ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

ARS Asiamet Resources Limited

0.60
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Asiamet Resources Limited LSE:ARS London Ordinary Share BM04521V1038 COM SHS USD0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.60 0.55 0.65 0.60 0.60 0.60 1,654,384 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 0 -6.93M -0.0027 -2.22 15.56M
Asiamet Resources Limited is listed in the Miscellaneous Metal Ores sector of the London Stock Exchange with ticker ARS. The last closing price for Asiamet Resources was 0.60p. Over the last year, Asiamet Resources shares have traded in a share price range of 0.575p to 1.625p.

Asiamet Resources currently has 2,594,081,929 shares in issue. The market capitalisation of Asiamet Resources is £15.56 million. Asiamet Resources has a price to earnings ratio (PE ratio) of -2.22.

Asiamet Resources Share Discussion Threads

Showing 18101 to 18124 of 31550 messages
Chat Pages: Latest  734  733  732  731  730  729  728  727  726  725  724  723  Older
DateSubjectAuthorDiscuss
17/11/2018
00:35
Hi Mr Piggy,
Don’t forget that the person who stated they have been talking to Peter Bird and stated the BOD were anxious about a hostile takeover has a proven track record of, shall we say inventing interesting stories.
Oxiana went from 4 cents to over $4 with Tony Manini in charge to a large degree and had many ups and downs along the journey. No different here although AIM is a lot different to the ASX.

monttim
16/11/2018
22:53
Mr P - I am far more interested in Director share purchases on a rising s/p.

The Board hold over 40m shares and incentivised options so they are well aligned with us - particularly with the average price of their share-options currently some 40% underwater.

mount teide
16/11/2018
22:21
Arab - no of course not but that is because I am not selling any shares as I invested to see ARS produce 25,000T of copper initially. Traders create short term price swings in AIM shares which is crazy given the timelines most miners are working to? Never forget Oxiana went from 30c AUS to an eventual multi billion sale. It also had many setbacks and retraces on that journey. It will happen again under Tony Manini’s stewardship and a lot of real wealth will be created yet again.

After BKM it will be BKZ, BKW, Baroi then Beutong then Carube Copper. All this will be happening when the world will be screaming out for copper and will be paying a fat premium for that privilege compared to todays price.have a great weekend.

adorling
16/11/2018
21:44
I concur MT but all you have stated will NOT support/strengthen the share price and if the management think that we are in grave danger of a hostile bid then they need to step up to the plate to avoid the crisis that they in part have made!
mrpiggy
16/11/2018
20:30
Mr P - you could argue by not announcing any incentivised share options this year in lieu of Directors Fees it looks like they have elected to work for the next 12 months for free!

Let's say a combined Board fee cost of £750k that shareholders do not have to fund via cash payment or incentivised share options - that could buy 15 million shares today, or alternatively, at the company's claimed $50 a meter for shallow drilling using their own rigs, it would fund up to 15,000m of drilling. Enough to easily do all of the BKM and BKZ drilling planned for the next 3-4 months.

mount teide
16/11/2018
19:47
Copper up again. Regaining strength.
aim0raider
16/11/2018
17:55
There may be issues upon which they are inside on
snickerdog
16/11/2018
17:25
This may sound very simplistic but I refer to the question I posted this morning MT..... why don't they put their money where their mouth is if it's possible to buy on the open market or better still a director buy RNS to strengthen the SP?A large director buy will create new investment interest and a good recovery of the share price which will help reduce the risk of a hostile takeover.
mrpiggy
16/11/2018
17:04
are you also pleased about the share price halving?
arab3
16/11/2018
16:56
Genuinely pleased to have got rid of so many weak holders & traders today and still finish blue; always hard to watch your share you sold cheap and in a panic rise again to new heights in a matter of months.
adorling
16/11/2018
16:05
I can understand the Management being nervous as a result of delaying the BKM BFS by another 4-6 months, since it has resulted in a sell-off that has pushed the market cap down to circa £45m.

The management know very well that at this stage of the copper market cycle to have assets worthy of inclusion in a copper market index of 15 global juniors most likely to be of acquisitive interest to mid and large cap miners - the management may well find the company is soon the subject of opportunistic interest that could prove difficult to fight off.

mount teide
16/11/2018
15:46
Topped up first thing at 5p. I thought I was bottom fishing when I bought this at 6.3p.....downsize averaging seems to be the story of my life.
riotinted_specs
16/11/2018
10:43
China Is Leading the World to an Electric Car Future - Bloomberg

'New emission rules will force global carmakers to redraw their road maps.'

The world’s biggest market for electric vehicles wants to get even bigger, so it’s giving automakers what amounts to an ultimatum. Starting in January, all major manufacturers operating in China — from global giants Toyota Motor and General Motors to domestic players BYD and BAIC Motor — have to meet minimum requirements there for producing new-energy vehicles, or NEVs (plug-in hybrids, pure-battery electrics, and fuel-cell autos). A complex government equation requires that a sizeable portion of their production or imports must be green in 2019, with escalating goals thereafter.

The regime resembles the cap-and-trade systems being deployed worldwide for carbon emissions: Carmakers that don’t meet the quota themselves can purchase credits from rivals that exceed it. But if they can’t buy enough credits, they face government fines or, in a worst-case scenario, having their assembly lines shut down.

“The pressure is mounting,” says Yunshi Wang, director of the China Center for Energy and Transportation at the University of California at Davis. “This could be a model for other countries; it could be a game changer globally.”

The message coming from the world’s largest emitter of greenhouse gases is clear: Even as President Trump withdraws support for alternative fuels, attempts to gut mileage requirements, and begins the process of pulling out of the Paris Agreement on climate change, China is dead serious about leading the way to an electrified future. That would help it reduce a dependence on imported oil and blow away the smog choking its cities. It would also help domestic automakers gain more expertise in a car manufacturing segment that’s burgeoning globally.

Given the size of the Chinese market, the largest for cars overall and for EVs, auto companies will have to rapidly accelerate their development and manufacturing efforts to meet the targets. By 2025, China’s leaders want 7 million cars sold every year, or about 20 percent of the total, to be plug-in hybrids or battery-powered. “This is probably the single most important piece of EV legislation in the world,”

The world’s largest automaker is certainly taking notice. Volkswagen AG, which sold just under 40 percent of its vehicles in China last year, says it will introduce about 40 locally produced NEV models in China within the next decade. “Volkswagen Group China will meet the government’s targets,” the company said in a statement.

The formula for doing so is algebraic, and the 10 percent credit target in the first year won’t necessarily equate to 10 percent of cars sold. For example, a pure-electric vehicle with a range topping 300 kilometers (186 miles) will generate more credits than one with lesser performance or than a gasoline-electric hybrid. The rules apply to all companies that manufacture or import more than 30,000 cars annually. The floor rises to 12 percent in 2020, then keeps increasing in line with the government’s ultimate plan to eliminate fossil fuel vehicles by a still-unspecified date.

BMW AG, which sells more cars in China than anywhere else, makes two plug-in hybrids there and plans to produce two pure-electric cars, including the iX3 SUV, starting in 2020. Yet some companies will struggle to reach the goals under their own steam. “Carmakers are both technically and commercially not ready for a ramp-up in EV production to the level of the quotas,” says Sophie Shen, an automotive analyst at PwC in Shanghai.

So they’re turning to a wide range of solutions to avoid falling short. Ford Motor Co., which lost $378 million in China in the third quarter, is teaming up with Zotye Automobile Co., a minor domestic player, to jointly produce cars eligible for the credits, Asia-Pacific President Peter Fleet said in October. Ford will introduce at least 15 hybrids and EVs in China by 2025. Vehicles sold through the Zotye partnership will have a new brand name.

Some rivals, however, are putting their names on the same generic car. Toyota, Fiat Chrysler Automobiles, Honda Motor, and Mitsubishi Motors all plan to sell the same electric SUV, developed by Guangzhou Automobile Group, to Chinese drivers. Other than brand-specific pricing and specifications, the models will be largely identical. That’s not ideal in an industry that prizes distinctive marketing, but it’s a necessary compromise until the companies develop their own technologies.

While carmakers have plenty of regulatory reasons to flood Chinese showrooms with EVs, it’s not clear that consumers will want them. Electric cars remain considerably more expensive than their gasoline counterparts everywhere; in China, where gasoline cars such as Chongqing Changan Automobile Co.’s Benben Mini model sell for as little as 29,900 yuan ($4,300), the difference can be especially pronounced.
For now, government subsidies for EVs cover much of that gap, running to as much as $7,900 for an all-electric vehicle with a range longer than 400km. That can offset almost one-third of the sticker price of a BYD e5 electric car.

The incentives, though, are being phased out and will disappear in 2021. That could mean a risky several years for automakers, since battery costs aren’t expected to be truly price-competitive with internal combustion engines until 2024 to 2028, depending on a vehicle’s type and the region of the globe where it’s sold, according to BNEF.

Still, the government has other levers should demand fall short. Several of the largest cities, including Beijing, Shanghai, and Shenzhen, limit the number of cars on their roads by restricting the issuance of new license plates. In those metropolises, simply acquiring the right to purchase a car can be pricey. A plate for a traditional gas guzzler costs as much as $14,000 in Shanghai. But if a consumer decides on an EV instead, it’s free.
BNEF already expects 2.5 million passenger EVs to be sold in China in 2022. But if similar restrictions take off in other cities, particularly the rapidly growing industrial hubs of the interior, EV growth could be even more dramatic.

For the moment, domestic models will mostly remain confined to the Chinese market. “Right now a lot of the cars selling in China have zero brand value outside of China,” says Janet Lewis, the head of industrials and transportation research for Asia at investment bank Macquarie Capital. But the EVs that are successful in the early-adopting mainland market may eventually help China develop the manufacturing and branding expertise it will need to export more vehicles to other countries, experts say.

China undoubtedly will tweak its credit-and-subsidy regime as it seeks to encourage an electric-first domestic auto industry. The minimum thresholds of the cap-and-trade system for 2021 and beyond haven’t been laid out, though they’ll have to rise rapidly to meet government sales targets for NEVs.

It’s a direction of travel that couldn’t be more different from that of the Trump administration. But for global carmakers, it’s increasingly clear that policymakers in Beijing, not Washington, are in the driver’s seat.

mount teide
16/11/2018
10:27
Chile’s state copper agency Cochilco trimmed its average copper price prediction for 2018 by $0.03 to $2.97 per pound yesterday - citing US-China trade tensions.

Cochilco also lowered its 2019 price projection to $3.05 per pound from the $3.10 it predicted in July.

Since the Q1/2016 cooper market lows Cochilco's average price forecasts have consistently underestimated the actual average pricing of the metal.

mount teide
16/11/2018
10:24
Potential upside multiples of 20p* provided your investment horizon is in format = years. The way I view it now is that I haven't got much else to lose here.

1) We have 30+ targets in KSK district, the majority which have had minimal surface exploration, remain open at depth and in multiple directions. For the ones that have done some exploration on, we've hit abnormally high grades - think Baroi, Silver Mountain etc.
2) Beutong resource not very well defined currently but c.6x the size of BKM - still open in multiple directions and at depth. Could very well be significantly more to come from this deposit (with some help from a major). - Remember that 100m step out hole, drilled to a modest depth that hit those amazing grades? TM also convinced of an untapped magnetic core sat underneath of all of this.
3) Linkage between BKM and BKZ looking possible with another high grade magnetic core below. Even if this core doesn't exist and the two don't link, I bet mineralisation will still be very close to an uninterrupted linkage between the two
4) BKZ is another company maker on its own right
5) BFS to confirm #3 and better our knowledge on #4. Indicated and Measured reserves to increase by at least 25%, provided the drilling programme is a success (no data or communication at all to believe this won't be)

When you consider the proximity of some of the KSK projects I'm not surprised that the guys have struggled to find suitable co-ordinates for the plant and other construction related elements. There's just a shxt load of mineralisation.

I'll conclude though by saying the assets have never been in question, more the strategy to bring all of this to fruition, lots of moving parts and projects - must be very difficult for even the most experienced BOD. Happy to sit here for the next few years and see what happens.

tektonik
16/11/2018
10:13
tekonik-as daft as it sounds i wouldn't go assuming that all the people posting here are actually holding this longer term..
sos100
16/11/2018
09:55
Tek, glad I’m not the only one who views things that way.

Potential downside 5p / potential upside 20p plus is my simplistic view.

jackbal
16/11/2018
09:53
None on offer at 5.10 now
goldrush
16/11/2018
09:49
That’s more like it.....2 x 250k buys in the last 30 mins....
goldrush
16/11/2018
09:29
Agreed completely Jackbal, I'd be as comfortable as it could be to see my whole investment here wiped out. However, selling out now and watching the share price quadruple would make me sick. Made the mistake before on PRSM when it had a 38% retrace and went on to double from that point - when I was in before the market even knew what RPA was.
tektonik
16/11/2018
09:29
ifthecapfit,

Many thanks.

zho
16/11/2018
09:27
ZHO - yes.
ifthecapfits
16/11/2018
09:23
It's been a nasty sequence of events, but things will turn.

There's a multitude of price shifting news items that could drop any moment.

"As such Asiamet is evaluating various options including partnering to test this deeper potential and more rapidly progress the development of Beutong in the near term."

The permit on Baroi opens up the potential of yet another stand alone asset.

aim0raider
16/11/2018
08:40
SOS-Stupid as it sounds I would be much more gutted/annoyed with myself if I sell and this recovers than if I hold and it gets worse.
jackbal
Chat Pages: Latest  734  733  732  731  730  729  728  727  726  725  724  723  Older

Your Recent History

Delayed Upgrade Clock