Amur Minerals RTO – what nonsense and misleading spivvery is this?

Shares in Amur Minerals (AMC) have been suspended today ahead of an RTO which is projected to go through on may 31. Expecting to be lambasted for fighting on behalf of cancer I have to ask what nonsense is this, spaffing £5.5 million on a business that is technically insolvent. I might not earn $305,000 a year like failed outgoing CEO Robin Young but I can afford an optician’s appointment and can thus see through what is a dreadful deal and an RNS which is downright misleading.

Amur Minerals (#AMC) – proposed reverse takeover of drug delivery technology company Extruded Pharmaceuticals

Amur Minerals (#AMC) – 2023 results and states “anticipates publishing an AIM Admission Document in May 2024”

Amur Minerals – a couple of things are niggling me as shareholder action group established

You may remember that Amur Minerals (AMC) spent decades trying to develop a nickel mine in the far East of Russia, the sort of frozen wastelands that look like a good spot for the Mother-in-law’s annual holiday. In the end it sold that license for $ 35 million after shareholders rejected an offer of $105 million in staged payments. I am unclear about a couple of matters.

Amur Minerals (#AMC) – “cessation” of possible offer discussions with Ascent Resources (#AST)

Amur Minerals (#AMC) – notes possible share offer from Ascent Resources (#AST), to consider the terms

Amur Minerals – 1.8p on the way in dividends on June 14 so why are the shares only 1.8p?

Thanks to my article HERE, Amur Minerals (AMC) was forced to put out a hasty statement on 24 May giving its investors on a proposed 1.8p per share dividend. The good news is that we now have a record date ( June 2), an ex dividend date (June 1) and a payment date (June 14). The bad news and uncertainty…

Amur Minerals – surely an RNS is due? What is disgraced Nomad SP Angel playing at? Is this a sure fire bargain?

On 14 March 2023 AIM sewer listed Amur Minerals (AMC) announced that it had received $35 million in hard moolah from the sale of its Kun-Manie asset and stated “The Company has previously announced that it will pay a special dividend of 1.8 pence per share to shareholders within 90 days of the receipt of funds. Further announcements in respect of the dividend dates will be made in due course.” Okay.

BREAKING: Amur Minerals announces sale of assets but not what was promised and buyer could/should be sanctioned

On 25 January Amur Minerals (AMC) announced that it was in talks to sell its Russian Mining assets “at an indicative price of up to £100 million.”  Today came the actual deal and it raises big questions. Let’s start with the price!

Amur Minerals (#AMC) – agreement for sale of Kun-Manie project for initial $15m, rising to $105m

Amur Minerals (#AMC) – reviewing options for lead Russian legal representation with its current such lead suspending operations there

Expose: AIM Casino listed Amur Minerals and the great director share buying spoof

On 17 April 2018 AIM wannabee miner Amur Minerals (AMC) announced to great fanfare a scheme whereby directors and other senior managers would collectively buy £5000 worth of shares a month for a year. At the time, wityh the shares at 4.5p to sell,  I wondered if it was a spoof. But as each monthly announcement of director share buying came out some folks were encouraged. Today, with the shares at 1.65p to sell, I demonstrate that this whole scheme was a spoof.

Amur Minerals (#AMC) – NED subscribes for £0.16m of new shares at 2.165p to provide funds

Amur Minerals (#AMC) – extension of death spiral facility maturity date, further advance of $0.5m

Amur Minerals (#AMC): 10.12am - another 3.6m bits of worthless confetti at 2.4p in death spiral conversion

Amur - Pathetic spoof

After 16 years of missing targets and ongoing dilution, AIM listed Amur Minerals (AMC) is still nowhere near actually building its mine in Eastern Russia and still does not have a single institutional shareholder. The only folks who still believe in this stock are mug punter private investors and that means the only funding available is via bucket shops or death spirals. Right now it is the latter and hence the shares are in a steady retreat - right now just 4.5p to sell. At this rate, losing 1p a month, the shares will be trending towards zero by the summer so its time to panic and go into mega spoof.

Amur Minerals (#AMC) – $10m “convertible loan” (death spiral) funding

Amur Minerals (#AMC) – Kun-Manie project drilling update, “extremely pleased” with progress

Amur Minerals (#AMC) drilling update on Kubuk, bullish as ever - when's the placing?

Amur - am I missing something or is it giving away shares for free - how are the rampers doing?

Amur Minerals (AMC) was one of the great mining junior ramps of the past 12 months. With the Sith Lord Zak Mir and Justin the Clown leading the charge using bogus charting tomfoolery and soft interviews with the CEO Robin Young, the shares surged to 15p in December at the height of the rampfest. They are now 6.25p to sell and heading sharply lower. What say you rampers? How about "Tom Winnifrith's repeated bearcast warnings were spot on and Zak & Justin The Clown were talking 100% cock as usual?"