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The text was in an e-mail I received from Future Money Trends, pushing a stock called New Energy Metals. The reason for posting this is not to endorse FMT's recommendation, but because it has some thought provoking facts about the future sales of EVs We�ve Barely Scratched the Surface for Green Energy Stocks! Dear Reader, Few realize just how small the electric vehicle market is today. The potential for its growth cannot be understated. There�s trillions in global government subsidies and real demand from millennial consumers. China, who had virtually no electric vehicles (EVs) three years ago, accounted for 50% of sales last year! Next year, China will actually force automakers to earn credits by selling EVs or purchasing them from competitors. U.S. automakers are projecting that EVs will account for over 50% of Chinese sales by 2025. These vehicles, as well as their sister hybrid ones, with gas and electric, saw a 154% increase in Chinese sales just in the last 3 months! In the U.S., we sold about 200,000 of these vehicles for all of 2017. In China, they sold 143,000 in the past 90 days. We are seeing irreversible trends, which is why we believe speculators who think it�s too late for lithium and cobalt are not fully appreciating the demand side of the picture. To put it simply, demand for these metals is skyrocketing! ***China and India are both going to 100% electric vehicles. ***France has promised to end the sales of gasoline vehicles by 2040. ***1/3rd of cars in Norway are already EVs. ***Volvo has promised to phase out internal combustion engines starting in 2019. They�ll all either be EVs or hybrids. For cobalt, the largest corporations on the planet are all scrambling for ethical supplies that are critical to companies like Apple and Ford. For lithium, the available supply barely covered last year�s demand, and for all this talk about new supply coming on, the bears fail to truly see the demand side, as well as the inevitable supply disruptions that regularly come with mining, especially for any new potential supply being factored in. The opportunity in front of us is enormous, and it will last for decades." This type of talk only serves to strengthen the rationale for us having our own smelter.

Vertigo thanks very much for that illuminating post. With regard to the downside of using a toll smelter, I get the impression the company's thinking is vearing more towards having our own smelter as the income from copper, cobalt and other PGMs will cover the extra capital costs very quickly and deliver much large profits from year 3 onwards. The prices of nickel and cobalt will ultimately set the agenda moving forward in whatever guise.

TDT, sadly I agree with you. But it is good to know. If Vertigo has an idle moment on his hands, I would be interested in his opinion on these figures.

Here's the rest of it:- "-- These C1 costs do not take into account the increase in the MRE as a result of the inclusion of the 2017 drill results at the Ikenskoe / Sobolevsky ("IKEN") and Kubuk ("KUB") deposits as announced on 20 March 2018. Presently, open pit designs (to be followed by the potential to extract underground ores at a higher profit) within and between the neighbouring IKEN and KUB deposits indicates substantial potential to extend the mine life to a minimum of 15 years. The addition of these ores will change the C1 costs reported herein. Robin Young, CEO of Amur Minerals, commented: "We are pleased to provide projections of the C1 fully loaded direct operating costs for our two primary production options which include toll smelting or our building and operating of a Low Grade Matte facility to process our concentrate. Comparison of these newly defined costs indicates that Kun-Manie could be a low cost competitor within the nickel industry ranking in the lowest 10 producers by cost and, potentially , even as low as fourth. Ranging from $5,750 to $6,100 per nickel tonne, we are well below the CRU projected average production cost of $10,000 per tonne (as at April 2017). "These newly defined C1 cost projections include all projected operating costs and operational considerations from the mine face to the sale of a final product. These costs also take into account mine dilution, metallurgical recoveries at the mine and smelters, truck and rail freight and more. We have also included the Russian Far East reduced tax and royalty incentives which further reduce our total production cost per nickel unit, whether a pound or a tonne. "In addition, looking at how we rank among the greenfield and brownfield projects, we note that there are about 10 projects that contain more than our 1.2 million tonne nickel resource. Of these, only two have higher grades of ore than our average of 0.75% nickel. Interestingly, the remaining six have average grades below what we use as a cutoff grade which is 0.4% nickel. As such, we feel well positioned in the new emerging nickel demanding Electronic Vehicle market."

"2 May 2018 AMUR MINERALS CORPORATION (AIM: AMC) Projected C1 Nickel Costs Below Nickel Industry Average Amur Minerals Corporation ("AMC" or the "Company"), a nickel-copper sulphide mineral exploration and resource development company located in the Russian Far East, is pleased to update shareholders that its in-house C1 cost estimates (Net Direct Cash Cost) per pound of nickel at its planned Kun-Manie nickel copper sulphide project would place it among the existing 10 lowest cost nickel industry producers. Based on the 16 April 2018 RNS, which reported Kun-Manie mining potential of 73 million ore tonnes (12 years and 2 months of production at 6.0 million ore tonnes per annum), the Life of Mine ("LOM") C1 cost per pound nickel is projected to range from USD 2.61 (USD 5,750 per tonne) (Owner Operated Low Grade Matte - "OO LGM") to USD 2.77 (USD 6,100 per tonne) (contract toll smelting - "TS"). Highlights: -- C1 projected per pound nickel costs range from the OO LGM cost of USD 2.61 (USD 5,750 per tonne) to the TS projected C1 cost of USD 2.77 (USD 6,100 per tonne) at the Company's planned Kun-Manie operation. -- The projected C1 costs indicate Kun-Manie could rank among the 10 lowest cost industry wide nickel producers as per CRU's most recent estimate (April 2017) of business costs at existing operations. -- Based on the Brook Hunt C1 definition of costs (including all operating costs, all truck and rail freight (FOB Vladivostok) costs, smelting and refining fees, royalties and net profit tax), the C1 projected costs are lower than all CRU April 2017 reported hydrometallurgical, FeNi and NPI nickel operations. With regard to NiS operators, Kun-Manie ranks from 4(th) to 7(th) within the group of 16 reported nickel sulphide producers. -- Mine site C1 costs (including truck freight of the concentrate to the nearest rail station) totals USD 1.76 per pound nickel (USD 3,900 per tonne). This component of the C1 cost is the same for both TS and OO LGM production scenarios. Additional C1 costs are USD 1.01 per nickel pound (USD 2,220 per tonne) for the TS option and USD 0.86 per nickel pound (USD 1,900 per tonne) for the OO LGM production opportunity. The additional cost components include smelting and operating considerations specific to each of the TS and OO LGM options. This includes smelter fees and losses, rail freight (FOB Vladivostok), refining, royalty and net profit tax costs bringing the total C1 cost for the TS option to USD 2.77 per nickel pound (USD 6,100) and USD 2.61 per pound (USD 5,750 per tonne) for the OO LGM opportunity. -- Cost projections are based on the Company's February 2017 Mineral Resource Estimate ("MRE") Measured and Indicated inventory from which RPM Global, the independent mining consultancy, generated open pit and underground mine designs that identify 73 million ore production tonnes. This provides for a mine life of 12 year

"Conversion of Loan and Issue of Equity Amur Minerals Corporation ("Amur" or the "Company"), the nickel-copper sulphide mineral exploration and resource development company focused on the far east of Russia, announces that, pursuant to the convertible loan agreement entered into on 13 February 2018, the Company has today issued 3,608,257 new ordinary shares of the Company ("Ordinary Shares") to Cuart Investments PCC Ltd and YA II PN Ltd in settlement of US$200,263 of principal and accrued interest. Application will be made to the London Stock Exchange plc for 3,608,257 new Ordinary Shares to be admitted to trading on the AIM market with admission expected to occur on or around 2 May 2018. The new Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares including the right to receive any dividend or other distribution thereafter declared, made or paid. There are no Ordinary Shares held in treasury. Therefore, the total number of voting rights in the Company, following the issue of 3,608,257 new Ordinary Shares is 645,125,231."

I didn't find it. I merely copied the text from the link provided by Noloss. The plaudits are his!

20 April 2018 (WebFG News) - Natural resources investor Paternoster Resources announced on Friday that it is to invest £250,000 in a portfolio of income yielding investments arranged by RiverFort Global Capital. The announcement represents the first major step of the partnership between the two companies which was agreed upon in January, whereby Paternoster would invest in transactions that have been arranged by RiverFort. Nicholas Lee, chairman of Paternoster Resources, said: "We are pleased that we are making good progress on developing the company's strategy with RiverFort. We have now agreed to invest in a portfolio of attractive investments and will have access to a significant pipeline going forward. This will enable us to quickly grow our portfolio with investments that can generate both an attractive cash return whilst providing downside protection." The initial portfolio comprises of investments in Jubilee Metals Group plc, ***Amur Minerals plc***, Lions Bay Capital Inc and Artemis Resources Limited in the form of both senior and convertible debt. The portfolio represents, on average, 2.8% of total investment amounts arranged by RiverFort, which "demonstrates the scope for Paternoster to scale-up the size of its investments as it develops its partnership with RiverFort," according to Paternoster Resources."

Pity the filter feature is not working at present otherwise I would not be able to read the dross from this child of a lesser God.

And then in RY's comments on the increase, he twice mentions on $2.6Bn, viz:- "We are pleased to provide this update on the mining potential at our nickel copper sulpide deposit located at Kun-Manie which is based on our February 2017 Mineral Resource Estimate. The global 73 million ore tonne mining potential contains more than 400,000 tonnes of projected metallurgically recovered nickel supporting the operation for at least 12 years providing an indicated EBITDA of USD 2.6 billion. We have maintained a very conservative approach in this assessment by excluding the inclusion of additional revenue potential associated with our by-product metals of copper, cobalt, platinum and palladium. Additional open pit mining potential is being evaluated which is directly related to last year's highly successful drill programme where an ore tonnage increase of more than 251% at Ikenskoe / Sobolevsky, Kubuk and the area between is underway using the March 2018 updated mineral resource. With this area now being the largest source of mineralisation within the mining licence, it is projected that there will be a substantial increase to the global mining potential inventory and EBITDA from that of USD 2.6 billion." Is there something fundamental I'm missing here?

Has anyone else spotted this error? :- The projected EBITDA has increased by 78.75% to USD 2.7 billion (October 2017: USD 1.6 billion), which is attributable to mining Maly Kurumkon / Flangovy ("MKF") by a combination of open pit and underground extraction methods in lieu of open pit only production. The previous EBITDA estimate was based on open pit production only." When I went to school an increase of US$1.1Bn on the previous figure of $1.6Bn making a total EBITDA valuation of $2.7Bn, is only 68.75%. The question is, which figure is correct? They are going to have to issue a new RNS giving the correct figure(s)!

Apologies. I completely overlooked the Dyani share allocation. To bed without tea as punishment!

from 11.03% to 9.93 %. They now 9,741,019 shares. No big deal.

Sorry wrong board!

from 11.03% to 9.93 %. They now 9,741,019 shares. No big deal.

So is all that just another name for a PFS? Simple question! And I repeat, if so, then RY is being very devious and trying to hide the fact from the people who pay his salary.

" ...we are ready to begin the acquisition of additional key information necessary for the inclusion in study documentation leading to project financing." Is "study documentation" another name for a PFS? If so, that implies that the PFS will be delivered much later in the year. And it also shows how obfuscatory RY is being and deliberately hiding the fact from his shareholders. Anyone care to comment or enlighten?

https://uk.advfn.com/stock-market/london/AMC/share-news/Amur-Minerals-Corporation-2018-Field-Engineering-C/77169367?xref=newsalert

Moneyman64 "exiting times" Freudian slip of the fingers? The share price tells up exactly why the BoD has used the very lame and transparent excuse of not buying shares. "Seldom in a closed period for longer than a few days" Rubbish! Lots of other exploration company's directors manage to buy shares in their company. They knew what was going to happen to the share price after the Lanstead, Crede and Riverfort financing deals by the very way the deals were structured. In short they have treated their loyal shareholders with absolute contempt to their own benefit.

I would not be surprised to see Michael Tang become a director of Dyani once they have acquired their 29.99% of the company through their fees. As someone said, Dyani was set up about the same time as MT took over the chairmanship of GCM. Seems to fit together like a jigsaw puzzle. I still find it strange that there is so little information available about Dyani; everything seems to be well hidden from prying eyes and furrowed foreheads!