Asiamet Resources Share Discussion Threads

[mount teide] 29/9/2018 17:56

Zues - weak bargaining position? Any company that can raise in 2018 more than its 2015 market cap via a II placing at a 1,100% premium to its 2015 share price may be called many things but having a weak bargaining position is with respect probably not one of them!

[horneblower] 29/9/2018 14:53

Cash at 30th June was $4M.
I reckon the company has sufficient cash until next April so, barring exceptionals, they will need to think about cash by next Feb. However, I am confident some kind of financing package will have been arranged for BKM well before that and that it will include the requirement for forward cashflow for another year.
Exciting times.

[zeusfurla] 29/9/2018 14:33

My concern is more to do with lack of cash (as well as lack of planning)- there can't be much cash left - and the weak bargaining position that puts the Board in when trying to raise funds now. I think the funding side is why there is a delay more than anything. I remain a holder for the medium-term but need reassured that the Board is capable of delivering on this valuable set of assets.

[mr roper] 29/9/2018 14:12

I wouldn’t worry. Things will get lively over the next fortnight

[charles clore] 29/9/2018 13:16

shareideas - true, but once management start giving dates or deadlines that are not subsequently met it can create mistrust in anything else they say. How would you view someone at work who did that? Not that I am a disbeliever, I'm just saying ;o)

[shareideas1] 29/9/2018 11:31

Shareholders push management teams for timelines which are often a best guess and are rarely totally in managements control. Agree management teams should err on the side of caution, but the real world doesn't really operate to a month end, quarter end, or year end calendar. In the grand scheme of things when you have multi year concessions being a few days makes no material difference, so longer term shareholders should relax

[pyglet] 29/9/2018 11:10

Never ever ever ever promise a date/time that you can't deliver or believe you might be able to deliver. Only promise a certainty or be vague. When will AIM companies learn?

[adorling] 29/9/2018 05:55

HB - I have never known ARS to release any news on a weekend! Whilst probably not material it is another date missed by the Team which has become a predictable trend now.

[horneblower] 28/9/2018 23:48

Thirty days hath September.
Monday is the 1st Of October.

[romeoandjuliet] 28/9/2018 21:22

It's only the 28th

[2lb] 28/9/2018 16:38

So endeth Q3 trading

[charles clore] 28/9/2018 16:08

Will the late afternoon dumper show up today I wonder.

[hawks11] 28/9/2018 15:18

Oh well it was nice while it lasted, almost three hours at two and a half hours above 10p but then I didn't think it would stay up all day.

[cupidstunt42] 28/9/2018 15:10

Sorry it was all hot air from my ars

[charles clore] 28/9/2018 14:46

There's the pong!

[arf dysg] 28/9/2018 14:44

However, one might, if payday happened to be the 28th of the month, want to be a little bit more in than before.

[charles clore] 28/9/2018 11:52

Well I wouldn't want to be out over the weekend.

[mr roper] 28/9/2018 11:47

Wouldn't it just

[2lb] 28/9/2018 11:37

That would make things very interesting.

[dsqjei] 28/9/2018 11:27

If the board stick to what they said then I expect an after hours

[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