Member Info for sansavatar

here's the rest of it:-

"Value ("NPV") and Internal Rate of Return ("IRR"), whilst simultaneously allowing the Company to take advantage of reduced Net Profits Tax ("NPT") and Metals Royalty Tax ("MRT").

-- Step out drilling to the north and east of the IKEN Inferred block is also underway. It has been determined that the aerial limits of the mineralisation appear to have been increased by as much as 50%. Drilling is being continued to determine the extent of this ore body. Results received in July confirm that mineralisation is present for an additional 100 metres in the northward direction and at least an additional 100 metres in the eastward direction.

-- Metallurgical sample collection within, and between, the neighboring deposits of IKEN and KUB is being conducted by diamond core drilling. Samples have been collected along the majority of the KUB deposit where open pit production is planned, within the currently defined IKEN open pit area and along the majority of the IKEN high grade Inferred zone. Nearly 55% of the planned metallurgical sample has been acquired and drilling will continue. All metallurgical samples accumulated through to 31 July have been delivered to the Company's Khabarovsk core storage facility.

-- Alex Stewart Laboratory ("ASL"), responsible for generation of the certified and independent analytical results used in the resource estimate, has already provided final results for more than 70% of the completed drill holes as of 31 July. Presently, ASL results are available for all GKZ infill holes completed at MKF and IKEN with samples presently being analysed for the GKZ VOD and KUB drilling component of the drill programme. Approximately 50% of the results from the collected drill samples within the Inferred zone of IKEN have been provided as well. This year's more rapid turnaround of the ASL final results is attributed to ASL's increased sample capacity volume. The Company notes that its internally generated Niton ("RFA") results are being validated by the ASL results (within 10%).

Robin Young, CEO of Amur Minerals, commented:

"With our drill programme being over 80% complete and having experienced no down time at the rigs, work is swiftly advancing toward completion of our three key objectives in this year's drill effort.

"We have already completed all infill drilling of limited areas in each of the four areas where we anticipate mining to occur. This information represents the final milestone required for inclusion in our work to obtain final Russian reserves as in accordance with Russian Federation requirements to obtain the necessary approvals for mine plans, designs and schedules. Once all final analytical results are available, we can begin to compile the TEO, a Russian feasibility document.

"We are also nearing completion of conversion of a large high grade, higher net operating profit per tonne Inferred resource at Ikenskoe / Sobolevsky. The upgrade to Indicated resource should enable us to

"July 2018 Drill Programme Milestones

Infill Drilling Successfully Completed

Amur Minerals Corporation ("Amur" or the "Company"), a nickel-copper sulphide mineral exploration and resource development company focused on the Far East of Russia, is pleased to provide its third in a series of drill updates for its 2018 drill programme at its wholly owned Kun-Manie nickel copper sulphide project ("Kun-Manie"). Covering the period ending 31 July 2018, the 20,300 metre drill programme announced on 27 February 2018, is well advanced, including infill drilling in accordance with Russian regulatory requirements for use in the acquisition of mining permits, the conversion of a high grade Inferred resource to that of Indicated for future inclusion in the Pre-feasibility Study ("PFS"), Mining Ore Reserve ("MOR") and the acquisition of a metallurgical sample along the mineralised trend between, and including, the deposits of Ikenskoe / Sobolevsky ("IKEN") and Kubuk ("KUB").

Highlights

-- In July, a total of 48 diamond core drill holes (7,457.4 metres) were completed bringing the total drilling through to 31 July 2018, to 114 drill holes containing a total of 16,558.3 metres (82% of the 20,300 planned metres) for the State Committee on Reserves ("GKZ") certification of reserves and for use in the mine permitting process, the IKEN Inferred resource upgrade for future consideration in the Kun-Manie nickel copper sulphide project economics and metallurgical sample collection. An additional 1,708.0 metres have been completed in the area of Gorny (geological investigative work) as well as additional drilling at KUB to define up and down dip limits of previously identified mineralisation. The combined total of 18,266.3 metres of drilling has now been completed using Company owned Boart Longyear LF 70 and LF 90 diamond core drill rigs providing a combined daily average of nearly 210 metres.

-- On 14 July, the GKZ requirement for infill drilling was completed at all the deposits of Maly Kurumkon / Flangovy ("MKF"), Vodorazdelny ("VOD"), IKEN and KUB from which mining is anticipated. This will allow for final Russian Federation approval of the reserve(s), and is also required, to obtain approval of mine designs.

-- Drilling has now been completed within the March 2018 Inferred resource delimited area at IKEN (now drilled on a 100 by 100 metre grid) and the continuity of the grade and thickness of this block has been established. The portion of the resource which is projected to potentially yield a higher operating profit per ore tonne was identified for infill drilling to convert it to the JORC (Dec 2018) Indicated resource category. If successfully converted to Indicated this would allow for this block of mineralisation to be included in future updates to the Pre-Feasibility Study ("PFS") where it can be inserted into the earlier years of production by supplanting a portion of the currently defined MOR potentially increasing the estimated Net Present

Charly, you just muck spreading .... as in moo poo.

Nasirul

"Expect some further activity soon on this."

Is that what you sincerely think ... or is it merely a whooshfool hope of yours?

Over the last year several posters have said that Hasina HAS to make a positive decision on Phulbari as her re-election depends on it. Well there has been absolutely nothing in the Bungla press which raises any hope in my mind that that is going to happen anytime soon.

And if there isn't a positive decision on Phulbari before the election, she then has another four years of procrastination to play with regardless of how desperately the country needs the power which Phulbari can provided.

I have more chance of turning Ayres Rock into a chocolate muffin than we have of getting Phulbari's SoD approved before the end of this year.

I'm still holding purely on the 1,000-1 chance that it happens.

FILLETTED!!

As opposed to filtered!

What a ....! let the reader fill in the dots.

Thanks Noloss.

Why can't they stick to the same format for releasing their news I don't know?

To me that's a little sloppy!

cowboysteve

Looking at AMC's page on news,

http://amurminerals.com/category/news/

there was an RNS on 20th June announcing the "Conversion of Loan and Issue of Equity" and no mention of "Director's Dealings".

The following RNS on the 27th was the "Final Results for year ended 31st December 2017".

Where do you see the "Directors' Dealings" announcement on the 21st June?

... there wasn't a June announcement about the mandatory Directors' monthly £625 each share purchases last month.

There was on 20th April for 108,000 share @ 4.55p each
and on 22nd May for 87,894 @ 5.6p each.

The two above were announced with the heading "Directors' Dealings".

I thought all directors' dealings had to be reported?

Noloss,

I also remember the 1m trade at 14.26 being at 4.30p.

Only 7 trades, the last one at 15.16 for 25,000 at 4.29p.

Tadska

There are no trades showing after 15.16 on Nexexchange, the last being for 1m so I don't know where you see that 1m trade at 15.19

there was a good reason for releasing the RNS so late in the day?

Why wasn't released at 7am this morning?

... administrative costs, for the current financial year - if we last that long - will increase by £60,000?

.. manipulation just look at what the 'da boyz' in NY have done to the silver price today. I can't see any reason why it should have dropped so far and fast. Let's hope they don't do that to the same degree to nickel as well.

In 1999 I helped to develop a new website selling a mass market insurance product. Before we went 'live' it was tested to destruction for about three months using people with advanced computer skills and some with virtually none. The point was to try unearth the glitches that all profiles of computer users would intentionally find either by design or error. Many things that the designers had not thought of were then built into the program. Only minor glitches discovered after going live. Pity that ii didn't do the proper user acceptance testing first. I think that they have thrown and 'unready' product out there and are using its customers to do the user acceptance testing as a cheap alternative to using their own expensive in-house techies to do it. I hope they lose loads of their customers because they don't deserve any loyalty after this fiasco. The CEO should be removed NOW!

I don't expect the PFS before the directors have each bought their pre-arranged �625 monthly share quota.

Thanks JoeBass for that link. Interesting and informative. I notice the date of that breakdown of the Tesla S model components is Mar 2016. I wonder how much the technology has advanced since then and how much the current Tesla S model has changed and will change in the near future.

trickyroman, why don't you post that garbage on the AMC board and see how you get verbally dissected like a well cooked chicken? Or are you too chicken? "nothing has happened"!? Idiot!

Bullfrog80 Were you away from school the day they taught the class how and when to do paragraphs? Reading a block of copy like that is too much of a chore. Haven't bothered. I'll stick with posts that have 1 - 5 line paragraphs.

Nothing new. A repeat of his "right product, right location, right time" presentation. I doubt it will do anything for the share price tomorrow, unless there is other good news RNS'd.