Asiamet Resources Share Discussion Threads

[barneycosmo] 08/1/2018 07:37

I stand corrected.. news in the second week of Jan. Fantastic!!

[adorling] 08/1/2018 07:32

Not going to waste any time then!.....

“A drill rig will soon be mobilised to advance development of the project. Several drill holes have been designed to provide critical information on the structure and distribution of high-grade near-surface mineralisation, test the strike and depth potential of the Beutong system, and fulfil our commitments in respect of the IUP-OP permit including”.

[maverick247] 08/1/2018 07:32

I mean adding to what i already have ! Mcap should be nearer 150m i think now 20p +

[maverick247] 08/1/2018 07:31

Ill be adding again on that derisking step

[adorling] 08/1/2018 07:29

Feel sorry for all those mugged by the MM’s on Friday but not sorry for the traders who will miss out on a very strong opening price today. If I was a trader I would jump right in at the opening as this is only going one way from here on in.

[ayesha4] 08/1/2018 07:23

Brakes off today. Well happy.

[ianbag] 08/1/2018 07:21

Is it April 1st?! 😀 at last the elephant has left the room.

[adorling] 08/1/2018 07:18

BEUTONG LICENCE IS GRANTED FOR 20 Years!!! 🚀🚀🚀🚀8640;🚀Ԇ40;🚀🚀;🚀

[sos100] 08/1/2018 07:16

Mr Piggy- especially when you consider TM helped set up the the Martabe Mine,the largest Gold mine in Indonesia..

The Timing really wasn't that far out from TM guidence given back in Oct..

[cyberbub] 08/1/2018 07:14

Great news - a reminder of the colossal size of Beutong - and they only need to shell out probably $6M including drilling, to reach an 80% interest!Slight niggle at the end of the RNS, about KSK, hopefully these still-outstanding issues will be resolved quickly?

[mrpiggy] 08/1/2018 07:14

Morning all,As I said in countless posts....Beutong license was never in doubt, it was just a matter of when!Let the party begin! ;@)

[bobby1904] 08/1/2018 07:08

The dam is open!! Let the river flow!!!

[sos100] 08/1/2018 07:06

brillant news..

[gersemi] 08/1/2018 07:05

Brakes off here today

[okidokicoki] 08/1/2018 03:09

Ayesha4 if this share drops a penny in price i lose about 14k and im really not worried . Your 12p average will make you a lot of money even if beoutong does not land. look at what we have now and the numbers are amazing .A few Warren Buffet quotes “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.”"If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio's market value."

[ayesha4] 07/1/2018 23:21

Charles, it was the reason I originally sold - to my loss - and why I am slightly annoyed now. I am in at a higher price than today and dont plan on selling again. It worries me when he said that its coming end of November and it hasnt by January. He was better of staying quiet. They have promising the licence a long time and whilst not overly important at this stage - it is an issue of credibility. I am hoping we get some positive news this week.

[charles clore] 07/1/2018 20:45

montim - to be fair I would also say it is justifiable for shareholders to be slightly nervous when a representative of the company says 'assay news next week' and 'licence by end of the month' followed by 6 weeks of silence.

[monttim] 07/1/2018 20:16

Hi Mr Piggy, Agree with you 100%. Our team is one of the best in the world. A large claim, however if anyone wants any verification do some research particularly on Tony Manini. Tony was part of the Oxiana team that got their mine up and going in Laos with their share price going from 4 cents to $4.35. He knows international mining business as well as anyone. Add PETER Bird to the mix , anyone can do some research here, his background is very impressive. Steve Hughes, a top mining man, plus many more on their team. The ace in the hole however is the POC. This is very good timing. A bit of share price wriggle at the moment but that’s all it is, a few short term profit takers.

[mrpiggy] 07/1/2018 10:50

I do understand your caution waterloo01, I have had similar bad mining investments with a SA/Zimbabwe connection, namely AQP and the dog that is POG (former Russian state), I got my bacon fried on both!Do take a look at the track record of our management team though, they have a proven track record and inspire confidence!

[charles clore] 07/1/2018 10:48

I am hoping we will get some sort of update next week. There must be quite a bit of news in the pipeline imho.

It would be very sad to see the bull flag break to the downside because that would also breach the 50 day ema and likely lead to further selling to the 7p support level. So news is critical imho. If news doesn't happen it will present a wonderful buying opportunity (also imho). On the other hand, if it bounces off the 50 ema...

free stock charts from uk.advfn.com

[mr roper] 07/1/2018 09:12

Waterloo, FYI we already have a production permit for the flagship bkm mine.

[waterloo01] 07/1/2018 08:32

Thanks for some of the pointers, and had clocked the BOD taking options, which is a strong signal and holders certainly seem pretty strong in belief. I took a small position a month or two back and might increase my exposure, but I still see risks, so will take a measured approach. If I have to pay more for a larger stake later, so be it, I'm prepared to pay for lower risk. I've made excellent money on some miners but have also lost heavily some years back investing in pre production mines that had issues with funding/permits and ultimately (SA) location.

Cheers.

[monttim] 07/1/2018 06:21

What a great selection of educated posts. Thanks to all. What a refreshing change when compared to a couple of the other sites.
Thanks from an Aussie with a long term view and holdings to suit and very confident.

[mount teide] 06/1/2018 23:09

HG - if during 2018 the management successfully deliver the 4 highly valuable potential developments mentioned in that last post then, for an offer to be seriously considered it may well need to be closer to a £1 than 50p.

CAML recently paid $402m (ARS share price of 38p) for a mature Zinc/Copper mine in Eastern Europe with production equivalent to 20,000 tonnes per annum of Copper in revenue terms - and CAML management thought they got a bargain with serious upside potential considering where metal pricing/global stock levels are in relation to the commodity cycle - and this was after rejecting/dismissing over 150 other possible acquisitions they enquired about as being too expensive!

AIMHO/DYOR