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Share Name Share Symbol Market Type Share ISIN Share Description
Asiamet Res LSE:ARS London Ordinary Share BM04521V1038 COM SHS USD0.01 (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  -0.25p -5.49% 4.30p 4,820,132 14:57:25
Bid Price Offer Price High Price Low Price Open Price
4.20p 4.40p 4.55p 4.10p 4.55p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -5.36 -0.74 43.1

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Trade Time Trade Price Trade Size Trade Value Trade Type
17:06:184.30130,0005,590.00O
15:20:274.3819,193839.69O
15:18:494.388,311363.61O
14:57:134.38100,0004,375.00O
14:56:284.38150,0006,562.50O
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Asiamet Res (ARS) Top Chat Posts

DateSubject
23/1/2019
08:20
Asiamet Res Daily Update: Asiamet Res is listed in the Mining sector of the London Stock Exchange with ticker ARS. The last closing price for Asiamet Res was 4.55p.
Asiamet Res has a 4 week average price of 3.70p and a 12 week average price of 3.33p.
The 1 year high share price is 14.88p while the 1 year low share price is currently 3.33p.
There are currently 1,002,249,373 shares in issue and the average daily traded volume is 1,927,474 shares. The market capitalisation of Asiamet Res is £43,096,723.04.
19/12/2018
10:01
dorset64: LME stocks bounced off the 120,000 tonnes level as mentioned above, to a figure of roughly 122,000 tonnes. The figure of 120,000t is the lowest level LME stocks have been for circa 5 years and very close, if/when it breaks the 120k level, the lowest for 10 years of 100k. Each drop brings it closer to the 100k level of which, in turn, would be the 2nd lowest level in 20 years, copper is most definitely going into deficit next year and the speed of which it will drop will increase as there are no 'huge' near term mines about to go into production to halt the slide, but rather far more copper increasingly being used in everyday life that will increase the deficit. Should the world economics continue as it is today, stocks LME stocks can only continue to drop, then add in to the mix the increase use of copper in electric cars, housing, cables etc etc I can only see the price of copper rebounding swiftly once Trump/China has sorted their spat out, which will be in the coming months imo as a continued 'war' on goods does neither of them any good at all. Add in to the mix a world class asset slowly but surely being developed into an active mine over the coming years, and we'll find ourselves at the head table of copper ownership. What we as investors have to ask ourselves is not where the share price is today, next week, month or year, but where it will be in 3 or 5 years time if we are still 'public'. As long as the story remains, and we keep increasing the depth/step out areas to possibly double our resources, I care not what price today, except to buy more shares for the long term, if that is not your strategy then put your money on a nag or in Bet Fred instead, as investing isn't for you.
10/12/2018
10:12
dorset64: Mr Piggy/MT, great debate guys and two sides that agree ARS share price will no doubt increase, just debating how slow or quickly it will. For me MrPiggy one point you did leave out and one that does affect the share price in a huge way, is how quick this share price moves when it starts to go north. If we are now also rid of the constant seller/s over the past 6-8 months after every rise, once this starts this could move very quickly back up to anywhere between 7-10p in quick order with or without microeconomics making any affect to the share price
28/11/2018
15:01
dorset64: Mr Roper, I don't think they or anyone expected firstly the copper price to remain so low for this amount of time and, secondly, the Ars share price to remain this low. I am happy to give them the benefit of doubt that they thought ney hoped the share price to be far higher than today's price before doing any fund raising.
26/11/2018
12:29
highly geared: Interesting if you overlay the Cu price for the last 18 months with the ARS share price , there’s a reasonable correlation. Tells me we need to see the CU price recover then see BKM financed. The share price rose on a combination of key development milestones happening at ARS along with a buoyant CU price. It was a positive sentiment period backed by Cu prices. Now, with CU prices off and sentiment negative the market isn’t interested in speculative worth of assets, it’s now all about delivering BKM to a producing mine and securing a partner for Beutong capable of doubling the resource base and delivering a PEA within a couple of years.
22/11/2018
08:10
horneblower: I can't agree that the fall in the share price is entirely due to delay in the bfs. If that were the case the share price of HZM would still be near where it was before they published their bfs un-delayed. Yet the share price action of ARS and HZM are almost identical. The common factor that has truly affected both sp's is the price of their mining commodities, copper and nickel. At current commodity prices, mines are not going to get financed. Hence the drop in the share price Tony Manini has stated that he expects copper to be above $3 and to continue rising for several years. In normal circs he would be right. Currently we are experiencing un-normal circs.
30/10/2018
18:50
mount teide: The Copper price during October to date has been between 4% and 12% above where it was during much of August and September and between 40% and 45% above its 2016 previous cycle low. The share-price correction is overwhelmingly related to the poorly communicated BKM BFS 4-6 month delay. From observing L2 over the last week, its difficult not to form the view that the share-price fall post the BKM BFS announcement is largely the result of highly leveraged traders getting hammered together with some longer term holders locking in profit or trading some of their holding in the expectation of buying it back cheaper. The collective average price of management's share options is currently well underwater - as of today they and Steve Hughes will have worked for nothing since 2015 - a period during which they will have delivered a 600% return for shareholders and nothing for themselves. I doubt there is another company on any equity market world-wide which can say the same - particularly AIM, which has a well earned reputation for producing management indulgence and greed second to none. For a Director of Tony Manini's experience and standing to take all his fees in incentivised share options and to heavily participate in II placings and make very large open market purchases since timing perfectly, his copper cycle low point involvement as CEO of Asia Met, speaks loudly as to his belief in the potential development value of the assets over a 3-5 year view. Over the last 50 years average copper market recovery cycles have been between 5 and 9 years duration and none saw an increase in demand remotely like the forecast for the next 5-7 years. Half the world's population is currently urbanising. That's just unprecedented in human history. Couple it together with huge future copper supply challenges - and while trade wars may impact the copper market in the short term, ultimately, it is set up for many long, strong years of commodity demand and shortage of supply. Manini has spent over 20 years operating in Indonesia a country predicted to be a top-five global economy by 2035, it's modernising and growing quickly with a lot of new infrastructure and a very strong domestic demand-growth outlook; Asia Met's market is on its doorstep. AIMHO/DYOR
24/10/2018
08:43
mount teide: Arden Partner's analyst sees plenty of upside potential for Asia Met - saying he was far more interested in the latest Beutong drill results since it suggests a potentially "World Class" project - than the BKM BFS delay announced to "refine the project economics". City broker reckons Asiamet share price can follow same path as SolGold - Proactive 'SolGold’s share price has jumped more than 2,000% over the past three years, and Arden Partners reckons Asiamet has the potential to follow suit City broker Arden Partners reckons the Asiamet Resources PLC (LON:ARS) share price can follow the same trajectory as fellow copper explorer SolGold over the coming months and years. SolGold, which is developing the much-hyped Cascabel copper-gold project in Ecuador, has seen its share price rise more than 2,000% over the past three years. “Asiamet is a relatively unknown gem with the potential for similar gains in its share price as it nears closer to the release of a bankable feasibility study at BKM and further drilling at Beutong,” said Charles Fitzroy, Arden Partners analyst in a note to clients. Asiamet had hoped to have released the BFS earlier this month, but it is carrying out more drilling at BKM in order to beef up the study. Fitzroy agreed that the additional drilling will “refine the project economics”, although he was more interested in the latest drill results from the earlier stage but “potentially world class” Beutong project. “These recent drill results [released on Thursday] show significant mineralisation outside of the resource at Beutong and the deposit importantly crops out at the surface.” The Arden analyst has a target price of 24p on the stock, almost four times the current 6.8p share price. Still, he sees the potential for this figure to soar in the future as Beutong is further developed and, as such, has Asiamet as a ‘strong buy’. '
18/8/2018
16:43
mount teide: Where the company valuation and share price is likely to be in 2-5 years time is surely what matters unless you're a short term trader. I strongly suspect the management are most interested in where they will be able to drive the company valuation towards the end of this new commodity cycle recovery stage. I was underwater during most of 2016 when the share price dropped to close to 2p and stayed there throughout the year. Used it to continue building a decent sized position - which, like the Directors i've continued to add to at prices up to 12p as the investment case continues to strengthen. This is a strategy that is serving me as well with my industrial metals, oil and shipping sector investment in this new commodity cycle as it did during the 2000-2008 recovery stage of the previous commodity cycle. The business strategy of the ARS management is identical to what they did between 2000 and 2007 with Oxiana metals. The management must be very quietly confident of their ability to replicate this type of performance with Asia Met's assets during this latest commodity cycle, since they continue to keep taking their fees year after year in incentivised share options. I would too in their shoes! Why? Because if they develop ARS into the $bn company they believe is possible during this commodity cycle their ARS share options would be worth $tens of millions.
06/8/2018
21:13
monttim: This share price action goes without saying very frustrating. The one thing to remember, forget the share price for the moment. A large project is being put together, actually two or three. The projects will in time be very profitable. It is being led my highly capable people. The share price will follow the enterprise progress, make no mistake about that. Share price doldrums just now, yes, but not for long. I have added substantially more at 10p recently and quietly confident that price will look silly very shortly.
15/6/2018
08:45
jlondon: Beutong Some thoughts: Peter Bird in his 7 June 2018 Interview mentioned Wafu-Newcrest and Cascabel [See my last post for the note on this]. Beutong will have 8 drills, the 1st of which has been completed. WAFU-NEWCREST Link: www.solgold.com.au/presentations/ See Mar 2016 Solgold Corporate Presentation Page 21-Current grades. One will notice from this chart that even Las Bambas has grades of 0.6% Cu. Look at the grades from thereon which go lower. These are Andean copper deposits in Peru, Chile and Ecuador. Page 49-WAFU Right chart: WR328: 597m @0.57% g/t Au & 0.97% CU. WR333: 727.5m @0.69g/t Au & 1.39% CU WR337: 802m 1.13g/t Au & 1.76%CU GOLPU-2010 501Mt at 0.95%CU and 0.54g/t Au =8.8MOZ and 4.8Mt CU [SO INITIALLY 3 DRILL HOLES which is standard. The award winning Escondida geologist said he can tell with 1 hole result. In terms of porphyry*s eg Alpala-Cascabel > Solgold it was said that the further they go down, it appears to get higher grades. One can see from the above Wafu drill results that it appears correct. However, usual caveats apply] <>FAST FORWARD- SOLGOLD PRESENTATION MAY 2018 on www.solgold.com.au/presentations/ CLICK TO READ Page 25: GOLPU -2016 [6 years on from above chart] 1.000Mt @0.9% CU & 0.6g/t Au ALPALA-CASCABEL>SOLGOLD PLC 2017 1,080Mt 430Mt at 0.8% CuEq Ind 650Mt 0.6% CuEq Inf [So both projects are at the 1,000 Mt level which is 1 Billion tonnes of ore at 0.9% Cu for Wafu and Alpala-Cascabel 1,08Bt @0.68% CuEq [Per 3 Jan 2018 RNS: Maiden Resource Statement {MRE}] Share price of Solgold: History Start off at placing price of around 1.5p and rose initially to 14.5p as Alpala was being drilled. 2016- Maxit Capital raises capital at above mkt price and this time, the share price rises to a high of 46p area. 2018-15 June 2018 Solgold share price is 22p, MKT CAP £373 million. 52 week high 41.5p and low 20p. Investors are waiting for an updated Maiden Resource Statement for Alpala-Cascabel with PFS and FS at the end of 2018. If one does pro-rata simple cals, one will see the HUGE MKT CAP when Solgold*s share price reached 41-46p at its height. It came close to what the CEO said about re-rating to $1b dollar cap. $ is in US$ as all commodities are denominated in US$. ASIAMET- The CEO / Manini has mentioned from recall about potential $1 billion co. So that is standard if the copper resource reaches the 1 Billion tonne mark and with the initial grades of Hole 1 at 456m of 1.06% CuEQ, it is encouraging. Hole 1, Beutong was drilled to 607.8m End of Hole and was still in "pervasive copper/silver/gold/moly"] The Hole 1, Beutong ARS RNS of 14 June 2018 also mentions open and consistent with Peter Bird*s 7 June 2018 Interview. LIBERIUM Today, 15 June 2018, Liberium issued a re-iterate note on ARS after the said Beutong Hole 1 part result yesterday, 14 June 2018. Just a discussion. DYOR. Please check. Only mentioning Wafu and Cascabel because Peter Bird, 7 June 2018 interview mentioned them and said "the sort we evaluate." ARS current JORC Compliant Resource 2.4Mt copper and 2.1moz gold. Pls check as there can be typo errors.
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