Asiamet Resources Share Discussion Threads

[mrpiggy] 30/4/2018 14:26

Thank you for your response Parthus, much obliged!

[parthus] 30/4/2018 14:21

Mr Piggy

3 times during the day is auction time for 10 minutes each time.

It is a strange business but in the end the price usually reverts to the quote just prior to the start of the auction.

Ignore it !

[mrpiggy] 30/4/2018 13:30

I do kind of wonder who the hell is selling at this level and why!Let's hope the share price bounces off 11p like last time!A casual observation is that the bid has been higher than ask for a few minutes on 3 consecutive days now, something I have never seen before and I do wonder what the hell is going on. Does anyone have an explanation for this?

[mr roper] 30/4/2018 12:41

"Given Gertler’s "historical collaboration" with Congolese president Joseph Kabila, the Congolese courts are unlikely to reverse this order in the near term, he said."

[mount teide] 30/4/2018 12:28

Gertler has for years been corrupt Dictator Kabila's middleman for State mining and oil asset sales in the DRC - any multinational wishing to do business in the DRC in these sectors has to go through Gertler to ensure Kabila and his criminal cabal get their cuts.

The USA added Gertler to their sanctions list last year for "amassing a fortune through hundreds of millions of dollars’ worth of opaque and corrupt mining and oil sector deals” in the DRC.

[mr roper] 30/4/2018 12:28

good post, zho. black swan for the copper market.

[zho] 30/4/2018 12:01

From this morning.


Assuming Glencore's DRC assets halt production, the impact on the copper market is likely to be large . Our analysis suggests the lost 360kt of copper will shift the copper market into deficit for 2018.

[mrpiggy] 30/4/2018 09:17

From HGs last post...... The note is well worth reading particularly the Indonesia section, which puts to bed any uninformed opinions around political risk. More to the point Tony Manini has had years of experience dealing with Indonesian officials and is well known and respected there!

[highly geared] 30/4/2018 07:36

The note is well worth reading particularly the Indonesia section, which puts to bed any uninformed opinions around political risk. Asiamet spent over 2 years acquiring the Beutong production licence and a similar period for the revised long term tenure KSK COW. The latter has seen a sensible negotiation on giving the government a greater royalty on production in turn for a doubled production period before divestment is required. With in country smelting for BKM , no political issues to address.

It’s been said countless times but the real value will be seen here from mid 2019 onward when Beutong resource/scale and PEA is known, BKM is financed and is nearing production and we know more on the resources of the other KSK prospects. However, I’d speculate anyone looking to buy mid 2019 will be paying 30-35p.

[lauders] 30/4/2018 01:55

Thank you Mattjwhity. Nothing new but it all helps get the word out.




Key notes:

- Great team in place, check their history, they have done it before

- Beutong: 6x the size of BKM, the main value driver in 2018

- Final agreements with the government have been made and released to the market, providing a strong base for mutual benefits

- BKM: easy cash-flow rich open pit operation to kick-start the other projects

- KSK District wide open for similar discoveries

[monttim] 29/4/2018 23:26

Yes, very soon.

[yorkie14] 29/4/2018 19:38

20p anyone?

[dailylarma] 29/4/2018 18:39

10p anyone?

[mattjwhity] 29/4/2018 18:15

https://ceo.ca/@pete/asiamet-the-calm-before-the-stormFrom the twitter group.Comprehensive review for anyone considering jumping in before it all kicks off.

[mount teide] 29/4/2018 11:39

In tandem with the price of industrial metals, the Baltic Dry Index (BDI)dropped off from its more than two year high during Q1/2018 amid fears that buoyant global growth may have hit a soft patch and had started to slow.

This concern is starting to look short lived, as the BDI has rebounded extremely strongly at the start of Q2, surging some 45% in just the last two weeks.

The BDI is a global trade indicator that measures deep sea shipping costs for commodities and the future direction of economic growth. It is seen as a global growth bellwether.

To give some context to this recent strong rise which has taken the BDI up 363% from the H1/2016 low, it is still 88% down from the 2009 peak of the last shipping/commodity cycle - strongly suggesting that the shipping/commodity markets are still in the early stages of recovery, since the BDI could quadruple from today and still not reach the mean value of the last shipping/commodity cycle.

[mattjwhity] 28/4/2018 12:00

https://investorintel.com/market-analysis/market-analysis-intel/analyst-says-copper-deficit-set-deepen/A reminder on where and why Copper will be higher than current prices when we will be PRODUCING in 2020 onwards.May next week ... and the start of the big milestonesBKZ MAIDEN RESOURCESILVER MOUNTAIN UPDATEBEUTONG DRILL NEWSBKM BFSBAROI FORESTRY PERMITGood luck all LTH's

[bootie64] 28/4/2018 11:20

Thanks for posting Mr Roper and also expect price rise H2 onwards

[mr roper] 28/4/2018 09:34

Icsg forecast deficit of 330k tonnes for 2019
hxxp://www.bnamericas.com/news/miningandmetals/icsg-copper-market-forecast-2018-19

Expect the cu price to rise in h2 when reality becomes apparent.

[mr roper] 28/4/2018 08:56

Large amount of copper required lol

hxxps://cleantechnica.com/2018/04/24/china-installs-nearly-10-gigawatts-of-solar-in-first-quarter-up-22/

[monttim] 28/4/2018 03:07

We do have a world class resource. Rest assured no one is going to steal this company off us.

[monttim] 28/4/2018 03:06

We do have a world class resource. Rest assured no one is going to steal this company off us.

[neo26] 28/4/2018 01:21

Just prey you guys dont find world class resource?They will steal off you..

[mount teide] 27/4/2018 17:55

A recent extremely useful report on Copper Industry Mining Costs compiled by Jorge Cantallopts, Director of Research and Policy Planning at the Chilean Copper Commission - it should be standard reading for all invested in the industry or are considering an investment in the sector.

Of particular interest is the first graph in Section 1 - a Comparison since 2000 (the last industry cycle low) of the development of net cash costs (C3) of the Chilean copper mining industry versus the rest of the world and in comparison to the refined Copper Price.

As a result of a huge drop in production grades at the major mines over the last two decades and the continued historic trend of most new mines to have lower grades, it is fairly safe to assume that to meet future demand the price of copper is almost certain to continue trending higher to make it commercially viable to develop the new production required.

[highly geared] 27/4/2018 17:07

I always felt April would be a difficult month with no substantial news yet still 2 months away from BKM BFS. Hopefully the BKZ maiden resource will energise buyers + Beutong drill results coming through with more regularity + the move to 80% ownership. ARS was:is a minimum 18 month play from here and realistically 3 years +. The rewards for those who stay the course will be substantial...