Asiamet Resources Share Discussion Threads

[rainyrain] 07/5/2024 13:45

I like MCB project and keeping close eye on it. Just remember it's social, social, social. The most important aspect. Every project you need to be wanted and accepted not disliked!

MCB needs further drilling to get to measured category, then you can get ore reserves after that. Plus they only have a scoping study so maybe a pre feasibility then full feasibility?

Anyway production by early 2026 looks highly optimistic, on steroids, fella.

All imho DYOR!

[the count of monte_cristo] 07/5/2024 13:22

But weren't people saying something similar on here about a month ago...the world needs more copper and the MCB project has just been granted tge first mining permit in the Phillipines for 15 years. A signal from the government they want to get mine building.

[rainyrain] 07/5/2024 12:50

Monte Cristo: incorrect sorry fella. Im aware of Celcius and have knowledge regarding the Philippines.

MCB was ex Freeport project only had a Maiden resource estimate in 2021. Has indicated and inferred mineral resources which are not proven and probable ore reserves.

For me regarding Philippines if Tampakan goes ahead then that would be great, beast of a project almost 3 billion tonnes with gold and a plus 40 year life if I remember correctly!

But I'm not interested right now. Ask yourself why it has a circa 15 million market cap with two massive porphyrys LoL

All imho DYOR!

[the count of monte_cristo] 07/5/2024 12:08

rainyRain incorrect. Look at CLA, two large copper porphyries.....nobody has heard of them but it is listed on the LSE and ASX:)

[rainyrain] 07/5/2024 12:01

As I said that pheonix copper just released ore reserves. Only 66,467 kt contained copper tho, so I guess it sucks to be them, but fair play for getting to reserves at least.

[markth126] 07/5/2024 09:41

Looks to be on a run to 2p here

[rainyrain] 04/5/2024 09:06

Asiamet is up 91.5 % in the last month, and as far as I'm aware, it's the only AIM copper junior with an ore reserves statement?

Maybe the average AIM punter is starting to realise that an assay from a rock chip sample does not trump an ore reserves statement ROFLMFAO !

[jedi k] 03/5/2024 15:14

https://www.bloomberg.com/news/articles/2024-04-28/bhp-mega-bid-and-10-000-copper-expose-mining-s-biggest-problem?utm_source=website&utm_medium=share&utm_campaign=linkedin?sref=NGw7vsFm&embedded-checkout=true

[rainyrain] 03/5/2024 13:15

Yes, deffo more interest. Copper price needs to chill for a bit and hold $4.50 level. Slow and steady is better.

Oh, for Asiamet to become the "darling of AIM," imagine such a thing! Egg on face and humble pie all around, and on steroids to boot ROFLMFAO

[mostyn] 03/5/2024 13:03

Volume has been picking up recently and the last couple of days have been among the highest in the last 6 months. I suspect a few are positioning for the copper bull market, and are also aware of the recent comment from DM about the level of external interest in the projects/company. Having said that the chart is showing overbought, but I'm not sure yet whether this will signal a sell off, or just a consolidation around this level. Whatever the reason it's nice to see some interest.

[rainyrain] 03/5/2024 12:31

Do I detect a bit of 1970's hairdo volume? Does anyone reckon the Dazzler is working wonders behind the scenes, or will this be the standard AIM 'damp squib'.

[billthebank] 02/5/2024 08:53

Sorry but why the rush to buy today?

[deanoblues] 02/5/2024 08:50

People need to start jumping in now...before its too late ;-)

[2lb] 02/5/2024 07:59

Given their track records , those two are the last people you'd want around a negotiating table acting on your behalf. Manini will probably swap the assets for some magic beans on the promise they'll produce a money tree.........

[e-wan] 02/5/2024 07:20

It's fairly clear. ARS is rightly being judicious in its spending on employee resource..so the bulk of remaining optimisation and other work are being driven by DM. Yes, it's probably a fair challenge to say he is wearing a COO hat more than CEO currently (and more than he would wish) but my view from engaging with ARS direct is that it's a case of divide and conquer. TM and JD are very experienced in that space (as you know) and DM will be as involved as he needs to be

[adw198] 01/5/2024 22:11

“DM's role is to get the mine financed & up and running, nothing more, nothing less”

But JD and TM will lead the conversations about that very thing ;)

[adw198] 01/5/2024 22:10

I didn’t say DOID would be involved in itiial approaches mate. It doesn’t surprise me you again reach for a strawman to argue with.

I’ll stick with my view that DOID, with their Board representatives, are well place to assess other interest. The funny thing though is not that you disagree, but you find it laughable thats my view, ie you find it so far fetched to be mockable.

Loved the DM / JD / TM job descriptions though - just a shame you’re so weak in your convictions you can’t tell us who told you. Although that’s pretty obvious anyway. An absolute mark of a man, must be an IRs wet dream dealing with people like you :)

[dorset64] 01/5/2024 21:54

You really do need help Andrew. DM's role is to get the mine financed & up and running, nothing more, nothing less.It's TM's & JD's job to speak to anyone looking to buy a project or the whole company. I originally thought you were posting just for click bait but I was wrong, I actually think you haven't a clue to what you're talking about or posting. This is a nonsense discussion as Doid & all the other directors/non-execs would likely only get involved in the event of an offer and as to whether it is to be offered to shareholders. DM would have more involvement than most, and mire I'd suspect than the Doid board members and you stating that Doid members would be involved in any initial approaches is, imo, just ludicrous. Anyway, stupid conversation so my last reply to you on it.

[adw198] 01/5/2024 21:20

Claiming the CEO isn’t involved in discussions about getting finance / selling the business is illuminating in many ways. More great insight from Dorset :)

[adw198] 01/5/2024 19:43

I think DOID are well placed to assess any material interest.

You appeared to take issue with that, probably triggered by being asked who told you the people who were handling the interest. But then you conceded you did infact accept they’d have advance notice of serious interest.

So other than you telling me how wrong I , what are you actually disputing?

[dorset64] 01/5/2024 19:25

I honestly think you need help Andrew. JD & TM's role in the company is to deal with this sort of thing, ie incoming interest. TM's role in the company is to deal with designs/work on the ground and would not be in these meetings. Peter Chambers role is to with finance. Mathew Doube background is in gaining finance. There are also other directors and 4 or 5 non exec directors, I guess you believe they all are involved in talks with interested parties in fact, hey, why not have all the employees, shareholders and both my pet dogs involved too!

[adw198] 01/5/2024 18:55

Well my point is / was that DOID will have the inside view on alternative bids / interest. You’ve countered that by saying it’s all being dealt with James Deo and Tony. I’ve asked who told you that and true to form you can’t answer, instead once again calling me stupid because you can’t explain yourself. Whoever told you James and Tony were handling presumably told you what the CEO wasn’t involved, but again you won’t clarify. “Any interest will be dealt with by TM & JD” is something you’ve been told, but can’t dare answer by whom.

I stand by my contention that DOIDs presence on the Board means they can assess rival interest. If you think that’s wrong / clickbait / stupid then no problem. You’re obviously much too emotive here, blinded by having some emails answered by the paid for IR and / or the Telegram crew. If you think it’s working well for you keep it up mate 👍

[dorset64] 01/5/2024 17:52

Lol you know I'm nor saying that at all.Any interest will be dealt with by TM & JD, Doid guys would not be involved until such time there is an offer to discuss. Even you must surely understand that but I also accept that everything you post is either click bait or you really don't understand business at all, my guess is its the former.

[adw198] 01/5/2024 16:00

Sorry, are you saying a material interest / approach won’t be discussed at Board level?

Who told you that?