Asiamet Resources Share Discussion Threads

[mr roper] 16/1/2017 08:43

indeed it is, 2LB...Nice start to the week.

[2lb] 16/1/2017 08:40

Full 2.8 paid

Starting to look a tad stronger.

[mike_f] 16/1/2017 08:07

Bought a few this morning! Looking forward to the BKM upgrade. If copper continues to rise it could have a profound affect on the share price IMO. GLA

[cyberbub] 14/1/2017 14:42

Yes there is plenty of water to run under the bridge until we get into production... we also need to see more reserves... although I think we will get them...Remember that a (say) GBP 500M market cap when in production in 2019 or 2020, will need to take into account how many shares are in issue then. Clearly there will be a lot more than 700M shares in issue after a major fundraising.. perhaps as many as 1.5B shares? although I hope less... so the share price could take until then to reach 30p... but I don't mind waiting 2 or 3 years for a 12-bagger :-)NAI

[mr roper] 14/1/2017 13:51

Key words are "potential" and "could". No guarantees with anything

[red army] 14/1/2017 13:31

Nothing is certain here so don't run away with these ideas of multibagging. One step at a time.

[charles clore] 14/1/2017 12:44

Mr R its not quite as simple as comparing outputs ant market caps as I am sure you know. However ARS does appear to offer remarkable potential for anyone getting in early, so to speak.

[mr roper] 14/1/2017 12:38

Worth having a look at Central Asia metals to see where we could be in 24 mths time here. They are currently producing 14000 tonnes of copper cathode a year, 30m cash, no debt and a market cap of 260m! We are planning to do 25000tonnes a year. Current mkt cap 18m. The potential here really is massive.

[mr roper] 14/1/2017 10:57

Cyber agreed.

[temmujin] 14/1/2017 10:52

on my watchlist

[cyberbub] 14/1/2017 09:47

I'm not expecting 20p in the short term that would be unrealistic. No company's board would approve a takeover at 20p when the share price is under 3p - they would be crucified by their own shareholders.However once a (presumably very positive, if the copper price is above $3) BFS is issued, if the share price is say 12p at that time, a 20p+ takeover starts to look increasingly feasible IMO.NAI

[mr roper] 14/1/2017 08:39

Scary, agree but if someone offered 20p now I'd find it hard to resist. Bird in the hand an all that

[scarymonster] 14/1/2017 08:24

I would rather wait for >30p, big disappointment if we get taken out for pennies to early.

[mr roper] 14/1/2017 06:13

Just need a strike in Chile to really get the show on the road re copper

Won't be long til the majors start looking at us...cheap takeaway becomes a higher risk.

[the manini] 13/1/2017 23:41

Coppers closed at 2.70763 according to IG markets..

[2lb] 13/1/2017 23:17

Peaked at 2.72 for a second , now back at 2.69 but looking very strong

[cyberbub] 13/1/2017 22:17

Not as far as I can see on Kitco?Quite possible next week - touch wood...

[richsmithsmith] 13/1/2017 22:00

Copper broke 2.7

[mr roper] 13/1/2017 19:42

2.69 for copper!if it breaks through 2.7, 3 should come quickly after

[mr roper] 13/1/2017 16:09

we're getting closer and closer to the big share price moves. If the copper breaks upwards to 3 bucks I suspect we're going to get a lot of interest from majors hunting cheap assets...

[mr roper] 13/1/2017 16:08

hope so, 2LB!

[2lb] 13/1/2017 15:57

Buys still flowing through.

I wonder if we will get the same sort of price movement pre BKM upgrade as we did pre BKM PEA - that was mental.....

[mr roper] 13/1/2017 15:56

that was close..

[mr roper] 13/1/2017 15:52

copper..whoooooshhhhhhh!! 2.70 must be tapped today

[richsmithsmith] 13/1/2017 15:28

And... was mentioned on sharepickers podcast today