Asiamet Resources Share Discussion Threads

[shareideas1] 11/9/2018 08:19

I suspect Indonesia will always trade at a discount to other territories

[mrpiggy] 11/9/2018 08:16

Soooooo, we are valued at a third of the in the ground value of our peers so basically the share price should be around the 30p mark so 20-22p broker valuation is very conservative. It doesn't take an Eisenstein to work out why. The incessant selling since spring has flat lined us but sooner or later they will run out of shares to sell and at that point we will take off. My cynical mind thinks the incessant selling is related to the funding of BKM but that's just a hunch.

[mrpiggy] 11/9/2018 07:17

Apologies if this has already been posted. The tide will turn soon on the copper market.... its just a matter of when. Copper assets too cheapThe broker said the copper contained within its projects is being valued at $36/t compared to a peer group peer group average of $118/t.https://www.google.co.uk/amp/www.proactiveinvestors.co.uk/companies/amp/news/202670

[mrpiggy] 10/9/2018 13:07

Eric Fishwick, head of economic research at CLSA, said the ongoing trade tussle between Washington and Beijing could actually push China to shore up both its economy and its geopolitical positioning. He pointed to the country's mammoth Belt and Road Initiative - an infrastructure and investment program widely seen as an attempt by China to construct a massive, multi-national zone of economic and political influence that has Beijing at its center.https://www.google.co.uk/amp/s/www.cnbc.com/amp/2018/09/10/trump-trade-war-on-china-may-have-perverse-reaction-clsa-economist.html

[mount teide] 09/9/2018 13:18

Anyone labouring under the misapprehension that China's spending on infrastructure development has peaked and in decline should read Arden Partners Copper Report very carefully.

The Chinese Government is planning to move between 150 million and 200 million of their rural population to lower tiered cities by 2025, while in parallel undertaking the biggest infrastructure project the world has ever seen - the New Silk Road Project - which Beijing says will see China ultimately lend as much as $8 trillion for infrastructure in 68 countries. That adds up to as much as 65% of the global population and a third of global GDP, according to the McKinsey.

Following re-unification - German and EU taxpayers funds totalling 2 trillion Euros were spent on infrastructure development in the former East Germany to bring the old communist nation up to a second tier EU standard for its 16 million citizens. There are currently over 100 million mostly dirt poor EU citizens living in other former Eastern European communist states - China is aiming to move nearly twice that amount from rural farming communities into new, fully electrified, second tier Cities by 2025.


Arden Note:

'We believe China is accelerating into a phase of infrastructure development. China has gone through a recent period of shadow banking reform, largely around the highly publicised Public-Private-Partnership projects, which currently stand at a value of US$2.8 trillion.

The projects have not had momentum until recent reforms have given central government greater control at local government levels to enable quicker implementation of suitably ‘vetted’ schemes that the Chinese government deem will help to grow their long-term plans; targeted around moving between 150 million and 200 million of the rural population to lower tiered cities by 2025, and with a wider focus on two key dates ahead:
2021, the 100th anniversary of the communist party, and
2022, President Xi’s 10th year in office.'

[mount teide] 09/9/2018 12:46

Ref: Arden Partners Copper Report - For the sake of accuracy the Bloomberg chart used on page 3 of the Report comparing the LME Copper Price with the FTSE 350 Mining Index over the medium term is incorrect: the X-Axis timescale is wrong.

LME Copper bottomed in Feb/March 2016 not Feb/March 2015 as suggested by the Bloomberg Chart. This is important in the context of where the Copper Industry is at this point of the recovery stage of the new market cycle.

Adding a year to each time period on the X-Axis makes the graph data correct.

[plasybryn] 09/9/2018 12:13

What is our cash position?

[tektonik] 09/9/2018 11:19

Thanks for sharing ukfam, only just finished reading it this morning! Comprehensive note on Copper investment with featured companies.

[ukfam2] 08/9/2018 16:11

From the CAML board. P.69 for ARShttps://drive.google.com/file/d/1hyR1byoPJDqIFP0vMrw7qFymBbCg5Ome/view

[mrpiggy] 08/9/2018 10:43

Bahamas with backing.

[trigger blade] 08/9/2018 10:40

Mrpiggy,

You have way too much time on your trotters 🙂

[pyglet] 08/9/2018 10:38

When does the casting take place?

[horneblower] 08/9/2018 10:21

Crackling good yarn, though ☺

[mrpiggy] 08/9/2018 09:36

Sadly not horneblower as I clearly can’t get any backing.

[horneblower] 08/9/2018 09:15

Nice, Mr P.
Will it be made into a film?

[monttim] 08/9/2018 00:03

With a stock like ARS, you really can’t be watching every daily tiny % of a p either up or down. If you day trade then fine, this is your bread and butter. But to day trade a stock like ARS in its drilling infancy is wrought with danger. It doesn’t work with ARS for many reasons. This is a super growth stock over for the next few years.
It’s quite simple, the Board are throwing every tiny bit of information at us for a reason. They want our undivided acceptance of the fact they can take us to multiples of today’s market cap. I support this strategy and support the Board going forward. The same goes for talk of whether there will be a take out at 25 or 30p. At this stage it’s interesting , nothing more.I think this Board will take us to multiples of 10p if they have the shareholder and financial mechanisms screwed down. Only time will tell, however going on past experiences they have more experience at this than probably everyone here, plus they have all the insider information that we don’t. This is why they continually inform us what they are doing up the point they can, then unfortunately have to stop.
Along the way we have flat periods, down, up, flat and so it goes, that’s the DNA of a super growth mining stock like ARS.

[charles clore] 07/9/2018 17:36

pyglet - yeah this is such a cr@p share everyone is lining up to sell. It can't be one seller or we would have had a TR1 by now. UNLESS the seller is foreign and chooses to ignore the UK rules.

[pyglet] 07/9/2018 16:32

2% - I'll take that

[mr roper] 07/9/2018 14:12

Mr p, we're not in the 9-10p range

[walter walcarpets] 07/9/2018 14:06

TB: off topic LOL

[pyglet] 07/9/2018 13:02

Someone is desperate for the cash

[mrpiggy] 07/9/2018 12:53

Its evident that some group or a large body has the firepower to keep us in the 9-10p range..... frustrating to the power of 10.
How many more million/tens of millions sells before we find out who’s behind it?
I was hoping it was traders but these are the same rounded sells as we’ve had since March.
On the plus side we are still blue.... hopefully:@\