Asiamet Resources Share Discussion Threads

[highly geared] 11/7/2018 07:53

Exactly. Worry about the copper price in 2 years time if it is still <$3/lb.

[bobby1904] 11/7/2018 07:47

Yep. But frankly copper price is a future issue for us. We're not a producer yet & copper prices are reacting to this huge Chinese hedge fund unwind. Longer term supply v demand especially taking elec vehicles into a/c has to rebalance in our favour imo.

[cyberbub] 11/7/2018 07:35

They're stiill pushing copper down hard I see... sigh...

[highly geared] 10/7/2018 23:05

Cflather; I envisage 30% dilution at a project level to a JV partener with perhaps 20% equity dilution and 50% debt finance. Purely guesswork. They won’t dilute at a company level as such although raising 20% equity finance is headline dilution.

[snickerdog] 10/7/2018 21:39

Dorset your quote "make time your friend that creates wealth..." completely agreed !

Look at CAML until recently been producing at far less that the BKM nameplate capacity and value at something like £450 with $40m cash and paying a dividend and that's without their own Beutong in the background. There's a long term strategy here and a hell of a lot of value to come as they execute against their plan.

[cflather2000] 10/7/2018 21:34

By 'grades' i mean the concentration of the copper found. The potential resource extent is also pretty exciting

[cflather2000] 10/7/2018 21:33

No doubting the assets. I guess the main issue for me is the extent of possible dilution. The reported grades are very impressive

[mr roper] 10/7/2018 21:16

I’m focusing more on that 900m drill at Beutong that’ll be reporting in about 3 weeks or so.

[2lb] 10/7/2018 19:46

For what its worth I think we are about to enter the most interesting 4 week period in the development of the company.

I really can't see much downside now so I would say we are firmly in a 10-15% max downside versus blue sky upside scenario.

Rest of this week pretty pivotal, IF that 2m is the last of the known big single selling source (noting there will be others though perhaps not so impactful) then at some point there will be a sharp bounce as confidence returns and buying accelerates.

Be good to end this week with a breathing space above 10p....

[ramas] 10/7/2018 18:30

Insti/s about to buy in , forward selling or discounting to allow for potential diluted ownership , or just dropping for no reason at all ??

[dorset64] 10/7/2018 18:28

Edit:

Why when the share price drops are there so many reasons for it to drop, other than someone is selling/off-loading. Whereas when its rising at a pace, its all down to people buying in/more.

The fundamentals are still there, more news on financing deal to come, more news on core drills to come, BFS, etc etc.

In other words, hold tight & sit tight, and make time your friend that creates wealth.

[jackbal] 10/7/2018 18:22

Hi HB, I opened a long position to run alongside my holding (which I do not intend selling until production begins. I am really thinking about loading up to max risk appetite.

Could you kindly say more about the chart getting exciting?

[horneblower] 10/7/2018 18:04

Chart getting v exciting imo.

[okidokicoki] 10/7/2018 17:15

I bought some more today great price :-) It will move just give it time . Lth for me not too worried about the drop

[finncairn] 10/7/2018 16:56

Ok ARS are down from recent highs but every investor worth their salt knows nothing goes up in a straight line. Anyone who has researched the company & BOD knows that it's not if but when this goes to the £/share. It might not happen this year or next but these people happy to hold & not expecting miracles overnight like myself know they are onto a winner with ARS. The end result providing a major like Rio Tinto don't buy ARS out for up to 40+% of market value in the near term is substantial life changing profits. Those who can't see that either have to sell as they need the money which is fair enough it's your money & I respect your decisions but if your selling now not realising the above then yes I would question if trading stocks is for you.

[siovey] 10/7/2018 16:29

Some of you guys on here sound exactly like I did back in the day...Whilst selling ASOS at 20p, AHT at 5p and QXL at £1.50...doh

[tomcorvid] 10/7/2018 16:08

RE 2m sell

[cupidstunt42] 10/7/2018 15:49

Yeah arhaych I'm so frustrated this anomaly doesn't seem to follow any logic, good news, down great news, down then all the goal posts shift , really lost faith and trust in this farce.

[arhaych] 10/7/2018 15:41

Cupid, if it's any consolation, I'm new to this game as well, and with today's price action, I'm just about sitting in the red.

It's been a very frustrating period given the huge amounts of positive news we've had this year. The BOD have delivered on everything they said they would, albeit perhaps a tad behind schedule.

Where I'm trying to improve as an investor myself, is despite seeing this as a 2-3 year investment minimum, I seem to persist on checking the share price every few hours.

[charles clore] 10/7/2018 15:39

adorling - thanks for your kind words.

[cyberbub] 10/7/2018 15:28

A 2M sell could have been worked over a couple of days who knows.