Asiamet Resources Share Discussion Threads

[adw198] 12/4/2024 16:23

“They have inbound interest in all of their assets, not just BKM”

They’ve been saying that for years. Might be true, might not be. The see through value argument hasnt gone away, it’s got twice as bad. A fair question remains why DOID walked away from the deal. If I was being asked to buy in that would be my first question.

[2lb] 12/4/2024 16:17

I can see $5 happening later this year and there are forecasts for $6 in 2025 and 2026 so not impossible.

In the backdrop something has to give here sooner or later.

Still need clarity on the permit situation before anything else....

[dorset64] 12/4/2024 15:51

I'm sure you pronounced the bod of Jadestone as a bunch of incompetent idiots and ones you could never trust again, no?

[rainyrain] 12/4/2024 14:00

Honestly $6 dollar copper would be pretty awesome. It's a case of when not if innit. This year would be lovely!

[rainyrain] 12/4/2024 13:52

Hopefully waiting on some kind of 'deal' to be struck, and permits, and for you lot to look mega stoopid....just my humble opinion like.

[mreasygoing] 12/4/2024 13:05

Copper to around $6 this year. Commodity rally has a long way to go. AIM stocks will lag but will play catch up later in the rally. Positioning and patience is key.

[adw198] 12/4/2024 12:07

Don’t Jadestone Energy have their own board where you can both debate this? Or just direct message each other?

Back to Asiamet…I̵7;d suggest nobody knows what we’re waiting for next. Probably another theoretical update about how they’d do something if they took it to production.
Hopefully coppers move will accelerate the DOID takeout.

[rainyrain] 12/4/2024 11:36

Watch and learn, kiddo. Just watch and learn.

[mount teide] 12/4/2024 11:03

'Continue to hold Jadestone Energy, as the company and sector fundamentals, and long industry experience, strongly suggests the operational difficulties the company experienced over the last 18 months are now behind the management, and on the balance of probabilities, is likely to see the valuation strongly rerate once the stock returns from its RTO trading suspension, whether the deal completes or not.'

Jadestone Energy returned from trading suspension mid morning yesterday - is up 26% in less than 24hrs. As suggested last week, the market seems to like the operational and financial progress made since the stock was suspended for a RTO, AND like me, the fact that the seller has decided the three competing interests ALL had a much lower view of what they were prepared to pay for the assets, and so elected to pull the divestment.

[rainyrain] 08/4/2024 09:24

A lot more than the current MC I'd say. Only six holes drilled into the gold and silver so need a lot more. But they did mention excellent continuity from section ro section, which is what you want to read regarding drilling.

How much is a million ounces of gold worth? That's just a guess at the amount of gold, and all imho!

Also worth noting that disastrous Manini deal was circa four years ago at the height of an unknown pandemic, and now we have a new and energised CEO running things.

All imho please DYOR.

[dav37] 08/4/2024 08:15

I wonder what our silver and gold credits are worth now at KSK? and if it can help with the funding of the mine

[rainyrain] 06/4/2024 13:24

Cheers Napoleon mate. I would appreciate it if the whole MT fan boy club would put me on filter. Especially the 5 or 6 ultra fan boys who like his posts within 30 seconds. Cheers fellas.

[rainyrain] 06/4/2024 10:25

MT his given countless posts about Manini, yet Yasx says about MT'S beloved JSE boss:

"What PB has shown with Montara is effective planning, operational excellence and assessing financial risk are not his strong points".

LoL got to laugh at MT going heavy on Montara LoL !!!

[rainyrain] 06/4/2024 09:51

It seems to me that looking at the results you've published, you're literally the best oil trader in the world. By some margin, and no one in history has any chance of getting close to you. So fair play on that fella! Imho!

[rainyrain] 06/4/2024 09:35

Just my humble opinion MT but saying you're only 32% down on Jadestone? Are you taking that material on tour fella? I know you've got a planet sized ego mate but come on! All imho fella !

[rainyrain] 06/4/2024 08:33

Now your reasoning for your atrocious copper price prediction MT may have been the your boy is a city slicker pin stripe Gordon Gekko hotshot. Well I'm a flip flop wearing beach bum and it seems I got it right in the end, kiddo! LoL!!

[rainyrain] 05/4/2024 18:00

Back on topic: allegedly smelters in Asia are now charging only $2.30 a ton ! Imho but DYOR !

[rainyrain] 05/4/2024 17:22

Adw198 you could talk a glass eye to sleep fella. Go down to the harbour with Mount Teide and a box full of pritt sticks and tippex for his boats.

[rainyrain] 05/4/2024 17:14

Awww please don't filter me. I could do with some advice on buying a boat with a great big hole in it!

As an aside, lovely looking weekly candle on copper!

[mount teide] 05/4/2024 17:02

If thats the best you can do - I'll take that as game, set and match.

RR - filtered

[rainyrain] 05/4/2024 16:59

Underwater? I suspect you're somewhere in the Mariana Trench, kiddo! Don't come on here giving it the large when you said copper is going to nosedive and you went balls deep into HMS Colander!

[mount teide] 05/4/2024 16:04

RR - Equity investing is about making money, something you and Bradshaw - the latest Manini shill/propagandist to grace Advfn with your equity investment 'wisdom' - seem to have little idea of how to achieve, if your posts are a reliable guide.

Unlike you, as one of the few on Advfn to publish all new positions or whenever I sell down/out, my equity investment performance record is completely transparent and there to be shot at.

Entirely predictably, you pick one of the currently underwater holdings from my portfolio.

The five energy sector investments brought during the last 2.5 years have returned a collective average capital gain of 129% even after accounting for the -70% Advanced Energy loss....against a -49% return for the AIM Energy Index.

While the two US listed shipping stocks bought during summer 22 have returned an average 93% capital gain including dividends.

Performance since first purchase to date:
+667% - Touchstone Exploration - sold down half at an average 840% profit.
+266% - Valeura Energy
+210% - Arrow Exp
+209% - Savannah Energy
+206% - Petrotal
+121% - Scorpio Tankers
+59% - Afentra
+35% - Star Bulk Carriers
-32% - Jadestone Energy
-70% - Advanced Energy (crystallised a loss after the failure of a very high COS binary drill)

A position in Southern Energy was exited very close to a break even average price.

4,200% - Clarkson(held for 22.5 of the 24.0 years since 2000) plus more than 8 times the purchase price in dividends.

Continue to hold Jadestone Energy, as the company and sector fundamentals, and long industry experience, strongly suggests the operational difficulties the company experienced over the last 18 months are now behind the management, and on the balance of probabilities, is likely to see the valuation strongly rerate once the stock returns from its RTO trading suspension, whether the deal completes or not.

Why the lack of portfolio diversification ? Its targeting the recovery stage of the latest Commodity/Shipping sector market cycle.

AIMHO/DYOR