Asiamet Resources Share Discussion Threads

[mr roper] 31/1/2018 08:39

"It’s been a bit like an unveiling of the beautiful lady below."

lucky Mansur never said that in the UK...The PC brigade would've locked him up!

[jackbal] 31/1/2018 08:33

Yesterday a new species of enormous historic beast was discovered:

Scientists named it Mansourasauras!

Surely an omen for the superstitious in terms of the beast we are in the process of discovering.

[kjawoogie] 31/1/2018 08:26

Fantastic RNS today. Mansur spoke about this deeper system years ago "The work they (Freeport) have done for us looks deep below the surface of the earth and shows the potential mineralizing intrusions we have known must be there all these years. It's been a bit like an unveiling of the beautiful lady below.We knew that what we had been finding must have something driving it, a driving mineral body that we were finding big surface expressions of. And that's entirely normal." "Freeport took the old Geo­physical data that we had, and which we had been able to get thanks to funds raised when we went public in Canada in 2006. Nowadays you can look at all that material using a whole new range of technological means, and you can create 3D images of whatever is way below the surface. What Freeport discovered was very exciting in terms of having the size potential they're interested in (they won't consider anything if it's not gigantic)."

[jackbal] 31/1/2018 08:26

Mark, a placing is no bad thing with this stock.

Check the dates of last two placings, then look at how the share price reacted immediately afterwards.

[markth126] 31/1/2018 08:16

Does the fact they are talking to stakeholders not make you fear a massive placing? It scares me but continue to hold!

[mr roper] 31/1/2018 08:03

The thought that bkm and bkz could potentially be sat on top of, and connected by, a large porphyry deposit is mind-boggling.

[adorling] 31/1/2018 08:02

“Meanwhile, activity at a corporate level has been extremely busy as we progress finalising amendments to the KSK Contract of Work with the Government of Indonesia and continue to engage potential new stakeholders and partners for the development stage of the BKM copper project.”

This is why I have a substantial holding in ARS. The Management just keep delivering and those new stakeholders referred to above will no doubt bring a new institution aboard soon.

Does everyone believe BKZ is joined to BKZ? - beginning to look like it even more now!

[mr roper] 31/1/2018 07:57

Meanwhile, in the background, stakeholder and partnering discussions continue at pace.

[highly geared] 31/1/2018 07:53

A bid Q4 won’t be a bad thing in that it will confirm value to the market if the share price doesn’t reflect fair value at that time. It would be nice to see a statement to the effect that ‘ the Board have received an offer that values the issued share capital in the region of 50p a share. However, the Board believes this materially undervalues the company in its present state and into 2019-20 as our assets are developed and has rejected the offer’...

It’s clear to me that given time, the enormity of the KSK/ Buetong portfolio will become apparent and that by Q3, we will have confirmed NPV of $1.5 billion with more to come from BKZ, BKW , BKS and Baroi...

A porphyry intrusion between BKM and BKZ could have huge positive implications for a deposit of multiple scale to what they’ve already identified. Slowly, slowly.....

[dorset64] 31/1/2018 07:52

The story & notably fundamentals just keeps getting better & better.

Now that a date has been set for May, anyone wanting a really 'cheeky' low ball bid will have to get going as with the confirmation of the maiden resource completed for BKZ, the share price and thus purchase price will have increased markedly.

BI feel if anyone is on the sidelines looking in you need to take your positions now and sit back and enjoy the upcoming ride.

[mount teide] 31/1/2018 07:48

Trump's State of Union Address to Congress last night - "It is time to rebuild our crumbling infrastructure"

With the Nation being put on notice that the floodgates are being opened on infrastructure capital expenditure together with the recently announced largest programme of tax cuts since the Reagan era - the Industrial metals, property and building sectors will be rubbing their hands at this news.

[mr roper] 31/1/2018 07:28

SOS, I find it hard to disagree with your view.

[mr roper] 31/1/2018 07:22

Landers, yup. Just re-reading it with a mug of tea and it seems we need to go down to 600m below bkz to investigate just how “significant”. Steve may resemble a large Cheshire Cat today,

[sos100] 31/1/2018 07:20

they may not want it but i can see the company attracting a bid this year..

[lauders] 31/1/2018 07:15

The presence of magnetite alteration in a silicified and hematite altered breccia directly below the copper-zone is a significant observation, as magnetite alteration is commonly associated with skarn and porphyry associated mineralisation. A review of the 3D inversion model for BK District shows a large magnetic anomaly below BKM and BKZ (Figure 4) and the Company has designed an approximate 600m deep hole to test this feature.

Significant is always a nice word to see ;-)

[curnic1] 31/1/2018 07:12

Very positive RNS

[mr roper] 31/1/2018 07:12

Excellent update. Bkz jorc in May and all systems go at Beutong! Steve’s going to be grinning today.

[mount teide] 31/1/2018 07:12

Another hugely impressive update

BKZ - Maiden Resource estimate by May for both the BKZ Polymetallic and BKZ Copper Zones.

'All holes that pierced the BKZ lower copper-silver zone terminated in intensely silicified rock that is oxidised and hematite-rich. Within this zone is the first confirmation of magnetite alteration and the BK 3D magnetic inversion model shows a large magnetic feature, potentially representing a porphyry intrusion, located below the southern area of BKZ and northern area of BKM.' Potential BKZ/BKM spanning Porphyry Intrusion at least 800m wide!

[paulodiablo] 31/1/2018 07:09

More good news. Keep it coming. Looking forward to Steve's interview even more now.

[mr roper] 31/1/2018 06:36

Steve on proactive just after midday

[highly geared] 30/1/2018 22:51

The candle stick chart shows the extended "pennant" completing around the end of the 1st week of March (longer term upper and lower resistance channel lines intersect). Chart wise ,the price will break decisively by this time unless it goes sideways with a base at 8.5p. 1st week March the time to watch; I'm mindful of news might push it up from there.

[ianbag] 30/1/2018 22:41

Yes both filtered obvious knockers as they only comment on block sellers - ignoring block buyers Of which there were many.

[delboy ars mad] 30/1/2018 22:38

Mr roper listen to others rather listening to yourself we all have a opinion and you can shove you filter up you ARS

[delboy ars mad] 30/1/2018 22:35

I understand that but who has 40 million ?

[highly geared] 30/1/2018 22:33

MT, top post as ever; the psychology of the retail/ private investor is typically one of euphoric optimism or absolute depression. It’s a symptom of the instant gratification world in which we live and it plays out in the stock market where many just cannot cope with days/ weeks without news. So, they need something to focus on and it manifests in over analysing daily action and proffering stories that seek confirmation from others.

I keep coming back to assets, timing, production contracts, management.

Best to follow the candle stick chart, it tells you the past and what’s likely to happen in the next 2 months....but.... the biggest gains should be made by doing nothing for the next 2 years...