The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
So, we want it wound up and our money distributed.
After drilling down into the company website - they don't make it easy - I found the agenda for the AGM on 30th November.
As they no longer have my confidence, they will not get my votes.
AMUR MINERALS CORPORATION
(Incorporated and registered in the British Virgin Islands with registered number 1010359)
NOTICE OF ANNUAL GENERAL MEETING
Notice is hereby given that the Annual General Meeting (“AGM”) of Amur Minerals Corporation (the "Company") will be held at the office of Fieldfisher LLP, Riverbank House, 2 Swan Lane, London, EC4R 3TT, UK at 10:00 a.m. (GMT) on 30 November 2023 to consider and, if thought fit, pass the following resolutions of which resolutions 1 to 4 will be proposed as ordinary resolutions and resolution 5 will be proposed as a special resolution.
ORDINARY RESOLUTIONS
1. TO receive, consider and adopt the Directors’ Report, the Financial Statements and the Report of the Independent Auditors thereon for the year ended 31 December 2022.
2. TO appoint Kiteserve Ltd as auditors of the Company to hold office from the conclusion of this meeting until the conclusion of the next general meeting at which accounts are laid before the Company and to authorise the Directors to fix the remuneration of the auditors of the Company.
3. TO reappoint Thomas Bowens as a Director of the Company.
4. THAT the Directors be and are hereby generally and unconditionally authorised to exercise all or any of the powers of the Company to allot shares in the Company and to grant rights to subscribe for or convert any security into shares in the Company ("Relevant Securities") up to an amount of 200,000,000 Ordinary Shares provided that this authority shall expire (unless previously renewed, varied or revoked by the Company in a meeting of Shareholders) at the conclusion of the Annual General Meeting of the Company to be held in 2024 save that the Company may before such expiry make an offer or agreement which would or might require Relevant Securities to be allotted after such expiry and the Directors may allot Relevant Securities pursuant to any such offer or agreement not withstanding such expiry.
SPECIAL RESOLUTION
5. THAT the Directors be and they are pursuant to Article 14.4 (a) of the Company’s articles of association hereby empowered to allot up to 200,000,000 Ordinary Shares for cash pursuant to the authority conferred by Resolution 5 as if the pre-emption rights in Article 14.3 (a) of the Company's articles of association did not apply to any such allotment provided that the power hereby granted shall expire at the conclusion of the AGM of the Company to be held in 2024, save that the Company may before such expiry make an offer or agreement which would or might require equity securities to be allotted after such expiry, but otherwise in accordance with the foregoing provisions of this power in which case the Directors may allot equity securities in pursuance of such offer or agreement as if the power conferred hereby
I will be there, as usual. I was there on my lonesome for the last meeting :-) Hope to see a few others there this time, but I'm sure most of the gang have given up and moved on.
I have the exact same thought Geng
MD
May well take a box of eggs with me - either way will be good to give them a roasting!
Having said that they must all be aware that getting dumped is on the cards, so don't be surprised if they miraculously find an RTO target in the next week or so!
My hope is that he is treated with the contempt that he has served up to share holders over the years.I also sincerely hope that there is some sort of end to this saga.
MD
I have booked my train ticket and more than likely will be attending again.
Notice of AGM is there:-
https://amurminerals.com/notice-of-annual-general-meeting-2023/
Not the resolutions - what did you expect AMC to do something they said they would??
This confirms they are all still up for re-election despite being suspended - good chance to give them a kicking!
Cannot find anything on their website re.resolutions or notice of AGM
Rns annual meeting nov 30 londnn
And oxford bio (pse tests 95% accurate after psa tests 50% accurate) trading between 32 and 35, expected to rise near and far term. Nice and volotile.
After deciding to invest in amur on the basis of their supergeologist from obtaining liscences right to the endgame of bust, takeover, or production, your way of trading rather than holding seems better. Understanding gaps and trading on them seems essential, can you give example of a gap and trading on the back of it, or somewhere I can google to learn easily please..... Thankyou. (exception ggp, ill stay with this)
Ill leave qed, i think you need good chart knowledge for this one.
Yep was in GGP when they were below 1p sadly didn't make the most of the big spike, sold far too early.
BTW there is still a GAP at 1.145p from 2018 on the GGP chart - looks likely that may now get filled.
Geng ill look qed... have u followed ggp
I know u absolutely right with forecast on nickle 6 mths ago.. I'm fully out now the last lot sold 8.05 and bought at 5. Are u a fan of uranium ? (etf)
Safest end game will be monies into a high div blue chip miner focus on copper.
Will our supergeologist shortly inform of a superinvestment deal ?????????????????????????????????????????????
Gaz,
If that 88M is in the hands of anyone anti RY then he's toast as they only get around 20-30M votes in total normally!
They don't have to notify holdings as they are a BVI co and its my understanding they still have to hold an AGM - so a chance to give RY a hard time and maybe even watch him get dumped!
Gwm121,
I only trade AIM never 'invest', AIM is just a lifestyle financier for their boards. Good to trade because of the volatility caused by the constant fund raises, but very view become good investments.
I'd be cautious of CEO's with big holdings as they can become 'blinkered' because of it. One of my few loses in recent years was WRES and the CEO had a large holding. I had made some very good trades but the rug was pulled from under them/me by debt and the energy crisis and I got caught holding.
As far as Nickel goes, I'd say the chart looks like it still has further to fall.
If you want a bit of an AIM punt have a look at QED, I've been trading this almost as long as AMC and looks like it's on the way to closing a GAP at 1.7p and may go further.
With my trust in the supergeologist I did think there would be an announcement of a deal a little way into the 6 months. However silence as so many times before.
Has RY behaved properly, in the shareholders interests? Other companies as woodford, eros are being pusued by no fee no win companies.
Geng, you predicted nickel would drop till end 2023, I found that hard to believe at the time, you were spot on, its 8
now falling every week.
My nickel etf still did very well, most of it sold now and moved to uranioum. Ideally wanted half in a copper share play that gives divi.
Any aim share I buy in future.. and there wont be many, I want a ceo with many shares in his own company to alighn interest with shareholders.
Totally agree Geng,criminal is the only word to describe it.Last years AGM was posted on 10thNov for the meeting on 5thDec. I wonder when this years will take place,or does it have to as we’re suspended,does anyone have the knowledge of that.My reason for keeping some shares was to tell Mr Young what a slimey git I think he is,but due to caring commitments I won’t be able to get back to the UK.I just hope that there is a meeting and some others will be equally disgusted with his contempt for sh’s and give him some awkward moment to dent his Christmas shopping trip to London.Though I suppose there is always the possibility that it will be held in a more obscure location.Nothing would be a surprise at this stage I’m sure
MD
Bet they come up with a hair brained deal just before 7th March to keep the trough available to themselves!
In my mind its criminal what they have done, apart from a few of us traders the person that has done best out of AMC is RY.
All the way through all his false promises and missed deadlines he's been feeding at the AMC trough and still is!
The silence of suspension is pretty much the same as the silence when they were supposed to be active
MD
And we have a plank, collecting 865 bucks per day for sitting by the pool.That seems to be his preferred option.
MD
Gwm121 we can only live in hope that they do but going on their past record of not answering messages sent to the CEO via the AMC website and leaving the announcement of the special dividend to the last moment and not providing shareholders with advice re the tax treatment of the special dividend I am not holding my breath.
AGE
---------------------------------------------------------------------------------------------------------------------------------------------------------------
So hope amc board surprise us with transparency honesty communication ability to make deal.
8.45 soz
Age th very much I had lost that post THANK U
Geng.. I cant believe. a while ago you predicted nickle would fall, as a battery metal must admit i thought .., REALLY !! well its 7.45 today 20 to 30pc down, falling daily for a while. (Though the xtal ball professional's seem to think it will rise 2024) Professionals now forecasting uranium to rise.
So hope amc board surprise us with transparency honesty communication ability to make deal.
I must say the Board of AMC have been as useful as a chocolate tea pot in providing assistance to shareholders in deciding if the special dividend is a return of capital or not!
You will not be getting my vote to approve any RTO!
AGE
Just noticed there was some spelling mistakes in my last post eg there instead of their
AGE