I've Literally watched every interview Hegarty has done, one can learn a lot from his words, and without fail he mentions Manini every time!Thick as thieves, right hand man ! Imho!To say he thinks highly of the great Manini is an understatement.....IMHO....dyor all Hegarty's stuff is free on YouTube! |
Owen Hegarty(ex Rio Tinto and Oxiana) and Tony Manini are two of the three executive Directors of EMR Capital:
'A specialist resources private equity manager and operator with over 300 years of combined operational and investment experience. We have owned and successfully operated numerous operations and projects globally over 4 decades'
EMR currently has majority shareholdings in a number of Copper, Gold, Lead and Silver mines and, coal and potash businesses, in Australia, Africa, Indonesia and the US.
Begs the question: Why no interest in Asia Met Resources since Manini commenced 'monetising' the assets nearly 7 long years ago, particularly when EMR could still pick up most of it for little more than a good lunch and a round of golf at Asia Met's Melbourne Country Club headquarters?
Could it be because Owen Hegarty knows a lifestyle company 'lemon' run by a former bag carrier when he sees one?
AIMHO/DYOR |
Over £500k a year to drive the company to yet another all time low McClelland may well be the biggest grifter the market has ever seen. |
What needs to happen between now and Christmas, IMHO, is Darryn needs to get the NPV8 above the Capex.2023 study:NPV8 US $ 162.8 million Capex US $ 235.4 million Something like this would look better, IMHO:NPV8 US $ 185.8 millionCapex US $ 160.4 millionIs this possible???? Numbers mean nothing to me, I prefer words. |
Mr R - lol!
Peter Bird's comedic, self written LinkedIn resume suggests he has a highly selective memory and is a man with a very high opinion of himself, considering the disaster he was as CEO of Asia Met.
'A professional leader with extensive knowledge in relation to the operation, improvement and marketing of listed and unlisted mining companies.
A highly motivated person who is result focused. Well known and highly respected both within the Australian mining industry and the broader equity industries as an honest person with the ability to understand, operate and seek quality outcomes.'
He could go on tour with material like that! |
Bring back Peter Bird! |
Yeah it’s instructive how quiet you (and everyone else to be fair) are with the share around all time lows.
DOID will be happy though, all helps their end game. |
Still missing me then Andrew lol |
I don’t think anyone* even cares much anymore, let alone believes that Asiamet will take this to production.
Anyone else spot the forward plan stops at Q1 next year. When will the banks given their funding decision? Where’s the rest of the cash coming from?
*apart from Dorset, he’s probably got some bullish inside info direct from the company via Telegram :) |
Who cares about 7 years ago lol personally I'm a buyer at these levels, not investment advice tho please DYOR!! |
I honestly think Manini is gonna make you lot look like a bunch of absolute weapons, buffoons if you like. I've got a sneaky feeling he will emerge victorious, rise from the ashes and have the last laugh!His masterstroke, IMHO, was appointing Mclelland a few years back!All IMHO...dyor! |
Furthermore, im not pretending that Prosys have been appointed to help build a mine that's actually being built, because I'm fully aware that Asiamet haven't started building a mine yet.But if in the future Rexline and BGRIMM build Asiamet a mine with Prosys project managing it, I will come back to this and demand a full, frank and sincere something roughly equating to sort of an apology!Imho dyor! |
Apparently they are developing a detailed manpower schedule utilising a 100% Indonesian team, and ECPM cost estimate.Do you think it's better to get the funding first and then scramble around for a Rexline, a BGRIMM, a project manager. Or put the foundations in place first?Obviously the banks want to see everything in place first m8! |
They’ll help get some quotes in to build a mine. Fair?
It’s like getting someone in to collate all the costs of a house build. Hopefully they can bring them down but let’s not pretend they’ve been appointed to project manage a mine being actually built.
But if it is such material and significant news how come they didn’t do it previously? |
On the contrary m8, markets become highly investable at times like these. The time to buy is when there's blood on the streets said someone a long time ago. |
MT - happening across the board ,latest one is HUM
has UK stock market become uninvestable? |
@bukowski
“Considering in the circa 9 year history of Asiamet they have never appointed a professional and well respected project management firm to manage the mine construction, I would say it is material, exciting and wonderful rather than Pointless and empty!!!”
They’ve not been employed to manage mine construction because we have no capital for mine construction. They’ve been
“engaged to provide project planning and project management deliverables to feed into a capex estimate update”. |
Pointless and empty? Considering in the circa 9 year history of Asiamet they have never appointed a professional and well respected project management firm to manage the mine construction, I would say it is material, exciting and wonderful rather than Pointless and empty!!!But hey we're all different!! You 2lb, more different than most, granted! |
Things are getting real now with the appointment of Prosys for project management. Done a bit of research and they have completed some impressive projects for some impressive clients !! Been in the game since 1987!Way to go Darren great job IMHO!!Tick tock!!!! DYOR!!!! |
Comfortably below the placing price now. |
Thanks Bukowski750 |
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