Member Info for steven49

Sure it has not yet, if so money will be tight and if deal tantulam falls through placing, have say think this investment company is utter garbage,

Stop pumping Chris as u done with ciz your false

Chris was big promoter here I'm sure he sold out way back interesting his take on it

Thought was positive update, important next 6 months, looks promising,

Level of recent engagement with a potential lead senior bank and the ITE team lead has been particularly pleasing

Chinese investment in a variety of possible forms as being an important part of the Company's development plans. Company is open to any and all means of unlocking the value of its portfolio of assets which we believe is evident in the appointment of both advisory firms.

Discussions with several well-known and highly respected groups who have expressed interest in securing copper cathode offtake from the BKM project Some groups have commenced due diligence in support of providing an indicative term sheet for offtake and engagement with these groups and others

Body of technical work aimed at further improving both capital and operating costs is continuing. Since release of the updated BKM feasibility study, Asiamet has received considerable inbound interest from, Engagement has now ramped up significantly since the release of the FS Update with site visits to the BKM project site by bank and ITE representatives planned for mid-July.

Ouch not expecting that, reason 4 drop of late not sure what that rise was about too 4p back in April, pump

Since its announcement on 16 March 2023, the Company has received a further proof of payment of US$500k from Xinjian towards its purchase of Kazera's interest in Aftan, which is expected to be received imminently; the sale remains on track to complete in December 2023. HAS THIS PAYMENT BEEN RECIEVED

London South East

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Spread: 0.10 (9.091%)Open: 1.15High: 1.16Low: 1.15Prev. Close: 1.15

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PT Delta Dunia Makmur Increases Strategic Stake

7 Nov 2022 09:30

RNS Number : 5219F

Asiamet Resources Limited

07 November 2022

7 November 2022

PT Delta Dunia Makmur Increases Strategic Stake in Asiamet

Asiamet Resources Limited ("Asiamet" or the "Company") is pleased to announce a non-brokered, private placement to PT Delta Dunia Makmur Tbk. ("DOID") for £2.649 million (US$3.0 million equivalent) ("the Placement"). The Placement will occur at an issue price of 1.15 pence per share, a 17.5% premium to the 10-day VWAP. Proceeds of the Placement will be used to finalise the BKM copper project bankable feasibility study update, advance project financing works for the development of BKM, and for working capital purposes.

· DOID will be entitled to nominate two (2) Directors to the Asiamet Board for as long as their shareholding in the Company remains above 19.9% ("Prescribed Threshold") of the issued share capital of the Company. If DOID's (direct or indirect) shareholding falls below the Prescribed Threshold of 19.9% of issued capital, DOID has the right to nominate one (1) Director to the Board of the Company.

· DOID (or its nominated subsidiary) is provided with an option ("DOID Option") to subscribe for a further US$5 million of shares exercisable at any time after the earlier of DOID's two Directors being appointed or 1 January 2023, and within (12) months of the completion date of the current Placement. Any new shares issued through the DOID Option will be priced at a 20% premium to the 10-day VWAP at the time of exercise.

When will DOID will nominate 2 directors and buy their next $5m worth of equity. at 20% premium share price, if there that committed too project, money would be used 4 further drilling,

Once this tech proven work I asume a scaled-up commercial pilot plant system would be deployed to site 4 total proof of concept, some way go b4 commercialization + much more money be raised over time

Generally always had good spread on this company, plenty stock flip,

Needs be removed T M at AGM, Any1 no what his paying himself, failure should not be rewarded,

One things 4 sure been dog of company so far 4 shareholders, hopefully darren purchase of stock, AGM coming up gives us some hope that can move 4ward, and into finance production in future, awaid doids next move,

Dog of share over last 5 years and more, unless u traded it,

Also awaiting confirmation of director from doid be appointed, outlook 4 copper is very positive all play 4

6,791,666 warrants attached at an exercise price of £0.20 per share,

News mayb on off takes, and the leed bank