Asiamet Resources Share Discussion Threads

[haydock] 09/7/2018 10:47

UK. report this am.
Provision of electric charging points in the UK. to enable the move by 2040 to EV's.

Lost in the Brexit melee.

[mount teide] 09/7/2018 10:38

Mr R - that is exactly what China has been doing over recent months - shorting Copper while buying and importing huge volumes, that have set monthly records greater than anything seen in the last 18 years!

Never underestimate the Chinese - they are only interested in one thing - getting the lowest possible price for the commodities they need. Their past and present behaviour suggests no method is too underhand provided it delivers results.

[mr roper] 09/7/2018 09:41

And warehouse stocks dropping. Anyone would think the dramatic price fall has been engineered to enable China to buy even more...Let's see what their concentrate imports are like when/if they get published

[horneblower] 09/7/2018 09:30

Copper price showing signs of bottoming imo.

[adorling] 08/7/2018 20:01

ARS will be taken out well before 10 years comes around!

[mr roper] 08/7/2018 13:23

Just the Indos are paying 3.5bn bucks for a stake in grasberg now. Definitely not a giveaway.

[horneblower] 08/7/2018 10:51

I asked TM about that.
He said that the shares are NOT just given away. They are transferred at fair market value and that the process should not depress the price when it happened.

[sithuk] 08/7/2018 10:45

Where is the document that sets out how the transfer to 51% indigenous ownership after ten years is carried out. Is there a market based valuation mechanism or is it a give away?

[mr roper] 07/7/2018 08:04

Not sure about those numbers. A 25ktpa is typically valued at 500m bucks. So approx 300m quid. But if you add beutong at fs. Then it could easily be 600m quid in the right macro environment

[librayang0925] 06/7/2018 22:20

With 14c per pound of copper when in production, ARS can be valued at £600M now only £100M.

[finncairn] 06/7/2018 10:20

If the link doesn't show I have also put it on the ARS LSE bb.

[finncairn] 06/7/2018 10:15

Proactive investor video re copper where it explains the recent decline in copper prices. ARS also get a mention "keep delivering good drill results" "backed by Australia entrepreneurs who have a long history of delivering in the copper sector" "built Oxiana into a billion dollar company" here's the link. [...]

[horneblower] 06/7/2018 09:25

Copper, zinc, nickel etc all continue to move lower on reduced world growth worries.
Tony Manini called it a "dull spot in commodities currently".
This correction period will eventually turn, although imo it will go a bit lower first.
Asiamet is not immune to this but is weathering it pretty well so far (cf HZM).
Core metallurgy and bfs are events to look forward to but don't expect the share price to react immediately.
The investment world is not in a bullish mode with Trump tinkering with world trade patterns and most of the trade watching sport or on holiday.
Best strategy is to copy the brokers and go out to play for a month or two.
Come back refreshed in September.

[mr roper] 06/7/2018 09:20

Amy more good news and we'll go negative!

[edjge2] 06/7/2018 09:00

Wonder how far feasability will push ars down?

[hawks11] 06/7/2018 08:37

I believe.

[amaretto] 06/7/2018 08:14

Weeks not months was stated in the AGM a fortnight ago. Could therefore be anytime from the end of next week if AGM pronouncements are to be believed.

[horneblower] 06/7/2018 08:04

No, not a game but, like life, it is perhaps advantageous to treat it like one.

[pyglet] 05/7/2018 23:29

It most certainly is not a game.

[mount teide] 05/7/2018 23:18

rye - "Weeks not months" - that came straight from the horses mouth!

[ryry0707] 05/7/2018 22:50

When are we expecting the feasibility study to land? Original guidance was H1 2018.

[littlemadam] 05/7/2018 21:13

I know just windy up mr piggy! It's all a game and we're here to help each other. But he did say a few days ago he was fed up with the lack of momentum and would sell up.m