Member Info for Coyote2020

What's this, more entertainment Columbo?
For someone who justifies their actions by saying posting on BB is only entertainment and everyone knows has no influence on the sp. Social media has moved on since those days and is not just the curiosity it once was. You are an anachronism sir. It is time you exercised your fetishes elsewhere and not on these financial pages.

After 9 years, the mine is built, paid for, fully depreciated, FCF positive since 2025/26 and returns received as set out in the BFS, what is the future upside for this project?
Multiple satellite deposits offering high margin polymetalic (multiple metals) ore feed as recent drilling at the BKZ deposit clearly demonstrates, all within the KSK CoW and all within trucking distance of the BKM mine site.
Comparisons made (interview) with other typical VMS (cluster deposits) in and around the world for LOM extentions of 40+ years.
The business proposition speaks for itself.

Dyor.

Thanks for the reply Cardo.
11% is a sizeable amount and can only be a question of when imo. Something to keep an eye on. There must have been a contract drawn-up to this effect keeping this arrangement in good standing.

The UK (junior) mining sector has been in decline for many years illustrated by current m/caps, across the board.
Assuredly as day follows night fortunes will change and will take only one event for an inflection point to occur and is long overdue. The Asiamet/DOID deal could be such an event. Having progressed from explorer, developer to producer almost and revenues on the horizon, will bring a whole new set of investors to the fore. Good news for the industry and a breath of fresh air to the rest.
A new CEO in a couple of weeks or so, then maybe the Chairman could take 5 minutes and catch his breath as well.

All imo.

Not wishing to throw the spanner in the works here but as a potential new investor, I am very interested in the legacy asset/11% Royalty on zinc tailings at Kabwe.
The Prospectus refers to Dec'19, 2 1/2 years ago. The tailings remain on-site to be processed at some point, the complexities must be known as the plant used to be called Sable Zinc so the 11% proceeds would be a steady earner.
Anyone say, with holdings in Jubilee, can update update as to JLP intentions.
Many thanks.

Now is as good a time as any, inspite of market sentiment.

A few takes from the interview,
1/ District Scale VMS style geology of stacked lens and higher grades.
2/ Multiple satellite deposits - 18 identified to date.
3/ Polymetalic in nature for multiple metals within multiple deposits for extended mine life.
4/ Recent drilling at BKZ demonstrates the potential increase in value (×5 in this case) for higher margins with the discovery of additional metals within the rock per tonne.
5/ BKZ is only one satellite deposit and is exclusive of BKM.
6/ Once BKM (copper) is constructed no further infrastructure expenditure is required to exploit the additional polymetalic deposits.
7/ Zinc is a contributor to the Green transition.
8/ Indonesia has all metals and is the largest nickel producer in the world.
9/ The Government intends to make the country a powerhouse for energy transition metals.
10/ Ev battery manufacturers to invest in the region.
11/ Tesla to invest and secure future nickel supply.
12/ Foreign investment is pouring into the country (see previous post).
13/ DOID engaged independent assessor for due diligence.
14/ DOID unfamiliar with metals and mine ownership request further due diligence.
15/ Advanced financial due diligence to add confidence and satisfy the above.
16/ Decide upon a preferred Bank for the debt facility.
17/ Further independent consultant (ITE) appointed to assist in this process.
18/ DOID and ITE to present to the preferred Bank.
19/ Newpro to upgrade the 2019 FS to a BFS.
20/ All reports to be completed next week for final presentation by DOID and Asiamet to the Bank and the Plan of Execution signed off.

Dyor.

Check out the interview over on YouTube. It's a must.

Correction - due diligence with DOID completes in H1.

Predictive text error.
The deal completes in H1.

The deal completed in H1.

With the deal completed, Asiamet will be established in-country, partnered with DOID for 51% of Indokal a subsidiary of ARS and satisfying Indonesian ownership requirements from the off. Given DOID's capabilities, track record, rate of expansion, consumate ease in raising capital and a newly acquired appetite for mine ownership and operation, will provide a solid platform into the future for ARS and it's 49%. But this is not the whole story, it is only the beginning.
Asiamet remains independent and retains an 80% holding in Beutong, a Tier 2 copper/gold asset also in Indonesia on the island of Sumatra. Potential here to increase to a Tier 1 with minimal drilling scheduled for H2 of this year.

Dyor.

OK, so the ground was in China, but the Chinese don't seem to believe there is going to be massive over-supply anytime soon.

Dyor.

Like magic. Thanks.

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.

Ella,
There is a useful article over on Mining.com titled Mine auction attracts 3000+ bids for Lithium....
Would be good on here. Don't know the technic to transfer myself.
KR.

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?

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.

Looks like a final surge in de-ramping before the inevitable buy back-in. Absurd price projection. Dream on.

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.