Member Info for ShadowLess

Hello Lucando

But will they have an option?

I hope the other option would be to continue with the initial plan, Hold off until the TEO is published, Sign off the mine plan, BFS ........ For me, all this adds value.

They have money in the bank, they have reduced some of their other overheads over the years. If the TEO is any good then I like to think that people will see an offer of 100m is too small.

This is Russia though....

Stating the obvious here but TB experience will come into play here.

Unless there is a major f*ck up with the TEO, I cannot see them letting this go for 100m

Hello WandGrabitt

You may be right about the FSP, that being said, regarding EUA, even after the FSP period was over, no formal offer was made or announced, unlike AMC!!

I to have added, I must be mad!!!

Sorry people I am bored so, been racking alongside other things, my brain.

RY is in ‘discussions’ (interesting choice of word AMC used, they are only in discussions and not at the negotiation phase) with a potential buyer, did RY need to issue an RNS? No.
Was RY under some NDA with the potential buyer? Probably Yes.

Did the leak benefit RY or the Buyer? In my mind it benefited RY, some have said the leak forced RY hand, so they had to issue an RNS, maybe it was planned that way??

Hello sasa
Hope all is well and the path for you to feel better is not too difficult to traverse. Although I haven't contributed much to the forum, I have read your contributions and have respected the balance view you have.

Hello Blackrhino1

You may be right, and I totally understand the grievances of LTHs and some of the criticism put forward is more than justified.

It may seem I am an RY nut hugger, maybe it is his Father Christmas characteristics, but I acknowledge that he and the team can do better.

As you say, we are where we are, with the way events are moving, maybe AMC will regain the trust of shareholders?

Hello fission
I am not going to go through all the deliverables they have delivered, and to be honest, and things they haven't delivered, but what I do know is that they have got us here today to this point, whether that is good or bad is all relative.

As Blackrhino1 has said, we are where we are, maybe RY and the team will come up trumps, I hope so as 100m will not do.

Tdt

Are you agreeing that I am a fool!! Many would agree!!

gwm121

In all fairness to AMC they did attend regularly mining conferences in the past (some will argue it was just a jolly for the directors, maybe so, but in many countries deals during copious amounts of lavish food and drinks are made, not sure about Russia but still true in China , if enough drink is flowing, you end up with a new brother!!!)

They hired Medea (2017) to undertake an analysis of global debt markets and potential strategic partners, admittedly, as per AMC, we didn’t hear anything resulting from it, but they did go through the motions.

Maybe they have a list of potential suitors already and no need to shout about it, maybe it isn’t the time, their main focus is on the TEO/ Mine plan/BFS…….. and rightly so at a minimum the TEO should be signed off and released if the numbers stack up to the promise we have had then this will put us in a better-negotiating position.

Maybe I am the only fool here, but I don’t believe RY and the AMC board are a collective of evil people who are planning to screw shareholders!! Are they human and worry about their own skin first and foremost yes, probably, but an offer of 100m for XX amount t of years of work is not a legacy that RY will want to have?

The flip side is:

The TEO is a disaster, there is nothing in the ground, the 100m is the best they will get……. RY sign on the dotted line asap!!!

Isn't there meant to be some rule where they cannot accumulate shares while negotiations are ongoing?

That being said, many ways to break the rules!!

I think Geng will tell you to 'Feng Off' hahah lol

Sorry I get my coat!! brought nothing to the discussion..............................

ART123

Maybe the way to go, but for me, the timing is not right, at the very least get the TEO signed off and published, maybe go as far as the Mine Plan in place, gov funding for the road, international tension easing, Metal price at record highs, only then maybe we see true value. This would mean a few more years!!

SP28

That’s right, currently, the baseline has been set at 100m (this could change), As some have highlighted already, they offered before the publication of the TEO and during the potential conflict, what value will the fully signed off and published TEO with improved figures be worth?

RY and the team, can they hold your nerve and get the best deal? I for one will not accept 100m!

Hello Etank

I wouldn't accept a £100m offer, that being said

@ 6.9 pence a share would mean a 100% profit for me, bear in mind I have been here 8+ years!!

What I would say, it would be a great time to buy some asserts on the cheap with what is going on in the world today, maybe a cheeky informal offer was made!!!

I have no evidence to back my statement up, but I do not believe RY would take such a low ball offer (besides I don't think his share average is any good either!!!! ).

We have money in the bank and AMC can ride the difficult times ahead.

Hello CBS

"I hope im wrong but this has all the ingredients of an RY RNS stating that the board are unaware of anything going on at the moment."

Past experience with AMC, they usual squash such rumours with an RNS and believe an RNS will be published, Conversely, If AMC does not issue an RNS then in my opinion an offer was made.

Interesting, thanks TDT

Hello TDT

Please excuse my ignorance on this,

Euroclear Nominee account appeared for the first time in December, but could it have been around longer than that? for example in the 'Others' category?

If the above is not possible then does that mean they started to accumulate in December? Not sure if the Volume stacks up!!

Reason for asking, curious to know what kind of average they are accumulating at!!

Hey Wand

Sounds like a sensible plan,

Made a little bit of money on EUA (should have made a lot more, but my bets were on AMC rather than EUA when EUA were in the single figures dohhh ). Still have some EUA and may add a few more to average up.

The EUA LSE Board though!! cracks me up!! You could write a psychological thesis titled "Bipolar nature of investing" based on that board!!!

I guess that when things ever hot up in AMC, it will be the same??!! Could be soon

Hello WandGrabitt

You naughty person!! Don’t tell me you sold your profits in EUA and now planning an assault on AMC? You either timed your entry perfectly or just missed the boat!! EUA going down and AMC up!! (please no smut haha)

EUA looks like it is heading towards the 20s again without news, maybe keep your powder dry to add there?? ??

Usual Caveats

"Placing coming?"
I doubt it.

Accepted