Amur Minerals Share Discussion Threads

[beltd] 28/1/2022 13:05

Doing business in Russia is a perceived risk rather that a reality

[roofer2] 28/1/2022 12:58

I can not see the sell off holding back for much longer, “wouldn’t want to be holding these over the weekend” I can see 3p or less by 16:30
IMO

R2

[roofer2] 28/1/2022 12:55

Flagert is here too, just need Madidiot and the game is back lol
IMO

R2

[roofer2] 28/1/2022 12:54

Bwana, where are you to sort this mess out, this taqqr character knows nothing, he sounds like your he could be your older brother ?
IMO

R2

[taqqr] 28/1/2022 12:42

:))) lol I know more than you think...I even know about your gender change operation...

[nfvda] 28/1/2022 12:41

5m delayed reporting @3.92. As a long term holder it does feel like forces are at work. I wish I didn't have to worry about the board being bought and paid for. Would be much more comfortable if they actually had enough shares for share price to be their primary motivation. 7p makes this a buy at these levels but I will be very disappointed if we let them take our appreciating asset away at that price. If not other offers then I guess that is what will happen.

[roofer2] 28/1/2022 12:39

I’m waiting on posts by BWANA, he knows AMC better than most on here, PATIO not too bad either with informative info !
IMO

R2

[roofer2] 28/1/2022 12:39

I’m waiting on posts by BWANA, he knows AMC better than most on here, PATIO not too bad either with informative info !
IMO

R2

[roofer2] 28/1/2022 12:37

taqqr, you’ve not a clue about AMC, your just a chancer on a £250 deal lol
IMO

R2

[thunders] 28/1/2022 12:30

Buyers comming back and moving higher!!

[roughandtumbleone] 28/1/2022 12:26

They say they are looking at sweetening the offer!As I stated earlier in the week, if 100m is on the table, and he's buying in the open market, the offer is likely to be a lot higher than 7.2p if he wants to ensure acceptance from a shareholder vote.15p?

[london07] 28/1/2022 12:24

Proposed buyer bought Highland Gold Mining for over £1 BILLION, could easily offer more!! Must have multi billions to invest!

[london07] 28/1/2022 12:22

Current official offer on table 7.2p, current price at 50% discount. Buyer named, price named. Got you, makes total sense... if ever the market gave you an opportunity!!!

And offer could be MORE!

[roughandtumbleone] 28/1/2022 12:16

https://www.thetimes.co.uk/article/0f8ee838-7fa6-11ec-8532-85a58274df7c?shareToken=0d1394ab86cc6b8f4029d2db2bd4e53cAmur Minerals added another ½p, or 13 per cent, to reach 4p after the revelation on Tuesday that a suitor had approached it with a £100 million proposal. The company confirmed it had received an offer for its main asset, the Kun-Manie nickel mine in the far east of Russia. The identity of the suitor has not been disclosed, although well-placed mining sources claim it is Vladislav Sviblov, who in the past two years has swallowed two other London-listed miners - Highland Gold Mining and Trans-Siberian Gold. The word is Amur is ready to do a deal with Sviblov if he agrees to sweeten his offer.

[rogerc1985] 28/1/2022 12:08

Heard the price just went up to 175m

[neo26] 28/1/2022 12:08

Im beginning to believe, there is a chance his proxies are keeping price low to justify 7p a share.I think they should sell and buy something in safer jurisdiction

[roughandtumbleone] 28/1/2022 12:04

As I stated, I think you've called this one wrong! Look at the 5m trade and the volume going through... trying to be clever isn't going to work out.

[london07] 28/1/2022 12:00

Have the traders been dumped. Is this going to motor ahead, straight through 4p. Do not be surprised. Games afoot. Patience. Offer is on the table. Double your money atleast!!

[neo26] 28/1/2022 11:48

They should take the offer of 100m.

[the skipper] 28/1/2022 11:33

In response to Roofer's deramping about war in the Ukraine take a look at this article which I received yesterday from Kepler Trust Intelligence:

"This will all blow over – Thomas McMahon

Putin’s aims in Ukraine are likely to be limited, rather like the first incursion in 2014. His whole strategy is about taking as much as he can without actually triggering a full-throated response from NATO. In his eyes, NATO’s – or the West’s – weakness and unwillingness to fight is his opportunity, and there is a line he can’t cross. As a result, I would expect any conflict to look a lot like the first attack in 2014, focused on areas of Russian influence and creating an attritional situation that saps power and legitimacy from the Ukrainian government. What happened in markets in 2014 could therefore be a reasonable guide.

The Russian incursion came in February, and it was disastrous for the Russian market and economy. The MSCI Russia Index ended the year down 43% in sterling terms, most of this due to a collapse in the currency. In local terms, the market was down 13%. However, the MSCI ACWI was up 10.6% for sterling investors. Global markets shrugged off the conflict, which may well have encouraged the West to make a rather limited response. For all our principles, our economic interests often drive policy, and they lie in keeping any conflict limited in scope. This is perhaps even more true now than then, thanks to the cost-of-living crisis, which is likely to become more and more significant to politics as the year goes on.

In fact, it could well be that the conflict throws up a buying opportunity in energy-related stocks and perhaps others in Russia. If you had bought into the market in December 2014, near the relative lows, you would have outperformed the MSCI AWI by around 20% since, even after the recent sell-off as tensions rise. One way to be prepared to take advantage of another such opportunity would be to allocate to Barings Emerging EMEA Opportunities (BEMO). BEMO has the flexibility to invest in Russia, which is one of the major markets in its benchmark, but equally to avoid it and bide time in other markets. In particular, the ability to buy Saudi oil companies could prove beneficial if Gazprom, Rosneft and companions suffer sanctions or become temporarily uninvestable. A riskier play could be to look for an opportunity to by JPMorgan Russian, which currently sits on a 12% discount. Given the potential for military action to hit the Russian market, this trust could suffer initially, but if investors manage to time an entry point after the market has absorbed the hit, long-term returns could be good as they have been since the last conflict.

Overall I do not think investors should be shifting into a defensive stance out of fear of an attack on Ukraine. More pertinent reasons to be cautious include the high level of inflation which could start to negatively impact consumer spending and the economic recovery, and how markets will absorb higher interest rates, particularly in high duration sectors. At the margin, any conflict could reduce the willingness of central banks to raise rates, as they may worry about any economic fallout. However, the current inflationary situation is probably at the stage where central bankers will feel compelled to act. Remaining invested in portfolios with a lower beta to growth could be wise, with one such example being AVI Global (AGT). AGT invests in idiosyncratic opportunities around the world where the managers believe there to be value opportunities. This doesn’t mean they avoid growth sectors like technology, but they look for situations where the price isn’t reflecting the value in the company. This is likely to offset or override any negative impact from rising interest rates to the companies’ valuations."

Thomas McMahon
[e-mail]

[inaminute] 28/1/2022 11:31

I said a long time ago I would not be putting any more money into AMC until we had some news that justified it. Just had a little top up. Rude not to.

[london07] 28/1/2022 11:25

Market sleeping, will soon wake up. Stupid are selling, smart are buying everything up. 7p offer on table, and BOD want to squeeze more. Rerate will be EPIC.

[patio58] 28/1/2022 11:19

Wallop! I've topped up again at these ridiculous low prices.

[inaminute] 28/1/2022 11:03

This will hopefully have caused a scramble amongst any other potential bidders who have been waiting for the TEO