Asiamet Resources Takeover Rumours (ARS)

@bukowski Are you a shareholder here? Because it’s weird behaviour to be such a TM fan given you’re certainly down if you do hold. Apply some critical thinking. “what would you do if you were DOID, Einstein?â€￾ I don’t claim to be Einstein but I think running a share price down over a few years whilst someone else funds all the pre work before you sweep in with a takeover offer is a smart move. And that’s exactly what I see happening.

I disagree the Asiamet corporate costs are baked into the bank loan and offtake agreements. I’m equally happy to be corrected if that’s wrong though. I am also looking to the future, I just see it differently because I see a DOID takeover. You laughed at that, so we’ll have to see who laughs last.

I still very much doubt a full takeover by DOID other than a full backing of a willing partner. Such funding received will take us through to credit approval and, ultimately mine construction along with off-takes etc.If DOID wanted full ownership they would not be putting in a few $m here & there they would have bought outright by now. What they are doing is ensuring Asiamet survive all the way through to mine construction of the first project to which creates profits and an opening up of all the other areas. I would far more have Asiamets relationship with Doid rather than Phoenix's with NIU or, to the extreme HZM.

Cash balance must be running on fumes, so I’m expecting the next red carpet placing for DOID within the next week or 2. Maybe 0.65, badged as a great deal and enough to take us through to a finance decision. My hope is the copper rally prompts the full takeover and we can all put this behind us.

I do agree it’s not just ineptitude it’s a deliberate plan they’re got in place. Sooner this shitshow and its supporting cast of anonymous gobshites wrap things up with the DOID takeover the better.