Asiamet Resources Share Discussion Threads

[mreasygoing] 10/12/2024 15:03

My average is 2.5p. long way to go yet. I'll take 4p.

[markth126] 10/12/2024 14:37

2.95Billion shares in issue yet 5million traded today moves the price 21% - sounds like tightly held to me - hang on your golden tickets a bit longer.

[bahamasoil] 10/12/2024 14:07

Sent out by the company

[jimbo310813] 10/12/2024 12:37

Is that the one on YouTube?

[bahamasoil] 10/12/2024 11:58

The latest CEO video appears to show he has his ducks in a row, but will he hit his timescales? We can hope.

[bukowski750] 10/12/2024 09:40

Anyone excited waiting for the updated capex, NPV & IRR? I'm like a bottle of pop, a kid at Christmas!!!The Daz and Tony dream team is about to show the mining world what's up....I reckon, IMHO of course!!!!

[adw198] 05/12/2024 12:36

I reckon 4.25 would be reasonable and obviously that’s a 5% increase on the previous one - and 29% on the first.
We know for a fact the CAPEX is going to be slashed, it’s just how much output / revenue is affected. Either way it’s easier to borrow a significant smaller amount.

I see a decent rise when it’s released and believe it’ll be this month.

[bukowski750] 05/12/2024 11:15

Regarding Cu price in a study I noticed Pheonix Copper used $4.45 l/b in their recent study lol.....But Darryn being the consummate professional I doubt he'll be that ballsy ROFLMFAO

[bukowski750] 05/12/2024 11:11

Wow almost bullish from Adw198....now there's something I didn't expect ROFLMFAO

[adw198] 05/12/2024 10:38

Ok well as a fully signed up, card carrying member of the “DOID will take us out club” I think details of them hoovering up other business cements my belief they’ll do the same here.

The IRR will almost certainly be significantly better imo, partly because they’ll use a higher copper price. I’m actually surprised the share price isn’t higher in anticipation of what will be a very positive sounding RNS.

[bukowski750] 05/12/2024 09:48

Will be interesting to see if this updated and final* study improves on the 21% IRR of the last one !What do you reckon?* hopefully this company is at the end of the BKM starter project studies phase ROFLMFAO

[bukowski750] 05/12/2024 04:57

I struggle to take you through any logic, kiddo. I'm just trying to get some discussion going with the DOID will take us out for a pack of peanuts brigade.As you know finance is not my strongest point... I was just trying to work out what Saylor and microstrategy were up to and fell asleep at credit default arbitrage super swaps or something, can't remember.

[adw198] 04/12/2024 18:54

This is brilliant - you’ve gone from not wanting to discuss anything finance and / DOID related to giving us their latest news.

But what’s more bizarre is highlighting DOIDs $618m of transactions as evidence they WONT take us over?! Talk me thorough the logic here please?

[bukowski750] 04/12/2024 12:14

DOID have signed $617 million of transactions this year. To all the DOID are gonna take us out on the cheap folk, what do you have to say about that?

[bukowski750] 04/12/2024 10:28

www.deltadunia.comPT Delta Dunia Makmur Tbk (Delta Dunia Group, IDX: DOID), through its indirect subsidiary Bukit Makmur Mandiri Utama Pte. Ltd. (BUMA Singapore), has entered into an agreement with 29Metals Limited (29Metals, ASX: 29M) to subscribe for 229,902,537 newly issued shares, at A$0.27 per share, for a total of A$62 million. This forms part of 29Metals' A$180 million equity raise and grants the Group a significant minority interest of 19.9% in 29Metals. As part of the placement, the Group will have the right to nominate one Non-Executive Director to the Board of 29Metals, with the option to nominate a second Non-Executive Director if its stake exceeds 20% of the total shares outstanding.Ronald Sutardja, President Director of Delta Dunia Group, stated: "The strategic transaction reinforces our commitment to diversification and growth into future-facing commodities and builds on our recent significant acquisitions; entering a binding agreement to acquire a 51% interest in the Dawson Complex in Australia and acquiring Atlantic Carbon Group Inc., the second largest ultra-high-grade anthracite producers in the USA. This transaction represents a tangible step in Delta Dunia Group's strategic long-term goal to support the transition to a low-carbon economy, while diversifying our portfolio to align with a more sustainable future."This transaction represents a significant step in the Group's strategic expansion into the future-facing commodities sector, offering valuable exposure to copper and zinc. At an attractive price relative to recent transactions and trading peers in the copper sector, this acquisition provides the Group with an immediate and high-value opportunity.Long-Life, High-Quality Base, and Precious Metals Assets with Strong Organic Growth and Exploration Upside29Metals operates two high-quality, long-life assets: the Golden Grove mine in Western Australia and the Capricorn Copper mine in Queensland. These assets offer the Group access to reliable, high-grade copper production in low-risk jurisdictions, with substantial growth potential. Golden Grove presents exploration upside, while Capricorn Copper is poised for a planned production restart and resource expansion. As of December 2023, the company's proven and probable reserves support a mine life of over 10 years. In the 12 months leading to September 2024, 29Metals produced 26kt of copper and 60kt of zinc.The proceeds from the equity raise will fully fund the development of Gossan Valley to first ore, allowing the company to optimize its mine plan and extend the life of the Golden Grove mine. This development will increase production flexibility by adding an additional mining front and providing a higher-grade ore source to replace the declining output from Scuddles.The Group intends to finance this acquisition using its cash reserves and a syndicated bank facility, ensuring continued financial flexibility for future strategic.

[bukowski750] 04/12/2024 07:44

DOID getting into bed with Hegarty and Manini through EMR Capital. Remember Tony said BKZ looks like what Golden Grove was at the start if its life!!BKZ is where it's at people, imho dyor!!!

[bukowski750] 04/12/2024 07:42

From www.finimize.comDelta Dunia Makmur is shifting gears by increasing its stake in 29Metals to 19.9% with a A$62 million investment, marking a move into the copper and zinc markets.What does this mean?Delta Dunia is strategically pivoting from its coal-centric roots by exploring future-facing commodities like copper and zinc. This stake acquisition in 29Metals supports their aim to diversify beyond Indonesia into Australia's mining sector. With key assets like Golden Grove and Capricorn Copper mines, 29Metals is set to boost output as Capricorn resumes after a weather-related pause. This transaction is part of a broader A$180 million capital raise for the Gossan Valley project. Meanwhile, AustralianSuper is upping its share to 18%, with EMR Capital holding a major 44.79% stake. This shift underscores Delta Dunia's strategic vision under its president director to leverage crucial commodities for future tech advancements.Why should I care?For markets: Riding the wave of greener metals.The global shift toward sustainable tech is boosting metals like copper and zinc, turning them into attractive investment grounds. Delta Dunia's increased stake in 29Metals indicates rising interest in these resources. As 29Metals' mining operations ramp up, investors should keep an eye on the potential supply boost and its effects on global commodity markets.The bigger picture: Diversification amid global shifts.As the globe moves toward greener tech, demand for key minerals is set to grow. Delta Dunia's pivot from coal to copper and zinc mirrors wider industry trends where firms diversify to cut fossil fuel reliance and tap into the thriving sustainable materials market. This shift not only aligns with global sustainability aims but also strategically positions Delta Dunia in the changing industrial landscape.

[not guilty] 01/12/2024 22:16

You remind me of my dad - he had skin cancer all over his face and didn't care one jot what anyone thought. You're a great investor and I'm sure you've helped a ton of people out onto this platform. Take care, Sir

[adw198] 30/11/2024 17:21

Keep fighting MT,massive plaudits for the attitude.

@dorset big respect for your message of support too - I’ve always felt you’re a decent bloke 👍. This kind of stuff puts our investments (and squabbles!) into perspective.

If it’s not too tacky a gentle reminder we had a £100 charity bet whether Asiamet would have finance in place this year - I’m sure there’s a suitable charity that could make our squabbling have some constructive conclusion :)

Take care folks

[dorset64] 29/11/2024 18:31

MT, unfortunately I lost my best friend at a relatively young age to the same cancer by the sound of it so I wish you all the very best and, as you say, continue fighting fella and sincerely hope you have some better news in a few weeks.Keep fighting & fight dirty MT..

[mount teide] 29/11/2024 15:48

D64 - the immunotherapy and radiotherapy treatment I'm receiving is palliative. ie it cannot cure the disease but is used to help to prolong life as long as possible.

Once Melanoma reaches the lymph nodes its in the bloodstream - ie metastatic/terminal.

Immunotherapy has improved the survival rate from 4-6 months on average and less than 1% surviving 12 months to 33% surviving for two years.

Consider my self to be very fortunate to be at 1 year 2 months 2 weeks and still above ground - so does my lead consultant who chooses his words very carefully, but said to me after reaching 6 months that I should consider myself a "very lucky man" considering the extent and extremely aggressive nature of the disease immediately prior to the commencement of treatment, when I was losing three quarters of a stone a week and had a resting heart rate of 117 rather than the 62 before I was diagnosed.

As a patient all you can do is ask for the strongest treatment dosage the consultants think you will be able to endure (I'm getting the max allowed at 7 times the standard dosage - most get a the standard dosage because of other existing medical issues/poor blood test results), before putting yourself at serious risk of losing your life from the side effects, which can fill two sides of a sheet of A4.....and then its just a matter of standing your ground and keep throwing hooks and uppercuts, ie stay as fit and healthy as you can to put up the strongest possible resistance.

Unfortunately, but not unexpectedly - it occurs in over 50% of cases - after the initial success of the immunotherapy treatment in shrinking a large number of fast growing lymph node tumours, one the size of an orange, the disease has mutated and retuned with a vengeance ......hence the addition of high dosage radiotherapy to the treatment plan.

Still early days but the two pronged treatment plan does seem to be having some success in shrinking the new tumours - a scan in mid December will shed more light on the extent of this progress.

Whatever the final outcome over the months ahead, the disease will continue to know it's been in a fight against an opponent who punches back! And if this formidable foe does finally get the upper hand as, on the balance of probabilities is the most likely outcome, it wont change anything with respect to the fight, as I'll be going down all guns blazing to the final breath!

[bukowski750] 28/11/2024 13:24

Mate you're not exactly Einstein for typing Auternum Energy into Google.I bet this world class research you've been dining out on for almost four years took about 3 minutes tops ROFLMFAO All imho dyor!!!

[bukowski750] 28/11/2024 13:15

Not my interest in geology one should be concerned with, rather Freeport's!!!When they left in 2014 for non geological prospectivity reasons they had 5 porphyry targets they were going for!And they budgeted an extra 14 million on top of the more than 33 million they already spent to vector on on those bad boys before top brass pulled the plug!Freeport wouldn't do that if the geological settings weren't right, these are professionals, the best around!!They were going to drill 24 000 meters into "highly developed targets" !!!!!!Beurang Tengah prospect hit 170m at 0.22% Cu plus 0.14 g/t Au with moly! That is what you call smoke....imagine that was on the edges, what would a drill into the guts produce????!!!Worth listening to Faldi Ismails may 2014 proactive interview where he explains all this.All imho dyor!!

[bukowski750] 27/11/2024 18:36

Of all the AIM companies to call a lifestyle business, you choose Asiamet.Facepalm.....