Asiamet Resources Share Discussion Threads

[dorset64] 21/8/2024 10:43

I would say to wait for the numbers to come in the next RNS, and to evaluate their progress then.Could it be that with all the numbers in and a clearer sight of the irr/capex/opex that submission to finance is the next step but, if not, then the board do have many questions to answer.I would hope, ney expect him to also clearly & definitively map out with timelines the map to mine construction & production.Not long to wait now so let's see what it says.

[bukowski750] 21/8/2024 10:09

Maybe I'm an idiot, but why would Mclelland do that and ruin his reputation?He openly stated that becoming CEO of a junior was "the next evolution of my career "Reputation is everything in the junior space, why would he trash it on his first rodeo?Looking back at his first interview he talked of personal growth and how he worked his way up from operations manager to general manager, resulting in running a mine producing around circa 350,000 oz of gold per year!He talked of the thrill and sense of achievement of standing on a greenfield site and turning it into a producing operation.Personally I think the delays are out of management hands - but I could be wrong - and I welcome all opinions without resorting to the standard; troll, keyword warrior, pond life and de ramper.....ROFLMFAO All imho dyor!

[dav37] 21/8/2024 08:22

Got the money from the last raise and now shut up shop for the next 6 months as usual.

[bukowski750] 03/8/2024 12:41

Possible Fed rate cut next month? Any armchair economic legends out there?

[adw198] 31/7/2024 19:54

It’s pretty obvious there’s nothing getting built by Asiamet. Let’s be super optimistic and say they got all funding agreed (for the yet announced FS part3) by the end of the year.

That needs 2 years building and then a period of payback to the banks / offtakers / whoever else fronts the cash.
In that time we’ll have our usual expenditure which seems to be around $4m a year. So how many more waves dilution are required? Fair enough IF they do indeed manage to do what they’ve not managed since the (better) 2019 FS and get funding, a raise should be on much better terms, but either way the returns to shareholders are ever diminishing.

People must honestly be stupid if they think DOID are here just as a passive shareholder here to buy and sell shares - they have a plan and will pick us off whenever they like and reap the rewards of KSK. Beutong belongs in the bin for now but I suppose things can change.

I retain a price target of 2p to exit with a loss and a lesson.

[bukowski750] 31/7/2024 19:22

It's completely baffling on every level! It's either a goer or It's not. Time to tell us.

[adw198] 31/7/2024 18:18

I’m surprised there’s not more chat here, perhaps they’ve bored us all into submission?! A corporate presentation would be amusing - best I can tell the plan is complete a 3rd FS and then go back to the banks who have so far single fingered us at every turn. We’ve also got the annual $4m costs to cover so presumably anytime now we’ll get the news of DOIDs latest “show of support” by taking another 10-15% for f’all, ahead of their inevitable take over.

Just comedy watching them string everyone along at this point.

[bukowski750] 31/7/2024 10:09

Asiamet are normally good at putting out corporate presentations roughly every 4 months or so, but haven't released one since last October/November, with the last CEO interview last December! Perhaps working something in the background? Good or bad, perhaps we'll hopefully and maybe find out within this decade!How would you rate Mclelland so far? Ten out of ten for missed deadlines, and a solid 9 for radio silence is my assessment ! AIM doing AIM tings innit.

[napoleon 14th] 27/7/2024 12:07

hxxps://audioboom.com/posts/8544419-sunday-roast-featuring-charles-archer-long-term-ftse-aim-investor-and-freelance-financial-analys

From 45:52

[bukowski750] 26/7/2024 15:32

Realistically there is absolutely no value to this app, probably why most have left. Posters have minimal knowledge of the sectors they talk of, absolute planks a round!

[bukowski750] 26/7/2024 14:43

For the record, I personally have never had any contact with the company, and they most certainly don't pay me to post on advfn!So I'd tred carefully here, kiddo.....

[bukowski750] 23/7/2024 11:19

Folks having a baby over the copper price which is up circa 56% over the last five years....ROFLMFAO Check your times frames mofos

[bukowski750] 22/7/2024 13:22

Far East Gold putting out some nice gold assays from their project near Beutong - 30m @ 7.57 g/t Au with 3.3m @ 31.64 g/t Au. Easy to see why Barrick had it ranked as a top target.Also Merdeka copper and gold released a FS on a really nice 6.7 Moz gold project on the next island across from Kalimantan, with an AISC of just $872 oz.Such a prospective area of the world imho, just fantastic rocks!A imho dyor!

[spartan attack] 21/7/2024 10:30

II, get the same dose they offered me on an ENET thread at the start of 2022. Works wonders

[bukowski750] 21/7/2024 10:24

Good discussion on Crux the other day regarding mine development and "the Valley of death" otherwise known as the development stage of the Lassonde curve.The wait in the valley of death is getting longer and more drawn out folks. You have to be well hard to survive it imho.Arguably Asiamet have been in the valley since the exploration excitement of 2018, circa 6 years in the valley of death already.All imho dyor!