Member Info for MisterPositive

Sir,
4-5m Tonnes per annum is peak production.

They would obviously ramp up production to take it there in stages.

BoA also said, prices to stay high for longer $80-90 /t

Even then cashflows would be substantially higher.

Imminent cash flows from Roper Bar iron ore sales.
Prices around $120 / Tonne

Kun Manie would be Taken over soon after the TEO reserves report, with some opportunistic approaches in my view.

MMs desperately trying to grab any shares

Is it still in AUCTION ?

should be taken out today.

Market just picking up on imminent Cash flows from Roper Bar iron ore production.

First shipment of 194,000 Tonnes ready to go.

So is AMC

If anybody on EUA board said in Sep 2019 when price was just a tiny 0.44 that it would hit 39p in next 12 months reaching £1 Billion MCAP.......everyone would have laughed it off.

AMC is EUA Mark II.....in a nutshell....No brainer.

Upto you to grab this opportunity now with both hands or let it pass and regret later. You decide. Dyor.

Company got hard tangible proven assets, that are growing further in demand each day.

Roper Bar got 446 Million Tonnes JORC.

Kun Manie - got huge deposit covering Nickel, Copper, platinum, palladium. Reserve report due soon.

I'm looking to add whatever I can first thing coz this wont stay at 3p with significant newsflow coming in. ATB

No body said NRR will be producing 4-5m tonnes of iron ore tomorrow morning. It would be gradual increase of iron ore production year-on-year.

Even if the 4-5m Tonnes figure is in 3 years time. For company like Amur earning $100m per annum would imply MCAP of say $500m, generating 20% in annual revenues of $100m.

Where do you think our MCAP would be between now and in 3 years time ?

It would start accelerating between current MCAP today and target Mcap of $500m (circa 28p).

Now you add 150m Tonnes of just the Nickel @ 1.02% from Kun manie deposit. Excluding the Copper, platinum and Palladium....how many pence is that ?

This could be sitting at 50p by the time one of the bigger player simply Takes over the whole company on the cheap.
Value here in my view is lot more than 50p.

Please DYOR.

That is approx £76m....(from Roper Bar - iron ore deposit)

More than our entire MCAP ???

Market will be all over this tomorrow. Let them catch on.

"There is also the maths of Roper Bar to consider: 4-5m tonnes of production annually, at an iron ore price of even $100 a tonne or more, and revenues are pretty substantial at $500m a year. Amur’s 19% share of Roper Bar means it could earn close to $100m per annum."

"Perhaps the icing on the cake though is the way that the deal to buy into NRR involved multinational miner Glencore (GLEN), and the process clearly brought Amur closer to the giant company in terms NRR’s offtake agreement being with it."

https://www.share-talk.com/adam-habib-president-of-amur-minerals-amc-l-interview/#gs.hzbpj5

Tacet
Saw RR a month ago around 115p but passed as the future outlook for RR did not sit well with me.

Does look like some dirty games being played there. Big boys offloaded and now there is 3.33 times dilution.

You going to get 3.33 times more shares in circulation (10 new shares for each 3 shares held). Rolls Royce would drop more in my view as more shares hit the market which will need to absorb those extra shares.

Spread tigher than Badgers Assss

Thanks.

Love Zak Mir 6p target.

Hit 2.78p today.

Personally think we could flirt with 3p - 3.20 tomorrow. I'm very comfortable with gradual 10-15% daily moves but this has been left behind for too long. Will not surprise me if we crack the 3.92 sometime this week as wider market acknowledges how significantly undervalued this is.

Old memories are just that....old and in the past.

Market is forward looking. AMC 19% stake in NRR along with GLENCORE is a big game changer. Imminent cash flow from 194,000 tonne shipment ready to go.

NO DEBT.

Reserves report probably to be revised Upwards. Already a huge number.

Close to Chinese border who EV sales expected to grow over 32% CAGR.

AMC one of the cheapest one left behind looking at the low MCAP. Everything else seems to have gone up too much now and expensive.

Tacet,
I'm not good with charts. So if 2.74 goes then 3.92 (previous 52 week high)comes into play.
Am I following this right ?

AMC would be sold off to bigger player...way before production in my opinion.

Soon after the reserves report (TEO in Russian equiv) comes out, there could be opportunistic Offers from bigger players in my view.

2.68 paid

Ask the EUA guys who bought under 3p and 12 months later it hit 39p

This is EUA mark II

Chinese need all the Nickel they can get their hands on for their ever increasing share of global EV market. Look at their population.

I'm sure one of the Chinese players would lend us a hand in cooperation with Russian Govt who got their development fund looking to get production online given the good Russian - Chinese relationship emerging in the recent years

Win win for all as I can see.

Spot price for 62% Fe quality jumped to US$123.47 just recently.

China growth picking up steam now.