Member Info for updo

Attraction to money numb all other senses. Maybe we could listen to the genius of Mozart to remind us to be a bit humble
sometimes.
Fancy the title ? " requiem aeternum"
https://www.youtube.com/watch?v=1A_aUeypSjU&list=RD1A_aUeypSjU&index=1
Not advised if you are feeling blue knowing that we have been outsmarted :=(
Good luck if you need it.

AC thanks for the update and good luck with your investments. Most people here simply take for granted that this Co will make them money without giving a thought of what is at stake. Treating it Just like any other investment. Nothing untoward in that of course except that now and then comes an out of the ordinary venture. KSK is one of those story. Btw did you know that in over 30yrs of exploration in extreme condition and terrain there has only (thankfully) be the single accidental death (a young indonesian driver on the road ) Pretty good record for an industry such as mining. Tell me now if you know any other geologist who spent his whole career on a single assignment like Mansur has. When asked about this his answer simply was: why would I go prospect anywhere else when the KSK concession is an exploration geologist's dream? Knowing what he knows I suspect Mansur would have preferred the Co be in a very different situation then we are now find ourselves. Mansur did not fail discovering the pot of gold it is more likely us who failed him. Mansur'experience is very intimately linked to KSK so he would be most acutely aware what is required (by whomever) in order to successfully extract the great wealth it contain. I repeated his words of wisdom here many times ..." our exploration efforts and community efforts are one and the same"...
It means nothing yet maybe because Mansur was ahead of his time but with the new economic reality upon us maybe things will change.
All the best

Don't get me wrong I like Tony. He is very knowledgeable about mining for sure but as you would know running any business takes more than simply be an expert in the field of its actual activities. It takes a lot of efforts , and no doubts Tony gave plenty, but It also invariably takes a unique talent . You can see that every day In all kinds of fields. Leaders are chosen on their merits , hard and soft skills , yet one will elevate an enterprise to great things while another would be driven to the ground.
:=) take Xi Jinping ... ... for him China will for ever come first & last....elected president for life... no wonder... ( say my wife) no one to dislodge him as his shoes are nailed to the floor....;=)
All the best

No need to brag about your lack of knowledge.
Any successful enterprise is lead by a single strong leader. With the OX Tony was not that person. Owen Hegarty was its
ambitious driver!
Lets wait a few days shall we . We will see how well Tony , on his own, has managed Asiamet or if he got us cornered with no options but been swallowed.
Cheers

The upcoming deal with AE is for the whole or part of the KSK CoW according to Tony in his last interview.
I ask Tony to reject any proposal that would sell 100% of KSK and leave Asiamet with the crumbs of the supporting
role of financing and construction. If this take place Asiamet for me will be finished.
AE is a private concern. KSK is TOO BIG and TOO VALUABLE to be left in the hands of a few private individuals .
I have watched and been a strong supporter of this venture for more than 30 years and I am aware of its (X) potential . I
still have the patience as we have seen nothing yet and right now I am told the harsh reality that it maybe all for nothing.
I will be greatly disappointed if that happen of course but more likely I will be sad .
This mining venture has all the attributes of a game changer if only one can look past the value of its shares. I compare it
to a water well where no matter how many full buckets of water are pulled out the water level in the well yet stay the same. It impact and benefit a wide community in so many ways.
Best of luck for us all.

Are you leaning toward owning for years to come a potentially vast resource of base and precious metal or a wheel barrow full of worthless paper?
Good luck us all.
(hope this presentation is not Tony swansong)

On the same page as our Tony
@7:50 https://www.youtube.com/watch?v=5BRpva24enE

Who on the board place the company 's interest before their own? I do not mean "greed" in the pejorative sense but recognised it as an essential driving force to success. This force however is rarely mastered therefore the need for balance . We will know soon or later if there is a need for concern or not.

Thanks for your contributions Jackbal.
I offer a different view. I would be more concerned why Peter left than who appointed him. I liked Peter . Every board needs men of integrity to balance those needed men motivated by greed.

...IMF created at the time of Bretton Wood agreement....(now defunct)
...now is the time to step up... to turn the page...
Hint hint!!

ARS precursor of the GREENER, SMARTER, FAIRER REVOLUTION?
For our children's futur.
https://www.imf.org/en/News/Articles/2020/06/03/sp060320-remarks-to-world-economic-forum-the-great-reset

A long time ago (1999) Beruang Kanan (BKM now) was chosen to be the first cab of the rank because its (small= manageable) size and ease of access both to the area (remember just a few years ago it was impenetrable jungle) and the ease of extraction made it the ideal first project for a junior Co.
So today what is important now surely is not the level of the share price once we get this first target underway but that we will be still in business (KSK) and can look forward with renewed confidence at the whole suite of (much larger) prospects as identified (30+) by earlier exploration.
I fail to understand why investors keep on dismissing that insightful path of action.

Thanks guys... you made my day!
I am so glad that finally someone else raise the question: Do we really realise what we are giving away if 100% of KSK happen to be sold?
Keep it up

I may add that at the time we KLG shareholders were never consulted

I think it was a reverse takeover as TRM was a privately owned

https://www.proactiveinvestors.com/companies/news/63960/kalimantan-gold-to-acquire-beutong-copper-gold-project-74741.html

Faisibility study says $223Mil initial capex including 31 Mil contingency and excluding stage 2
Is that the numbers you are looking for?

apologies. No idea why I wrote Faisal instead of Faldi. I must add that I did once found a connection on the internet connecting
Bruce and Faldi but now cannot find it again. I am sorry if this is a mistake.

Agreed that Tony knowing what he knows would not wish to be sidestepped. But now the sharks are circling.
With what can tony keep them at bay with unless we are all standing behind him and refuse to sell our holding.
Very unlikely sadly because all people think about is their investment not the company.
Good luck to us all.
btw AE is not on the board (yet) but Bruce is ( v.hard man to stop). With Stephen & Peter gone we have Dominic who could go either side, Deo who should never have been elected, Faisal who is also looking after some of Bruce other investments I feel that Tony could find himself very isolated . Just an opinion.

RockingHorse
Certainly not following the crowd if that is what you are asking.
On the other hand i would never pretend after reading a page that i could understand the whole book.
Doing some research will help ;=)