Asiamet Resources Share Discussion Threads

[adorling] 10/3/2017 18:39

Typical ARS & AIM day - publish good RNS increasing value of Company and we finish red. We were at 2.35p Jan 2nd at the open and so we are up 75% YTD so guess the impatient continue to transfer wealth to the patient as a certain Warren Buffet said! Good weekend everyone.

[2lb] 10/3/2017 16:06

Spread betters.

Just what we need.......

[bcockrell] 10/3/2017 16:02

SpreadEx offer a position on this. Can do up to £10k a penny at 20% margin

[knobbly] 10/3/2017 15:19

Curious that.
For the first time ever I've managed to open a spreadbet position on ARS (IG Index).
Not previously allowed because of the small market cap.

Just a few quid per point to play with. Not touching my 1.5M shares for a long time.

[cyberbub] 10/3/2017 15:13

... and I might add that I *always* fail to sell and buy back cheaper...

[cyberbub] 10/3/2017 15:03

Nothing to do with Friday. AIM shares *always* fall on good news, if that news is expected.

[2lb] 10/3/2017 14:56

Welcome to old school Friday pm.

[mr roper] 10/3/2017 13:49

copper...mmmmmm

[2lb] 10/3/2017 12:31

Strategic partnerships / major funding.

TM and PB in the City first week of April

"Corporate Initiatives" have been mentioned as progressing and getting close in every RNS for about a year so its in danger of losing any meaning really.

Pretty sure they are working on something material and beneficial to holders but not going to worry about that aspect until somethings happens.

[charles clore] 10/3/2017 12:28

It cant be a takeover as that would not fall under the heading 'initiative'. Sounds more like it involves spending money!

[letsnotpanic] 10/3/2017 12:26

I wonder what these corporate initiatives are that Peter Bird mentions in today's RNS?

[mr roper] 10/3/2017 09:29

copper..hmmmm

[hawks11] 10/3/2017 07:52

I realise that Romeo- which is why I would like to have been more active and taken more part in the dealing that was going on.
RNS of this nature on a Friday is a little unusual, the share price will be pretty active today.

[2lb] 10/3/2017 07:47

Still pretty much on track

Remember we now have 3 drills running to increases capacity and the results analysis and upgrade report can start now in parallel to the final drilling of the 25 holes.

Drilling will still complete end of March / first week of April and report still in April

All good.

[mr roper] 10/3/2017 07:42

Looks like 4 weeks more drilling and updated resource estimate at end of april

[cyberbub] 10/3/2017 07:41

How did 90k-odd tons of copper suddenly appear in LME warehouses??

[romeoandjuliet] 10/3/2017 07:28

Hawks11 just to advise the share price arguably does have a meaning - it represents the value of the shares at which you can buy and sell at any such given time

[adorling] 10/3/2017 07:27

As we come to expect from ARS our BKM asset just keeps getting more valuable with more high grade, near surface copper. We must expect this to reflect strongly in an increased NPV when the feasibility report is completed and published. This will bring on board fund management investment and attract favourable financing terms for the mine development to production.

No wonder those b......S MM did not want to fill my 500,000 buy order yesterday. Someone had sight of an RNS eh?

[cyberbub] 10/3/2017 07:24

25 holes remaining, will take longer than a few weeks I would think?

[horneblower] 10/3/2017 07:08

Further good drilling results from BKM:

10 March 2017 Asiamet Resources Limited
("ARS" or the "Company") is pleased to advise that Resource infill and
extension drilling being completed as part of feasibility studies on the
Beruang Kanan Main ("BKM") copper deposit in Central Kalimantan,
Indonesia continues to substantially de-risk the Resource which
underpins the project. In particular:


-- Ongoing infill drilling at the BKM deposit confirms excellent internal
continuity of high grade copper mineralisation at the BK044 Zone


-- New copper mineralisation has been intersected outside of the current BKM
resource envelope indicating potential for further extensions to the
Resource

[dorset64] 09/3/2017 22:51

parthus, since you bought into ARS my investment here has gone down 20%, & I have put you on notice..... lol

Sorry about that parthus though I am absolutely positive that within a few weeks, or even less you will post again thanking me for mentioning ARS to you.

Hang in there I'm sure you'll be rewarded.