Member Info for MisterPositive

THR has lagged behind with MCAP still only £13m ?

I think its primed to make a big jump UP without warning ahead of news from Ragged range & Kapunda and USA drilling.

from 2019 PFS should be revised higher after they incorporate 2018 drilling results.

TEO (Russian equiv. Feasibility) due soon by Dec or before

Off takers lined up for Kun Manie.

If you listen to earlier interview with Adam Habib, you would get an idea where we headed.

I'm in the sane camp as some here that Kun Manie would be sold sometime next year. Amur would probably look to reinvest in a few Roper Bar type deposits and start earning Revenues from Multiple projects. Roper Bar annual revenues would be $100m where production ramps up in about 3 years.

If they reinvest Kun Manie proceeds in another 4-5 similar deposits like Roper Bar, then annual revenues would be potentially $500m.

You would get far superior Upside and returns for Shareholders using this route in my opinion. This is something I think why AMC brought in deal maker Adam Habib who already got Glencore into NRR.

IMHO. Please Dyor.

https://www.livewiremarkets.com/wires/nickel-demand-will-triple-on-back-of-energy-revolution-says-bhp-boss?utm_campaign=&utm_medium=wire-page-share&utm_source=twitter&utm_content=nickel-demand-will-triple-on-back-of-energy-revolution-says-bhp-boss

Old interview, after Adam Habib joined Amur.

https://m.youtube.com/watch?v=l6fT7QFvuJY

Love it when he says...they are watching us.

Yep. THR needs lot of catching up.

Current MCAP does not reflect value of all the different deposits company sitting on. Drilling also to commence in USA on their high grade Uranium & Vanadium deposit if I am not mistaken.

I have read past 2 years RNS over the week since my last visit here back in the 45p frenzy.

TEO feeds into BFS. They are preparing both in parallel.
TEO is Russian name effectively for BFS. There is going to be no one year wait for BFS. They should come back to back soon after TEO.

Some here are in for a pleasant surprise coz when this starts its move, it could be fast n furious.

I'm in the camp where we should sell Kun Manie for best price we can get and re-invest in about 5 different Roper Bar type deposits, earning regular cashflow from Coupon, then convert to 19% Equity in each of the 5 assets acquired. You also 5 × times the upside from 5 deposits. So MCAP increases from 5 different assets.

I will leave that to Adam Habib with his vast connections across the whole mining sector. He already got GLENCORE into Roper Bar deposit. That's my vision and outlook. Management at AMC might be on the same thinking. Time will tell.

ATB fellow holders. I see AMC heading towards $1B mcap in coming years.

BFS should provide us with a new NPV10 estimates.

That is one the most valuable report, that you can take to the Bank for Project finance needs. Potential Buy outs and Take Over offers are also referenced back to NPV10 figures to establish fair value and Offer price.

Agreed. UFO did about +300% in a week.

If AMC did that we would be at 10p.

Agreed. Good healthy consolidation over past week.

EUA went from 0.45 (Sep 2019) to hit 39p last week.
GGP went from 1.98 (Jan 2020) to 27p two weeks ago

Above moves were just in last 12 month.

AMC with major price moving news just ahead can do better. IMO

TEO report gets closer each day which is going to be the biggest catalyst here. Could come anytime before 1 Dec.

I expect above NPV10 numbers to be revised higher after they incorporate the 2018 drilling results into the Feb 2019 PFS.

Trend here is up without a doubt.

TEO report is the big one due anytime before or latest by 1 Dec.

Next big one would be the Off take partner for Kun Manie. Most of us here probably already can guess who that is likely to be...all I would say is Adam Habib.

Don't worry if you bought on a spike while back. I think we could see the 44-45p frenzy sometime again in coming months.

History repeats itself.

Tacet.
I was just thinking about £1 figure today after drilling further into the NPV10 figure of $987.4m which could be revised even higher after we add the 2018 drilling results.

I'm sure the upcoming TEO report should have all the drilling results to date included with new NPV10 calcs

Russian Development fund will be sponsoring or helping out with the road if memory serves me right.

Russia wants Kun Manie up and running which is a huge deposit with very long LOM. They got plans for 4 open pit and then underground operation.

Ok. No worries.

I still think we would be Target for Chinese soon after TEO comes out.

Well ARV would be in prime position to pounce.

There could be bit of stake building by ARV here in coming months as Ragged range drilling gets underway soon.

Very interesting.

I did not even know ARTEMIS connection with both MTR and THR.

As per Feb 2019 PFS...below are the NPV10 values.
(Does not include 2018 drilling results).

1) NPV $614.5m (using Toll smelt route)
2) NPV $987.4m (using furnace/ flash smelter route)

Above are NPV post-tax at 10% discount rate.

Tuckman
Good find. Would make perfect sense. You never know.