Asiamet Resources Share Discussion Threads

[mr roper] 14/2/2017 18:38

Welcome aboard, Mira. More fun here than the Kurd dog anyway.

[maverick247] 14/2/2017 18:30

I bought another 90024 today and couldnt buy for 10 mins in the end i had to do it on a limit order which filled at 5.37I think there is deffo a shortage of stock available Will be interesting to see how we go rest of the week

[mirabeau] 14/2/2017 18:10

I've been buying of late. I added 31000 today @ 5.3p. I was trying to buy online from 4.9p and the market would not let me have them. I tried at least 10x and nothing. Eventually they relented and they offered me them at 5.3p. That may or may not suggest a shortage of stock but I only wanted 31k shares so probably not much stock around or they may have been filling orders (which I suspect they may have been doing)

With SOLG, MARL and ARS in the bag I feel comfy

[cyberbub] 14/2/2017 17:47

Thanks for running the thread Horneblower, it's been very useful, and a good ride so far. I was looking at ARS around 1.3p last year but was going through some personal problems at that time and couldn't invest. My average is twice that figure now, but I'm still happy...GLA

[horneblower] 14/2/2017 17:29

By the way, I have changed the 1st chart from 5 years to 7 years to show how high the price has been.

[horneblower] 14/2/2017 17:28

I completely agree with you about the under-valuation. I started this thread with the intention of highlighting that very fact (the price was 1.15p then).
I just hope we don't shoot up too fast and then fall too far back again.

[sos100] 14/2/2017 16:54

Patience is finally paying off with this..

I really think 20-25p is a realistic target for 2019 ,the beutong production licence might have actually come through by then

[horneblower] 14/2/2017 16:48

Looks like you were right cyber.
Great stuff.
On to 7 to 8p.

[ianbag] 14/2/2017 16:33

Oh well close at day high - clear 6p tomorrow

[charles clore] 14/2/2017 16:31

People who sold yesterday hoping to buy back lower may have got badly burnt!

[scarymonster] 14/2/2017 16:26

Cheers Dorset. Wanted some in my sipp as already have some mostly in my isa from November.

Was fortunate to have a small pension pot I'd forgotten about from an avc I did in the distant past. Timing could have been better but it's for the long haul.


Got £5k left in the sipp to play with so just need something with ten bag potential for that lol.

[ianbag] 14/2/2017 16:26

close at or above 5.5p would be good

[dorset64] 14/2/2017 16:16

Welcome aboard scary monster.

[scarymonster] 14/2/2017 16:13

Job done. 250k not shown up yet then had to buy in smaller amounts as would not let me buy another 250k in one go.

[scarymonster] 14/2/2017 15:41

I guess if I had millions at 1p I may be freeing up some spending money right now and leaving a core for the journey. I can only dream. :)

Sell some more I need 5p ;)

[2lb] 14/2/2017 15:30

looks that way cyberbub - half decent profits to be taken for the few......

[cyberbub] 14/2/2017 15:22

Hmm... someone is still selling... relatively low volume but persistent...

[scarymonster] 14/2/2017 15:17

Sipp is now funded so need to decide do I wait for a pull back or just go for it. If we go over 6p I won't be able to buy the 500k shares I would like in there for the long term. This morning would have been a great time but was fast asleep after night shift. :)

[cyberbub] 14/2/2017 15:03

Need to break through the intra day resistance we saw last Friday morning, at about 5.5p ish?

[cyberbub] 14/2/2017 15:01

Personally I have said previously that I think we could hit 7 - 8p on this leg.Remember that 7-8p would still be less in market cap than has been invested in exploration and development so far...Just my opinion, no crystal ball...

[charles clore] 14/2/2017 14:55

Price held down lower for selected friends, now back on track for 6p in short order.

[rapiddave] 14/2/2017 14:22

The gap will close, 25p target for Summer. Partner deal coming soon I think, funding discussions "Significantly advanced" in Tony's words in the last RNS

[maverick247] 14/2/2017 12:36

Look at bky mcap £160m and with the copper run and resource update we could see a similar npv for bkm on its own!Ars mcap £30mSo you could argue 25p based just on bkm if the npv is revised up to that levelThe disparity is clear

[2lb] 14/2/2017 12:04

Too many variables to pin it down really

Fair price for the money "in the ground" right now would be around 12p by my numbers.

Full set of production licenses would double it overnight.

Funding level at BKM BFS should be in the 15p-20p bracket

Copper price going in our favour

Copper market going in our favour.

Locality going in our favour.

BKM at full production, which isn't that far away in the scheme of mine development, would be much bigger than CAML (25k v 14k pa) and look at their MCAP......