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Wonder if this is where AMC is going next….
https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/chile-at-risk-of-missing-lithium-boom-amid-political-policy-instability-70712711
Could be…. But not with my money it isn’t. As soon as this gets anywhere near 2p I’m gone and will not be waving RY a find farewell. The man is a charlatan and has been a disaster for Amc. He was even happy to give it away in such a deal that would have given share holders nothing - Andy he said it was the best deal on offer. A few weeks later he came back with a better offer. Still pretty rubbish but certainly an improvement on the first deal, which would most likely have only seen himself and other Directors see any benefit at all. The man is not to be trusted.
Roger65= i echo your thoughts and will be doing the same!
@share.. could be mate, RY as done an excellent job in difficult circumstances in Russia but every country throughout the world will have challenges but should be a walk in the park compared to Russia. Lets see what they come up with.. J
Not sure it was an excellent job; they haven't had a clear strategy; if it was just to sell it as a licence with mining plans and data they could have done that years ago in a better environment
".....they could have done that years ago in a better environment...."
Really! And when would have been?
TDT
They shouldve moved the mine to Florida :-)
Any time after the licence was awarded...
Oh, you mean back in May 2015 when nickel was about $13,500/tonne and falling? At that point or anywhere after! And tell me, how do you see that happening with the price of nickel for most of the period since May 2015 being in the toilet?
rhmcinty, natural though it is to whinge when something doesn't play out they way you want the least you could try and do is make your whinge credible.
TDT
The resource was expanded various times over the years which would have mitigated the lower nickel price, the problem was there was no clear strategy, as i said of the intent was just to sell it for not very much without developing it they could have done so.
Nonsense.
TDT
There was 50m volume on 13 sept, what happened on that day.
Since that day its been falling..
Anyone any clue when this will or won't be passed by the Russian authorities??
Putin about to take land so october will be difficult, nato will react by more sanctions.
This is a chess game, putin will likely switch of the taps.
What will become of amur? Will it get passed? 5m for KM and 30m for what amc spent, its probably way more they spent.
Still less risky than THG I'd say though haha