Member Info for Crazytowner

This hasn't been bought by a fund or JV as would need to be named.
The only answer that works is that this fund manager purchased on the back of multiple PIs, none of which acquired over 3%

Those who have been here for a while will remember the spikes that allowed lanstead and crede to exit... Now we have Riverfort

I don't see this climbing too high without news.
There has been hundreds of millions of shares issued at this level which can be sold profitably and that's excluding the 70m discounted shares bought anonymously.

I believe there are many LTHs sat with similar size unrealised losses as you sasa, who have put sizeable sums in during the Lanstead, Crede and Riverfort times.

I have been guilty here before of finding the positive in AMC's actions, but have always been let down when the reality kicks in. My trust in the ever growing board was severely shaken over the massive delay in the PFS and their communications (lack of).

I had been planning a sizeable top up later this month, but this recent mates rates gift and secrecy for such a large chunk of a massively undervalued business is just too much.

RY has said a few times, right product, right place, right time..... This recent transaction seems to say the exact opposite.

I just read that independance group have launched a $216m bid for panoramic resources (who appear to have a substantially smaller resource than AMC), so there is money out there, just seems that our Board don't have access to it

Perhaps this is where all of us long term holders are getting it wrong.

Instead of buying on the open market we should be sending cheques directly to AMC and obtaining the special discount.

My posts are angry, not panicked.

You post that 10% to Norilsk would be a good thing .... You have obviously not thought that statement through with respect to voting rights and the hundreds of millions of shares issued at sub 8p whose holders might happily take a 20p buy out.

To not disclose the buyer/s is moraly wrong in my opinion, regardless as to whether there is a loophole that AMC can use to avoid it

I don't believe that there will be another RNS telling us who the anonymous purchaser is. We've had all they are going to say.

Yeah.... AMC just sold 10% to Norilsk for 1m.... Time to bend over.
Or to AMC board member.... Would have to be notified

AmurTigers..... We have absolutely no idea who has just been let in..... For all we know it could be directors of crede.

The fact that it has not been disclosed does not fill me with confidence as to how they share price may be manipulated over the coming months

I forgot to include....

No interviews for ages

Shareholder / media event not occurring

Negligible buys by RY

It feels and has done for ages that AMC are always 2 steps behind getting news out in order to mitigate dilution and now we don't even know who they are selling huge chunks too

It is absolutely stinks that somehow circa 10% of the company has been sold anonymously, especially as it has been sold below market price.

I am absolutely fed up of others benefiting whilst long term holders have fractions of the information.

Crede.... An awful deal where delays in updating the shareholder register concealed the selling that was occurring.

Riverfort.... A substantial delay in the PFS was frustrating although their selling was not aggressive

Tom Bowens.... The share price would have rocketed if he'd have bought from the open market.

This latest deal..... No idea who it is, what their motives are, why they deserve anonimity or the reduced price.

Let's not also forget that everybody else seems to know what's occurring a week before us.

Where are these strategic parties?
Where is an updated PFS with 2018 figures?

I guess they'll be released once AMC drops the price further and gives them a penny entrance.

It at least puts some context behind last week's huge volume day and rapidly climbing share orice

That gave me a surprise chuckle TDT

And where is an updated PFS with 2018 drilling results in.... We all know that this will substantially increase the NPV.

Just feels that PIs are always the last to know here, if at all

Will be hard for any rise with Riverfort recently converting 16m shares, of course, they weren't aware this was going to occur.
Not happy in the slightest

Circa 10% for 1.2m, ffs
How can they not say who it is?

Robin and Tom did not enter into that LOI on a whim, they are both extremely experienced in their fields and in Russia.

So parts of that RNS appear to becoming true, I. E. FEDF assistance, mining complex.

We now have Tom on board,

The recent RNS portrays business as usual, but it most definitely is not

If people haven't refreshed themselves...

The Far East Development Fund just funded a smelter and Tom Bowens is on our Board.

https://amurminerals.com/content/wp-content/uploads/RNS-LOI-IG-Copper.pdf&ved=2ahUKEwiYl5Gno9rkAhVGTxUIHV7oBvYQFjAFegQICBAC&usg=AOvVaw0PuERD37oAlB5ahxUeYIF3

The when is now, hence the Russian Government have funded a mining complex.

Interestingly, RY was talking about the Far East Development Fund / Government funding a smelter a few years ago, which just so happened to coincide with the LOI to explore a joint smelter.

Absolutely agree CBS, these things will have been thought about / discussed for years and Tom is pivotal to it in my opinion.

Of course the Russians want a smelter there, it is all part of the development plan. The potential for these first movers is absolutely huge

I tend to agree CBS, the problem is that it will encourage a crazy amount of speculation in the market as an NDA could be in place for a multitude of reasons and activities.
I. E. Working with a major miner, a road builder, funding of 500k, funding of 1bn.
Whilst I'd love to know more, AMC have always tried not to say anything until signed, sadly that leaves us with little idea with what the strategy is and what they are doing to get there