Asiamet Resources Share Discussion Threads

[mr roper] 29/6/2017 08:40

copper on a tear!

[horneblower] 29/6/2017 08:39

As the June contract is about to end I have changed the copper futures charts in the header to the August contract.

[mrpiggy] 29/6/2017 08:00

Good morning all, I hope you are all feeling positive after yesterday's fantastic news, the only negative thing about the day was the volume of selling from the (ARS) hole rinse and repeat brigade!They will become a distant memory when institutions buy inand this share re rates.... they will move on to annoy the Shxx out of investors in other shares.It's only natural to feel a little disappointed when you don't see your investment rise on such news but keep the faith because this will multi...multi bag, trust the PigIf you are feeling despondent after yesterday's play then this may help lift your spirits!!https://www.youtube.com/watch?v=uoiIYlww8M4This is definitely NOT one for you Mr Dorset64 as it won't help you one iota! ;@)

[mr roper] 29/6/2017 07:59

BKS and BKW drilling results to come, we're gonna need a bigger boat...

[mattjwhity] 29/6/2017 07:20

Copper $2.68 open

[adorling] 28/6/2017 21:06

Copper up another 0.51% to $2.66

[highly geared] 28/6/2017 20:48

Looking at the PEA this is based on 391M lb's of saleable copper at $3.25.
Based on the low cut off of 0.2% , M&I are now at nearly 700M lb's, add in some conversion of inferred and you are at double the resource.

Even at a 0.5% cut M&I are at 560M lb's.

To me, this strongly indicates the revised PEA model will add anything between 15-30% onto the mineable copper reserve. Add in the strip ratios that considerably improve mine economics and it wouldn't surprise me to see NPV increase to $300 million +

What's even more mind blowing is we know all the other 3 nearby tenements of BKS, BKZ and KSK are highly prospective and will likely become standalone projects for copper or polymetallic in their own right.

Basically the KSK area will likely yield a 4 stage monster resource project over the next 30 years but resource drilling over the next 2-3 years will likely define just how big this will be.

Then there's the monster of Beutong.

Definitely retirement plan material on a 5 year time horizon but will be very surprised if this doesn't get bought out in the next 2 years as the commodities cycle turns bullish again...

[mattjwhity] 28/6/2017 20:26

... ARS has an awesome strip ratio.

[mattjwhity] 28/6/2017 20:12

Lots of views on today. Thanks to the majority for posting some sensible thoughts.On the plus side;What an opportunity to add more for current holders, and more new investors added to the register.A better update than many thought.Copper looking good for a break out to $2.80 and the story continues to get stronger as the year progresses.It has always been a long term play. Those who are disappointed probably had a plan to jump out, wait for the drop and then jump in again.A great day. Thanks to the ARS team and especially Peter, Steve and Tony for the hard work.Good luck

[mr roper] 28/6/2017 18:42

I'm looking to add in the coming days. Can't believe how good that rns was and with the top guns in charge I look forward to the bfs being completed in the next 9mths and all hell breaking loose.

Oh I almost forgot to mention the drilling of bks and bkw. Anyone checked out the historic grades for these zones? Bkm will only get better and bigger.

And if Beutong drops the sht will really hit the fan.

[the manini] 28/6/2017 18:32

On the contrary this was an excellent day. The project was expanded in size and significantly de-risked. One to two weeks the price will be mid to high fives or better

[bionictwat] 28/6/2017 17:42

Disappointing day doesn't bode well for tomorrow as more selling happens people will wait on side lines until next news

[mount teide] 28/6/2017 17:23

A final 150,000 for me into the close - that's a round 2m - looking forward to what a management with a long and enviable track record of delivering on the bottom line for previous Companies, and who have considerable skin in the game here, generates for shareholders by 2020.

[highly geared] 28/6/2017 17:11

It's now all about mine development/ finance. It's been traded today on the basis of no material news for several months.
Regarding Beutong, when JLP announced their MR on Tjate ( 22 million oz platinum) the price spiked c 35% but within a week , all value had been wiped off.
Maybe that will happen here but provided they can deliver up a development plan over 3-5 years without serious dilution, this has to be a long term no brainer/ retirement plan for the patient...

[mrpiggy] 28/6/2017 16:40

Correct Yorkie & 2LB!

[2lb] 28/6/2017 16:35

Classic AIM and classic ARS today.

The longer term chart - 1, 3, and 5 year show a very strong and continuing climb to inevitable value.

Strong buying into the close.

9m plus volume means a decent amount of churn today with short term holders leaving and long terms holders hopefully entering and adding.

Naturally its a really disappointing reaction , especially after we hit the mid 5's so quickly but we know what we are dealing with in terms of Aim investors.

The sooner we get sticky ii investment the better

[yorkie14] 28/6/2017 16:34

This will be bought into between now and end of the year by bigger players. It's going to build now, as simple as that!
gla

[mount teide] 28/6/2017 16:16

Its a good job the resource confidence in the contained copper in Measured and Indicated Resources increased by 207% in comparison to the October 21, 2015 BKM Mineral Resource estimate.


Lord knows where the share price would be today, if it had ONLY increased by 150%!

[mrpiggy] 28/6/2017 16:02

P.S.Cheers Hornblower, I was able to pick up today's podcast you put into the header of the BB.

[oilandgas1] 28/6/2017 16:00

Disappointed is an understatement after today's reaction wrt the share price based on the resource upgrade .. the only news which will move this above 5p ( and keep it there) is the Beutong licence award and a Strategic partner for bkm

[the manini] 28/6/2017 15:57

The better the stock the harder they'll try to shake PI's out...

[mrpiggy] 28/6/2017 15:55

One can only assume that there are large investors that have been sat on this from its market bottom and are selling out!!Don't panic Mr Mainwaring, all will come good here!You heard it from the horses mouth on the podcast about copper prices......when we go into production and I quote "all hell will break loose".

[mr roper] 28/6/2017 15:53

Charles, that "troubled stock" has gone up near 400% in 18mths. Do you know any other *troubled stocks", I could do with sticking a few quid in them.