Asiamet Resources Share Discussion Threads

[sos100] 19/10/2018 13:14

This should be a wake up call especially for TM who has bought heavily in the open market.

He said in time the company could be worth hundreds of millions if not billions of $ ,and sunk costs of these projects are worth more than present market cap (i think when we traded around 3-5p)blah blah blah...
How about trying to get to at least £100m without more balls up and stop treating the loyal private investors as mugs.

this kick up the jacksie will hopefully see us make new highs at some point next year..

[littlemadam] 19/10/2018 13:13

I'll have a look unde the bed

[ifthecapfits] 19/10/2018 13:12

Nice sofa!

[littlemadam] 19/10/2018 13:11

tektonik, dorset. It works. I just found £7k down the sofa!! Had to pay 7p

[dorset64] 19/10/2018 13:09

I thought long & hard about buying anymore after yesterdays fiasco but, in the end, the reason I first both in some 18-20 months ago still remain and in fact, are stronger today than ever before. The assets are still there although the common sense of the directors appear not to be.

Despite still being angry with them, in 12-24 months I'll be over the moon to be buying another 220,000 shares right now at a tad under 7p.

[mount teide] 19/10/2018 13:09

d64 - not letting emotion cloud a judgement is a rare and admirable trait in today's equity markets.

On the balance of probabilities, where the valuation has the potential to be in 2-3 years has probably improved if anything following yesterday's news since it has forced a change in strategy - the likely early development of Beutong as a stand alone asset with a partner(which i suspect could well be Indonesian)

[tektonik] 19/10/2018 13:03

Well in Dorset, I may see what I can find down the sofa...

[dorset64] 19/10/2018 12:52

Sod it, I'm gonna buy a chunk more.

[tidy 2] 19/10/2018 12:32

Offering over 7p to sell now.

[arhaych] 19/10/2018 12:31

Some people got mugged this morning, selling at just over 5.

[zho] 19/10/2018 12:26

jimbo - the negative story was posted on Monday but was only picked up on yesterday

[jimbo310813] 19/10/2018 12:24

It stinks of someone leaking the negative story prior to the 2 RNS knowing full well it start the price dive with people panic selling. Then the 2 RNS's drove the price down to today's low for those to then hoover up the shares at 3 or 4 p lower than they were previously trading at. I suspect the share price will recover quicker than those on here have speculated and those in the know will be happy with a large purchase at a very decent discount...

[yasx] 19/10/2018 12:21

Nice trade for the morning...sold for a turn. Back later.

[tidy 2] 19/10/2018 12:15

Can sell at the ask now. Big order filling here. Orchestrated news drop imo

[mount teide] 19/10/2018 12:10

The last placing was for $7m at 11.0p - with Beutong's future drilling costs likely to be heavily carried by going down the route of securing a partner - I suspect any future placing will likely be less dilutive and at a higher price than many have suggested since viewed from a medium/long term perspective yesterday's announcement will have changed little with respect to the investment potential.

[wisteria2] 19/10/2018 11:43

Agree calum.

[calum] 19/10/2018 11:40

A lot of big buys going through. It would do wonders for share price & credibility of the management if they RNS some director buys today.

[ifthecapfits] 19/10/2018 11:40

and I guess there is a reasonable chance of that. I haven't sold any as in it for the long run. Hard though being down 10k. Only wish I had the kahunas to purchase more this AM. Considered it but decided against.

[wisteria2] 19/10/2018 11:37

Well if the company management come up with an rns in the next couple of weeks saying they have secured a finance package, then we will know that this raid was very likely done by those in the Know!

[mount teide] 19/10/2018 11:13

yasX - advfn has no one with a more selective memory than you!

Edit : good to see you follow us into SAVP and ARS.

[charles clore] 19/10/2018 10:47

adorling - we have plenty of copper but it's not for sale yet. Before that happens it has to be viably extracted and processed. Before that happens the resource has to be accurately assessed and the mining operation costed. Before that we need the trust and backing of financiers (or at least, their palms will have to be greased). So quite a big gap there at the moment and that gap got much wider yesterday. I am hoping for a simple solution but I fear the bod will have to relinquish a large chunk of Beutong.

[yorkie14] 19/10/2018 10:46

Well looking on the bright side the seller maybe out now!

GL LTH