Asiamet Resources Share Discussion Threads

[mr roper] 28/2/2018 13:50

it really is a superb interview

[sos100] 28/2/2018 13:28

Great interview with TM

[scarymonster] 28/2/2018 13:22

buildit I don't have the full details just saw the initiating coverage mentioned here although check out Asiamet's twitter feed as they mention it there now also (from Kev on Twitter).

[barneycosmo] 28/2/2018 13:07

Mr R. Tony is on today's podcast which is available. First up.

[mr roper] 28/2/2018 10:53

any idea what time he's on?

[yorkie14] 28/2/2018 10:52

I was just thinking to myself the other day that we have not seen much of Tony for a while. It will be good to hear from the main man himself...

[buildit1] 28/2/2018 10:11

Can you send a link to the Liberum write-up/note? Would be much appreciated.Thanks

[haydock] 28/2/2018 09:44

hxxp://www.ichimokutrader.com/

Bullish signal 26th of Feb.
Now breaking out of the cloud.

[scarymonster] 28/2/2018 09:30

That was odd, was earlier reading the Liberum coverage post as I got out the lift at work on the way to the restaurant for breakfast (new job started January) and was faced with their office entrance door at the same time. They are in the same building as me.

[dorset64] 28/2/2018 08:58

Peter Bird, Asiamet's Chief Executive Officer commented:

"......The BKM Project remains extremely well positioned as one of the few advanced new copper projects moving towards production against a backdrop of a projected net short supply balance and rising copper prices."
======================================================

Just perfect.

[mr roper] 28/2/2018 08:38

good to know, kjawoogie. Thanks

[kjawoogie] 28/2/2018 08:22

Tony Manini should be on vox today

[mr roper] 28/2/2018 08:16

Solid results.

[highly geared] 28/2/2018 08:15

Another tick in the box with a suggestion of marginal improvement on the PEA assumptions. Based on the previous JORC and strip ratio information, it’s certain the BFS will provide an improvement on the $204million NPV from the PEA. The question is , by how much? My opinion fwiw is we’ll be at , at least $300 million or around double the current share price for BKM alone.
All shaping up very nicely...

[btb2] 28/2/2018 08:12

Liberum Capital has initiated coverage of Asiamet Resources Limited with a Buy rating, price target 20.00p
hxxp://www.brokerforecasts.com

[cyberbub] 28/2/2018 08:00

It's AIM I guarantee we will close the day in the red.

[hawks11] 28/2/2018 07:44

More and yet more good numbers, great for holders.

[monttim] 28/2/2018 04:13

I agree Finance won’t be a problem. A mix of debt and equity. Don’t forget there are local investors itching to invest. Investors in
London plus there are a number of existing heavy hitters just waiting if the opportunity came.

[mr roper] 27/2/2018 22:02

Finance won’t be an issue. Only have to look at the backers here

[highly geared] 27/2/2018 21:46

Bluerunner; the biggest headwind I see is finance. Mine development finance has been difficult across the industry hence developments stalling or being moth balled. Interest rates are also on the increase making finance more expensive. Add to a stock market that’s near a ‘top’ then there are macro risks. This is why I’d like to see the BKM BFS done ASAP and finance ( presumably 70% debt , 30% equity) confirmed. This de-risks everything, at which point I’d expect the share price to move toward the NPV figure...
I see a 6 month window for this.

[mr roper] 27/2/2018 20:14

Blue runner, if you look at the latest Ars presentation they were expecting I think, a 600k surplus in 2017, and 200k surplus 2018 before the deficit in 2019. It will be interesting to see what 2018 brings. If China grows at 6% and the US at 3% they will most likely be a deficit this year as well. Then...all hell will break loose for Cu.

[bluerunner] 27/2/2018 19:58

Mr Roper - yes, sorry my last point wasn't very clear.

The mid-2019 reference was based on an IC article at the start of this month.
It quoted analysts at BMO Capital Markets stating that "the supply-drive copper deficit ... is now only 18 months from fruition".
Later in the same article and referring to Chinese copper mining activity, it states that "such a problem would accelerate the emergence of a strong refined deficit, something we currently expect in mid-2019."

I guess the question at the end of my last post referred to any other events that might lessen the chances of the deficit deepening further with that mid-2019 timeline in mind.

[mr roper] 27/2/2018 19:28

Bluerunner, the copper deficit is happening now.