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Hi Mat, In that case yes, but it will not effect the share price at this point in time. Posters often ask if there is a correlation between a underlying commodity & a company's share price. What's the difference between a stock which is traded in correlation to the underlying commodity & one that is not ? it has to be 'producing' something, so it impacts the bottom line of the accounts. How is this indicated on level 2, 50 lines of price entries in the order book & Algo's actively trading against each other. Is this the case with AMC... no. No because there is no production & the Algo's would be trading against a dilution plan.

Why do you think that the price of nickel will impact AMC at the current time. This indicates a complete misunderstanding of how the stock market operates. No wonder you don't make money.

Up 8.41% due to a massive �238.50 buy. This might help potential buyers to notice the RNS & buy loads of lovely shares.

Institutions wont touch this while it's continually diluting the share price & why would they, the object is to appreciate capital deployed. PI's appear to be doing likewise, after years of continually averaging down. Has the marketing lost it's mojo.

TDT hi, I'm surprised that you haven't figured out who the constituents of the 21.47% 'balance' are. However that still wouldn't necessarily indicate Crede's position. A knowledge of what a share price value represents & how it is calculated, might help to indicate that. The devil be in the detail. A little like AMC's wonderful share placing contracts.

JulianM hi, the definition of an 'investor' & 'financier' is interesting when involving the stock market. If an Algo buys stock & sells it 32 milliseconds later, which is quicker than you can blink. It's classicised as an 'investor'. If you sell your stock to me at a discount & I then sell it into the market for 'you'. Am I a subcontractor, 'investor' or 'financier'. It can be difficult to see the wood for the trees unless someone kindly points it out. There was a time when shareholders benefited from news events. But then the Algo is also a shareholder, if only for 32 milliseconds.

What's the alternative, accumulate IOU's over the year to balance 6m shares per Month. Then convert just prior to the PFS announcement & dump the lot. Traders hoping for a PFS spike are not going to be happy with that, including Noloss.

I'm not 100% convinced that Noloss is correct. He thinks that Riverfort are only converting 25% of the Months payment & the balance is an IOU. I think a PLC's accounts needs to be more accurate than that. The two conversion's plus the initial 9m equals about 12m shares, which would be the correct amount for the first two Months payments. We will see if there is a full conversion of 6m in May.

Tadska hi, nothing has changed. The project is still being funded by issuing shares. It's only the delivery system that is now hidden from prying eyes. I hope everyone makes money trading the PFS spike, in whichever form it takes.

Most here have other day jobs & view shares as investments because that's the way the industry market them. There are no doubt thousands that are trapped in, per usual & have also averaged down many times. Which is indicated in the share price. Some walk away like Ladytrade with �50k losses & little chance of recovering these losses. This is why some are disgruntled & it's fully understandable.

Nosell, thanks for the enlightenment. And humble PI's think that this is all about 'Investing', bless their cotton socks. What is it said about mushrooms keep them in the dark &.....

Noloss ok, so if I understand you correctly. AMC makes it's Monthly repayments. Any applicable shortfall can be converted by Riverfort at any time into shares. So unlike warrants where shareholders know exactly what is outstanding. Any payment shortfalls if applicable, are not known until they are converted. AMC may not be making any payments at all & Riverfort could be accumulating the rights to shares. The number of which no one knows until they are converted. If this is correct then this is even less opake than most of us realise. How clever, even TDT's historical register is not going to highlight this. It will be interesting to read others opinions on this !

Noloss hi, Would you agree that $4m has been advanced which incurs additional fees & interest. The total of which needs to be repaid by March 2019. Or is the money a non repayable loan or possibly a gift ? If you know better, please explain.

Assuming this continues for the full 12 Months of the contract. �71,178.9238 x 12 = �854,147.04. 26% of the advanced money will be issued as warrants, plus the initial 9,290,323 at 9.3p ex price & the balance �2,424,396.96, 74% of the advanced money will be returned in cash. So approx �854k is retained for the 12 Months funding period. Was this the plan or is it a reaction to the reduced volume ? Possibly not a laughing matter for some.

Thanks for the reply & production data. My take is that the recent short increase will have no effect other than to drop the share price to a lower trading range. Which does pose the question, why bother. Obviously servicing & reducing debt is paramount for the health of the company. Lets hope that's a main focus.

Hi what is the debt figure & in what form, loan or bonds, thanks

The repayment of the principle amount borrowed x 110% / 12 + 8% = a total of �3,278,544.00. So twelve Monthly repayments will have to be more than $100k & that�s prior to the VWAP calculation.

Hi, this Month should be a full amount Current VWAP 4.6606 x 90% = 4.19454 �273,212.00 / 4.19454 = 6,513,515 These figures are approximate & we will find out exactly in the next few days Cossy, AMC has the choice to pay the Months payment in cash or warrants. Last Months warrants was the balance of the initial warrants issued with an exercise price of 9.3p, for the first two Months payment.

How long is a few Months, the same length as a peace of string. How long is a peace of string, twice the length from the centre to one end. Hope that clarifies the detail.

ENQ can't trade against the market. Look at global index's some are now in correction. It's the time of year plus also possibly nearing the end of this economic cycle. This is why banks have had to set aside larger capital ratio's to avoid another 2008.