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

By Tom Winnifrith, the Sheriff of AIM | Monday 9 May 2022


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


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!

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