Asiamet Resources Limited

ARS

BM04521V1038

Diversified Mining

Market Closed - London S.E. Other stock markets 11:35:15 2024-04-26 am EDT			5-day change	1st Jan Change
0.825 ^GBX	0.00%		+10.00%	+6.45%

Apr. 17	Asiamet hails "outstanding" high grade copper sample results	AN
Apr. 17	Asiamet Resources Limited Reports the Results of Recent Drill Samples Collected During Due Due Dilence Site Visitors to the BKM Project Area in Central Kalimantan, Indonesia	CI

Asiamet Resources loss narrows as expenses decrease 24%

September 27, 2023 at 01:50 pm EDT

Asiamet Resources Ltd - Jakarta, Indonesia-based mining company - Reports net loss for the year to June 30 totalled GBP3.0 million narrowed from GBP4.0 million, the year prior. Expenses fell to GBP2.9 million from GBP3.8 million before, a 24% drop. Basic and diluted loss per share were 0.15 pence compared to 0.21p. Cash at the period end was GBP2.3 million, more than halved from GBP5.2 million.

Current stock price: 1.08 pence

12-month change: up 3.3%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Asiamet Resources Limited

Asiamet hails "outstanding" high grade copper sample results	Apr. 17	AN
Asiamet Resources Limited Reports the Results of Recent Drill Samples Collected During Due Due Dilence Site Visitors to the BKM Project Area in Central Kalimantan, Indonesia	Apr. 17	CI
Baron Oil surrenders licence; DG Innovate proposes JV	Mar. 28	AN
Asiamet Resources Limited Announces BKM Project Engineering Design and Execution Update	Mar. 28	CI
Empire Metals targets key milestones in Australia	Mar. 27	AN
Asiamet Resources Limited Announces Successful Completion of the KSK Biomass Feedstock Study	Mar. 27	CI
Alpha Real Trust says in "robust" financial shape	Mar. 01	AN
Asiamet Resources makes "significant progress" in BKM copper project	Dec. 28	AN
Asiamet Resources Says On 19 Dec, CEO Darryn Mcclelland Bought 2 Mln Shares At 0.80P/Share	Dec. 20	RE
Asiamet Resources to Issue $4 Million Shares to Delta Dunia Makmur	Nov. 15	MT
Asiamet Resources gets GBP3.3 million financing for project	Nov. 15	AN
Asiamet Resources Limited announced that it expects to receive £3.302019 million in funding from PT Delta Dunia Makmur Tbk	Nov. 14	CI
Versarien "pleased"; D4t4 first-half revenue rises	23-10-30	AN
Asiamet Resources Submits Independent Technical Expert Report for Copper Project in Indonesia to Lead Bank	23-10-30	MT
Asiamet Resources Limited Announces Board Changes	23-10-30	CI
Asiamet Resources shares rise on progress at BKM copper project	23-10-06	AN
Asiamet Resources loss narrows as expenses decrease 24%	23-09-27	AN
Asiamet Resources Limited Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-27	CI
Asiamet Resources Limited Announces Board Changes	23-09-22	CI
Asiamet Resources makes progress with financing opportunities	23-08-08	AN
Asiamet eyes BKM finance package following positive study results	23-06-12	AN
Asiamet says BKM copper project study shows "excellent" economics	23-05-10	AN
Asiamet Resources Limited Announces an Update to the Ore Reserve Estimate ("Ore") for Its 100% Owned Bkm Project, Located in Central Kalimantan, Indonesia	23-05-10	CI
Profits rise for Panther Securities and Petrofac	23-04-27	AN
Asiamet Resources Limited Reports Earnings Results for the Full Year Ended December 31, 2022	23-04-27	CI

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Company Profile

Asiamet Resources Limited is engaged in the exploration and development of mineral properties. The Companyâs principal mineral property interests are located in Indonesia. The Company is a copper producer focused on the development of a portfolio of copper, copper-gold and polymetallic deposits in Indonesia, adjacent to the key growth markets in Asia. Its flagship project, the BKM Copper Project (BKM), sits within the eastern area of the Kalimantan Surya Kencana (KSK) Contract of Work (CoW). The KSK license covers approximately 390 square kilometers and includes a number of gold and gold-copper targets including the BKM copper cathode project. Its BKZ polymetallic project is located adjacent to existing and proposed infrastructure for the BKM copper project. Its Beutong copper gold project (Beutong) is a porphyry copper-gold system located in Nagan Raya Regency, Aceh on the island of Sumartra, Indonesia.

Sector

Diversified Mining

Calendar

2024-05-06 - Q4 2023 Earnings Release (Projected)

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.00825

Average target price

Consensus

Sector Integrated Mining

	1st Jan change	Capi.
ASIAMET RESOURCES LIMITED	+6.45%	22.85M
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Integrated Mining

Asiamet Resources Limited

Equities

ARS

BM04521V1038

Diversified Mining

Asiamet Resources loss narrows as expenses decrease 24%

Latest news about Asiamet Resources Limited

Chart Asiamet Resources Limited

Company Profile

Income Statement Evolution

Analysts' Consensus

Sector Integrated Mining