Asiamet Resources Share Discussion Threads

[charles clore] 28/9/2018 11:12

Lets hope we don't get a pong!

[ronconomics] 28/9/2018 10:07

It'll be ars. Mrs Conomics wants her shoes.

[mr roper] 28/9/2018 10:05

Lol! It will come. Just relax

[charles clore] 28/9/2018 10:02

At this rate it will be HZM!

[bcockrell] 28/9/2018 09:57

HZM are now mid to late October so really hope it is ARS!Slightly frustrating as Peter Bird wrote "in the current quarter" in his statement in the interims just a few days ago

[horneblower] 28/9/2018 09:54

Who will be first with their BFS, HZM or ARS?

[2lb] 28/9/2018 09:46

Not sure I agree HB, I actually think the BFS will have some material extras in it over and above what we may be expecting.

The decison to carry out much more comprehensive drilling outside of the orignal scope should add some real meat to the bones.

Funding should be well underway by now and so with the BFS delay , the gap between BFS publicaton and funding news should be minimal.

2018 has not delivered to date, that is clear, and so on the back of the much heralded message of it being a "transformational year" this is disappointing but equally the commodities market and AIM in general over Jun - August has been a bit miserable but is now looking brighter.

Looking to see what Q4 brings us and my primary interest remains in Beutong which remains in the price at 1p at best and you can potentially but two zero's on the end of that.......

[horneblower] 28/9/2018 09:30

CC, If it were just a spreadsheet entry then, I agree, they must be holding it back for other reasons.
But the BFS is much, much more than that.

[charles clore] 28/9/2018 09:22

HB - but surely the new drill results only have to be entered into a spreadsheet and the software does the rest. So why the continuous delays? Maybe it's because they are negotiating funding as well but that just needs to be said, so why be so secretive about it it?

[horneblower] 28/9/2018 09:15

True. Both Tony and Peter's strong guidance at lunch after the AGM on 25th June was "weeks, not months".
However, when circumstances change, so should one's actions. New drilling results and the price of copper may well have caused the Board to pause.
I have no problem with that. They have kept us informed of the delay, if somewhat tardily.
Publication of the BFS, when it comes, may not cause the price to move much, since generally we know what's in it already. However, I am greatly looking forward to it.

[shareideas1] 28/9/2018 09:07

Gut says they are working on a raise alongside the BFS in order to concurrently announce BFS and additional funding...

[ryry0707] 28/9/2018 08:55

I wonder why they didn't revise the guidance given in the interims released the other day. Perhaps it could drop later today.

[arhaych] 28/9/2018 08:44

Have to agree Cupid, BFSs are indeed complicated beasts, but such experienced mining professionals should take this into account when managing shareholders' expectations.

[cupidstunt42] 28/9/2018 08:22

It's actually strike 4 if you count the weeks not months comment from Peter Bird at the AGM.

[cupidstunt42] 28/9/2018 08:09

Unexpected? I've been expecting it since they let us down in Q1, then H1 now it's strike 3 for Q3. What a truly news rich value adding 8 months this has been...

[2lb] 28/9/2018 08:09

Not a chance , was only ever a slim chance it would even be Q3Learn from history - manage your holdings accordingly

[adorling] 28/9/2018 07:57

Well no 7:00am surprises this morning then! Will today bring unexpected BFS release later?

[dsqjei] 27/9/2018 21:28

I would hope not tomorrow. Why not Monday but Tuesday or Wednesday?

[2lb] 27/9/2018 21:03

Week after next would be my guess.

[horneblower] 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.

[dsqjei] 27/9/2018 18:06

BFS Monday I hope

[jailbird] 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 +