Asiamet Resources Share Discussion Threads

[okidokicoki] 08/12/2016 15:00

Why sometimes what i post does not go on the main bb ?

[mr roper] 08/12/2016 14:55

"Analysts say factors in the project's favor include a forecast world shortage of copper in coming years, China's desire to secure supplies and the sheer scale of the project. "

[mr roper] 08/12/2016 14:39

buys outstripping sells 2:1..naturally the share price is flat as a pancake..

[mr roper] 08/12/2016 13:45

bid edging up...

[maverick247] 08/12/2016 13:38

Agree so many accumulating now like me for the longer term story that non sticky shares will start to dry up.

[okidokicoki] 08/12/2016 13:32

I think the people playing the buy at buy at 2.3 sell at 3 are playing a dangerous game because if any big news drops when they are out this will move very quickly and they will be left wishing they had held onto there shares . I did the same with PANR made a little lost a lot more then always thought price will drop back a bit and it never did! So i dont care how low it goes and i'm under water at the moment with my average been 2.95 with 1.6 million shares but they not having 1 back im not making that same mistake again! DYOR
Craig

[maverick247] 08/12/2016 13:24

Only downside when we move up is we'll get the numpties turn up squabbling !

[richsmithsmith] 08/12/2016 13:10

Hahahaha.... yeah. Always fun though. Great banter :)

[2lb] 08/12/2016 13:07

In the meantime the handful of us that are here can just keep talking between ourselves :-)

[richsmithsmith] 08/12/2016 13:06

Agree 100% M247 We know the mine life is longer and the heapleach is better (and needs little acid). And we know the majority of inferred and indicated will get moved up to measured. Cu price has gone up. BKM has extendable zones each side of it. We think operating costs will come down from $1.50 all in. Question is how much will the NPV increase by. Not if it will.

[2lb] 08/12/2016 13:06

Placing or open market, the important thing is that in both cases its more shares into the hands of those waiting for the story to unfold rather than chasing 0.3p rises.

BKM will quickly ANNUALLY generate cash in excess of the current MCAP such is the farcical market valuation at present.

I expect the resource upgrade to be very detailed and precise with some superb numbers relating to quantity ands quality of copper , project NAV and IRR plus lower overheads and all in a rising copper price cycles compare to the PEA.

[the manini] 08/12/2016 13:01

BKM = BANK MACHINE!

[maverick247] 08/12/2016 12:58

I could have participated in the placing but to be honest im happy to add in the open market in my ISA as this level will be history soon.Great crowd in this group and some good challenging questions and rightly so.Im more excited to see the BKM resource update than licenses at this stage as thats our near term money machine!

[maverick247] 08/12/2016 12:42

Added 100k at 2.38

[cyberbub] 08/12/2016 12:36

The basic point is that (assuming things go to plan, and that the shares in issue don't rise significantly) it would be unlikely that any takeover would succeed below say 15p IMO. There has been 8p per share invested in exploration so far, people stumping up that money for so long will want a return.It's hard to see any downside from 2.3p IMO.Famous last words?

[2lb] 08/12/2016 12:36

TM has stated he would not accept and offer below 39p so thats 33p post placing.

I think once all projects are in place and progressing to BFS stages then any offer would be significant.

The question would be more around an offer post BKM resource upgrade, say around April / May time in excess of 15p, then would give many a clear dilemma.......

For the next few months the difference between 2.3p, 2.5p, 2.7p etc is immaterial other than to save a few quid on the way in.

[aim0raider] 08/12/2016 12:29

I think that's what is concerning a lot of people. An offer, and it ends up being sold too low!

[2lb] 08/12/2016 12:19

522k buy and a 600k buy, that's more like it......

If people are waiting on the sidelines to either buy-in or add to existing holdings then I don't see much opportunity after the next few weeks, new placing shares will be going into sticky hands for the run to production and many / most to existing holders.

I had a good run in PANR from 17p to £1.50 and this still reminds me of that run. Clear and accepted asset base ignored for what seemed an eternity then suddenly a mad rush to get in drove it up to x10 at the peak. Both have proven management and low capex / opex projects being developed in their respective commodity down cycle.

Once Asiamet hits the radar then the sheer quality and size of the BKM and Beutong projects will do the talking.......

[the manini] 08/12/2016 12:16

Okidokicoki this short article is from November 2003 when Oxiana hit the Billion dollar market cap 4 years earlier than predicted ;)http://www.theage.com.au/articles/2003/11/10/1068329485066.html

[richsmithsmith] 08/12/2016 11:42

like this you mean...

[mr roper] 08/12/2016 10:17

agreed, 2LB. Hope TM is at the IUP license award ceremony ;0)

[2lb] 08/12/2016 10:10

The Oxiana metrics are not as good as the Asiamet numbers - not even close....

And look what happened there........

I think Jackbal in on the money above, price here is totally detached from the fundamental and the actual value, we are just too early still for most AIM "investors" which is good news for those of us who have researched the company fully and taken advantage of getting in before things take off from Q1 2017 onwards.

I am very confident that my holding here will provide an excellent return over the next 12 months and beyond and am still open to adding on any weakness below the placing price .

Really intrigued by TM presence in Indonesia this week.

[peterpowell21] 08/12/2016 09:41

can i give you a heads up on a company.
take a look at MTL.
its worth a read.