Member Info for MisterPositive

Think Monday was a preview of things to come.

Spartacus.
Lot of respect Sir.

Very much enjoyed you post. Great effort.

Think AMC time to shine is upon us.

Like I said earlier, it gets better better. Adam Habib is a Deal maker with vast contacts within the mining Companies. He already got Glencore in NRR as offtake partner. Lot more to come here.

We have not even started yet....LoL

Bsg4
You think being positive about your investment makes one a ramper???

You providing balance ?

All you do is repeatedly keep ****ging Mick.

Excellent update for Mineral Jackpot. More to come.

If you can get these kind of grades from spoil heaps alone, then imagine what they could be when they start drilling the area up.

Rock House and Olympic Gold updates still to come which are due also.

TEO report due soon anytime before 1 Dec which is the deadline if I am not mistaken.

No brainer they opted for Shares.

Major price catalysts yet to come.

Agree. Salary would be fixed amount.

Shares upside is unlimited.

I would do the same.

Cossy
Will depend on how good the Offer price is.

If its low ball offer, then our BOD would reject it. As they say never accept the first offer if you know you got a good product.

From 26 Feb 2019 RNS...PFS.

Long term Nickel sale price $8 per pound

Costs per pound
1) $3.87 (using Toll smelt route)
2) $2.34 (using flash smelter route)

Under either option Profit margin is Massive.

This company is going to be transformed into a $1B mcap.
Plus all the upside from Roper Bar production ramp up and Quarterly coupon receivable. To be converted to 19% Equity at the CLN holder option.

Happy to hold for next 3 years unless AMC gets Taken over by a bigger player.

They used $8 per pound as long term sales price for NPV.

Costs per pound under each option are:
1) Toll smelt $3.87
2) flash smelter $2.34

So very healthy profit margin.

NOTE:
1) NPV numbers from Feb 2019 PFS should get revised higher as they did not include 2018 drilling results.

2) Those NPV numbers were based on using one single Bulk concentrate back then. They can now produce separate Copper & Nickel concentrates.

Project finance should be easily available on the back of a robust BFS.

Plus generous Govt subsidies to bring Kun Manie to production with substantial revenues and job creation.

Speedy,
I'm ok under either option the company goes for. Happy for graduall rise before TEO. which can come before 1 Dec if I'm not mistaken.

Some folks just hop around few shares daily for their 10% returns

Polinvest
You could be spot on. Last time this dropped to 0.89-0.90
it went to 1.35p within days.

Missed this bit:

"The first option is the Toll Smelt option ("TS Option") which provides the swiftest path to revenue generation, where the concentrate is sold to a purchaser".

Just trying to join all the dots here with Glencore angle. Gets better and better.

Just been going through past 2 years RNS.

11 June 2020 RNS is very exciting and caught my attention with their reference to what was released to market back in Feb 2019 quoting free post-tax cashflows which was based on a 'single concentrate'.

Post-Tax free CASH FLOWS under each option:

1) Toll smelt option: $2.04 Billion
2) Flash smelt option: $2.98 Billion

Since then things have changed as per below quote:

"Following on from the update announced on 1 June 2020 on the generation of a copper concentrate, along with that of a nickel concentrate, using industry standard sulphide floatation methods, the Company is pleased to announce that it has been provided with non-binding indicative offtake terms for both the nickel and copper concentrates. The KM metallurgical testwork programme for the TEO is being conducted by Gipronickel Institute ("Gipronickel", a subsidiary of Norilsk Nickel)."

To me that simply means the NPV numbers could be revised higher now from 2 separate concentrates (Copper & Nickel).

Agree. MCAP here is ridiculous given the World Class Kun Manie deposit just 300km from Chinese border.

This is a Multi-Bagger.....no brainer.

Impressed with Adam Habib deal making already with more to come. He only been here few months.

Spaticus.
Like your strategy. I'm sure many others would follow similar or their own investment decisions. Wish each and everyone here the best coz you all deserve it. Hang in there.

You just have to ask some of the EUA folks who got in at the lows of around 0.45 and came out too early say around 10-15p....only for EUA to hit 39p last week. None of us buy at the lows and sell at the top. It's always somewhere in between.

But we have not even started yet.....LoL

Expru
Not sure who Rob is ? Is that his username ?
Been extremely busy but in a nutshell THR is well diversified into Multi - commodities, all of which are going to be Hot commodities. Hence already De-risked in my view.

OMI has got ahead of itself in my view with Traders pushing it higher.

I'm more into low MCAP stocks with Massive upside yet to come when market wakes up like THR, AMC, GWMO..and it will wake up eventually.

For me THR is the next GGP
AMC the next EUA

Please DYOR. ATB

Little bricks.
Agree. Clearing out the dead wood for sure.

Bought some more today while still cheap.

Also noticed we already received our first Quartely coupon from NRR. Good to see regular cash coming in.

I know most of us here keep referring to the massive Nickel resource at Kun Manie. But there is loads of Copper also. Since Feb 2019 PFS....Amur has now got 2 concentrates from Kun Manie...COPPER and NICKEL.

We not even touched on the PLATINUM, PALLADIUM, SILVER, from Kun Manie which is WORLD CLASS deposit.

Market just waking up to EUA Mark II

I personally think Adam Habib contacts with Glencore and others in the mining industry are going to pay off very soon. May be that's why he was brought in earlier this year. He is a deal making pro.

Time will tell, but you can clearly join the dots, without company spelling out specific name of the Offtake partner for Kun Manie.

Just my thoughts. DYOR

Below is from June 2020 RNS on KUN MANIE.

Adam Habib, Advisor to the Board, commented:

" One of the key TEO filing requirements is to have entered into a Non-Binding Indicative Offtake Agreement providing proof of interest in the purchase and sale of an Intermediate Product.  Since joining Amur as an advisor in February of this year, one of my tasks has been to survey, advance and identify any additional offtake trading organizations and their related trading terms and conditions that may be suited for working with Amur and its Intermediate Products.  This was completed during the coronavirus lockdown period and we are pleased to say that we have been able to work with an internationally recognised metals traders in the world.  We intend to take the Non-Binding Indicative Offtake Agreement forward into a binding version in the future ."