Member Info for Mikey279

It’s a good question, I personally had hoped for the LFT to come to fruition (full flow max supply recurring revenue) well before AVK, I still think we’ll reach this over the next few months so there will be a good opportunity to reassess

It will spike on any news currently, but you need to remember it will be revenue generating at potential levels which have a silly ratio vs mcap (£30m+ profit per month) so you’re more likely to see stable growth as money talks in the end

A good example was NCYT (a largely pure Covid play) when they dropped from around £8 to £5 on vaccine news, but rebounded quickly due to cash and sales figures - I’d expect something similar if we’re up and running and AV6K flops although it could be the difference between £10 and ever reaching £50

Indeed, take us back to £2.75 when we just passed CV and were awaiting a few deals/contracts headed to £5+

It's taken a lot longer than expected but we all know it's coming

Nice but cash seems low?

Genuine question 350k burn per quarter 1.5m at march, so half way through that....?

An up front cash deal would be nice of course

nice but needs cash.....?

Hope we gap up on an RNS and Jupiter have to close at £2.50 :)

have you been blocked for blowing up your mates phone yet?

Hi Hawk,

No of course not! There were a bunch of people buying in over the past few days and it didn't flip 50% + so probably bailed, but the RNS's suggest a massive step in the right direction

Goodluck

Leak....?

Incredible how twitter can move this FFS

zzz let the rainbow chasers out, if you can't see value here then....

Silly MM's marking it the wrong way probably only read the covid section, should reverse

Looks like progress to me
A lot delayed due to COVID but:

Drilling underway
DOID new holder a large mining contractor
Looking for finance to fund to production
5 NDAs
AE out
Permit awaiting drilling data first

Right moves after several months of dismay

We've been here before!! AS would be silly not to have anything major signed prior to the update ;)

Volume and interest is definitely back.... looks like a few punting on AE being out, should get a TR1 soon, but more interested in who the shares went to (possibly a JV?), nice flip in sentiment again after a long wait since the DEC/JAN debacle....

As per June 1st RNS:

Partner Discussions

With copper prices at multiyear highs underpinned by large infrastructure programs and a major transition to renewable energy underway, Asiamet is very well placed with one of a few shovel ready copper projects in Asia.

As anticipated the Company has had significant inbound interest from a number Indonesian, Asian and US investors seeking to partner with the Company to develop the BKM project. Confidentiality agreements have been signed with a small number of serious investors and discussions are progressing well.

"With copper prices at multiyear highs, the Company has had significant inbound interest from investors seeking to partner with us to develop the BKM copper project. Discussions are being progressed with a select number of groups who can bring substantial capability and value add to the BKM project financing and mine development.

We have a lot of financing and development related activity in progress and are looking forward to updating our stakeholders as these important de-risking milestones materialise."

Top riser today..... triggered by the £7m sell print which appears to be AE exiting, over what appears to be 6months + of drip feed

-Funded
-Permit news due
-Drilling commenced
-Surveys due
-Partnerships/investment discussion update due
-Rising copper prices
-If AE are out then that's worth a re-rate in itself

Way way under valued at just under £50m mcap IMO

Looking at volume, they have been selling for over 6 months - plus news is overdue on many fronts since the June update

Cashed up and sky high copper prices, just above placing price

Perfect storm

Ignore the bell end who couldn’t even be bothered to check the shares in issue being spouting overvalued

Yes there’s P/E and increasing production to factor in plus a safe jurisdiction and higher oil prices - let the churn happen it’ll rise once they’re done IMO

Is it another night of bedwetting?

Yes it has been highly disappointing being led up the path for almost a year with no material contracts to date, but do remember we have an approved product on market, have validated the IP of our platform and have gone into trials on a potential game changer for humanity

The scale up period was always going to be quiet and 'slow' as per presentation- the hopeful (me included) expected contracts shortly after approval, a more realistic scenario is that there wouldn't be any serious discussion/negotiations until it had been rubber stamped - especially in a now more saturated market with demand, prices, variants and macro factors changing by the minute. Contracts/deals touted at the three-digit £m's per month take months to finalise - when you consider lawyers, negotiations, supply chains, contingencies, distributors etc etc, anyone with any business sense would know this.

Fortunately we're likely to be at the business end of a deal of some sort landing and it will only take one of these to flip sentiment on it's head.

Don't let the share price dictate your investment decision, because I'm sure there'd be minimal complaints if we were still at £2.50, has the opportunity changed? If yes then sell out to a comfortable level, if not then hold out and ignore the bell-ends, we're closer than we've ever been

cristalballsack you forgot to mention your 16p entry again