Asiamet Resources Share Discussion Threads

[mount teide] 13/12/2017 13:28

'It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.' Warren Buffett

Extremely wise words - Trust is a very precious commodity and should be guarded like Fort Knox.

One of the investment attractions of ARS from the initial research i carried out was the management reputation for transparency and delivering against pre-advised operational timetables.

Sadly, for the first time since investing management have put their hard earned and enviable reputation in this connection at risk - they should reflect on Warren's extremely sound advice and get back to issuing statements and making verbal forecasts that are accurate and deliverable.

[mr roper] 13/12/2017 12:43

Mr P, BKM will most likely have an Indo minority partner, would expect it be announced possibly alongside the financing.

For Production i'd be thinking Q3/Q4, 2019.

[mrpiggy] 13/12/2017 12:40

Agreed on all HB, would expect 2yr to be a good time frame but that will work well in our favour as copper will be flying at that point.The company have stated that we will be debt free once in production at BKM in 2.4 yrs and even at $2/Lb we I'll be profitable due to the very low strip ratio!I think they said that the 1st dollar goes on costs and the rest is profit!We can expect news on a joint venture for BKM any time soon, I think ARS stayed it was looking for an Indonesian partner!Next year should be very exciting for all LTH's but it would be nice for the company to give us a Christmas pressie and get the Grinch off our backs!

[horneblower] 13/12/2017 12:23

Now, now MrP.

Minimum 18 months before production I would have thought. 2 years more likely.

However, when we get nearer to production, even at current copper prices, our share price will be multiples of where we are now.

[charles clore] 13/12/2017 12:17

Wednesday would be a good day for news imho

[mrpiggy] 13/12/2017 11:37

I'll stick my head above the parapet Dorset64/Mr R and predict copper to reach $4/lb next year as the squeeze begins rising to $6/lb in the following years when the deficit becomes reality noticeable!!Rising copper prices have got to help as we aren't that far away from producing at BKM!

[dorset64] 13/12/2017 11:27

Still Mr P, at least copper's bouncing back again. Hopefully motion that will fall over to our share price as well.

[mrpiggy] 13/12/2017 11:18

I think you have summed up very well the feelings of all LTH's Dorset 64.We never manage to cling on to our gains and get punished for holding!

[dorset64] 13/12/2017 11:06

Mr Roper13 Dec '17 - 09:30 - 10401 of 10404

well. the early met tests were supposed to be "early December", if you want to be pernicketty, technically we're almost at mid December.....

no point giving a timeline if you can't hit it...

=========================================================

Exactly Mr R. First we had Steve on video giving dates on a licence that we've horribly missed, and now we have others giving indications of dates for the release of the met details, which we've now gone and missed.

If they don't release news soon then peeps looking in will start to disbelieve anything they say in the future. Great top up options now which I think will take advantage of & buy some more, but FFS, in future ARS if you give a date of anything, firstly make sure you can keep it.

[charles clore] 13/12/2017 10:48

They are slowly chipping away at recent gains in a no news environment. Yes the perfect time to buy but no I wont be adding any more.

[calabrian] 13/12/2017 10:13

Hello everyone. I posted a couple of weeks ago regarding a friend who had tipped these for me. I've been following the posts, some good stuff and some behaviour which I've seen on so many other boards. But I'm keeping an eye on Asiamet. :)The price has fallen from when I first took an interest. I haven't bought but may in the future. Perhaps for me buying after (more) good news is better.I'll keep watching, I'm interested in how low these may drift down without news of the next stage. And interested how far they may go up when you get the news you anticipate. However with that news I would expect a long happy future, so no rush for me.GLA

[mr roper] 13/12/2017 10:06

copper on the up though...

[mr roper] 13/12/2017 09:30

well. the early met tests were supposed to be "early December", if you want to be pernicketty, technically we're almost at mid December.....

no point giving a timeline if you can't hit it...

[snickerdog] 13/12/2017 09:17

As ever all opportunities especially at these levels

[mr roper] 13/12/2017 06:37

Do you have a link to the podcast, scary?

Think the last note had a 17p target

[mr roper] 12/12/2017 14:48

it's over on lse..

[yorkie14] 12/12/2017 14:48

Not showing on HL Mr R. But that is it....

[mr roper] 12/12/2017 14:43

thought it was this one, Yorkie..

12-Dec-17 12:51:38 9.01 110,855 Buy*

[yorkie14] 12/12/2017 14:40

Notice my trade not showing yet at about 12:54.

[mrpiggy] 12/12/2017 13:40

Well done Yorkie!!Wonder what happened to snickerdog? That name made me hungry too! :@)