Asiamet Resources Share Discussion Threads

[2lb] 11/11/2016 12:42

Being offered 2.4728 for 500k

Not a chance.....you want them, you pay for them.

NAV of BKM alone many multiples of current sp

[mr roper] 11/11/2016 12:22

8m is a heck of a holding, 2LB. A 39p takeout and you'd be sitting pretty...

[2lb] 11/11/2016 11:01

Good work maverick.

I'm though 8m now and holding for multiples of current share price

TM wanted long and loyal holders and the pi base has been moving strongly that way just in time for the inevitable rise which will make getting hold of shares very tricky when the stampede comes....

[mr roper] 11/11/2016 10:54

If copper really starts motoring and the market goes in to deficit the asset grab from the big miners will start to go crazy. It will be a sellers market and TM will have a fair shot at naming his price. 39p.. not unrealistic but he might want to hold out for a fair bit more..

[maverick247] 11/11/2016 10:50

2lb u nailed it on head mate. This is the one to watch into 2017 with copper up, resource update, bfs progress and completion and possible jv deal and license conversions, oh and possible jv or sale of jelai gold assetLth like me have been sucking up shares and pleased to say i hold over 1m now

[mr roper] 11/11/2016 10:39

just a reminder

BKM NPV 10 at copper 2.75 is 74m bucks
ARS current mkt cap is ...18.5m bucks

the value gap needs to be closed...c'mon TM..let's get an ops update out...

[2lb] 11/11/2016 10:33

I think they know the wording was a screw by the volume of feedback received. I don't believe they felt it was an issue hence why it was just put out with "off the shelf" wording and not signed off by PR adviser etc.

Does not detract form the fundamentals - dented sentiment but cooper rally now turning that back around. It caused us to lose momentum and ground that we could have built on but also allowed LTH to add at lower prices so would actually be a benefit in the long term

There is so much to update on operationally and strategically that who knows where the company could be come end of Jan.

[angus thermopyle] 11/11/2016 10:26

I emailed as well after the RNS but his mailbox is full.

Topped up twice this morning.

[littlemadam] 11/11/2016 10:19

I don't post here often but hold and have just added 110000.
Have waited a while to add but feel that the time is right.
USA and China as well as others are going to be fighting for copper.

I confess to mailing TM airing my frustration over the badly worded rns.
Strangely for him he did not reply. Hope I didn't upset him!

[mr roper] 11/11/2016 10:15

waking up now....

BKM NPV 10 - 74m bucks at copper 2.75
ARS mkt cap...18m bucks..

spot the diff...lol

[2lb] 11/11/2016 10:15

L2 building.

May pop today.

Operational update due over the next two weeks.

Beutong production license now adds @25p NAV to sp

[mr roper] 11/11/2016 10:12

agreed, 2LB. eventually it will correct though. I would not be surprised to see a bid. If the Chinese are so keen to get involved at Beutong, why would they not be interested in BKM. They could take the whole lot for 100-200m. No problem at all. Done before lunch....

[2lb] 11/11/2016 10:11

Asiamet has now gone from "ridiculous" levels of valuation as per CEO description to utterly farcical.....

[mr roper] 11/11/2016 10:10

just added 400000 to my holding.

[mr roper] 11/11/2016 10:03

copper at 2.75!

DING DING!! BKM NPV 10 = 74m bucks... Current share price approx. 18m bucks...

[mr roper] 11/11/2016 09:51

copper at 2.7

BKM NPV 10 is 74m bucks at copper 2.75.

ARS should be nearer 5-6p.

TM...get the news train ready!!

[2lb] 11/11/2016 09:37

Because Wti has modest assets in comparison and so is only a short term play whereas ARS has significantly larger/longer assets and mine life expectations.

[mr roper] 11/11/2016 09:36

to answer why they should bid though... if the US and rest of the world kick off massive infrastructure spending the already balanced copper market would swiftly move in to deficit. A land grab for all copper either in production or near production will ensue amongst the major mining companies.

From an ARS perspective, they have world class assets, that are seriously cheap to extract, excellent transport links and a massive market on their doorstep.

[mr roper] 11/11/2016 09:34

they could buy both for 200m quid. spare change for billiton or glencore

[billyrayvalentine] 11/11/2016 09:33

...why should any of them bid for ARS, if they can have for the same money producer like WTI?!?

[2lb] 11/11/2016 09:33

Loose change for those boys.....

[mr roper] 11/11/2016 09:31

mkt cap here is 13.5m quid. A bid of 100m would be hard to turn down

[mr roper] 11/11/2016 09:30

we should be on the blower to Freeport, Glencore and Billiton, 2LB! "Here mate. Have you had a look at BKM and Beutong...? All yours for 300m bucks..."