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| 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 | 0.00% | 0.625 | 90,524 | 08:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 0.60 | 0.65 | 0.625 | 0.625 | 0.625 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Miscellaneous Metal Ores,nec | USD | USD -6.93M | USD -0.0023 | -2.70 | 18.46M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 09:04:09 | O | 80,000 | 0.6125 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 14/11/2024 | 07:00 | UK RNS | Asiamet Resources Limited BKM Copper Project Optimisation Works Update |
| 18/10/2024 | 18:44 | ALNC |  TRADING UPDATES: LMS Capital NAV falls; Cloudcoco sells unit |
| 18/10/2024 | 16:00 | UK RNS | Asiamet Resources Limited Successful Completion of US$3.55 million Raise |
| 16/10/2024 | 06:45 | ALNC | IN BRIEF: Asiamet Resources raises USD3.3 million in equity |
| 15/10/2024 | 13:30 | UK RNS | Asiamet Resources Limited Retail Offer |
| 15/10/2024 | 13:25 | UK RNS | Asiamet Resources Limited US$3.3 million Subscription |
| 07/10/2024 | 06:05 | UK RNS | Asiamet Resources Limited Board Changes |
| 30/9/2024 | 11:00 | UK RNS | Asiamet Resources Limited Interim Results for Six Months Ended 30 June 2024 |
| 22/8/2024 | 16:35 | ALNC | Asiamet Resources identifies significant savings at BMK project |
| 22/8/2024 | 10:30 | UK RNS | Asiamet Resources Limited Material Capex Reductions for BKM Copper Project |
Asiamet Resources (ARS) Share Charts1 Year Asiamet Resources Chart |
|
1 Month Asiamet Resources Chart |
Intraday Asiamet Resources Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 15/11/2024 | 09:02 | Asiamet Resources Ltd {ARS} (was Kalimantan Gold,{KLG)) | 31,607 |
| 08/9/2024 | 17:45 | Asiamet Resources Ltd {ARS} (was Kalimantan Gold,{KLG)) (ARS) | 720 |
| 16/9/2021 | 21:32 | C3Metals - Tony Manini & Steve Hughes | 29 |
| 01/2/2021 | 14:09 | Where are we going??? | 1 |
| 25/1/2021 | 15:24 | Need the intra-day chart | 3 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 09:04:10 | 0.61 | 80,000 | 490.00 | O |
| 08:02:58 | 0.61 | 5,198 | 31.84 | O |
| 08:02:06 | 0.61 | 5,326 | 32.62 | O |
| 2024-11-14 16:28:43 | 0.65 | 153,334 | 989.00 | O |
| 2024-11-14 16:23:23 | 0.65 | 100,000 | 645.00 | O |
| Top Posts |
|---|
Posted at 15/11/2024 08:20 by Asiamet Resources Daily Update Asiamet Resources Limited is listed in the Miscellaneous Metal Ores,nec sector of the London Stock Exchange with ticker ARS. The last closing price for Asiamet Resources was 0.63p.Asiamet Resources currently has 2,953,442,174 shares in issue. The market capitalisation of Asiamet Resources is £18,311,341. Asiamet Resources has a price to earnings ratio (PE ratio) of -2.70. This morning ARS shares opened at 0.63p |
Posted at 16/10/2024 10:29 by mount teide D64 - with respect - 'Not one person mentions the vast monies paid by current directors buying more shares for themselves'Manini and McClelland put in circa $50k and $25k respectively. In Manini's case, never mind his Salary and Directors Fees, the subscription shares he bought cost significantly less than the Performance Incentive Bonus he trousered in 2022 and 2023 - lord knows for doing what? Source: Latest Annual Report By any objective benchmark, to be raising more money at a 95% discount to the share-price some 5 years AFTER he told the market he was now going to change strategy and monetise the assets is totally unacceptable. Since Manini became involved in the company he has been responsible for massively diluting shareholders investments by increasing the number of shares over 6 fold to 3 billion.....mostly, over the last 5 years to raise the cash to keep the lights on and him and his friends in the Melbourne Country Club lifestyles they have become accustomed to at their long suffering shareholders expense. AIMHO/DYOR |
Posted at 04/10/2024 15:42 by 2lb Dear God, Peter Bird.Being the fake Asiamet CEO is a great job isn't it, first Bird, now Mclleland. >£500k a year to delivery nothing other than share price destruction year after year. FWIW on the other point, I would expect any project funding package to 100% cover all the operational and ongoing coats of the business - that is standard to my mind in any such arrangement. Whatever happened to the idea of a sale of partial sale of one asset (KSK or Beutong) to fund the development of the other? Always seemed the preferred option to me... |
Posted at 04/10/2024 13:39 by jimbo310813 There'd be multiple share price 'pings' for sure if Bird was to return... |
Posted at 04/10/2024 05:52 by adw198 If we get funding then who pays for our corporate costs for the next few years before production? More DOID dilution gives them the keys.Personally I don’t think it’s credible a bank + offtaker will lend us $150m. It’s why they keep mentioning potential partners, forgetting that “see through value” was the excuse given for the lack of any deal to date. DOID didn’t want a JV when the share price was over 2p but now it’s .65p someone else will - sure :) As for Beutong, that’s in the bin until and unless they can explain why nothing has happened since the protests there in 2019 and actually articulate a plan. |
Posted at 03/10/2024 20:18 by dorset64 Of course the next raise would be less than .9p, that's not exactly rocket science Andrew.Take a look at the lassandro curve, right now post PFS/pre-funding we are at the lowest ebb in terms of share price but despite this, we still have a willing partner willing to put more money in. Add to that I think, and would hope, at this price the directors would also buy some and if they do, I may even buy some more myself as, as per the well walked path of lassandro, any hint of funding and the prices shoots up and into construction.And don't forget the interest at Beutong plus the wider area of BKZ etc etc, after all this is just the starter project. My one mistake in hindsight as ignoring the lassandro curve myself, and not selling after the first discovery, waiting a few years and buying back in just about now, perfect timing. |
Posted at 03/10/2024 15:15 by dorset64 LolDo you not think DOID would had taken us out by now if they wanted to, instead of being a supportive partner. Sure, I believe they obviously would be the go to people for the next raise but the difference here to most other explorers, I'd that they have a 'funder' until the bank funding to build the mine is in place.Look at 90% of all other explorers on lse and the only way the can get funds is by going to the market. Next raise gets us in to the banks, the funding for construction is raised and the share price will be multiples of today's price, fact imo. |
Posted at 01/9/2024 08:58 by mostyn Dorset64,I agree with the need to publish a roadmap, but to a large extent they have done that in bits with the various updates. It's been clear that they needed to re-engineer the project to make it attractive to financial institutions, and in the last update they highlighted what they have been doing and implied what still needs to be completed without actually putting it in a planned timeline. I suspect after TM's comment about naming a lead bank "pretty shortly" over 15 months ago, they are very wary about committing to a plan with any dates. In terms of corporate action on any of their projects, even with all their progress, the company's problem and the shareholders problem is the same, that is the low share price. I can't see anyone coming in with an offer for any of the projects that the company could accept. They have spent over $80M on exploration The company's market value is now around $28M. I would guess at least $40M has been spent on Beutong. Just looking at the numbers anyone can see the problem. Do they just give some of the projects away at a low valuation, and would shareholders then be happy. I just can't see anything happening on that front with the market cap being at the current level. It's worth noting that the comments about interested parties have died down. Comments about offtake agreements have died down. It's also noteworthy, unless I missed something, that Tony Manini has been keeping a very low profile. It feels as though it will be a slow grind from here, although I am more optimistic that the project will get financed. The problem for existing shareholders is how much of the company will we own when it does. |
Posted at 22/8/2024 14:08 by mostyn I often wonder whether directors of listed companies understand why shareholders invest. For the vast majority, the only reasons would be income or capital appreciation. Many directors seem to think they are doing a good job when the business seems to be progressing from their perspective, but the share price is in a downtrend or even at rock bottom levels (with no sign of any improvement), and there is yet to be any income on the horizon for shareholders. Sadly, I am invested in a number of such companies where extravagant promises have yet to materialize. In one such company (not Asiamet)they have a number of KPI's, all but one showing positive outcomes in the Annual Report, and the shareholders are uniformly negative about the company. The one showing a major negative divergence is, as expected, the share price, and the directors can't seem to understand why shareholders are unhappy.The other thing that directors don't seem to understand, is that dilution, especially capital raising at a large discount, has a significant negative effect on the share price, both in the short and long term, as the existing asset value is now spread over a larger number of shares. If I had invested last week for the first time, I would be quite happy with today's announcement. The main cloud on the horizon would be the prospect of a DOID supported raise, likely not too far in the future. It's a catch 22. No money = no progress = no company. On the other hand every dilutive event reduces my share of the company and takes me further from break even. I'm still waiting for any sign that TM's comment that the company is potentially worth hundreds of millions, if not billions, is on the horizon. I suspect I will be waiting a very long time. |
Posted at 22/8/2024 12:16 by mount teide Feasibility Studies 2019-2025 - Project Capital Costs (excluding contingencies and before adjustment for inflation):$192m - 2019 FS-1 - 9.1 year mine life with up to 25ktpa of copper cathode $208m - 2023 FS-2 - 9.2 year mine life with up to 20ktpa of copper-cathode $128m-$158m - 2025 - FS-3 - 9.2 year mine life with up to 20ktpa of copper-cathode? Roy 'Chubby' Brown pays good money for material like this! And these clowns expect to be taken seriously after 6 years of making themselves look complete fools by crashing the share-price by circa 94% after telling the market they were now going to use their multi decades of industry expertise to 'monetise' the assets for shareholders........ AIMHO/DYOR ps: if the new MD was brought in for his 'expertise' at putting together highly competitive development costings for new projects, it begs the question as to how he supposedly found these new 'savings' over what he found when putting together FS-2! |
Posted at 05/4/2024 12:46 by mount teide RR - unlike the fantasy land world you live in, the market lives in the real world and has voted with its feet - valuing the company at a share-price a completely catastrophic 3.5% of what it was worth when Manini commenced monetising the assets.I actually owe Manini a great debt of gratitude - had he not been publicly hoodwinked by the industrial scale fraudsters running Aeturnum Energy, I may not have exited in the two week window available at circa 5.5p, after posting my research on the criminals that was freely available in the public domain. That investment money, as posted at the time, went into Savannah Energy - I would now need a 31 bagger at the current ARS share price to break even, if I had listened to Manini's appalling Due Diligence on the Aeturnum criminals, rather than carry out my own research on his 'carefully' selected strategic partners. And possibly as high as a 100 bagger if Savannah shortly come out of an RTO trading suspension at the market consensus valuation of the enlarged company were the deal to complete. Yet, even that 100 bagger circa 50p ARS share price would still only be a quarter of the £2/share valuation some of Manini's online propagandists like Montim were once freely posting on here -after some of us started calling out the management for repeatedly failing to deliver on any operational and financial development targets given to the market - including boldly claiming the management would not sell out for anything less. Predictably, now long gone, all that remains some 5 years later is the same smug, sanctimonious arrogance of the well heeled management and, the investment destroying 0.5p share-price they have since delivered. AIMHO/DYOR |
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