Member Info for Lucando

It would be an RNSable event

Previous RNS' have said the deadline is the 1st of December under Russian law

For once I agree with you Joe.

I believe we will get the updated reserve figures on Monday. Should set us up well with the TEO only 2 weeks away

Its the submission of the TEO thats important along with all the information that entails including the 2018 drill results.
We still do not know these for whatever reason but thry are supposed to have a material affect on the reserve total. Along with this the Teo opens up a lot of other possibilities, particularly surrounding FEDF funding for the road and finance from Eastern banking institutions

Amur tigers in response to your post at 19.03, the RNS on progress of the TEO in June 2019 stated "Per the "Detailed Exploration and Mine Production Licence", completion and submission of the mandatory TEO is due 1 December 2020."

CT, a further RNS in June 2020 stated the company was working remotely and the TEO was on schedule.

No. They can ask for an extension

Yeah, it would be good if we got news on Monday too. That would give a double lift

Whats the significance of no uncrossing trade?

This month is what we have all been invested in this share for. I have been invested here since 2009, but from all the talk from the board, particularly Adam, this could be a game changing month and the time when we know, after all these years, where exactly this company is heading.
Near term news flow should include the updated reserve figures, binding off take, TEO and funding for the BFS.
All these events added together, should in my opinion, greatly increase the share value of the company.
Good luck to all invested, this time next month Rodders

Good spot Tad. Interesting

Per year, paid quarterly therefore around £163000 per quarter

Its the Interest on our initial investment.

Exactly Julian. What many haven't realised is that the purpose of the NRR deal isn't to provide a short term sustainable income to AMC in an of itself.
It is so that AMC can leverage against the future higher income of phase 2 with lenders who can help fund the capex required to fund the development of Kun Manie and lead to its development.
At the stage AMC are seeking finance they will be able to show lenders the off takes in place and the income from phase 2 of NRR

Equity dilution

*been

So we've diluted already at NRR?

Updated reserve figures

He brokered the NRR deal

Thanks for your reply. I wasn't trying to be confrontational as it appears thays how you may have took it from your response.
Was just curious, considering the fact you state you have been invested here for 7 years but only joined LSE in August.
You do appear knowledgeable and have plenty of informed opinion so was just enquiring as to whether or not you posted under a different moniker previously.
Sorry if you took offence to a genuine question.