Asiamet Resources Share Discussion Threads

[hjsmc1] 05/1/2018 21:56

Hold the news. CFO joins. Issue options. Restart the news.

[charles clore] 05/1/2018 20:13

Ron - you trade it and we will HODL!

Today's price broke down out of the bull flag formation. If it doesn't jump back on Monday we could well be looking at adorling's 50% retrace. Hope not.
free stock charts from uk.advfn.com

[tektonik] 05/1/2018 20:12

Changing the topic away from the broken record of Beutong below....James Deo (new CFO) starts in his role this month. There will be some good traction in a number of areas beyond licences and drilling. Very promising year ahead.

[ronconomics] 05/1/2018 19:30

50pc retraces present multiple opportunities for significant profits. Buy and hold is not reliable in mining even on an upward cycle.

[adorling] 05/1/2018 18:18

Plas - ARS is not a short term investment as some think. If you don’t have at least a 12 month horizon from here or better still a 3 year one then probably best to sell and move on otherwise you will be frustrated with these MM games. I invested because The Management Team will build a $billion copper miner. We need to let that happen.

In the book “100-baggers” the author says from his analysis that the vast majority of 100-baggers experience a 50% retrace several times on the that journey. Believe and patience will be rewarded. After all we only gained 400% in 2017! 2018 will be very transformational. GL.

[charles clore] 05/1/2018 18:07

First week back after Christmas and not much expected. Next week I will be expecting something... Anything would be nice!

[plasybryn] 05/1/2018 18:02

Am I right is thinking they have made an absolute dogs breakfast over the licence?
Promises after promises. But nothing ever materialises.
Surely they know it is better to under promise & over deliver.
As a result the share price is again suffering.
Patience is wearing thin or have I got this all wrong?

[ronconomics] 05/1/2018 17:59

Lightened up a little to bank some profit. Still holding an outsize position but leverage is a cruel mistress and she must be obeyed.

[adorling] 05/1/2018 16:35

8.75p is support from last time and we saw good reversal last time. The sellers today will feel they have been mugged when news arrives next week. Only way to play ARS is to buy and hold and let the Management build a $billion miner.

[jackbal] 05/1/2018 15:59

mms in control with the low volume.

Looks like we will test 8p again to me

[jackbal] 05/1/2018 15:59

mms in control with the low volume.

Looks like we will test 8p again to me

[delboy ars mad] 05/1/2018 11:09

Top up time boys and girls

[mrpiggy] 05/1/2018 10:39

Buys now on par with sell and we are 8% down, nice one MM's!Stop panicking over if we will get Beutong exploitation permit, it's a sure thing as I've explained in a previous post!The delay maybe caused by the fact that there are other parties involved, we only have rights to 40% of the permit (currently).

[huckle9] 05/1/2018 10:28

Teide sorry.

[huckle9] 05/1/2018 10:27

Could well be Mountain Greed

[highly geared] 05/1/2018 10:18

If you’re a LTH you’ll simply focus on the current NPV of BKM in isolation and know that in 2 years the share price with be 300% higher than now based on this alone with a degree of certainty based all the facts. As the market forward looks , the share price will appreciate toward this once BFS/ Finance is in place.
KSK and Beutong are value adds that will “ out” during 2018. Sit tight for the big gains over the next 3 years and play the long game.

[mount teide] 05/1/2018 10:13

L2 - the machine gun selling attack earlier doors looked orchestrated.

Another MM wash and rinse cycle of sharply dropping the share price to accumulate stock prior to the release of news early next week that with a straight face they will claim they were totally ignorant of? Surely not!

Underestimate MM/Broker greed at your peril.

[charles clore] 05/1/2018 10:09

They clearly expected the licence to land by early November. Somebody (can't remember who) even said it was on the grand poobar's desk waiting to be signed off and that someone was going into the ministry to collect it. So what could possibly have happened to change that? Almost 6 weeks later and nothing! Meanwhile it looks like the chart has changed from a bull flag to a bull flag with a breakout to the downside.

[huckle9] 05/1/2018 10:07

I know they are.. but what would it say generally about investing in indonesia if there is an issue with beutong? Im invested here and keeping the faith.. just wary of that and what happened with CHL

[jackbal] 05/1/2018 10:02

Personally I will gladly add again if I can buy at 8 again.

I do find it slightly annoying as a shareholder that Ars felt it was appropriate to allow the podcast stating that a certain material event was expected mid November but haven't since felt it appropriate to inform shareholders of the difficulties or reason for delay.

They seem to think they can build expectation but two months after the event offer up no explanation or update and just call silent, they did the same thing in 2016. One sided PR and I would expect this bod to be above that sort of thing.

If there are issues with this one production license then they should offer an explanation which will in turn allow people that are only invested for that reason to weigh up/sell and allow other investors such as myself for whom the production license is immaterial to add at a hopefully lower level.

[aim0raider] 05/1/2018 10:02

Took a small trade at 9p.

[sos100] 05/1/2018 09:47

huckle-they are seperate licences!

[huckle9] 05/1/2018 09:47

And beutong? Does this alter whether we can operate in indonesia at all?

[philby1] 05/1/2018 09:34

Inevitable drop following the lack of newsflow. Still doesn't alter what is in the ground though so not concerned as the good news will come.