Asiamet Resources Share Discussion Threads

[adw198] 09/5/2024 21:15

I’ve also been surprised how quiet the board has been. My best guess is the price has gone up because of copper and an expectation that DOID will finally put us out of our misery because of the rise.

Those like Dorset who predicted all finance to be in place between October 23 March 24, must be worried that they haven’t even appointed a lead bank, let alone got past first base. Or just ignore the fact your own expectations have once again been completely missed and pivot to a new story.

Bragging about not averaging down when you’re still massively underwater seems misplaced smugness. But I suppose that’s the signature dish. No chance are we financing this.

I doubt even the telegram lads will accept another year of kicking the can down the road whilst dilution, so as I say fingers crossed DOID make their move.

Odd that all that interest at 0.65 didn’t come to anything isn’t it - given it’s now double.

[dorset64] 09/5/2024 17:26

Articles like that are, afaia, are paid for?If so, must have been the company and thus, they must believe they'll have the money to do it so, if correct, they must be pretty sure of finance in place or a jv/part sell to get those funds?

[rainyrain] 09/5/2024 15:22

Proactive article just came out saying they're gonna start field work on Beutong in the 2nd half of this year? Where'd they get that from?

[rainyrain] 09/5/2024 14:18

I listened to him interview Colin Bird recently and he talks well, sounds a bit posher or more "up market" than me like.

[dorset64] 09/5/2024 14:18

Yep, apparently an hour with TM

[rainyrain] 09/5/2024 14:16

Charles and his merry men lol. Has he bagged an interview with management?

[dorset64] 09/5/2024 13:52

I would agree that when he, Charles Archer, posts his thoughts they will be interesting to read. My guess is that he, along with his sizeable band of followers, will now start to buy in so look out for a few larger worked orders before he posts his thoughts.

[2lb] 09/5/2024 13:45

More perhaps that there is nothing to discuss as all we have had is continued silence from the company until the publication of the annual report today which told us nothing new.

Copper putting some warm air under the price is obviously good news and your point is valid in the use of the term "starts it's re-rate" as so far all it has done is get to only 40% down on McClelland's appointment two years ago.

We haven't actually heard form the management in all of 2024, apart from a quote about some rocks.

It appears that Charles Archer has actually managed to get them to talk so I look forward to his take on things as his view is certainly one I place a lot of credibility on.

Any price south of 3p remains pretty miserable by their own repeated claims, and that's without the hugely positive copper cycle that should only strengthen.

What we all want is corporate event at fair value - views may differ on what that is both in nature and price

[rainyrain] 09/5/2024 13:41

Can't imagine they're spending much right now as all the studies are done. Except i believe they are still working on an updated environmental study? H1 completion so Can't be far off.

Surely must be permit party soon?

[dorset64] 09/5/2024 13:29

So telling that this board is so quiet when the share price starts it re-rate, almost as if the doom gloomers wished they'd bought in or more at under ½p.Great to see the company with plenty of cash still and what's not to like currently with copper flying and merger/funding talks ongoing.

[stockhunters] 08/5/2024 11:43

getting that copper love and rightly so

[rainyrain] 07/5/2024 12:45

I like MCB project and keeping close eye on it. Just remember it's social, social, social. The most important aspect. Every project you need to be wanted and accepted not disliked!

MCB needs further drilling to get to measured category, then you can get ore reserves after that. Plus they only have a scoping study so maybe a pre feasibility then full feasibility?

Anyway production by early 2026 looks highly optimistic, on steroids, fella.

All imho DYOR!

[the count of monte_cristo] 07/5/2024 12:22

But weren't people saying something similar on here about a month ago...the world needs more copper and the MCB project has just been granted tge first mining permit in the Phillipines for 15 years. A signal from the government they want to get mine building.

[rainyrain] 07/5/2024 11:50

Monte Cristo: incorrect sorry fella. Im aware of Celcius and have knowledge regarding the Philippines.

MCB was ex Freeport project only had a Maiden resource estimate in 2021. Has indicated and inferred mineral resources which are not proven and probable ore reserves.

For me regarding Philippines if Tampakan goes ahead then that would be great, beast of a project almost 3 billion tonnes with gold and a plus 40 year life if I remember correctly!

But I'm not interested right now. Ask yourself why it has a circa 15 million market cap with two massive porphyrys LoL

All imho DYOR!

[the count of monte_cristo] 07/5/2024 11:08

rainyRain incorrect. Look at CLA, two large copper porphyries.....nobody has heard of them but it is listed on the LSE and ASX:)

[rainyrain] 07/5/2024 11:01

As I said that pheonix copper just released ore reserves. Only 66,467 kt contained copper tho, so I guess it sucks to be them, but fair play for getting to reserves at least.

[markth126] 07/5/2024 08:41

Looks to be on a run to 2p here

[rainyrain] 04/5/2024 08:06

Asiamet is up 91.5 % in the last month, and as far as I'm aware, it's the only AIM copper junior with an ore reserves statement?

Maybe the average AIM punter is starting to realise that an assay from a rock chip sample does not trump an ore reserves statement ROFLMFAO !

[jedi k] 03/5/2024 14:14

https://www.bloomberg.com/news/articles/2024-04-28/bhp-mega-bid-and-10-000-copper-expose-mining-s-biggest-problem?utm_source=website&utm_medium=share&utm_campaign=linkedin?sref=NGw7vsFm&embedded-checkout=true

[rainyrain] 03/5/2024 12:15

Yes, deffo more interest. Copper price needs to chill for a bit and hold $4.50 level. Slow and steady is better.

Oh, for Asiamet to become the "darling of AIM," imagine such a thing! Egg on face and humble pie all around, and on steroids to boot ROFLMFAO

[mostyn] 03/5/2024 12:03

Volume has been picking up recently and the last couple of days have been among the highest in the last 6 months. I suspect a few are positioning for the copper bull market, and are also aware of the recent comment from DM about the level of external interest in the projects/company. Having said that the chart is showing overbought, but I'm not sure yet whether this will signal a sell off, or just a consolidation around this level. Whatever the reason it's nice to see some interest.

[rainyrain] 03/5/2024 11:31

Do I detect a bit of 1970's hairdo volume? Does anyone reckon the Dazzler is working wonders behind the scenes, or will this be the standard AIM 'damp squib'.

[billthebank] 02/5/2024 07:53

Sorry but why the rush to buy today?

[deanoblues] 02/5/2024 07:50

People need to start jumping in now...before its too late ;-)