The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I’m not very good on timings with amc...:)) based on all my previous research amc should already finish building the road...but if no delays in TEO then I see no reason why russians ( I say russians because I do believe it will be either 50/50 or 100% russian government support ) can not start preparations for road construction this year and start building next year, with Chinese now working everywhere in Far East I recon they can build a road in one year, but its only my thoughts.
I am not sure but doubt it because the reserves are classed as state importance and there is a state secret protecting the relating information, this is supported by information on Rosnedra where at this moment nobody able to access the full information and it clearly states - secret. So we will have to get a green light and I think this will happen once TEO is done.
1 - need TEO
2 - Russia attracting trillions of investments in Far East hence all the benefits etc3
3 - not me
There will most likely be russian company involved, not to forget, we’ve signed an agreement with at Far East Development Fund:
Members of the regional government signed an agreement between the Far East Development Fund and Amuragroholding for the construction of soybean and wheat processing plants and the implementation of the project for the development of the Kun-Manye copper-nickel ore deposit
https://www.google.co.uk/amp/s/vostokmedia.com/news/society/04-09-2016/v-sele-ekaterinoslavka-v-stroitelstvo-zavodov-vlozhat-2-9-milliarda%3famp=1
Fully agree with you TDT and also agree about AH, he is gone and I’m sure we will get a JV with other Amur Minerals related to Tom Bowens or other Russian company.
I see now, latest pdf presentation does match this,thanks for the link:) thought I found something interesting but at least we all agree we have billions in a ground with the sp below 2p...
The question is why we were not told about such huge resources ( copper, platinum, palladium )??? Info like this is significant price sensitive info and amc MUST rns this finding, it makes no difference is it 2017,2019 or 2020, these details were not announced, if they would have announced them we wouldn’t be sitting below 2p surely...!!!
Pdf attachment I mentioned says - In English
Kotelnikov A.E., Kolmakova D.A., Kotelnikova E.M. Determination of the copper-nickel ores formation sequence of the Kun-Manye deposit (Amur region) // RUDN Journal of Engineering Researches. - 2020. - ?. 21. - ?1. - C. 48-57. doi: 10.22363/2312-8143-2020-21-1-48-57
http://journals.rudn.ru/engineering-researches/rt/captureCite/24652/0
TDT - no its not 2017 estimates, in 2019 we were told about 137000t copper but now we have over 200000t and same article clearly state following - Kun-Manye // NEDRADV (Nedra Far East). (date accessed: 15.02.2020)
So scientist got the details from Nedra in feb 2020
Hi, I think we shouldn’t have seen this info yet because it may be classed as state secret...I would suggest everyone to save the document because will not be surprised if it will be removed asap...
and we have significant resource increase, copper and platinum alone worth over 1.5 billion add palladium and nickel and we have 7-10 billion usd in a ground
So back in Feb 2019 amc announced following - In the February 2019 PFS, a total of 137,000 tonnes of copper were projected to be contained within the nickel concentrate. At a copper price of $2.50 per pound ($5,510 per tonne), the total value of copper contained in the concentrate would be in the order of US$750 million
And in June 2020 amc announced following - "Gipronickel Institute's metallurgical test work has provided us with the cornerstone information to the TEO study work that is underway” - yes cornerstone information that you DIDN’T bother to tell us...!!!
Now - below is a scientifically based article - 10 pages about Kun Manye, 3 scientist worked on below - dated 2020 so the latest update.
Why even 3 scientist worked on this report and why amc did not tell us that we have 207000 tons of cooper not 137000 - that is almost DOUBLE the amc reported figure also we have 16.7 tons of Platinum!!!!!! and 18 tons Palladium...
Determination of the sequence of formation of copper-nickel ores of the Kun-Manye deposit (Amur Region)
Authors: Kotelnikov A.E. 1, Kolmakova D.A. 1, Kotelnikova E.M. 1
Institutions:
Peoples' Friendship University of Russia
Issue: Vol 21, No 1 (2020)
Pages: 48-57
Section: Geosciences
About the authors
Alexander Evgenievich Kotelnikov
Peoples' Friendship University of Russia
Corresponding author.
Email: kotelnikov-ae@rudn.ru
Russian Federation, 117198, Moscow, st. Miklukho-Maclay, 6
Associate Professor of the Department of Subsoil Use and Oil and Gas Business of the Engineering Academy of the RUDN University, Candidate of Geological and Mineralogical Sciences
Daria Alexandrovna Kolmakova
Peoples' Friendship University of Russia
Email: kotelnikov-ae@rudn.ru
Russian Federation, 117198, Moscow, st. Miklukho-Maclay, 6
Student of the Department of Subsoil Use and Oil and Gas Business of the Engineering Academy of the RUDN University
Elena Mikhailovna Kotelnikova
Peoples' Friendship University of Russia
Email: kotelnikov-ae@rudn.ru
Russian Federation, 117198, Moscow, st. Miklukho-Maclay, 6
Senior Lecturer of the Department of Subsoil Use and Oil and Gas Business of the Engineering Academy of the RUDN University, Candidate of Geological and Mineralogical Sciences
Pdf Page2 - 207 thousand tons of copper, 15.2 thousand tons of cobalt, 16.7 tons of platinum and 18.1 tons of palladium
http://journals.rudn.ru/engineering-researches/article/view/24652/ru_RU
Some ppl got no time for day trading etc hence they invest money not trade, and most day traders lose much more compared to investors...not sure why someone should be proud off being day trader or investor, at the end of the day we all here to make money, some of us honest and friendly, some could sell their soul for a profit
1. Vote the BOD out - fully agree
2. Inform Russian authorities - option open for debate
“ Clearly claims that BOD have tipped Lombard of a discovery are baseless nonsense -
they wouldn’t be selling would they” - they would and will to make you think so...
Not sure if Berty referring to below, but please read it:
In the village of Yekaterinoslavka, 2.9 billion will be invested in the construction of factories
This decision was made at the Eastern Economic Forum
2.9 billion rubles will be invested in the development of two investment projects in the village of Yekaterinoslavka, Amur Region. According to IA "Port-Amur", we are talking about the construction of a plant for processing soybeans, the first stage of which was launched the other day, and a plant for processing wheat. The decision was made at panel discussions at the II Eastern Economic Forum.
“Today we see the interest of large companies in the regions of the Far East and the Amur Region in particular. For several days, members of the government held meetings with the heads of federal agencies, departments and large investment companies, ”said the governor of the region Alexander Kozlov.
Members of the regional government signed an agreement between the Far East Development Fund and Amuragroholding for the construction of soybean and wheat processing plants and the implementation of the project for the development of the Kun-Manye copper-nickel ore deposit
https://www.google.co.uk/amp/s/vostokmedia.com/news/society/04-09-2016/v-sele-ekaterinoslavka-v-stroitelstvo-zavodov-vlozhat-2-9-milliarda%3famp=1
Thank you TDT
Not to offend anyone, just a fact - there are two types of ramp/deramp....usual daily crap all over the stock markets and much more detailed, looking competent and adequate ramp/deramp, this one is a most dangerous one because it can force to buy/sell a hell of a lot ppl because it will look like its coming from someone who knows what he/she says...Golden rule - don’t trust anyone! One simple “error” in a details can have significantly different outcome and being on amc board I have seen such error in a past, everything was looking very detailed, very well presented but painting a negative picture until someone ( honestly can’t remember who ) spotted an “error” in numbers and the picture become positive...an excuse - we all humans and make mistakes...yes but some are paying heavy price for it and some don’t...
Looks like down again, won’t open for me...
DestituteBroker - please follow your own strategy and come back in 2022...have a merry 2020,2021,2022 Christmas:)
Must be they forgot to renew account...or hacker attack....