Member Info for updo

Mr. Feng Sheng, also known as Bruce, serves as the Chairman of Melbourne based ASIPAC Group. Mr. Sheng has owned and operated several businesses over the years PREDOMINATLY focused in property investment and development. (Bloomberg)
Any decent project worth its salt ( which BKM /KSK is) will stand scrutiny and always attract funding so why the need of a property expert billionaire ? Do mgt lack faith and trust in their own abilities?
MOO

Disappointing really. But then what's new!
Success will come about if you chose the right personel. End of story! B. Sheng may be loaded but is it just
another Collins st. connection? and should I really be concerned about the share price debacle then Asiamet CFO would get my special attention.
Again good luck to us all.

According to Kj Tigers turned down an offer of $250M for Beutong.
Which way does he look at it then when KLG managed to buy Beutong at parity issuing 170M of KLG shares each roughly valued at 1.5p for a grand total of 25M?

More positive?
We may have the green light in terms of regulations but do we have the social licence to operate? Hardly so at this point it seems.
Communities all over the world are much more aware these days of the impact that mining brings. They are much more vocal and militant now than in the past and significant benefits from projects to local communities need to be in evidence well before rocks are dug up.

People keeps forgetting that the Yanks elected a business man . He is not a politician and old folks do not change

Assessment like this lift you right up the top of the list.
Obviuosly you have not yet yourself realised that everything about this company hinges around KSK and until now Beutong has been a side show at best.
Cheers.

It certainly does not make me an expert but after following this venture virtually everyday for the last 30years I recon
that I know a thing or two about this venture.
IMHO,and it is not a direct reflection on the board but this Mgt is not acting with the same intent as the previous one. Only pressure from shareholders now can change that.
Of course if a shareholder think it is fine as it is and its only concern is the share price then that will not bother him much.

Thanks Knokke.
Asiamet Shareholders should always bear in mind that their money is invested on foreign soil.
In this day and age shareholders cannot ignore that eventually local interest will come first (soon or later) It is up to their company to demonstrate that being there will have a real flow on benefit for local stakeholders.
I think mgt should be much more proactiv on that side of business. It is imperative that the locals have confidence
that it will happen for them . This was always in the forefront of mgt thinking and we never had any difficulties even during the ethnic conflicts of 1996 and 2001 when 100s of Madurese were decapitated by the Dayak . Maybe these are signs that we need to re-affirm and upgrade our social commitments . Just my opinion.

Anything is possible.
Indonesia is the world'4th most populous nation with the 7th largest combined sea and land area.
It has ABUNDANT resources in almost every variety. Yet untapped. Their largest island is their least developed and inhabited. I be surprised if a successful BFS does not stirs up a flurry of exploration in Central Kalimantan

www.thejakartapost.com/news/2019/04/09/jokowi-launches-operations-of-modernized-tjilik-riwut-airport.html

7 times larger than the old one

May or may not be relevant.
Under the 6th generation COW specific security of tenure and treatment in terms of taxation and royalties apply.
(we may have moved on under a different tax system though, am not sure)

www.kitco.com/commentaries/2019-03-27/The-Copper-Crunch-Is-Real-But.html

Mansur always affirmed that " you cannot have a mine is you do not have access"
Lucky for us . If this may have facilitated the permission to develop BKM further permits may well
depends on if we can step up another level , on how well we implement and how engaging our CSR policies are.

Thanks for posting Richy
Have not seen this interview before. Tony confirm what has been said here so often. Since the late 90's BKM was always going to be the first cab of the rank. As funding was always problematic it was always considered the ideal first project to get established before moving on to the other deposits. BKM is close to surface, accessible by road, good grades etc . But it is only the starter. Most of the other prospects on KSK are much bigger than BKM and therefore requiring much greater finance. Although BKM may (used to be called Beruang Kanan comprises of other targets like the north &south polymetallic zones and the west zone) may yet surprises us all.

We already had in the past 4 JVs with Majors, and hopefully they will keep on coming. It does not really matter who and how much it is going on the table so long as it strengthen the company going forward. This has been the route that has been plied so far and consequently the main reason we are ,after so many years, still in business today. LTH (which I am one) are long termer because of the belief that this Company with its crop of assets has the potential to develop into a top tear mining entity.
It is your investment. Name your price.

For those who wants to listen to Peter , in just about every of his interview Peter gives us a hint of what is in store and why it would be good to wait before anyone makes their mind up . I will repeat myself here a 1000 times and again for me his message is loud and clear "WE HAVE SEEN NOTHING YET! " Believe it or not is up to you.

ARS assets are the rich mineral resources contained in KSK and Beutong concessions.

Indeed! Analysts valuation of 14,18 ,20 or whatever are delusive and should be considered as red herrings. What do they know about the potential resources buried out there? If they wanted to know they would ask Mansur but of course that would only be based on his opinion. Well Well!! Mansur has just spoken .
Lot of investors have stumbled on ARS in recent time and dont realise that KSK has been out there for a very long time. During that time there has been a large number of interested parties looking at it and no doubt some have kept an eye on its development all along and I don't fancy my shares been snapped by one of them for peanuts.

Is there anyone in the world who knows KSK better than Mansur?

KLG data is constantly being removed. Even last week "Baroiexplorationhistory.pdf was still there but gone today.
Check this one quick before it too disappear.
https://docplayer.net/54063120-Appraisal-and-exploration-summary.html

It is good reaffirming to each other , showing support and believing in a great outcome for all of us. A billion market cap is indeed an excellent and realistic aim but at the end it will account for little if the potentiality of ARS is not fully translated into real opportunities. One of very few chance in the world left to actually make a concrete and significant change in the world around us and showing how wealth needs to be distributed. (I am confident no one has appetite for Dayak or Acehnese coming knocking on your door step one day :=(
While the circumstances are still favorable and before the BIG mob swoop in.
IMO