RE: RE: Value and price19 Apr 2018 13:33
Long time holder, read this board from time to time and rarely post, but as far I can gather not many frequent posters seem to accept, that our resource is in Russia, Amur, a great distance from most takers of our product.
That alone is a good enough reason, why the appetite for our company shares has been weak.
Now with the increasing chance of isolating Russia by the West, would you as a new investor rush in to buy this stock now?
The biggest reason AMC saw highs of 16p or 44p earlier on, was enthusiasm, fuelled by the big boys to let it run and then sold at a nice profit. The real interest of the bigger players and institutions will only come when the above negatives become more attractive, such as after FID and political rest. The deposits WILL be mined. The question is by who and will AMC be the one who is allowed to hand it over to that entity. AIMO