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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% | 0.60 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.60 | 0.60 | 0.60 | 0.60 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 27/11/2024 14:46 by mount teide D64 - for transparency, unlike the overwhelming majority of posters on Advfn I always post whenever I've built a new position in a stock or sell down all or part of an existing holding....and state the reasons behind the decisions. So, my investment return performance is completely transparent and there to be critiqued/shot at. Many do, which I like, as new well researched information/data positive or negative to the merit of the investment case should always be welcomed.As Advfn readers familiar with ARS are well aware - many others elected to exit ARS like me at 5.5p, after I posted a second tranche of research detailing the long history of fraudulent activity carried out by the con artists who set up Aeturnum to effectively operate it as a criminal enterprise. All ARS shareholders had an opportunity over the next two weeks to exit at/around that 5.5p price before the Aeturnum shysters publicly reneged on their 'long con' $500m Indonesian Stockmarket listing scam, by failing to pony up the first $2.5m to progress the 'deal'. Predictably, this immediately tanked the shareprice by nearly 70%, and was followed by a very unwelcome triggering of a 4 fold dilution of shareholders assets to keep the lights on.......subsequentl Sadly, a mix of greed, hubris and a lack of curiosity appeared to stop some shareholders from using the research on Aeturnum freely posted on Advfn to look much deeper at their publicly reported, highly concerning behaviour and copious previous 'form' at Sugiy Energy and, come to the conclusion like those who stampeded for the exit door at 5.5p, that the investment risk was no longer remotely acceptable. AIMHO/DYOR |
Posted at 27/11/2024 10:25 by mount teide Mining sector investors have been voting with their feet here for nearly 7 years - ever since Manini announced to the world he was going to start 'monetising' the assets.An appalling public demonstration of industrial scale incompetence has since seen Manini destroy 96% of shareholder value by catastrophically diluting his shareholders into oblivion, in order to do little more than keep the lights on, and the Board and their friends in the lifestyles they have become accustomed to at shareholders expense. The last 7 years in terms of the mostly unearned, ridiculously inflated Directors Fees, Bonuses' and expenses at shareholders expense has been so good to them, that the opulent lifestyles this has allowed them to lead, looks to have put another 4 inches on Manini's waist and a further couple of chins on his neck! Yet, despite being now able to pick up much of Manini's Asia Met Resources for loose change, Owen Hegarty's EMR investment vehicle will still not put a cent into the company - what has Owen's 40 years of mining sector experience and trusty old 'slide rule' found that makes him avoid his bag carrier's ARS like the plague? AIMHO/DYOR |
Posted at 26/11/2024 11:39 by bukowski750 Looks like a new guy for the next phase? If there's one company who does things right, and by the book, it's ars. Absolutely splendid company and a tremendous pleasure to hold.All imho!! |
Posted at 15/7/2024 09:50 by bukowski750 Took a while but SOLG put out a funding RNS. M & A heating up it seems, with the big boys anyway, not sure about the tiddlers like ARS. Looks like Vicuna District is going to get developed imho dyor! |
Posted at 25/6/2024 16:45 by meanreverter The problem for ARS is that, for a company with a market cap of $25m, to raise capital of $250m for a project in a dodgy jurisdiction requires killer economics for its project — not just good economics. That will only be assured by a booming copper price. If you think there is a fair chance of that, then ARS may be a gamble at decent odds. Otherwise, look elsewhere. The present copper price is propitious, but unfortunately not really propitious enough. |
Posted at 24/5/2024 10:48 by mondex Any thoughts on why ARS is up nearly 10% today? |
Posted at 02/5/2024 06:20 by e-wan It's fairly clear. ARS is rightly being judicious in its spending on employee resource..so the bulk of remaining optimisation and other work are being driven by DM. Yes, it's probably a fair challenge to say he is wearing a COO hat more than CEO currently (and more than he would wish) but my view from engaging with ARS direct is that it's a case of divide and conquer. TM and JD are very experienced in that space (as you know) and DM will be as involved as he needs to be |
Posted at 14/4/2024 11:36 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 05/4/2024 12:46 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 09:29 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 |
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