Asiamet Resources Share Discussion Threads

[angus thermopyle] 03/11/2016 11:44

Who the hell just sold £82 worth of shares. :)

Things must be bad.

[mr roper] 03/11/2016 09:57

unexpect the expected

[2lb] 03/11/2016 09:57

Littlemadam - I have made my thoughts very clear to the relevant parties. I don't believe we will see a repeat of the process that resulted in this wording being released essentially unchecked.

[gary38] 03/11/2016 09:52

Looks like we will be back up and moving higher next week as by the daily chart the MMs and brokers have taken out a couple of major sell stops as the drop was for unnecessary wording of rns not for any change in fundamentals.

[littlemadam] 03/11/2016 09:44

adorling & 2LB can you e-mail Tony Manini with the points you make about the rns. I have done so (politely) and he always takes note of what is said and he will respond. The more shareholders who point out the shortcomings of the rns the better.

[2lb] 03/11/2016 09:09

Frustrating indeed adorling.

In general I like the approach of just getting on with the job, avoiding dilution etc but the messaging is so poor sometimes it beggars belief.

At least it means that those who have carried out copious research can just roll their eyes at it whilst speculators will simply move on to the next small cap.

I'm sure our day will come, firstly to get back over the last placement price at 3.1p and then to build on BKM upgrade and approach to BFS

License at Beutong still the catalyst for everything as it will bring in partners, JV, funds at a premium etc......

[adorling] 03/11/2016 08:50

Really frustrating to see this retreat after the poorly worded RNS. Tony/Sasha, ARS have to learn from these releases and know the mentality of many short term AIM traders will look to sell out knowing they can always buy back in again at a lower price. We have seen this trend for nearly a year now. I am one of many long term investors (holding 5 million shares) who hold these concerns and want to see a much more informed approach to RNS releases and wording.

[horneblower] 02/11/2016 21:37

So long as it doesn't continue on down we still have a chart pattern of rising highs and lows. Bullish!

[littlemadam] 02/11/2016 18:16

I think we all agree that the long term story here is a good one. What some of us are upset about is the badly-worded rns put out today.
I don't know what these PR people charge but if I was TM I would be demanding an apology and a refund.

[maverick247] 02/11/2016 12:30

Clearly there is no issue as per usual the RNS is conservative in line with TSXguidelines the sooner we het off TSX and onto an Indo exchange the better which i believe ARS intend to do.Additional buy op again offered also i should imagine by the the US political situationOther than that nothing changed here and exciting company with excellent catalysts ahead for us.

[ryry0707] 02/11/2016 11:49

Littlemadam, pls can you let us know his response. Thanks

[littlemadam] 02/11/2016 10:52

Agreed.badly worded. Gives the distinct impression that ARS are in difficulty and I have mailed TM to say so.
I asked if perhaps he had not seen the rns prior to issue and that an amended rns might be in order.

[knobbly] 02/11/2016 10:51

Spot on horneblower.

This is a long play, and for me an opportunity to top up.
Just hoping it dips a little lower first :)

[trigger blade] 02/11/2016 10:40

I don't think anybody's disagreed with what's been done HB, it's just been sold in a way that hasn't been very well thought out way that suggest a bit of naivety in the PR area.

Announcement of licences is surely what will improve things share price wise, I hope they aren't a year to 18 months away, I'd hope for "shortly" ;-)

[horneblower] 02/11/2016 10:12

Oh, come on.
The copper price is still extremely low and it will be a year to 18months before things improve.
This is a long play and the management is being prudent with our cashflow.
Give them a break.

[mr roper] 02/11/2016 10:08

Hoping TM gets on VoxMarkets to do some PR. This is a boot in the balls.

[charles clore] 02/11/2016 09:46

It's a complete cop out imho and the author of that RNS should be ashamed of himself.

[mr roper] 02/11/2016 09:43

completely agree with the posts above. TM comes in and talking about x numbers of interested investors at BKM and Beutong, some ready to talk terms and then drops an RNS on his way home that mentions difficult market conditions...WTF!

[trigger blade] 02/11/2016 09:39

That's exactly the thought I just had.

It's hard to reconcile the portrayal of TM as a genius with the person who authorises that sort of RNS. Even I can work out it won't send the share price into orbit.

I don't even know what sort of difficult market conditions he's referring to, but I am a bit thick :-)

[impvesta] 02/11/2016 09:38

Hopefully not deliberately self inflicted in order to get a fund raising away at a premium to a newly lowered current share price.

[mr roper] 02/11/2016 09:35

why do I feel we make one step forward and two steps back.. This is completely self inflicted.

[impvesta] 02/11/2016 09:34

"Mr Roper2 Nov '16 - 09:01 - 3317 of 3319 0 0
TM really needs some help wording those RNS."

Agreed. That is the first black mark I have awarded to Tony Manini. Why not go for the angle that employees are so excited about future prospects that they prefer to take share options rather than bonus?

I thought the emphasis was on the company being in the right place at the right time, rather than that it is facing difficult market conditions.

[ayesha4] 02/11/2016 09:05

No he didnt and he shouldnt use those terms as they are completely unnecessary.