Member Info for Tardis

Strange indeed, but SP is moving up which is all that matters. Something clearly happening in the background. Takeover coming??? £3 please.

Come on BOD, you must be able to find some interested parties…

https://www.reuters.com/business/autos-transportation/ford-signs-45-bln-investment-deal-with-vale-indonesia-huayou-ev-battery-material-2023-03-30/

Or bid even ;-)

No-one’s paying 20% above ask in an end of day auction

Unless Glen are up to some shenanigans to try to race the SP up

Some of those afternoon trades must be buys, unless the MM is happy to hoard shares.

Wonder when the TR1 will come and whether we’ll see a buy side TR1 as well (or a large buy trade reported at some point)

There is some serious share dumping going on which I would reckon is from quite a significant holder and it has been going on for a few weeks now, and is driving the SP down.

Fortunes can turn around. A decent feasibility study followed by some positive news on licensing or offtake and the SP can be up and running again.

Darryn has alluded to expecting the FS being positive in a few interviews - and it is nearly complete. I don’t think he’s a bullsh*tter like TM so I think he will be true to his word.

Continue to Hold but would like some decent news now…

But no TR1 for a long time…

I know what you mean, but Darryn needs to work on his promotional stuff. He goes down an alley discussing minutiae and by the end you don’t really know what he’s talking about. I do think he has turned Asiamet in to a much more serious mining company though after the years of bluster, false dawns and studies that tuned out to be not fit for purpose. They really need to get this FS stage wrapped up now and push in to financing. What are we, five years behind schedule? Remains a hold for me - I perhaps have six more months of investor patience.

They need Darryn to do the detailed work, which he is clearly good at, and Tony to do the interviews.

Final post…

Could the 500,000 seller be Steve Beetham? Didn’t he buy millions of shares here (at about 6p if I recall)

Or Bruce Feng?

Can’t be that many holders with multiple millions of shares

Poor old Darryn McLelland must be wondering what he has to do to get the SP to move up. He probably isn’t fully aware of the reputational damage his Chairman did to the company in the previous five years.

That said, they are finding it hard to catch a break now. Today’s RNS never deserved a fall in share price…

If the SP doesn’t rise here, presumably they will have to sell the company and forget about building the mine themselves? How can you do an equity raise of $100m+ when the company is worth a fraction of that amount?

What does this bit mean?

‘To assist in mitigating these cost increases the Company has reviewed the scope of work under a contract mining scenario and elected to take additional responsibility for certain activities outside of the mining contract scope. A first principles cost estimate for mining operations is being prepared to benchmark cost estimates provided by third parties.‘

I really hope the FS will be released no later than April 10th. That will be 2 months from the last RNS. I also hope this market doesn’t turn truly sh*tty just as Asiamet start putting out good news.

When will shareholders get put out of their misery?

Really tests the patience. When is this company going to finally release some decent news…

The problem is the endless delays. Any momentum that starts to build just gets shattered. That said, I am hopeful for a happy(ish) ending here - by that I mean getting my money back

I predict shareholders will get nothing. Just my hunch and grateful for the comments of those who clearly have much more knowledge of these situations.

A cheap takeover would be a favourable outcome at this stage IMO. Not sure it’s going to happen though. Unless it’s very cheap.

RNS basically says - we did nothing for the last 12 months, but we might do something in the next 12 months. Yawns…

Very doubtful it will be six months. Could be two or three though reading between the lines