Asiamet Resources Share Discussion Threads

[snickerdog] 16/6/2017 09:24

Market Makers I'm sure 2LB, the delays haven't bothered me - I actually find the drill results quite interesting. Bring on the reserve upgrade and I'll judge the Asiamet team on the results there

[2lb] 16/6/2017 09:07

Just boring now isn't it.....

Sadly I think many holders are just bored of the endless waiting and endless delays and missed timeframe forecasts for the big juicy updates.....

[snickerdog] 15/6/2017 23:19

Market Maker attack today ? Be worth testing it tomorrow with a few small buys

[snickerdog] 15/6/2017 17:32

Ayesha deramping again I called the company today and there is no raise plus I spoke to the broker

[snickerdog] 15/6/2017 17:30

Horneblower I'll pay to upgrade your account and ban Ayesha

[2lb] 15/6/2017 16:32

It's not about Asiamet today - AIM is red pretty much across the board.....

The company says no more retail placings and I am happy with that, they have the 2.3p placing cash and the Jelai cash to get through to parter financing

The BoD are not the usual confetti share AIM garbage.

[adorling] 15/6/2017 16:22

....so I buy another half million and the price does not move but if I sold 10,000 then it would drop 1%! Insane on AIM!!!!

[mr roper] 15/6/2017 16:14

jack, as the Co have said, it's at the final stage, the govt have told them it's the final stage, but they can always come with another change or two or request for more info. That's the govts prerogative.

Balls up = change in Indo govt set up and having to resubmit everything and go through the rigmaroll again. Always better to manage expectations to the downside on things that are not in your control.

[jackbal] 15/6/2017 16:10

Mr R- I am of the impression that Beutong prod license approval is at the final stage. (I still think ministry will drag it out until financing to production is secure but that's just my opinion based on gut feeling).

Have you heard otherwise? (Balls up?)

[jackbal] 15/6/2017 16:03

I was just about to ask the very same question!

[mr roper] 15/6/2017 16:03

clear that the beutong license was a balls up and they stated that.

moving a resource upgrade timeline isn't a ramp.

[adorling] 15/6/2017 16:02

..bet you bought in today Ayesha?!

[ayesha4] 15/6/2017 15:51

Well over a year for an 'imminent' licence. Its always never far away. The resource upgrade timelines have moved incessantly.

[jackbal] 15/6/2017 15:41

Either that MT or just plain old leaky Chinese walls.

for example a broker places 500k worth of stock with his best client making a fat commission as it's placing stock. Then sells half of if into market at 5 making standard commission knowing he can earn the same fat commission again and his client accumulates. win/win for them both.

[mr roper] 15/6/2017 15:41

what ramps?

[ayesha4] 15/6/2017 15:34

Its a tried and tested way. Whenever company ramps become excessive - always one coming. They should have tempered expectations on the licence and they should have waited for the resource upgrade before a placing.

[mount teide] 15/6/2017 15:18

'Share price action suggests placing coming.'

If that proves correct, the 'in the know' large seller/s have played existing and recent new shareholders like a finely tuned grand piano!

Its been an education and entertainment to see them skilfully move the share price to ever lower highs and lower lows, while using the regular flow of highly encouraging RNS project updates, to draw in as much new buying from shareholders existing and new as possible.

[ayesha4] 15/6/2017 15:18

When have a company ever admitted to a placing. This should be 8p+ NOW. The small placings hurt

[jackbal] 15/6/2017 15:14

But then surely it would make sense to wait a couple of weeks for the resource upgrade and place at higher value.

I have read elsewhere from investors that have an account with the house broker that there isn't one but I suppose they must keep it quiet until very very last minute.

[jackbal] 15/6/2017 15:09

It's behaving that way although when I mentioned this before some said I was spouting nonsense. Although I must say nobody could provide and alternate view in financing.

Would explain the large seller/sellers at 5 ish. On a more positive note if it as a placing the stock rose by over 100% last time and quickly.

[ayesha4] 15/6/2017 15:00

My guess is 4p.

[ayesha4] 15/6/2017 14:53

Share price action suggests placing coming.

[librayang0925] 15/6/2017 14:46

We have waited for years, 10 more days is nothing

[mr roper] 15/6/2017 14:14

10 working days to the upgrade I reckon...