Asiamet Resources Share Discussion Threads

[ayesha4] 08/1/2018 12:26

Should see 17p as the next stop.

[charles clore] 08/1/2018 12:10

Here's the link but you have to (right click the link and open in new window) then change the 0 to a o

[sos100] 08/1/2018 11:57

[...]

"The current JORC-compliant resource amounts to 2.4mln tonnes of copper, 2.1mln ounces of gold and 20.6mln ounces of silver.

What’s more, the geology indicates potential for the discovery of a deep high-grade copper-gold zone similar to that seen in some of the giant Asia-Pacific porphyry systems"

above is from proactive but for some reason can't post the link..


ps-charles just seen your post -thanks

[philby1] 08/1/2018 11:42

Hopefully interviews/write ups to follow on Vox Markets/Proactive Investors.

[horneblower] 08/1/2018 11:40

The Beutong project is on the island of Sumatra.
The KSK project (BKM, BKZ etc) is on the island of Kalimantan.
They are a long way away from each other (both Indonesia) and need entirely separate infrastructure.
See the website which gives all this in great detail.

[mr roper] 08/1/2018 11:36

How can you read Beutong as bkz? New glassrs required. We already have a license for bkz as part of the lsk license. This is the license for Beutong.

[amrishbhim] 08/1/2018 11:10

It's the BKZ licence

[buildit1] 08/1/2018 11:10

Sorry. MT even

[buildit1] 08/1/2018 11:10

Love that MY

[sithuk] 08/1/2018 11:01

I don't read the RNS to mean that it is the BKZ licence. Is that right? Are we still waiting on the rights to develop BKZ?

[charles clore] 08/1/2018 10:52

I suspect the possession of the Beutong licence will be a trigger point for large buyers - as it was for me.

[highly geared] 08/1/2018 10:48

Market catching on.... will be interesting when US market opens at 2pm.
I’d prefer several up days and consolidation around 15p with a steady up chart as more drilling is announced and the Bkm Bfs comes in sight north of 20p.Spiking share price will just encourage day traders..

[mrpiggy] 08/1/2018 10:43

Early morning sellers will be getting a squeaky bum right now and will have the dilemma of jumping back on board before they get left WAY behind or hoping (in vain) that it will re-trace to lover than they sold for!

[mount teide] 08/1/2018 10:30

The main market offers mining companies and their shareholders no guarantees whatever their market capitalisation, as a valuation comparison between FTSE giant Glencore and AIM listed CAML during the long commodity recession of 2010 - 2016 vividly highlights:

CAML raised $60m at IPO in September 2010; after paying the 2017 dividend CAML has since returned an astonishing $100m to shareholders in dividends and share buy-backs.

CAML shareholders received an incredible 60% of the IPO price in dividends and enjoyed some 200%+ capital growth DURING the severe, half decade long mining sector recession, which saw sector heavyweight and FTSE giant Glencore Plc lose 85%+ of its market value, suspend its dividend and then dilute shareholders with a huge cash raise to strengthen its balance sheet.

During one of the severest mining sector recessions in decades, AIM listed CAML acted more like the safe haven dividend paying FTSE 100 giant than many if not all the so called FTSE mining sector heavyweights.

[lgw] 08/1/2018 10:24

https://mobile.twitter.com/PurleyPlumbers/status/917789626303242241/video/1'Probably 750 m tonnes'

[mount teide] 08/1/2018 10:13

'Very strong news flow can be anticipated as we advance into 2018'

In the expectation a humbling and salutary lesson was learned in late 2017 by some of the executive management with regard to the danger of allowing their enthusiasm to run away with them - I take the above statement issued today as a very strong positive.

[mrpiggy] 08/1/2018 10:07

Maybe I should clarify cyberbub .....of course we need to join the main market but it won't necessarily give us the stability that you think and we may go through a long period of stagnation with a lower share price than before joining, SOLG and SXX both being examples, however... That may be due to the timescales involved to getting both into production and the funding required!Both will make investors wealthy(IMHO) but both long term investments. However,the market reaction to ARS joining could be very different with us being SO close (2019/20) to producing at BKM and especially if copper continues its predicted rise and investors/ institutions jump on board for copper exposure.Any whiff of JV partners any time soon will send ARS into orbit.

[ronconomics] 08/1/2018 09:50

Thanks HG. More than covered my spread in an hour and well set.

I was encouraged by the transparency on the negotiation in the rns and the xo addressing issues and suggestion of progress .

[charles clore] 08/1/2018 09:45

Amazingly there is so much more rocket fuel in the pipeline to propel this forward. The backlog of news is going to bust out soon. I would be surprised to see the price go back below 10p after today.

[ripplevale] 08/1/2018 09:44

Great result for all LTH’s. Well done everyone

[highly geared] 08/1/2018 09:40

The biggest threat, albeit a positive, will be the materially increased likelihood of a bid in Q2 2018 once BKM BFS is out and evaluation drilling at Beutong takes us toward a PEA. However, any bids will needs to start north of 50p to attract sufficient shareholder interest..

[ronconomics] 08/1/2018 09:38

Agree Pyglet..needed some cash for tlou next news and ffwd ahead of tuesday pm session. Took earlier poster's advice and topped up ars on open around 10p.

[charles clore] 08/1/2018 09:36

Its idiotic selling if you dont have somewhere better to put your profits

[jackbal] 08/1/2018 09:29

Great news today.

Nice way to start the week!