Asiamet Resources Share Discussion Threads

[maverick247] 09/5/2017 15:57

Lol at those sells today, you just couldn't make it upExpect a rise from here as we approach 4 major milestonesResource updateBeutong licenseBfsBkm JV - possibly b4 bfs:-)

[mr roper] 09/5/2017 15:41

lol, MT...you're right.. I underestimated the magic of the market!

[yorkie14] 09/5/2017 15:38

cyberbub, we could do with some bad then! up up & away............

[mount teide] 09/5/2017 15:37

Mr R - 'they're not letting the share price get away. resource upgrade and beutong license will probably get us to 5.5p the way it's going....lol'

Nonsense :) - the market always underestimates the impact company changing news has on the share-price of ARS - ARS has got 5.75p written all over it post the resource upgrade and announcement of the Beutong License !

[cyberbub] 09/5/2017 15:29

AIM shares *always* fall back on good news. I am expecting a red finish.Our time will come :-)GLA NAI

[mr roper] 09/5/2017 15:21

either way, they're not letting the share price get away. resource upgrade and beutong license will probably get us to 5.5p the way it's going....lol

[2lb] 09/5/2017 12:14

I think earlier than that , 2-3 weeks to my mind.

[cyberbub] 09/5/2017 12:13

It's a 3rd world country. Paperwork approval *always* takes 2 or 3 times as long as it should. Or in the case of AMC, about 10 times!However the BKM resource upgrade is within Asiamet's control, and therefore I would think should be released on time in about 4-5 weeks?

[dorset64] 09/5/2017 11:46

No problem CC, and totally agree about buying stock at these levels, I have been but not to the levels of some on here unfortunately. Either way its all good news.

I'm just conscious that it took them over 2 months, it may well be longer to review the re-submitted papers. Does anyone know of the period of post PLENO to licence award for other co's as I can't seem to find much on the web?
==================================================================

All of ESDM's revisions have been completed and the GEOMINE Competent or
Qualified Person signed off on the study documents on March 6, 2017.
All documents were re-submitted to ESDM on the same day.

ESDM officials have advised that the updated documents will be reviewed and followed up with a PLENO session / presentation tentatively set for early May. ARS
understands that this is the final requirement prior to grant of the Beutong IUP Production license.

[charles clore] 09/5/2017 10:26

Dorset - whilst I totally respect your constraint it does appear from the process that the licence will be granted within a few weeks and it would make sense to accumulate stock at these low prices in anticipation. NAI, DYOR etc.

[dorset64] 09/5/2017 09:29

Agree 2LB not sure if it makes a huge difference of which one comes first, as long as they both come which I believe they (the licence) will.

I would put my expectation for the licence award announcement to be sometime in June but before then, we have the upgrade to come plus plenty of other news to expect to keep us all going.

[2lb] 09/5/2017 09:23

Absolutely Dorset

I don't expect it to be granted this month - I am looking at before end of June as a realistic timescales expectation.

Equally we don't want it lost in the BKM resource upgrade news due before end of May

Both are massive for ARS so we want the full impact of both to be recognised and so a bit of time and space between them would be welcomed.

[2lb] 09/5/2017 08:47

Been calling 10p overnight on Beutong license for some time, once they carry out any sort of test drilling and the sheer scale of it becomes apparent then it really will take off.

All this bouncing around between 4.5 and 5.5p is pretty immaterial.

[mr roper] 09/5/2017 08:36

Beutong is indeed a monster, mav. could double the current share price on it's own and then some.

[maverick247] 09/5/2017 08:31

AMC went from 8-40p on kun manie licenseI know i was in it!Beutong is a monster, just saying:-)

[ronconomics] 09/5/2017 08:30

Starting to move up this morning now. Small buys.

[okidokicoki] 09/5/2017 08:30

We need to just spare a thought for those who sold on the last RNS a few of us called it saying it was a mistake . With so much news due its crazy to be out of this share at the moment. Long and strong . To many LTH to see i big dent in the share price now.

[ronconomics] 09/5/2017 08:28

Starting to move up this morning now. Small buys.

[adorling] 09/5/2017 08:25

I would take 35p on a buy out and quietly retire into the sunset as always planned with ARS but only after buying the ARS team several beers in Indonesia!

[mr roper] 09/5/2017 08:06

agree, mav. There should be enough protection from the stock already locked up, although they will have a price in their heads. I think TM said his was around 35p if it happened now. I'd take that tbh. Another 12mths of progress on bkm and beutong and I'd be looking for a fair bit more.

[maverick247] 09/5/2017 07:57

My big concern also is a takeover but shareholders and bod wont agree a silly price and stock is limitedI still believe and agree with asiamets steve hughes we should see 20-25p by year end 150m mcap

[mr roper] 09/5/2017 07:39

I suspect when that beutong license drops, our chances of being taken out in the short to mid term (pre production) will go up about 10 fold.