Asiamet Resources (ARS) has announced that it has been “extremely busy” progressing a feasibility study update for the BKM copper project in Central Kalimantan, Indonesia, including estimates which are “very positive for the capital cost of the project relative to original inputs”.
Whilst I’ve been away fishing in the jungle for the past month, I notice that Asiamet Resources (ARS) has issued a couple of RNSs, including a new Memorandum of Understanding that it hopes will help move its BKM project towards the production stage.
Asiamet Resources (ARS) has turned out to be my worst ever investment in a mining company, in terms of percentage loss anyway, and has been a great example of what happens if as a company you continually miss deadlines.
Asiamet Resources (ARS) is a great example of what happens to a share that the market has totally lost confidence in and how a major, company-making piece of news is likely to be needed in order to bring about any sort of change in sentiment.
Asiamet Resources (ARS) has announced a further update on the proposed investment from PT Delta Dunia Makmur Tbk. (DOID), one of the largest mining services company in Indonesia, admitting that the process is taking longer than it hoped but with DOID re-emphasising that it “is working as quickly as possible to finalise its due diligence… remain the largest shareholder in Asiamet and are supportive of the advancement of the company”.
One of the three HotStockRockets tips of the year 2022, Asiamet Resources (ARS) now emphasises “Stunning High Grade Drill Results Expand BKZ” and the shares have responded up to 2.785p, but there looks more to come.
It looks as though Asiamet Resources (ARS) has finally landed the deal for the BKM asset that investors have been patiently waiting for, but so far the market seems unimpressed and the share price is trading lower than it was before the announcement.
Asiamet Resources (ARS) has made a “Strategic Partner Secured for BKM Copper Project”-titled announcement. A good deal with the shares currently at 2.45p?
Asiamet Resources (ARS) has been a very frustrating share to hold and in the past I have been less than impressed with the management, especially when it comes to the Aeturnum debacle at the start of this year.
Asiamet Resources (ARS) has made a drilling update on its KSK Contract of Work in Indonesia including that the “first three drill holes completed (approx. 440 metres) at BKZ have intersected strong visible copper and polymetallic mineralization outside the current Resource envelope”. This sounds good.
Asiamet Resources (ARS) has announced progress on several key workstreams towards significant de-risking milestones.
First it is Peter Brailey: My colleagues Tom Winnifrith and Gary Newman have provided opinion on the investment case of AsiaMet Resources (ARS) for some time. I think it is fair to say both see good potential upside. I remained on the fence watching. But I do see downside on the company’s social media strategy and I do not like it at all. It’s made me get off the fence – I will not invest until the company acts with a moral code I can agree with.
I recently wrote a piece on. ShareProphets suggesting that Asiamet Resources (ARS) would be carrying out a placing within the next few weeks.
Asiamet Resources (ARS) is a company that I’ve been a fan of based upon its assets, which look more attractive than ever at current copper prices, but currently I have some concerns as to where its share price might be heading shorter term.
We tipped Asiamet (ARS) on January 24 at a 2.4p offer price. The shares are now significantly ahead after recent news. What next?...
Updating in May on Asiamet Resources (ARS) we noted that the shares had responded more than 28% higher to around 3.4p, capitalising the company at around £50 million, as - also 19.9% shareholder - Aeturnum Energy had “finalised all due diligence workstreams and intends to enter into negotiations with Asiamet for a partial or full acquisition of the KSK Contract of Work”. Now though “Asiamet Responds to Media Article” on Aeturnum...
So far Asiamet Resources (ARS) has been fairly typical of many small AIM resource stocks, in that it has largely failed to live up to expectations and has had to keep raising money at ever-lower prices over a number of years.
In our 2.40p offer price recommendation of Asiamet Resources (ARS) in January, we noted “on-going” corporate partnership discussions, including “there has been a lack of investment in the copper sector over a number of years… causing a constraint in future supply… this is also notably reflected by those the company is currently in strategic discussions with”. Now a “Corporate Update” including the company “has been informed by Aeturnum that it has finalised all due diligence workstreams and intends to enter into negotiations with Asiamet for a partial or full acquisition of the KSK Contract of Work”...









