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Asiamet Resources ( (GB:ARS) ) has provided an announcement.
Asiamet Resources Limited has nearly completed the optimised Definitive Feasibility Study (DFS) for its BKM Copper Project, with all major engineering and technical studies finalized. The company is conducting supplementary analysis on power supply to meet lender criteria, which is the last step before publishing the DFS. This development is expected to reduce project risk, lower capital costs, and enhance execution certainty, attracting strong interest from potential lenders. The completion of the DFS is anticipated to unlock significant shareholder value and advance the project into the formal financing phase.
More about Asiamet Resources
Asiamet Resources Limited is a company operating in the mining industry, primarily focused on copper production. Its flagship project is the BKM Copper Project located in Central Kalimantan, Indonesia, which is part of the KSK Contract of Work.
YTD Price Performance: 28.21%
Average Trading Volume: 1,833,169
Technical Sentiment Signal: Sell
Current Market Cap: £29.76M
Learn more about ARS stock on TipRanks’ Stock Analysis page.