Member Info for MisterPositive

The China electric vehicles market is anticipated to record a CAGR of 30.21% during the forecast period, i.e. 2020-2028

That's 30.21% compound annual growth rate.

https://www.marketwatch.com/press-release/china-electric-vehicle-market-trends-2020-in-depth-analysis-of-industry-growth-forecast-up-to-2028-2020-08-12?mod=mw_quote_news&tesla=y

I never buy on candles n stuff.
When I studied the 19% NRR stake that AMC bought...with 194,000 tonnes of iron ore ready for shipment. That was the trigger. Imminent Cashflows.

Does not even include huge Nickel deposit at Kun Manie
TEO, reserve report coming up soon also which would firmly put this on radar for the wider market.

When sentiment turns & momentum kicks in....that is what gives you the biggest gains.

I added more at 2.40 earlier today having bought them lower on Friday. Did not even think twice. Very happy to average Up, might get some more.

At this low MCAP this is a no brainer.

Defo a STRONG BUY in my books.

Plus 19% Equity in NRR for 446 Million tonnes of iron ore....

This is Multi-bagger.

EUA multi-bagged x 90 times from 0.44 in just 12 months to 39p hitting over £1 Biliion MCAP.

If AMC just do 20 x Bags in next 12 months = 50p

Kun manie Nickel deposit is only 300km to China border.

If Tesla looking for deals with Vale and BHP to secure future Nickel supplies.....then just think all the Chinese automakers with their EV sales push....when you got one of the biggest Nickel deposit just close by that could be trucked to China.

This is just the beginning of the market finally getting the hang of phenomenal upside yet to come.

If someone said on EUA board in Sep 2019 when price was around 0.44 that in next 12 months it would hit 39p...

They would have laughed their heads Off...

Welcome to EUA mark 2

Is a HUGE positive for AMC.

Think this marriage is a no brainer.

AMC significantly undervalued.

EUA went from 0.45 to 39p in just 12 months.....wow
That's like what a 90 x Bagger......nice one.

AMC time to shine now.

MMs defo in grab mode.

Using wide spread to disguise Buys as Sells......come on. We are used to these tactics.....LoL

Think we could revisit 3.92 soon as 2.50 is cracked which is just a matter of time.

Think market just realising....AMC is way too cheap with its massive Highly valuable Kun manie deposit.

Plus cash flow to start coming in from NRR with Glencore the offtake partner.

Folks kept chasing EUA...when you got one ridiculous cheap stock like AMC which just starting to wake up.

Even £500 worth.......WTF

wanted to add more. Tried bigger Qty....the small. Nothing

Results are due, hopefully this week.

Just remember, Walker Lane gold belt is known for very high grades. I'm expecting good results from Rock House assays.

Then Olympic Gold.

Persistent.
Company did produce a presentation with different production levels from Block XX think in 2017 / 2018.

NPV numbers are quite substantial. Will try to look it up and post here if I can find it.

How much oil are we talking here?

Anybody know. Much appreciated.

Will try to look it up from the past reports.

Yep. Raptors the Big ones.

Block XX alone is big enough. Petrochina block is about same size as Block XX and they gradually increased daily production to peak at 25,000 bopd from number of wells

Tesla looking to do a deal with BHP to source Nickel supplies.

Other automakers would also be looking to secure future Nickel supplies. Kun manie only 300 km from China border bodies well to serve Chinese market.

PetroChina resource is +2 Billion barrels.

They been producing around 25,000 bopd in the past.
Now daily production is about 20,000 bopd.

Heron prospectivity increases as we go south. So Heron complex from our Block XX could match or exceed what Petrochina sitting on in my view.

Don't forget Gazelle oil discovery also which the company will revisit in future as they just ran out of time end of 2019 due to harsh winter weather kicking in.

+200 MMBO from Heron complex plus 2 additional leads mapped on 2D providing another +165 MMBO potential upside.

Read the RNS and listened to MB interview.

All looking good...no issues with EL...just a case of when not if.

We now know Heron oil is the lightest sweet oil ever discovered in the Tamtsag basin. No artificial lift or stimulation needed as it flows to surface naturally. Company used very conservative recovery rate. That should be revised lot higher producing even more barrels.