The company is great, I spoke to Tony Calamita at Love Hemp and David Stadnyk but this exchange AQSE is awful, the spread can be up to 50% some days. Bought back in August at 5-6p and it has fallen off a cliff despite buys at 9p only a week later.. Never again will I invest in something on NEX/AQSE unless something is done about this!!!!
Yes the DSO of 190K tonnes should come in the next couple of weeks. Glencore offtake partner with NRR, got to be our offtaker for Kun-Manie and they will help fund the BFS. Also expecting TEO and uplift in NPV once we know the metals and binding agreement with said offtake partner (Glencore imo).
Just look at this man's credentials!!!!
"Amur Minerals Corporation (AIM: AMC) is pleased to announce that the Company has appointed Mr. Adam Habib as an Advisor to the Board on Transactions and Corporate Development. Mr. Habib will have the responsibility for advancing funding activities and establishment of strategic partnerships allowing for the continued development of the Kun-Manie nickel/copper sulphide project.
Adam Habib is an experienced senior banker with a combined 17 years of experience in investment banking (Credit Suisse, Lehman Brothers and recently ICBC Standard Bank) with a proven track record in the energy, mining and infrastructure industries. Most recently he was a Senior Adviser to the Board of Cofely Endel Engie (formerly Cofely Endel GDF Suez 2015-2016), part of the Engie Group which is one of the largest energy utility companies in Europe (with a market capitalisation of c.€38 billion and an annual turnover of c.€61 billion).
During Adam's time in investment banking he has led both Capital Markets and Investment Banking teams sitting on the management distribution committee in Europe for Credit Suisse Investment Bank. Adam is a specialist in Energy and Mining finance transactions (acquisition finance, development finance and project finance). Adam has worked on some of the largest E&P (Exploration & Production) and Mining deals in the world including Russia, Africa, Latin America, Central Asia and the North Sea. Adam's extensive relationships across the banking and mining industry will enhance the Company's contacts and are expected to be of significant additional value to Amur.
As part of Adam Habib's consultancy agreement, he has been awarded a total of 25, 619,260 share options over the Company's ordinary shares with an exercise price of 1.95 pence per share (the "Options"). Of the total, 12,803,630 will vest immediately and are not subject to performance criteria. The remaining 12,803,630 are subject to performance and will vest as upon the successful completion by the Company of an off-take agreement, or completion of a producing asset investment. The options will expire on 13 February 2025.
Robin Young, CEO of Amur Minerals Corporation, commented:
"It is with great pleasure, on behalf of the Board, we welcome Adam to Amur Minerals. We look forward to working closely with Adam as he undertakes his role as the lead advisor on Transactions and Corporate Development.
"We are delighted to have the caliber of Adam join Amur bringing his relationships and expertise in the finance, mining, energy and infrastructure sectors to the Company. His proven international and large scale project track record will substantially enhance implementation of our strategic plan within the areas of funding, strategic partner identification and structuring of project financing. His expert guidance, input and specialist expertise will be of great value in the continued development o
I'd rather go this alone than sell-off to IOG. These prospects are really good and having three licenses with Shell is a huge positive.
Mike are you for real?
"The award of the highly prospective and sought after 43/11 and 43/12b blocks alone significantly increases the Company's resource base and, when combined with other new and existing licences, creates a strategically important contiguous expanse of Deltic held licences all the way from the area south of the Breagh Gas field to the Cygnus gas field covering close to 3,000km². We look forward to continuing to work on our enhanced portfolio of licences as well as progressing our Pensacola and Selene licences with Shell."
1.8 target short term from Zak M.
https://www.share-talk.com/share-talk-bulletin-board-heroes-friday-11th-september-2020/#gs.fukyxs
fantasticdave should be nothingbettertododave.......
Look at the markets, look at the current pandemic and understand how large institutions will want to invest somewhere else other than negative yield junk bonds! Life Settlements with a 13-16 ROI are the way forward and the marker is now waking up to ALGW's potential. This is a hedge against low interest rates and hyper-stag-flation.
Got to be in it to win it Dave so stop your sulking and get onbard with the Swick team!
Join in here...
https://t.me/ALGWLIFE
It's £1.71
http://www.ferro-alloy.com/en/news/VSA%20Research%2012%20May%202020.pdf