Asiamet Resources Share Discussion Threads

[arf dysg] 15/11/2018 16:29

zho (18031) "From the LSE thread:"

haha ha



I would like to see the chartist who, on the 17th of October, predicted that the price was about to drop to 7p and then drift down to 5p.

[aim0raider] 15/11/2018 16:28

That puts it in perspective MT. No bids at the moment, they'll be back. Co fundamentals unchanged from a couple of months ago. It will recover quickly when the time is right.

[zho] 15/11/2018 16:28

I'm afraid I can only see this downward trend continuing unless we have news which decisively changes sentiment, whether that be on funding, management loading up with shares, a break-out in the copper price, sensational drill results, and so on.

Gloomy :-(

[mount teide] 15/11/2018 16:07

The fall from 10p to 5p has seen around £8.5m of transactions reduce the market cap by over £40m.

[mcpaulas] 15/11/2018 15:44

Just when I thought I had seen the bottom it falls another notch.Robbed my piggy bank and just waiting for a double up opportunity.Falling below 4 would mean the company had made no progress over the last 2 years.

[mount teide] 15/11/2018 15:26

Interesting to note the list of 15 junior copper equities selected by Joshua Hall for inclusion in his Global Copper Junior Mining Index has experienced an average 39% peak to trough share price decline during the recent copper market correction; the first following two years of strong performance following the Q1/2016 recession low.

A potent mix of declining mine production, falling head-grades, limited new supply, the threat of strikes at major operations, inflationary cost pressures and near decade low warehouse inventories, combined with robust demand, green energy initiatives and the global EV build-out should not only materially increase copper consumption but, continue to strongly underpin this new copper market cycle for many years ahead.

[snickerdog] 15/11/2018 15:24

Getting ridiculously cheap now

[ayesha4] 15/11/2018 14:10

This case is without merit. Asiamet and its partners will be UNAFFECTED by this. This is pure scaremongering.

[mrpiggy] 15/11/2018 12:23

Couldn't have said it better my self adorling.

[adorling] 15/11/2018 12:18

Please don’t let these scaremongers with short positions take your shares of your hands after an already 50% retrace. They are so bloody transparent and our deed of title is absolutely rock solid. Enough said.

[highly geared] 15/11/2018 11:47

Also, just to add, IIRC the Beutong production licence took around 3 years to obtain, in the main due to extent of due process, consultation and deliberation by the granting government authorities. Seems to be a some ill informed stuff doing the rounds..

[mrpiggy] 15/11/2018 11:42

Light at the end of the tunnel. https://www.google.co.uk/amp/s/amp.cnn.com/cnn/2018/11/15/politics/us-china-trade-war-negotiation/index.html

[kjawoogie] 15/11/2018 11:29

Sorry production licence

[kjawoogie] 15/11/2018 11:28

If anyone has bothered to read the Beutong technical report you will see that there is an area of protected forest which hasn't just appeared it's always been there and isn't where we are drilling. Then look at the 36 - yes 36 conditions that had to be met to obtain the production licence and the level of interaction with local government. It's all in the technical report. Then ask why we received the development licence there was no issue, then we drilled Beutong and there was no issue, yet the elections started in September and all of a sudden it's an issue. I would suggest spending the time to read the relevant section within the technical report for Beutong and you can read it for yourself.

[sos100] 15/11/2018 10:44

if it's of any material consequence to ARS it would have been RNSed.

and besides we have more than just Beutong....

[jackbal] 15/11/2018 10:38

Defendant not dependent.

[jackbal] 15/11/2018 10:35

I don’t have time to thoroughly read up on it right now but there’s an article that’s been translated over on LSE by “megatron̶1;

Suggests a court hearing on 21/11 re permits covering 10k hectares of which 6.5k are protected forestry. Dependent named as PTemm.

Sorry all, please don’t shoot messenger but at a glance it doesn’t read well.

[buildit1] 15/11/2018 10:06

Also can they buy in the open mkt if they are talking to potential partners?

[zho] 15/11/2018 09:50

Mrpiggy,

If the directors buy wouldn't make more sense for them to buy in a placing?

[mrpiggy] 15/11/2018 09:47

Looking forward to seeing the directors buy RNS here showing the market that it's a steal.

[kjawoogie] 15/11/2018 09:23

Strange as I bought at that price at around the same time

[cyberbub] 15/11/2018 09:22

There's the big sell trade gone through, delayed 1.3M. Smaller than I expected to be fair.

[aim0raider] 15/11/2018 08:16

Copper looking good this morning.