Member Info for JoeBass

Closing stock on 30/09/19 was, 157,986 tonnes.
In the first 3 days of October it has dropped 17,082 tonnes, now standing at, 140,904.
Live warrants = 59,544
Cancelled warrants = 81,360

The live warrants total, covers just 9.7 days of global consumption.
It's starting to get tight.
Either a shed load of nickel needs to enter the live warrants or the price will take off PDQ.
$10 /lb could be with us quite soon, yet our sp is still the biggest disconnect to asset value that I've seen, unless someone has a worse example.

So, we now have 152,136 tonnes in the LME, just over 3 times that from 04/03/08.
If it drops below 50,000 tonnes and we see the same price as back then,,,,,,,,,
Well, that's an eye watering asset value of $67 billion, that should just see our sp hit 1p.

04. March 2008, $33.550,00 mt, with LME stock at 47.592 tonnes.
But who were AMC back then and where was the EV revolution ?

Nice drop in LME of 5,850 tonnes today.

Completely agree with that, GB.

If that's the case, then we're in for the Richard Roundtree treatment.

Hi GB33,

I hear ya, but I don't subscribe to a view that TB put his hand in his pocket, pulled out $200k of his own dough without knowing something we don't.

soot, "going back years" the EV revolution wasn't in the mainstream thinking and nickel has had a torrid time, as you well know.

It maybe a deal is already done for Kun Manie, subject to (whatever that may be}
After all, it is a strategic asset in Russia.

If you're one of a number of interested parties in Kun Manie, do you show your hand now, while nickel is circa $8 /lb.
Valuing our in situ resource at 2 mill tonnes eq = $35 billion,
Or do you wait, sitting in meetings waiting for,,,,,,,,,,,
Nickel at $10 /lb, giving a value of $44 billion.

Oh what should they do ?

"for me its a typo.... why would you access a large number of options. You assess your options, pick one or two... then access them.
If any funding or partnership options are currently being accessed we would have heard about it"

Agree, this is yet another example of sloppy management, very poor.
They don't give a fcuk for the pesky pi.

"Important Message from the Financial Conduct Authority
Posting inside information that is not public knowledge, or information that is false or misleading, may constitute market abuse. This could lead to an unlimited fine and up to seven years in prison. If you have any information, concerns or queries about market abuse contact FCA."

To report that post from 23:10 last evening by archieee, to
0800 111 6768 .......https://www.fca.org.uk/contact
Or by email, from the link.
Outrageous and illegal.

TB has just paid $200k for 7 mill shares, he clearly doesn't think we're going bust.

I believe mony will be paid by month end.

First mover advantage, as long as there's plenty for the next man (Newcrest)

Made it known to the entire room in Denver, Newcrest have the option to acquire a further 5%, beyond their 70%. He didn't have to say that, that was a telling remark to some very serious investors.

"access to the full PFS and data room have been conducted"

Excellent, how about sharing the PFS numbers with the owners?

"how we going to fund all this work RY"

I don't think TB would have spent $200k if funding was a big ?

Looks like the complaints to the nomad worked.

Robin Young, CEO of Amur Minerals Corporation, commented:

"With Oreol's and Gipronickel's metallurgical test work programme underway, the Company can now turn its attention to non-TEO area related considerations. Throughout the year, discussions with various parties have been held. Under various Non Disclosure Agreements, access to the full PFS and data room have been conducted allowing us to identified areas of mutual interest that we believe will be beneficial to pursue and ensure to include in the TEO and the follow on DFS. This includes various trade-off analyses between initial capital expenditure and operating costs, production mixes and scale of production. I look forward to updating the market on this once we have finalized our approach to this work."