Member Info for Sp28

Maestro - Looks like he has sold today. And now looking to get back in cheaper.

Turned uber postive to uber negative in days hahaha a classic day trader

Posted by Maestro on 28 Jan 2022 17:24
"4m buy shows up

Someone bought 150k not small change.

7p here we come"

Goto make you laugh!

Buy of 1.5 million just cropped up from 1500 @ 3.21p when price was around 2.95p!!

20m buys vs 20m sells

Plenty of games going on!!!
As always transfer from impatient to patient!

Pumped and dumped would be without any info!!! Traders are definitely dumped.

We have 2 separate leaks in The Times AND an RNS. We have the smoke and the fire :)

Let's wait for news and see where we go over coming days!

Exactly - new breed of 'investor' i would call most of them "traders and gamblers" want a 100% return instantaneously. Zero patience.

Move from one share to the other with no understanding of fundamentals of the business ;)

PATIENCE

Games will be played.

Mm's will take it up and down.

These boards will be filled with nonsense by people for their own individual gain and spread lies to create fear.

DYOR and lets wait for confirmation of the deal - via RNS or The Times ;)

Exactly. Cheap shares grabbed by activating stop losses, loading up for sale RNS.

Must be very close!!!

All the leaches will now pop out!

Well thats all the traders wiped out :)

Last week:

1 x RNS
2 x separate leaks through The Times newspaper

AI - totally understand and concur with your points. Thanks

If people bought at the highs with the continuous dilution over the years i'm afraid its never going to reach those highs ever again!!

And if peeps think AMC ever taking this to production etc it's never ever going to happen. They have taken it as far as they can, it's time to pass it on for the maximum amount someone is willing to pay for it now, so the big boys can progress this.

I used to be emotionally attached to AMC, having held for a few years.

However as I sit back and think logically and realistically, would be delighted with this offer being presented by the BOD, and move on.

Market can do what it likes. They expert at shenanigans, currently they transferring from stupid to smart :)

Once a confirmed higher bid arrives, or another party enters the bidding, let's see how they handle it then. Expect 100%+ instantaneously.

If you have done all the due diligence, £100m was just an opening offer to get the feelers out, now the real negotiations taking place, at a price everyone is happy with.

BOD will want more towards £150m

Remember they have already said. "A sweetener on top of the £100m, they will be happy to strike a deal"

COULD COME ANYTIME!!!

Makes complete sense.
From everything we know, Nickel supercycle has started!

Someone looking to buy in battery metals (everyone is, just that we are limited with the Russia Risk), why would they spend ATLEAST a 3-5 years licensing, exploring, proving up costing tens of millions if not alot more, and may not even find the size and quality of Kun Manie!!!

Why would they not just buy AMC. AMC have done ALL the leg work. Sat on one of the top 10 largest undrilled Nickel Sulphide deposits in the world. And can snap it up for maybe £150m.

Seems like a straightford easy decision to me!

DYOR

The Times reported:

1. Current offer is £100m
2. Who potentially the buyer is
3. If sweetener added, BOD happy to accept

However with all the info 'leaked' to a credible newspaper, NEITHER party has refuted any of these claims!!! Therefore could assume all the info is accurate.

Would be libelous, expect The Times know all the info is 100% accurate.

The time is definitely right to sell, BIG question is how much. Hypothetically, I would be happy with 8-10p tomorrow!

If thats the best and only offer, then thats exactly how much its worth! People maybe dreaming about 500m valuation or bringing it to production, lets be honest and real, IT'S NEVER GOING TO HAPPEN, give your heads a wobble. Would never have the capital or expertise, time is right to pass the batton on! They/we not getting any younger. Could you wait another several years, and then potentially be in the same boat again, i.e. offered £100-140m!!! Maybe no one interested at all! Who knows, no one can predict the future!

Currently Nickel price is high. Could go higher in short term. But there are a multitude of factors at play, demand could change if change in battery technology, more mines coming online etc.

I'm sure no one in the industry would have guessed how low Nickel would have gone in 2015. And here we are 7 (thats right SEVEN) years later....

Peoples views will obviously differ, but if the BOD got more towards £150m, undoubtedly most would vote to YES to a sale. Will always get a few grumpy investors who are blinded ;) each to their own. Most are disregarding/blinded again that AMC are in Russia, if it wasnt, i would defo want multiples, but sadly it is what it is!!

Lets see what this week brings. All the best.

My opinion is higher the better obviously, but also very realistic, and want them to propose a sale to shareholders asap.

IMHO

Not dure what you mean. But..

Current market cap £50m (3.6p)
Proposed offer on table £100m (7.2p)
Final offer £120m - £130m??? (9p)

They have already said, they looking for a bit more than £100m, and at that point they would be happy to accept and propose it to the shareholders.

One of my friends just messaged me what is happening!!

I understand why, but they need to stop publicly outing their holdings, this is so so dangerous!!

Public Chatboards are known for being infiltrated by mm's and now even someone from the buyers side, its so easy.

They are giving them all the ammunition they need, and falling right into their hands by declaring their holding.

NEVER SEEN SO MUCH NAIVETY, IT'S BEYOND BELIEF!

They will use that info against us!!!

Other chatboards, experience investors will ALWAYS say NEVER declare your holdings or average.

Agree. US have been at it across the world for decades.

Just look at all their shenanigans in South America over the last 30-40 years. Shameful.

I genuinely think this deal will be completed very soon. The buyer is offering a "nominal" amount to by Kun Manie". A nice round number, no reflection on the total resource. Clearly there is no 'science' behind the number, not really based on anything, just want to pay enough to secure the asset!

BOD already said "give us a bit more and we are looking to strike a deal"

Resource is huge, it could be double, however if we had double the resource, offer wouldnt be much different!!

Huge capital expenditure is required, in Russia. If this was Canada or Australia, it may have gone for many multiples of £100m. However we have to be realistic, considering the geopolitics.

Note - I am saying offer will be agreed to be put before shareholders. How the vote goes is completely different.IMHO The vote will go through.

IMHO. DYOR