Amur Minerals Share Discussion Threads

[russian turnip farmer] 09/5/2022 16:07

We shouldn't reject this deal because we can end up with nothing, and RY doesn't seem to mind.

[moneyman50] 09/5/2022 15:16

Will shareholders reject the deal-not sure if RY has enough cronies to ensure deal goes through -If he losses vote will probably wind the company up out of spit-hand licence back to Mr Putin and shareholders will get nothing .
RY has never shown any respect to shareholders and why should he now?

[orchestralis] 09/5/2022 15:04

Might shareholders reject it?

[zb27] 09/5/2022 14:07

I'm sure RY agreed to this deal with both hands tied behind its back. It's russia. No one will dare touch this, all hope of China/Japan went down the drain. It was most probs this or nothing!

What will RY get out of this deal? He has zero credibility, not sure why anyone would wantn to continue a part of AMC with him as CEO, he's just gona extract a huge salary for years to come. Totally inept, and zero communication. Worst deal possible, completely sold us out.

[moneyman50] 09/5/2022 13:26

RY has made a complete hash of this ever since the licences were granted many years ago-his continuous shareholder dilution at mates rates has totally destroyed shareholder value and has not created any shareholder value.Why has the TEO not been published which has cost millions and millions and why can’t the mine be sold for a one off amount instead of spreading the proceeds over time-no doubt to ensure large salaries are continued to be paid to Robbing Young and his cronies.RY has totally messed this one up and should not be trusted to reinvest the proceeds in further projects (ie inflated salaries for RY and cronies ).There was an alleged offer for the company when the licences were granted (which RY would not disclose) which no doubt would have been multiples per share than the current offer.The deferred consideration makes the derisory offer of $105 million a lot less in real terms

[apfindley] 09/5/2022 13:21

Voted down? Lol good luck.Cutting off your nose to spite your face....and the alternative is what, Russia taking the asset back.Good luck....ROFL...

[the skipper] 09/5/2022 09:46

If this doesn’t attract a counter bid from the Chinese nothing will.

[zb27] 09/5/2022 09:07

Well well well. The oracle that is CT, who claims to hold 30-40m shares said he will vote for this deal!!!!! Beggars belief. How does anyone actually know what they hold and what their true motive is. Something very fishy going on.

[gizmohican] 09/5/2022 08:49

Lets hope there's another bidder!

[gizmohican] 09/5/2022 08:48

Dirty deal will be voting against

[mold breaker] 09/5/2022 08:43

I’m shocked at the terms of this deal and only a portion to be paid in dividends (no actual declaration of a figure).

[mold breaker] 09/5/2022 08:41

I’ll be voting against, hoping for better deal down the line. I’m

[fission453] 09/5/2022 08:38

yes vote against this stupid offer

[billyrayvalentine] 09/5/2022 08:34

...voting against!!!

[fission453] 09/5/2022 08:27

it will be voted down!
This is a first offer so just testing the waters!
No one but no one accepts the first offer!
Especially this one!

[apfindley] 09/5/2022 08:25

All those pumpers asserting that you'd get a cash payout by dividend for the 100mill sale....it was all LIES.Now you understand, the money will stay in the coffers, be used for working capital and a possible investment which will eat further, oh and its payable over a long timeframe.Stiched up like kippers ...springs to mind.

[avsome1968] 09/5/2022 08:24

Could get voted down?

[avsome1968] 09/5/2022 08:23

I agree BELTD wait for the dust to settle here be more news shortly, 1m buy gone through at 2.40 taking the panic sellers.

[nfvda] 09/5/2022 08:22

This deal is a long way short of 105M when you apply even a conservative discounted cash rate. Right now, if someone offered 100M for a straight, no nonsense purchase, I'd bite their hands off. This offer is derisory due to the timescales and uncertainty the shareholders will actually see much if any of the benefit. 20% rise only says it all

[goneawol] 09/5/2022 08:21

With inflation, what will $50m be worth in 4 years? $40m? Less?

[goneawol] 09/5/2022 08:16

The $30m is payable over 10 years from 2027.