Asiamet Resources Share Discussion Threads

[charles clore] 11/10/2017 09:31

25p a share would be about right. I would probably take that amount now without blinking. After all a profit is a profit and I would rather have the money now while I still can rather than wait years for a fortune when I will be too old to enjoy it!

[walter walcarpets] 11/10/2017 09:23

gonna wait for some red before I top up :-)

[mr roper] 11/10/2017 09:14

Finders is an interesting comparison although they are a couple of years ahead of ARS on the curve.

They're producing 25000tonnes pa, have a cash cost slightly better than ARS at $1.05/lb but the mine life is only 7 years versus BKM at 9 and likely to grow to 11-15.

Either way, copper and zinc are entering the sweet spot and we will be attracting interest from many a suitor.

[billyrayvalentine] 11/10/2017 09:00

...interesting, to say the least ;-)

[mr roper] 11/10/2017 08:59

cpap, re: takeover. I recollect that Mr Manini mentioned about 12mths ago he'd have looked for about 30-35p but that was then...I suspect it'd be nearer 50p+ now to tempt him and the BoD.

[mount teide] 11/10/2017 08:55

ARS - Twitter - 'Our neighbours Finders Resources tell shareholders 'take no action' over $178m takeover bid. Similar operation.'

[x54v] 11/10/2017 08:45

"extremely excited" - sounds good.

[x54v] 11/10/2017 08:44

"#ARS BKZ Drill core sample showing Quartz Polymetallic Vein at 10% Zinc. We are extremely excited at potential of new BKZ polymetallic zone"

[x54v] 11/10/2017 08:44

"Asiamet Resources Ltd (LON:ARS) is increasingly confident it has found a new stand along polymetallic deposit at its BKZ prospect in Kalimantan, Indonesia.

Assays from the first of a six hole shallow drilling programme were ‘exceptional’ said Peter Bird, chief executive, and consistent with a much larger deposit."

[cpap man] 11/10/2017 08:41

The house broker is extremely bullish on ARS with a share price target of 10p to 15p by the end of 2017

After that they see the share price continuing to rise perhaps to 100p+

But who really knows - obviously a TAKE OVER could get in the way of any longer term price projections!

But what price a TAKE OVER of ARS?!?!?

25p? 50p?

[charles clore] 11/10/2017 08:38

Another successful drill. The zinc results are quite exciting.

[hawks11] 11/10/2017 08:20

5.8p to buy, no money to waste betting on the share price at the end of the year but I do wonder, if those pieces of paper are signed and the trading temperature rises.

[x54v] 11/10/2017 08:19

Good timing with today's RNS for the Momentous event tomorrow:



That should drum up more buyers as well.

[ryry0707] 11/10/2017 08:19

It's beautiful

[twigs3] 11/10/2017 08:17

1.6 m trades in the first 15min close above 6p imo

[x54v] 11/10/2017 08:07

Also if a technical breakout is confirmed then there are bound to be breakout and momentum buyers keen to buy.

[maverick247] 11/10/2017 08:04

Not many will sell due beutong and bfs news soon so its crunch time!

[mount teide] 11/10/2017 08:04

Interesting - 600k of volume in the first couple of minutes!

5.5p v 5.8p - 2 v 4

[ianbag] 11/10/2017 08:03

some of those early sells at 5.595 are buys - so quite a flurry of buying early doors

[mr roper] 11/10/2017 08:02

ksk is about 5 times the km2 of beutong. You can go back to the Kalimantan days and have a dig around their docs. It's an eye opener to just what we are sitting on. Suffice to say bkm is about 10% of the potential on the ksk.

[cpap man] 11/10/2017 08:00

Peter Bird, Asiamet's Chief Executive Officer commented:

"As the BKM Copper Project is being advanced through Feasibility Study, a pipeline of additional prospects on the KSK COW such as BKZ Polymetallic, Beruang Kanan West, Beruang Kanan South and Baroi represent high potential walk up drill targets of which some are to be progressively tested over the coming weeks and months. The Company views the recent results from drilling at BKZ, the first pipeline target to be tested in the current program, as a clear illustration of the substantial upside potential remaining on the very underexplored KSK COW. Work undertaken by the Company and its predecessor partners to date suggests that the greater BK area represents a polymetallic mineral district covering approximately 10-15 square kilometres, the potential of which is only beginning to see daylight. The discovery and delineation of the BKM copper deposit in the past three years and these recent exceptional grade polymetallic results from early drilling at BKZ highlight the potential to multiply the value of the KSK COW through systematic exploration. the Company is very excited by this opportunity and looks forward to unlocking this value for its stakeholders."

[mount teide] 11/10/2017 07:58

L2 pre open - 1 v 2 @ 5.4p v 5.6p

[mount teide] 11/10/2017 07:55

Remarkable results - the under-explored KSK COW is proving a right aladdin's cave of riches!

Those looking for a top up - don't forget the routine on exceptional news days - wait until the price is back in the red during the afternoon!

[ianbag] 11/10/2017 07:53

Twigs - massive term refers to the structure not size - the indicative grades are fantastic however

[maverick247] 11/10/2017 07:50

Also a break of 5.60 is a technical milestone above that we could go anywhere