Asiamet Resources Share Discussion Threads

[yorkie14] 21/6/2018 08:37

The share price in my eyes is ripe to go now. Expecting an RNS before the week is out if not early next week. Lots of news is due.
GL LTH

[walter walcarpets] 20/6/2018 21:33

MT: concur re TXP. It has got to be the most under-valued Oiler on AIM.

[mount teide] 20/6/2018 19:26

I remain an active buyer at these prices - thanks to the greedy HZM management helping me decide to free up a considerable sum of funds.

Their loss has been the gain of ARS, CAML, TXP and TRIN.

TXP is one to keep an eye on - $14m annual cash flow at an £18m market cap - with four high impact, low risk, low cost on-shore exploration wells commencing Jan 2019, each with the potential to exceed current daily production of close to 2,000bopd!

With the current 10 well production development programme exceeding expectation and financed entirely from cash flow and, an ultra high impact exploration programme of world class targets starting in Jan 2019 - the next 12 months should be a helluva interesting time to be a TXP shareholder.



I hold 1.1% at an average of circa 9.5p.

[adorling] 20/6/2018 19:01

I have suspected for sometime that the “seller” is probably a LTH existing for whatever reason (which we will never know) given the persistent sales over the past 12 weeks. Anyone willing to be honest and confirm?

However, eventually this will come to an end like all these situations do and we will then see our ARS price rise to nearer 20p-25p by year end to reflect our risk reward value. This will prove very difficult for someone to have exited such a large position (been there, done that, learnt the lesson and now a patient investor) but that is life. You are either in or out as they say.

[zho] 20/6/2018 16:37

And another, for 800,000 at 14.23, although it's difficult to be certain

[knokke1] 20/6/2018 16:25

Out of sequence trade, 14.14 10.90 670k or so, around 0.50 above the ask trades at the time, so for every seller there is a buyer too!

[mr roper] 20/6/2018 15:19

that might be a very good call, mr p

[mrpiggy] 20/6/2018 14:52

What's the betting that all this selling is over before the AGM Charles!

[charles clore] 20/6/2018 14:38

Whats the betting the price recovers when the US market opens

[mrpiggy] 20/6/2018 13:47

A better question would be - Why are they dumping stock? It would also be interesting to know who it is that's dumping.Why would that be a better question?It would be impossible for ARS management to divulge that information as it is market sensitive but almost certainly they will know which body is responsible but maybe not why. If an institution decides to unload they may take a loss if it suits them but why we will never know v

[arhaych] 20/6/2018 13:30

There's striking similarities between this and Horizonte Minerals with the persistent drip selling.

Both companies close to publishing feasibility studies as well.

[edjge2] 20/6/2018 13:19

RNS looks good for future adorling, silly ars down but adder exhausted. Not only cheap but now with more reouces and better than market. Can't lose IMO if hold on.
Maybe holdings RNS coming and ARS will rise in its counterintuitive way!

[adorling] 20/6/2018 12:59

Not the best share price performance going into your AGM? Someone clearly wants out and we can just speculate why as no one really knows. All we do know is this team has consistently delivered and willkeep doing that in my opinion so my money stays with them!

[finncairn] 20/6/2018 12:56

Questions for AGM. 1. Preferred option to finance BKM & how that can be realistically achieved?. 2. How far along are they with the financial package to get BKM up & running?. 3. In relation to questions one & two are ARS talking to any other companies with a view to a J/V? If that is the road they wish to go down?. 4. Do they intend to try & prove Beutong east & west are one ore body? If so do they further plan to see if it is connected at depth later in our cycle? 5. Are they able to provide any information on the recent seller(s)? 6. Copper prices seems to be falling currently not rising are they still of the opinion copper prices will be the figures previously stated when we go into production or have these figures been revised? Finally do they have any concerns regarding any legislative change to mining laws in Indonesia should they happen?

[pyglet] 20/6/2018 12:47

MrPiggy
A better question would be - Why are they dumping stock? It would also be interesting to know who it is that's dumping.

[adorling] 20/6/2018 12:01

I am hoping to attend so will note questions to be asked.

[mrpiggy] 20/6/2018 11:57

Can you also ask the management to contact the seller and request they dump the remainder of the stock they hold and fuxk off please!

[mr roper] 20/6/2018 10:57

anyone going to the AGM, can you ask how far down the big drill is at Beutong please? :0)

[knobbly] 20/6/2018 10:36

That's good. 5 minute walk between the ARS AGM and the UOG AGM.

[knobbly] 20/6/2018 10:20

Didn't realise that UOG AGM is on Monday. I'll have to checkout the RNS - is it far from the ARS AGM?

[barneycosmo] 20/6/2018 10:09

I was the 18,869.

[charles clore] 20/6/2018 10:08

And 75k for me

[pyglet] 20/6/2018 09:46

Another 20000 for me.

[arf dysg] 20/6/2018 09:35

Wassaproblem?

It means you can keep buying and the price won't go up. When it's raining gold, take a bucket not a thimble (Warren Buffett).

[maverick247] 20/6/2018 09:29

Yep hold both ARS and UOG !