Asiamet Resources Share Discussion Threads

[mr roper] 19/12/2017 11:13

Solid results.

[buildit1] 19/12/2017 10:51

Hi guys. I cant see the full RNS for some reason. Would someone mind posting it on here for me. Thanks

[charles clore] 19/12/2017 10:41

There goes my bid theory down the chute lol!

[jackbal] 19/12/2017 10:34

Can see us ending red today. Hope not, but don't think this RNS will generate too much buying volume.

[mrpiggy] 19/12/2017 10:32

That you reducing again 2LB?

[adorling] 19/12/2017 10:26

Typical ARS good news on metallurgy results and the sellers come out on cue!

[geic] 19/12/2017 10:21

Something happening bid price up Big g

[mrpiggy] 19/12/2017 10:11

Ditto CC, maybe a lowball offer in the pipeline!It's almost like they have engineered the share price to flatline. All may be revealed in the near future. Disappointing run up to crimbo though!

[charles clore] 19/12/2017 10:00

Perhaps someone at the top has decided to scale back shareholder expectations for whatever reason. News of ever expanding resources is very nice but all it really does is give information to potential predators whilst at the same time making shareholders richer on paper. Clearly Steve had to be reined in as he was getting too enthusiastic and giving the game away. I suspect we may, from now on, only be fed essential price affecting news. As for that licence and the met results, well it feels as if they were never mentioned. Personally I think something is going on in the background where the company is forced to contain / re-evaluate releasable news for fear of sending the price higher. News blackouts happen for a reason. May be an offer to purchase some, or all, of the company. Having said that we could get licence news tomorrow.

[mattjwhity] 19/12/2017 09:50

Lab issues I expect. It was mentioned by Steve in the last interview.'Backlog' was the term I think.Is a bit odd with so much to report on, the licence can wait but short columns and BKZ updates must be imminent.

[dorset64] 19/12/2017 09:38

So what has happened to all the news we were due, why are they now on a news blackout? I moaned that Steve was promising things he had zero control over and wished he kept his mouth shut but now, after all the moans, this is exactly what the whole company are doing so, are they doing this to ensure that Steve et al do not raise expectations when they can not deliver, or are they holding back info which most surely would not be the case as they have to release what they have when they have it.

So despite all of their optimism and promise of news, they have nothing to release and, I am saddened to say, this whole episode has been handled terribly by the BoD's which, given its such a brilliant company to be invested in is such a shame.

I am not talking down my own investment as I will again be buying in January onwards, but for simply writing what I feel, and I feel the BoD's & Steve especially have lost some credibility now and especially if the not to be mentioned licence is not RNS'd by the end of the year. Furthermore we were due some other result too were we not, but alas, where are they now so come on newsflow/licence/BoD's lets not make it a news blackout Xmas period.

[hawks11] 19/12/2017 07:30

Perhaps he is thinks he is St Stephen and spreading his Gospel at this time of goodwill?

[adorling] 19/12/2017 05:37

Stephen - go post your ramp on the ALBA thread - this is ARS

[adorling] 18/12/2017 22:06

Copper on a charge at $3.14 lb which is getting close to the PEA model 1.5 years ahead of time! Huge value add for ARS new NPV when BFS published in Q1.

[delboy ars mad] 18/12/2017 12:31

Thanks to our friend who's selling stacks.I have topped up thanks to him taking the price down, hold tight news very soon 30p at least by next Christmas...

[snickerdog] 18/12/2017 07:45

Up today, bounced off support last week

[mattjwhity] 17/12/2017 19:34

https://www.youtube.com/embed/eyZQmJf5IiM

[mount teide] 17/12/2017 13:33

Ivan Glasenberg, Glencore’s tough-talking boss, said in a recent interview the company is now in its strongest financial position in 30 years.

Underpinning the turnaround has been industry curbs on supply — both voluntary, to push up commodity prices, and involuntary, such as strikes and stoppages.

He said that capital expenditure in the mining sector has fallen by an unprecedented 70% since 2013, with all the major firms reluctant to embark on big new mining projects.

Glasenberg says the industry’s pipeline of new copper projects is shorter than it was before the China boom with the main industry focus continuing to be rebuilding balance-sheets and rewarding shareholders who kept the faith.

The big difference between now and prior to the Chinese boom is that warehouse stocks were then at record high levels whereas today they are at decade low levels - a perfect storm for much higher prices over the decade ahead even before factoring in the huge additional demand from the rapid development of the EV industry.

[snickerdog] 17/12/2017 11:44

Copper may be $4 or certainly over $10,000 per tonne. Things could get interesting then!

[mattjwhity] 17/12/2017 10:03

All in all, not a bad week...SP bounced off support below 8pCopper up significantly Yes it was lacking updates but it's not like we're expecting a poor RNS. Although the guy selling at 7.75p clearly thinks so...My guess is January will be rammed full of updates. And it will be a busy Q1.Let's hope the news trickle starts soon. I'm looking forward most to the BKZ updates as the licence and Mets are likely to be good news... we still have some unanswered questions on how far BKZ goes towards BKM.Hope no one is watching the cricket...Good luck

[charles clore] 16/12/2017 16:51

Culminating in a possible shortage by 2019. Now let me see, when is production planned by ARS again?