Asiamet Resources Share Discussion Threads

[haydock] 15/3/2018 11:08

Sold some shares on the TSX recently that HL & Alliance Trust would not deal.
Used Interactive Investor.
Was at the nightmare stage of the new platform & the link up with TDW, so not a happy service. However managed a couple of results, eventually.

Should be simpler now, hopefully.

[okidokicoki] 15/3/2018 11:07

Yes Mr Roper just a little dabble

[mr roper] 15/3/2018 11:04

Are you looking at Carube, oki?

[horneblower] 15/3/2018 11:04

bootie,
That is what I'm thinking. However, to do that in the next few weeks it would have to get to around 28p. That's not impossible but I am not so optimistic for it to get that high that soon... but you never know!

[okidokicoki] 15/3/2018 10:57

Anybody on here know a broker where you can buy TSX-V shares on tried HL but they dont do it

[tektonik] 15/3/2018 10:48

Encouraging share price response to relatively light action so far this morning. HB - you're going to need a fair bit of luck on holding out for the end of the tax year at this rate!

[arf dysg] 15/3/2018 10:44

Shorter trolls gonna burn in Hell!

[maverick247] 15/3/2018 10:26

My 2017 prediction for 2018 share price of around 15-20p looking likelyA but delayed but so was beutong :)

[bootie64] 15/3/2018 10:25

Can see this holding above 13p easily today.

HB
If this pushes through the topline of your chart channel would this potentially form a new channel from the high of Q1 2016?

[okidokicoki] 15/3/2018 10:22

Should be a nice rise today as all the sellers jumped off the train yesterday .

[zho] 15/3/2018 10:21

>>Great article on LSE just posted showing the importance and demise of copper production. Can't copy it at the moment from my phone>>

This one?

[mr roper] 15/3/2018 10:21

Solid buying now

[mr roper] 15/3/2018 10:15

That she blows!

[knobbly] 15/3/2018 09:59

Not sure you'll have that luxury HB.
Word is that Peter Bird will be podcasting today...

[horneblower] 15/3/2018 09:36

Hopefully, it won't start shooting up until the new ISA year in three weeks time.
It would be nice to be able to B&B at current levels rather than at 20p!

[pyglet] 15/3/2018 09:35

Great article on LSE just posted showing the importance and demise of copper production. Can't copy it at the moment from my phone

[2lb] 15/3/2018 09:30

I think stock already is tight and placing has gone into very sticky hands who know what they are buying here and are looking long term

It still feels like a coiled spring even after the rise from 2p to 12p

[mr roper] 15/3/2018 09:22

Moving on pretty low vol today. Could make a significant leap if stock gets tight.

[highly geared] 14/3/2018 23:26

The asset values in relation to share price is very difficult to establish as they will constantly change depending on many factors.

My view is the eventual notional value of the copper and poly metallic assets across Beutong and KSK will eventually come in around $50 billion based on ‘ in the ground value , extrapolated to sales prices in the market’. But, large Capex to develop then extract these. What net profit and share price over a 20 year period is anyone’s guess and depends on macro factors and market sentiment.

I do believe however that within 3 years we’ll have a degree of maturity around the assets in terms of known value based on JORC and Pea/ feasibility metrics and that will set the scene for the end game, if we don’t JV or get taken out earlier.

[the manini] 14/3/2018 22:12

Cyber yes it would be enough until much later

[cyberbub] 14/3/2018 18:12

So $1.5bn assets, and if we have avoided equity dilution by selling off 40% of KSK to a local partner (and presumably eventually sell off 40% of all the other assets), that would mean we were still at approx 1bn shares, so perhaps we would be around £1 share price?Selling off a big stake will help to keep the Indo government happy, but will 40% be enough, given the way they are pushing Grasberg to sell 51% ?

[ianbag] 14/3/2018 17:18

They are looking at different timescales the big money is 2020/21 onwards
20p should be in pretty short order.

TM has said himself that the group has the assets to have a $1.5bn valuation when in production.

[cyberbub] 14/3/2018 16:56

24p after a big stake sale doesn't sound very ambitious compared to the ideas of 40,50,60p being floated on these boards?

[mr roper] 14/3/2018 15:30

“If Asiamet could sell a 40% stake at our post-finance KSK valuation of US$172mln, it would be 19% accretive and increase our target price to 24p,” Liberum said.