Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
https://decrypt.co/119342/bitcoin-miners-hodlers-back-in-black
Well people are buying because this is now a pure gamble on whether or not some kind of rescue package ultimately materialises .
Maybe the BTC launches off into stratosphere after Christmas...who knows...if so maybe that will help Argo rise from the ashes...maybe.
So it's all maybe's and what if's....at the end of the day I've mentally written off my investment here, but would of course be delighted if I were to be proved wrong.
For clarity my above opinion didn't prevent me buying a few more this morning for old times sake !!.
That was a useful, well balanced appraisal of the current situation I thought.
"paper loss" = "paper loss"
It's a paper loss until he sells ... and he's not selling.
Neither am I.
Boris Johnson invited to Scarborough for talks over future of Sirius Minerals
Sorry I know I shouldn't post this here ... but it's an excellent charity if you do have a £1 to spare.
https://www.facebook.com/flyingseagulls/videos/257157111834306/
Sorry I know I shouldn't post post this here ... but it's an excellent charity if do have a £1 to spare.
https://www.facebook.com/flyingseagulls/videos/257157111834306
https://www.minexfareast.com/2019/en/minex-exhibitors/ig-group-2/
The IG Group has been exploring, making greenfield gold and copper discoveries, and providing highest quality exploration services to the Russian Minerals industry since 2004. Initially part of the Lundin Group, IG Group completed a management buy-out of Lundin assets in 2009 forming IG Copper as its exploration arm, and Kolymageo as a drilling and exploration services provider.
The IG Team has made two greenfield discoveries since Russian operations began in 2004. The first, the Svetloye High Sulfidation Epithermal Gold Deposit contains approximately 1,3 million ounces (39 tonnes) of gold and was listed on the Russian State Balance of Reserves in 2007. Svetloye was subsequently sold to Polymetal Corporation in 2009. The deposit is currently in production with listed gold production of 135 thousand ounces (4-tons) of gold in 2018. The second greenfield discovery was the World Class Malmyzh Copper-Gold Porphyry Deposit and was listed on the State Balance of Reserves in 2014. Malmyzh contains in excess of 1,4 billion tones or ore containing 7,23 million tones of copper equivalent metal (921 tones gold equivalent metal). The deposit was sold to Russian Copper Company in 2018 and is currently in advanced exploration/pre-development.
The IG Group is a collection of private stock companies and consists of three mineral exploration companies and one drilling and exploration services company in the Russian Far East with additional companies and projects in Mongolia and the United States. The company is headed by Thomas Bowens the President and CEO. Mr Bowens is a Certified Professional Geologist (AIPG) with over 27 years in the international exploration business. Mr Bowens has degrees in Economics, Geological Engineering (Magna Cum Laude) and a Masters in Geology, the latter two from the Colorado School of Mines.
The IG Group of Companies’ Russian operations combines a talented and professional Russian staff with project selected international technical consultants and the latest in industry technologies in order to rapidly advance from concept, through exploration, to discovery. Additionally through our Kolymageo services company, the IG Group provides this same innovation and talented technical team to the wider mining and exploration industry throughout the Russian Federation.
IG Group, On Time – On Target!
http://igcopper.net/
That's the moto of IG Group headed by Thomas Bowens .
I see the company was exhibiting recently..
https://www.minexfareast.com/2019/en/minex-exhibitors/
I'm certainly pleased that Mr Bowens is on our board. His vast experience and connections should prove invaluable to Amur.
And from our website..
https://amurminerals.com/events/
8-10 October 2019
MINEX Russia 2019 (Moscow)
Tom Bowens will be attending the 15th Minex forum. The 2019 theme is “Foresight of the Russian Mining and Exploration Industry Development.” The Forum will offer an international platform for addressing challenges and prospects for subsoil use development in the era of digitalisation of the economy, growth of demand for strategic metals and minerals, and the transformation of the mining industry.
https://www.mining.com/ramu-sparks-fresh-nickel-price-high-amid-tightest-market-in-decade/
Hi Steve,
Pleased to see you're still here too....:-).
I've always liked reading your cheery posts even (or especially) when there's been times with not much to celebrate.
As I see it there's a ''Perfect Storm'' brewing for Nickel and Amur but in a positive not negative way.
If ever there was an approaching climate to get our mine developed then surely the ever surging EV battery demand coupled with the latest Indonesian ban must be it .
Let's see how things go from here but with Korea and especially China close by looking for a large source of Nickel then Amur ought to be well and truly in their sights.
I'm personally waiting for an update on this RNS regarding the access road....The road is the key without it the door stays locked/or just ajar.
https://www.lse.co.uk/rns/AMC/amur-minerals-corp-access-road-capital-cost-update--re79vd3lb2m7tzw.html
FWIW holding twice as much share wise as I've ever held, adding before the recent 7.5m purchase by Tom Bowens which I was very pleased to see.
Yes we've been here many a long year....RY has done very well to get us to this point ...we may not have to wait much longer to find out what the future holds for us and the company.
Someone here the other day said they would be unhappy with anything less than 80p a share ... well my personal range is 50p - £1......so as possibly the end game approaches we'll find out.
Good luck...
Zen1
TDT....
Yes the guy was just giving his view on the situation based on recent events in PNG and it's quite feasible the Indonesian authorities will be looking carefully at the new planned smelters if the tech is the same or similar to Ramu. This could possibly cause a delay in those projects coming on stream.
The $2 Billion Ramu mine has actually had quite a turbulent history as I'm sure you're aware.
The Indonesian ban and the problems in PNG may well be the catalyst that galvanises the Chinese into focusing much more on sources of Nickel closer to home.....sources with massive reserves.....like Amur Minerals.
Zen1
https://www.etftrends.com/alternatives-channel/nickel-etn-surges-on-indonesias-export-ban/
“All in all, 100,000 tons of refined nickel output will be lost, which will leave the market in a meaningful deficit,” Timothy Wood-Dow, an analyst at BMO Capital Markets, told the WSJ.
“It’s not just Indonesia,” Yao added. “All things are coming together to push nickel higher, not just fundamentally but also technically.”
Here...
https://www.lse.co.uk/rns/AMC/amur-minerals-corp-issue-of-equity--ofw8z2d85tecdmf.html