ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

BTR Blue Star Mob

0.55
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Blue Star Mob LSE:BTR London Ordinary Share GB00B06HJN03 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.55 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.55 GBX

Blue Star Mobile (BTR) Latest News

Real-Time news about Blue Star Mob (London Stock Exchange): 0 recent articles

Blue Star Mobile (BTR) Discussions and Chat

Blue Star Mobile Forums and Chat

Date Time Title Posts
23/4/201308:57Blackthorn Resources21
29/10/201022:18Blackthorn Resources-
29/10/201015:28BLUE STAR MOBILE - Its going to go off, mobile content that is599
27/3/201007:50AIMR revisited-
21/10/200817:50Do you remember Sir Owen Green-

Add a New Thread

Blue Star Mobile (BTR) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Blue Star Mobile (BTR) Top Chat Posts

Top Posts
Posted at 23/4/2013 08:57 by godin
Thats the price it is,charts on advfn for btr are not up todate.
Posted at 19/4/2012 19:22 by deadly
Another nice rise today. Glencore takeover rumours.

Blackthorn Resources Ltd, Copper Assays High-Grade in Drill Hole S36-038 at Mumbwa Project
16 Apr,2012 10:22 AM

Blackthorn Resources Limited (ASX:BTR) ("the Company" or "Blackthorn Resources") is pleased to provide copper assay results from drill hole S36-038. Drill hole S36-038 is a redrill of S36-033, which was abandoned incomplete at a depth of 463.20m due to drilling rods becoming stuck in the hole. Drill hole S36-038 is located approximately 5m from the S36-033 collar and was drilled vertically to an end of hole depth of 653.55 meters.

Drill hole S36-38 was drilled vertically, targeting the known higher-grade core of the Kitumba mineral resource area, with the primary purpose of completing the abandoned drill hole S36-033 and additionally to validate the high-grade intersections in that drill hole as reported by the Company on 23 February 2012.
Posted at 16/3/2012 03:58 by cezary
Looks like BTR on the way up again!!
Posted at 12/3/2012 09:03 by roks
Found my share statement, TDW wants £150 to re-register + no online trade possible.

Does anyone one know any cheaper options?
Posted at 29/2/2012 08:29 by jimgym
Nelson108. I agree with your comments and am wondering if folks recon Glencore will want more from BTR than just the existing offtake agreement. I recommend anyone who wants to find out more to access the "Hot Copper" forum in Australia. Well worth a read.
Posted at 10/2/2012 02:29 by cezary
First up to your Mumbwa copper gold project in Zambia and the results that have really excited the market. What have you found?

Well for some time now we've been exploring on the Mumbwa copper exploration project in Zambia. This project was formerly a joint venture with BHP Billiton Limited (ASX:BHP), but BHP Billiton exited in August last year and we've been the 100 per cent owner of the project since that time. Now there's already a JORC compliant inferred resource at Mumbwa of 87 million tonnes, at just under one per cent copper. And the drilling that we've been doing in recent times has focussed on improving that resource, including some infill drilling and we've achieved some spectacular results. The best hole to date was 230 metres at an average of 4.5 per cent copper and that's truly outstanding.

Well these are very impressive results. One analyst here in Sydney recently did a comparison and found that there are only five or six projects anywhere in the world, since the year 2000, that have reported results of this grade over such a wide intercept.

Well as I mentioned, we already have a JORC compliant inferred resource of almost 90 million tonnes, of just under one per cent copper. We think there's great scope to improve that resource further. Our objective in the short term is to achieve an indicated JORC status and we've announced recently that we're commencing a scoping study. And we intend to announce the results of both the JORC upgrade and the scoping study, and then launch into prefeasibility, in the next six months.

We're about to finish a drilling campaign that's aimed at improving the resource, then we'll complete the scoping study and the JORC resource upgrade. Then there is potential later in the year to do additional drilling, not only on this resource which we call Kitumba, but elsewhere on the Mumbwa project, with the aim of testing other attractive targets.

Let's now get to your Perkoa zinc mine in West Africa, a joint venture with Swiss commodities trader Glencore International. What role have they taken up in development?

We've had a joint venture with Glencore since December of 2010 and Glencore took over as manager of the project on behalf of the joint venture, early in 2011. Glencore are involved in a number of ways in this project. They are the project manager; they're investing $80 million in the construction of the zinc mine. There's also potential for Glencore to invest additional money for expanding the mine, and Glencore is also our customer. Glencore will purchase all of the concentrates from the mine.

We've been informed by Glencore that everything's going well and we do periodically visit the project as well. The aim at this stage, and we're on track to begin commissioning in July of this year, now the commissioning process begins we're starting up motors and beginning to activate the mill, and to process the plant. And then we'll go into what's called hot commissioning shortly thereafter, where the ore that's already been produced – we have about 8,000 tonnes of ore on the surface of the mine, that will then be used to test the process plant.
So long story short, the commissioning will begin in July and then for the next few months, the commissioning will be completed, then ramping up to full production later in the year.

Well in the base case – there are two cases, investment cases, for Perkoa. In the base case, it's a zinc only mine and the rate of production will be 720,000 tonnes per annum of ore. And that produces 170,000 tonnes of concentrate and the concentrate has a 53 per cent metal content. So the base case produces about 90,000 tonnes of contained zinc metal per annum.

We've been working with Glencore for some months now on a further investment case, to consider investing more money to improve the Perkoa project. In the base case it's a zinc only mine, but Glencore has put together an investment proposal that would involve increasing the capacity of the mine by 40 per cent. So that the throughput goes from 720,000 tonnes per annum to a million tonnes per annum, but importantly adding a new product that is producing not only zinc concentrates, but silver and lead concentrates as well.
In our last quarterly report, we announced that we had just under $11 million available on December 31, 2011. Looking ahead, that money will see us comfortably able to do the things that we need to do at Mumbwa and to take the company forward.

When Perkoa goes into production, the first $5 million of earnings will be given to Blackthorn. And then following that - then loans, project loans, will need to be repaid to Glencore. And then we'll share earnings after that.

It's going to be a very busy and exciting coming six months for Blackthorn Resources. Our shareholders can look forward to more drilling results from Mumbwa, and then the outcome of the JORC resource upgrade. And then towards the middle of the year, the outcome of a scoping study which will begin to look at the economic potential at Mumbwa. Then beyond that, we will look at doing additional drilling to test other targets at Mumbwa.

Of course, at Perkoa- a very exciting time going into production in the second half of the year. So there'll be news relating both to the commissioning and the production in the zinc mine, but also to the potential to expand the mine to add silver and lead, and boost the capacity.
So a very exciting time for us and yes, the share price has improved considerably. And that's great news for our shareholders, but I'm always keen to emphasise that our market cap remains around $200 million. And we certainly see looking in the years ahead, great potential for us to grow the value of the company well beyond its present market cap.
Posted at 21/10/2008 17:50 by washbrook
OWEN GREEN -BTR
-------------------------------------
The departure of its founding genius, Sir Owen Green, was like the opening of Pandora's Box:

troubles flew out in uncontrollable profusion.

The same thing happened to another British star, General Electric, after Lord Weinstock departed;

in a few short years, the stage was set for a 90% decline in the value of the renamed Marconi.
Posted at 01/2/2008 15:44 by rivaldo
Hmmm....glad i got out here, even if only eventually. Funnily enough with a £0.66m m/cap I'm tempted to bung a few pounds back in given the turnover. but cash flow is the key now - do BTR have the resources to survive? There's the legal claim to fund too...interesting to see if the directors buy some shares at this price.
Posted at 17/10/2007 10:53 by rivaldo
Hi chaps. I just had a chat with the CEO.

The US move is exactly the opposite to your comments above (well, according to him anyway!). MacLachlan has stepped down because he was put in last year as a temporary measure to establish the US office because of immediate demand for BTR's services.

The US office has apparently attracted new business and developed well, and the staff now recruited can take the business on - MacLachlan as a major shareholder is happy to now return to the UK and advise as a non-exec.

The Beijing office is now up and running and BTR are leveraging their blue chip client base, since most of those clients have or are setting up offices tehre.

The general tenor of the CEO was extremely optimistic and pretty bullish in terms of winning new business. In particular, the Olympics next summer should bring in good business, but he was at pains to point out that BTR should grow quarter on quarter, irrespective of one-off events. I took this as good news given the World Cup's contribution to last H1.

I'm also intrigued that apparently there's going to be a 3 month PR campaign starting in November to get BTR's name known in the investment community. I assume this means new broker notes from the likes of Edison/Hardman, media interviews etc etc...and I'd hope this is because the H1 results are going to be worth getting more widely known.

Finally, Pepsi have become a new client in the last 3 months!

Pepsi's logo appears on the BTR% web site now. I don't suppose anyone out there realises Pepsi are a client yet because again there hasn't been an RNS, presumably because of client confidentiality (which is the reason for the PR black out on the RNS front recently).

The CEO talks a good game, so I'm happy to hold here. The current price at a £3m m/cap looks good to me with decent profitability beckoning and BTR's terrific client list.
Posted at 12/10/2007 14:30 by rivaldo
Nice one! Thx Tole. BTR has advanced nicely, but the pace of progress has been slower than I'd have liked. As this article makes clear once BTR gets going there's big potential. Hopefully these results will show at worst continued progress in the core buisiness, though it'll be interesting to see if the World Cup effect makes a difference. If BTR even show similar results to last year's H1 then that might be considered an excellent result.

Here's the article:

"Blue Star Mobile has existed for less than three years but it is already a
profitable mobile phone content and services business with potential to grow in
the UK as well as in the US and China. It has good prospects either as an independent business or as a potential target for a larger marketing services company.

Blue Star Mobile provides mobile content and marketing services to publishers
and brands. Customers include 20th Century Fox, where Blue Star produces
campaigns for new film releases, SKY, British Airways and Bacardi. Blue Star can design and deliver mobile promotions for customers. Revenues come from developing the service plus ongoing maintenance revenues. It can also manage mobile content businesses for clients. It developed The Sun's mobile portal offering downloads, competitions and promotions and it shares revenues
with the newspaper.

Blue Star has a sport sponsorship business focused on mobile brands whose customers include T-Mobile. This did particularly well during the World Cup in 2006. The sport sponsorship side of the business has been involved in contract negotiations between David Beckham and Motorola and created content and campaigns involving the footballer.

Blue Star Mobile swung from a loss of £65,000 to a profit of £101,000 in the year to March 2007 as its turnover moved ahead from £3.06m to £4.43m. The first half of the financial year benefited from the 2006 football World Cup. Most of the annual growth came from the mobile branding and promotions operations and that should continue this year. Demand for services should
grow as the capabilities of handsets increases. Blue Star is also becoming involved in producing mobile applications that train people to use handsets.

Management believes music is a potential promotional product that can be used by mobile and the company has developed a mobile radio service for Bacardi. Acquiring rights from record companies isn't economic so Blue Star has commissioned 10 music tracks that are offered to buyers of certain Motorola phones. The costs of this have been capitalised. No other development
costs are capitalised.

International sales account for more than one-quarter of turnover and Blue Star is expanding overseas. A US subsidiary has
started trading in Chicago. The company is also setting up a business in China, which will be run by a Chinese person who has worked for Blue Star in the UK. Blue Star is well aware of the problems encountered by the likes of MonsterMob so it is being cautious about its Chinese expansion.

Chief executive Steve Clarke believes that mobile promotions are something that
the big agencies do not do well. There is a shortage of talent in the area as well, which means that a larger marketing group looking to boost its expertise could consider a bid for Blue Star.

The liquidity of the shares isn't great as there can sometimes be days between trades. There are days though, when there are a number of trades and the bid/offer spread is currently 9p - 10.5p.

The shares are trading on 46 times last year's earnings - that rating should fall rapidly though. House broker Seymour Pierce forecasts a profit of £210,000 on revenues of £5.1m in the year to March 2008. That reduces the prospective multiple to just below 20. The shares have drifted lower in
the past six months but there has been no bad news. The potential rate of profit growth over the next few years makes the shares attractive in our opinion. Consider as a speculative buy."
Blue Star Mobile share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock