Member Info for Solis

CBS

I don't see how they can just plug them into the PFS. There are different grades and overburden that need to be factored in. That takes time. Yes we may know how much more we have and the revised grade now, but getting it out needs the revised production plan which I think may take a bit longer.

Forgot, Wood Mac want US$2250 for report https://www.woodmac.com/reports/metals-kingashsky-nickel-project-15933000

Frak

I know little about Kingash and can find very little. Previously owned by Norilsk and shut down in 2010 (SEG-Newsletter-80-2010-January-ES.pdf). Now owned by Intergeo run by Mikhail Prokhorov ex Norilsk. Big in terms of reserves but low grade (0.39% Wikipedia). If anything to go by Dumont's grades are 0.3, but recovery only 50% (about 1/6th of Kun Manie).

Wood Mackenzie estimates US$5.5 billion require to get it operational. Anyone got some spare change ??

please excuse OT

Do our politicians know the damage that we can inflict on the EU. It is their own research after all https://researchbriefings.parliament.uk/ResearchBriefing/Summary/CBP-7851#fullreport

UK goods imports from EU £341B. UK exports £246B. UK trade deficit £95B. The EU exporters must be shi77ing themselves at the thought of no deal.

Geng

I'm not a chartist, so a simple question. Is there another projection line running over Aug-Sep '09, May-Jun '13, Dec'14 - Jan '15 and Feb '17 pointing to 11.7p by end 2019.

Anyone know how to see what DestituteBroker is on about

DB

Specifics please.

S44DYK

I don't think so. I think he is more the shepherd trying to lead the flock to where he wants us, with his monicker generating some semblance of authority or knowledge.

DB

Can you give me the source of your statement so that I know where to find the data in future.

Thanks

Billy/Bob You are right.

The first few pages seemed the same as tonight's Proactive presentation so jumped to the conclusion that for once they were on the ball. Don't think I have seen their website presentation though before now.

Proactive presentation on AMC website. Click on https://amurminerals.com/electric-vehicles-batteries-and-more/. Can't find a link other than at the top of the page in red "Latest Investor presentation"

Does anyone know the largest acquisition premium % that has ever been paid ?

Can't find anything on the net, but I think the SP needs to be massaged up as 3 to 50p I doubt.

Fitlike

I presume those are not inflation adjusted figures ??

noloss

I don't think they can. They are in possession of the data that still needs to be incorporated into the PFS.

Sam old same old

https://www.youtube.com/watch?v=C_Jxvasbo2o

Red

A question I have had running around my head is whether the area selected could be affected by the other metals present. Our calculations are based purely on the Ni and Cu but they are losing a large part (or is it all) of the secondary metals. If there was a high value I might look at leaving certain areas until we have our own refining capabilities, selecting high grade Ni areas with low grades in other minerals.

Just an idle question which I hope to raise at the presentation if I get there.

CS Like another theory of mine ? After that interview, I am now more than ever convinced that RY has a buyer in the background.

Buyer:- I'll pay 3 x the current SP.
RY:- I have others offering me more
Buyer:- My bankers and other directors won't let me offer more. If your SP was higher it would be justifiable, not otherwise.
RY:- We only need to raise the finance and the SP would rise a lot.
Buyer:- Tell you what; get the PFS finished, raise the finance and then I can justify paying 2 x your then higher SP.
RY:- OK let's see what happens.

CS

Correct me if I am wrong, but my thoughts on why they appear to be heading for Toll Smelting in year 0-3 ties in with the heads of agreement with the IG copper company. IG are behind AMC in getting their project defined and financed. This may be the (up to) three years. If a shared smelter is to go ahead, it would be unlikely that it could be built as a smaller one for our nickel and then enlarged, or we would have to finance the larger smelter than for our requirements which would generate losses.

Better to wait till IG is ready and then build it. A trade off deal, nickel grade v's smelter costs v's repaying bankers.

Do you have any other suggestions for the wait ?

gwm121

Have you looked at ETFS Nickel (NICK). A pure nickel price play.

TDT

Thanks. I just thought there might have been something withdrawn that had been seen by a few that was causing the unnatural exuberance in the SP.

Why put up posts by the date the question submitted and not simply by date answered. Looks untidy and unprofessional to be what looks like months out of date. I had not noticed that before.