Asiamet Resources Share Discussion Threads

[mr roper] 21/9/2017 14:14

superb update. THERE'S A LOT GOIN ON!!!!!!

[mr roper] 21/9/2017 14:11

4 holes out of 5 done, 3 holes at the lab, one on it's way and assay results expected next week...

[x54v] 21/9/2017 14:10

He's hoping the Beutong IUP production licence will be granted "some time in November" - from 3:20

Only a few weeks then.

[sos100] 21/9/2017 13:55

New interview with Steve Hughes

[mattjwhity] 21/9/2017 13:50

88e ouch .....

[littlemadam] 21/9/2017 12:25

jonnygunit... Do you write the scripts for Donald Trump?

I agree with snickerdog, your post did not make any sense.

[tromso1] 21/9/2017 11:53

Plenty of newsflow to come in the short term.



Sellers here are very short-sighted.

[snickerdog] 20/9/2017 22:25

That didn't make any sense!

[jonnygunit] 20/9/2017 19:25

Do people expect the final results from the column leach testing to be RNS'd or just incorporated into the updated BFS?

I have it noted down that the long-column is due to finish sometime in October but don't remember seeing any final results from the short column work which should have concluded last month.

[maverick247] 20/9/2017 16:21

So true from here on bearing in mind its Sept we have bkz drilling assays, further expansion drilling for bkm by way of bkw and bks and hopefully beutong license then BFS what a fantastic line up

[adorling] 20/9/2017 15:33

You cannot have a better geologist than Steve Hughes! Good podcast and all progressing to the multi-bag shareholder return plan.

[mr roper] 20/9/2017 14:22

excellent podcast. All looking good with the govt regarding Beutong. Hopefully the license will be in our hands by the end of the year. Looks like the next 3-6mths will be pivotal here.

[charles clore] 20/9/2017 13:47

Hi Gymratt yes I remember those days very well. I remember your posts and hope you are in good health. I believe TW was shouting about CEY from the rooftops in those days. I am a bit disappointed it has taken all these years for it to reach 140-odd pence though.

As for this one, I believe it will multibag over the coming years and make shareholders a lot of money. I am also currently in HOC, HUM and AAU. Having bought into HOC at 43p I am already sitting on some great profits there and expect more growth to come. HUM and AAU could also be multibaggers imho.

[gymratt] 20/9/2017 13:25

Are you there , Charles?
Can you remember when we were buying Centamin Egypt(CEY) @ circa 10p (now 140ish but has been much higher). I know ARS is a completely different animal, but I believe it will go the same way..ie multiples of the current share price Correct me if I'm wrong , but I don't remember any big institutions becoming involved at such an early stage with CEY and this is what gets me excited!
BTW, I used to be 'Tipmeister' all those years ago.
GLALTH :@)

[x54v] 20/9/2017 12:59

9:39

"We've got a great shareholder base and now we've got JP Morgan on board. It's exciting times and I'm really looking forward to making the shareholders happy by producing good results at both projects"

[x54v] 20/9/2017 12:53

"Stephen Hughes, Vice President, Exploration at Asiamet Resources #ARS discusses the multiple high potential targets identified for drilling in the BK District in Kalimantan, Indonesia.

(Interview starts at 1 minute 27 seconds)"

[tromso1] 20/9/2017 09:23

Plenty of news to look forward to, to help drive the price upwards hopefully -

'We look forward to building upon the momentum established during the first half of the year with a continuous flow of news from the BKM feasibility study, drilling on our other projects and strategic initiatives relating to project partnering and financing'

[pyglet] 20/9/2017 09:23

nice post adorling 8126

[mr roper] 20/9/2017 09:17

i think the B license being awarded would put paid to most price targets. To me it doesn't look to be factored in to the price at all.

What price the B license being awarded and a strategic partner and financing being announced shortly after it.....?

[horneblower] 20/9/2017 08:44

I entirely agree with all sentiments regarding the enormous key strengths that we have and to the eventual price targets quoted.
However, I do not expect to get to 10p until next year. Things happen at a certain speed and it is never as soon as we would all like them to be.
When the price passes 50p I shall sell 10% of my current holding and buy a Tesla or similar. I think the one I want costs about £70k. I gather there is a Porsche equivalent but Brits may not be buying German cars in two years time. ☺

[adorling] 20/9/2017 07:48

HB - can't see us below 4.75p now (unless overall market tanks) as this has been bought into and established support several times now. The non-news RNS's e.g. We started drilling etc. will not lift our price for sure. Anything that shows increased reserves, grades, decreased costs etc will push us north plus of course a production licence for Beutong which from recent inference will be granted in the next 1-2 months.

Indonesia is also losing out to other geography's for copper mining so their Ministry of Mines needs to grant not just one but several licences to re-establish itself as a global copper producing country. It is also placed on the Silk Road and we know the Chinese favour closer to home miners than elsewhere to fulfill their copper consumption needs.

One other proven fact - the greatest gains in share price for exploration miners who aspire to become producers are usually made in the mine development phase and run up to first production. This will start in earnest in Q1 (just 3 months away) when I believe we shall see ARS start the year above 10p and end the year somewhere between 17p-25p and eventually be sold several years thereafter for £1-£2. Multi-multi bagger potential as the Manini has done before. This outstanding Management Team will deliver.

[x54v] 20/9/2017 07:09

Yes, there's a near term catalyst for a potential upwards price movement with first assay results due shortly.

"Asiamet Resources Limited ("ARS" or the "Company") is pleased to advise that drilling has commenced testing the multiple high potential targets identified in the BK District.

Initial drilling is underway on the readily accessible BKZ prospect, a stand-alone high value polymetallic target, located less than 800 meters north of the Company's feasibility stage BKM Copper deposit. A total five holes are planned and first assays are expected by end September."

[snickerdog] 20/9/2017 01:13

Horneblower - what's interesting is the work beginning at new assets which may add a lot of value especially BKZ the polymetallic zone containing not only copper but high grades of Zinc & Lead and some Gold credits too