Member Info for Coldjoe

topped up £10k worth in smaller trades today, gl all next year

yep, can't even buy £2k worth

well so far is has been derisked and SP is lower, so who knows :D all shall be reveiled next year

Meanwhile can we please consolidate around 6p and not 5p... again

Roll on January, RNS says that corporate update will follow the AGM, would be noice to hear something about the value enhancement activities and progress on the forestry permit

yeah I remember that one!

fair play, I bought back too early, holding till March anyway tho

well some details about the IPO and confimation of the 7.5mil in the end of Jan might help, time will tell

yep... would be nice to create a new base at 6p and consolidate there in Jan, we have been around 5p long enough

AIMtodeath you misunderstood, I did not mean to excuse anything, I’m happy with the way I did it;) otherwise don’t be bitter, if you have serious doubts about the deal and the company, then reduce your holding or sell up completely, cheers

I meant nerves of steel for the constant selling and stagnant sp, otherwise I have added too today at 5.4 hope blue day tomorrow onwards....

well did not expect it to drop again today but on the bright side the volume is pretty good, we all know this will be higher come March, but nerves of steel required meanwhile

well they were pretty clear they would spend the money on development of Beutong + maybe some new opportunity, which would be great I think, otherwise I don't think ARS had big cash burn historically compared to other mining explo companies

Ah and last update re the forrestry permit and value enhancement activities was on the 26 of June (see corporate update RNS) so it would be nice to get some update on that early next year since the SPA is now signed (maybe news before the AGM in Jan?)

btw Calypso and Jbrier I have sold half of my holding here 6.2-6.4 but actually bought more than I had before at 5.6-5.8, top slicing some of my UFO and OMI because I really like the value here, so not really derisking, plan is now to wait for March or top slice some at 8p if we reach this price before then, gl all

Morning guys,
DD77 - have a look here https://asiametresources.com/wp-content/uploads/2020/11/201111-Asiamet-NOV-2020-Presentation.pdf
-The timeline states the the construction of KSK (BKM) should start as early as next year with first meaningful production in 2022 (slide16) although we are still waiting for the Forestry permit for production which is in process (slide 13) - hopefully coming soon
-No mention about plans for Beutong but with the 2.5mil we just recieved now and 7.5mil coming end of Jan I hope they will reveil some drilling programme soon

Masterplan - the lastest broker valuation is at 14p after the KSK deal announcement: https://www.proactiveinvestors.co.uk/companies/news/930998/liberum-sets-a-14p-price-target-for-asiamet-based-on-recent-ksk-deal-and-a-comparison-of-beutong-with-cascabel-930998.html

Otherwise yeah reaction to the news was a bit underwhelming (the mm did not even mark it up in the news) but holding Asiamet you will learn that it's a frustrating slow burner but will get you to the destination eventually, in this case hopefully 8++

Important thing is that we have just been largely derisked, the value here is obvious and growing with the price of copper, which is predicted to outperform next year (https://www.cnbc.com/2020/12/02/goldman-sachs-says-copper-prices-could-soon-test-record-highs.html).... merry Christmas all and profitable next year

welcome back mate, I'm back in at 5.6 with all I sold too

it's just trading, I bought back and I'm still here, don't be hurt, the price action is not my fault

btw I advice everyone to look at HZM, they had somewhat simillar reaction to their financing news and did the main move up two weeks after the RNS, patience required here as we all know :D

Hello everyone, I don't think there is anything wrong with the deal and the market likes it (it did +10% on it) to be honest I anticipated this reaction and sold half of my holding 6.20-6.40, will buy back soon but still waiting what will happen, it is all just buy rumour and sell the news- it is frustrating but if you can wait till March it will be higher..... anyway merry Christmas all and better next year !