Asiamet Resources Share Discussion Threads

[2lb] 16/12/2016 15:47

Yes, it's been a bizarre year - ARS has gone absolutely nowhere in terms of MCAP and yet has made huge strides in its journey from speculative explorer to mid-tier producer.

At some point it will go on a decent run but I have no idea exactly what it will take to spark that run other than the BKM resource upgrade which we now have to wait around 8 weeks longer for than first thought.

A BKM drilling update is definitely due as they are well over half way though the current BKM work schedule to deliver the magical new numbers, I would estimate at least 70% of the way through and with each update the news has improved.

I still genuinely think the Beutong license would double ARS overnight based on the pure basic fact that it is in the current price at ZERO and is FOUR times the size of the BKM main.

There is also the small matter of a shed load of Gold, Silver, Zinc and of course, Copper sitting in the many other portfolio assets

This time next year Rodney.......

[adorling] 16/12/2016 15:28

O/T - MRS 2LB yes more reassured thanks! Effectively we have another week for the Beutong Licence to be announced as cannot believe it will happen 28th-30th Dec so cannot understand any selling at this stage but then again we have become used to this ARS trend in 2016 despite significant progress in feasibility study.

[2lb] 16/12/2016 15:26

Not especially given the related price action over the past two months - copper up , ars down.

Also, the copper price is largely irrelevant other than there general trend in relation to the PEA target price of 3.25 end of 17 going into 18 and in that respect the trend is good.

[charles clore] 16/12/2016 15:21

Anyone notice the dumping seems to be in sympathy with the copper price?

[scarymonster] 16/12/2016 15:16

Cheers Mr R. :)

[mr roper] 16/12/2016 14:52

welcome to the club, scary!

[2lb] 16/12/2016 14:19

Hmm, another 500k dump

This is pretty special, even by ARS Friday pm standards......

Think I'll leave it until Monday.....

[scarymonster] 16/12/2016 14:02

Been travelling all morning and watching the price. Then (like someone else on here but I forget who) I have to wait for permission to trade from my employer. :/

Happy with my price and now at 1m shares. It may go a little lower but I can't screen watch for the rest of the day.


Buying 91,654 ASIAMET RESOURCES LTD USD0.01 (ARS)
Status:Executed
Price:£0.023475

...and breathe

[mr roper] 16/12/2016 13:25

end of Q1, I'm hoping for 6p to have been hit, 2LB. No reason it shouldn't be if TM delivers..

[2lb] 16/12/2016 13:18

Well, we could do with something

Ending the year at 2.3p is going to feel very flat indeed and will mean we basically haven't moved at all for 9 months.

On the plus side this has allowed many of us to build material shareholdings in anticipation of the company making notable advancements in 2017.

Patience remains the key here but over a year in and it can't be relied upon for too much longer......

[mr roper] 16/12/2016 12:49

Indeed, 2LB. Good to see the seller on a double shift pre Xmas holiday. I would have thought an ops update next week or explo update.

Beutong by year end...let's see....

[barneycosmo] 16/12/2016 12:41

Well done seans66.. I'm following the same strategy. I'm at 1.2 million shares and will continue to add when I can. Thankyou adorling for all the advice.

[2lb] 16/12/2016 12:39

Friday dump up at 435k this week, they must be Xmas shopping this weekend.

Surely an operational update in line with the placing book completion RNS on Tuesday?

Getting a bit tight on the Beutong license for this year as twice affirmed.

[mr roper] 16/12/2016 10:48

Good stuff, seans66, hopefully it'll be at 2-3 quid in 5 years.

[okidokicoki] 16/12/2016 10:46

Welcome seans66 we getting quite a few in the millionaires club now glad to have you aboard . Always good to see LTH buying up the shares.

[seans66] 16/12/2016 10:39

Just topped up to take me over 1 million shares. Will look to keep accumulating over next 12 months & hold for +5 years.

[mr roper] 16/12/2016 10:30

stage is set for you, scary. Are you waiting for the Friday 250k seller to bring it down a bit more? lol

[2lb] 16/12/2016 07:56

Morning adorling.

Peace has pretty much broken in between the relevant parties , accounts will be ready to go in a couple of weeks for a realist mid Jan and the revenues and profits for 2017 will be in excess of 100m and 10m respectively as the acquired businesses are flying. Usual fun and games on lifting of suspension but I can see it trading above 50p within a few months.....

[adorling] 16/12/2016 07:19

O/T - 2LB , why is MRS looking more rosy? I have 250,000 shares so could do with some rosy news on relisting!

[adorling] 16/12/2016 07:13

Scary - welcome to the ARS millionaire club!

[2lb] 15/12/2016 14:02

I think you'll be safe scarymonster.

Look forward to seeing the trade drop in.

My plan to add further remains scuppered by the MRS suspension but that is looking very rosy now so may be a blessing in disguise.....

[scarymonster] 15/12/2016 13:17

keep it under 2.5 for me pls I have 91654 shares to buy tomorrow to take me to 1m. :)