Member Info for Henners007

Delboy, what are you suggesting we do?

Delboy, what are you suggesting we do?

Greenhills, what is your suggested plan?

One sentence, but if a recent article (which it certainly looks to be) an excellent find.

An auction for £40 worth of stock?

Historically, AMC have always been upfront with newsflow, whether it be good, bad or indifferent to its reaction on the share price.

While conspiracy theories abound by some, I am firmly of the belief (until we have some hard evidence to the contrary), that the current radio silence is because any news released would be highly price sensitive and could create a disorderly market in the shares. RY has intimated as such before.

"The media week was cancelled because we had entered into exclusive negotiations with an unnamed third party about a takeover at or close to 25p a share."

The PFS needs to be delayed because four unnamed third parties would like to scrutinise the output before it goes public with an intention to make an offer for the whole company."

The PFS needs to be delayed because the output from the 2018 field season will have a material impact on the mining resource and hence profitability of the project."

None of us know. Period. I appreciate others frustrations but this investing game is for the long term, I should know having been here longer than most, and smiled through it all. Yes, even when the share price bombed to 1 pence per share and then rose to 44 pence per share.

Fascinating to remind ourselves of the 2007 NPV PFS document. "Very soon" we will see a new document and will be able to compare and contrast!

Our BB super sleuths now need to discover what he was saying!

The .03335 was a single,one off "uncrossing" trade during the day. I have not got a clue what that means, but clearly it is nothing to do with the share price. Is it an admin error being corrected.

In AMC terms that is a meaningful investment. Great news.

And explains the 260,000 share sale earlier at 3.75p. Nice turn for the broking house.

Someone in the investing world, after having done their research and due diligence thinks these shares are a steal at 4.25 pence. I wondered what that silly 6 shares last trade of the day sale was all about yesterday. Just to close the sp out at an artificially low level.

Apologies for being a dreary old bore...................BUT...............has anyone else noticed, once again the mopping up exercise by a keen buyer of AMC shares at the end of the day. long may it continue.

Robin always said he was under restrictions, being in possession of price sensitive information for most of the time. May be he was telling the complete truth and he knows the touch paper will be well and truly lit in March next year.

Another happy ending to another low key AMC trading day. BUT, once again, all the sells mopped up by an end of day purchase on the money. I'm starting to feel this.

Mmmmm, not sure Maybach how you have arrived at your 80% are negative on this BB. Are you referencing by number of contributors or by their shareholding. The latter is far more relevant on any vote.

I commented a few days ago about the recent repetitive nature of end of day buys v historic end of day sells. This is very encouraging.

Hi TDT, you are quite correct in describing it as "hypothetical", unless of course it is happening and we are not aware of it, which is possible. That was where I got to with the "Fanciful, Possible, Probable" notion in my previous email. Just sowing a seed.

Appreciate and understand all the variables completely. Rules are only transgressed, if the transgression is discovered or someone objects. If I accumulate 40% of an AIM listed company at 4p and the remainder at 50p, to whose detriment is this? All we have here is a willing seller at or very close to 4p, and anyone can buy the shares at that price today. I picked up a few more last month at 3.75p, and wish I could afford to buy 20% of the company at that price but, alas, its another three months before my christmas present.

Hi Maybach,

If you are an interested acquirer of a business what do you do? There are many answers. But you would want the t/o at the lowest possible price. How do you achieve this? You buy shares at the lowest possible price (c4p ish) and if you have a readily available supply of cheap shares (Crede, Riverfort et al) over an extended time period you mop them up. I am aware of disclosure rules but we are talking about AIM listed companies here, lighter regulatory touch.

AMC is a Russian company. Legally not but mind and management it is. I think we would all accept it operates in a different geographical, economical and commercial planet.

When a PFS is finally delivered confirming an NPV, multiples above the current trading sp, the share price will drift upwards towards this value. As the acquiring company, you already have x% of the company, so when you launch a formal takeover (agreed or otherwise) your purchase price will be averaged upwards, but you are not buying the company at 50p per share because you acquired and controlled a very healthy percentage (directly or indirectly) at a much lower price.

The pi's who make the serious money out of AMC will be the ones that stay the course through to t/o. Good luck to others who mess around at the edges.

Fanciful, maybe - Possible, yes - Probable, only time will tell. Let's hold this post and see what develops.

Scach,

I would agree with your post, based on a T/O at the current share price. But not sure I would agree with your post based on a T/O north of 50p per share.

Maybach,

If you are able to substantiate your claims, please do so in the proper manner. Others on this BB may support you. The inciteful language you use cannot be helpful to others who might pop in or out of this board to apprise themselves of valid developments within AMC.