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It's amazing how quiet the uber bulls have suddenly become since the Dyani RNS.
The can has definitely been kicked a long way down the road and seems to have disappeared down a drain.
But no doubt they will continue to say 'I'm buying more at this ridiculously low prices'.
Mmm .... really?!
I have long questioned the necessity of Dyani and wondered who they are. I definitely think there is a direct or indirect connection to/with Tang and that makes me feel very uncomfortable and wonder whether we are going to get royally shafted, if a deal is ever done.
TDT, you never finished your sentence. " .... T/O of Norilsk's .. paper clip stock.?
It's simple really. If they say there is no NDA in place, how many PIs would then approve increasing the number of shares in issue?
One they've got the approval, they have PIs by the sphericals and will continue to squeeze whenever they choose to.
Their cynical behaviour in their communications, both verbal and written, over the last two years is the cause of much of the rank distrust and scepticism of LTHs.
I really don't know how these ne'er do wells can sleep at night. IMO, RY's credibility is no higher than Trump's.
Hear, hear Geng!
"telling the truth."?
Past history suggests not.
The RNS is essentially a sales document. It was, in my opinion written to get PIs salivating with excitement and anticipation and throwing all sorts of ecstatically assumptive ‘what ifs’ at the bulleting boards at what they presume and hope the resulting outcome will be in the short to medium term.
Against the backcloth of deliberately misleading statements, missed timescales and milestones over the past two years, how can anyone believe what the RNS says? Oh, but the RNS is a legal document you may say and has to be factually correct. Yes, they are supposed to be factually correct. But so should the statements made in interviews and presentations, many of which have withered on the vine. Bitter acidic vinegar is what we got, not a delicious and savoured wine.
Ah, but I hear some mentioning, with Tom Bowen and Adam Habib joining the cause, there is new energy, focus, strategy and impetus.
And with a surprising amount of certainty, the possibility of deals mentioned in the RNS is because they are on board and have been busy working on deals which are probably close to signing. Yep, they might well be, but we don’t KNOW that is what is happening.
The uber optimistic PIs just join all the dots together to get a picture which they would like to see. That’s what the BoD want them to do. PIs to sell the RNS to themselves.
Mmm … notice there was no mention of a possible JV or off take agreement in the RNS. A careless oversight? Or does that mean that there isn’t anything like that in the pipeline?
In Adam Habib's interview, unless my memory is failing me, I remember him specifically saying that there will be no offtake agreements in the near future.
The BoD know we are desperate for real news given the drought of the last two years and they know precisely how some posters will react to the news. The RNS, full of vague statements, is designed to sate the pent up expectations of the uber optimistic, and capitalise on the opportunity to increase the issued shares.
RY comments in late 2018, “strong newsflow” and media week was followed by a total vacuum in relation to the expected news … like the 2018 drilling results.
I don’t believe the reasons given for withholding the 2018 drilling results. It is one of the main reasons why the share price has been so low for so long. Very useful if the directors were planning on buying shares, which some have done in lieu of salary. And maybe Tom Bowens and Adam Habib also wanted to buy in as cheap as possible?
I, personally, cannot happily agree to the doubling of issued shares without more solid information on which to base a firm decision. It’s like putting King Herod in charge of the nursery.
A final thought. Why Salisbury?
Mmm … isn’t that where Russian agents tried to poison the Russian spy Sergei Skripal and his daughter Yulia in March 2018?
A mere unfortunate coincidence? Or are they attempting to kill off our hopes and dreams as well?
Deliberately arranged to deter shareholders from attending.
That says all you need to know about this bunch of ne'er do wells. They're a bunch of shabby, shallow and shady conmen.
What about the bluddy work streams to do with drilling results and all the other information we should have had during the past eighteen months?
What a devious bunch of bags of wind these parasites are!
RNS Number : 9954N
Amur Minerals Corporation
27 May 2020
27 May 2020
AMUR MINERALS CORPORATION
(AIM: AMC)
Equity Placing
Amur Minerals Corporation ("Amur" or the "Company"), the nickel-copper sulphide mineral exploration and development company focused on the far east of Russia, is pleased to announce that the Company has raised GBP0.5 million, before expenses, through the placing of 47,619,048 ordinary shares of no par value of the Company ("Ordinary Shares") at a price of 1.05 pence per share ("the Placing").
SP Angel is acting as Broker in relation to the Placing.
The proceeds of the Placing will be used to progress development of the Company's Kun-Manie nickel copper sulphide project and for general working capital purposes.
Application will be made to the London Stock Exchange plc for 47,619,048 new Ordinary Shares to be admitted to trading on the AIM market ("Admission") with Admission expected to occur on or around 2 June 2020. 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. Following Admission, the total number of voting rights in the Company will be 968,060,149.
Robin Young, CEO of Amur Minerals Corporation, commented :
"The fundraise strengthens the Company's financial position as we continue our work on the TEO workstreams, and the follow on DFS. We will update the market with the progress of these various workstreams in due course."
Just as I thought! This rise is just manufactured to get PIs so that vested interests can offload shares at a higher price today than the ask at the close yesterday.
If there was an RNS waiting to be released, do you think that there would have been all those sells during the past hour?
Can anyone think of a good reason why that RNS should have been released so late in the day?
GB "£750K"?
Marv, I assume the quote starts with the word, "Yes" and ends with the word ... "reasonable"?
Thank you ricky.
ricky what was the question to which the answer was "NO" and who did you ask?
TDT
A blonde paying you compliments? Or a blonde that is complement to the ensemble of, "THE DAYTONA DONG SARONG DENIM PRINT SWIM BRIEF"
Mmm .... yes TDT. Always better to hide the knobbly knees, eh!? :-))
75m new shares at 1p per share.
Why couldn't they have released this at 7am this morning?
The share price will drift all the way down to 8p again or even lower.
Of course the buying into the new Tax Year ISAs may be having an influence on prices as well!?