Member Info for MadMat

One could take the view, that although RY hasn't done a great job of selling KM, he didn't do so bad at growing it.
So finding another asset to grow isn't necessarily such a bad idea.
I'm a little surprised he would actually fee like doing this... rather that enjoying his retirement.

the price is disappointing but I'd accept it...

its the terms I cant accept... buy now pay later... I dont think so. Vladislav Sviblov is not short of a few bob...

pay in full and wind up the co... that what I'd like to see.

well I stand corrected...
lowest close for EUA in the last 3 months was 3rd March @7.1p... today they're about 28% up on that at 9p
lowest close for AMC in the last 3 months was 4th March @1p... today they're about 49% up on that at 1.49p
AMC wins... I guess on first reflection the grass sometimes looks greener... but when you look more closely its not

Any views?

"do you honestly believe there are discussions for a sale"

why do you think most of us are still here ?

I guess that strategy worked out well for Warren... other animals however like the safety of the herd.

No sure which category I fall into... but you need nerves of steel to be playing the markets at the moment... that's for sure.

I really think we should all buy little Putin voodoo dolls and start sticking pins, needles and rusty nails into it.

I think the theory that news of a potential buyer was manufactured to allow some AMC shareholders to escape before the out break of war… is plausible but unlikely…
If we had institutional shareholders, and they’d all bailed at 3.9p … then I’d support the theory
If all the BoD had bailed at 3.9p then I’d support the theory
So who are these privileged elite that have supposedly bailed..? Nearly all shares are held by PIs. It will be interesting to see the next Shareholder Distribution update and see if our secret accumulator has held.
So with Nickel now over $12/lb… and the Rubel at an all-time low… the commercials of our mine have never looked better.
It’s completely implausible that there is no company interested in buying this mine. Although I expect all interested parties are waiting to see how the situation pans out.
Which is exactly what I plan to do. Things have been delayed but the story of our mine is far from over.

good news indeed... hopefully there will be more about that on the news @ 10 / newsnight

better buy some of these cheep AMC share quick then

Come on Robin, keep the RNSs flowing...

https://www.etsy.com/uk/listing/632840533/vladimir-putin-voodoo-doll-parody?click_key=f6eb06dd920fdb405904a34218a815edf5fdff88%3A632840533&click_sum=e62af88e&ga_order=most_relevant&ga_search_type=all&ga_view_type=gallery&ga_search_query=putin+doll&ref=sr_gallery-1-12

Got to be worth a go

Hopefully the rumors about Putin's health are true... but I'd prefer he didn't die of natural causes.
He's the worst example of a human since Hitler...

Its in the RNS, plain as day. Just have to be patient.
Its to be expected that without further exciting news the sp will drift back down a bit. And if you're brave enough the get and hoping the get back in at a lower price then good luck to you.
For me, the risk being out when more positive news lands is worse than staying in through this brief retrace.
---
RNS
- a potentially interested party has valued the Company at an indicative price of up to £100 million.
- The Company confirms that it is in discussions with a potential purchaser
- Such a disposal would constitute a fundamental change of business under AIM Rule 15 and therefore be subject to shareholder approval.
- A further announcement will be made in due course.

Over the last few years it’s been discussed many times that one or more potential buyers must be waiting in the wings, waiting to make their move. Well, now one finally has emerged. You can be pretty sure others are also looking.
Around 7 years ago with the SP at 44p the mar-cap was about 120M. Given all that’s been completed since then: drilling, planning, design, PFS, TEO… does anyone really think we’re worth less now than we were 7 years ago?
It great a buyer has finally made a move… but it’s only the first move of the game. You can be sure there are other buyers watching.
So I hope PIs will have the backbone to reject this paltry offer (if it comes to a vote), and allow the game to play out - the interesting time has just begun. I see potential for 10x the current offer.. or more.
I don’t know much about mining, but I know you never, ever… EVER…. take the first offer. This is a universal principle.

SP almost back in the twos, its like a coiled spring

no idea...
but here is a fun fact sheet
https://www.bhp.com/-/media/documents/business/2019/191119_whatisnickel.pdf

Rover, I think HMZ is good and I'm also invested there, however its laterite so probably wont benefit from the EV/battery boom.
Its nickel sulphide that is the most economical choice for the EV batteries, or so it seems at the current time.
I believe Giga Metals is sulphide, currently at PFS stage
BHP also has sulphide and seems to be in production already.

Well... having actually watched the Ken Hoffman video... I feel inclined to invest further in Class 1 Nickel ... but pehrps not with AMC...

Does anyone ( Red Lee ... :-) Tricky... ) Have any views on Giga Metals for example... ??

The LSE discussion board for Giga Metals is a ghost town... why so quiet if they have the right commodity, at the right time and in an arguably better location than eastern Russia

... it certainly makes you think seriously about electric cars!

seems 'Noront Resources' is still in exploration stage