Asiamet Resources Share Discussion Threads

[2lb] 17/8/2017 10:08

6 , 8 , 10 and 12Best he waits for those as it's good PR and also the cash goes into ARS coffers and not greedy MMs and brokers

[mr roper] 17/8/2017 08:58

first tranche of PB's options were at 6p from memory.

[maverick247] 17/8/2017 08:51

Think as part of his deal to come on board he was given lots of options so he'll wait for the strike price and buy a load i reckon

[ryry0707] 17/8/2017 08:48

I completely agree that we are in safe hands with the management team. However, I would like to see them all up their holdings (with the exception of Manini who holds 3.3%). How can Bird do that Vox markets interview and talk about the positive sign of new investors coming on board, when he hasn't put a penny in. Thankfully the Vox markets interviewer is also a holder so was never going to ask him tricky questions.

[mount teide] 17/8/2017 08:38

When making an investment decision, i now place more weight on a management with a proven track record of success in the sector, than anything else.

These guys(why are there so few women who study geology/mining?) are great communicators, have aligned their interests with shareholders by having plenty of skin in the game, have identified assets with the potential to deliver huge shareholder value, and have the experience of having done it all before.

A rare combination.

AIMHO/DYOR

[mr roper] 17/8/2017 08:15

holding on and being patient is the only way to be, hawks. As long as TM and the team keep delivering I'm happy to keep holding. Not often you find a management team who actually do what they say they are going to. :0)

[hawks11] 17/8/2017 08:13

No, just waiting for the antics towards the end of the week Mr R, not a lot to say really, just holding on and being patient.

[cpap man] 17/8/2017 08:12

Absolutely - looking for much higher share price levels from LSE:ARS with 8p to 10p in the nearer term....

Longer term ARS might just go and hit 100p+

[mr roper] 17/8/2017 08:09

decent start.. everyone still in bed?

[mr roper] 16/8/2017 22:12

Agree,TM. 1-2 months for the drilling and the should be able to do bkz and bkw in parallel with multiple drills.

[the manini] 16/8/2017 22:09

Should read 'start drilling at the start of September!' Doh

[the manini] 16/8/2017 22:07

It shouldn't do Cyberbub. From memory the drilling around BKM will take 2 months and the same for Beutong. BKZ is being cleared for drilling as we speak so say the worst way they commence drilling at the start of December and the drill programs run concurrently then all the drilling should be finished by years end. It will add a huge amount of value to the company and should put us in a very strong position when it comes to getting funding for building the mine

[cyberbub] 16/8/2017 21:56

That's fair enough Manini as long as all this extra drilling etc doesn't lead to the BFS being significantly delayed?

[the manini] 16/8/2017 20:54

I do remember that convo Jacbal and I was convinced at that point in time that they didn't need to raise. Shortly thereafter (I think) I heard that the BFS wouldn't be ready to Q1 2018 which did put a doubt in my mind coz I knew money was tight and we might have just squeaked it had it been finished this year. What the management decided to do was much bolder and now seems like a master stroke. They've given themselves time to finish the BFS and still have time to pick and choose where funding negotiations are concerned. Also they can now add a huge amount of value to the whole enterprise by drilling at depth at BKM and drilling the surrounding areas of BKS, BK Zinc and BKW. On top of that they can expand Beutong to boot. The cherry on all of this is of course getting J P Morgan's name on the share register to the tune of £3M or over 8% of the company.So yes I was wrong but if I'd convinced you you were correct you may have sold out and look what a mistake that would have been! ;)

[mr roper] 16/8/2017 20:43

Would agree with all of that, adorling. As we saw on the long wait yo go through 3p, once the share price gets past its resistance it moves very, very quickly.

[adorling] 16/8/2017 20:12

ARS chart set to explode very soon now....some of those buys today look like stakebuilding which maybe other institutions beginning to take a position given Tony is unlikely to raise again for sometime.

There must be many recent sellers watching with some concern they were just too early in selling and will now miss the super rise and rerate. Just needs patience and a belief that this Management have always delivered everything they said they would and that they were in control of. You will not find many of those Management Teams or CEO's on AIM whose core market or product proposition in being brought to market just as that market goes into a perfect storm.

As TM said to us LTH's in December at The London meeting "remember this day and remember this price because you have not seen anything yet and when it happens it will happen very quickly" - he has a strong track record of taking mines from Exploration to production and eventual sale at many many multiples. He says he plans to do the same one more time and that is with ARS. That sort of event changes lives instead of just paying for a night out with short term profits. Stay the course, get rich, enjoy a chilled life for the rest of your days.

[mr roper] 16/8/2017 19:10

Zinc on a massive breakout above $3000. Bkz cometh just in time

[cpap man] 16/8/2017 19:00

Absolutely Mirabeau - both BIKWIK & fingers xxd + i think hb are looking for much higher share price levels from ARS with 8p to 10p in the nearer term....

[mirabeau] 16/8/2017 18:53

FXD is absolutely spot on with his chart analysis almost to the exact date..quite incredible

[jackbal] 16/8/2017 18:48

Mav although I am extremely bullish on Ars future prospects surely until the production license is granted it remains in doubt.

I believe it will happen but the market doesn't at this stage based on Mcap.

[maverick247] 16/8/2017 18:43

Manini has never been in doubt on betong license but they are at the mercy of indo gov it will come in due course imo

[cpap man] 16/8/2017 18:38

Thanks fingers xxd for the ARS chart in POST 8665

[cpap man] 16/8/2017 18:36

Thanks BIKWIK for the ARS chart in POST 2977

[jackbal] 16/8/2017 18:25

Hello TM, very good point. The ministry probably also wanted financial assurances which JPM can provide.

Do you remember our last exchange on the subject of the placing? You convinced me it wasn't going to happen and to be fair you had a fairly watertight case!

I should have listened to myself lol