Asiamet Resources Share Discussion Threads

[monttim] 01/6/2018 12:03

Dominic Heaton, a class operator in mine development. This is a real coup getting Heaton on board. Timing is perfect.

[walter walcarpets] 01/6/2018 12:00

RNS Number : 0330Q

Asiamet Resources Limited

01 June 2018

For Immediate Release London AIM
1 June 2018 Symbol: ARS

Asiamet Director Appointment

Asiamet Resources Limited ("Asiamet" or the "Company") is pleased to announce the appointment of Mr Dominic Heaton as a Non-Executive Director to the Board effective from 26 June 2018. Mr Heaton is a highly experienced mineral processing engineer with an extensive background in feasibility studies, project construction, plant commissioning and mine operations throughout South-east Asia. For seven years as the CEO of Masan Resources he led the development and operations of the Nui Phao tungsten - polymetallic project in Vietnam, prior to which he was closely involved in the development and operation of the 60,000tpa Sepon leach SX-EW copper project in Laos and development of the large Martabe Gold Mine in Indonesia.

Tony Manini, Executive Chairman commented:

"On behalf of the Company we welcome Dominic to the Asiamet Board and look forward to benefiting from his deep experience leading the transition of projects through development to operations in the Asian region. As the Company transitions from explorer to developer and ultimately a producer, we will continue to evolve our board and management team to best position for success in the next phase of our growth. In this respect, Dominic is the first of several new appointments to be made over the coming weeks and months."

The Company provides the following additional disclosure as at 1 June 2018 relating to the appointment of Mr Dominic Heaton as director of Asiamet, effective 26 June 2018:

Mr Dominic John Heaton, aged 51, currently holds or has held the following directorships and partnerships over the last five years:


Current directorships and Past directorships
partnerships
--------------------------- -------------------
Masan Resource Corporation
--------------------------- -------------------


Mr. Heaton has no interests in securities of Asiamet at the date of this announcement.

Except as disclosed in this announcement, neither the Company nor Mr. Heaton are aware of any further disclosures that are required in respect of the appointment of Mr. Dominic Heaton under Rule 17 or paragraph (g) of Schedule Two of the AIM Rules for Companies.

The Company also advises that Notice of Meeting and Form of Proxy for its Annual General Meeting (see announcement dated 25 May 2018) has been sent to shareholders on record as at 25 May 2018.

ON BEHALF OF THE BOARD OF DIRECTORS

Tony Manini, Chairman

-Ends-

[arf dysg] 01/6/2018 11:01

Amaretto (13982) "the low RSI and chart implications"

On the other hand, the high RSI would be the Repetitive Strain Injury you get from pressing the BUY button so often.

[highly geared] 01/6/2018 09:23

The positive forward look will be heavily influenced by Beutong for H2 2018. Essentially, we’ve had no news on Beutong for c 5 months following the production licence grant, other than very limited stuff from the 1st abandoned drill hole. I’d envisage monthly deep drill core results for the remainder of this year that will culminate in an updated resource statement early 2019 and the move to scoping study/PEA by mid 2019.
With BKM finance likely to be confirmed in Q4 2018 the , at times, awkward and frustrating wait and sideways share price we’ve seen over recent months ( and which might continue over the summer) should be replaced with an ascending share price. The confluence of good Beutong drill results and BKM financing will see to that. 2019 remains the year when we will know with much greater certainty, the value of our assets. If BKM is financed and nearing production and Beutong is scoped by mid 2019 with a rather large NPV ( the market seeing proof that Ars can finance and deliver a mine into production), I’d expect a share price in the high 20’s/ low 30’s this time next year.

[edjge2] 01/6/2018 08:41

kjawoogie, yes a fair bit of news re copper deficit and also other metals. EVs may change the powering and therefore battery metals required. These are heavy and every kilo added to an EV removes performance. A thousand modern 3v capacitors are light and charge instantly. Power can be where it is needed for each component important for robots elimiating wiring too, more weight gone.
Innovation may be spiked buy war so don't expect things to remain static.
I do expect this to motor when ready. Probably better than KAZ.

[edjge2] 01/6/2018 08:33

Looking more interesting now gap on candlesticks chart filled. A bus or two will put the boot under it. Agree Mr.

[mr roper] 01/6/2018 08:17

Won’t take much to nudge this north imho

[mr roper] 01/6/2018 06:47

Mine disruption

[mr roper] 31/5/2018 16:34

Time to open up the newsflow doors...

[amaretto] 31/5/2018 16:28

Yay! Just need those sellers to completely dry up, the low RSI and chart implications to kick in and a healthy dose of FOMO and we're back in the driving seat.

[mr roper] 31/5/2018 16:17

There’s your answer, amaretto! Let’s get the show back on the road!

[amaretto] 31/5/2018 15:48

Hopefully that was the roadblock holding it up. Will be interesting to see what effect a few buys have now.

[mr roper] 31/5/2018 15:46

There’s the big sell that was being worked.

[mr roper] 31/5/2018 15:24

Time to get the show back on the road.

Beutong news and bkm bfs in the next 30 days.

[mr roper] 31/5/2018 15:17

Bullish reversal pattern coming through on the candlestick chart

[littlemadam] 31/5/2018 15:16

Correcto! Muy bien!!

[amaretto] 31/5/2018 15:00

The offer's pinged, I think the bid is going to follow suit in just a few minutes...

[mr roper] 31/5/2018 14:36

Just added another 120000. Should see us move up shortly

[mr roper] 31/5/2018 14:32

June tomorrow...should see some considerable newsflow in the coming 30days.

[tektonik] 31/5/2018 14:29

Buys appear to be comprehensively outweighing sells so far today yet minimal reflection on share price ..

[jc2706] 31/5/2018 12:16

This would seem to be a more sensible price target given the potential deficit.

[mr roper] 31/5/2018 07:26

hxxps://investingnews.com/daily/resource-investing/base-metals-investing/copper-investing/copper-prices-during-this-cycle/

[jc2706] 30/5/2018 22:52

So BMO expect there to be a deficit of 5m tonnes per year and that this will result in the copper price 'soaring' by, wait for it, 4%! Who pays these people?