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All very well having these NPVs and speculating about takeover prices but why isn’t anyone asking why DOID aren’t bidding? Nobody is close to this than them. To me it’s blindingly obvious they’ll take us out, I just hope it’s soon rather than later because I can’t imagine the $4m lasting that long.
Yes that's my estimate of around a 4/5p takeover offer.
Given BHP have just bid for Anglo American for their copper and others are expected to submit counter-bids, I certainly wouldn’t rule out 5p plus for ARS
All spec stringer, mentioned on another board further fund raise soon, personally think financially OK at moment after raise back in Nov 23 of 4 million talk of partner, selling some of assets or all, banks coming in too finance, ect ect. all be revealed in coming months or sooner GL
Correction: asset valued at 5/10% of what we know "so far" to be in the ground. NO ONE knows how extensive the KSK
resources truly are .
It should also be noted anyone who bought in at 5p will never see that back.
In a short while they'll need to go to DOID for another dilutive fundraise. Doid will then likely own 51% of the company, they already own 34% of it. What do you think will happen then. Either they'll take it private or make a low ball offer. That's the state of things here right now.
The asset value is between 5 & 10 percent of what in the ground .
You do the calculations
2p sale I reckon.
Net asset value is relevant if they are selling to a bigger player. Which I hope they are.
Been about 6 months since they approached the bank (whoever they are) it doesn't take this long for funding. They've cleaerly pulled out and said NO.
They'll get funded. No problem there...They are ticking all the right boxes as they go along...
NAV is irrelevant if they can't get funded. Until funded NAV may as well be 0.
The NAV off this share is worth many multiples of the current share price.
Anyone getting in at these levels have timed it very well.
If the company get their starter project, BKM, off the ground this thing is going to seriously re-rate. Multi-bagger opportunity IMO.
Up on small vol, seller not so active. Been threatening break out 4 some time
Copper price pushing towards $100000 a tonne. Looks highly likely to make a new All Time High soon.
Asiamet continues to be valued below 20£million. For a company with an advanced copper project that will generate 25,0000 tonnes Copper Cathode annually the level of cash flow is enormous.
I highly suspect we will see the first offer for KSK come in shortly.
Copper price surging upwards again today. Yesterday at the close you couldn't even buy £500 of shares. Not much stock around at these low levels. Let's see if all the stars are aligning....certainly looks that way
Leaky? 14 trades lol.
Asiamet has been leaky for years.
Current volume increase and share price movement upwards suggests something of significance is coming.
We all know that this could easily double on one rns.
Downside risk is minimal based on market cap being so low.
It’s a compelling short term trade.
Sadly I agree with stringer. Copper price has changed but I've not seen any signs of progress with ARS.
It's been positive for 10 plus years. Looks like the bank said no.
It’s been a really positive few weeks here. Some decent size buys.
With ARS having an oven ready project, potentially a takeover target/joint venture play. It's a screaming buy at these levels.
0.80 paid there.
4.5045
+0.0680
(+1.53%)
https://www.investing.com/commodities/copper-streaming-chart