Member Info for Crazytowner

Very interesting clarification on the director positions and checking.

In my opinion this was to protect themselves as there is price sensitive information, but Tom has not been made aware of it yet

Fully agree TDT.

The PFS gave a $1bn NPV at $8lb.

I suspect adding in the 2018 results could take it to $2bn if they were to increase production.

Knowing everything we do about Nickel and all of the articles coming out $8lb appears conservative so let's use say $9.5lb and throw in a shared smelter with IG

What would that make our NPV.... $4bn... $5bn!!!!!
(not crunched the numbers)

Extremely exciting times to be a holder here

The whole point of an NDA is that nobody outside of the parties involved know.

My point is very simple, anybody who AMC is talking too at the moment who at some stage may become involved with the project would be required to sign an NDA.

One of the key reasons is to prevent trading with insider information.

Multiple NDAs in place at the moment in my opinion.
One would be required for each party they talk too.

Absolutely CF73,

Evening MD,

I totally agree, I don't like the total silence and actually believed when we were told earlier in the year that us shareholders would be kept better informed of strategy and goings on.

The question that I asked myself is "are AMC likely to be speaking to parties since the release of the PFS at a more serious level", the answer I believe is yes, and such discussions would require NDA's. So I think it is probably safest for them to be totally silent at this time.

So I don't think we have been misled, I think we are starting to see a planned sale strategy with the likes of Tom's appointment.

The biggest undeveloped nickel sulphide mine in the world, further growth potential, with a NPV in the billions, this is the time for them to be careful and diligent in my opinion

So we've not had the 2018 drill results yet and they are now very very late.

Instead of complaining, have a thought as to why.

I believe RY commented something about them being our early Christmas present last year.

My belief is that the results have changed the mine plan and possibly output volumes. A $2 billion NPV?

Obviously all in my opinion

AMC shortlisted

https//awards.mining-journal.com/static/awards-categories#MConsultant

The perfect storm ??

I think it opens up lots of opportunities, not least, Freeport McMoran possibly coming to the table.
We saw with Kinross gold last week that western companies are performing takeovers in Russia and that Nickel and the EV market is going to be huge.
Exciting times ahead

It will be very interesting who's ear he has especially with the possible smelter tie up RNS'd previously.

Or he's the person who is going to stay on after a sale?

A good step in the sale / takeover strategy in my opinion

From recollection, our man Lou was involved with Kinross previously.

I have not seen this on the boards yet, very pertinent to as it shows that Western companies are still willing to invest in large Russian mining projects...... and right next door to us :)

http://s2.q4cdn.com/496390694/files/doc_presentations/2019/0731-Kinross-Chulbatkan-acquisition-presentation.pdf

JB, have you considered how material the 2018 results may be to the NPV and mine model?

It may not be simply a case of adding a few years on at the end

I suspect it will be a good figure, over a billion as many of us predict.
The important point for me is that it is externally audited.

Who knows if it will rerate just on the PFS, but any indication of a JV / takeover and this will fly.

Agreed. This is worthy of its own RNS and is extremely positive.
So why release on a Friday not a Monday.

In my opinion Monday has been left free for the PFS

Been back for about 18 months now NLTS. Been too busy to get to previous presentations with work and a toddler, am not going to miss this one though

Fully agree Cossy. I expect the PFS to firmly put the for sale sign up and with no exploration / drilling this year management should be focused.

Will be going to the presentation, will be good to meet some more people who have been posting here

I believe that the PFS will be out ahead of the presentation and with enough time to allow people to digest the information and book a space. Therefore PFS next week in my opinion.

I'm also hopeful that something else will accompany and begins the rerate.