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 Shares Traded Last Trade
  0.00 0.0% 3.05 2,809,624 08:00:00
Bid Price Offer Price High Price Low Price Open Price
2.90 3.20 3.05 3.05 3.05
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -8.65 -0.78 31
Last Trade Time Trade Type Trade Size Trade Price Currency
15:57:54 O 750,000 3.20 GBX

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Date Time Title Posts
15/10/201918:59Asiamet Resources Ltd {ARS} (was Kalimantan Gold,{KLG))21,644
05/9/201922:52Asiamet Resources Ltd {ARS} (was Kalimantan Gold,{KLG)) (ARS)118
18/4/201918:23Need the intra-day chart1
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13/3/201814:52Online football tickets - safe or scam?5

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Trade Time Trade Price Trade Size Trade Value Trade Type
2019-10-15 14:57:553.20750,00024,000.00O
2019-10-15 14:57:413.18750,00023,850.00O
2019-10-15 14:56:453.1296,1532,999.97O
2019-10-15 13:54:273.0495,1732,893.26O
2019-10-15 13:52:212.90300,0008,700.00O
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Asiamet Resources Daily Update: Asiamet Resources Limited is listed in the Mining sector of the London Stock Exchange with ticker ARS. The last closing price for Asiamet Resources was 3.05p.
Asiamet Resources Limited has a 4 week average price of 2.63p and a 12 week average price of 2.63p.
The 1 year high share price is 10.38p while the 1 year low share price is currently 2.63p.
There are currently 1,005,130,979 shares in issue and the average daily traded volume is 2,965,490 shares. The market capitalisation of Asiamet Resources Limited is £30,656,494.86.
dorset64: Mount Teide, and to quantify your post further in relation to %'s dropped by Asiamet & CAML recent highs in March 2018, Asiamet needs to climb circa 250% to recover to its circa 14p high, whilst and not noted in any of your posts, CAML needs to recover over 100% to get back to its March 2018 highs. Given the above collapse of both ARS & CAML's share prices over the past 18 months, you are likely to be correct in that Ars's price has dropped more and this can be attributed to late RNS' & missed targets, but what you don't go on to explain is that CAML has also lost over 50% of its share price within the same timescales. The wider Trump/China/Recession fears have contributed to both and when looking at the above and if I were to choose one to invest in right now, if not owning any previous shares in either,I would invest in Asiamet over CAML simply nothing other than ARS has had a sharper fall, in fact overdone imo and has far more to gain parity to its share price of 18 months ago. As for Solgold, right now I would personally steer clear of it as the share price looks like it wants to crash even more yet but again, thats just imo.
glenalmond: Https:// "The industrial metal has a very bright future" If you’re an investor in copper, you would have had a tough time in the past decade. The price of the metal has almost halved compared to a decade ago, and some people think the price won’t pick up soon thanks to a dodgy global environment. It begs the question why you would bother investing in it. Read on and we’ll explain why. Copper is used in practically everything – wiring, transport, construction, the power grid, etc. It is seen as a bellwether for the global economy. That’s why the price is currently down, as investors are nervous about the world given the US is picking fights with China and Iran, and many economies across the globe aren’t developing as well or as quickly as people thought. It’s also why gold has rocketed to a six-year high, with worried investors – central banks among them – looking to stockpile the precious metal in case things take a turn for the worse. A growing number of experts who track the metals space say you should forget the gloom, because the fundamentals underpinning copper are strong and its price is set for a big increase over the long-term, regardless of what happens in the latest ding dong between various international heavyweights. One of these experts is Olivia Markham, co-portfolio manager at BlackRock World Mining Trust (BRWM), which invests in several copper-producing miners and has a 20% allocation to pure-play copper stocks in its portfolio. Markham believes there is a big ‘disconnect’ between the current price of copper and its underlying value, which is driven by the fact that copper is at its largest net short position in 13 years. That means more investors (mostly hedge funds) are betting that the price of copper will fall than it will go up. In the copper futures market, where buyers and sellers agree on a price to buy copper at a set time in the future, there has been a net short position of 46,000 contracts. ‘It’s a reflection of people’s negative view on global growth, global demand, the US China trade tensions, etc,’ she explains. ‘Of all the commodities, copper tracks much closer to global growth and investor sentiment, unlike iron ore for example which tracks closer to its true supply and demand fundamentals.’ When it comes to copper supply and demand, while there is a small surplus in supply at the moment, this is expected to fall into a deficit later this year, with the deficit expected to continue getting wider as demand grows. Sandfire Resources, an Australian mining firm which recently agreed to buy UK-listed copper miner MOD Resources (MOD), forecasts the copper deficit to hit 4.8m tonnes by 2028. Around 23.6m tonnes of copper was used worldwide last year, and in 10 years’ time demand is forecast to increase to 29.8m tonnes. Sandfire’s figure is based on the copper available from current mines and contributions from old ones which are brought back into operation. To meet demand new mines are needed from greenfield sites, i.e. sites which haven’t been mined before. These are a lot more risky for miners to develop and can be very expensive. Part of the reason for the probable lack of adequate supply going forward is down to the fact it’s simply not economical for most miners to develop new projects. Markham says: ‘It’s become harder to find new copper deposits. The ones that are there are lower grade, and in difficult jurisdictions. ‘Expect the copper supply longer term to be in deficit. And demand continues to grow at a rate of around 1% to 2% of GDP. It comes down to the whole story around electrification – demand for electric vehicles, electronics and upgrading the grid infrastructure.’ Nitesh Shah, a research director at exchange-traded fund (ETF) provider WisdomTree, believes the latter point – upgrading the grid infrastructure – is the key factor that will drive copper demand. ‘Wiring is a very big thing,’ he says. ‘The grid infrastructure in all these developed countries needs upgrading, and then you’ve got all the developing countries, and cities becoming major cities for the first time, which all need to build and improve their grid infrastructure. ‘All of that requires copper wiring, so that demand is not going away any time soon.’ In addition, electric vehicles are expected to be a big boon for copper, with anywhere between 40 kilogrammes (kg) to 90 kg required for electric cars, and a whopping 370 kg needed for an electric bus according to the Copper Alliance. There were 5m electric vehicles on the road last year. The International Energy Agency has forecast this number to reach 130m by 2030. ‘That’s an exponential increase in 12 years,’ says Shah, who adds that for all such expansion in electric vehicles on the road to take place, 1.8m tonnes of copper will be needed. Right now, there’s around 200,000 tonnes going into such vehicles. While copper investors will be rubbing their hands with glee, it won’t be good news for Tesla. When the electric carmaker moaned in May about how it foresees a shortage in key materials for its cars – copper being one of them – the share price of copper-producing miners jumped, including Anglo American (AAL) and Antofagasta (ANTO). More comments from car manufacturers about such shortages could also help the copper price, and that of shares in copper miners, to keep rising. CHINA IS KEY Key to the rise in copper demand will be China, which will be at the forefront of world demand because as it gets wealthier people will, naturally, want more of everything. And practically so many things feature copper. According to analysts at BCS Global Markets, last year China accounted for 50% of the world’s entire copper usage. A decade earlier the figure was 29%. ‘Everything depends on China,’ says BCS analyst Oleg Petropavlovskiy. ‘If the Chinese economy is doing well, the copper price will go up. But if there’s weak economic data from China, then we’ll see another decline in copper prices.’ While the growth of China’s middle class is a story expected to continue for decades, and which some say is ultimately the key to copper’s long-term price growth, Petropavlovskiy suggests not getting too carried away with copper prices and shortages, and foresees supply to keep growing, albeit at a low rate. ‘We’ve been told copper deposits are getting smaller and copper grades are falling. I’ve heard this for 11 years. But in my experience, it has not been happening,’ he says. ‘[Copper] supply will be growing by 2% to 3% in the next few years, but if consumption in China falls, then the price of copper will go down.’ As Petropavlovskiy intimates it’s important to note that this isn’t the first time people have got excited by copper. The metal was meant to do well under Trump, especially after he vowed as a presidential candidate to spend $1trn on infrastructure. As is the case with any election anywhere in the world, beware of candidates’ promises. That was in 2016, and now two and a half years into his presidency, the US Congress is still debating whether or not to authorise such a plan, let alone start building. Many in the copper industry waited eagerly for the metal’s price to rise after Trump got elected. Roughly 900 days later, and the price is now lower. But this current wave of excitement among some investors is different given economic trends are pointing to a long-term upswing in copper’s price, and those who watch this commodity all agree the fundamentals are sound. If you buy this argument, then how can you invest in the theme? There aren’t many copper-related investment fund or trust options out there, and the ones that are available either have poor performance or only have a small exposure to copper in their portfolios. A better option could be to invest in copper miners. These businesses can benefit from an increase in copper prices with the added bonus of further gains if they make operational progress. However, you are also exposed to geopolitical, financial and operational risks.
devonlad: ..... and the copper price is on a run: I think we will see a partner sooner rather than later, haven't sold a share. ARS share price is very well correlated but slightly behind the copper chart as per the chart posted a few weeks ago (Hornblower I think, thanks), Time to buy, not sell!
zaphod99: hornblower, your chart showing correlation between the ARS share price and the price of copper, please can you do the same but make the start date around March 2018?Thanks in advance.
dorset64: Having been away for the past week and come back to read the BFS and with it, comments on here I find myself scratching my head at some posters. As I've & many others who can grasp even the smallest of understandings to the industry have said, this BFS release would never shoot the share price into orbit on the day of release, it was never going to and I further honestly don't believe many people have actually read the full transcripts let alone even remotely understand them, they just follow whats posted on a faceless bulletin board. The BFS is a document detailing what they have as we stand today and is a detailed map of the future of this one single project, yep one project only. People are acting like its the be all & end all of Ars, when in fact in reality its only a small part of our whole suite. Our current share price reflects exactly where the copper price is right now, beaten down and those who say our own share price has nothing to do with the prevailing copper price must be blind or simply looking for a quick buck which will not happen. If Asiamet had this one project on its own I wouldn't be here holding a seven figure holding and nor would I be buying a few more at these depressed levels either. I would say with almost certainty that within 3-6 months the copper price will be higher, may be far higher than today and it will continue to increase with Trump then re-starting his quest for growth across the globe, along with deals in place with China so that he can show the US electors how he has thrown his sword at China, made deals with China and the US economy expanding at record rates. It will happen and all start within just a few months as he needs at least 12 months of good growth prior to the US elections. When this happens the copper price will be continuously rising for months on end and in turn, every man & his dog will be reporting the impending copper crunch and watch the price rise. When this happens Asiamet will by then hopefully have at least one major partner on board along with funding/partners for other much larger projects in our portfolio and everything will, all of a sudden appear rosy to everyone. So with the above when is the best time to take a position or to increase your stake, for me its now and a month or three before all of the above starts to play out but most will, like they always do, become lemmings and sell when the share price is falling, only to them buy back at a higher price when its been rising for a few weeks or months. Long term holdings far far outweighs the profits of short term plays every single time and it will here too.
trigger blade: Mount Teide, That’s all very well, but could you just tell me what the ARS share price will be in 12 months and 12 months after that.... :-)
dorset64: Mr Piggy/MT, great debate guys and two sides that agree ARS share price will no doubt increase, just debating how slow or quickly it will. For me MrPiggy one point you did leave out and one that does affect the share price in a huge way, is how quick this share price moves when it starts to go north. If we are now also rid of the constant seller/s over the past 6-8 months after every rise, once this starts this could move very quickly back up to anywhere between 7-10p in quick order with or without microeconomics making any affect to the share price
dorset64: Mr Roper, I don't think they or anyone expected firstly the copper price to remain so low for this amount of time and, secondly, the Ars share price to remain this low. I am happy to give them the benefit of doubt that they thought ney hoped the share price to be far higher than today's price before doing any fund raising.
highly geared: Interesting if you overlay the Cu price for the last 18 months with the ARS share price , there’s a reasonable correlation. Tells me we need to see the CU price recover then see BKM financed. The share price rose on a combination of key development milestones happening at ARS along with a buoyant CU price. It was a positive sentiment period backed by Cu prices. Now, with CU prices off and sentiment negative the market isn’t interested in speculative worth of assets, it’s now all about delivering BKM to a producing mine and securing a partner for Beutong capable of doubling the resource base and delivering a PEA within a couple of years.
mount teide: Arden Partner's analyst sees plenty of upside potential for Asia Met - saying he was far more interested in the latest Beutong drill results since it suggests a potentially "World Class" project - than the BKM BFS delay announced to "refine the project economics". City broker reckons Asiamet share price can follow same path as SolGold - Proactive 'SolGold’s share price has jumped more than 2,000% over the past three years, and Arden Partners reckons Asiamet has the potential to follow suit City broker Arden Partners reckons the Asiamet Resources PLC (LON:ARS) share price can follow the same trajectory as fellow copper explorer SolGold over the coming months and years. SolGold, which is developing the much-hyped Cascabel copper-gold project in Ecuador, has seen its share price rise more than 2,000% over the past three years. “Asiamet is a relatively unknown gem with the potential for similar gains in its share price as it nears closer to the release of a bankable feasibility study at BKM and further drilling at Beutong,” said Charles Fitzroy, Arden Partners analyst in a note to clients. Asiamet had hoped to have released the BFS earlier this month, but it is carrying out more drilling at BKM in order to beef up the study. Fitzroy agreed that the additional drilling will “refine the project economics”, although he was more interested in the latest drill results from the earlier stage but “potentially world class” Beutong project. “These recent drill results [released on Thursday] show significant mineralisation outside of the resource at Beutong and the deposit importantly crops out at the surface.” The Arden analyst has a target price of 24p on the stock, almost four times the current 6.8p share price. Still, he sees the potential for this figure to soar in the future as Beutong is further developed and, as such, has Asiamet as a ‘strong buy’. '
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