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Hey Geng Sasa tdt I trust u are all well, longer days and summer to look forward to.
wanna hear your thoughts on..
Nickle tock trending lower every day for a while
Nickle 4p to 11p and swings much bigger now trending up..... what might the spike price be
Amc, sure weve been diluted to hell, however metals in the ground are worth more than 44p days, metal prices increased, more than just nickle stream (copper) possible, teo done and submitted ... share price has been 44p .. and up to a week ago amc was a go bust £0 or £1 possibility
Many new names here now with very little knowledge of the possibilities or past, Oh Sasa, time for one of your beautifully written positive summaries
My take, silly opening offfer will result in price sitting above this in anticiapation o higher bid and other entrants, followed by a dramatic rise through levels undreamed of with amc as shares allways overshoot and undershoot.
The worrying thing for me is the total absence of enthusiasm interviews rns from the board.. up till now maybe they didnt want opportunistic bid at low nickle price before infrastructure grant nickle price teo, maybe now their hands are tied due ongoing discussions.
Ahh I can't wait. We are worth wayyyyyy more than 7p lol. Yet again this is an opening statement and a getting ready for a bidding war with in my opinion much more info to come. The company has been quiet, let's now hear why.
gwm121
In all fairness to AMC they did attend regularly mining conferences in the past (some will argue it was just a jolly for the directors, maybe so, but in many countries deals during copious amounts of lavish food and drinks are made, not sure about Russia but still true in China , if enough drink is flowing, you end up with a new brother!!!)
They hired Medea (2017) to undertake an analysis of global debt markets and potential strategic partners, admittedly, as per AMC, we didn’t hear anything resulting from it, but they did go through the motions.
Maybe they have a list of potential suitors already and no need to shout about it, maybe it isn’t the time, their main focus is on the TEO/ Mine plan/BFS…….. and rightly so at a minimum the TEO should be signed off and released if the numbers stack up to the promise we have had then this will put us in a better-negotiating position.
Maybe I am the only fool here, but I don’t believe RY and the AMC board are a collective of evil people who are planning to screw shareholders!! Are they human and worry about their own skin first and foremost yes, probably, but an offer of 100m for XX amount t of years of work is not a legacy that RY will want to have?
The flip side is:
The TEO is a disaster, there is nothing in the ground, the 100m is the best they will get……. RY sign on the dotted line asap!!!
ShadowLess
"Maybe I am the only fool here, but I don’t believe RY and the AMC board are a collective of evil people who are planning to screw shareholders!!"
Agreed.
TDT
I think you’d struggle to convince some LTHs that this BOD has always had OUR best interest at heart :) Anyway, we are where we are. Waited this long, if we have to wait longer for better offers so be it. Sold at 7p is a failure imo.
Tdt
Are you agreeing that I am a fool!! Many would agree!!
I think I remember it said along time ago that RY once said that there would be the period we have went through, were everything went quiet and after this is when things will ramp up.
Can't remember who said it, it was when they spoke to RY at one of the AGMs but it seems we are at that time now
".......I don’t believe RY and the AMC board are a collective of evil people who are planning to screw shareholders!!"
TDT
Yes Lucando that was said.
Really, what's RY done for AMC shareholders!
Conditioned for low ball offer, by whom?
The BOD are accountable for their silence, missed deadlines, and now we find ourselves at the mercy of a 7p offer!!
$30b asset, being offered £100m....you can't make it up!!!
Hello Blackrhino1
You may be right, and I totally understand the grievances of LTHs and some of the criticism put forward is more than justified.
It may seem I am an RY nut hugger, maybe it is his Father Christmas characteristics, but I acknowledge that he and the team can do better.
As you say, we are where we are, with the way events are moving, maybe AMC will regain the trust of shareholders?
Hello fission
I am not going to go through all the deliverables they have delivered, and to be honest, and things they haven't delivered, but what I do know is that they have got us here today to this point, whether that is good or bad is all relative.
As Blackrhino1 has said, we are where we are, maybe RY and the team will come up trumps, I hope so as 100m will not do.
Understood but still let's see what's happening! SP perking up! Could drive past 4p by close!
To date, RY and BOD have not covered themselves in glory, hence the doubts!
Kammy
It’s been a few years since I looked in with AMC I needed to switch off seeing the SP so today looking in it’s nice to se movement, more importantly hope everybody is well, I feel I’m well out of date but It be nice to get up to speed , so in classic fashion (swag bags emoji) GL ALL
And a bit of,
BOOOOOOOOOOOOOOOOOOOOOM TIME!
Yes! Hey Steve!
Hello ShadowLess.
If RY restores my faith in this BOD through their actions I will be a very happy man. This has been a long journey and many of us have been to numerous presentations, spoken to RY on many occasions and come away thinking ‘surely this will be worth holding out for the pay-off’. I’ve enjoyed meeting some of the contributors here, including Geng and CBS, I hope for all our sakes we get a realistic price.
GLA
Who Steve,hope all is good with you!!!
MD
HI MD everything is good hope you good as well ;-)
welcome back UK Steve good to you bud :)
Greetings UK Steve - great to hear from you!
Echo the 'old gang's 'welcome back', Steve - sasa.
Hi Sasa hope all well, left post for you at beginning of this thread.
(SOOOO glad this thread heading continued with a positive ring to it)
Many new names here now, without much knowledge of what went on before around license and 44p days, you used to post fabulous simple concise positive posts on the bullet points, be supergood if you did another now...
Hi Steve, how is the 4x4. Do you like the Rivian?