Asiamet Resources Share Discussion Threads

[charles clore] 11/1/2017 13:32

Seemingly tracking copper, and rightly so.

[mr roper] 11/1/2017 13:30

I've a feeling this will finish blue..
All short term indicators pointing green for go!
hxxps://www.investing.com/equities/kalimantan-gold-corp-technical

[mr roper] 11/1/2017 11:04

would make sense, 2lb.

[2lb] 11/1/2017 10:01

I think there is a big sell order being worked through today - keep an eye on the trades.

[mr roper] 10/1/2017 20:10

I suspect emr will be involved. 100m bucks or so would be pretty straightforward for them although most likely they would take a smaller part and syndicate the overall raise.

[knobbly] 10/1/2017 19:53

When I met TM he suggested that the feasibility study and funding weren't serial activities - that is the quest for funding could well start before the FS has concluded.

[2lb] 10/1/2017 18:59

With the BFS in hand the funding would be quick IMO as all likely backers will already be in play now and are just waiting for the study to come off the press then the bidding commences

[the manini] 10/1/2017 18:27

Production was stated as end of 2018/early 2019 so that's a year on from the end of the BFS pencilled in for November 2017.

[cyberbub] 10/1/2017 17:54

The best hope for a quick gain is a takeover IMO, which I think is very possible. I can't honestly see 30p realistically, but (personally) I would be very happy with the 20p range... an 8-bagger from here :-)NAI

[cyberbub] 10/1/2017 17:51

4492How would the BFS be only a year away from production? Surely the BFS would then need to be followed by major fundraising (say 6 months) and then at least a year (probably more like 18 months+) to build the plant?I could see some early pilot production by 2018 perhaps, or export of DSO if the Indonesians would allow it.I hold here and am very positive but we need to be realistic about the production date?Have I got anything wrong?

[mr roper] 10/1/2017 17:10

Solid day. Good vol. up near 5% and copper strong as well. Just need a strike in Chile at the eom to really get the ball rolling

[2lb] 10/1/2017 16:25

Are you suggesting ARS tracks the price of copper? Have you been here long ? :-)

[the manini] 10/1/2017 16:20

Tony's no mug he knows the value of what we have!

[the manini] 10/1/2017 16:18

Oh sorry 2lb I've just reread your post, 'at this stage' so I wonder what price he would put on it after completion of BFS...?

[the manini] 10/1/2017 16:16

Ok so $300 million dollars = around 40p per share. Better but I'd still rather wait and let TM build another Oxiana which is what I'm convinced he can and will do

[the manini] 10/1/2017 16:12

Let's say we got offered the 30p after completion of BFS which is slated for November this year. That's roughly only a year (or less) away from production. Where we'll have circa $50 million free cash flow per year and both BK and it's associated areas expanded and Beutong progressed and with cash to really push it on. For all that I say 30p is too cheap, I'd vote against it. Give this 2 or 3 years and we'll be comfortably above 30p for the assets and management we have.

[2lb] 10/1/2017 16:05

The figure he said when directly asked (by me and a couple of others in Bham) was $300m at this stage of the company life.

[the manini] 10/1/2017 16:00

TM has stated he wouldn't let it go for less than 30p

[cyberbub] 10/1/2017 15:40

I don't think we would get 30p a share before the BFS is complete. But we might get a 15p cheeky offer in the next few months? I just don't want to see any dubious dealings and we get stolen for under 10p...In any case 2.5p is very cheap IMO.GLA NAI

[mr roper] 10/1/2017 15:23

Charles it would be tremendous.
I think we should get another tick up before the close

[maverick247] 10/1/2017 15:21

Late 2018 i believe but at that point the share price should be in double figuresCatalysts coming from nowBkm resource updateKsk further zones drillingLicenses importantly 100,000t pa beutongBkm bfs completion h2Gold asset potential saleAnd lots more to boot

[charles clore] 10/1/2017 15:18

Wouldn't that be nice? No decisions as to when or how many to sell on the way up. Just boom, along comes an offer on the table for 30p a share. Magic!

[ap1982] 10/1/2017 15:16

When is Manini planning to get some metal out of the ground?