Member Info for etank

The BoD seem to have upped their game since the arrival of Adam - so let's assume the TEO will arrive on time. As pointed out failure is not an option. As LTH we have previously complained that the BoD lacked "skin in the game", which I find re-assuring that they have addressed and I am not referring to this week's RNS, but previous commitments of their funds to the cause.

etank

MisterPositive

"Will depend on how good the Offer price is."

I would not be so certain about this.
There appear to be lots of current shareholders on here who fail to grasp even a fraction of what AMC could be worth to someone who is prepared to wait.
My concern would definately be one of being sold out at a fraction of the overall value.

etank

Turnover so far today, has exceeded the highest previous turnover within the last 5 years as per LSE chart by a pretty fair amount already.

etank

westie50,

Thank you for your response
It is actually quite shocking when you consider the world wide reputation of this institution and the quest, more now than ever, to be at the top of one's game.

Rant over
etank

This website is beginning to seriously irritate me.........they seemingly can not calculate an average SP, figures change from close of business of one day to next morning and they don't seem to be able to add up total turnover, i.e sold vs bought.
Is there something I am missing?
Anyone, please enlighten me. Any help welcome.

etank

H Destitute,

Who is sitting with their finger on the sell button? - certainly not me!
I could equally make the unsubstantiated claim that everyone here is sitting tight till the end game!
Two differing opinions - certainly both incorrect.

etank

Hi Westie,

It would appear that timing is your main concern, rather than a figure that could be achieved at some stage in the future...……..have built my position here over years.....I can wait some more!
3 years would be nothing to me.

etank

Hi Destitute,

That is our point on here entirely - business model has moved on considerably with a coupon/stake in a soon to be revenue producing investment - discount anything else if you like.

etank

Hi Crazy,

I would hope that we are long done and dusted before "that" dividend arrives.......and even when it arrives, it will clearly not be paid to shareholders as Destitute seemed to correctly suggest.
However, whilst I have been sceptical about this strategy in the past, Adam seems to have landed a sucess - good on him.
Time will tell.
Looking good so far.
GLTA

etank

Hi Destitute,

I am fairly sure nobody on here is expecting to receive dividends.

You might be missing the point - has that thought occurrred to you, I wonder?

etank

Cossy,

Same here.
etank

Sorry should have read production cost per ton.

etank

Hi All,

According to the link below Roper Bar are planning to produce 24 million tons of iron ore over a 9 year life span - would anyone have an approximate cost per ton estimate to hand, please?

https://www.mining-technology.com/projects/roper-bar-iron-ore-project/

etank

Hi Geng,

With the equity placing at 1.75p as per RNS of 25/08/2020, I would have assumed the selling by the holder of the 350 million shares to stop before it hits that price level, surely?
Other sellers, may be........each to their own.

Etank

Hi All,

If I recollect correctly a respected long term poster on here made a very simple, but reasoned argument/calculation why NPV could be in the region of £0.80 - £090 per share at current Nickel price and current number of shares in circulation.
£0.75 -£1.00 would not seem that irrational at a future stage to me, depending how matters progress from here.

E-tank

Hi DB,

I am glad you are having a good time shaving off a few pennies, which obviously requires great skill and expertise. Wait until the LTH here sell out at what will be multiples of today's SP many times over. Then quite a few of us will have a laugh.
??

Kind regards

Etank

RNS
Hi Cossy,

Let's see how that translates int AMC share price!

etank

BoldlyGo,

Very interesting conclusions - thank you for posting.

Etank

Hi DB,

Thank you for your reply - good point, very good point actually!

etank

Hi DB

Your post does not mean that a massive payout to LTH is impossible - look at EUA for example - a much better return than shaving off a couple of pence here and there - especially when you do somthing else for a living. All a question of entry & exit point. AMC will be my rerirement fund!! Etank