.

We are fortunate to be at an inflection point in history of both enormous opportunity and enormous challenge. We are at the beginning of an epic supply-demand dislocation for the metals that go into EVs and renewable energy systems, and our industry must completely transform itself in order to supply these strategic materials in the quantities necessary, and with the required high Environmental, Social and Governance standards and low carbon footprint, to ensure the success of a clean energy future.

TechMet's mission is to build ethical, independent, and environmentally sound supply chains for the metals that are needed to ensure the success of this 21st Century clean energy and EV revolution.

Former chairman of the US Joint Chiefs of Staff, and Chairman of TechMet's Advisory Board, Admiral Mike Mullen, commented:

"I applaud TechMet's achievement in closing this round of funding - it is a testament to the team's foresight, positioning, and ability. As the world adopts new technologies, the supply of critical metals becomes a more pressing national security challenge for the US and its allies. TechMet's achievements and credibility now firmly position it to help to deal with these challenges."

Following the success of this round, TechMet is planning a third round equity raising in Q2/Q3 2021 to secure an additional +/- $250m to further scale its core operations and expand its portfolio.

About TechMet

TechMet is a private company building world class projects that produce, process and re-cycle "technology metals" critical to EVs, renewable energy systems and energy storage. TechMet's target metals include: lithium, cobalt, nickel, rare earth metals, tin, tungsten, and vanadium. TechMet's core investments include:

Brazilian Nickel PLC – nickel and cobalt production in Brazil
Li-Cycle – lithium-ion battery recycling in Canada and the US.
US Vanadium – vanadium specialty chemicals production in Arkansas (USA).
Tinco – the largest tin and tungsten mines in Rwanda
TechMet also has an interest in a producing Rare Earths metals project and is developing TechMet Ventures to invest in new opportunities across the supply-chain.

[johny cash] 16/4/2021 08:53

With reasonable support from our friend at 1.62 this should do well today

[hughez87] 14/4/2021 20:53

Things moving along nicely now for AMC on no news. We have had many false dawns but I think this is the final rise as we head towards ultimate takeover. GLA

[trickydickytwo] 14/4/2021 09:55

Europe wide ban on ICE vehicles getting closer?

hxxps://cleantechnica.com/2021/04/13/63-of-europeans-living-in-cities-support-eu-ban-on-petrol-diesel-car-sales-after-2030/

That will get the petrol heads manning the barricades. Having said that it will happen.

TDT

[gizmohican] 14/4/2021 08:23

Source: Bloomberg

2019 to 2030 'battery' demand increase forecast for EV metals: - Nickel 'battery' demand forecast to increase by 14x

[roaring_kitty] 13/4/2021 10:55

Gizzard are you a decorator dude?

[roaring_kitty] 13/4/2021 10:53

He should put his pencil case away and get onto Reddit man

[roaring_kitty] 13/4/2021 10:53

Yo Patio that dude sounds like a total loser who the hell is he

[gizmohican] 13/4/2021 08:53

hxxps://www.smh.com.au/business/companies/bhp-to-ride-ev-green-power-revolution-as-copper-nickel-demand-set-to-soar-20210412-p57iij.html

[gizmohican] 13/4/2021 08:42

hxxps://www.mining.com/nickel-price-falls-as-china-warns-on-raw-material-prices/

[trickydickytwo] 13/4/2021 08:34

Patio58

Thanks for posting. I've never been much of a fan of technical analysis partly/largely because I've never taken the time to study it. I will, however, be a huge fan if Zak Mir's current prediction for Amur over the next 3 months or so turns out to be accurate.

TDT

[patio58] 12/4/2021 08:10

hTTps://www.share-talk.com/weekend-edition-bulletin-board-heroes-sunday-11th-april-2021/#gs.xzfn6n

[gizmohican] 09/4/2021 20:00

Nickel price forecast for 2021
Dan Atkinson 6 hours ago
For traders News and features Analysis Nickel price forecast for 2021
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In the metallurgical family, you’re only really someone if you have a nickname.

Silver is “the grey metal”, platinum “the white metal”, copper “the red metal” and gold, of course, is “the yellow metal” (also known by detractors as “the barbarous yellow relic”, in a remark attributed, wrongly, to the economist Lord Keynes).

Nickel, alas, has no such widely-used title, which is perhaps appropriate given it is everywhere in our daily life but rarely noticed.

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Moment in the spotlight

This is, perhaps, because of its role as part of alloy metals, mixed with other materials. And partly, to be honest, it probably arises because of the mainly unglamorous uses to which nickel is put.

Batteries and plumbing are unlikely to set the pulse racing, although strings for electric guitars provide a link to the world of showbusiness. Then there is nickel’s role in coinage, memorialised in American slang for a 5-cent coin (“a nickel”) and a cause of outrage in Britain after the war when the then Labour Government replaced the silver content of higher value coins with a mixture of copper and nickel.

Nickel did have a moment in the spotlight in the mid-2000s when rocketing prices meant that the open-market value was higher than the face value of coins. One British newspaper proved this by taking some coins to France, having them smelted down and sold on the open market.

Why France? Well, because deliberately destroying the national currency in the UK itself would have been a criminal offence.

Not as simple as it seems

From the above, you will gather that nickel trading is pretty much a pure play on two things – the state of the economy and supply and demand. There is little if any use in jewellery (unlike silver) and absolutely no investment or monetary role, unlike gold.

So, how to go about making a nickel price forecast? Perhaps the best place to start is with the recent past performance of this most durable of metals.

At the time of writing, nickel is trading at $16,743.72 a tonne. A year earlier, on 9 April 2020, it changed hands at $11,565.33 a tonne.

That latter figure was also the 12-monthly low for nickel, suggesting upward momentum and a positive nickel price outlook. Unfortunately, it is not as simple as that.

Nickel’s 12-monthly peak occurred on 25 February, at $19, 344.22 a tonne, since when it has slumped back below $17,000. This may seem odd at a time when the prospects for the world economy are being talked up, with the lifting of many coronavirus-related restrictions and the International Monetary Fund (IMF) raising its forecasts for global growth.

But the website Trading Economics suggested expectations of higher supply volumes may have depressed the price, although its medium-term view was more upbeat. It wrote: “In March, nickel plunged 14%, as concerns about supply shortages had eased. Still, the commodity growing usage in lithium-ion batteries and the accelerated roll-out of electric vehicles should drive prices higher in the long-run.”

Nickel price forecast 2021

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Certainly, the nickel price prediction 2021 looked good at the start of the year. On 14 January, Forbes magazine reported: “Demand up. Supply down. Price heading for a 10-year high. It doesn’t get much better for nickel—except for the potential to get a lot better for a metal which has a well-earned reputation for extreme highs (and lows).”

It added: “Get ready for a rise to the great nickel rush of 2007, when the metal hit an all-time high of $50,000 a tonne – before plunging to $9,200 a tonne just two years later.”

Since January, as we have seen, supply constraints have eased, which is perhaps unsurprising, as on 20 January Argus Metals counselled: “Nickel prices are drawing closer to the $20,000 a tonne threshold required to spur investment in new supply.”

Obviously, such investment has the effect of increasing supply, with the effects one would expect in terms of dampening the price. Are February’s levels, close to $20,000 a tonne, the best we can expect from nickel this year, or will the nickel price go up?

The World Bank’s commodity-price forecast of October 2020 doesn’t hold out much hope for anyone looking for $20,000 a tonne any time soon. Indeed, it is fairly downbeat about nickel’s prospects.

Biden to the rescue?

For 2020, it forecast $13,500, well below the actual price, and for this year it is looking for $13,800, again well below the current price. Into 2022, the World Bank is predicting a price of $14,213, and for 2023 one of $14,639.

Matters are a little brighter come 2024, with a price of $15,078, rising to $15,530 a tonne in 2025. By 2030, nine years from now, the price is expected to have hit $18,000, still below the $20,000 a tonne that brings forth new investment.

Even so, these figures may suggest nickel is a fair long-term bet, given the 2030 price is significantly higher than nickel’s price per tonne today. But the World Bank makes clear that all its commodity price forecasts are in “nominal US dollars”. In other words, these figures take no account of inflation and, if you listen to critics of President Joe Biden and his team, there is going to be plenty of inflation as a result of loose monetary policies and his $1.9 trillion stimulus package.

Of course, this very same package could give a huge lift to demand for nickel, more than cancelling out the downward impact of greater supply. On top of the stimulus measures, he is also proposing greatly increased infrastructure spending, and this least glamorous of metals is a key component of stainless steel along with, as we have seen, plumbing installations.

President Biden can be expected also to promote the use of electric cars, with nickel an important element in their rechargeable batteries.

Looked at in this light it may seem that the answer to the question: “Is nickel a good investment?” is, quite simply, yes. But everything hinges on the performance of the US and world economies.

As mentioned before, nickel trading and investment is a fairly straight bet on economic growth. Unlike other metals, there is nothing to cloud the issue, no angle to do with jewellery, no use as a reserve asset in central banks and no devoted band of followers with a quasi-mystical belief in its role as a store of value and demands that it be made once again the basis of the world’s monetary system.

In light of all this, the World Bank’s forecasts look pessimistic and we can probably add $1,000 a tonne to its predictions for each year up to and including 2030

[thunders] 09/4/2021 16:35

I like those 2ook trades comming since last three days. Because since last 20 Years i have noticed these 200k trades appears before the price rokets!!!!!

[gurunostradamus] 09/4/2021 16:04

Also RK dude! Thanks for your head-up dude!

[gurunostradamus] 09/4/2021 16:02

Nice volume buildup over the last few days and more importantly high than usual number of AT trades! Something is going on up in those Russian mountains!

[thunders] 09/4/2021 14:54

Good volume. Something is going on ???

[madengland_] 09/4/2021 13:18

Quite so buddy! The comms having dried up a sure sign that the company does not need our support on anything. That should be a good sign. It is also frustrating at the same time, reflecting RY disdain for his shareholders. FAQ nearly 2 years since updated, and not a squeak on the TEO or situation with Adam. But as all LTH know only too well, any comms has centred around them needing support

[patio58] 09/4/2021 10:53

Should be 10p already on current fundamentals Mad, feels like I've been in this stock forever, value has to win though in the end.

[madengland_] 09/4/2021 10:49

One thing we do know is that on good news share price moves this can multiply exponentially in a matter of days. With the right news 10p will look cheap

[madengland_] 09/4/2021 10:47

I would expect this is people building stakes in the hope/or the wink that the TEO will be lodged and some news on the back of it. Personally I'd prefer that than a pump at this point. Let's see some news so we see the true value