Asiamet Resources Share Discussion Threads

[highly geared] 28/6/2017 17:11

It's now all about mine development/ finance. It's been traded today on the basis of no material news for several months.
Regarding Beutong, when JLP announced their MR on Tjate ( 22 million oz platinum) the price spiked c 35% but within a week , all value had been wiped off.
Maybe that will happen here but provided they can deliver up a development plan over 3-5 years without serious dilution, this has to be a long term no brainer/ retirement plan for the patient...

[mrpiggy] 28/6/2017 16:40

Correct Yorkie & 2LB!

[2lb] 28/6/2017 16:35

Classic AIM and classic ARS today.

The longer term chart - 1, 3, and 5 year show a very strong and continuing climb to inevitable value.

Strong buying into the close.

9m plus volume means a decent amount of churn today with short term holders leaving and long terms holders hopefully entering and adding.

Naturally its a really disappointing reaction , especially after we hit the mid 5's so quickly but we know what we are dealing with in terms of Aim investors.

The sooner we get sticky ii investment the better

[yorkie14] 28/6/2017 16:34

This will be bought into between now and end of the year by bigger players. It's going to build now, as simple as that!
gla

[mount teide] 28/6/2017 16:16

Its a good job the resource confidence in the contained copper in Measured and Indicated Resources increased by 207% in comparison to the October 21, 2015 BKM Mineral Resource estimate.


Lord knows where the share price would be today, if it had ONLY increased by 150%!

[mrpiggy] 28/6/2017 16:02

P.S.Cheers Hornblower, I was able to pick up today's podcast you put into the header of the BB.

[oilandgas1] 28/6/2017 16:00

Disappointed is an understatement after today's reaction wrt the share price based on the resource upgrade .. the only news which will move this above 5p ( and keep it there) is the Beutong licence award and a Strategic partner for bkm

[the manini] 28/6/2017 15:57

The better the stock the harder they'll try to shake PI's out...

[mrpiggy] 28/6/2017 15:55

One can only assume that there are large investors that have been sat on this from its market bottom and are selling out!!Don't panic Mr Mainwaring, all will come good here!You heard it from the horses mouth on the podcast about copper prices......when we go into production and I quote "all hell will break loose".

[mr roper] 28/6/2017 15:53

Charles, that "troubled stock" has gone up near 400% in 18mths. Do you know any other *troubled stocks", I could do with sticking a few quid in them.

[jackbal] 28/6/2017 15:53

Mr R I remember you saying (think it was tongue in cheek) that the resource upgrade would get us to 5.5p and thinking at the time it would be disappointing! Lol!

[snickerdog] 28/6/2017 15:48

Traders picking it up cheap in the 3's and 4's, the resource upgrade was always going to be good with those drill results. I agreed with what Manini says, all hell will break loose one day

[charles clore] 28/6/2017 15:46

There is certainly a very worrying underlying weakness here but I can't put a finger on exactly what it is. Only a troubled stock should ever experience such aggressive selling off on a day such as this.

[bionictwat] 28/6/2017 15:42

Will wait for sub 4.5p to buy I think l2 looking weak

[mr roper] 28/6/2017 15:37

struggling to think of any other stock on the planet that could produce that kind of upgrade and end the day flat..lol

[2lb] 28/6/2017 15:15

So many just cashing in on the update and moving on - today is essentially a write off regardless of where it ends.

Lets see where we are a week, a month and a year from now.

[mr roper] 28/6/2017 15:09

what else could we have, 2LB..been here too long to worry about the day to day.

I have faith in the team to bring this to production in 18mths or so. Copper on the up today. If it takes out 2.7 we might get a bit of run.

[2lb] 28/6/2017 15:06

This is ARS - it will almost certainly end the day red.

Good job we all have a LTH view.

[dorset64] 28/6/2017 14:59

Thanks Horneblower for both the charts and podcast.

Have to admit I'm absolutely gobsmacked that we have just now popped below the 5p mark again!?!?!

[mr roper] 28/6/2017 14:58

hb, the first of the new charts is blank to me. What's it supposed to show?

[mr roper] 28/6/2017 14:51

I've just listened to the podcast again. It's tremendous. Could be approx 18mths to production...Lots of outside interest in the assets/co.

mkt cap 35m quid..LOL.. can't make it up. Should be at least 8-10p today.

[horneblower] 28/6/2017 14:42

I've added the podcast to the list and I've also added some extra charts.
I will remove the charts if people feel they get in the way.

[cyberbub] 28/6/2017 14:17

Nice 500k buy just gone through above the offer...

[mount teide] 28/6/2017 14:03

Remarkable news - well worth the wait!

Well done to the Board - you have not put a foot wrong to date - long may it continue!

Although far less important, a little surprising nonetheless, that the news is currently insufficient to put us above the Feb 2017 high - such is the fickle nature of the market short term.

Following the widespread publication of today's news, the passage of time will surely soon start to work its magic!

[dorset64] 28/6/2017 13:54

Horneblower, as I'm sure you will, but it would be great to have today's podcast put into the header of the BB when you can. Cheers.