Asiamet Resources Share Discussion Threads

[knobbly] 15/9/2016 12:38

December 31st..... 2.3p

[2lb] 15/9/2016 11:48

Morning Rich.

That is seriously optimistic, but not impossible. I have watched CTAG go from 2p to 12p whilst we have gone from 2.3p to, well, 2.3p, all based on material updates and we could easily do the same when the "penny drops"

Hornblower, are you around to run a poll in the header?

[richsmithsmith] 15/9/2016 11:38

I thought about you this morning 2LB when I read the word 'shortly'. Made me smile.

Dec 31st... we'll be double digits. I'm going for 10p.

#optimist

[red army] 15/9/2016 11:24

Just watch the pump and dump merchants

[2lb] 15/9/2016 11:19

Morning Mr R.

It more just makes me roll my eyes than wind me up as I am resigned to the fact that it's just part of every ARS RNS now.

Zak has been saying "3.5p by month end" for three months, utter nonsense. This is a 100% news driven share that will spike on material updates and drift about in the hands of traders in the interim.

4.35p is a decent shout, and I'd be very happy with that. I would go for 3.75p based on some Jelai news and a BKM resource upgrade taking it up into the 4.5 range and then more selling off by short/medium terms holders bringing it back down. Still looking for double figures within 12 months.

[mr roper] 15/9/2016 10:43

LOL, 2LB.. when i saw the "shortly" in the RNS I thought to myself, that might wind up a few folk...:0)

what's Zak spouting off about? Still waiting on his 3.5p from 3 mths back.

Dec 31 - 4.35p

[knobbly] 15/9/2016 08:27

Curious - at what level of Cu concentration (%) does it become uneconomical to leech. I notice that there has been quite a chunk identified at 0.49% (BKM32260-01)

[mr roper] 15/9/2016 07:59

"ARS is optimistic that a significant upgrade of the BKM Mineral Resource
to higher confidence levels will be realized through this drilling.
More importantly, it is anticipated that these results will further
reduce the already low strip ratio in the southern part of the BKM
deposit."

tremendous.

[sos100] 15/9/2016 07:13

more good drilling results from BKM.
Just need the production licences to be sorted for the other two projects,nothing different on that front.

"ARS is very pleased with the results received to date for the Resource
evaluation drilling being completed as part of the BKM feasibility
study. We are seeing excellent continuity of copper grade and thickness
within the existing Resource and extensions beyond the boundaries in
some areas. While extensive study work remains to be completed, the
consistently shallower nature of the mineralisation intersected to date
is expected to translate to an even lower strip ratio, and potentially
stronger economics, than outlined in the preliminary economic
assessment. The feasibility study on BKM is progressing to plan and
first results from the detailed heap leach test work are expected
shortly. In addition to the current feasibility work streams (Resource
drilling, heap leach testwork, geotechnical studies, and environmental
studies) our mine engineering and infrastructure studies are now ramping
up as expert consultants are engaged for each area of the study. We look
forward to progressively updating all stakeholders as the study advances
and our other corporate initiatives reach important milestones".

[red army] 08/9/2016 23:55

Initial target out of this pattern is 4p - pullback then all the way to 8p

[okidokicoki] 08/9/2016 23:05

agree but we in at the bottom sit on your hand and your on to a stonking winner here

[2lb] 08/9/2016 22:20

Wouldn't it just......

3p is still a farcical price....

[richsmithsmith] 08/9/2016 22:06

Should attract more buyer and push it back to 3p....What would be awesome is for news to break on the up swing pattern.

[red army] 08/9/2016 21:18

The share price is about to move out of triangle formation ant day now.

[cyberbub] 08/9/2016 13:43

There's the expected delayed sell, to offset all the buying... hopefully the seller will be exhausted soon... and then...

[knobbly] 08/9/2016 12:16

Something stirring...?

[richsmithsmith] 08/9/2016 11:04

nice... all buys today.

[aim0raider] 08/9/2016 10:05

Upward move set up lovely.

[cyberbub] 06/9/2016 11:03

It increased 14%, but only up to match the UK price. The TSX listing is very lightly traded so you can't read much into that price IMO.

[2lb] 06/9/2016 10:59

And down on AIM today.

Ho hum.

[richsmithsmith] 06/9/2016 08:41

This was up 14% on TSXV last night

[2lb] 05/9/2016 12:35

I am pretty confident TM will have been lining up buyers for the Jelai asset , and so that relies on having the full exploration license in order for a sale to take place. I would expect monetisation of that asset to result in a serious upward spike.

Same applies to potential Beutong partner agreements.