Asiamet Resources Share Discussion Threads

[cyberbub] 10/2/2017 07:19

Agree Dorset. This is not being pumped, it's just re-rating to fair value IMO.

[dorset64] 10/2/2017 01:46

I would agree with a few that the share price needs to rise slowly to prevent a 'boom & bust' mentality from the traders. The problem with that last sentence is the fact that although a slow rise is best, the case for an investment here is so special that peeps will keep buying imo.

Where else can you find such a solid case for an investment with the share price currently so far behind where it 'should' be imo.

Am now glad I made my top up to 750k shares before todays rise although am looking forward to what tomorrow also brings.

[cyberbub] 09/2/2017 23:59

Remember that even at 10p, that market cap only represents the amount of capital that has been invested in exploration so far over the project's lifetime...

[maverick247] 09/2/2017 21:22

Well said GaryFreddie rampers dont list facts everyone here can justify why this should be 20p and coincidentally so did steve hughes the head geologist, the man on the ground!

[the manini] 09/2/2017 21:15

Quite right 2lb, I probably should have made that clear

[okidokicoki] 09/2/2017 21:02

Evening everybody I have to say our Tony train has got very busy all of a sudden .

[2lb] 09/2/2017 20:16

Not remotely relevant re: CHL, read up on both , chalk and cheese 4.6p still a fraction future value Optiva target of 13p is for BKM only at current stage of mine development only

[hawks11] 09/2/2017 20:16

That makes sense Gary. There have been few mentions of ramping on this board, just a few people wondering about the movements of the share price When ARS starts to produce the real investors will then move in but until then we have to be patient. There is no shame in taking a profit and no criticism should be made of anyone doing so. I have held for too long in the past and sold too early but it was my choice.
If the share price was at 20pence now would it make much difference to those who are planning to wait until production and looking at 30p? No, just wanting reassurance all was well with the company and hoping to have the courage to hold on.
Hawks11

[grim] 09/2/2017 20:12

Highly Geared's comment on post 5108 re Indo Gov't licence grant - is that the stage Churchill Mining got to or is their experience not relevant to ARS?

[gary1966] 09/2/2017 19:47

Freddie,

If you want to return to planet earth look at the existing NPV and apply a big discount. Then compare with the current share price. Then ask yourself did the market have the right value for this company before the recent rise. Then ask yourself if the market has now got the right value for this company.

Then you have to ask yourself whether the feasibility drilling has been better or worse than was assumed when calculating the current NPV. Then ask yourself again whether the market has the right value for this.

As for institutional investors not liking making returns quicker than they expected, I think you must be living on a different planet. They are greedy, they want to bank a profit as quickly as they can. If you think the market always get values right and occasionally it is wrong for shares to catch up with events, then you are also living on a different planet. It is because at times the market is ineffcient that opportunities arise to make money either long or short.

If the answers to my questions above are yes then you have made your investment decision and I would respectfully ask you to go away, unless you can come up with figures to show that the recent and any future rise is unjustified. If the answer to my questions is no then ignore where the share price has come from and focus on where it is going.

ATB

Gary

[the manini] 09/2/2017 19:45

Optiva have upgraded their price target to 13p also, so we are a long way off from either of those very knowledgeable sources

[highly geared] 09/2/2017 19:43

BKM will likely sit with an NPV of £300 million at the end of April
Beutong dwarfs BKM by several factors.
Yes, it should be 15-20p now with a 5 year target of 50-100p
Jelai; forgot about that....
People are still missing the likely 2020-25 copper bull market peak and where ARS will be by 2020.
Life changing amounts if you can stay the course. Just needs the Indo govt to ratify production license status and it will hit 20p in a flash.

[mr roper] 09/2/2017 19:21

Freddie, you should get on the blower to Steve Hughes. He reckons we should be 15-25p now.

[ayesha4] 09/2/2017 19:12

I havent followed this since I was forced to sell out. Does anyone know if any progress was made regarding Beutong? Any of the directors said anything about this recently?

[freddie ferret] 09/2/2017 19:08

Hi

Now let's return to planet earth.

The update was very good, the copper grades similar to the last upate therefore we are sitting on a mine.

However the main danger to the share price with this share is as always rampers ramping this up into an unsustainable spike. See the 5 year chart. It is not the spike that is the problem, it is the subsequent collapse which takes place fast at first, but lasts a year or so before confidence returns.

These spikes are exciting for speculator gambolers but deter serious investors. Institutions like to see a stable rise and volatility equals risk to them.

So it was with considerable concern that I saw that this share had appeared once again in the LSE % gainers list.

Basically there comes a point where caveat emptor (buyer beware).

I actually think the current price may be safe, however a dramatic rise from here in the short term will cause a collapse back to the 3p level IMHO.

I actually think the rampers do themselves a disservice, decent institutional money would in the long term do wonders for the share price here.

This company is going places and does not need ramping.

[maverick247] 09/2/2017 19:06

Buyout of bkm project not asiamet thanks we'd then be able to focus on beutong but yes need 30p at least

[mr roper] 09/2/2017 18:30

Buyout at 20p no thanks. 30p+ I'd start listening

[mr roper] 09/2/2017 18:29

Steve mentioned Bkm production early 2019. That would be tremendous

[cyberbub] 09/2/2017 18:01

Yes I saw that para too about the funding. Implies that there may well be funding ready to go before the BFS is completed. And the higher the share price at that point the better.Could we be in early small-scale production by Q3 2018 perhaps?Or a buyout before the BFS at around 20p?Will be an interesting few months...NAI

[maverick247] 09/2/2017 17:42

Steve Hughes said in that interview market is completely missing beutong, wonder if he's evrn more confident of an incoming license, imo that would shoot us to 10p+ in a flash

[cyberbub] 09/2/2017 16:46

Another few days of 20% rises would be very pleasing :-)

[mr roper] 09/2/2017 16:36

Half decent day that. Been a long time coming

[richsmithsmith] 09/2/2017 16:34

4.7p paid... crikeyAnyone seen the L2. Assume they've no got much stock.

[cyberbub] 09/2/2017 16:34

SOS100, I think most people are hoping/expecting copper to break $3 later in this year, not up to 24 months! But who knows of course.

[adorling] 09/2/2017 16:32

Closed at a high for the day so looks like continuing up towards 5p tomorrow!