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Some people have faith... 2 x 20k buys today.
Is there a cut off date for acquiring shares and receiving the dividend, or is there only a restriction on how long you must hold your shares post dividend payment?
TIA
RY has a substantial stake in AMC.
The sale price does not make him a billionaire.
However it is still worth considerably more to him than sabotage or continuing to take a salary.
It is more likely that RY is working towards concluding this transaction and also plotting the next steps on a RTO
To get a deal done in this climate is difficult and will require patience.
To me it suggest cos we are in sale process the mining plan deadline pauses. This is my opinion.
We should still enquire with amc to see whether its true we do not want them to down the line say we expected the deal to go through blah blah blah but we missed deadline.
All shareholders should contact amc whether by phone or email for confirmation.
Info@amurminerals.com
Julian
But the rns on Nov stated that timing depends on banks KYC, this to me implied the bank is doing dd.
"....With regard to timing, this is dependent upon banking institutions completion of their Know Your Client ("KYC") protocols."
Worth looking again at the post of Shadowless on the 5th Dec following his attendance at the AGM. They were supposedly in touch with multiple banks and awaiting a positive response but if nothing materialised might look at Cyprus .Perhaps they had in mind Kiteserve .In any event with a month having gone by it is not unreasonable for us to expect an update. Whether we get one of course is another matter!
This is a question the company should answer, i emailed them see if i get response.
Hoping fund transfer is done by that time, 5 months to go..
Hello Maestro1
Did RY tell you that at agm?
No.
The june date for the mine plan was in the Feb 2021 RNs
Whether the deadline is paused due to the sale is anyone's guess.
Shadowless
Did RY tell you that at agm?
Now that Putin has agreed to disposal wont that be paused until deal concluded?
Think the deadline for the mine plan is in June 2023!!
We can though can we. We are still bound by the timescales imposed by the Russian federation for the completion of certain tasks with the big one being the mine plan.
I believe this is due in the not too distant future and if not completed the licence will likely be revoked.
I don't see any progress being made on this at all
Edit:
"Countries like renault and nissan"
Companies like renault and nissan
Lol
Roger65
If you read rns it states many banks are not accepting cash from russia and others are making it difficult. Our banks told Amc to find another bank. RY has said they look forward to when banking situation resolved. This is strong statement which you cannot put in rns if you believed it would be difficult.
If one wants to play devils advocate, the war will not last forever, eventually both nato and russia will have to get along, remember its Svidlov who is getting asset at massive discount, he will want the deal to go through as soon as possible.
Countries like renault and nissan have been forced to leave russia and sold its assets fot $1, they have an clause to get back in by paying compensation to new owners. Renault is still paying staff and hoping it will be resolved soon. Maybe a year?
We still own KM, Putin agreed for it to be sold the onus is on Svidlov to make it happen, we can just wait it out like EUA..
maestro - 'looks forward to letting us know when the banking issue is resolved'.
He lied. He'll shortly be $45k richer for this hold up and probably hasn't done a thing to resolve the issue.
If you believe this will eventually come good and he'll deliver then yes 1p or sub is a bargain but any investment in Russia now as risky as it gets.
fyeburnmouth
You need to remember what you've posted previously before you go claiming to have bought and sold many times.
25th. May 2022
"As a very LTH I have been struggling to make sense of Amur for years but always hopeful of at least a small profit on my investment av of around 5p."
TDT
Bought and sold many times at 3p,8p,10p20p etc. and even some at 40p but always held on for the big one which I thought would come.Certainly not a disaster financially but a disappointing end for the "amur dream".
Last few weeks been takin adv of the fall under 1p. Reduced my average significantly, the rns in nov RY stated he looks forward to letting us know when the banking issue is resolved. Surely he is not that much of a psycho writing that in rns.
Svidlov is gettin asset at around 75% discount. There is always a way, if its delayed and delayed who knows the war might be over by then and we might get multiple parties interested. Svidlov will want this done asap.
Please dont tell us you went from 1p to 44p but didnt make any money.
Wish I shared your confidence; but here`s hoping . Amur has been one long long wait since my original buy at 1p 15 or more years ago!
Getting some interest back, remember special divi of 1.8p a share and you keep your shares in new company.
RY is confident the banking issue will be resolved. Anyone buying now makes decent chunk profit.. im hoping to hear something this month.
Two reasonably decent sizes bought today
Big spread..
Those £125k trades were a rollover, has been happening for months. There must be a large order in the background as the small trades today wouldn't cause such a move in the MMs. Earlier you could buy for circa 1p now I'm getting quote 1.29p on quite a small qty. Could just be MM's trying to tempt some volume.
Interesting, just after those two £125,000 trades yesterday....
May just be a bit of MM fun but suddenly flipped!
Roger
Alot of us are annoyed at RY cause he should have had communication with the bank, but if he wanted to shaft us he didnt have to goto svidlov to renegotiate for 2nd time. He could have just strung us along.
Putin signed the decree, that was the major hurdle in my view. The nickel in ground is worth $37bn. So Svidlov will not want to walk away..