Member Info for updo

The world does not need more copper it needs a systemic change.
Initiate that change and the world will beat a path for your copper.

Tardis , mate I may look like him if that is what you are referring to but no
I do not know his story. Never the less I would not dare judge a book by its cover.
Cheers

Investors are streaming out or jumping in by the bucket load it seems. What time is it I wonder? Time to get in or out?
Have we reached a kind of bottom of the cycle, running anti clockwise maybe or simply lost our bearing?

Until Tiger's move and Tony taking charge the Company was run by people who were inexperienced in mining affairs
but with a vision. Mansur defined it this way: "our exploration efforts and community efforts are one and the same"
This vision lead to many successes despite their lack of experience and opened a lot of doors. Benefits that are still felt today . However this lack in specialist knowledge became with time too much of an handicap.
Then a complete change of management and direction with a board very savvy in all matters of mining industry but putting all efforts on the technical and mental aspect of running the Company. Some may dispute that but I give you a example: ARS 2018 annual report Chairman's report ( go read it and spot what is missing)
So it seems possible to me that the former did not achieved their goal due to lack of the right kind of
brain power and the later are unable to achieve theirs for lack of heart.
Maybe Tony's team are worry that it is not kosher, that's not how a Company is run. That Shareholders and profit has to come first and only to share a few tokens with the other stakeholders. Well I would say , and you probably agree, we certainly live in strange time. So maybe this is the right time and right vehicule to be surprised.
Mansur'vision together with the Board collective expertise would be a formidable force in my view and may well be enabled to surmount everything that is throw on our way.

Strategy or no strategy Is that really ARS question ?
Past board with no mining background (except Mansur) managed to sign J/V with Moloppo then Cyprus then Oxiana and the latest was Freeport.
They managed to clock $55Mil in exploration expenditure while shares only numbered roughly 170Mil before
Tony made his move on KLG.
Now we have a plethora of mining experts on board and we are stuck in first gear. Figure that one out .
I suspect Tony probably thought KLG was easy picking and so did lot of investors .
Should anyone ever asked themselves what was the catch? I hear people saying about ARS
that good things comes to those who wait. I believe that will be true one day. However one should not forget that
" patience is not about how long one can wait but how well one is behaving while waiting "
All the best

... not just Jakarta that's sinking...
East Kal. choice is a set back no doubt about that. The majority of new Infrastructure development like roads rail shipping etc will now be concentrated in the Eastern part of the Island and we probably will have to rely on ourselves . It may be ok with BKM but what about the larger prospects?

I hope for you that you are right.
I have a different perspective. Lights are turning off one by one.

Well well what do I know? I was really pining for palangkaraya & Central Kalimantan. I think It would have given a boost to ARS and help develop what is arguably the richest of the 5 Kalimantan regions. That was asking too much . Very disappointing really .

http://world.einnews.com/article/494523844/hKfMGzGFoQrm7FsN?lcf=aQXEpy7bz8uWEz6I_cIk1hgiukZhItDMvj0LKQ7YI_8%3D

My money is on Palankaraya . What an opportunity to build a city of the future!

"I am doing this whether it's good or bad for your statement about, 'Oh, will we fall into a recession for two months?' The fact is, somebody had to take China on," Trump said.
Don't you be fooled. China may look tame but it is not a domesticated cat but a tiger. Feed him so as to keep it at bay knowing that you have to keep feeding it or there will be no rest.

The case of CNMM Co in DRC
https://docs.wixstatic.com/ugd/81d92e_c1cc8faa519a4a2f827e083534249e07.pdf

Once Indonesia's new capital location is announced things will start moving very quickly. Shortly after unprecedented demand on all kind of goods and services and shortage of skilled trades people , technicians and labourers will create steep rise in costs.

Cause and effect or something else?
Sorry for being a wet blanket but the lack of progress is not due to copper price. Nor delay in receiving permits nor
lack of funds nor Kalimantan peat moss/forest fires nor racial tensions nor govt changing mining laws nor trade war neither
caused by the great financial or economic crisis , currency devaluation nor political upheaval ... all these and many more events experienced over the years are imo red herrings if used to justify the situation at that given moment in time.
But hey we are still in business right! Quite remarkable if you think about it. So what is really out there that keeps this
venture alive , yet will not yield.
I hope you will not think that I am dishonest here but I do not have the skills to formulate my view on what is taking place. To illustrate I will use Tony's video own words " We first have to crawl before we walk and walk before we run" I like to think
that Tony is aware there are very good reasons why one is crawling before walking and also knowing how to crawl does not guaranty that one day the baby will walk. Nope. The natural process of what needs to happen between crawling and walking is the building up of muscles and strengthening of bones structure.
Is Asiamet maturing in such way that when it will finally walk and then run its leg will not bow under the strain or its muscles too weak but for a few shorts steps?
Who can say what is buried out there although I can see on the video on the face of the BOD that like me they have a fair idea . I can only hope that they are preparing well and not underestimating their part of responsibilities . That is that the company will be ready to grab the opportunity to do great things that will be afforded and ensure that the wealth is not squandered .
Good luck all

https://www.youtube.com/watch?v=ntxHh4-of7M&feature=youtu.be
(with some forestry answers)

In a way after three decades and more nothing has changed. Everything seems so near yet so far.
To think some people call for a takeover. In essence will that change anything I ask myself.

Tardis show us where this is confirmed. Plus I am not talking about BKM , which is one of the smallest disoveries on KSK, but about the others prospects on our concession.
...... The next major regulatory milestone required for the commencement of project development is receipt of the Pinjam Pakai or “borrow and use” permit from the Government of Indonesia Forestry Department. Work is now underway to secure a number of the sub-permits required to fulfil the requirements of the Pinjam Pakai.... ARS news dated 17th July

https://world.einnews.com/article_detail/492985365/RDYZbkVp1p7Ytxz9?n=2&code=iHSLUMwAOOUDWNt8&utm_source=NewsletterNews&utm_medium=email&utm_campaign=Indonesia+News&utm_content=article

This is an interesting development. Do we yet have the crucial "borrow & use" permit from the forestry dept? We may have scraped thru with BKM but what about the rest of KSK?
Kalimantan is endowned with tremendous mineral wealth . A great part hidden in the forestry area. How are they going to
resist the pressure of the mining industry and who will be given access?
This is why it is absolutely vital for Asiamet to go the extra mile regarding CSR policies if he want a chance to get one day
access to the great mineral resources that we know is buried in our concession area.
BTW this was anticipated right from the outset of exploration activities. Mansur always stipulated " no access no mine"
and so imho we have to constantly remind ourselves that been granted to dig the earth it is a privilege not a right.
Good luck all

https://punchng.com/indonesia-moves-capital-from-sinking-jakarta/
My bet is for Palenkaraya in Central Kal. No surprises. Already President Sukarno after Indonesia became independent wanted to set up the country new capital there.

The hornbill was not choosen at random I recon.
In the Dayak culture it represent courage . One other of its qualities are that
Hornbills are dependable seed dispersers. Everyday they eat large amounts of forest fruits. Hornbills can also fly over vast areas. If one hornbill can scatter one seed a day, imagine how many seeds it can disperse in one year! This is why hornbills are regarded as true farmers of the forest. They are able to scatter seeds and help natural forest regeneration. Without hornbills, the forest would not be able to grow and flourish.
The hornbill is our logo. This bird represent my personal view how I see our Company albeit for the fruit of the earth instead of the forest.
I posted here many times before that Asiamet needs to have in place truly far reaching CSR directives. NOW ! I have never ever underestimated KSK potential. A boom will bring us wealth but can also have dire consequences for the people of the region. If the shareholders have the commitment will not only those devastating consequences be avoided but our Company can stimulate economic growth and bring prosperity over the land.
Is it really a wonder why Asiamet has yet to take flight?

I have no misconception about Bruce . In my personal opinion he is not a person who has Asiamet first interest at heart.

Lots of people investing for the wrong reason that is why. They put a bet and hope their horse will win them a fortune.
Sorry to disappoint you with that answer. On the face of it they think their horse is in the race but it keeps been scratched time and time again. But don't you worry , patience. When the time comes we will all know it. Not only we will have a winner we will have also a whole stable of champions.
Good luck with all your investments

Why be concerned with trade war and China. The Authorities have set aside 300,000 hectares of land in Central kalimantan and Indonesia is about to build itself a new Capital . Right on our doorsteps and they will need a lot of copper and other metals.
This new Capital will herald a new age for Indonesia and Asiamet will be right there piggyback on this nation building.
However for this to happen we will need to be willing to play a positive supporting role. Then As the City and the Country grow so will we .
As O.Hegarty said many years ago regarding " KSK " ...watch this space!

reaction as a well connected new member join the board along a few nice words from Tony pushes the share price up.
On the other hand when I think at how low the price of the last placement was makes me wonder to whom are we really
offering a seat at the table. Shareholders should demand and deserve a board member who will always be motivated to
look out for the Company's best interests.