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trying to top up

big rise today for sure

£23 million Mcap with upwards of £10 billion resource is the key reason I think we will start to see a realization Amur is priced far too cheap

Amur’s KM project named number 11

11.Amur Minerals' (AMC) Kun-Manie prospect, located in the snow-covered Amur Oblast region in the far east of Russia, is about as geographically isolated as it gets. But the early-stage nickel sulphide project is also in a region where the Kremlin wants to see job growth, and mining has long been the country’s economic panacea of choice. Construction of an open pit and underground mine at Kun-Manie remains a long way off, as do definitive cost expectations, but what is increasingly clear is that Amur is sitting on an enormous asset. This month, the Aim-traded company upgraded its resource estimate for the project to 1.04m tonnes of nickel equivalent, which based on current prices has an in-situ value of $10.5bn. Extracting that will be no easy feat, but if achieved it would make Amur a top 10 nickel producer.

I believe 2020 is the year the AMC starts to reflect the true scale and value of the asset

The target is in sight!Wed 18:14
Robin Young, CEO of Amur Minerals Corporation, commented:

"We are pleased to have completed this financing with Plena Global Opportunities LLC. This staged funding will allow us to continue toward the completion of the Permanent Conditions TEO due for completion in Q4 this year.

"Following the appointment of Adam Habib as advisor to the board last month, the completion of the TEO is key to securing strategic investors, infrastructure funds and prepay finance via offtake partners.

"The next and most significant deliverable for inclusion in the TEO is Gipronickel's determination of the ability of the Company to generate separate saleable concentrates for copper and for nickel. As noted in earlier RNS information, as much as US$750 million could be generated in payable copper revenue substantially enhancing project economics and allowing for the Company to identify additional off-takers for the Kun-Manie generated intermediate products."

Adam Habib, Advisor to the Board of Amur Minerals Corporation, commented:

"It is essential that the TEO (Russia BFS) be completed as it is one of the key requirements before Amur can engage with off-takers. This funding enables this key hurdle to be achieved thereby allowing the Company to move onto the next set of deliverables and engage confidently with the nickel and copper market participants."

Will be flat from today's RNS as reading this again it's clear this news was already known.

What we don't know is what other news is pending ..... soon we will and the resource is just too big to be left in the ground one day they will start digging

They're the best value out there same here in the UK

Q4 NoLoss

but its getting closer!!! These shares are small percentage but UNLOCK $750 million!

AMC can only start to rise into Q4 IMO

"as much as US$750 million could be generated in payable copper revenue substantially enhancing project economics and allowing for the Company to identify additional off-takers for the Kun-Manie generated intermediate products."

"This funding enables this key hurdle to be achieved thereby allowing the Company to move onto the next set of deliverables and engage confidently with the nickel and copper market participants."

$750 million!!!!!

Robin Young, CEO of Amur Minerals Corporation, commented:

"We are pleased to have completed this financing with Plena Global Opportunities LLC. This staged funding will allow us to continue toward the completion of the Permanent Conditions TEO due for completion in Q4 this year.

"Following the appointment of Adam Habib as advisor to the board last month, the completion of the TEO is key to securing strategic investors, infrastructure funds and prepay finance via offtake partners.

"The next and most significant deliverable for inclusion in the TEO is Gipronickel's determination of the ability of the Company to generate separate saleable concentrates for copper and for nickel. As noted in earlier RNS information, as much as US$750 million could be generated in payable copper revenue substantially enhancing project economics and allowing for the Company to identify additional off-takers for the Kun-Manie generated intermediate products."

Adam Habib, Advisor to the Board of Amur Minerals Corporation, commented:

"It is essential that the TEO (Russia BFS) be completed as it is one of the key requirements before Amur can engage with off-takers. This funding enables this key hurdle to be achieved thereby allowing the Company to move onto the next set of deliverables and engage confidently with the nickel and copper market participants."

Kefi is gold right ?

nearly blue

to 3.5p seemed like someone got a heads up some here banked but for me Im happy to hold we will find out soon enough

Gari agreed some good insight there mate also some chunky buys todays

here chaps calm down calm down...………. im happy to hold this bid rising back to near term highs and beyond IMO

The volumes of resource are whats the big story!

Dow industrials rebounded with vaccine update

FTSE DAX also up confident the rotation from TECH to industrials is establishing itself.

Gave away the Internet. What's the value of that?

The world is on the cusp of an EV boom a step change from the combustion engine.

The number one material that makes the EV possible is still nickel

Deejay BEFORE someone wanted EUA no one else did neither could they see the value within the assets

We'll find out sooner or later who else thinks the one of the largest nickel resource in the world is worth especially when the world NEEDS THE FINEST NICKEL

Yep a pause is healthy!

I notice industrials pulling ahead of tech again bullish for commodities.

Every single rally in AMC I have witnessed has had these sort of pauses it's what caused me to miss the 3p to 40p rise all those years back

This time the EV evolution is real

Another late trade

The late trade 2.4p was a buy IMO