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ARS Asiamet Resources Limited

0.875
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Asiamet Resources Limited LSE:ARS London Ordinary Share BM04521V1038 COM SHS USD0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.875 0.85 0.90 0.875 0.875 0.88 1,363,819 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 0 -6.93M -0.0027 -3.22 22.57M
Asiamet Resources Limited is listed in the Miscellaneous Metal Ores sector of the London Stock Exchange with ticker ARS. The last closing price for Asiamet Resources was 0.88p. Over the last year, Asiamet Resources shares have traded in a share price range of 0.575p to 1.625p.

Asiamet Resources currently has 2,594,081,929 shares in issue. The market capitalisation of Asiamet Resources is £22.57 million. Asiamet Resources has a price to earnings ratio (PE ratio) of -3.22.

Asiamet Resources Share Discussion Threads

Showing 16526 to 16547 of 31925 messages
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DateSubjectAuthorDiscuss
27/9/2018
19:15
Monday is unlikely as the wording would have to have been delivered on Friday pm for that, which is unusual.
More likely is Tomorrow or Tuesday/Wednesday next week.

horneblower
27/9/2018
18:06
BFS Monday I hope
dsqjei
27/9/2018
12:12
It is one person's forecast I guess we could read more than expert's view to get a better picture
jailbird
27/9/2018
12:10
MTNot sure I understood you Did you read that chart on correctly The arrows represents where the commodity is forecast to be in 2 years He was bullish on Copper and Nickel and Gold over next 2 years +
jailbird
27/9/2018
11:41
jailbird - Macquarie's chart Fig 1 - showing where the various commodities are in the latest cycle is too simplistic - and simply behind the curve with respect to the Copper market.

With LME copper stocks having been at/close to decade lows since 2016 - to classify Copper as currently in a category with high stocks and strong supply reaction when the market was in marginal deficit in 2017 and again this year, and after pricing before the recent correction having increased some 75% from the H1/2016 lows is simply incorrect and misleading.

The category where Lead and Zinc is found: Supply Constraint / Capex Lagging / Pricing moving to encourage supply - would in my opinion much closer resemble current reality for the Copper market. The Lead and Zinc markets currently are probably a little ahead of Copper in the new cycle.

mount teide
27/9/2018
10:58
Even better, if you use capitalisation (example with Ts), ADVFN is quite happy about it:
arf dysg
27/9/2018
10:28
Thanks, Jailbird. That's useful.

Note: you need to change hxxps to https for it to work as a URL.

horneblower
27/9/2018
09:54
Anyone posted this here..pinched from HZM thread
Great chart from latest Maguire's report


hxxps://www.businessinsider.com.au/commodity-price-outlook-macquarie-2018-9/amp

jailbird
27/9/2018
07:59
From Kevin on Twitter #copper "only if every single copper project currently in development or being studied for feasibility is brought online before then, including most discoveries that have not yet reached the evaluation stage, the market could meet projected demand."https://oilprice.com/Energy/Crude-Oil/What-Peak-Oil-Demand-Copper-And-3D-Printing-Have-In-Common.html
snickerdog
26/9/2018
20:10
Agree, Charles. I’d be delighted
mr roper
26/9/2018
19:21
If it was a small placing say, up to £10m it would add another 100m shares. I can handle that.
charles clore
26/9/2018
19:13
Either way, q4 is gonna be pretty exciting
mr roper
26/9/2018
18:45
Just a few comments after re-reading yesterday's Interim Report to 30 June.

Net cash at 30 June - $3.2m (current Assets less Current Liabilities)
Operating costs - approx. $1m per month (if January to June trend continues)

This leaves an estimated net cash position as best I can tell from the accounts of $0.5m at best by the end of the month ie fund-raising is needed in the short-term. I'd expect this to be part of the imminent RNS. The Directors say in the report that funding will follow on from:

• The Company expects to finalise the Feasibility Study for the BKM Project in the second half of 2018 which when completed is anticipated to support the development of the project and in turn raising of additional funding;
• The Company is currently in discussions with financial institutions and strategic investors for potential debt and/or equity funding; and
• To date the Company has funded its activities through issuance of equity securities and it is expected that the Group will be able to fund its future activities through further issuances of equity securities.

I remain highly positive about the medium-term for Asiamet although would have preferred some better advance planning on cash flow and a quicker BFS outcome.

zeusfurla
26/9/2018
18:34
Can't think of any placing that didn't dilute
mr roper
26/9/2018
16:44
What affect would a 10p placing have on the sp?
chatta
26/9/2018
16:27
Price action has 10p placing written all over it...
shareideas1
26/9/2018
14:53
Think there was a 250m offer back in the freeport days from memory.
mr roper
26/9/2018
14:51
would be lovely and I certainly wouldn’t grumble but why would anyone pay $200 mil for 40% of specific part of ARS when the whole lot is valued at less than £100 mil.

I believe that £100 mil undervalues the potential here but not as much as that.

Also the buyer would know exactly what Ars paid for it less than 12 months ago.

jackbal
26/9/2018
14:50
20p I reckon
mr roper
26/9/2018
13:42
Interesting thought that Mr R. Considering our current MCap, wonder what that will send the share price to!
uapatel
26/9/2018
13:38
Would not grumble about that at all Mr R, given how little we picked up that extra 40% for!
arhaych
26/9/2018
13:34
Agree, hb. The 20m will fill the gap until bkm is up and generating cashlow or as HG points out, my preference would be sell 40% of it for 200m and we're off to the races
mr roper
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