Member Info for Rover62

I can’t find where I read it, but I believe both prosecutor license were combined into one and resubmitted

I agree that Amur will be sold.
I think any potential buyer is waiting until the project has been derisked.
I think it will be after TEO agreed and after some Russian government commitments on infrastructure.
So more likely a Russian mining company.

Mine, Pick,
You’re digging a big hole for yourselves.
You are both correct.
The analogy I would use is a large container ship steaming up the English Channel on the way to Felixstowe and the captain as he’s passing Southampton decides he’ll go there instead. He can’t suddenly make a right angled turn but will have to make a gradual turn and over shoot somewhat, but will end up where they want too.

All good for giving this a push.

How long do you think it will take AMC to even start to deliver ore to a smelter?

4 to 5 years?

That’s just in time for the deficit.

The main take from that is the funding of Stage 2 CAPEX from cash flow.

Seller has got out of bed early today.

Has anyone done a study of the frequency of Twitter publications made by Hzm before an RNS?
Just a bit of light hearted fun.

A bit like King Canute.

I agree with AIM that no raise required until finance and Offtakes agreed, and even then may not be required.
As for the seller, if sill K selling they are still a long way off completing. My view is the seller(s) are selling at a rate of 0.5 to 1.5million a day. K had 48million at the last count.
The positive is that it lets new investors in on the cheap.
We just need to wait until news for the SP to react.

Not a problem if it’s a watertight deal and Glencore doesn’t go bust.
The deal needs to allow for the fluctuations there will be in the nickel price in lieu of the absence of competition

I wouldn’t have thought it good business practice to supply to just one company, unless the terms wear out of this world.

MadMat,
You are correct.
Do you think the nickel market will split with two nickel prices for sulphide and laterite?

MadMat,
I’m invested in Amur, but this is for the long term bottom draw.
I got a lead from this board last year for Horizonte Minerals in Brazil. They are a lot further on, just completing the financial element ready for construction

Seller has woken up and got out of bed. :(

They must be having a few extra hours in bed.

Or

Have they finally realised that by letting the SP rise over a few days they may get a better return.

Without any rational whatsoever why not Anglo American?

They have already a nickel mine next door.

Only a tongue in cheek comment.

B, currently this is a growth share which will transition into a revenue share. The timescale for this are on full production of A1, A2 and V.
Some say this will achieve a share price of 50 pence by then with a potential dividend of 5 pence.
What’s not to like.

Where does IRR come in these calculations?

My fingers just twitched and had to buy. Another 237,534 shares in my pot. I couldn’t not at this price.

As a LTH here for revenue I’m looking at beyond production start an d what can be achievable.
I know before I get shouted down it’s a long time off and thing can and will most likely change.
Just dreaming.
For A1&2 approx 30kt/y. Given 3billion shares then 100,000 shares per tonne.
So for every $1000 per tonne the BOD chooses to give us as a dividend that’s 1cent per share.
Those with 1million shares get $10,000 per annum.
So for someone with 20 million and the BOD giving $5,000 that’s a dividend of $1 million.
Happy days