Member Info for TrickyDicky2

Nothing to report other than JIM dropping for the first time by about 4m.

TDT

This might help explain the recent run up in the price of nickel.

https://www.channelnewsasia.com/business/indonesia-issue-nickel-export-tax-rules-q3-official-2849801

TDT

Another dart at the dart board.

He should give up and try tiddlywinks instead.

TDT

Lucando

I think you're right. At the moment there does only appear to be one interested party.

You've been around on AIM long enough to know that a large percentage of the money flying around this market is flighty. In one minute out the next in pursuit of a quick 5%/10%. They pile into the next best thing or the flavour of the day/month/year (take your pick). At the moment nickel is up $1.19/lb. since the open. Under normal circumstance that would attract attention and money and therefore a rise in the share price. We're not seeing that at the moment because of where we operate and what's going on in Ukraine.

It's difficult to predict how things are going to play out at the best of times, in this current situation it's impossible. Our best hope, IMO, is that as the nickel market strengthens going forward we attract interest from China. I think the Chinese see what's happening between the West and Russia right now as a once in a life time opportunity. Nickel sulphides are still very much in demand and Kun Manie is one of the last pieces of relatively low lying fruit. A higher nickel price simply makes Amur more attractive to more people or at least that's the hope.

TDT

specinvestor99

You clearly don't understand junior explorers MO. They don't aim to bring projects into production. Their objective is to prove up then punt on to somebody with deeper pockets and greater expertise.

Irrespective of whether less than 1% make it into production or not who else on AIM has had as many throws at the dart board as Bell? If he keeps throwing and keeps on missing what does that tell you (apart from the fact that he's zhit at darts)?

TDT

The price of nickel is relevant since it shines a light on the nickel market and all those companies in it.

TDT

......nickel might have a rocket up its back side again today.

TDT

"AB says all projects are good (no surprise there as every company does not that."

Ignoring the English and assuming I've understood what you are saying namely ".......every company does that." I'm hard pushed to find any CEO on AIM with such a large back catalogue of abject failures. When you add Regency Mines into the mix then all the duffers here a Red Rock its and absolutely staggering number of ventures presented as the next best thing only to end up dead and buried.

I think Bell is the go to mug that anybody with a worthless piece dirt in the mining industry goes to if he wants to pass it on.

TDT

I think it important to make the distinction between people who put themselves up for election to serve and represent and those who acquire power through other means. Politician is a very broad term. I'm not sure I'd call Mao Zedong, Hitler, Stalin, Pol Pot etc politicians but I do get your point.

"The people always have some champion whom they set over them and nurse into greatness. This and no other is the root from which a tyrant springs when he first appears he is a protector."

At least we can vote ours out.

TDT

Hazbeen

There are sociopaths in all walks of life.

TDT

.....off on one of its periodic mad run ups at the moment. Currently up by 53¢ on the day to stand at $10.26/lb. No doubt it will get a nose bleed later and take a bit of a tumble before the close. It's good to see there's still a bit of life in the nickel market. It's just a pity the life in nickel doesn't cross over into this old dog, Amur Minerals that is.

TDT

Ant1986

Echo that.

Car use bought as an annual subscription is the way forward. TAAS (Transport As A Service) has been predicted for years now. Tony Seba was the first person I'm aware of that predicted a fundamental change in the way we get around. Asset utilisation of private cars is incredibly low, less than 5%. Cars spend most of their time parked. A model, business or otherwise, that has an asset utilisation of less than 5% is ripe for disruption.

If you find this sort of thing interesting do a search for Tony Seba and listen to what he was saying 7/8 years ago then fast forward to now and gauge whether he has been on the money. He has a pretty impressive record in calling it right. Then look at what he predicts will happen from here on and the speed with which it will happen. And don't let anybody tell you that it can't happen in a recession because the transition from horse to car involved building a national road network, developing the oil industry, developing a car industry all during the first world war and, immediately after that, a global depression.

TDT

" Most of them selfishly know they won't be around (on the planet) when the brown stuff really hits the fan later this century. My kids and grandkids sadly will be and it isn't going to be fun for them."

Politicians have kids and grandkids as well.

TDT

Here we go again. In the first 22 minutes of trading almost 4m shares traded with nothing to justify the activity or the price movement. As long as the price goes up that's all that matters.

TDT

MadMat

If you don't have a copy of this already the Mem&Arts is probably a better guide to what can and can't be done although its dependent on the BOD enforcing these conditions.

https://www.dropbox.com/s/37ap1h40v5k8kbt/Amur%20Minerals%20Corporation%20-%20MandA.pdf?dl=0

In particular section 143 "Share Control Limits" is worth a read.

TDT

MadMat

One further thing, an overseas based investor doesn’t have to declare crossing the 3% boundary and every 1% after that. They’re required to declare at 5% and every multiple of 5 after the initial boundary is crossed. Having an arms length entity buy on your behalf who subsequently decides to vote in favour of an offer or even decides to sell their holding in one block would be relatively easy to orchestrate and difficult to prove/stop.

This is AIM. Do not rely/ hang your hat on “the rules”.

TDT

Proving it would be the hard part and don’t forget we are on AIM where regulation varies between lite at one end of the spectrum and non-existent the other.

TDT

Geng

That's probably pretty close to the most likely scenario. Warehousing shares up until the point where you feel you have enough to win the vote makes a lot of sense. Based on the last result 20% would do it IMO or about 280m shares. How likely is it that you would be able to accumulate that many at an attractive price in the current climate? Pretty likely I would have thought. Even if buying pushed the price up to 3p to 4p in the process its still an awful lot less than what was offered.

JIM Nominees with their 85m shares is the one to keep an eye on. That doesn't mean to say that shares aren't being accumulated by related parties in other nominee accounts.

TDT

Jam tomorrow interview.

TDT

Over 4m traded in the first hour with a whole load of mis-reported 250k trades which seems to be the same as yesterday.

Somebody has decided but exactly what they've decided is anybody's guess.

TDT