Asiamet Resources Ltd - developing copper-gold deposits in Indonesia, including BKZ deposit in Central Kelimantan - For the first half of 2022, net loss widens to USD4.0 million from USD2.4 million the same period a year prior, as a result of higher exploration and evaluation expenses.
During the period, Asiamet completed the due diligence process with PT Delta Dunia Makmur Tbk, which covered all technical workstreams. Asiamet remains in ongoing talks with regards to consolidating a partnership to advanced the BKM copper project.
Current stock price: 1.10 pence
12-month change: down 56%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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Asiamet Res (ARS)