Member Info for TrickyDicky2

.....bounce. I wonder how long that will last? Seems like its running out of steam already.

TDT

Darren

I think all the buys going through at the moment answer that question. You will get the 1.8p divi plus there will be the residual value of the listed entity plus whatever else is left in cash in the company after the pay out.

TDT

Feather in your cap kwinnee.

TDT

It looks like everything is falling into place just at the right time.

https://www.mining.com/web/monumental-shift-in-way-junior-mining-stocks-are-valued-is-coming/?fbclid=IwAR3W97MOcuIK8Co6uHT4JhSeNYL0XGFUUkqE0uPZRL9RyydzGR3YQPhNhLs

TDT

“I don't see any reason why this couldn't drag on another 5 years.”

Unlikely. The coffers will be empty long before then. They can’t raise money via the market and they have nothing worth selling. Aubrey hit the nail on the head and it’s the principal reason why so many people have been taken in by this sham of a company. Few PIs really understand what proving up a reserve/resource actually involves.

TDT

"I'm assuming therefore that currently he wouldn't buy Indonesian sourced product.?"

You know what they say about assumption OilyRags?

https://www.reuters.com/business/autos-transportation/indonesia-says-tesla-strikes-5-bln-deal-buy-nickel-products-media-2022-08-08/

https://www.reuters.com/markets/commodities/like-musk-nickel-rich-indonesia-has-high-electric-vehicle-ambitions-2023-02-06/

TDT

Kwinnee

Touchy.

You could be CrazyTowner or the other uber ramper who used to post on here all the time, forget his name now, the £1 party fella. Anyhow, they knew as little as you seem to so I guess we're no further forward.

TDT

Kwinnee

At least your response clarified which if the options in the last sentence of my post is the more likely.

TDT

OilyRags

This taps into the issue you raised if only indirectly.

https://www.bloomberg.com/news/articles/2023-03-01/russia-s-largest-miner-is-selling-nickel-to-china-in-yuan?leadSource=uverify%20wall

As the LME becomes less and less relevant it begs the question will the Glencore offtake deal be referencing the LME in future?

TDT

Will it change anything?

https://www.bloomberg.com/news/articles/2023-03-03/uk-s-fca-opens-enforcement-probe-into-lme-s-conduct-on-nickel-les75dqd

What is rather damning in that headline is the observation that investigations by the likes of the FCA are rare. Probably helps explain why the junior market is the way it is.

TDT

They've already got a potential source of funding on their doorstep.

https://www.youtube.com/watch?v=Iibs7buNwxQ

TDT

kwinnee

While I generally agree with the sentiment in your post I have to question how you've arrived at that position. Joined LSE 10/08/2022, five posts in total, including your latest, all on Amur and a really questionable one where you claim:-

"RY has a substantial stake in AMC.
The sale price does not make him a billionaire.
However it is still worth considerably more to him than sabotage or continuing to take a salary."

which is simply not true. Robin Young only holds 6,369,318 shares with 3,900,000 options which I very much doubt he will exercise. If the deal goes through at 1.8p he will trouser £114,647 which is less than 6 months salary.

So the question to ask is why are you pushing this narrative? What do you know or, more likely, think you know?

TDT

wasarunner.

Thanks for your thoughts.

TDT

robins

Same old, same old then!

TDT

The fine print of that offtake deal with Glencore would be interesting. I don't suppose you've seen that any where wasarunner?

TDT

Thanks for posting that wasarunner.

That's going to be an interesting conversation if we get and $100,000/tonne spike.

TDT

OilyRags

Good question. I don't know is the simple answer and I don't recall seeing it confirmed anywhere.

TDT

Depends on what you call eastern Europe. I've lived in Poland and Latvia and was told on several ocassions in both countries that they're central Europe not eastern. I was told that almost as often as I ws told the Russians are a bunch of bar stewards.

TDT

Theodoros

These trades are not buys but roll-overs. They pop up every 20 days or so.

The share price is not going to flick up to 4p. The current offer on the table values the shares at a tad over 2p; offer + money in the bank " residual value of the listed entity.

TDT

TDT

Tornadotony, very true. I lived in Tianjin for a year and somedays you couldn't see a hand in front of your face. A bit like the UK in the 1956 before the clean air act (not that I was around for that I hasten to add).

We should bring in a comparable act to try and encourage the privatised water companies not turn our waterways and sea shores into sewers. Hold on, they already have!

TDT