Asiamet Resources Share Discussion Threads

[richsmithsmith] 03/2/2017 13:40

Off she goes...

[scarymonster] 03/2/2017 13:39

Steady now, I've got another 500,000 to buy in my sipp. ;)

[cyberbub] 03/2/2017 12:30

Next leg up starting? Here's hoping...

[2lb] 03/2/2017 10:53

Great article , the 50m is pre TM so not relevant other than to show even more how much sunk cost we are currently getting the operational benefit of.

[mr roper] 03/2/2017 10:31

very good article, Rich. Cheers for that

[knobbly] 03/2/2017 10:29

RichySmithySmtithy,

Good artical and nice summary of ARS assets - thanks for posting.

[richsmithsmith] 03/2/2017 10:08

hxxps://ceo.ca/@pamplonatrader/bulls-eye-asiamet-resources

from the article...

"the company is trading at just 12-13% of the NPV of the near-production BKM project (~$204.3M).  When also accounting for the large Beutong Copper-Gold porphyry, it becomes clear the the company is being completely overlooked by the market."

its worth a read. Gives another view (January 30, 2017) of how undervalued this appears in relation to company assets.

... and all this is based on the PEA last year - anyone who's been reading the drill results last 12 months has worked out how much the resource upgrade will improve the asset(s) value next month.

[hawks11] 03/2/2017 08:13

I see the power hunters in France are looking at reducing the working week. If you follow a share like ARS you are virtually looking at a four day week, Monday to Thursday - go on ARS make me wrong.

[the manini] 02/2/2017 18:08

I think 3.1p is pretty solid support now Scary especially as news is due..

[scarymonster] 02/2/2017 17:57

Back below 3.00 tomorrow? Don't mind waiting a little longer as would like to take a position in my sipp. As I've only requested proceeds from another provider to be transferred to it today I'm guessing it could be a few weeks before I can actually buy. A couple of days ago I was wondering if I'd be paying 4.00+ by then.

[cyberbub] 02/2/2017 16:52

Roughly evenly balanced trading today. The real spread was 3.13 - 3.25 approx.

[mr roper] 02/2/2017 08:34

Voldemo........ahhhh... the license that cannot be named..!

[maverick247] 02/2/2017 08:31

We need a code for the B word - Godzilla?

[2lb] 02/2/2017 08:29

It was in context :-)

[2lb] 02/2/2017 08:21

I think a number of use are bought in to the story and expecting decent returns, though perhaps x50 is pushing it a bit :-)

ARS remains a relatively quiet share which has worked in our favour to date as it has allowed material accumulation of shares by those who have taken the time to meet the CEO, research the company and the copper market in general. In time we will be very happy to have bounced around between 2p and 2.7p for so long.

As with all AIM stocks, at some point, I expect during 2017, the herd will arrive and ARS will attract a great deal of attention. By then the share register will be even more tightly held and demand difficult to fill. With most waiting for double figures to even consider slicing the dynamics of the share price could be very interesting.

Right now I am focussed on the end of Q1 which is now only 8 weeks away. The BKM upgrade is huge and the numbers in it expected to be world class in terms of project economics. There is also the very real chance that the Beutong license will drop over the course of that 8 week period leading to a double whammy impact.

[maverick247] 02/2/2017 07:57

Indeed and you have to ask yourself could you trade 50 bags in a 3-5 year time frame I know i couldn't

[highly geared] 01/2/2017 22:13

ARS is a long term play. If you aggregate BKM and Beutong and take an optimistic view on total resource ( including inferred) and wider resource drill out/ Jorc expansion, it is simply astronomical... most likely a world top 3 copper resource 2020-30.

There will be dilution to fund ongoing development but there's every possibility of ARS being a £ billion company in time.

I suspect once the production licenses are confirmed , the de- risking will see the share price rapidly accelerate.

The big money will be made waiting 3-5 years. A 20-50 bagger from here is not out of the question.

[cyberbub] 01/2/2017 18:47

That delayed trade was from the 31st Jan. I imagine it was a sell?

[the manini] 01/2/2017 17:26

Large delayed trade

[bsg] 01/2/2017 15:36

The cost of developing the assets will always be a brake on the sp, dilution etc.

[mr roper] 01/2/2017 15:09

hope so, mav.
At Cu 2.75 the current PEA NPV10 is 74m bucks! Approx. 60m quid v our 20m mkt cap. Any upgrade is going to make our share price look even more ridiculous. There will be fireworks when the gap closes...