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Asiamet Resources Limited

12:34 on 23/11/2017

Current Price 10.60p | Bid 10.00p | Ask 10.75p | Change -3.49%

Company Overview

Asiamet Resources Limited (formerly Kalimantan Gold Corporation Limited) is an AIM and TSX-V listed mining junior, focused on exploring its copper and gold prospects in Kalimantan and Sumatra, Indonesia. In Central Kalimantan, the company has drilled more than 35,000 metres at its KSK copper project, uncovering the potential for a world class deposit. From April 2011 to January 2014, the KSK project was under joint venture to a subsidiary of Freeport-McMoRan Exploration Corporation. A review of historical data on the project using state of the art techniques and processes has confirmed the potential for major copper deposits below the level of drilling to date. ARS announced a maiden Inferred Resource on the Main Zone of the Beruang Kanan Prospect on September 26, 2014, of 47 million tonnes averaging 0.6% copper or 621,700,000 pounds of copper

Stock Details

EPIC ARS
ISIN BM04521V1038
Shares in Issue 622,984,168
Market cap £ 14.95m
Sector Mining
Indices FTSE AIM All-Share Index

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Price Summary

Mid Price ? 10.38p
Bid Price ? 10.00p
Ask Price ? 10.75p
Volume ? 692934
Change Today -0.38p
% Change Today -3.49%
Open 10.88p
Previous Close 10.75p
Intraday High 10.88p
Intraday Low 10.13p
52 Week High 0.00p
52 Week Low 0.00p

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Broker Consensus

The above information represents a selection of the views and target prices published in the last 120 days by analysts in individual stocks. It is subject to change without notice and may not necessarily be the view held by Redmayne-Bentley.

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