Member Info for Tardis

I hope he goes down the US investor/partner route this time. Might actually play out, rather than the Aeternum blow-out we got in Jan. Wouldn’t solve the 50% Indonesian ownership problem though.

Mining licence should move the SP a bit, finance deals should push it toward 6p again. Long Hold for me.

Similar sentiments but if it hits 4p I’ll buy more

Which will be a good opportunity to buy more

Any time now would be great... waiting, and waiting, and waiting

Until the hedge is cleared, there is little prospect of meaningful profit. Personally I feel the results statement for 2020 should have given a forward indication of the Q1 production which they must have known was similar to 2020, and a reference to the hedge price. Not in the company’s interest for the SP to spike like that only to collapse again on grim results. Got sucked in to this one. It may succeed but one to forget about for 6 months I suspect...

I’m ready too Ezhik - and only been here 6 months. Time stands still in the world of mining investment...

One hopes the mining licence is going to be any day now. Hope so...

Couple of questions;

Has the ramp up in production actually begun yet?

Is a trading update anticipated for q1/h1 2021? If so, any ideas when?

Good interview, which really forced some answers from TM. To give Tony credit he didn’t duck the questions at all. It’s reassuring that he is heavily invested and wants the company to succeed for that reason. The macro copper environment couldn’t be better, so if he can’t get deals over the line now, he never will, and he sounds enthusiastic for the year ahead. The only matter that wasn’t discussed was the drilling - still no start date for that. Anyone’s guess as to why.

A few take homes for me. First is that the company is up for sale as I suspected - TM is open to decent acquisition offers, he spelt that out. Second is debt financing is probably a year away as impossible to secure without the Pinjam Pakai mining license, which is still pending. Third is that TM considers the company fully financed until production deals are done. And finally it seems Aeternum are neither selling nor buying, and may sell their block in a deal later in the year. Although they are free to do whatever they want of course.

Massive volumes continue, no movement in share price. The usual stitch up. Will move eventually. Painful...

Is anything happening at Asiamet HQ? I just hope the reason they have done near sweet FA since raising 10 mil is that a potential buyer has come in to the fray and the sale of the company is being negotiated.

Interesting...

Wow, this is going to take off very soon imo. Seen this many times on AIM where price is held down to fulfil a large order, then the SP gets let off the leash.

Any take homes from it?

Where are the shares coming from for all these big buys? Someone is filling the trunk. Can’t be long now until we get to know what’s happening here

We’ve all been there, but having been through years in the deep red, I’m sure you’ll get your 6.4p and more, and within a few months too

It remains an easy hold from this paltry price. The word copper probably didn’t open many doors two years ago, but it will now. Deal to be done.

I agree AE may be accumulating (or selling) - in fact I posted exactly this point last week. However, I also think TM may be trying to sell the company in the background.

My fear with AE trying to quietly grab the company is that it may go for a paltry SP like 4-5p. I would be particularly unhappy with anything under 6p. Over 8p would be a success in my book.

Near silence since the raise. Makes me wonder if management are busy selling the company.

Aeternum won’t issue TR1s until it suits them. Classic rogue behaviour.