The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Getting the same message - account suspended...???
Low ball offer is what will happen to amc...been saying this for some time now. The question is not if and when but how much??? Every sp attempt to rise is and was immediately knocked down with some bull**** for a few years now. My report to Far East Development Fund and Russian Far East Ministry is almost ready, just waiting for the next few rns from amc to make a final decision....
British_Mike, I see no problem with russians agreeing the extension, Prime Minister Mishustin recently on a news told the government to work with all businesses who are struggling due to covid, no problem with extension.
I believe the so called “other shareholders” voted AH out, I don’t think it was a simple fall out, it is something bigger or it is simple a way to show Adam his place and he will be back on board soon. We need not to forget that “other shareholders” are the ones behind such decision, I know I shouldn’t say, but the director gone recently was a few years ago involved, with his wife lol:) in corruption scandal in Ukraine, there was investigation and ukrainians were blaming his wife having very close contacts in Kremlin etc...but this is now not relevant as he is gone now.
A plan, maybe, most likely, would have been, will be in a future, bfs etc etc...we heard enough crap from you for long enough, everyone is very well aware now who you and your second you hugez are and your intentions!
I will once again repeat myself - we DON’T NEED to waist millions on bfs because we will have TEO - just do a proper deal with large Russian company and FEDF and that’s it, no need to wait for 3 years because in 3 years time the sp, if continue like this, will be 0.01p.
Don’t bother with crazy reply!!!
Robin needs to find a big Russian partner, enough of his “games” with everyone who promises him a fortune, Chinese partners gone, adam may be gone too, time now to get yourself in order and strike a deal with Russians!
“ AH was efficiently and successfully progressing AMC to the next level” - can you please let us know based on what outcomes, apart from AH own words, you come to this conclusion? Ok, let’s forget his wife selling shares, but its not irrelevant, but ok forget it, what did AH do for amc??? Immediate return investment will be, if and only if not more diluted, benefit for amc in 3 years time....3 years is not immediate return isn’t it? Non bidding off take, well I could have found someone too if amc would have paid me over 4 million for “immediate return”...
Yes British_Mike fully agree with you. Amc ( Adam Habib ) did months of diligence and how come he did knew that dilution was on cards just weeks after amc invested millions, I think AH may have had personal interest in this deal hence I will not be sad seeing him go
How do I know??? Read last few rns and you will also know, also it is experience of many years with amc. The bod did not just simply pushed him out, no chance they would risk bidding off take just to push him out. But I agree that we need more clarification
Over the years I have lost confidence in RY but today I do support him! You can not have someone who’s wife selling shares ( doesn’t matter how many ) days before rns and she did it twice, and I have no doubts it was something more than just a simple sale to buy a new handbag...we will never find out what it was but yes Adam lost trust and should go, also he involved amc in to NRR deal where amc got diluted within weeks...so yes - Bravo Mr Young. But I would like to hear at least something what Mr Bowens is doing please?
Would be nice to have an update from Robbing because amc got agreement with FEDF too...:
Construction of a new mining and processing plant in Buryatia received government support
12 hours ago
The project for the creation of a GOK for the development of reserves at the Ozernoye deposit (Buryatia) will receive financial assistance from the Far East and Arctic Development Fund (hereinafter - FRDV). This decision was made at a discussion held with the participation of representatives of federal departments, as well as heads of the Far Eastern regions.
The creation of the plant, designed to produce about 600 thousand tons of zinc and 80 thousand tons of lead concentrates, turned out to be among the priority projects along with other measures implemented in the Primorsky Territory, Kamchatka and Buryatia. At the moment, it is planned that by the end of 2021 the main stages of construction will be completed, and three years later, the Ozerny mining and processing plant is expected to reach its design capacity.
The total investment in this project is about one hundred billion rubles. At the same time, FRDV will invest 9 billion rubles in the creation of the mining and processing complex.
https://www.google.co.uk/amp/s/www.vnedra.ru/novosti/stroitelstvo-novogo-goka-v-buryatii-poluchilo-pravitelstvennuyu-podderzhku-12539/amp/
Not trying to teach anyone but you can’t trust likes or dislikes especially on these boards because some of them low life beings got multiply accounts and voting their own posts...
I know he is an expert, hope he is well and ok.
Updated yesterday, can’t see much change but may be wrong. Anyone got any thoughts?
Thank you All for replies:)
Looks like most lth’s sold out, can’t blame them and good luck. Not selling a single my share, end game is a key here
Sorry new to vast - how much are they negotiating with the bank please?
Thank you
Just got back from work...ffs anyone got a link please to watch presentation will save me going thru all messages. Thanks
Yes Max true interesting what they got now ahead but not telling us...
Old article but now getting more and more relevant because amc very close to TEO and russians just need amc TEO:
Amur Minerals shares rally amid news of government support for Kun Manye infrastructure development
Amur Minerals shares are growing in price amid news of the signing of an agreement of intent with the Fund for the Development of the Far East and the Baikal Region (FRDV), which the company announced on Friday.
At 12:00 Moscow time, Amur Minerals securities on the London Stock Exchange traded 28.3% higher than their closing price of the previous session at £ 0.085 ($ 0.12) per share.
Within the framework of this agreement, the FRDV will consider the possibility of its participation in financing the Kun-Manye mine, the construction of an enrichment plant and metal-smelting facilities, as well as the arrangement of the adjacent infrastructure.
Amur Minerals is a UK-registered mining company specializing in the extraction of non-ferrous metals in the Russian Far East. The main asset of the company is the Kun-Manye deposit, the reserves of which are estimated at 830 thousand tons in nickel equivalent. The company is listed on the London Stock Exchange. The market capitalization of the company is $ 58.54 million.
FRDV was created on the initiative of the President of the Russian Federation and the Prime Minister of the Russian Federation. It invests in the creation of new enterprises and infrastructure facilities that have a significant socio-economic effect.