Member Info for mikebassetts

i don't know - all i know is AIM stocks are news driven and we haven't had much..

not sure how you can blame anyone on this board.
if you aint' got some proper updates to turn the ship around then this is what happens - there's been nothing (not even interviews since April) just sporadic twitter updates which actually hasn't added much..

actually no one has to even say anything - it just seems to be going one way..

sizable amount of the market cap is now the cash balance

-- Company continues to progress the Inniss-Trinity CO project with its partner Predator Oil & Gas Holdings plc ("Predator") and has commenced site preparation activities.

some could be sells, hence a slight pull back..

What price would they get?

They need something like $200m to get bkm into production so why doesn't someone bid £100m to take the whole company? - amazing value when you consider the payback on the project is around 3 years , $45-$50m fcf each year plus all those value enhancements to come and the other ksk prospects (not to mention Beutong)...

RNS
new JORC resources out by end of Oct - all going to plan.

Dodger - same thing happened last year (went as low as 2.4p before going to 6p).I remember Hayden saying in one the interviews that the BFS could be out by March/April and they already indictive propsals for a large part of the financing..

Danny-how on earth is fda approval priced in?
the stx sharepriced doubled on fda approval to a market cap of £200m..

been a good week here ,lots happening so hopefully a return to new highs at some point.

the cash balance could become a problem if it's going take longer than anticipated - that's the issue with all AIM companies.

with $25m up front payment..
they've just got on with things and got a significant deal....

ARS management have yet to deliver anything of a similar ilk

we traded over 12p when the project were not as advanced..

i will add when (if) things settle down

your not the only one that's deflated with this...

appreciate your research swizz .
Company continues to give very little.

i've also voted against..

high probababilty now that they will eventually get the full funding for this project and all the other relevant permits passed

According to article below Darie mine starting production this year
https://theinsiderstories.com/bumi-mineral-secures-permit-to-develop-dairi-mine-for-30-years/

it's not a massive discount and at least it has cash in the bank ,but what happened to these alt sources of funding?

In any case fortunes of the company depend not on these placings but getting operations started , about time AM gave a proper update as to what's going on...

Of particular relevance to Asiamet, China NFC together with its Indonesian partners is currently building the Dairi Zinc Mine in North Sumatra, Indonesia and actively working to expand its presence in the country.

Tony Manini, Asiamet's Executive Chairman commented:

"The signing of this MOU with China NFC represents an important strategic milestone for Asiamet and we are extremely pleased to have the opportunity to work with one of China's leading mining, processing and contracting companies on the next stage of development of the BKM project. Engaging the services of such a highly credentialled Chinese Company to provide support for the value engineering phase is expected to enhance the overall economics and executability of the BKM project and provide access to a wider investor network in Asia.

Despite recent market volatility, supply-demand fundamentals for copper remain strong and while we still have a number of key engineering, financing and permitting milestones in front of us prior to commencing mine construction, the signing of this MOU and the initiation of the value engineering phase clearly demonstrates our ongoing commitment to developing the BKM copper project in the shortest timeframe possible. We look forward to providing further updates as we continue to advance the BKM project towards production."

not sure it will add much to the share price but a step in the right direction..

can't see it moving below 3.5p but shouldn't even be at these levels.
those clns have not helped...