Asiamet Resources Share Discussion Threads

[bradshaw980] 23/8/2023 04:28

News just out: 'heavyweight' Eurasian Resources Group have completed a $4 million strategic investment into Far East Resources as they like their project on Java, not their flagship on Sumatra. Why would investors of this calibre go into Indonesia? Probably because it's a fantastic jurisdiction!

[bradshaw980] 22/8/2023 13:46

Agreed the sound bites are Gash, but that interview was released 13 days ago. So describing a time that was under two weeks as 'many months' reeks of a personal agenda against Tony Manini !!

[2lb] 22/8/2023 12:41

One sure way to move the share price , start tweeting Manini sound bites that are now months old and under the BS guidance of "pretty shortly"

[dorset64] 21/8/2023 16:06

You're really showing your mental age now, name calling to boot, how pathetic!!

Give this game up son, it's not worth you losing your £400 investment along with your marbles!!

[bradshaw980] 21/8/2023 15:31

I'm sure BKZ is exciting to mining guys, maybe not to self confessed novices like matey boy......"absolutely classic VMS geology " as Tony described it. No hidden nasties here just nature doing its beautiful work ie stacked lenses of polymetallic sitting on top of copper with gold down dip from the Copper ! Just need metallurgical test work to see how the gold and eye watering amounts of silver will be recovered! All imho DYOR!

[bradshaw980] 21/8/2023 14:49

One must consider the gold and silver 'exploration target' at BKZ which has only had circa 15 holes deilled into it...imho extremely easy to put the mineralization into a JORC resource then with tighter drill spaces up through the JORC categories when one will be able to put a monetary value on it....handy hint: we're talking billions not millions! All imho DYOR!

[adw198] 21/8/2023 14:41

Hi Dorset,
Yeah no problem they released an RNS saying DOID didn’t want to invest on the HOA basis. I can copy and paste it if the fact they didn’t complete the deal doesn’t give you enough clarity on that? If I’ve missed any other PROJECT level involvement let me know.

In the meantime perhaps you could finally tell us who told you DOID tried to renegotiate the terms of the HOA? I don’t even need the terms just who told you that?

And there’s still the unanswered question as to why you’re still invested given you said you’d sell unless there was a JV? Instead you apparently bought far more shares when it didn’t happen. All interesting stuff

[bradshaw980] 21/8/2023 14:30

2027 they will be fully ramped up and selling grade A cathode for $6.85 l/b......or they could get bought out.....or they could go bust. Ain't got a clue m8 all I know is that destiny brought me here! How about yourself?

[adw198] 21/8/2023 14:21

Yep I think it’ll go higher.

Perhaps you could return the favour and answer a question - when do you think Asiamet will produce copper?

[bradshaw980] 21/8/2023 14:09

So you think there's value from these levels? There's a good lad we're getting somewhere!

[adw198] 21/8/2023 13:53

Not a guarantee, an opinion. Just based on history and facts. The history and facts of Beutong show no activity since several thousand people protested. 4 years of nothing and people like Dorset are sinking literally hundreds of thousands in because Sasha emailed him some Chinese people were interested.


I’m (still) invested here because I think DOID will take it all at some point when copper moves north. I don’t for 1 minute think we’re going to rustle up $230m to build a mine when we can’t pay James Deos salary next quarter without another massively dilutive raise.

[bradshaw980] 21/8/2023 13:45

OK so they won't get funding. And Beutong is a non starter. Remind me why you're still a shareholder if this is a 100% guarantee of your money going to money heaven?Weird stance m8 ! You may as well get some cash out while you can and give it to homeless people ! All imho DYOR!

[adw198] 21/8/2023 13:38

Correction - not a priority, a focus

“The opportunity to progress work on Beutong will be a focus later in the year as we look to define an appropriate partnership model with parties interested in this outstanding copper resource”

Wonder what they did with the $1m raised explicitly to drill it in 2021

[adw198] 21/8/2023 13:36

I answered pretty directly. I don’t think it will come at all. If copper rockets to a sustain $4.50lb then I’m happy to give an updated view.

I reckon there’s more chance of a dela at Beutong than a bank lending these muppets $100m and I’ve been clear that Beutong is a non starter - altho DM said it would be a priority H2 so let’s see how that pans out

[bradshaw980] 21/8/2023 13:24

True to form you have failed to answer my expertly crafted question: what month do you think credit approval will arrive? It's not rocket science bruv !

[bradshaw980] 21/8/2023 13:20

Cool opinion bro ! Everyone is entitled to one !

[adw198] 21/8/2023 13:18

If you’re not bothered about who has appointed and who is paying the ITE don’t worry about it.

My guess is no bank will lend $110m to a miner that have nothing in the bank for a project that NEEDS 3.98lb copper to give 21% IRR, or not when copper is well under that anyway. Probably why DOID walked away when the bank last reviewed it to see if it met their lending criteria, despite that project being cheaper and producing more copper.

[bradshaw980] 21/8/2023 13:11

"Absolutely no chance funding is confirmed next Month " that's a ballsy move pal. What are the chances of October? October is my bet, when is yours?

[bradshaw980] 21/8/2023 13:08

Whilst I'm sweeping out my campervan I'm just wondering why it's so important to you who pays the ITE, when ,how much, and what they're going to spend the money on?

[bradshaw980] 21/8/2023 13:00

Umm the way it works is you get credit approval then they put together a funding package