Business
BKM Optimised Feasibility Study Near Completion
BKM Optimised Feasibility Study Near Completion.
About this update from Asiamet Resources Limited
[{"type":"text","content":"\n\n28 March 2025\nAsiamet Resources Limited\n(\"Asiamet\", \"ARS\" or the \"Company\")\n \nBKM Optimised Feasibility Study Near Completion\n \nAsiamet Resources Limited (AIM: ARS) is pleased to advise shareholders that all major engineering and technical studies necessary to deliver the optimised Definitive Feasibility Study (\"DFS\") for the Company's flagship BKM Copper Project, located in Central Kalimantan, Indonesia are complete.\n \nAt the recommendation of the prospective lenders, the Company is currently finalising supplementary analysis on power supply to ensure alignment with lender financing criteria. This final piece of analysis is expected to be delivered shortly and marks the last significant component of the DFS.\nKey Highlights:\n· Engineering Completed: All major engineering and project definition work is now complete, significantly reducing overall project risk and substantially enhancing execution certainty.\n· Streamlined Project Design: Comprehensive re-engineering of BKM has created a streamlined, lower capital cost project with significantly reduced construction complexity and associated risks.\n· Strong Lender Engagement: Active and ongoing engagement with multiple lending institutions highlights solid interest for financing the optimised BKM project package.\n· Power Supply: Supplementary work on power supply suggested by prospective lenders is nearing completion.\n· Permits: exploration permit and annual work plan approved for limestone resource drill programme to provide local lime source for neutralisation in copper process plant and water treatment.\n· Value-Upside Potential: Delivering the BKM optimised DFS and project financing substantially de-risks project development. BKM is the key to unlocking the substantial intrinsic value within the highly prospective KSK Contract of Work (CoW).\nUpon completion of the additional power supply analysis, the Company anticipates providing shareholders with a confirmed date for publication of the DFS.\n \nCEO, Darryn McClelland, commented:\n \n\"We have reached the final stage of a detailed project optimisation process, incorporating direct feedback from prospective lenders to deliver a lower-risk, economically compelling project. The add...