Asiamet Resources Share Discussion Threads

[mr roper] 15/3/2018 19:45

And if Beutong turns out to be similar in size to Grasberg or wafi golpu all bets are off. If Solg is worth 400m then Beutong with its accessibility would be double that.

[mr roper] 15/3/2018 19:42

Ian, 50-100k tonnes pa just from beutong. Then the 25k from bkm plus the zinc, leas and silver from bkz, then we add in Baron, Mansur, volcano, bkw, bkz etc etc

[djsw1] 15/3/2018 19:36

What a great day. Hope the price doesn't get too volatile. Slow and steady up please !

[ianbag] 15/3/2018 19:03

HB - at the investor evening I went to a year or so ago, TM was talking 50k T/pa when Beutong added - makes your eyes water doesn't it!!

[ianbag] 15/3/2018 18:58

To see how resource shares can capture the investor imagination and expectation just look at SOLG - still £400m and a few months ago was nearly double that. As the size of the resource that ARS have becomes larger and more widely known the more investible the company becomes. Once institutional buying occurs (in free market), we could see quite dramatic increases here - I strongly suspect a JV & debt rather than equity placing and debt will finance the build, which should be highly share price enhancing for the correct deal structure - and this Board of Directors will deliver that I am quite sure.

It should be a very exciting Q2 Q3 and Q4

[maverick247] 15/3/2018 18:57

Hornblower spot on !

[bluerunner] 15/3/2018 18:16

To be fair, I can't see ARS hitting 17.5p until next Wednesday.Patience required.

[mount teide] 15/3/2018 18:12

According to recent highly credible industry research, Copper needs to consistently average in the $3.50/lb to $4.50 range over the next few years to trigger the development of sufficient new production to prevent a huge deficit situation developing over the next decade.

Consequently, the timing could not be better for ARS to bring its 25,000t/annum BKM copper project into production in 2020 and, to be evaluating the full commercial potential of its huge Beutong and wider KSK district scale assets - both of which are high grade and near surface and probably capable of being taken into production in a very much shorter timeframe than most other global development prospects of a similar scale.

From an investment risk/reward perspective, we could not be better positioned with respect to the quality of the assets, management, industry fundamentals and stage of the commodity cycle to be going into production over the next two years.


AIMHO/DYOR

[mr roper] 15/3/2018 17:35

Not impossible in 2-3 years if all continues to go to plan

[cyberbub] 15/3/2018 17:35

I think the jump at the end of trading was Horneblower buying another million :-)

[ic0gcds00] 15/3/2018 17:31

I love ambitious people

[pyglet] 15/3/2018 17:27

How realistic that the share price could be one pound?

[red army] 15/3/2018 17:05

Next stop 17.5p

[okidokicoki] 15/3/2018 16:51

Think we are going to need a bigger graph lol

[mount teide] 15/3/2018 16:40

Another cracking day - always encouraging to see a strong rise driven by high volume.

The £700k worth of reported transactions today required circa 5 million shares changing hands - two years ago that would have needed circa 70 million changing hands!
ARS may have come a long way in two years - but the best of the investment story still looks like it lies ahead !

[trulyscrumptious] 15/3/2018 16:36

Thanks for the tip. When people like him start taking over a board and refusing to allow free speech it's time to leave.

[cf456] 15/3/2018 16:34

The price is only just above the highs set back in November.

After moving sideways for a few months this is just getting started again. Plenty of scope for a strong move up from here.

[trulyscrumptious] 15/3/2018 16:31

Trigger Blade. I am already doing just that. I may sell some more PANR with the next news or if there's any upward momentum, before that.

[tektonik] 15/3/2018 16:30

14p Paid. Excellent day, excellent week, excellent company.

[sos100] 15/3/2018 16:30

i think we should hit that target by June.

[ianbag] 15/3/2018 16:28

Well looks very likely that Liberum's first price target will be hit in very short order.

[trigger blade] 15/3/2018 16:28

Very happy with the way this is going. I got here via PANR, both as a result of horneblower's efforts, originally.

As we know, PANR hasn't worked out quite so well and I'm contemplating cutting my losses and shoving it in here. Or, do I give PANR a bit longer? Not looking for advice, but would welcome opinions.