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    Industrial Materials
Asiamet Resources Limited

Asiamet Resources Limited

ARS.L
Asiamet Resources LimitedGB flagLondon Stock Exchange
1.58
GBp
- -
- -
53.45MMarket Cap
Asiamet Resources Limited
ARS.L
(London Stock Exchange)

Recent

price

1.58

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
-0.01
-0.01
- -
- -
-0.01
-0.02
-0.01
-0.01
-0.01
-0.01
- -
- -
- -
- -
-2
- -
-0.01
Basic EPS, GAAP
-0.01
- -
0.01
-0.01
-0.01
-0.01
- -
-0.01
-0.01
-0.01
- -
- -
- -
- -
-1.98
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-0.17
-0.15
-0.15
-0.15
-0.15
-0.06
-0.05
-0.05
-0.05
-0.05
-0.04
-0.03
-0.03
-0.03
-23.15
-0.02
-0.05
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.64
- -
- -
Tangible Book Value per Share
140
165
169
171
171
462
610
773
924
1,044
1,415
1,859
1,925
2,252
3
3,012
591
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
-1
-1
- -
- -
-1
-7
-4
-7
-11
-7
-4
-6
-7
-5
-5
-5
-4
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
1
- -
1
- -
- -
1
2
2
2
- -
- -
8
4
4
2
3
2
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
1
- -
1
1
- -
1
2
3
2
- -
- -
7
4
3
2
3
2
Total Equity
- -
- -
6.46
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
-0.25
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'16
Sep'16
Dec'16
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
623
623
710
Market Capitalization
1,411
1,705
1,803

Working Capital

FRC

•

in mil. unless spec.
Jun'16
Sep'16
Dec'16
Total Current Assets
2
1
3
Cash, Cash Equivalents & STI
2
1
2
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
1
Payables & Accruals
- -
- -
1
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-189.59%
-401.54%
62.39%
Free Cash Flow
15.79%
13.34%
-19.7%
Net Income, GAAP
4.45%
6.34%
-11.04%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
-2
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
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Business
Asiamet Resources Limited (AIM: ARS) is an emerging mid-tier exploration and development company focused on copper, copper-gold and polymetallic deposits in Indonesia. The company holds a 100% interest in the KSK Contract of Work in Central Kalimantan, which includes the development-ready BKM Copper Project, a heap-leach solvent extraction-electrowinning operation with updated JORC-compliant Ore Reserves of 28.4Mt at 0.7% copper grading 207kt contained copper; the nearby BKZ Polymetallic Project with JORC-compliant Inferred Resources including high-grade zinc-lead-silver-gold-copper domains and a lower copper-silver zone; and a pipeline of 15 additional copper, polymetallic and gold exploration targets such as BKW, BKS, Beruang Tengah and Rinjen. Asiamet also owns an 80% interest in the Beutong Copper-Gold Project on Sumatra, a large porphyry-skarn system with JORC-compliant Resources containing 1.95Mt copper, 1.69Moz gold and 16.73Moz silver on an attributable basis, supported by an IUP-OP production licence. Operations target Asian growth markets and emphasize low-cost development with proximity to infrastructure. Founded in 1997 and headquartered in Jakarta, Indonesia, the company changed its name from Kalimantan Gold Corporation Limited in July 2015 and maintains its registered office in Hamilton, Bermuda. In 2024-2025, Asiamet advanced optimization of the BKM Copper Project, releasing an updated Feasibility Study in May 2025 that reduced pre-production capital by approximately US$58 million to US$178.4 million through a smaller-scale, higher-grade starter pit design mining 28.5Mt ore at 0.55% soluble copper to produce 124kt copper cathode over 12.8 years, alongside lowered strip ratio, heap-leach staging and engineering partnerships with PT Rexline Engineering Indonesia and BGRIMM Technology Group. The company raised US$3.55 million via placements to PT BUMA Internasional Grup Tbk (increasing its stake) and management, appointed Mudit Goenka as Head of Corporate Finance, commenced formal project financing with an independent technical expert and limestone resource drilling north of BKM, and progressed final permitting including the Forest Area Utilisation Agreement. Most recently in November 2025, Asiamet entered a conditional agreement to sell its KSK Project interest to Norin Mining (Hong Kong) Limited for US$105 million, pending approvals, to realize shareholder value and enable a potential business pivot while retaining Beutong.