Member Info for Updoo2

Long termers never loose sight of the real prize "....... along with future development opportunities that are likely to arise from the broader KSK Contract of Work."
Although it is taking longer than we expected, we know for a very very long time that BKM is only an appetizer .

Wonder what have they signed in exchange. Have a sneaky suspicion that this "carbon neutrality " is a just another way to spoliate resources rich developing nations

Yes you right Thornback, everyone make their own decision. It is a pity that this is not setting the world on fire , but not really surprising however. Tony is tired , and Darryn and Andrew are just going thru the motion. With enthousiasm and true belief lacking it is little wonder shareholders are losing interest.

I will never accept a sale.......I know what is out there.... KSK is not only BKM ...what you will get for KSK today would only be a tiny fraction of what it will be worth in the futur... the world is rapidly changing and sitting on an outstanding resource will command a premium you can only dream off.. I will not let the board cheat me being part of the greatest discovery of the 21st century...we have seen nothing yet...(for those who may want to know I started with PPK and have been a shareholder of this venture since 1992

A mine without access is not a mine, Mansur Geiger.
NO ONE understand KSK better than Mansur.

I have always believed that it is up to us to adapt and conform to the local culture if we want to successfully mine the resource. It is a coming together. A Western Company helping a Dayak community who has the wealth but not the knowledge to extract it from the ground. Imho the Dayak are well aware of what is buried as they are close to and communicate with their environment. My suspicion is that there is a possibility the Dayak are not satisfied with our
ways and if they think that it will not lead to an harmonious outcome they have the means to stop progress.
Writings (part) by A. Syaufi
The Dayak tribe community as an agrarian society highly respects and upholds the noble values of
ancestors that still apply, for example religious and communal social values that aim to achieve a harmonious life. The ideal value is very influential on the social and cultural system,
including in the implementation of its traditions and customs.
The religious values reflected in the social life of the Dayaks
are encompassed by a belief about the existence of occult and sacred things, it is characterized by the various forms of ritual ceremonies both related to traditional activities and those related to religious activities.
COMMUNAL VALUE
Communal values prioritize the interests of living together in the lives of Dayak people. The value of togetherness means
that humans are bound to their society, humans must prioritize the interests of society rather than their personal interests.
This is realized through mutual cooperation activities, please help, cooperate in meeting the interests of harmonious living together according to the principle of hatamuei lingu nalatai hapangkaja karende malempang (wandering thoughts and feelings one and another visit each other) and the principle of hinje simpei paturung humba tamburak (upholding cooperation and the value of unity between one and the other). This principle makes the attitude of the citizens to achieve harmony and peace.
(Claus Swab eat your heart out) :=)

A lot of people may be feed up but I am not sure here if people get the whole picture. @4p Tony will not make any money neither the large shareholders . Those people/groups purchased large holdings because they are aware of what KSK has in its belly. There is no way they will let DOID acquire the whole company without forking out a very substantial premium either cash or (preferably) stock.

https://au.finance.yahoo.com/news/peru-calls-las-bambas-talks-152626885.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAD18lkDq7HYW9FXEigSRXfHrfT7i9v7GQem49OGHDR5WRBz2LvkLt3mbDPAMM5V8d3JwCdYyL2Gun76KJZfIcFkAghVQRsM07MAM5jJDN0jNmpLdLdiDjFexPqAsj9sQweCc1hW-6rj22hIthJFR-3wj06MHQYDKsBF28a_tQj4c
Another example shows how it is absolutly vital that our relations with the local communities are well defined before anything start. Mansur repeatedly said " a mine without access is not a mine"

Never mind the grade or the increased resource. We know for a very long time the tremendous prospects of KSK. What I am more concerned is about Tony our CEO . I mentioned here a number of times before and repeat I believed Tony had run out of puff. It would have been better for everyone if Tony had surrendered his position to someone else for some time now.
I am not trying to belittle him at all whatsoever, because I have heard that works connected to Kalimantan can be very taxing. But I am concerned that he is running on empty and when someone run on empty that person usually run for himself.
This is my view, hopefully I will be proven wrong.

Spot on Coyote. Most People have not yet realised what Asiamet (KLG) new 30 years ago. Kalimantan is the most under prospected land in Indonesia and has some of the largest minerals deposits in the world. In fact you name any resource it is there somewhere on the island in vast quantity. The whole of Kalimantan will become hot property once Asiamet get going and keep expanding KSK resources. If we can lead the way on how it can share equitably we will become successful and the smart money will start flying in. The reason being that there will probably be no nuclear devices targets on the island.

Mount Teide right move..retained one share ... to see what else I can learn...
The truth to be said is that even Companies like Oxiana or even Freeport could not make it work for us... as for investors for now it is better that they do not put too much hope in Darryn . I think that we will also find him that a mover and shaker he is not .

https://www.academia.edu/8440569/The_Mismatch_between_Mineral_Exploration_and_Community_Engagement_Some_Ethical_Questions
"we will not be allowed to create an island of riches in a sea of poverty" This is my take on KSK or how Mansur puts it
"our exploration efforts and our community efforts are one and the same"
Putting this in real practice and potentially witness the hurdles be removed. If one reads the article one could possibly see a reason why this is not yet in place and that Tony is still paying only lips service to our responsibilities . The (new?) Mgt has to embrace both equally the commercial and social objectives of Asiamet.
Relevant that one of the 2 Companies in Bardorf exemple is Tigers Realm (with tony Manini in charge) ?

To each his own but if you knew how many times " literally on the brink....." has been posted here over the years you would not have dared saying one more time .

Tony must go!
After Stephen, James, Dominic, Peter , so yes you guessed right , the next appointment comes from the ex old boys OX club.
Their record speak for itself. They have done little to advance Asiamet cause and I dare say that Darryn is of the same mould. Tony may be pleased with this new recruit because he think that he can now rely on Darryn to send the show on the road. He is fooling himself and us. Darryn is just ok but a go getter is not. Asiamet's rocket remain stuck on the ground and will require maximum force for lift off.
I mentioned here with the arrival of Tony that Tony was not O.Hegarthy. Tony was not the power behind Oxiana success. I mentioned also from the very beginning that I found Tony not convincing. He needed time to prove himself and be given a fair go. But now it is definitely clear that he is not the person who can drive Asiamet to reach its full potential.

Indonesia has a word for it JAM KARET
Time is like rubber it can be stretched

Refresher course
https://www.youtube.com/watch?v=LBOfiLKYcA8
Note how enthusiastically Steve talks about what else is in store...Ringen, Volcano, Kalang, Baroi, Mansur, Tengah, Tumbang Hoi +++
Remember patience is the key to success here. Nothing else will do.

Roughly 30% of the country by area but only 6% of the population.
Kalimantan is known for its vast resources but mostly ignored (KSK is a prime example) but not for much longer
..Potential ..potential..potential..

Relocation of the country's Capital pass officially into law last Tuesday.
"Kalimantan" island to get a lot more exposure from now on.

Most Investors do not know the first thing about this venture.
For 30 years at KSK the motto has remain the same.
"there is no need to look but to find"
There is a very subtle difference. We do not have to look because it is already there , simply concentrate all the efforts to find it and we will.
So for investors this means that they do not need to keep looking as they already found it.
They just need patience.
Good luck to all.

This deal will go ahead. KSK 's potential matches perfectly Gupta's ambition