Asiamet Resources Share Discussion Threads

[dannydunk0161] 16/11/2016 16:06

At the start of yesterday's vox markets podcast Tony introduces bkm as a 25000oz heap leach solvent extraction copper project. That tells me he's very confident it's heap leachable?

[2lb] 16/11/2016 13:22

I'm expecting that by end of this month

[richsmithsmith] 16/11/2016 13:13

Yes. When Tony did his investor meetup (3 weeks ago?) he mentioned that the material was in Australia being tested. From his tone he sounded very confident that the 85% would be improved upon. Don't know how much or when they can tell us... on the project plan it's next couple of weeks I think.

[2lb] 16/11/2016 13:12

Heap leech results were due "shortly" in RNS 15th September

[red army] 16/11/2016 13:11

If I had a penny for every poster trying to second guess on speculation with this stock and many others I would be very rich. Remember you are generally told about the winners and not the many losers that have gone nowhere.
This one does have potential but potential needs to turn into a profitable operation.
Still holding for the long term and no unrealistic expectation.

[angus thermopyle] 16/11/2016 12:59

Were they carrying out a heap leach test recently? Was there any news on that? I don't recall any mention of it in that interview unless I missed it.

[tromso1] 16/11/2016 11:57

From 2.9p buy price to 100p is still a very impressive 34.4x upside.

Quite a thought that each £1k invested could become £34.4k.

[cyberbub] 16/11/2016 11:14

I doubt we will get to full production without any further dilution. I am working on the basis of 1bn shares being likely. There is also the USD exchange rate to consider in the future. But even then, the share price could easily reach 100p+ in due course, for people willing to wait IMO.

[tromso1] 16/11/2016 11:12

£1.29 a share would be not bad upside from the current 2.85p!

[tromso1] 16/11/2016 10:28

The numbers here really are quite staggering.

From 10:44 worth listening to in this recent interview:



Tony Manini, chief executive of Asiamet Resources Limited (LON:ARS, CVE:ARS) says, "We've definitively got the assets here to create a business that's worth many hundreds of millions if not billions of dollars."

[tromso1] 16/11/2016 10:11

VSA says shares are a buy and reckons they're worth 6.2p

[2lb] 16/11/2016 10:09

Plenty of buyers around piglet, just sensibly waiting for any short terms sells to provide any buying opportunities.

Too much support and interest now to drop from these levels and with so much to come over the next couple of months selling will also reduce.

I would gladly buy another few million at 2.2!

[gary38] 16/11/2016 10:09

Potential support at 3 with potential new resistance at 3.5

[pyglet] 16/11/2016 09:47

Oh hum back to 2.2 p area I suppose. Ridiculous

[littlemadam] 16/11/2016 09:32

Sheena. I apologise, seen you mention your holding on copl bb.
I too am holding long term.

[littlemadam] 15/11/2016 22:26

Ayesha4
Yes we know... bla bla bla. Just so you can sell your 50000 shares and make £100 profit. Warren Buffet eat your heart out.

[ayesha4] 15/11/2016 19:22

This really should be 6p plus right now - i wouldnt be surprised if it shot up there sharpish

[adorling] 15/11/2016 18:26

I would encourage everyone to listen to this Tony Manini update on ARS - it is inspirational and has got to be one of the best risk reward plays on AIM. This guy took Oxiana from $3 million market cap to eventual sale at $6 billion (yes billion) in less than 8 years.

If you want one of those investments that could truly change your life then ARS just might be that investment to deliver that for you in a 3-8 year timeline IMHO.

I hold 5 million shares (acquired over a 14 month period) so I am not here to "pump" for any short term gain for those thinking that. I am here to see ARS eventually sold for somewhere over $2 billion - our market cap today is $20 million ..... go figure what that will mean for those truly patient investors?

[mr roper] 15/11/2016 16:40

Charles, yes he did say <1 as well. Staggering. Should lead to lower significantly lower cost.

[charles clore] 15/11/2016 16:24

Mr Roper15 Nov '16 - 13:16 - 3660 of 3671 1 0
did he just say strip ratio of 1:1! Remarkable..

"Producing copper on site, not sending to a smelter or refiner. Obtaining full value for the product"

Yes a strip ratio of 1:1 is remarkable indeed. This is what surface miners dread and can send costs spiralling but not here. Also did I read somewhere the ratio will at times be <1? Phew amazing!

Come on baby one last push before bedtime and get us over 3p!

[tromso1] 15/11/2016 16:20

It can certainly move pretty quickly once the volume ramps up as per the move back in March and April.

[mr roper] 15/11/2016 16:17

TM, double from here would get us close to 50% of what it's worth just now.

[the macallan] 15/11/2016 16:14

Could well double from here in short order. Justified ramp!