Stratmin Global Share Discussion Threads

[escapetohome] 07/7/2016 09:15

Who ever is right, the share price is up and that is good news.

Long may it continue.

[thegrumpster] 07/7/2016 09:13

"Directors.......Fully committed and aligned."

Of course they are.

With Bass or STGR?


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When do we get to hear about the counter bids, illuminati?


Or was that also just made up to string the plebs along?



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illuminati1 - 11 Apr 2016 - 11:42:12 - 7063 of 7431

"£8.6M offer = 5.3p

Counter bid.
Other parties interested.

The ground is now laid for an explosive rebound.

Downstream opportunity with Tirupati's expertise

Ultra pure, expandable, micronised graphite. $$$"

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illuminati1 - 11 Apr 2016 - 13:08:40 - 7067 of 7431

"Wait and see.
Counter offer coming as is vote."

[thegrumpster] 07/7/2016 08:43

And performance bonuses?

[illuminati1] 07/7/2016 08:40

Directors will take all their salary in shares. Fully committed and aligned.

[thegrumpster] 07/7/2016 08:23

Perhaps this has just been an exercise in moving the company back to the hands of the good old boys before it takes off. With another serious milking of small investors thrown in for good measure

They don't seem to be too happy on Hotcopper either.

From Proactive:

"StratMin said the reason for the disposal was that the understanding of graphite companies on AIM and other UK markets was limited, compared to the Australian market."


Management have wrecked it IMO.


Barclays still playing up.

[thegrumpster] 07/7/2016 08:11

First order of business will be raising money IMO

They will only be enough remaining from Bass to pay directors and costs for probably for less than half a year

Any sensible fund raise will then wreck whatever value is left with STGR small shareholders in the £300k shell company.

[illuminati1] 07/7/2016 08:04

Jim LSE Bass last night announced their fund raise and sale agreement for Graph Mada to ASX. They're also raising AU$5.5m at 1.2c (above Stratmin's tranche 1 price) to fund immediate refurbished/expansion so with that cash Stratmin will IMO almost certainly meet tranche 2 criteria, if not tranche 3 too.The strong indication from the circular is that Stratmin will be pursuing the JV with Tirupati. They go to pains to point out that the JV mine option was not owned by Graph Mada.This cuts their losses with the badly-designed patched-up concentrator plant at Lohorano that Bass Metals will be replacing with a new plant designed with the aid of Mr Poddar/Tirupati and gets a 45% cut of the output from a JV mine owned and operated by Tirupati - an established Graphite player.The value from the Bass deal is still there in the company - Stratmin's value will reflect a major ownership of Bass Metals, which is currently in the the process of finalising a fund raise to fix Lohorano.So we will end up owning a large chunk of BSM, which owns Lohorano operations, plus - by the looks of it - 45% of the Tirupati mine.I imagine a JV deal involving Vatomaina has implications with partners because Stratmin/Tirupati will end up in competition with Stratmin/Bass MetalsWith the added complication that Shishir Poddar will be aiding BSM to get Lohorano up to full production.

[thegrumpster] 07/7/2016 08:03

"Bass Metals is offering us a total bid package in cash and shares valued at A$16.3 million"

Bass has made several deals with us and hasn't delivered on one of them.

Each time they fail to deliver, they get a better offer.

Tried and tested.

Surely failing to deliver will produce a good result this time?......For them.

[illuminati1] 07/7/2016 07:28

News out!Bass now fully funded, tranche 2 and 3 should be met in time.Stratmin to continue with Indian Major Tirupati. New graphite mine and downstream business. $$$

[illuminati1] 06/7/2016 21:53

Bass Metals is offering us a total bid package in cash and shares valued at A$16.3 million
Thanks to the improved exchange rate this deal is now valued at £9.4 million ~5.8p

After completion Stratmin will receive A$1.5 million in cash ~£870k and the first tranche off Bass shares A$ 750k set at 1c.

Bass 3x bagged to 3c after they published a presentation highlighting the potential of stratmin's graphite asset. Aussies are loving it.
All graphite stocks down under are trading near all time highs.

Currently suspended awaiting funding news.

Tranche 1 already up by +200%, worth £1.3 million


Hope this helps

News imminent

[jimbox1] 06/7/2016 20:47

Surely, if Bass share price goes up before the Graphmada deal concludes, we will just get less shares. Just another facet to the poor deal that our esteemed directors have done.

[illuminati1] 06/7/2016 20:31

Graphite stocks rocketingGains since february to date!Bass metals +200% before Stratmin deal completion Syrah Resources +97%Focus Graphite +105%Northern Graphite +160%Mason Graphite +180%Hexagon Resources +200%Volt Resources +235%, +1000% over a yearMagnis Resources +250%Flinders Resources +500%NEWS THIS WEEK...

[thegrumpster] 04/7/2016 08:08

Extracts of posts on hotcopper:


Doctor Fouad 18184911

".......Any price would be a steal for the lucky prospective participants ! This is a 10M$ cap company on the verge of becoming a 100M$+ company ! what an opportunity for big investors !

Exciting times ahead of Bass shareholders."


wot 18187046

"standard pattersons p&d. 1 for 1 rights issue in the low 1c mark (say 1.2 or 1.4). Ann weds /thurs. ASIC need to investigate this type of unsavoury activity. How Patterson (with their tattered reputation) still are allowed to exist is beyond me."


HappyCats 18185889

"There you go Jaded. The green trader or news hound need to be aware of the schlick presos with no new news accompanying premeditated exploitation by greater powers. And IMO, they shouldn't have to. Well, at least not on the same day - just not cricket. See if the ASX gives them a bit over this, but I've seen others get away with it."


Supermajor 18184955

"An opportunity for investors but a grubby handling imo."

[thegrumpster] 02/7/2016 19:39

"No sane investor would continue constantly churning negativity about their own investment on a public Bulletin board when it serves no purpose."


The negativity is about what is being done to the investment, not the investment itself.

There is a difference.

Obviously you just can not get your head round it.

Not surprising, seeing that you are but a simple cut and paster.




Just checking with Hotcopper.

If I look at the list of posts, then click on one of them to read and go back to the list, the count goes up by two.

Not exactly accurate is it?

Over optimistic to impress the advertisers perhaps?

[illuminati1] 02/7/2016 14:24

Bass metals board Jaded said: ?The rerate process that was halted on Thursday, which saw over 80 million shares traded in under 2 hours and a 100%+ increase was a direct result of increased awareness after having put a spotlight on the Company's developments. Would have gone a lot higher if they didn't put the brakes on it. BSM might use tomorrows announcement as an opportunity to demonstrate the massive potential that exists here while they have the markets undivided attention.The "Graphmada" assets are already fantastic for much bigger reasons than the fact that they have multiple quality graphite deposits open in all directions, only tested to 5-10 metres depth, and increasing grade with depth. They have already successfully jumped the massive hurdles of implementing infrastructure, becoming a producer of end product and have customers, offtakes and revenue. Even the largest groups in this space eg. SYR are yet to achieve these levels,. These milestones come at a significant cost and as such the current structure of Stratmin is hogtied to deliver proper shareholder value to all shareholders including BSM. This situation has created an opportunity for BSM. The vote is part of a process and a formality that always occurs in these events. By voting yes, Stratmin shareholders are repositioned for a new chance at growth and decent returns on their investments, which is not happening with Stratmin. Existing Stratmin shareholders already know the value that exists through Graphmada and the benefits of having its potential properly exploited through an investment vehicle like BSM. A glowing testament to that would have been evident to Stratmin shareholders observing markets reaction to the news on Thursday imo.From a technical perspective, a properly calibrated chart showed Thursdays close at .03 cents landing exactly on the Gann 2X1 line springing from the daily low of the 24th of June. It's next major resistance was at the 1X1 line at .05 cents on Thursday. Whether it would have got there or not is now up to the imagination, but it was not showing any signs of weakness at .031 on massive volume and was less than 2 hours into the trading day.

[illuminati1] 02/7/2016 14:21

Best to ignore our resident troll grumpster, who clearly doesn't hold any shares.No long term holder would be repeatedly talking the share down over months if he needed a "4.6p" to bail as he claims.No sane investor would continue constantly churning negativity about their own investment on a public Bulletin board when it serves no purpose.

[thegrumpster] 02/7/2016 09:05

The halt could be to do with the money/shares due from Liongold.

It was supposed to be completed by 30th June.

So perhaps either they've coughed up or an alternative to that part of the funds needed has been found?

They'd surely have to inform the market if that deal was not going to complete as expected, or was going to have further delays.
If everything was on time they might not have needed to say anything as the market already knows what was expected.

Could also be something else, but Liongold's settlement was due to be completed by Friday.




"2
1.4
The Board wishes to announce that the Company has today entered into a deed of settlement (the “Deed of Settlement”) with Bass for the full and final settlement of (and includes) any and all claims made or that may be made by Bass in respect of the Proposed Sale, the Proposed Subscription, the Proceedings and any underlying facts in connection with the Proceedings (the “Settlement”).
2.
PRINCIPAL TERMS OF THE DEED OF SETTLEMENT
2.1
Agreed Settlement Sum and Payment Terms In full and final settlement of all claims the Company and Bass has or may have against each other arising from the Proposed Sale, the Proposed Subscription, and the Proceedings, the Company and Bass have entered in to the Deed of Settlement pursuant to which they have agreed, inter alia:

(i) the Company will make payment of the sum of A$2,500,000 (the “Settlement Sum”) to Bass in the following manner:

(a) A$300,000 (the “First Instalment”) to be paid in cash on or before the entry into the Deed of Settlement. Following a verbal agreement between the Company
and Bass on the terms of the Settlement and to formalise the arrangement that
the Deed of Settlement be entered into on the basis of such agreed terms, the
Company had, as a gesture of goodwill, satisfied the First Instalment by two (2)
equal payments of A$150,000 each to Bass on 15 October 2015 and 29 October
2015;

(b) A$850,000 (the “Second Instalment”) to be paid in cash in monthly instalments of not less than A$150,000 each on or before the end of each month
commencing 31 December 2015 and ending on and including 30 June 2016, or in any event until the Second Instalment has been paid up in full; and

(c) A$1,350,000 (the “Third Instalment”) to be paid in three (3) equal instalments on 29 February 2016, 31 March 2016 and 30 April 2016, in the manner to be decided in the full and absolute discretion of the Company, either:

(1) by cash; and/or
(2) by the allotment and issuance of fully paid shares in the capital of the Company (“Shares”) to be listed and quoted on the Catalist Board (“Catalist”) of the Singapore Exchange Securities Trading Limited (the “SGX-ST”), subject to the approval of Shareholders and the SGX-ST(where required)."

[escapetohome] 01/7/2016 07:37

Would it be on an austalian bb?

With their open fun lifestyle wouldnt have thought that culturally many australians would be share crazy!

Share addiction to my mind would be far more suited to the neurotic indoors house price mad culture that we have in england!

Amazing that there is such interest over there with all that fun around!

[illuminati1] 01/7/2016 07:31

Huge interest in Stratmin's Graphmada.

Yesterday's leading intraday gainer with +150% gain in under 100 minutes.
Market cap tripled to ~£8m, STGR £2.4m

Bass bulletin board:

Over 100 posts and 13300 views within 24 hours, something Stratmin never achieved on AIM.


More news pending...

[illuminati1] 30/6/2016 19:43

LSEI have every confidence in the BOD who took over last summer but even I had a niggle of doubt yesterday. But the results were published as promised and usually reliable contacts of mine still think the deal is imminent. As early as tomorrow but they been saying that for a fortnight now! Officially July according to chairman's statement. Bass bagging yesterday means they need to issue a statement to clear their speeding ticket. Make your own judgement but honestly think it has to be close.And it's now one deal - it should be learning the Bass deal is ready for SH approval but also finding out about future plans for STGR post disposal.Exciting times - still risky but I still have confidence in Brett and team to salvage what they can with the hand they were dealt.Not one deal we're waiting to hear about. I heard only faint whispers about second continuation business, something in the graphite space related to processing for energy storage applications I think is pretty much what is in the last few RNSs reading between lines etc. Read the BSM announcement from last night too - interesting. I suspect Bass have lined up the funding partners too. This is ready to fly IMO

[illuminati1] 30/6/2016 19:37

Jim, LSEAgree - but today we see the omens are good for the deal though. Accountants have accounted as though the deal is on. Bass bagged last night to 0.3c on a presentation that hinted the deal was still on. My contacts are all convinced the deal is still on.Also the first tranche shares we are getting at 0.1c valuation are worth triple if Bass can hold its share price up there. So all is actually looking good if not quite at conclusion.Of course some here will be holding to see what the new business deal is - I'm told it might be coming with its own capital partner so that could be good also. We'll have to wait and see for that bit as the notice posted today is the obligatory annual AGM not the EGM and circular for disposal.

[thegrumpster] 30/6/2016 19:19

Comet5d
30 Jun'16 - 18:12 - 7555 of 7558 2 0

For those that haven't worked it out, it doesn't take much effort to work out the grumpster is a bit of a troll, and has spent plenty of time on the stratmin forum. Don't waste time with a sensible answer.

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For those that haven't worked it out, it doesn't take much effort to work out comet5d is a bit of a company stooge, and has spent plenty of time on the stratmin forum. Don't waste time with a sensible answer.

[thegrumpster] 30/6/2016 19:16

Annual Report


"By partnering with Bass we were able to raise capital at a premium to the share
price ........"


Had to bring the share price well down first to be able to say that, partly by keeping shareholder in the dark and having a major shareholder(European Investment Management) and Winterfloods offload a large part of their holding . (Several investors according to illuminati....hence no holdings RNS)

Jimbob on Lse is trying to accuse derampers not getting behind the company when he knows full well this large holder selling, has been conveniently going on. Perhaps if they'd believed in their own investment and held, Brett's mates would have had to really pay a premium for their shares. But that would have been acting in the interests of STGR holders. Couldn't have that could we?

Wonder if that seller will buy back their shares in STGR or BSM in a future placing....or perhaps has already bought them back?


But then Bass did not fulfill their agreement, they only came up with a bit of the money, leaving STGR in the lurch and virtually guaranteeing the share price came down some more.


It does sound a lot better when they spin it a bit.


Wonder if the same experts in spin, also write illuminati's script?
His "horse's mouth" he has sometimes referred to.