The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Really good news. Involvement in nickel based companies is of course wise.
Or are people finding RY increasingly hard to work for?
PM may have been in league with Habib. Mere speculation of course.
Worrying. Unless it’s being completely revamped.
That’s what any normal company would do. Sadly this lot have utter contempt for shareholders. They don’t even reply to correspondence.
If an extension has been agreed it can’t be announced at the AGM. Would surely be in an RNS today or tomorrow at 7am.
TheEast - perfectly understandable to be anxious. The board appear to have little regard for us. They have missed various deadlines whilst promising better PR and more regular communication.
I think anything is possible. A great outcome or a wipeout. There’s even a chance AMC becomes a ‘royalty’ company investing in other explorers and producers. We’re seeing the beginning of that with NRR. Habib suggested there could be others if opportunities arise.
My trust in the board is at an all time low. Happy Christmas!
You’d think the rns would be split into 2 with the good news ahead of the bad spread over a week. But no, this is the under 5s management playskool version.
Not end of Jan or Feb. Q1. They’re giving themselves 3 months. Doubt if they’ve even started on it.
Applied but we have no idea if granted. We assume ‘yes’.
Dear AMC, your PR is a disgrace. Get a kid who can’t read to do it. It’ll be an improvement... while you’re at it, try if you can to stop your lying and bull****.
If we got close to those figures, we could sell KM for a score. It would become an irrelevance to AMC.
The NRR deal was done weeks ago. Today’s volumes suggest something else brewing.
I for one take the $100m annual revenue with a bucket of salt and as Stebol points out, this isn’t imminent. Any revenue though is most welcome. A mere 10% would be incredible given our paltry stake.
What fascinates me is why we’ve been ‘chosen’ to invest in NRR for peanuts. Why is Glencore our friend? What is their next move?
RNS Number : 2966B
Amur Minerals Corporation
07 October 2020
07 October 2020
Amur Minerals Corporation
("Amur" or "the Company")
NRR Update
Amur Minerals Corporation ("Amur" or the "Company"), the nickel-copper sulphide mineral exploration and resource development company focused on the far east of Russia, is pleased to announce that following the announcement dated 25 August 2020, Amur has received its first interest payment for the quarter ended 30 September 2020 on the Company's investment in the Convertible Loan Note in Nathan River Resources Pte Limited who own the Roper Bar Iron Ore project located in the Northern Territories, Australia.
For more information on the Roper Bar Iron Ore project, visit the NRR website on www.nathan-river.com
I was invested in HNR. Oil. Share price collapsed. They then switched to CBD oil etc. They now trade as Zoetic and are doing rather well.
Is that what is happening here??
If we got close to $100m a year from our iron investment what is a sensible valuation of AMC?
Assuming this fundraiser is not too good to be true our need to mine nickel becomes superfluous.
Stu - thanks for this. Although Adam said ‘if’ they get 100m, he didn’t express much other caution. Normally there would be some caveats.
Surely as he says, once the first royalties come our way, a re rate must be a certainty. If these numbers (or even 50%) become a reality, it is incredible news.
Happy to be proved wrong but 100m a year seems fanciful in the extreme. Just seems too good to be true.
What a bizarre phrase to use. Has the tweeter been smoking the local leaves?
I’ve used Zoetic’s oil for a few weeks. 500mg dose. Found it very calming. Have bought the 1000mg dose and see how that goes. £45 and £75 respectively. A month’s supply in each bottle but can be taken on particular occasions rather than every day.
Impressed with the speed of delivery. As a treatment for anxiety I think it could be life changing for millions. I’m sure others can review it re pain relief.
It’s very good news.
As for rebranding KM that’s all it is. It’s been EV talk for years now. Robin hardly ever mentions stainless steel.