Asiamet Resources Share Discussion Threads

[rainyrain] 17/4/2024 13:24

"Grab samples were taken by one of the parties" according to the RNS.

This sounds to me like someone interested walked to the middle of the pit with a rock hammer, chipped off some rock himself and said "assay these for me please bro"

To be fair it's exactly what I would do if I was gonna sign up! You would want to have a gander around and assay some outcrop innit.

All imho DYOR!

[rainyrain] 17/4/2024 13:07

It is a bit strange seeing grab samples pumped circa 5 years after drilling out the deposit.

Although pumping grab samples seems to be the "in thing" on AIM nowadays, with one company in particular releasing the results in the same format as drill assays, imho, so some may think the results are from underground and not the surface LoL.

Anyway it goes to show the high grades at surface here and the potential for top leaching straight off the bat, as long as they get the mets right but then again Bobby Dazzler is a metallurgist so I guess that's handy.

At the risk of boring everyone may I draw your attention to the likes of drill hole BKM 332030 01 which 'started at zero' with regards to the 'from',and quickly got up to 13.7% Cu from only two metres depth.

One of my personal favourites was BKM 32240 01 from 2017 which was 115.5m at 1.01% Cu from two metres with the hole terminating in 2.56% Cu.

All imho DYOR

[dorset64] 17/4/2024 11:04

I did look back at your history of threatening legal action against numerous companies so well done on your one success.

So, if you honestly believe no-one will make an offer for anything, there are no others ‘seriouslyR17; looking at the projects that may or may not result in an offer, then why not sell your shares and invest elsewhere as, if you’re right, the share price can only keep on dropping?

[adw198] 17/4/2024 10:25

I don’t know - as I said I’m not convinced they’ve given an accurate summary. Nor do I know why DOID backed off a deal having conducted 9months due diligence. The company told you it was ONLY because of see through value. Obviously the RNS told us due diligence would complete the deal. That didn’t happen, but I’ve not sued them for that either.

But if taking a few samples is such a trifling matter then presumably none of these allegedly interested parties are anywhere close to an offer. Which is exactly my belief.

[dorset64] 17/4/2024 10:01

So after investing literally tens of $millions in Asiamet, you now think Doid went to site and only now took some samples, really?Even for you, that really is comical!!

[adw198] 17/4/2024 09:34

I’ve taken companies to Court before, but I must admit I’d struggle to sue someone for a misleading RNS based on what did or didn’t happen in Indonesia, that I can’t prove. I do think it’s possible the company in question “might be an international organisation that has in country presence” called DOID.

If you want to believe every word of every RNS then go for it. Served you well so far :)

[dorset64] 17/4/2024 08:40

If DOID were the only company around, then you'll be able to take the directors to court for lying in their rns's saying other companies have visited site and doingtheir own DD.How ridiculous.

[adw198] 17/4/2024 08:34

I’m guessing you’d rather go down the ad hominem route, which will doubtless end in a lecture about your business prowess whilst calling me stupid / childish?

You believe what you want. I still believe DOID are the only show in town.

[dorset64] 17/4/2024 08:31

Im guessing you're perfect day out must be attending funerals yeah?

[dorset64] 17/4/2024 08:17

Just maybe they might be an international organisation that has in country presence and of whom both use the same Indo labs?Or they may be an in country organisation that uses the same labs, who knows but they are obviously deep in conversation and trust.

[dorset64] 17/4/2024 08:11

Take from the RNS what they are telling you, that during DD an organisation visited site and asked for samples taken from their visit, to be tested. From that came these results of above ground metals in two locations ie, they're not just interested in one area, BKM, but possibly the whole site and/or the company in either a jv or dull purchase of the company. Additionally, as there are others doing their own DD, this RNS is more for 'everyone to see' and ultimately, imo, for one of them to hurry up & push the button.Also look at what they are telling you in that their own redesign of the site has leaned towards smaller starter mines so that profits are earned early in the process with a ramp up over time of the whole area. In the background DD still ongoing at Beutong, so hopefully could be an exciting few quarters for shareholders.

[stockhunters] 17/4/2024 08:09

good rns here copper on the up again

[v11slr] 17/4/2024 08:05

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?

[mcpaulas] 17/4/2024 08:00

No news news again.

[napoleon 14th] 14/4/2024 12:36

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!

[adw198] 14/4/2024 07:33

If / when you reappear with another new profile I’ll be here to point out your ramping nonsense. Pretending to read a copper chart is brilliant stuff, Bradshaw. :)

[rainyrain] 13/4/2024 15:12

Looking at the weekly Cu chart this "could be it" ie "the move we've all been waiting for". $4.70 looks decent like.

I'm going to take a break from owning the nerds and the morons on here and come back when the AIM GOAT Manini and our wonderful CEO "Bobby Dazzler" get proceedings underway for real.

Later losers.

[rainyrain] 13/4/2024 11:47

Yeah we'll leave it there mate, as you're boring me now. It's not built yet. well done, you win the kids competition.

Now go back and join the groovy gang as you've got skateboarding this afternoon.

[adw198] 13/4/2024 11:32

Yep my contention is they couldn’t get the previous study financed. My evidence is the FACT it’s not built and wasn’t close to being. If you have a different take let’s hear it and if you don’t then it transpires you agree with me so we can leave it there.

[rainyrain] 13/4/2024 11:27

Top stuff Captain Obvious. It's not built yet.

Either wait or bed in on Von Shirley's fun bus. Get some tunes on, maybe some stuff from Talking Heads, I recommend 'Road to nowhere ' top tune fella.

Not investment advice and entirely my personal and humble opinion! DYOR!

[adw198] 13/4/2024 11:14

Nobody fancied partnering with Asiamet to build it. It’s why it’s not built and there’s no sign of it being built.

I don’t know why you keep bringing up ARCM, but then I don’t know why you made a new profile. What I do know is you won’t answer.

[rainyrain] 13/4/2024 11:09

Why don't you run along to Von Shirndings fun bus, kiddo, and wait several years if ever for some drill results. Purely my humble opinion, not investment advice and please DYOR!

[rainyrain] 13/4/2024 11:05

If 'nobody fancied it' please explain how a mining services company with circa 16,000 employees now owns circa 36% of Asiamet?

Thanks for coming ladies and gentlemen. Another game, set and match here. Move along now.