Asiamet Resources Share Discussion Threads

[mattjwhity] 07/12/2017 20:40

12 months back TM used words alluding to 'soon' in an interview and in May, Peter said 'by the end of the month' so it's unfair to pin it all on Steve.Something tomorrow is needed to keep this above 9p me thinks.Story remains the same.Q1 BFS yes.

[jackbal] 07/12/2017 20:15

Hb - to be honest I would actually prefer stock to fall so I can add.

I was playing around with asos at 5,10,20p and spent many a daydream imagining what I could have made at 50 quid!

Maybe I'm romanticising but I truly believe this is the pay off mortgage / early retirement stock.

Also HB, many thanks for your thread and balanced opinion. I initially bought as a punter and decided to stay thanks to you, 2lb, mount teide, mr r, THe manini, Charles, adorling and other valued posters.

Initially I felt a bit patronised by 2lb but now I recognise he was wading through the BS and now I respect him.

[tektonik] 07/12/2017 20:05

Everyone has their reasons for selling. All I know is that no long term holder will be letting go of their stock even if this drops back significantly below where it is now. Unwillingness to wait for licence news as a result of mental capitulation caused by daily self tease and anticipation is poor in my view. Regardless of any recent - albeit mixed -communications from the company. These are ones that will miss out on the big gains, an accurate valuation both MCAP and share price will be reflected appropriately and fairly over time.

[maverick247] 07/12/2017 19:37

Yorkie 10313 v funny!

[horneblower] 07/12/2017 19:08

Well, the chart action that I was kidding myself was a continuation pattern seems rapidly to be turning into a top pattern.

I still might be right...it could still turn strong again. It now needs to close above about 12p to get back on track and its target would still be 22p imo.

However, a close below 9p would be pretty decisive on the down side and the question is, where would it drop to? Probably around the 7p area from where it is likely it would oscillate possibly for a month or two until it started to rise again.

This is a quality play. No doubt about it. It was always going to be a long wait and patience is needed.

If we get more, good news then that could see us on our way again. If not, it's not the end of the world. The prize is big. Patience is needed.

[jackbal] 07/12/2017 18:43

Ayesha, love your honesty and dignity when you where wrong.

Not a criticism, just an observation:

Buy the fear, sell the euphoria or just hold hold hold!!

[uapatel] 07/12/2017 16:44

Don't get me wrong, I would be happy with a bit more share price enthusiasm, especially as my average is a shade under 10p. Anyhow, don't think that will be a problem when the BFS comes out.

Good luck all holders.

[mrpiggy] 07/12/2017 16:39

Naaaaa, don't think so TC!Just like a good grumble(it's a piggy thing!) and with ARS I get plenty of opportunity! ;@)

[treadcareful] 07/12/2017 16:30

Yeah very depressing, let's ALL sell !! You first Monsieur Piggy ;-)

[mrpiggy] 07/12/2017 16:21

Jeeez, depressing whatever spin you put on it!

[uapatel] 07/12/2017 16:11

Anyone think the CFO appointment may have some restraint on information flow? Only that his cv mentions, investor relations, marketing, business development and business improvement.

I'm just speculating that maybe he's getting his feet under the table and putting a somewhat sober effect on the enthusiasm.

[treadcareful] 07/12/2017 15:39

Zzzzzzzzzzzzzzz, Patience!!!

[yorkie14] 07/12/2017 14:54

Ayesha, like your style. Have a good whinge and get the share price moving just like yesterday at HZM. CLASS!

[ayesha4] 07/12/2017 14:47

I was a buyer at 12. At this rate, the licence doesnt get us past that.

[sos100] 07/12/2017 14:24

it's only 'centre stage' to those who have no patience..

[ayesha4] 07/12/2017 14:11

The licence once again taking centre stage. Really needs to come now.

[mount teide] 07/12/2017 13:52

Steve should should stick to what he does best - reporting exceptional drilling results.

Letting his enthusiasm get the better of him has resulted in the short term 'licence' money departing - no bad thing for a number of reasons.

[jackbal] 07/12/2017 13:40

Yep one eye on Mcap and one eye on NPV and the variables which will greatly impact the NPV primarily copper price.

Beutong would be a Christmas bonus as long as it doesn't happen before I get chance to add!

Bfs expected Q1 I believe?

[dwitcombe] 07/12/2017 13:39

I think steve keeps us all well informed. as to the licence, he expressed things as he saw them, which is fine by me. obviously things can sometimes drag because of unknown issues, and i feel the indonesian government may be acting not quite as fast as anticipated. this is beyond steve's control, but in the scheme of things he has more than kept us up to date. long term holder.

[the manini] 07/12/2017 13:32

Just focus on the current market cap versus NPV and future NPV post BFS ;)

[jackbal] 07/12/2017 13:27

Agreed Dorset. The irony is though that the threat of Beutong landing keeps me invested rather than trying to trade this.

Perhaps it's a blessing in disguise as simply holding ARS (albeit a large part of my overall pfolio) this year has made me greater profit than my trading account has!

Mount I will be doing making similar accumulative purchases from tomorrow/latest Monday.

thanks for the info TM. To be honest even if Beutong landed tomorrow I'm not confident we would see 100% in a day.

[dorset64] 07/12/2017 13:17

I think that our copper man Steve needs to seriously take a look in the mirror especially with respect to over promising into the future.

By all means carry on talking about what he knows and is in the power of, ie. the drills etc but to keep his mouth shut regarding things he can't control such as the licence etc.

It was really noticeable and quite obviously the interviewing chap from proactive investors when he didn't ask Steve about the licence in the latest video clip when at the drilling conference.

He was obviously told NOT to ask any questions about the licence as either there was no news to give, or they knew then that they would not be announcing the licence grant in November as Steve had promised. problem now is will anyone believe anything he has to say, as he now has a history of over promising.

He must now learn to not promise the market anything or over promise in the future, hopefully he has had his ARS-e kicked by the BoD's.

[mount teide] 07/12/2017 13:16

Been adding today - found any volume above 50,000 attracts a 0.25p+ premium to the best offer price.