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So stay with the negativity and with any luck you may well be proved right again. More de-ramping?
Your not the only one to have been here 6 years.
Good Times ahead. 2022 will be a transformational year for Asiamet, from the much reproached CEO.
thanks thornback - i tend nowadays not to respond to these pathetic posts by different people just randomly turning up expecting the discusion thread to be all positive when the share over a long period this has been a disaster.....some of us would have lost alot of money keeping the faith....
It's more a reflection on them and there reasons for posting - i've only posted 5 times since March waiting for this news.
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If you remember a guy called MountTwas posting here regarding the AE deal, he keep getting slated for being perceived as negative but actually turned out to be correct....
To be fair BJ, Mikebassetts has been here circa 6 years that I know of.
I don't think that posting frustrated but factual posts is deramping.
There has been a few false dawns with this company.
He used to be as upbeat as some others on this BB are now as did I.
The de-ramping chuckles brothers(mikebassat and Leem) enjoying the air time again. Motive is as clear as day.
I think the prospect is going to be developed soon enough.
For someone who claims to have sold their position in this stock on or about 22nd Feb'22 when the share price was 2.375p only weeks after a 2.8p+ peak and continues to post on this Web page, constantly berating the CEO and more, repeatedly cites a share price heading towards 1p, his motives are clear. The question really is, why is everyone else required to put-up with it?
Swan- investors have been waiting years for them to get ANYTHING done
Swan / Sasha, could you let us know what the company have privately briefed you this week?
Coyote. They just need to get it done and through the process, market will follow after
I can understand the frustration of not having an end date to the due diligence.
The sp can be ramped/de-ramped no end of times for 10% or whatever and with an end date, can be sure of not missing the boat. It's a tough life!
All imo. Dyor.
man with 10 posts telling other people (some long term) to sell up :)
Precisely this. Failure after failure, delay after delay, guy talks Bs and is useless. He’s killed all shareholder value and confidence and made this company totally uninvestable
Nothing they could tell us? That's the feeblest defence of a company I've ever read on LSE. I don't have a vendetta against Manini, but I do think he's a complete incompetent.
In Nov 2021, ARS granted DOID an exclusivity period of "up to 90 days" with a strong implication that as things were well advanced, that full period might not be required. Towards the end of the 90 days, ARS announced an extension to the exclusivity period, but could not confirm the length of the extension but would give details as soon as it was in a position to do so.
Incredibly, we're now at the end of May and no update has been issued, but by default, the extension period is longer than the initial 90 days. It's a Manini masterstroke, we're well used to him missing every (self-imposed) deadline, so now he's given up on deadlines altogether and apologists like you limply suggest maybe he hasn't got anything to tell us.
Looks like a final surge in de-ramping before the inevitable buy back-in. Absurd price projection. Dream on.
The lack of Comms is poor but maybe there's nothing extra they can tell us. If you're not happy with the company then sell up and move on, seems like they've let the situation get to them and now got a personal vendetta against Tony.
No, people like him should not be allowed to run a company. He is a liar and destroyer of shareholder value
People like you should not be aloud to comment! He has shares himself so why would he want it to go to 1p!!!!
1p imminent. Inept manini doing what he does best. Destroying sentiment, which is now completely shot. Any rally and news will be sold as he has finished this company
Great post
Delta Dunia forecast revenues and ebitda for 2022 are US$1300-1500M and US$320-380M, a 51% and 43% increase on 2021 results respectively. The ebitda forecast would have been higher except for a major Capex (US$340M) spend last year furnishing two new contracts with plant and equipment. Financed with a bond, with modest debt repayments in the interim, and the balance repaid (61%) in 2026.
14 years ago, the company was in the textile business. Selling out and purchasing BUMA in 2009, focusing on coal mining contractor services. However, their narrative is changing with more emphasis on future (growth) plans and diversification into base metal commodities (initially copper) and building on their mining services capabilities, expanding into mine ownership and operation. An adjustment in overall strategy making the KSK CoW acquisition more 'core' or central to their objectives and not just an add-on imo.
A propitious progression.
Dyor.