Asiamet Resources Share Discussion Threads

[ianbag] 29/9/2017 12:26

Was looking at a broker report covering Solgold earlier and if you take the average market valuations applied to projects in various stages of exploration/development/operation in terms of £/LB in the ground, you get some interesting results - applied across BKM and Beutong at MEASURED level only (ie nothing for current drilling increasing measured resources. Indicated value comes in at £81.2m (including fund raise)
Much scope for this to increase as resources moves up plus moving from feasibility to development phase trebles this valuation on £/LB in ground.
So you can construct a case to say that current share price should be 11.2p with medium term potential to be 33.6p (before any fundraising impact)

Of course the resource will almost certainly materially exceed what we already have.

So when Jak states there is no substance, he is at odds with valuations placed on CU projects by the markets and of course it is the above scenario that will have attracted JPM.

Incidentally on the FCA site of notifiable shorts there wasn't one last night well certainly not above the 0.2% disclosure level - which equates to a ceiling of 750k shares here.

That said given the discount currently levied on ARS vs its peers, then it would be a dangerous game and not surprisingly why there are no shorts.

The Beutong licence landing should I believe immediately close the current valuation gap. So that combined with the BFS on BKM and the rapid move into development will rapidly re-rate us much further north than the current 5p as the market of course is very much forward looking.

I have added to my holdings.

[adorling] 29/9/2017 07:36

Sounds like we are recruiting a big hitter CFO for mine development funding phase.

[mr roper] 29/9/2017 07:06

Head office move and new company sec. tidying up for the next phase of development

[mr roper] 28/9/2017 20:16

Nice copper bounce.

[mr roper] 28/9/2017 06:58

hxxp://www.mining-journal.com/commodities/copper/copper-to-rise-on-growing-deficit/#.WcwtFzRDuJY.twitter

[markeybee7] 27/9/2017 20:31

Snickerdog ARS will be at the o2 on the 12th Oct. Tickets are sold out however i contacted Momentous Events and they kindly sent me over a ticket.

JakNife i wish you all the best with shorting ARS

[charles clore] 27/9/2017 19:44

I reckon jacknife has just about talked himself out of this stock. Bye bye and good luck - unless you have something else to add.

[snickerdog] 27/9/2017 19:24

I hear that there is Twitter group chatter about a potential investor event in London week of October 9th (week after next). Apparently if there is enough interest. Hope so, I would happily travel in on any evening to meet Asiamet.

[freddie ferret] 27/9/2017 17:28

Sorry I did not realise that you were having a lovers tiff on here before I posted 8197.

[x54v] 27/9/2017 17:04

JakNife
27 Sep '17 - 16:43 - 8196 of 8198 0 0 (Filtered)

[x54v] 27/9/2017 17:04

JakNife,

I refer you back to my 8185 post (which now has 7 upticks I see):

"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."

Your tone is both inflammatory and sarcastic. But I have no intention of rising to the bait. Perhaps you have some personal anger or frustration issues that you need to work through. You have my sympathies if that is indeed the case.

As many others have doubtless already done I'm now choosing to filter you.

It has nothing to do with confirmation bias and not wanting to listen to the other side. As mentioned already, I've considered both the positives and negatives of the investment case.

I'm simply not prepared to engage with someone on a BB who thinks that they have to resort to being inflammatory and sarcastic to get their message across.

[x54v] 27/9/2017 16:14

"Investors like you" - lol, you know nothing about me or how I invest. You just assume based on my posts. You don't know how I position size, manage risk, how many concurrent positions I hold, what different strategies I employ etc.

"Because you're only focusing on the upside" - incorrect. What I include in a BB post is not necessarily the same as my sum total viewpoint. You are assuming once again. Just because I mention no negatives, it doesn't mean I haven't taken them into consideration.

[x54v] 27/9/2017 15:40

Putting aside the argument as to the merits of ARS, in terms of a candidate market to short I'm pretty sure I'd not choose a microcap with a wide spread where liquidity can be an issue.

Good news could land at any time e.g. Beutong, a takeover bid at a huge premium etc. and with everyone rushing to buy stock at the same time there's much more likely to be a liquidity issue in any attempt to cover the short.

Much more sensible to choose a market with greater liquidity so you can exit without too much of a problem.

Additionally if I was choosing a market to short, I'd avoid any with potential near term catalysts e.g. Beutong which could send the price rocketing.

[trigger blade] 27/9/2017 15:25

Jaknife must be getting bored of trolling Warwick69 on the PHE thread.

He hasn't been terribly successful there, I've almost doubled my modest stake since he started his crusade. I'm grateful for it, the same here would be excellent and his arrival is welcome :-)

[mount teide] 27/9/2017 15:16

'Similarly, you have no idea why the hundreds of other investment institutions *HAVEN'T* invested. But regardless, you've decided that the one investment institution must be right and that the hundreds of others must be wrong.'

According to the latest Euroclear report, the Stock out on loan is ZERO shares.

Conversely, using that highly questionable logic in the statement above together with your 'valuation', it could be argued that every investment institution in the World must not only be wrong but completely mad, for not joining you and shorting a company where JPM recently overpaid by 50 fold for 8% of the stock.

[ianbag] 27/9/2017 15:10

You haven't researched this very well Jak if you believe the directors have poor track records.

[mr roper] 27/9/2017 14:41

good luck to you, Jak.

[barneycosmo] 27/9/2017 14:00

Tried to buy some more at 4.8p but just missed it :-(