Asiamet Resources Share Discussion Threads

[monttim] 23/2/2018 07:25

Horneblower,
Nice post. Great post to end the week on. Here’s to 1 pound also by 2020
Cheers
Mont

[horneblower] 23/2/2018 00:15

Timing and luck are both important for searching for ten-plus baggers.

You need pretty much everything going in your favour when it comes to commodities...

Not in any particular order of merit...

1. The resource: Large and expanding resource in a single, major commodity (forget extraneous stuff such as, in ARS case, silver, gold, lithium, opium, champagne, possibly even zinc. They are all side herring distractions).

2. Demand for the resource: It's no good having loads of prime beef if the world's gone vegan! As it happens, demand for copper appears to be rising dramatically due to two major influences, 1, world economic growth. 2, world de-carbonisation and a switch to electric powertrain vehicles. (Don't take this for granted, the tech could go in many different directions...but it's looking good!)

2. Location: preferably US or AUS but otherwise some place that's amenable to International Court of Justice rules. If US scores 10 and Democratic Republic of Congo scores 1, then Indonesia probably scores 6 and Brazil 6.5.

3. Infrastructure: Availability of transport and energy. To mine anything you need on-the-spot power and cheap enough transportation to your customers. This is a vital but tricky constituent of success which involves the distances to ports, the terrain and the weather. The logistics for ARS have not yet been fully explained by the management but my opinion is that although there are difficulties, with good management it is not a major problem, ie it IS a potential problem (which needs good management to deal with.

Finances: Mines cost millions and millions! Mining finance is a well developed global industry. The best projects with the best management get the cheapest finance. However, it's a highly sophisticated poker game and timing plays a big part. To get a good deal you have to have a lot of experience and a fair wind. I think our management team have the experience and the timing feels ok. Good luck Tony Manini and CFO.

So, how do we stand?

Sadly, I'm not an expert mining analyst. All I can do is ask the questions and guess at the answers. However, after considerable thought and investigation I'm gambling quite a lot that we will do the business...eventually. Much patience still required. Here's to £1 plus by 2020.

[mount teide] 22/2/2018 22:12

Industrial Metal/Commodities the place to be in 2018 and beyond.

Following chart compares the GSCI Commodity Index(20 major commodities) v S&P500 over nearly 50 years. The hugely cyclical nature of the GSCI Commodity chart closely mirrors the Baltic Dry Index Shipping Chart over a similar period.





Andrew Scott - Proactive Investors
"Steve Hughes, what's the secret of your recent amazing success with women"

Steve Hughes
"I shoot em a smile and then whisper in their ear the three little words that drive all women wild"

Andrew Scott
"National Lottery winner?"

Steve Hughes
"Nah mate, Asia Met shareholder"

[monttim] 22/2/2018 22:06

Hi Arf,
You can have the best resource in the world but that must be matched with the best Board of Directors and Management. We are fortunate with ARS we definitely have the world class on both counts.
Without a great BOD everything can go to pit very quickly.
ARS will succeed and reward.
A very overused cliche, however rock solid patience is required sometimes.
Frustrating but necessary.
This will take off and when it does anyone without a holding will be chasing the price upwards.

[arf dysg] 22/2/2018 21:48

hawks11, considering the above (11715) I do wonder why the price hasn't already rocketed up. Half of me is thinking "If it were this easy, everyone else would already have bought" and the other half is thinking "The stock market is a funny place, and mis-pricing is very common for loads of reasons."

I had shares in Mano River Resources years ago, and they had some exploration properties in West Africa. Eventually this split into Aureus (with the gold and diamond interests) and Afferro (with the iron-ore interests). They were making great progress with drilling for iron ore and had defined resources of a few hundred million tonnes of haematite. Somehow it all went wrong and got taken over rather cheaply. It would have needed a railway line to get the ore to a port, but it was a reasonably good grade of ore, so it seemed to be a viable project. This all makes me wonder how wary one should be of exploration.

[jackbal] 22/2/2018 21:18

Thanks Arf. Will refrain from clogging up in future

[arf dysg] 22/2/2018 20:51

Jackbal, you can edit your postings if you just press the EDIT button at the top of each posting.

[hawks11] 22/2/2018 20:10

Take from the Optiva broker note on 7th Feb.

" Asiamet Resources Ltd (ARS) will soon start the transition from an exploration-development company into a low-cost copper producer. 2018 will be a monumental year for Asiamet with the feasibility study for the company’s BKM copper project due imminently. This will be followed by the conclusion of project funding and final permitting. Whilst development work continues apace, Asiamet continues to drive value with the drill bit and a maiden resource for the newly discovered polymetallic BKZ zone is expected once the current definition drilling is finished. At Beutong, the crucial Production Licence has been granted, allowing the company to put the project back on the development curve."
Anyone reading that paragraph alone would be reluctant to sell very many shares of the company, they use the words soon, low-cost copper producer and " 2018 will be a monumental year."

[jackbal] 22/2/2018 16:33

*And I also appreciate the gravitas

[jackbal] 22/2/2018 16:32

Many thanks HB. Your efforts are greatly appreciated by me and I also the gravitas you bring to proceedings.

[yorkie14] 22/2/2018 16:29

HB, we seem to be on the same wavelength with ARS & HZM. I also hold SAV another play on EV.

[mr roper] 22/2/2018 16:14

those zinc and silver grades are absolutely knockout. World Class!

[horneblower] 22/2/2018 16:11

Hi Jackbal,
The only other UK stock thread I run is HZM.
Basically I'm a chartist. I liked the ARS chart back in August 2015 and because they had just changed their name from Kalimantan they needed a new thread. Since then I have built up an understanding of the company and hold quite a lot of shares.
The HZM thread came about because the original thread creator seemed to have disappeared and somebody needed to start a new thread. As you will see, the HZM header is rather similar to this thread.
I have a few HZM but it doesn't excite me in the way ARS does.

[jackbal] 22/2/2018 15:52

Thank you Zho.

[waterloo01] 22/2/2018 15:41

I dare not ask about funding, but it would explain the weakness over 10p. (I bought some more after today's RNS.)

[bobby1904] 22/2/2018 15:37

Background seller imo. Once cleared this should rocket. May take couple days though...

[charles clore] 22/2/2018 15:17

I see the penny share scalpers are at it again

[zho] 22/2/2018 15:14

Jackbal,

You can left click on a poster's name to get a list of options, including threads started by them.

Edit:

[jackbal] 22/2/2018 15:00

By the way, thanks for doing so on ARS

[jackbal] 22/2/2018 14:59

Anything else meaning any other stocks that you rate

[jackbal] 22/2/2018 14:59

HB, have you stated a thread on anything else?

[horneblower] 22/2/2018 14:36

21% zinc!
Surely some mistake. ☺

[jackbal] 22/2/2018 14:15

Why oh why did I start messing with Amur minerals? Should have just kept piling in here!

Still by far my largest holding and haven't sold a bean.

[jackbal] 22/2/2018 14:13

Congrats fellow holders. The story gets better and better.

Exceeded expectations which I would hazard a guess were already quite high.