ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

ARS Asiamet Resources Limited

0.875
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Asiamet Resources Limited LSE:ARS London Ordinary Share BM04521V1038 COM SHS USD0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.875 0.85 0.90 0.875 0.875 0.88 1,363,819 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 0 -6.93M -0.0027 -3.22 22.57M
Asiamet Resources Limited is listed in the Miscellaneous Metal Ores sector of the London Stock Exchange with ticker ARS. The last closing price for Asiamet Resources was 0.88p. Over the last year, Asiamet Resources shares have traded in a share price range of 0.575p to 1.625p.

Asiamet Resources currently has 2,594,081,929 shares in issue. The market capitalisation of Asiamet Resources is £22.57 million. Asiamet Resources has a price to earnings ratio (PE ratio) of -3.22.

Asiamet Resources Share Discussion Threads

Showing 31776 to 31799 of 31925 messages
Chat Pages: 1277  1276  1275  1274  1273  1272  1271  1270  1269  1268  1267  1266  Older
DateSubjectAuthorDiscuss
14/5/2024
07:57
Let’s stick to what I’ve said Bradshaw, but you can talk to yourself about academic heap leach projects if you want.

I’m sure DOID on whoever else takes the project to production will be pleased of the work the Asiamet shareholders have paid for in refining the 2022/23 FS, which itself was reworked from the 2019 one because it couldn’t be funded. I wonder how much all this optimisation work is costing.

There’s no viable strategy for us building this. It’s why there’s not one documented.

adw198
14/5/2024
07:46
So we've got a heap leach designed by the world's best heap leach designers. Designers from the top copper Country in the world ie Chile.

A design that is cheaper and quicker to build. But I'm guessing Adw198 says it's best to stick with the more costly and tine consuming 2019 design as that was the 'better' feasibility study?

Any other pearls of wisdom fella?

rainyrain
14/5/2024
07:38
No doubt a sub 1p placing and more dilution will be coming soon to keep the Chairman and CEO’s lifestyle uninterrupted as the past has proven?
adorling
14/5/2024
07:35
The only thing crystal clear, Adw198, is that absolutely nobody values your input! Imho of course. Have a nice day fella!
rainyrain
14/5/2024
07:26
Over a year on from the 2022/3 Fs and we’re back in the optimisation cycle and getting quotes. Meanwhile, the financing news which the 2022/3 FS was supposed to accelerate has dried up. Crystal clear the banks weren’t interested in fronting $230m to a company who’ll need another 10-15% dilution to simply survive another year paying for all this technical work.

Same old playbook of trying to divert attention, precisely why they name dropped Beutong.

adw198
14/5/2024
07:15
This is what I've been thinking all along: the bank or money lender won't lend until the main contractor is signed up. The main contractor responsible for earthworks won't sign up until they know the earthworks plan for the heap leach.

Massive step forward! Looks like new Capex incoming! All imho DYOR!

rainyrain
13/5/2024
15:53
This new Manyar smelter in Indonesia smelter will absorb 1.7 million tonnes of copper concentrate that would have otherwise have been exported.
rainyrain
13/5/2024
15:48
One must consider Cobre Panama shutting down plus Freeport's new smelter in Indonesia means less concentrate from Grasberg. I believe it's ramping up now and it will be the biggest smelter in the world. Wonder if one day they will take that high grade core of Beutong?
rainyrain
13/5/2024
15:31
I just read a post on X that copper treatment prices have gone negative. If that is correct and smelters are paying for copper just to keep their plants open, it shows this copper crunch has only just started and there is simply not enough current copper to go round. What an environment to be in right now, come on Manini let's have some tangible news to really set the share price alight!
dorset64
13/5/2024
14:38
One would think an update is due regarding the "advanced discussions" with potential partners interested in fully financing the dedicated biomass power plant.

Moreover, I would welcome news on this "highly reputable" contractor who will potentially do the mining services for the first 5 years, plus site earthworks, mine pre production development etc etc.

rainyrain
11/5/2024
14:15
it's not showing on the LSE site - i think is an error.
jimbo310813
11/5/2024
08:53
What is this about special dividend on the Rns news feed on ADVFN? I can't open those as behind a pay wall? Or is it just rubbish
markth126
10/5/2024
16:39
If the 2021 HoA deal with DOID had completed and we’d got debt finance to match, we’d pretty much be producing into this copper bull market right now. We’d be spitting out so much cash on BKM and still have the BKZ upside.

Oh well!

adw198
10/5/2024
16:24
Manini and creative in the same sentence? LOL.

But yes, absolutely cashing in one one of KSK or Beutong to then have the firepower to develop the other in anger would be a very strong option.

A few of us have been pushing them to do that for years but then they always know better....and look how well that has turned out.

Copper settling above $4.60 and still absolutely zip on terms of tangible progress and now six months of silence other than "we sampled some rocks".

They are nothing if not consistent.

We should see the output of the chat with Charles Archer next week , I wonder if they have insisted on sign off before release?

2lb
10/5/2024
16:14
Yeah it was more the fact they guided year end being the target for a financing decision, ie it definitely won’t be before then and we’ll need operating costs fund's by then.

I appreciate others might have a different view, but if we can’t finance it then a sale is the only option isn’t it. In which case let’s not bother with more dilution along the way.

That said, I don’t know if there’s a more creative option of pretty much giving away KSK for a % free ride on the profits. Again, I suppose that assumes we want to keep going with Beutong.

adw198
10/5/2024
15:38
There isn’t really anything else they can say as regards going concern. That section is always tricky to write and auditors have got a lot tougher on it since 2020.

It’s either a corporate event , a financing to production package or DOID final dilution to ownership and they are never going to talk about the first or last on that list because neither are the official strategy.

The other two however are clearly far more likely

2lb
10/5/2024
15:32
I just read the full report and the Going Concern section to me implies they’ll be another round of DOID dilution because they reference a financing decision is targeted by year end. Given we know how efficient they are around hitting deadlines we can confidently say that won’t be achieved and we’ll need more money by then in any event.

When the DOID takeover finally comes I imagine it’ll be a recommended offer with some supporting logic that financing wasn’t viable and this is the best offer etc etc.

adw198
10/5/2024
09:17
I know you did. Just like you told everyone about all the other top ups miles higher. Looks like you got some at was hopefully near the bottom, so fair play there and hopefully that makes you less underwater. Tip of the hat in some ways for retaining the faith even when everything you expect to happen doesn’t transpire.

The Beutong bait is interesting. Sums up AIM that tbh et raise $1m to drill it on 2021, don’t bother and don’t explain where the money went instead. I think we’re now 5 years since the protests and no evidence we’ve been back since.

adw198
10/5/2024
09:09
ADW - 'Bragging about not averaging down'...You complete numpty, I've posted many time when I've bought an extra million here & there, in fact only a couple of weeks ago I posted my buy at 0.0635p.Do keep up old boy.
dorset64
10/5/2024
09:03
Adw198 nobody here is interested in your quite frankly weird beef with Dorset m8, so give it a rest and let's talk bizniz.

Even getting Geologists on the ground at Beutong, walking around and doing what they do (hopefully in a good sun hat), well, that would be a massive W in itself!

Watch this space, I guess!

rainyrain
10/5/2024
08:38
htTps://moneyweek.com/investments/commodities/industrial-metals/the-price-of-copper-has-risen
jedi k
09/5/2024
22:20
Claiming a paid for bit of PR demonstrates evidence of being able to raise $230m is peak Dorset.

Good thing is he committed to a £100 charity bet if Asiamet don’t raise the money this year. So at least some minor good will come from his misplaced arrogance and huge losses.

adw198
09/5/2024
22:15
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.

adw198
09/5/2024
18:26
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?
dorset64
Chat Pages: 1277  1276  1275  1274  1273  1272  1271  1270  1269  1268  1267  1266  Older