Asiamet Resources Share Discussion Threads

[jackbal] 29/11/2017 15:10

If you say end of November and don't deliver you create doubt, simple as that for me.

He shouldn't have made that statement as it just creates undue concern. Many of us were here 18 months ago and back then they were expecting it "shortly".

I think having JPM on board increases the likelihood but until it drops who knows.

My money is on an RNS updating us on Beutong which will be encouraging but suggests more/final red tape.

I'm holding until production as even Ars 12 bid I felt I would have been selling far too early.

[bobby1904] 29/11/2017 14:50

I don't really get that Mr Roper. If they were buying in on that speculation they would have been paying 10p+ so that doesn't explain sub 10p selling today, especially on another great RNS. Anyway we will never know and probably not worth driving myself barmy over. I have a long term view on this and will still be holding my shares when the share price hits 25p!!!!

[mrpiggy] 29/11/2017 13:41

Great in depth analysis huckle9! :@)

[huckle9] 29/11/2017 13:05

Go whoooosh

[plasybryn] 29/11/2017 13:04

What are we expecting the share price to do when we get the licence?

[mr roper] 29/11/2017 10:57

bobby, possibly because they loaded up after hearing that the met leach tests and beutong license were coming this month, only to get to the second last day and no sign of either...either way, happy to sit and wait patiently...

Wonder if Proactive are planning to get Steve on as he's round the corner from the office?

[jackbal] 29/11/2017 10:54

Have to say I'm glad to be invested rather than trying to trade this.

Just because the end of November deadline isn't met it doesn't mean it won't land very soon even on Friday for arguments sake.

I can understand traders profit taking but can't imagine many will want to be short.

[adorling] 29/11/2017 10:50

...because their short term investment horizon is less than a day!

[bobby1904] 29/11/2017 10:49

Call me stupid (Im sure someone will!!) but I just don't understand how sellers are come put now at just over 10p when they have had tons of opportunities for the last 2-3 weeks to sell much higher? It's not like the news flow is negative or other issues to suddenly panic about so WTF!!!!

[adorling] 29/11/2017 10:46

Sellers getting royally shafted on the bid like last week. No wonder MM love this Share.

[adorling] 29/11/2017 10:43

Coming close to further top up opportunities.....

[amaretto] 29/11/2017 10:40

Would love the BOD to drop the Beutong licence just to f*<£ the traders!

[113mike] 29/11/2017 10:37

Sub 10p beckons? Then massive buying then massive whoosh!

[walter walcarpets] 29/11/2017 10:20

re licence: agree horneblower. Completely out of their hands. Even if they had been "promised" by a Government official, they don't know for sure. AIM companies need to keep their credibility and integrity and one way to lose it is by over-promising. Lets hope ARS don't go down this route.

[amaretto] 29/11/2017 10:11

If Beutong delivers as we hope it will after those deep drills giving us significantly more resource (not to mention Baroi etc) and all the forecasts pertinent to that BHP presentation pan out and we consequently see $4.50+ copper then replace the $1 billion company with a $5 billion one.

IMO there is a realistically high probability that both those factors will pan out.

Take a look at this video courtesy of Mrremmy on the #HZM LSE board, it talks about disruptive events and S curves and highlights how the EV revolution might be coming a lot quicker than most expect, which would mean $4.50 copper far sooner than forecasts. Well worth a watch IMO.

[hawks11] 29/11/2017 09:57

Charles - open and honest is different than saying something and hoping it will be right. All going great and results in a month or two would be fine. Like The Royal Mail said they had delivered my parcel yesterday but had not, then they sent me a questionnaire asking me how they had done?

[mr roper] 29/11/2017 09:53

Charles, open, honest and accurate is my preference.

[charles clore] 29/11/2017 09:50

Mr R - depends on your preference. I would much rather have a company that is open and honest than one that is secretive. Those companies don't usually perform very well on the market.

[haydock] 29/11/2017 09:48

Horneblower

Many thanks, should be up in lights, Seminal material, the reason d'etre for ARS investment.

[mr roper] 29/11/2017 09:42

Charles, agree. I don't mind either but if they don't know they should caution themselves when it comes to communicating their best guesses.

hb, agree.

[charles clore] 29/11/2017 09:39

Mr R - I don't mind if the licence comes in November, December or January. It makes no difference in the long run. But 2 RNS's on consecutive days would be great.

[horneblower] 29/11/2017 09:38

The timing is not in their hands. They should not have said anything at all about the timing.

haydock, I'll put the link somewhere in the header.

[mr roper] 29/11/2017 09:27

After all the nonsense around the license earlier this year I was hoping the bod would have realised it's better to under promise and over deliver. As much as I like Steve if he can't be accurate with when news will drop he should err on the side of caution. Last podcast with TM and PB, TM said "this year". Steve is the only one I've heard say "this month".

[haydock] 29/11/2017 09:26

Well BHP Billiton are certainly founder members.
What a bullish point of view for the next 25+ years.
Great find, Adorling.
Needs to be in the header, if possible, any chance Horneblower ?

[adorling] 29/11/2017 09:21

Mark - Steve Hughes stated it on the last 2 ProActive Investors interviews and Peter Bird said he had no reason to doubt that in the recent Vox Markets podcast from what I recall. No problem if the hot money leaves as the Licence will most probably then land the following week (Sod’s law for the sellers) and a crazy scramble to buy back in will set the price alight for sure.

Regardless of the timing of the Beutong Licence we know that it will eventually be granted and we also know ARS will become a $billion Company. A bit of patience for 24 months will see some serious multi-bagging gains creating several millionaires based on the holdings of many LTH’s in ARS. It is a good “club” to join.