Member Info for Potatohead

WHERE'S THE PFS?

Aye ok, is that the best you can throw at me? If not ramping nickel you lot are copying n pasting utter rubbish 24/7 and it’s becoming extremely tedious. You give excuse after excuse for our incompetent BOD. This months new excuse is Trump sanctions. I’m starting to notice certain posters on this BB are quick at telling shareholders who dare write anything they don’t like, to sell up, seek medical help, you’re blocked, accusing genuine holders of having multiple nicknames. I’m also starting to wonder if these posters are getting paid to ramp this donkey.

Just remember, the BOD has a duty of care to its shareholders and I certainly don’t see much of that lately.

GB33
Let’s say 6mt of ore processed and with a nickel grade of .83%. From what I’ve read ‘I maybe be wrong’ the processing system we will be using to process the nickel will only extract 12-20%.

Since noloss recently bought 100000 shares and he supposedly knows a lot about AMC surely he must know what the value of the concentrate will be worth after processing 5mt of ore, come on Noloss, tell us. We are all in the dark. Stebol is also buying heavy, maybe he could tell us.

I’m not buying any more shares in this until I know how much £ value the Amur mine can generate after possessing 5mt of ore. Who would?

Well, I’ve read up and according to previous RNS, the average grades in our ore, nickel .76%, and copper .20% and cobalt .11%. The average recovery in concentrate for copper is 40%, nickel 12-20% and cobalt .014%. In the absence of any DFS\PFS from our Bod, could any one of youes nickel experts give us a value of this if we mine 5mt of ore?

In the absence of any DFS or PFS we can make a substitute DFS\PFS. How much value from 5mt of ore processed into concentrate could this mine achieve?

Schachy.
Can you make a calculation on how much this mine can make from annual processing of 5mt of ore? My calculation for copper, nickel and cobalt extraction in concentrate is around £73 million. Maybe my calculation is wrong but if I’m not wrong based on we get a min of 5%, this is only worth 8p per share at most. Forget about the £1 per share nonsense.

Sasa, maybe my calculations are wrong but based on todays value and average recovery grades in concentrate from 5mt of ore. Gives the concentrate this value. Not as high as the billions we constantly read about.
CU £15M
Ni £47M
CO £10M
Maybe I’m reading old processing % s I hope I’m not.

my average 7.2

Definitive Feasibility Study
Mon, 25th Jul 2016 07:00

RNS Number : 0565F
Amur Minerals Corporation
25 July 2016

I believe the Amur ore could easily produced concentrate with a capture rate of up to 40% copper and 12-20 % nickel. Our ore is worth a lot of money… the £25 million market cap doesn’t make any sense.

Aye Schachy, i find it quite entertaining that certain posters here seem to think we are the same person. Anyway, Robin Blundering Young has not done any us any favour, that's for sure. There's a few little things i'm not happy with and as a long-term holder i will post them.
What if new terms are not agreed with the loan?
What happened to IG Copper? Why no update and what has come out of the MoU signed with China's Jinchuan. No update on that either and what happened to the completion of the DFS by 31st December 2017 - it somehow changed to a lower PFS. And we’re still waiting on the PFS….Where is the PFS? Surely 3 years after getting the mining license we should have achieved the early stage analysis of a potential mine project by now.

Your comments are always good to read. Again AMC is dirt cheap and as you say, If the BOD can't pull it off, someone else will. Even if we go to the wall, surely our Ore is worth a lot more than the miserable market cap we have today. My average today is now very low so i'm not over worried.

He sure does have an over active imagination, check his comment from 19th April’ 18

Crede are finished. Riverfort is only a short term option and not a Death Spiral deal, Nickel prices soaring, Nickel stocks depleting, PFS due, meetings a plenty with potential investors. Right Resource, Right Place, Right Time. Do you want to be out?

What a joke. Jog on pal and it’s nice to be nice.

I think you have an overactive imagination, thinking i'm two different people. Silly man.

morning guys

If I remember correctly. When I first bought AMC way back in 2009. The Market Capitalisation was around £24 million. So here we are, 9 years later and with the license to mine and double the Nickel. We are sitting on a Market Capitalisation of £25.17m.
Is it me or is there something not right about all this.

Aye Noloss. What happens next? and when is it going to happen!

Aye rolling along like a Blackpool roller coaster 10% up and 90% down.