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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Asiamet Resources Limited | ARS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.825 | 10:35:22 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.825 | 0.825 | 0.875 | 0.825 | 0.825 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 17/4/2024 08:05 by v11slr Call me a cynical old Hector but why would a potential partner/buyer take samples and then ask ARS to assay them for them? Wouldn't they have their own trusted assay facilities if they were a serious player? |
Posted at 14/4/2024 12:36 by napoleon 14th Computer-driven site "WALL STREET" has come up with this gem of info about ARS, LOL!Doesn't mention the main MAJOR RISK - Toni Manini... "Asiamet Resources ARS Share Price 7 Day 1 Year 0.01p 4.0% -39.5% New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (UK£14.5m market cap, or US$18.0m). Haha! |
Posted at 12/4/2024 17:48 by e-wan I thought also once final permit in place they start incurring costs - maybe I imagined that. I also agree red herring - ARS is extremely well positioned locally and nationally and has right people supporting. |
Posted at 05/4/2024 13:46 by mount teide RR - unlike the fantasy land world you live in, the market lives in the real world and has voted with its feet - valuing the company at a share-price a completely catastrophic 3.5% of what it was worth when Manini commenced monetising the assets.I actually owe Manini a great debt of gratitude - had he not been publicly hoodwinked by the industrial scale fraudsters running Aeturnum Energy, I may not have exited in the two week window available at circa 5.5p, after posting my research on the criminals that was freely available in the public domain. That investment money, as posted at the time, went into Savannah Energy - I would now need a 31 bagger at the current ARS share price to break even, if I had listened to Manini's appalling Due Diligence on the Aeturnum criminals, rather than carry out my own research on his 'carefully' selected strategic partners. And possibly as high as a 100 bagger if Savannah shortly come out of an RTO trading suspension at the market consensus valuation of the enlarged company were the deal to complete. Yet, even that 100 bagger circa 50p ARS share price would still only be a quarter of the £2/share valuation some of Manini's online propagandists like Montim were once freely posting on here -after some of us started calling out the management for repeatedly failing to deliver on any operational and financial development targets given to the market - including boldly claiming the management would not sell out for anything less. Predictably, now long gone, all that remains some 5 years later is the same smug, sanctimonious arrogance of the well heeled management and, the investment destroying 0.5p share-price they have since delivered. AIMHO/DYOR |
Posted at 04/4/2024 10:29 by mount teide If you want a long term career running quoted companies, its not a good idea to get a reputation for looking after number one at shareholders expense, or failing to deliver on just about EVERY operational and financial development you've given the market for 5 years, or getting publicly hoodwinked by a gang of SE Asian criminals, or crashing the share price by 96.5% after announcing you were going to monetise the assets for shareholders........as the market is very likely to take the view, as at ARS, that as a disingenuous, out of his depth, unapologetic charlatan, a quoted company would be uninvestible under your 'leadership', and price the equity accordingly, AIMHO/DYOR |
Posted at 04/4/2024 10:03 by mount teide Manini has a long history of looking after number one - himself!Following Manini's near year long 'negotiations' with his strategic partner, the international criminal gang more commonly known as Aeturnum Energy, who the market was told he carefully selected after exhaustive due diligence(lol!)..... To say he was completely hoodwinked by the long con artists at Aeturnum was an understatement - absolutely incredible that they were allowed to become Asia Mets largest shareholder and negotiate a 'deal' without any proper due diligence, as part of their scam.....that cost shareholders a near 4 fold dilution of their holdings - for which he is still yet to apologise, never mind resign. Since the Aeturnum debacle the market has clearly decided ARS is toxic under Manini's 'leadership' and should not be touched with a bargepole if he is still at the helm by crashing the share-price by a further 91%. AIMHO/DYOR |
Posted at 28/3/2024 14:14 by mount teide RR - I'm fully aware of Manini's Oxiana background. It was largely what first attracted me to Asia Met.Unfortunately, subsequent events at ARS over the last 10 years has exposed him as being little more than a bag carrier for Owen Hegarty at Oxiana, the actual talent behind the company's success. Manini's shockingly poor business management skills were firstly exposed in brutal fashion by the criminals at Aeturnum Energy, and then by DOID, who like Aeturnum and their fantasy land $500m KSK Indonesian stock marketed IPO, have played him like a finely tuned grand piano, at enormous cost to shareholders! AIMHO/DYOR |
Posted at 18/2/2024 22:56 by 2lb I don't think it's any sort of insider knowledge and FWIW I believe it to be accurate and not ARS specific.Dorset has consistently followed his investment at every leg down and to a degree that is admirable, he has also called out Manini on a regular basis but equally probably listens to the paid IR BS a bit too closely when that particular source of info is only there to deflect attention away from the idiots across the world. |
Posted at 18/2/2024 10:42 by not guilty This is a serious issue and not hypothetical at all. It's 100% fact. There has been no exploratory drilling at any of Asiamets projects since 2021 and indeed since DOID got involved. DOID are headquartered in Indonesia, BUMA are their principal subsidiary and a mining contractor, with 12000 staff and 2500 units of heavy mining machinery also based in country. You would assume they could spare 40 staff and 2 rigs to prove up the resource and make it more attractive for the banks to lend. It would leave them with 11960 staff and 2498 units of heavy equipment to maintain their other commitments. One can only assume they don't want to add value to ARS and are only interested in walking the price down to take it out as cheaply as possible. IMO there's no other explanation possible. |
Posted at 17/2/2024 12:24 by not guilty I would say you are spot on there ADW, and that the next chunk of cash will get them another chunk of ARS at a greater discount than the last. Which was $4m for 10.5% if memory serves. This would count as bleeding the existing investor base dry in my eyes. |
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