Asiamet Resources Share Discussion Threads

[horneblower] 23/3/2018 19:08

Chill, please everyone.

All views are welcome here.

We are a broad church and a little tolerance will go a long way.

Thank you.

Thread keeper.

[siovey] 23/3/2018 19:03

Lol. Gymratt is one of the more positive posters. Now, back to lurking..

[gymratt] 23/3/2018 19:00

Thank you , Trigger.

..and what boards are those Little Madam? I've not disrupted anywhere. I'm very much against trolls .

[trigger blade] 23/3/2018 18:56

LM,

Gymratt hasn't de-ramped or disrupted on here, think you've misread.

[bluerunner] 23/3/2018 18:49

Probably best to use the filter button if required.

Edit - though I think the post referred to is very tongue-in-cheek.

[littlemadam] 23/3/2018 18:44

Oh dear. The stupid irritating people have suddenly arrived. I've see gymratt on other boards and he's a bloody nuisance. He may not want to invest here but loves disruption. Any ideas Adorling, MT, HG?
It's just that sensible discussion is suspended !!

[gymratt] 23/3/2018 18:17

Some folks talking their own book on here and some folks dopey enough to get sucked in! DYOR!!

[monttim] 23/3/2018 18:05

All this chat about rainfall appears quite bizarre and terribly over rated. A couple of posts on a B.B. like this and it’s eneogh to spook a couple of holders to actually sell down. Very rushed but each to their own. Our guys know our areas very very well and goes without saying every possible weather contingency will have been factored in to every timeline. As if guys like TM and his mob who have worked in this part of the world for over thirty years would obviously never leave out a weather contingency in their mine building modeling. I am with them, if they reckon a time budget will work, they know what they are talking about.

[mount teide] 23/3/2018 15:14

According to the London Office - TM forwarded the information/content for the latest presentation to the UK for a new London based company to put together.

The ARS London office is going to speak to TM to check if the H2/2019 first production in the latest BKM presentation is correct - since a longer infrastructure construction timetable post achievement of BFS was used in previous presentations.

For the record - I continue to hold all my heavily averaged up shareholding - until the management stop reporting outstanding drilling results or averaging up via placings and taking their wages in incentivised share options - as a LTBH investor I am yet to see a reason to review the situation.

[jailbird] 23/3/2018 15:13

Dorset I hear what you are saying.I know one Co already delaying targets due to rainfall .There is risk there otherwise the Co withdraw not have mentioned it.MT's research you know is extensive and even then it all go wrong in expectations .We are some fine away from production , so I am not worried .Let's see the BFS first the construction start date .I know how resource projects work , yet to see one delivered on time

[mr roper] 23/3/2018 14:33

Christ, TM and the team have been working in Indo for the best part of 20 odd years. Rain will not be a surprise to them. It will be factored into their plans.

Worth considering that we're not looking at a deep underground mine at bkm. It's near surface, open pit.

[gymratt] 23/3/2018 14:31

I've added again. Only another 20k but every little helps! Some subtle deramps over the last couple of days. But why would anyone base their investment decisions on the personal opinion of a faceless Avatar on a free BB?!! DYOR!!!

[ianbag] 23/3/2018 14:19

In the guidance given by Asiamet to Liberum and Optiva in the broker reports, including any bear case scenarios - if the rainfall is a factor it is already factored into the timetable provided in those reports. I trust that data far more than a BB !!

[highly geared] 23/3/2018 14:03

Dorset; good post. A bit of subtle psychology at play today wouldn’t you say....? Wonder why that is...?

[dorset64] 23/3/2018 13:52

jailbird, although MT is correct in his observations of up to 300 inches of rain in Indo, but that relates to only certain parts of Indo as, for instance, Ars do not have all their eggs in one basket and one would assume they are only too aware of what weather they can expect after being there for quite some years now.

Do you think that they didn't know about the rainfall before they put their presentations together, or had a placing advising subscribers as to what & when is happening over the coming months & years?

Also not all of our assets are in areas affected by such rainfall as if you do your own research etc you would had found, for instance, that Beutong receives nowhere near the amount of rain that BKZ does for example.

Sorry fella but not being unkind but for you to say you've reduced your holding based solely upon another persons post, and without realising he didn't mean the whole of Indo or Asiamets assets doesn't give me the impression you've researched much at all about Asiamet.

[scarymonster] 23/3/2018 13:20

hb indeed. I use iPhone & iPad 99% of the time to access ADVFN but logged in via laptop for the first time in ages recently and was like WOW look at all this stuff!

[mount teide] 23/3/2018 13:13

HG - PB seems to be getting a similar impression of BKZ - as evidenced by his use of the word 'high value' for the first time in the last RNS.

[horneblower] 23/3/2018 13:09

I didn't realise that the ipad view of the bb was so different.
Very sorry if some cannot see the header.

[highly geared] 23/3/2018 12:47

Some interesting posts today....
Reading the new presentation, taking the best case dimensions of deposit size and rock material weight, my previous figures are blown out of the water with respect to BKZ. Looking closer to 2,000,000 tonnes at $500-700 per tonne. Looks like nearer $1 billion resource value.
If it takes a bit longer to develop because it rains a lot, so be it.

[mr roper] 23/3/2018 12:44

looking forward to drilling BKS shortly

"BKS scout drill results include 10m at 2.52% Cu incl. 2m at 7.45% Cu from 19.5m and 11m at 0.9% Cu from 14.5m. "

[jailbird] 23/3/2018 12:26

Guys I will look to read what MT comes back with.For ppl invested with Co expected to meet current timescales One should not take any potential delays to the project lightly . It all adds to costs Frankly with that amount of rainfall to add in, I would expect delays to the timescales I have reduced exposure because of these risks, since been here before.Obviously if things change , one can buy add again.

[charles clore] 23/3/2018 12:22

HB - people using an ipad cant see the header and the posts are in reverse order. Its very frustrating indeed!Adorling - no I havent sold, just trying to be realistic. The copper price has dropped c. 10% since December and the forecasts are not as bullish as ne mght hope. It doesnt make sense I know but these factors must have some influence on the share price mho.

[librayang0925] 23/3/2018 11:59

Could I a link to the header pls mate