The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
I guess Glencore already have an investment/stake in this business together with the port loading facility and the off take agreement so may not want further exposure? Very keen to find out if in fact Glencore will be our off take partner as well/
TDT i think you are absolutely right as do the BOD of Amur. The money to be generated immediately is enormous and will cover all our day to day costs going forward therefore meaning we will no longer need to raise smaller amounts relatively speaking of course. When the mining is up and running 4/5 million tonnes a year equates i believe to approx 600m$ a year (at $120 per tonne) if my calcs are accurate and we are responsible for 19% of this
let us wait to hear from Adam as i am sure there will be a video to put some meat on this bone? Fingers crossed of course. I still cannot understand how we have managed to buy a resource for $4m approx when the resource once mined is valued at north of $480 million?
Tuck we have to trust Adam, his career history would indicate he knows what he is doing. How complex is the deal we are doing and who is is with? I daresay both will have an impact on the outcome. Fingers crossed of course and yes news of some positive sort would be gratefully rec'd!
did anyone go the the first AMC presentation RY gave at the hotel some 4/5/6 years ago all seems a blur? the point i was going to make was Goldplat also presented that evening their shares are up 300% since didn't see that one!