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If AMC is bought out, then you get new management anyway.
If RY pulls off a good Sale price, then he becomes a hero !!!
POLY up +140% in last 5 days
EUA up +60% over last 2 days
AMC ??? sleeping !!!!!
The BOD is the weakest link here..period.
Resource is massive, potential is massive, but these two elements won't give us a return, its the job of the BOD to take into production, or sell the entire resource/company, seems like neither is urgent to the BOD.
Remember, AMC have money in the bank, enough for the BOD to draw their handsome salaries, they're not aligned to the shareholders, hence no urgency.
Kammy
Forever is a very long time. I have been here since 2015 and, like many others, this has been a bottom drawer investment which may yet see signs of life. We all know the SP history. We all know the company potential. We all know the shortcomings of the BOD. That said, I remain hopeful of a positive outcome and I remain long and adding and I have not sold.
GLA
I think you may have a bit of a wait Ibiza. Like for ever?
More volatility on the way by the looks of things.
"On March 14, Tsingshan said it had reached an agreement with banks to hold on to the company's nickel positions, signalling the billionaire was digging in his heels to ride out the crisis."
https://www.wionews.com/world/how-ukraine-war-left-chinas-nickel-king-on-hook-for-billions-465895
Nothing good will come from this in the long run.
TDT
Hi Roger, not given up on the sale. With nickel prices as they are, I’m expecting a higher opening offer.
GLA
For now - Yes!
I was told by a poster “To be fair I have no real purpose actually being on this board,soI will leave you all in peace.”
If only
MD
Chasing the huge rises at POLY & POG
Any idea what just happened gone from 2% down to 10% up any news been released?
What are people expecting to happen with AMC now? Has everyone given up on the possibility of a sale?
https://asia.nikkei.com/Business/Automobiles/Tesla-BYD-raise-electric-car-prices-on-nickel-turmoil
TOKYO/GUANGZHOU -- Russia's invasion of Ukraine has driven up the prices of battery materials, such as nickel and lithium, forcing Tesla and other electric vehicle makers to raise prices.
"Tesla & SpaceX are seeing significant recent inflation pressure in raw materials & logistics," Tesla CEO Elon Musk tweeted on March 13. The U.S. EV maker raised prices on all models by 4-10% in the U.S. in mid-March, and also lifted prices in other markets, including Japan.
Think i qualify long term sufferer as well since shot up to 16p way back 2004-5'ish. Got sucked in by a Bethany touting 25p for a GBP 1 and presumably rock star entropick and some others on iii. Sad not to see them here but equally pleased to see big wise names like Sasa, TDT, Blackrhino etc on here.
I remember RY used to be on the Russian Mining board those days and i wonder if he still is. That 1st email in those days is the only one he's ever responded to and thereafter not bothered as he never replied (like to the rest of us).
Hoping some day this will give us the returns we expected and relieve us the suffering and being the joke of the family "how's Amur doing these days". Also, hoping return of some of the old stars too just for old times sake to know they are well and in good health.
All the best
I’m just giving the Philby and burgess lovers happy
Noted
Absolutely TDT/ Sasa
The bullet will come from one of his own , not the west , now that is an irony
Hi TDT - that's gotta be true, too, for sure - sasa.
".....will be sweet relief in itself, for me, anyway...."
Not just for you sasa43 but for a very large number of people I suspect.
TDT
If I lost the lot is neither here or there when one considers the plight of all those poor suffering people caused by
one persons whim to try to turn the clock back on history. Totally mind blowing that people around him allow it to happen. :-(
Hi reggie, certainly you'd qualify as a long term holder - a VLTH in fact, as you'd have suffered the continuing angst to go with it, being a 'captive audience' like the rest of us for so long...
To finally move on from this exhausting experience with closure, either way, will be sweet relief in itself, for me, anyway - sasa.
Hi Kammy - Roger that - yep, hope FRAK's okay, too.
If he made an appearance once again, saying a decent offer has been tabled well above the 7p indication, the sp would immediately respond! - sasa.
Hi I have been here for 10+ years do I qualify as a long time holder or a very long time holder. But being the all time optimist it seemed like a good idea to stick around just to see if it does come good, holding 1.6 mill whether they will be worth anything when I fall off my perch who knows?
I hear u SASA
Not seen FRAK around ..hope he is OK