Asiamet Resources Share Discussion Threads

[x54v] 27/9/2017 13:22

It's "losing" not "loosing".

Yes, I'm aware of confirmation bias and its risks thanks. Been in the game long enough not to let it blind me.

For me the potential reward here is much greater than the risk and I am happy to invest / speculate accordingly. If you're not, then fine. That's what makes a market. Different views and opinions.

What is always intriguing I find though is a poster who pops up on a board out of the blue promoting a negative case. If he doesn't hold shares himself, then why waste the time and effort? Looking for a lower buy in price perhaps. Or a disgruntled ex-holder who made a loss on the share beforehand and who has an axe to grind. Or maybe even a paid promoter or basher trying to drum up trade.

[x54v] 27/9/2017 12:00

Yes JakNife, JP Morgan just loves to throw money away and not do any due diligence.

Maybe I should take your word over their actions.

Then again, maybe not.

[2lb] 27/9/2017 11:51

It's drifting because the much anticipated "news rich period" that we have been entering for about a year now is just too exciting for some....It's actually quite a boring share - but in a good wayI think many would be happy with a boring 100% rise every year.No doubt the Zinc results will be met with a wave of selling as usual and will see us down on the day Beutong and BKM BFS are the only game changers.

[cyberbub] 27/9/2017 11:38

X54, that 54,500 trade is surely a rollover?

[x54v] 27/9/2017 11:26

It's frustrating in the short term to watch the price drift whilst realising that the share price should really be significantly higher.

The recent news has all been excellent and the company is certainly confident in the future:

"Against a background of increasingly stronger underlying commodity prices and with new investment from globally recognised institutional investors and our highly supportive shareholder base post-period end, Asiamet is strongly positioned to deliver further significant value uplift from its portfolio of exciting copper, gold and polymetallic assets."



"Strongly positioned", "further significant value" - those certainly highlight the potential upside that management sees ahead.

Those selling just now are risking missing out on the upside to be gained on any positive newsflow which could land without notice. Assay results should be with us very shortly and Steve Hughes was "pretty excited" about their potential.



The Beutong production licence is also possible in the coming weeks and if that drops in an RNS then there's likely to be a mad dash for stock with buyers having to chase the price as the MMs gap it up before anyone has a chance to buy.

Those selling just now are maybe thinking that they're smarter than JP Morgan and its recent strategic 8.31% stake in the company. It bought 71 million shares at a cost of just over £3 million pounds. A significant sum to invest in a small cap.



In terms of who is likely to do better, the average PI or JP Morgan, I'll personally go with JP Morgan every time. The upside here is huge and JP Morgan knows it.

Frustrating as it is to watch small trades cause the price to drift back short term, I'm happy to hold and follow the smart money. It may take time, but this is a multi-bagger in the making.

[maverick247] 27/9/2017 11:16

Added another 25k whilst quiet!

[x54v] 27/9/2017 10:50

Mr 54,500 shares not exactly what you would call a long term holder.

19 seconds he held.

[charles clore] 27/9/2017 10:01

I wish it would hurry up and tip then!

[x54v] 27/9/2017 08:04

"This year represents the “tipping point” in an electric vehicle revolution that will drive global demand for copper, according to BHP Billiton.

Arnoud Balhuizen, chief commercial officer at the global miner, declared that “copper is the metal of the future."

[knobbly] 25/9/2017 12:26

Sithuk. Looks like it was less than 10 cents in 2001 to more than $4.00 in 2007.

A rise of over 40x.





Need to keep that Hegarty bloke away from ARS ;)

[charles clore] 25/9/2017 10:34

ARS is trying to escape a bull flag formation started at the beginning of this year. When it eventually breaks it will be quite dramatic imho.

[sithuk] 25/9/2017 10:29

X54: what did the share price do over the same period?

[maverick247] 24/9/2017 14:58

You bet with license and further drilling it will be in the spotlight its i think about the 5th largest new copper project globally

[adorling] 23/9/2017 17:51

Beutong is a potential monster copper mine which will attract huge M&A interest...

[x54v] 23/9/2017 13:39

The re-rating at ARS when it comes has the potential to be very significant indeed judging by what Tony Manini says. In fact the current market cap of just £35 million is just plain crazy. There is an undiscovered gem here whose massive potential has only been realised by very few.

TM has constantly referred to the potential for a market cap in the billions of dollars and he comes across as totally convinced it will happen. He's done it all before so there is justified reason for his confidence.

1 billion dollars is £741 million. That's 21x the current market cap. What a huge discrepancy. And from the opportunity point of view, what a massive potential uplift in the share price over time.

Here's what TM said at the end of June:

"And essentially off the back of that, it's two assets, we believe that we're certainly well on the way to developing a copper company that really should be producing around in the scale of 50,000 to 100,000 tonnes of copper a year between the two projects and of course if we're at that scale then our business is measured in the billions, not millions."

(from 2:50)

It will take time of course to get there, but I'm surprised at how little of the potential is built into the current price given that we're already "well on the way". The newsflow on the assets has been consistently excellent and the team has a track record of success that is second to none. They've done it all before and there is every indication that they will do it again with Asiamet. Yet the price completely fails to reflect the potential and has been ranging sideways for a few months now.

ARS currently presents a great opportunity at the current juncture imo and I look forward to the price starting to trend up strongly to better reflect the prospects and likely realisation of those prospects.

Once again in the words of TM:

"If you're a longer term investor with a bit of patience, the time to get in is at the bottom of the cycle, accumulate a position and hold tight, and you'll do very well over time. That's what I've done myself all my life."

(from 22:05)

[x54v] 23/9/2017 13:11

If the Beutong licence is granted "some time in November" as hoped by Steve Hughes:



interest in ARS is bound to increase significantly:



After the long wait, only a few weeks away to go now for that potential catalyst to be brought into play. It could really make a difference to the share price.

[mattjwhity] 23/9/2017 07:06

https://m.youtube.com/watch?time_continue=2&v=3zqL8bZu-_8Mickey still bullish on copper after some consolidation.