RE: TONNES OF NICKEL15 Nov 2020 12:53
Production at km might be 4-5 years away...it has taken far too long to get to this stage amd will take far too long before production kicks off in earnest.
Sure, i would be all for keeping a stake in if there was a big % sale and we seen a return via special divi but i just cant see that to be honest, what would be the point of keeping amc there to the buyer. The only way a large investor would want to keep amc there is if they were getting a special type of deal where it was going to save them a load of money or initial outlay.
There's a lot of value in these russian assets and at a 30m mc we could be looking at a good payout instead of sittings on our hands for 5 years....amc have been at it 15 year, time to get real about making a return.