Member Info for updo

corr. one around it is surplus

I fully support AC83 position. Tony as CEO is much more preferable than anyone else on the current board (by far imo) .
I have mentioned here in the past that Tony had a great deal of experience and is an expert in his field but unfortunately was not convincing. It was of not great consequence so long as we remained in the shadows. Now that the company's assets are starting to crystallize attracting around it a shift in power around it is starting to appear.

If we possess a lighter we could have 2 options
one: we could benefit from a one off sale but resulting being cut off from the source of fire or
two : if we could keep it we will enjoy lighting as we wished ( for ourselves and share it if we wanted) and will have secured access to fire for a very long time to come
( I believe your great great grand kids will be grateful for your wise choice :=)
Remember what one of the earlier pioneer said about KSK " we were looking for a chicken and we stumbled on an elephant"
We have seen nothing yet!

Can vouch what AC83 is saying. Updo has never set foot in the UK :=)

Yes I am a little surprised that after all the anticipation and that we finally have a proposal Tony did not appear to me to display a great deal of enthousiasm . Compare it with early videos where Tony talks about Asiamet 'prospects with much more fervour and pep.

I would not welcome someone voracious on my board. Someone like that getting a sniff at KSK would spell the end of the dream.
On his last webinar Tony did seem too thrilled at the AE incoming proposal . Wondering who has the winning hand?

Thanks for your comments AC83.
I have been investing and followed this venture (KSK) for 30 +years. I believe it has potential that very few would even dream to suspect.
Over the years its share price has never being able to reflect its true value because imv people are not able to grasp its unique potential. As an indirect consequence we can observe that over the years it has had to face one challenge after another. Indeed The covid19 is just another obstacle on that long list and it certainly will not be the last one . No doubts in my mind, no matter what shape and form or who is in control of the ship .
It seems to me that it comes from the nature of the KSK futur development . No one yet know how it needs to be handled.
Mansur pointed out once in a KLG video when he said " our exploration effort and our social effort are one and the same". Inconceivable for the majority naturally. Unfortunatly. Even dimmer prospect now that we have on board v.large investors who traditionally demand their pound of flesh.
As for Beutong I myself don't ever mention it. It could become a fantastic company asset who knows?
Honestly it is of a much lesser interest to me because I always have looked at the KSK project as the epitome of game changer.

Tumb's up for your support of Tony. I hope I am wrong. Like you I thought for a while that Asiamet will make a mining magnate
out of Tony. Now I am not so sure. It looks to me that the table has turned . One should always watch who they are letting in the door.

First Stephen then Peter . Is Tony next ? Are the vagaries of this project taking its toll?
Wishing good luck to those who are going to make money , as for those who wanted to see the project get off
the ground under their watch may not be so fortunate. Nevermind, we all have to be thanked for our support.

Hahaha... AE does not have enough money for Tony to let go of KSK!

KSK is so much more than BKM and its satellite deposits it also has a number of potentially even larger ones than Baroi . Tumbang Hoi for example. There are also (many) extremely promising evidence of gold presence. Probably why the area is named Gunung Mas Regency (gold mountain) .

I compare Selling 100% of KSK to killing the goose who lay the golden eggs.
No one here has a freaking idea what kind of treasure is buried on that CoW. Too bad!

Thanks to people who took time to watch it .
For the others who may say " it is the futur that matters not the past " indeed; but the past is the past it cannot be changed.
@23.04 ..if we are successful WE must consider how the company sees the fate of Gunung Mas district....( I note here
the "WE " spoken, by the local Dayak leader) ....develop Gunung Mas.....Gunung Mas means
"gold mountain" there is no other meaning ....@ 26.13...Mansur: ....it's history Bro' ..not forget that!....
I apologise if I bore you but I have always believed that this venture to be unlike anything else. The scope for extraordinary
mineral discoveries being limited by our willingness to tie our holding to the pillar of life ...@25.00

A mountain is symbolic of the heart

A commercial venture like no other. Love it and proud to be a shareholder.
https://www.youtube.com/watch?v=v2piQck1z9E

..Airborne data confirmed no less than than 38 porphyry-style magnetic/radiometric anomalies in the COW area. At the same time a structural analysis of the COW block was undertaken using aerial photos, landsat ETM+ and radarset. It showed a good correlation between targets identified by geological and structural analysis studies... T.M.van Leeuwen -25 yrs more of mineral exploration + discovery in Indonesia 1993-2017
For any savvy investors Selling out now would be of concern and utterly unthinkable.
As far as I am concerned a miserly few P for my shares in what will one day soon to be revealed as the discovery of the century is just plain ridiculous.

Up or down things never stay the same. We live in a constantly changing world.
If a September 11 changed a lot of things the covid19 promise even greater change.
A Paradigm shift even?
Is it Possible that society overvalued individual survival of the fittest on the Darwin model ? Striving for self excellence at the expense of group happiness.
Is 'nt there always a point when More for me means less for somebody else and as the saying goes Happiness is not secured by wealth.
Be happy and safe.

It is not specific to one person or country unfortunately, so I am certainly not into anyone-bashing but the eagerness of some to dispose of their asset to the highest offer is not always the wisest of choice.
The relentless pursuit of higher financial return lead the all of us to become careless . Take the current health crisis. Why do you think the covid19 has taken such a devastating grip on the world and will lead to the ruin of the lot of its population? BTW How is it that Germany started to prepare for a pandemic outbreak all the way back in October? I suggest we start looking at who and why people are put in place of high authority . Trump is pointing the finger in the right direction but maybe the US should have done a better DD on the head of that organisation.
Mansur once said that mining wealth is new wealth so lets keep it truly beneficial for us and generations to come.
I apologise if you find this post out of context or offensive. Peace.

80 to 120 Mil for KSK is laughable or for someone who has not even an inkling of what kind of wealth is buried on the KSK concession. If Tony has the mettle this is his once in 10 life times chance to have his name carved in gold "LIT AF"
If ARS is to remain incorporated then wiser to Sell Beutong and keep KSK .
Before the pioneer geologist went in , the area was not considered auspicious to exploration and yet wherever they dip their pan or scratched the earth they found mineral evidence . In fact it was declared a newly discovered porphyry province. We have been concentrating on BKM (beruang Kanan prospect) since 1989 for 3 main reasons : ease of access to the prospect, to the mineral resource and its small size . BKM has started to be proven to be exactly what was predicted in the early days (about 100 Mil ton contain Cu) and the ideal starting project. It has been and will continue to be arduous , no matter who take charge. It comes with the territory. However ; how this wealth will be distributed need taking serious consideration. IMHO success depends on it. Maybe this is why we have seen nothing yet.
Happy Easter and be safe.

With what Tony knows : Giving up KSK ? Hard to see as firstly as an investor he be just about only breaking even and secondo as a miner who would not want to be there when the other concession prospects starts to show their true colors ? Permits and occupancy showed green light all the way oblige.

I feel for Tony. He does not know how to convince people no matter what even when he keeps digging out from his own pocket trying to prove for all to see that he himself has an iron clad belief in KSK faboulous potential. So do I by the way and a lot of others like Faldi for example.
There has been 4 J/V in the past. 3 contracted to majors loaded with experts and cash. Each one for a different reason lead to dead end. Now what good does Tony think it will do to ARS by signing a partnership with a commodity trader in the cusp of a incoming major economic upheaval? I do not follow.
Tony should know by now and so ought to all the new large holders that it is not the size of the balance sheet but about access to the resource that lead to success. That the capital of the company should be so or so guided by the size of the mineral wealth is irrelevant if we don' t have access. And we don't have access now and in fact we never had, ever. Time and time again the company faced an obstacle of one sort or another and the road to the resource has been continually obstructed. I named them here many times before just like I mentioned a month or two ago that the virus was the last one of a long list.
Now I don't pretend to have the solution , far from it, but imho we all need to think about what needs to be done to
gain that access. Does then the success depends on the opening and thus the key to these riches lay in the way its wealth is going to be equitably shared amongst all stake holders .
I could be totally wrong but if anyone else has a more appropriate answer about how to overcome the constant impediments I like to hear it.
Keep safe and healthy