Asiamet Resources Share Discussion Threads

[maverick247] 27/7/2017 09:55

Copper grades are declining too, bkm and bkw got superb comparable grades some serious rerate coming to ars

[mrpiggy] 27/7/2017 09:35

Re timw3.I don't know if anyone followed tim's lead re PREM but I would be very wary.....in the Peter Bird/Tony Manini podcast dated 28th June Tony goes on to say that he'd read somewhere that the lithium market is currently 165x oversupplied and by 2050 it will be 35x oversupplied...... think I'll stick with copper! ;@)

[mr roper] 27/7/2017 06:53

Discussions ongoing with various interested parties: institutions/ strategic partners. Should conclude alongside the Bfs in Q1.

If copper price is at $3.25, the payback from bkm is 2.4yrs. Should guarantee a lot of interest if the copper price maintains its current upward path

[sithuk] 26/7/2017 22:19

What is Asiamet's path to funding? Circa $200m needed? EV £15m?

[timw3] 26/7/2017 20:12

o/t PREM news



Probably the worlds top 5 lithium find! PREM going to go bonkers tomm.

PREM FULLY FUNDED AND NO DEBT!!

[mr roper] 26/7/2017 19:03

Fed keeps rates on hold. Should hopefully support the copper uptrend. Looking tricky for the Fed to raise again this year as inflation falls below 2%.

[mattjwhity] 26/7/2017 17:30

Quite a week for copper, electric car outlooks and a great update from Steve on p.i.This licence would kick us over 5p..Cmon Ars!Good luck all.

[mr roper] 26/7/2017 17:23

Snicker, there are currently two institutions above 3% holding.
Asipac Group and Namarong investments. Details on the Asiamet website. There may well be others below 3%

[snickerdog] 26/7/2017 17:18

Mount Teide there are no institutions in this... yet. Spoken to company several times and it has just been a case of market participants and bored smaller holders. Seems to have dried up now though.

[maverick247] 26/7/2017 13:26

It certainly does full ask paid 4.75 looking good should be 8p today imo

[charles clore] 26/7/2017 13:16

It seems to me the seller is done.

[mount teide] 26/7/2017 12:12

Never underestimate II greed - shareholders would do well not to discount that the large seller working hand in silk glove with the MM's over the last 5 months, may well be an institution selling down to his mates(hedge funds) - completely unconcerned that the mug punters with pensions who invested in his firm's fund may only get a 6% return this year - while he and his coke and hookers all round hedge funds mates, laugh all the way to the ARS Copper bank over the next 24 months!

[mr roper] 26/7/2017 11:36

Understood,HB. Will moderate.

[2lb] 26/7/2017 11:27

Whilst 2.84 looks decent its still a low price against historic peaks when likely demand was still nowhere near what we are approaching and the lack of supply coming on line was less of an issue.

With the BKM PEA calcs set at 3.25, that seems a low estimate for early 2019 and with improved economics already sure fire in terms of

Lower strip ratio
Longer mine life
Greater M&I reserves
Wider BKM zone
Very positive short and long column results.

Then there is no way the BKM NAV will be less than 350m USD

Then we add in BKW, BKZ, Baroi and Beutong.

Nav well into 10 figures

[horneblower] 26/7/2017 11:18

Mr R,
Much though I love your clear enthusiasm for this stock I get a bit ratty when multiple, rather pointless posts continuously arrive taking up time and brainpower that could find better alternative uses.
Please...

[mr roper] 26/7/2017 10:47

Volume picking up

[mr roper] 26/7/2017 10:25

Almost....

[mr roper] 26/7/2017 10:21

Just needs a nudge above the 50dma and we're off to the races.

[mr roper] 26/7/2017 10:18

Smart move, Charles. Might even be less than a fortnight till we slice through 5p!

[charles clore] 26/7/2017 10:16

That bull flag is looking ready to pop. Glad I added another 100k yesterday.

[mr roper] 26/7/2017 10:13

There's going to a serious scramble for quality copper assets. If that license drops we might find ourselves snapped up pretty shortly after.

[mr roper] 26/7/2017 10:07

Indeed, if copper hits freeports prediction of $4 lb then bkm will be a giant cash cow and we'll need the Hubble telescope to see the share price

[jamiedodge] 26/7/2017 10:03

Thanks Mr Roper. Roll on 2019