Re: Tipped... S.P Now sky high RSI!Careful, as there is likely a retrace back to a healthy (balanced) chart level, round 5.90 - 6.10p.
Re: NEW ARTICLE: AIM on verge of upward surg... Could go down to 1p or up to 16p. Well that's very helpful.I think it is more to do with what they get out of the ground rather than charts.I am happy to continue my investment here.Only time ....
NEW ARTICLE: AIM on verge of upward surge "The AIM market & Asiamet Resources (FTSE:AXX & LSE:ARS)With so much to be miserable about, the @GB:AXX:AIM market appears on the verge of yet another upward surge. Currently, the index is trading around 1,009.6 points, needing only better than ..."[link]
NEW ARTICLE: Trends and Targets for 3/10/2017 "THE AIM MARKET & ASIAMET RES. (FTSE:AXX & LSE:ARS) With so much to be miserable about, the AIM market appears on the verge of yet another upward surge. Currently the index is trading around 1009.6 points, needing only better 1016 points to ..."[link]
Ianbag on ADVFN - 29th sept Ianbag on ADVFN -29 Sep '17 - 12:26 - 8210 of 8211 5 0Was looking at a broker report covering Solgold earlier and if you take the average market valuations applied to projects in various stages of exploration/development/operation in terms of �/LB in the ground, you get some interesting results - applied across BKM and Beutong at MEASURED level only (ie nothing for current drilling increasing measured resources. Indicated value comes in at �81.2m (including fund raise)Much scope for this to increase as resources moves up plus moving from feasibility to development phase trebles this valuation on �/LB in ground.So you can construct a case to say that current sp should be 11.2p with medium term potential to be 33.6p (before any fundraising impact)Of course the resource will almost certainly materially exceed what we already have.So when Jak states there is no substance, he is at odds with valuations placed on CU projects by the markets and of course it is the above scenario that will have attracted JPM.Incidentally on the FCA site of notifiable shorts there wasn't one last night well certainly not above the 0.2% disclosure level - which equates to a ceiling of 750k shares here.That said given the discount currently levied on ARS vs its peers, then it would be a dangerous game and not surprisingly why there are no shorts.The Beutong licence landing should I believe immediately close the current valuation gap. So that combined with the BFS on BKM and the rapid move into development will rapidly re-rate us much further north than the current 5p as the market of course is very much forward looking.I have added to my holdings."
Re: Tipped... S.P Never heard from spoky again ??RNS today flagged up on share prophets.Placing at 4.3p raise 6 MShows price increase above up 8% @ 5.00 to 5.25
breakout soon Excellent proven management here with Manini & Hegarty who have a solid track record for building businesses. Just waiting for the green light breakout...
Copper moving up. [link] futures spike in freak move that Wall Street can't quite explainAnalysts couldn't point to a specific headline behind a more than 2.5 percent jump in copper prices Monday morningThousands of workers at Freeport-McMoRan's Grasberg mine in Indonesia staged a rally Monday ahead of a planned month-long strike that could constrict supply.Key copper-trading markets in London and Shanghai were closed Monday for a holiday.Copper prices suddenly surged to a near one-month high Monday morning, but several on Wall Street were uncertain about exactly what caused the spike.Copper futures for July delivery briefly leaped more than 2.5 percent around 9:31 a.m. EDT, hitting $2.6945 a pound, their highest since April 5. Copper traded about 2.3 percent higher as of 10:45 a.m.It was the kind of move that typically comes when a single big piece of news hits, but traders were scratching their heads."I can't see any [headline] in particular," said Dane Davis, commodities research analyst at Barclays. He noted that a strike was set to begin Monday at Freeport-McMoRan's Grasberg mine in Indonesia and a weaker U.S. dollar supported copper's move higher.Thousands of workers at the world's second-largest copper mine staged a rally on Monday ahead of a planned monthlong strike to protest layoffs, a union leader said in a Reuters report.The U.S. dollar index traded slightly lower on the day.Low trade volume was also a likely factor behind the commodity's jump. Key copper trading markets in London and Shanghai were closed Monday for a holiday.Eric Hunsader, founder of Nanex, first pointed out the move in a Tweet:"The fact that it stayed high tells me something's happening, there's some news," he told CNBC. "This is sudden."Copper rose 2.76 percent last week ahead of Monday's spike.
From Trader Tim today... I hold this one in my ISA and the share price has been creeping up recently. It was up 8.5% yesterday and I did wonder whether news was afoot. Clearly, it was. The copper explorer announce an update on feasibility study at the Beruang Kanan Main in Kalimantan, Indonesia.As expected, the company reports wide intervals of higher grade near surface copper mineralization. 67 holes have been drilled in the northern region of the BKM asset. A further 51 holes of diamond core drilling are planned.The numbers look very positive, though they require a geology degree to fully appreciate them. Basically, a typical ore contains only 0.5% to 2.0% copper. I use this as my benchmark Ð 2% is very good, 0.5% and below I consider not that great. Essentially, the ore percentage is a measure of the value of copper. AsiametÕs numbers are very strong. The majority of number up over 1% and nearing 2%. A couple that are higher than 3%, which is very strong and one apparently at 7.23% Ð ridiculously good!The company go on to mention that a number of 1 metre holes drilled returned Òup to 10.1% copper in BKM32600-04 and 4.8% copper in BKM32600-03Ó. The results confirm that the area that is rich in near surface, high-grade copper is wider than expected."Asiamet is extremely pleased with these latest results from the feasibility study Resource evaluation drilling at BKM. These are some of the best intersections we have seen to date at BKM with greater thicknesses of mineralization than anticipated in several areas and excellent continuity of copper grade across the deposit."Asiamet has a nasty habit on finishing in the red on the days it releases strong news, so itÕll be interesting to see where this one ends up today. No doubt, positive stuff!
The Mad Stork... [link]
Re: Tipped... S.P Sorry spoky just saw your message in march think you might of mixed me up with another poster ??Did you invest ?Another placing RNS 2.3p ( 0.04 $ CDA ) ..Share prophets hinting its good news ( silent over vast last Friday )" Directors investing heavily " optiva involved loads of warrants CDA $ 0.05 .New year resolution should be stay away from AIM ... just to much hassle .
From Serendipity888 on LSE... Although the main focus of the company right now should be on BKM its worth remembering that we are in the final governmental department stage with regards to the licence for Beutong . Expected by year end it will no doubt add further confidence to the share register . Following on at some time in Q117 will be the Jelai licence which will set that up for monitisation very quickly.Asiamet continues on the value curve with so much happening next year.---------- -----Funding done, it would of been nice to have gotten a higher price but at the time of the deal the SP had dropped but let's consider what this means for the company. Well funded and with JELAI value still to be released we are funded through BFS.The real value here is that TM is in a much stronger position to negotiate with strategic partners after the licence is granted , that negotiation strength will ultimately be worth more than the £2m raised.Onwards and upwards , 2017 is going to be an exciting year.---------- -----Small top up for me today as well.
From Trader Tim... A great night last night. I went to an Investor evening hosted by Asiamet and ECR Minerals. A really good evening talking to like-minded investors and, more importantly, it was equipped with pie and mash. Asiamet is looking as sturdy as ever. For a small cap, it really has plenty of options on the table. Obviously, it will take time for these opportunities to be realised. However, with a bit of patience, I think Asiamet is on the right track to something quite big.J.
Re: Stock Options What's the problem......these are options at 4p which they are getting and they are forgoing their bonuses and taking a pay cut.....seems reasonable to me and helps out on the cash flow short term
Stock Options ... and I thought that the idea of stock options was to 'incentivise' staff and not simply to give the company away.