Member Info for 1eyedman

'Mr. Olaffson and co are fundamentally successful strategists I would say'. I agree completely with this. In fact he (and co) are the polar opposites of board members of one of my previous AIM investments who were frankly liars and charlatans until the company went bust!. That did increase my innate cynicism (should that even be possible!) but these guys appear to be the 'real deal'. Now I just need to make some more money on the back of their skills and stratagy.............

Very positive news. AMRQ has a great record of meeting its own benchmarks. I'm thinking there will be a bit of ongoing tweaking to the new plant, processes are never fully optimised and there is always ongoing work to squeeze a bit more out. This is implicit in the 90-95% range indicated, 5% of a lot of gold means its worth working toward the top end. The confirmation of previous guidance is also excellent news, with progress so far I wouldn't be amazed to see it beaten. Not much to be done about the gold price. Its definitely depressing the SP but I don't think its the whole story. Production being loaded towards Q4 could end up working in our favour I with a bit of luck!.

I do think its a good prospect all things considered. But if I get the chance to buy in a bit cheaper I'll take it. Interestingly if there is a delay in getting the floatation circuit working optimally I won't be that disturbed to be honest. Although it doesn't transfer to mining I have helped commission several processes in the chemical industry (back when I actually worked!). It took a lot of tweaking, analysis more tweaking more analysis and sometimes a lot of time to get to where you expect/hope to. I probably wouldn't know a flotation circuit if it was standing in front of me but I'm thinking there must be some engineering similarities.

Sometimes with this sort of stuff the SP seems to be suffering death by a thousand cuts. Obviously there is always the option to sell part of your holding. That way you still have some if there is a turnaround but if the price drops further you can buy back in later. Kind of my thinking at the moment but perhaps I don't have quite the right mindset. I have belief but perhaps not the required patience.

Never noticed your bias CP!. I'd be a little happier if we got the MR5 update. At least once we have it I don't have to keep cynically wondering if someone doesn't like the look of what's in it. There's such high hopes here its easy to be disappointed at 'just OK' news.

Thank you CP, you don’t miss much!. You probably always know who’s round it is as well .

Was planned for Q1 ‘26 I believe. So yes getting quite late. Very hard to second guess what that might denote but I feel it’s late enough for AMRQ to give an updated timeline. Unless they have and I’ve missed it?.

I see this as solid if unspectacular progress. But it doesn’t matter what I think we will see the market response. The cash position looks a little tight with everything that’s going on, not withstanding the new credit line.

The recent fall is on the back of pretty thin trading volumes. So in my opinion this reflects a lack of enthusiasm to buy which would mop up the sales which some will chose to make to lock in a bit of profit. There's nothing wrong with that in my opinion. I can't get too despondent yet. I'm awaiting news which will have a significant effect on volumes which I hope to be buys but who knows?. I'm not a total fan boy but so far the management has performed very well in meeting deadlines and expectations, unlike several of my previous AIM punts. Looking forward to not having to mention AIM again after the relisting!.

“ Your continuing view of Amrq, as a punt, as things have progressed, is no longer mine.”

Fair play CP. Still a punt to me but I respect your view.

But I do agree it’s starting to look a bit more real. I have to regard this sort of share as a punt myself as I only put money in that might disappear. As some of my AIM prospects have. Still my belief is such that I have quite a bit more play money in this one than any others before.

Agree with all your points CP.

I do hope 2026 proves to be the important year in terms of SP progress that we all hope for and expect. I don't want to be reminded of an Iron ore exploration company I invested in over a 15 years ago. I'm long since out but I occasionally check the share price and chat board. Still a highly diluted and measly market cap and still the same names on the board living in hope!.

Lets see what end of year 2026 AMRQ SP is. I'm quite hopeful and have a value that I hope is a reasonable expectation in mind but .....................................

I guess many of us feel that AMRQ is a bit undervalued taking in to account the concrete progress on gold production and the many opportunities in the future. Nanoq could be an excellent resource the way things are shaping up. On the other hand if I look at my numbers for how I am doing with my holding I'm looking at something around the 40% up as things stand. I'm guessing many LTH are doing even better. If this was happening to any of my 'proper' shares (as opposed to a punt) I'd be pretty pleased to say the least. So its a measure of my expectations that I'm still a bit disappointed that I'm not doing even better in view of the positive news flow and company progress to date. Plenty of time yet!.

At my age 6 months goes in the blink of an eye!. I really like the story here, very happy to hold unless something unpleasant comes to light. Would even consider adding to be honest if sp fell below my average. Cheers!.

They are pretty solid results although the headline statement does flatter some of the detailed drill results. Obviously this all needs translating into what hopefully will translate into a considerably improved MRE when the numbers are crunched. Should that be the case lets hope for a better response from the share price as todays RNS seems to be rather underwhelming the market. can't help wondering if we might see some of those late hefty sells (that were a pattern for weeks) as someone sells into the higher volumes. Time will tell!.

I’m clearly not quite as diligent as you CP and missed the reference to possible dividends as you described. That would (should it come to pass) be another game changer. All share holders like the reward of an income stream for the risk of share holding. Plus it’s like being invested in a ‘real’ company. Time will tell….::

The poster is obviously entitled to their own view. However they don't really provide any context or rational for their rather sweeping statement. Personally I saw that RNS as some of the best news so far. To me it means that banks are now prepared to lend to AMRQ with a significantly reduced risk premium due to the expected reliable income stream as opposed to pie in the sky possibilities. Once the plant gets really rolling AMRQ should be able to get to the higher end of the EBITDA range in the RNS. In my view that is!

Its a bit more 'jam tomorrow' which is OK with me as long as it turns up. In the shorter term it would be nice to hear that the next stage of plant engineering is complete so AMRQ can continue to take advantage of the favorable gold price by actually selling some (more) product.

I have quite a lot of belief here personally and happy to remain invested unless things don't go that way they appear to be shaping up based on the available information. Which isn't always all the information there is to have unfortunately.

Unfortunately there still seems to be a seller who is taking the opportunity (as you would!) to shift a good few. Be good if they finally clear as its slightly taking the wind out of my sails and more importantly the SP.

The 5k updated guidance is probably the most disappointing announcement (vs the 5-20k given earlier), and I guess was bound to be badly received. However 5koz gold is still worth a few quid and being grateful for small mercies didn't slip below the 5k. The share price would probably get a (further) pasting if its less than the 5k at year end though- credibility and meeting expectations is important. The strategy of bringing the plant engineering forwards makes a lot of sense if it doesn't drag on and should help with the longer term success. This is definitely looking like next years story if it all goes well although there does seem a little bit of a smokescreen around actual gold grades being processed. I can see why short term speculators might move on and that's their call only time will tell who's got it right.

Perhaps on 14th the rather wide 5-20koz range will be refined (no pun intended!)?. If its towards the higher end that would be very encouraging.

It’s probably fair to call me a hold, I am definitely not a trader. That said I did sell out of AMRQ once probably because I was amazed at actually making some money on AIM. Unusually I still liked the story so much I bought back in. I will probably buy a few more with some dividends sitting in my shares ISA.

Iowzer-I don’t post often either partly because boards can get a little unpleasant if a share starts to tank. This one’s seems very civilised though, reminds me of the good old days (whenever/whatever they were!) Good luck!.