Member Info for maestro1

Why are lombard selling then?

Lets say they win 150m and half goes to funder, wouldnt this be ok so they can get their products out there.

What is there product worth if the company has strong balance sheet?

Thanks for your reaponse, define low award?

What are the figurea for low reward, 150m?

How much does nanoco funder get from settlement? 20%

To me it suggest cos we are in sale process the mining plan deadline pauses. This is my opinion.

We should still enquire with amc to see whether its true we do not want them to down the line say we expected the deal to go through blah blah blah but we missed deadline.

All shareholders should contact amc whether by phone or email for confirmation.

Info@amurminerals.com

Julian

But the rns on Nov stated that timing depends on banks KYC, this to me implied the bank is doing dd.

"....With regard to timing, this is dependent upon banking institutions completion of their Know Your Client ("KYC") protocols."

This is a question the company should answer, i emailed them see if i get response.

Hoping fund transfer is done by that time, 5 months to go..

Shadowless

Did RY tell you that at agm?

Now that Putin has agreed to disposal wont that be paused until deal concluded?

Edit:

"Countries like renault and nissan"

Companies like renault and nissan

Lol

Roger65

If you read rns it states many banks are not accepting cash from russia and others are making it difficult. Our banks told Amc to find another bank. RY has said they look forward to when banking situation resolved. This is strong statement which you cannot put in rns if you believed it would be difficult.

If one wants to play devils advocate, the war will not last forever, eventually both nato and russia will have to get along, remember its Svidlov who is getting asset at massive discount, he will want the deal to go through as soon as possible.

Countries like renault and nissan have been forced to leave russia and sold its assets fot $1, they have an clause to get back in by paying compensation to new owners. Renault is still paying staff and hoping it will be resolved soon. Maybe a year?

We still own KM, Putin agreed for it to be sold the onus is on Svidlov to make it happen, we can just wait it out like EUA..

Last few weeks been takin adv of the fall under 1p. Reduced my average significantly, the rns in nov RY stated he looks forward to letting us know when the banking issue is resolved. Surely he is not that much of a psycho writing that in rns.

Svidlov is gettin asset at around 75% discount. There is always a way, if its delayed and delayed who knows the war might be over by then and we might get multiple parties interested. Svidlov will want this done asap.

Getting some interest back, remember special divi of 1.8p a share and you keep your shares in new company.

RY is confident the banking issue will be resolved. Anyone buying now makes decent chunk profit.. im hoping to hear something this month.

Roger

Alot of us are annoyed at RY cause he should have had communication with the bank, but if he wanted to shaft us he didnt have to goto svidlov to renegotiate for 2nd time. He could have just strung us along.

Putin signed the decree, that was the major hurdle in my view. The nickel in ground is worth $37bn. So Svidlov will not want to walk away..

I think he probably has an conscious he surely wont do that, i think the biggest hurdle was to get permission from Putin to dispose the asset, this has been done.

The rns is NOV implies they are confident of finding a way to transfer money with western sanctions.

Enel sold their asset in june 2022 and in late oct 2022 it was completed.

If you look at Kinross they went to similar process to amc, they first agreed to $680m with svidlov, this was in installments over long period. The russian authorities agreed to cut price of $340m plus 40m after 12 months. Now they received their money back in june and original deal was agreed in april.

Hopefully we should hear something this month for amc.

The only positive i see is this from nov rns.

"..We look forward to updating shareholders once the banking restrictions are successfully solved."

So clearly RY believes this can be solved.

Roger

The first deal was worth $100m, hes purchased kinross which was over $350m. This is loose change for Svidlov..

Some of those reds were buys, hopefully we hear something this month.

Svidlov has been interested in KM for over a year now, he would want this to go through. The western banks will want to know where the money is coming from.

Jezzac

The russian side agreed to deal its the companies bank which refused to take the money. RY should not be taken $24k plus per month in this situation.

"...With regard to timing, this is dependent upon banking institutions completion of their Know Your Client ("KYC") protocols."

How long does this take? Shoudnt be taking 2 months thats when RY issued this in rns.