Asiamet Resources Share Discussion Threads

[2lb] 30/11/2017 08:32

Going to get our ARS well and truly kicked today as all the traders bail out.

Lesson learned for the company I feel.

[treadcareful] 30/11/2017 08:32

Mmmmmm maybe not

[mr roper] 30/11/2017 07:43

Adorning, would agree with that. Maybe even earlier than April.

[markth126] 30/11/2017 07:33

Where does Steve mention Beutong licence in two weeks?

[adorling] 30/11/2017 07:31

Mr R - I am confident 2018 will be even better in term of returns than 2017 and by April I predict we will be north of 25p.

[mr roper] 30/11/2017 07:20

Adorning, indeed. 2.3p at the start, 10p at end of nov. Pretty decent I would say. Still very early in proceedings here as well. Next 4mths should be lively.

[adorling] 30/11/2017 06:59

So a Beutong Santa rally now according to Steve beginning in 2 weeks. I would be surprised for him to say something like that again and get it wrong twice. Confident it will be granted before Xmas now. Would make for a great end to a stunning year of outstanding progress for ARS. Do not forget we started the 2017 year off at exactly 2.3p. Definitely time to buy into any dips before Beutong Licence granted in a few weeks IMO.

[ronconomics] 30/11/2017 06:44

Box box. Box box.

[treadcareful] 30/11/2017 06:42

Lots of questions I know. Would someone kindly let me know if ARS are still in situ at this 'Trade show' and if so where and how long? I'd like to meet S Hughes and co, on paper sounds like a real potential ISA target.

[treadcareful] 30/11/2017 06:32

Sorry just read a previous post. Mid Dec.

[treadcareful] 30/11/2017 06:30

When is this Licence due ?Just watched S Hughes looks and sounds enthusiastic.

[jailbird] 30/11/2017 06:14

HB,End product?Copper and NickelI can see money from ARS profits going into HZM I guess about which will be larger returns quicker .. ARS is the winner so far All about timing it right !!

[jailbird] 30/11/2017 06:10

Thanks HG,I am getting by BKs mixed upMakes sense now

[once bitten1] 30/11/2017 05:54

Tidy2 . Hi ... I take it that's a thumbs down ? Or have misinterpreted?

[sos100] 30/11/2017 04:22

Steve Hughes

[tidy 2] 30/11/2017 03:07

Box smart guys don't be a baby sitter. Dreams don't pay the bills. ;) ;).

[horneblower] 29/11/2017 23:37

What is the end-product of BKM and what is the end_product of HZM's nickel mining?

[highly geared] 29/11/2017 23:05

Jailbird; production at BKM will also be late 2019 as per HZM.

My comments above relate to Beutong.

The longer term upside with ARS is they will be in full production on BKM as they take Beutong through PEA then into a substantial drilling expansion programme to firm up more measured/indicated resource and then to BFS.

However, I don't see them getting that far ; with the production licence in place , that, along with BKM , will be the trigger for a major to buy us out.
At what price is anyone guess but nothing short of £500 million will be sufficient based on the combo of BKM nearing production, a multiple BKM developing out of BKZ, BKW , Baroi and the monster Beutong.

TBH; what interest me more at this stage is how advanced they are on finance for BKM- it will be better for everyone if they already have it lined up, so by March/April 2018 we have a BFS and finance in place. That way , BKM can be fully valued (25-30p/share) and if Beutong has the production licence, even a 90% discounted PEA makes that worth c 15p and throw in buttons for KSK and you get to 50p/share without having to think too much.

The much vaunted Beutong production licence will be a relief as it's been imminent for over 2 years....!

[mattjwhity] 29/11/2017 22:18

Steve's on Proactive tomorrow morning release.Still standing by BTong sometime in mid December, but will happily eat my hat if it drops tomorrow.Cracking RNS potentially speeding up early payback.Good luck all

[jailbird] 29/11/2017 22:15

Chaps Going back to the debate on HZM if I mayJust been reading an earlier post by HG hereTaking a middle position on conversion of inferred , that gives an in the ground value of c $14 billion. But, based on long term copper projections and assuming earliest production is c. 2022 , copper is likely to be higher, ditto gold/silver.Capex will be considerable but working right back to PEA , assuming they do further drilling to move some inferred up to indicated, when comparing a likely doubling/ tripling of the copper inventory ( when compared to BKM) and including the precious metals and Moly, it,s hard to envisage a PEA NPV lower than $1 billlion based on an 80% interest.Assuming the production licence lands in the next 2 weeks , they should be able to generate a PEA by summer 2018 and a BFS by 2020I am assuming these timescales are accurate ?Doesn,t this make the case for HZM stronger actually since BFS completion will be Q1 2018 and production expected late 2019ARS is 2 years further to production than HZM.

[plasybryn] 29/11/2017 17:06

Thanks Mr Roper

[mr roper] 29/11/2017 17:05

Plasbryn
hope this helps address your points

JV partner - certainly for Beutong, for BKM i think they are looking for a local minority stake partner..

Funding for BKM is estimated at approx 160m bucks. Fund raising would roughly be 1/3 equity to 2/3 debt

BKM BFS is due by end of Q1. Then production expected late 2019.

[plasybryn] 29/11/2017 16:49

I popped into the stand at Mines & Money. I can't say I know much about this stock, so please bear with me.
But given all the bullish comment around on copper, I thought I would take a look.
I spoke to Sashi Sethi Managing Partner of "flowcomms" and also to Stephen G. Hughes, Vice President Exploration.
I was impressed that JP Morgan came on board recently with a sizeable 8.31% holding & I was told the Board hold 4.8% ("skin in the game" always a good sign)
They both seemed pretty upbeat and I got the impression the long awaited Beutong Porphyry Project (40% owned) licence isn't far away. But I expect you have all heard that before! If true that could be significant I guess.
Am I right in also thinking they would accept an Indonesian J.V. partner to strengthen their presence on the ground. Is that how they aim to fund the mine?
With people talking of copper going to $5/lb, this could be a very attractive investment over this part of the copper cycle.
They appear to be fully funded for the BKM Copper Deposit DFS although I'm not sure when this is expected. Can't be that long. Can anyone clarify please? Is it then about 18 months or so to production?

[charles clore] 29/11/2017 15:10

Now where's that dry powder...