Asiamet Resources Share Discussion Threads

[mrpiggy] 16/11/2018 08:20

So will the board be piling in with their own hard earned millions to restore confidence and help recover the share price to avoid a hostile T. O. If I was in their financial position I would to avoid all my hard work over the last few years being wiped out.

[sos100] 16/11/2018 08:17

jackbal-if your that concerned sell out..

[kjawoogie] 16/11/2018 08:13

Very interesting.

[ayesha4] 16/11/2018 08:11

I spoke with Peter Bird. The data room has seen an unprecedented level of interest in the last week. It is massively busy. The BOD are v worried about a hostile take over. This is now v undervalued indeed.

[jackbal] 16/11/2018 08:08

I can only hope that this sell off is due to some sort of shorting co ordination as at they will have to close/buy back and stop the rot.

I have never shorted any share or any other instrument and anyone shorting this at this mcap is either crazy and doesnt care much for risk/reward or knows things they shouldn’t.

As shareholders we are entitled to share concerns and until the share price finds support concerns will remain.

[cyberbub] 16/11/2018 08:06

I've no doubt of that, but the worry is that politics often seems to triumph over rationality (as we're seeing in the UK at the moment!).

[aim0raider] 16/11/2018 06:45

I'm pretty sure TM has very good form in the area, you don't operate somewhere for 30 years plus by cutting corners.

[adorling] 16/11/2018 06:14

Thanks Kevin for posting that unequivocal ruling on Beutong Licence. Please do not let any of these coordinated shorters influence you negatively on this subject. No different on me saying BHP Billiton are considering an all cash bid of 31p for all ARS assets....then again then is no smoke without fire as they say! Santa is coming.....

[kjawoogie] 16/11/2018 06:05

Beutong - Enough said: "Previously, the Public Relations of the Ministry of Energy and Mineral Resources, Agung Pribadi said, in providing exploration permits to PT EMM, the ESDM Ministry had carried out in accordance with applicable legal regulations. Answering Serambinews.com on Thursday (9/27/2018), Agung said, PT EMM as a foreign capital company (PMA) had also filed a permit in accordance with applicable regulations. Therefore, the Ministry of Energy and Mineral Resources provides licenses after going through the procedures and stages that apply in the legislation.It was said, granting permission to PTEMM in accordance with Law Number 4 of 2009 concerning Mineral and Coal Mining and Minister of Energy and Mineral Resources (ESDM) Regulation Number 25 of 2018 concerning Concession of Mineral and Coal Mining."

[jedi k] 15/11/2018 21:08

A global shortage of refined copper and an improved macroeconomic backdrop are likely to boost copper prices in the first quarter of 2019, according to Engelhart Commodities Trading Partners' head of metal and mine research, Xiaohong Wang.

[kjawoogie] 15/11/2018 19:58

Likewise I've topped up too.

[zeusfurla] 15/11/2018 19:25

A couple of small top-ups for me over the last few days. Fundamentals have not changed. Market is fraught at the moment and money is tight. Will bounce back and there is a big upside for ARS and it will move fast when it does. News will come, patience again needed imho.

[zho] 15/11/2018 17:40

I hope so cyberbub, I hope so.

[cyberbub] 15/11/2018 17:14

Zho - all of those have a decent chance of materialising soon IMO!

[freddie ferret] 15/11/2018 16:53

Copper up ARS down?

[mrpiggy] 15/11/2018 16:50

Are zho and jackbal a tag team?

[arf dysg] 15/11/2018 16:29

zho (18031) "From the LSE thread:"

haha ha



I would like to see the chartist who, on the 17th of October, predicted that the price was about to drop to 7p and then drift down to 5p.

[aim0raider] 15/11/2018 16:28

That puts it in perspective MT. No bids at the moment, they'll be back. Co fundamentals unchanged from a couple of months ago. It will recover quickly when the time is right.

[zho] 15/11/2018 16:28

I'm afraid I can only see this downward trend continuing unless we have news which decisively changes sentiment, whether that be on funding, management loading up with shares, a break-out in the copper price, sensational drill results, and so on.

Gloomy :-(

[mount teide] 15/11/2018 16:07

The fall from 10p to 5p has seen around £8.5m of transactions reduce the market cap by over £40m.

[mcpaulas] 15/11/2018 15:44

Just when I thought I had seen the bottom it falls another notch.Robbed my piggy bank and just waiting for a double up opportunity.Falling below 4 would mean the company had made no progress over the last 2 years.

[mount teide] 15/11/2018 15:26

Interesting to note the list of 15 junior copper equities selected by Joshua Hall for inclusion in his Global Copper Junior Mining Index has experienced an average 39% peak to trough share price decline during the recent copper market correction; the first following two years of strong performance following the Q1/2016 recession low.

A potent mix of declining mine production, falling head-grades, limited new supply, the threat of strikes at major operations, inflationary cost pressures and near decade low warehouse inventories, combined with robust demand, green energy initiatives and the global EV build-out should not only materially increase copper consumption but, continue to strongly underpin this new copper market cycle for many years ahead.

[snickerdog] 15/11/2018 15:24

Getting ridiculously cheap now

[ayesha4] 15/11/2018 14:10

This case is without merit. Asiamet and its partners will be UNAFFECTED by this. This is pure scaremongering.