Asiamet Resources Share Discussion Threads

[richsmithsmith] 27/2/2017 11:45

Following on from the Zinc announcement last week several people on twitter have been trying to work out how much we're taking about. Search for #ARS for more info but this one stood out. Some very rough numbers on #ARS's BKZ polymetallic project. Potential cash net cashflow of $150-450m (!) from small 400x200m deposit. https://t.co/hGlZnYVMzp

[adorling] 27/2/2017 09:45

Copper lost production deficit mounting up for BHP

[hawks11] 27/2/2017 08:59

Well I did expect to see a decent rise today, perhaps everyone was up late watching the Oscars, dammit missed it again - thank The Lord.
Happy to wait for the next mega bit of news, although in hindsight I sold out my AEX a little early.

[adorling] 26/2/2017 09:03

This copper deficit could get serious.....


Time to re-evaluate if I need to add more ARS shares to my 5 million stockpile. That Steve Hughes interview was so exciting for ARS future. $1-2 billion Company in the making looking nailed on IMO and we are only £34million market cap now. Go figure!

[mr roper] 26/2/2017 08:54

Based on the current PEA the npv 10 is 75m bucks at copper 2.75lb ( copper 3.25lb = npv 10 of 204m bucks!)
Current mkt cap is 30m quid/ 37.5m bucks

If you start adding 30% to the npv this really does look silly.

Optiva state that as we move closer to the end of feasibility the share price should close the value gap in relation to the npv.

Obviously there will be significant funding via debt/equity. If we can get mine costs down to 130m bucks whilst adding 20-30% to the npv I can understand why TMs phone is ringing hot.

1) updated PEA
2) debt/equity funding
3) start mine works
4) off take agreement upfront?
5) print cash for the next 10-15 years inc bks/bkw

Just a thought but 130m would be spare change for tigers realm...


Off for a lie down

[scarymonster] 24/2/2017 19:43

So what does the chart say? I realise we can get news any time which kind of throws TA to the wind but...

[mr roper] 24/2/2017 14:46

Would like to see an updated plan from the company now. The old one is like a dogs breakfast

[charles clore] 24/2/2017 14:31

A very positive podcast. The story just gets better!

[2lb] 24/2/2017 14:20

Yep, and you can still get some below 5p!

It;s getting harder to draft a comprehensive list of what's going on and just what bits of news flow might drop over the next few months.....

Mahooooosive.

[richsmithsmith] 24/2/2017 14:18

Great podcast. Btw 20% (picked the mid estimate) increase to net present value on the BKM project is $40M. Shows how undervalued we are... given all the other projects.

[mr roper] 24/2/2017 14:16

Strip ratio of less than 1 and in some places zero! Incredible. If this takes 30% of the capex then it's getting ridiculous value

[maverick247] 24/2/2017 14:03

And also remember that 20/30% npv increase is not based on a copper increase assumption so if consensus moves to a higher copper price the npv again goes upThis is just BKM !

[okidokicoki] 24/2/2017 13:16

And by the way he was talking that mine could go alot longer than 8 years with the other areas included That's all profit with the mine already been built,this is getting bigger all the time

[sos100] 24/2/2017 13:13

yes because he does say at around 9mins in -the strip ratio and capex could eventually be even lower then the original PEA..

[maverick247] 24/2/2017 13:11

If the strips have come down then yes quite plausible!

[scarymonster] 24/2/2017 12:43

Another good interview with Steve. Hopefully my additional sipp money comes through before any more news (heap leach for instance).

[sos100] 24/2/2017 11:42

hxxp://www.sharepickers.com/category/podcasts/

steve is back!

original NPV $205m he's talking about adding a possible 10-30% extra to that.

[maverick247] 24/2/2017 09:55

Nail on the head, most don't understand the potential especially when you consider yesterdays additional zones as yet to be drilled

[2lb] 24/2/2017 09:49

Many holders do not know what ARS actually has.

Plenty buy on a whim, plenty buy just for a trade and plenty just get distracted by shiny things elsewhere.

There is a solid , very well researched core that is accumulating on a month by month basis and tying up the free float.

Daily movements and trades are fundamentally irrelevant. We are in that transformational period that will really kick off with eh BKM resource upgrade which is now only a matter of weeks away.

[okidokicoki] 24/2/2017 09:39

I really don't understand why people would sell this . Do they not understand what we have here?

[hawks11] 24/2/2017 08:17

A rush to sell, admittedly in small numbers. It is a strange world.

[adorling] 23/2/2017 22:46

First time I have seen an article stating we could see a copper deficit in 2017. This really is turning into a perfect storm for ARS and investors.

[2lb] 23/2/2017 16:14

We've been close for a year :-)Fair point though Easy double figures when it lands

[maverick247] 23/2/2017 15:44

We must be close to the one that shall not be named prod license now!

[knobbly] 23/2/2017 13:59

Yeah Mr R. But... Just think of the whoooooosh when it does land...