Asiamet Resources Share Discussion Threads

[gymratt] 21/9/2018 14:19

Still a decent 'top-up' price though , Charles (Immho).

[charles clore] 21/9/2018 14:05

Mine was at the higher price unfortunately.

[gymratt] 21/9/2018 13:33

Did you manage to get yours at the mid 9.9p(Well done if so) or was that yours earlier on @ 9.975p?

[gymratt] 21/9/2018 13:30

Voting machine and weighing machine springs to mind , Charles!

[charles clore] 21/9/2018 13:20

gymratt - precisely, I just added 200k under 10p. Doesn't make sense to be selling imho.

[gymratt] 21/9/2018 13:14

Not everyone is selling , Charles! Just picked up another 70k @ 9.95p. ;@)

[charles clore] 21/9/2018 13:12

I can't really understand all the selling. I certainly wouldn't want to be out of this when the bfs is released.

[knokke1] 21/9/2018 12:57

9.80 (X4) VS. 10.00 (x1). With apologies to Mr Twain, the rumours of ARS trading freely have been greatly exaggerated.

[mr roper] 21/9/2018 07:03

Copper 2.78. Nice

[mr roper] 20/9/2018 22:02

Nice jump up for copper. Opens up the upside. Bodes well for tomorrow

[horneblower] 20/9/2018 19:02

I think it already exists. It's called the stock market.

[cyberbub] 20/9/2018 18:17

Like TraderTinder? There's an app for that.

[charles clore] 20/9/2018 16:44

It would be nice if the buyer and sellers could hook up and exchange details

[jackbal] 20/9/2018 16:33

I thought the price action was odd today. After yesterday’s drop I thought another down day was highly likely.

I thought it was odd that there was healthy volume and some large trades yet the price remained completely fixed all day.

I think mr roper touched on it earlier when he mentioned sells being hoovered up but it seems that sells are being matched/crossed so maybe we have a large buyer now to neutralise the relentless selling. I hope so anyway.

[horneblower] 20/9/2018 16:19

...or go for a walk with your Shih Tzu.

[charles clore] 20/9/2018 16:18

MT - I agree Trump certainly has a lot to answer for. His heart is in the right place but that isn't helping us right now lol.

[zho] 20/9/2018 15:55

>>After that, I will just have to eke out the dregs of the day somehow>>

You could always try a nice book ... something by Mervyn Peake, perhaps

[arf dysg] 20/9/2018 15:51

zho, since you wave a gauntlet in front of me, I might take a peek at what was written and hope it doesn't drive me to a fit of pique. That could constitute the moment of peak excitement for today.

After that, I will just have to eke out the dregs of the day somehow.


horneblower (16364) "I am deeply long and optimistic "

I believe that one should think long and hard before writing anything which could be suggestive or easily misconstrued.

[tektonik] 20/9/2018 15:30

A gentle reminder to everyone to when PB was asked about the complexity of the BFS on Vox:

It is and look, the short answer is it’s going well but yeah it does, and again probably for the
listeners just to explain a little bit, it’s not a ten page report that we put together to advance our
projects, it’s literally some thousands of pages where we engage experts in a whole suite of fields
from metallurgy to chemical engineering, mining engineering, construction engineering, electrical
engineering, environmental, etc, etc.
So what we’re going through at the minute is a process of value engineering where we’ve
received initial reports which ourselves and the team that provide that information work on
improving the information. So it’s a very sort of common pathway to take for companies to go
through this value process so we’re working through that with all of the service providers and
internal consultants etc to hopefully deliver what we believe is you know an exceptional outcome.
We haven’t got the final results yet but we’re getting very close and as soon as we do get them
we’ll, you know we’ll deliver the outcomes.

[highly geared] 20/9/2018 15:19

Just to add, it will be a good position to have a PEA published on Beutong toward the end of 2019 following the 2018 drilling and metallurgy, whilst mine build at BKM is well advanced. That and some more drilling around BKZ/KSK in the next 12 months will give us a better idea of what our assets are worth and what someone might pay for them. So, 15-18 months for things to crystallise....

[highly geared] 20/9/2018 15:15

When I spoke with PB in April, he said financing by year end. I suspect it will be Q1 2019 with the delay to the BFS , giving the parties 3-6 months to sort out the paperwork/ legalities for any JV/debt finance arrangement. That will play out to mine build start Q2 2019, complete around mid 2020 with production from H2 2020.

[mr roper] 20/9/2018 14:56

MT, it may well be agreed at a premium. Never know and the Bod have contacts with deep pockets

[charles clore] 20/9/2018 14:54

MT - but look what has happened to the copper price since the last placing. That's what is spooking the market at the moment imho