Asiamet Resources Share Discussion Threads

[ronconomics] 30/11/2017 09:27

Lol at pig nuts. Or are they Pigot nuts?
Raising my glass of Pigot noir to you.

hxxps://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcTopRFrarMxFOu1DzIYr-xdOzaLhSWh5jyU421uq6FR8jyOQVuFBw

[mrpiggy] 30/11/2017 09:17

Phew, that's good news 2LB! If you hold as many as I've read then you bailing would put us back in the 4p range!!I'm going to have a mini celebration with a trough of pig nuts!

[ronconomics] 30/11/2017 09:13

Difficult if continually asked. Key point is it's out of your hands and hopes and expectations are to be taken at face value. This is not an investment in a binary event with no track record or local expertise unlike some. Delivery capability of Oz inc ..heap leaching...indonesia..etc and steady stream of positive high quality results.

[charles clore] 30/11/2017 09:12

I also topped up today. Shame about the licence expectation for November. Agree Steve should be more careful.

[mr roper] 30/11/2017 09:12

yes, 2lb. It was like watching Russia Today. Second last day of Nov. Where's the license? Nope, not gonna mention it.

[2lb] 30/11/2017 09:12

Have corrected it

[2lb] 30/11/2017 09:11

Ah sorry Mrpiggy - that should have read "our" - not "out" !

[mrpiggy] 30/11/2017 09:10

Going to get out ARS well and truly kicked today as all the traders bail out.Lesson learned for the company I feel.Can you clarify your earlier post 2LB, are you bailing out or not???

[horneblower] 30/11/2017 09:09

Amaretto,
I don't hold HMZ but I think it is a good nickel play.
The reason I comment on it is that quite a few ARS holders also hold HZM.
I will probably buy some HZM at some point but for me, nickel will not have the same boost from V's that copper will so major on copper.
Probably I should shut up about HZM.

[davr0s] 30/11/2017 09:09

Come on all you topper ups. If you think this is a no brainier stick everything you have into this - but dyor of course

[amaretto] 30/11/2017 09:06

Good post 2LB, agree 100%

Pretty solid around 8.75/9.00, think this is bottom. Sellers will feel pretty foolish in as little as a week to two's time when I expect ARS to be hitting new highs.

[2lb] 30/11/2017 09:04

Yes indeed Mr R, its never been a strong suit as we know but at least if you are going to have a weakness better for it to be there and not on the operational and asset side where things just keep getting better. Have to see it as an opportunity for those have have done a pile of research and built up a stake to add even more as short terms holders and traders fly in and out.

Its painful to watch but its only a small moment in a longer journey.

They clearly genuinely believed it would drop in November but it was a bit naive to keep repeat that message with nothing to really substantiate it other than a nod and a wink from a "partner" in the Indo gov.

Who knows, it may drop later today or tomorrow, or next week or whenever - primary thing now is to crack on with all the KSK development and then the Beutong license will provide that long awaited huge tick in the local credibility box

Note that it was NOT mentioned in the latest proactive interview - I think even Andrew Scott was too embarrassed to ask.....

[mr roper] 30/11/2017 08:58

2lb,it's like deja vu all over again. If they want to be taken seriously through the growing up stage they need to get a grip on pr and comms soon. Steve saying one date and TM another is not a clever look.

[113mike] 30/11/2017 08:56

I topped up also but Why the big drop?

[ronconomics] 30/11/2017 08:56

Topped up 9.27. Wasn't expected such a great opportunity.

[amaretto] 30/11/2017 08:52

Horneblower, just out of interest are you an HZM holder? Do you rate them as a good Nickel play?

[glenalmond] 30/11/2017 08:51

Treadcareful, the show ends today.

[sos100] 30/11/2017 08:41

here ya go mate it's only about 15mins but worth a listen.

[treadcareful] 30/11/2017 08:39

Sos100 what's the gist

[horneblower] 30/11/2017 08:39

jailbird,
...except it's not, is it?
As I understand it, ARS intends to produce, using a process called SX/EW (solvent extraction - electrowinning), copper cathode, being a highly pure copper with few impurities.
I may be wrong but HZM intends to produce pellets of ferro-nickel containing about 30% nickel. This is good feedstock for steel making and can be used without further treatment. It does however affect the logistics of transport back to the port.

[barneycosmo] 30/11/2017 08:39

Just topped up 91k at 9.25p.... :-)

[sos100] 30/11/2017 08:37

have some of you not listened to TM last vox market podcast?

i think we may have been better off if Steven had said nothing about Beutong,seems to have attracted too many short term traders.

[paleje] 30/11/2017 08:35

markth126,

I just listened to the interview didn't hear two weeks either. Anyone know a source for that?