Following on from my previous post.....
Maybe AMC have a major card up their sleeve and are positioning themselves well for the changing times and task ahead of them...The appointment of the impressive experienced Senior Banker Adam Habib suggests they are exploring all avenues...
A progress update from Adam today.....and very impressive interview on Proactive Investor.
https://www.proactiveinvestors.co.uk/companies/news/922754/amur-minerals--adam-habib-outlines-progress-towards-teo-completion-and-offtake-discussions-922754.html
Potential further dilution and placing concerns put at ease and a welcome and positive updates regards securing an Off Take and the final destination of TEO and BFS (if not taken over by a major beforehand)
With a market Cap of just £12.78m and mine deposit worth billions.....(1.58 Million Tonne of Nickel x Current and rising market price of 12,418 USD Per Tonne) ....the reward for shareholders would be huge indeed....that is not pricing in the additional 20 million pounds of copper, 2000 ounces of gold and 25,000 ounces of silver.
The share price shot up to £0.40 back in 2015 when the Russian Government of Prime Minister Dmitry Medvedev approved the Company’s “Detailed Exploration and Mine Production Licence” for its Kun-Manie nickel copper sulphide deposit alone!......The 36 square kilometre licence is valid until December 2034.
Current Share Price = £0.014.....some figures suggest a takeover of company and asset could amount to anything up to £0.75+ per share.
We are now months away from 'End Game' and the ridiculously low current Share Price does not reflect the immense asset Amur Minerals have on their hands.
I think 5 years of unimpressive share performance has caused people to forget this.....all will be forgiven on final takeover.
It all now seems to be lining up nicely to reward those long term holders and especially those new investors willing to take the risk and get in at this very lower SP.
Seldom do you come across a chance for a return of multiples such as this.
GLA.
