Asiamet Resources Share Discussion Threads

[mr roper] 21/9/2016 11:16

lol..Jak. Indeed, Zak, the broken clock..

[jackbal] 21/9/2016 11:10

If you throw enough mud at the wall Mr R!

[richsmithsmith] 21/9/2016 10:55

On the move today

[mr roper] 21/9/2016 10:43

indeed it is....Zak Mir will be delighted, he might even be right for once..lol

[oilbuy] 21/9/2016 10:21

Ceacking chart. Set up the same as the last breakout

[red army] 21/9/2016 10:09

According to the charts a breakout is imminent.

[mr roper] 20/9/2016 10:46

lol, 2LB...licenses will be confirmed.."shortly", heap leach study results to be confirmed "shortly", more bkm drill results due "shortly"...I'm sure there are a few others...

[2lb] 20/9/2016 09:27

I have decided to add to my holding in advance of the licence confirmations.

I shall be doing so shortly.....

[mr roper] 19/9/2016 17:14

saying that we should be getting the first results of the heap leaching.."shortly"..lol

[richsmithsmith] 19/9/2016 17:05

Mr Roper... good idea. That presentation does need updating and I thought it was the new hire's job (Steve) to produce one asap ???

[richsmithsmith] 19/9/2016 17:02

TM - who knows what fair value is.... but from what I've heard/seen 'the market' values these early projects at 2 cents to every pound of copper in the ground. I don't know the formula for gold or the other metals.

[mr roper] 19/9/2016 16:58

Agree, Rich. Would like to see an updated corporate presentation with some half sensible dates in it. Might drop the company a line.

Podcast will only make sense if TM has some big news in the pipe...but agreed. Would be good just for an update.

[richsmithsmith] 19/9/2016 16:53

Me too Mr R... anything above 2.5p I'm in the blue :) Not heard an update from the horses mouth for a while... I guess we're due a podcast (I know Vox are a big fan of Asiamet) before the resource upgrade.

[mr roper] 19/9/2016 15:19

i'd be happy to see 4p soon, never mind 14p!

Anyone spoken to the company lately to see where we are with the license conversion?

[the manini] 19/9/2016 14:58

So with both licences in place for Beutong and Jelai you're saying about 14p fair value..

[richsmithsmith] 16/9/2016 20:57

I heard Tony say in a podcast that these projects in their very early stages are valued at 2 cents (US) to the pound of copper in the ground. As the project progresses into development it's 8 cents and then production is 15 cents plus....

If you work out all the pounds of copper in the ground for BKM (888M Lbs) and multiply by 2 cents you get £13.6 M market cap.

If you do the same for Beutong (5.3bn Lbs) you get £81.4 M (13 p a share).

[2lb] 16/9/2016 16:40

Whilst that is interesting, it is also nearly 4 months old and as each day passes the fraction of doubt can only increase which may explain some chunky selling this week.

ARS have brought this situation on themselves with their constant "just routine" and "shortly" narrative , which I am sure is always said in good faith.

On the plus side this means that Beutong and Jelai are excluded from the share price as ARS has effectively no asset title to them until the exploration licenses are confirmed.

So, BKM apparently = 2.3p and we know Beutong = >3 x BKM then add a penny for Jelai means share price on confirmation will be over 10p right??

[mr roper] 16/9/2016 12:43

thanks Rich

[maverick247] 16/9/2016 12:21

Hence the share price price Ayesha! You have to be patient and look forward using the presentation timelines. If you dont buy into those then you probably bought the wrong share for your investment horizonHaving been on two calls now with Tony Im very certain of how Asiamet will progressively re-rate - licenses can come whenever, the focus now is BKM and that alone commands an mcap of x4 from here at this stage of the projectBut the market will choose to react when it does!

[knobbly] 16/9/2016 11:19

Cyberbub. Which board?

[cyberbub] 16/9/2016 11:13

Can't copy it on my mobile. Just have a look at the other board... very useful clarification...

[mr roper] 16/9/2016 10:40

can you post it up cyberbub?

[cyberbub] 16/9/2016 10:32

Nice post from Maverick on the other board.