Member Info for MadMat

I would have thought that with everyone increasing tariffs on each others products prices would be going up.

"it could be another year before we ever see double digit SP again" true... but it could also be tomorrow morning... or anywhere in between I don't like the wait either... but Im still of the opinion the PFS will be a turning point and lead to road offers, jv etc.

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if foo goes I might buy some share again

the reason is that many of us are looking at the asset... the mining potential... the increasing value of the commodity... There has been no false news or RNS... and many of us are invested due to our understanding of published verified data ... not the emotional waffle spouted by many...

The PFS is an externally audited statement of the commercial viability of our mine... Its when we turn resource in to reserve... If its very very good I expect a huge rise... if its very very bad then the opposite... I'm betting on the first one... (considering nickel price increases etc) But I'm quite sure it will have a major effect.

I'd buy one...

Personally I don't think we'll hear much about the road or any major finance until the PFS is out. Who would lend 100s of millions (even at only 1%)... to a company with no income... until they knew that company would have the means to pay it back. The PFS essentially underpins the commercial viability of the project and until we have that I doubt there will be any road news. However, when we get it... I expect the flood gates to open.

yes, exactly ... much of the work produced for PFS will filter through to DFS... DFS has the same scope but requires in more detail. - PFS cost estimate accuracy is 'approximate' between 30% - 20% - DFS cost estimate accuracy is 'Clearly defined and essential complete' between 20% - 10%

so you think the bod are working for the financiers and not the shareholders... unlikely I would say...!

surely nobody expected anything new... Presentation was about introducing the co to new investors, not providing any new information to existing investors

wouldn't be surprised to see 6p today

I agree its a lot of money but according to this report its about the median average for the Natural resource sector https://www.bdo.co.uk/en-gb/insights/industries/aim/bdo-aim-directors-remuneration-report see page 4 With a large chunk of robin's option now expired I do wonder where the intensive is for him... When we do eventual see true value in the SP I for one will be voting for a generous bonus for him

Its 316K DOLLARS not pounds https://www.bloomberg.com/research/stocks/people/person.asp?personId=27443983&privcapId=26081442 and actually its about inline with industry averages.

re-posting from III , thanks Soot http://fortune.com/2018/05/03/vw-tesla-electric-car-batteries/ $48 BILLION is a lot of batteries...

don't forget this one https://www.youtube.com/watch?v=0QMV622vY8w and this one https://www.youtube.com/watch?v=AZfiLQmK52w

We don�t have mine yet, but we soon will, or at least a substantiate credible business proposition for a mine. Then we will see our 200% in a day rerate, and some... patience is a virtue and the key here imo

hi... it was in the recently updated "project background" were the co outline the intention to use toll smelting initially to get some cash coming in, then build their own smelter... http://amurminerals.com/project-details/project-background/ Concentrate Treatment ------------------------------ There are two options available to the Company for treatment of the sulphide concentrate: Toll smelting of the concentrate by an external company where substantial payments and deductions are included, decreasing the profit per tonne to the Company. Often, an off take agreement is required as a part of a construction loan repayment guarantee. The concentrate will be loaded into rail cars at the Ulak rail station on the Baikal Amur rail line for shipment to a smelter. Constructing a furnace allowing for the generation of a Low Grade Matte for sale on the international market. Recoveries at the furnace are typically 97.5% of the metal. The furnace is likely be located at the Ulak rail station for processing. This location has been selected as coal and limestone will be needed to process the concentrate. This option represents the better of the two alternatives allowing for the Company to recovery a much greater value for the metal delivered into the Low Grade Matte. External smelting specialists have confirmed this represents a technically viable option to the Company. A staged approach would encompass a combination of toll smelting and construction of furnace where the furnace is phased into production whilst toll smelting is undertaken for a limited period.

I like this bit.... "even as low as fourth." -------------------------------

The writing is on the wall... plane as day for all to see