Asiamet Resources Share Discussion Threads

[barneycosmo] 29/11/2016 11:11

Article on mining from the Economist...In the longer term, their main source of optimism is copper. Juan Carlos Guajardo, of Plus-mining, a Chilean consultancy, expects the copper market to remain in a state of oversupply for some years. But eventually a shortage of quality copper mines will curb supply as electrification of the world economy, from cars to heating and cooking, lifts demand.

[okidokicoki] 29/11/2016 05:00

LTH STUPID SPELL CHECK

[okidokicoki] 28/11/2016 23:48

Welcome aboard seans66 the more LTD the better

[seans66] 28/11/2016 23:10

Great presentation tonight, I will be adding this week.

[osawyer90] 28/11/2016 22:51

I suspect the usual tomorrow. Serious investors will add more after tonight's meeting . Then day trippers will sell out making there £20 . Thanks for the meeting notes . This is my first investment , been here for about a year now and it's been interesting . Roll on the next year . Exciting times

[mr roper] 28/11/2016 21:32

At some point the intrinsic value will start to be picked up by the market. At that point the sky will be the limit

[wayney] 28/11/2016 21:32

Cheers adoring much appreciated

[2lb] 28/11/2016 21:31

Thanks for sharing you notes adorling

[2lb] 28/11/2016 21:30

Heap leech results and BKM upgrade both drifted out but for the reasons of getting best possible output to therefore get best possible BFS deal into production.Material short term news therefore all about Beutong license New investors and shareholders from tonight and last few weeks and months should tighten up the shareholder base and lock in value and long term many multiple gains.Over the course of 2017 and 2018 I can see Ars moving well north of 20p a share.

[adorling] 28/11/2016 21:29

Forgot to mention TM still expects Beutong to be confirmed for production licence before Christmas - good news if that happens. We shall see.

[mr roper] 28/11/2016 21:16

Thanks Adorling. BKM is going to become a stellar asset

[adorling] 28/11/2016 21:14

For the record these were my notes from this evening meeting. They are quotes from Tony presenting.Only BKM main is in the feasibility study to prove NPV of previous PEA report. Therefore BKM South & West will add serious upside to value.Crushing data was significant as showed we can use 19mm crushed ore for heap leaching compared to 12mm so another cost savingBKM will scale up from 10,000t pa to 25,000t pa.We are going to extend the full heap leaching testing by 3 months to fully optimise this process.Beutong has some serious intrinsic value that the market is not paying 1 cent for currently.Key driver of interest from the Chinese is the "One belt one road" strategy and Indonesia has become an increasing part of Chinese future resourcing for copper.SERIOUS MULTIPLES WILL BE MADE BY INVESTING IN ASIAMET BUT NOT TRADING. I am taking this Company to a +$billion value assetBiggest risk will be funding but I am not worried and don't have issues getting it to complete feasibility $3-4 million (Jelai sale will generate $1-2 million) but if copper price keeps going up they will be throwing money at us. BKM feasibility update will likely be near end Q1That's most of my notes.

[adorling] 28/11/2016 21:02

The 1 million was my buy order today for the record. Good meeting tonight.

[mr roper] 28/11/2016 20:46

lol mav! Hope the stage is soon!

[maverick247] 28/11/2016 20:42

Without trying to sound rampy at some stage this is just going to go !

[2lb] 28/11/2016 19:22

There's the late 500k sell that caused the bid drop , not even that big mind in the course of the day. TM currently presenting to a full room so let's see what tomorrow brings.

[2lb] 28/11/2016 17:10

No, it's a buy order filled.

[mr roper] 28/11/2016 17:00

Is the 1m sell actually adorlings buy?

[cyberbub] 28/11/2016 16:54

2LB, surely the delayed 1M trade at 2.46p is a sell??In which case all the rest of today's trades (being at higher prices) are buys to fill the 1M sell?

[mr roper] 28/11/2016 16:40

Personally I don't expect any material news this week. Would make sense for TM to be discussing the positive impact of the copper price on the current PEA and also spark the fire that the current PEA will be blown out of the water. Would be good if someone could ask him about placing plans and current cash position. I'm expecting most material news in Q1. Beutong/jelai and upgraded resource estimate

[2lb] 28/11/2016 16:21

So 1.9m buys and only 180k sells and they drop the bid back down

Can only be a large sell or sells coming through......

Come on TM, drop something material!

[charles clore] 28/11/2016 16:07

Or maybe someone this evening will be able cast some light as to who the seller might be! My instinct tells me the price should be much higher than this. Maybe it is a placing and forward selling holding it back but it would still be a steal imho.

[cyberbub] 28/11/2016 14:53

Interesting adoring, so there must be a sell in the system still... let's hope tonight's meeting provokes enough buying to overcome it finally...

[mr roper] 28/11/2016 12:24

That was one of the options, Nick.
Dorset, new presentation should be up on the site this evenings to coincide with the event