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ASTA Astar Minrls

2.95
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Astar Minrls LSE:ASTA London Ordinary Share GB00BKRV5441 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 2.95 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 2.95 GBX

Astar Minrls (ASTA) Latest News

Real-Time news about Astar Minrls (London Stock Exchange): 0 recent articles

Astar Minrls (ASTA) Discussions and Chat

Astar Minrls Forums and Chat

Date Time Title Posts
25/7/201409:27A Star is born - Astar Minerals178
25/7/201409:26MXOIL10
25/7/201409:26ASTA Clean shell possible RTO via PRS Investmets1,869
28/5/201401:24No rush to jump in here 122
24/9/201318:59Teetering on the brink - Astar Minerals168

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Astar Minrls (ASTA) Most Recent Trades

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Astar Minrls (ASTA) Top Chat Posts

Top Posts
Posted at 23/7/2014 10:06 by the vogon
There are warrants which vest at 1p. The directors take very little in pay and the 'remuneration' via warrants aligns them with the shareholders.

"As part of the Placing, the Company has conditionally agreed to grant warrants to subscribe for 52,500,000 New Ordinary Shares to JIM Nominees Limited on behalf of Andrew Frangos, Stefan Olivier and Cornhill Capital. The Warrants shall vest upon the Company's closing share price trading at £0.02 per share for 30 consecutive trading days and are exercisable at the Placing Price at any time until the earlier of (i) five years from the closing of the Placing and (ii) three years from the vesting date. If exercised immediately following the Placing, JIM Nominees Limited would be entitled to 52,500,000 New Ordinary Shares equating to 28 per cent. of the Enlarged Share Capital of the Company."
Posted at 23/7/2014 07:19 by tpau
Astar Minerals PLC

Update on Mexico Energy Reform


RNS Number : 0463N

Astar Minerals PLC

23 July 2014








Astar Minerals / Ticker: ASTA / Index: AIM / Sector: Oil & Gas

23 July 2014

Astar Minerals plc ("Astar" or the "Company")

Update on Mexico Energy Reform: Senate Approves Key Bills



Astar Minerals plc is pleased to note that, further to the Company's announcement on 16 July 2014, the Mexican Senate has now approved the key bills with regards to the legislation required to reopen Mexico's vast energy industry to the private sector.



The bills have now been passed to the Lower House of Congress for final approval which is expected by the beginning of August 2014, prior to being formalised into Mexican legislature by President Enrique Pena Nieto. Additionally, Lower House committees passed a hydrocarbons law on Monday that details the fine print of potentially profitable hydrocarbon licences and contracts that will, following the final Congress approval, be offered to private investors.



Astar's Chief Executive Officer Stefan Olivier said, "With the final approval of Mexico's energy reforms in sight following the passing of bills by the Senate, we are eager to hit the ground running in the coming months. With this in mind, we are in the process of finalising our joint venture with Geo Estratos, a local and longstanding oil services provider that is well placed to secure oil and gas concessions and contracts via formal bid rounds and through its existing commercial relationships. I look forward to updating the market on the finalisation of the legislation process in the coming weeks and, subsequently, our progress in unlocking the significant hydrocarbon potential Mexico has to offer."



Background Information on Mexican Energy Reforms



The secondary laws currently being considered by Congress follow the passing of energy reforms in December 2013 focused on reversing a decline in oil and gas production in Mexico over the past decade by ending state-owned Pemex's monopoly and, in the process, opening up the sector to foreign investment and expertise. The secondary legislation is required to provide the necessary framework and rules that will allow this reform to be implemented in practice.
Posted at 19/6/2014 12:41 by dharmesh2979
It's time people realise what goes on in AIM. All I'm saying is watch people. I have no agenda but to warn others that this share price prob will crash so if your in profit now sell. I have no intention to buy this so I'm not de ramping to get a lower buy in price. Just watch people the so called rampers.Work with them and you may make money, they sell the stories so great that you feel the share price will boom. Take a look at stubbsy on lse and follow his stuff and you will see once he has ramped and left the share price will soon go pop.
Posted at 19/6/2014 12:24 by dan_the_epic
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
SELL BEFORE ITS TOO LATE
SELL BEFORE ITS TOO LATE
SELL BEFORE ITS TOO LATE
SELL BEFORE ITS TOO LATE
SELL BEFORE ITS TOO LATE
SELL BEFORE ITS TOO LATE
SELL BEFORE ITS TOO LATE
SELL BEFORE ITS TOO LATE
SELL BEFORE ITS TOO LATE
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS

BYE BYE MONKEY PUZZLE. ASTA HEADING DOWN AGAIN

BYE BYE MONKEY PUZZLE. ASTA HEADING DOWN AGAIN
BYE BYE MONKEY PUZZLE. ASTA HEADING DOWN AGAIN
BYE BYE MONKEY PUZZLE. ASTA HEADING DOWN AGAIN

BYE BYE MONKEY PUZZLE. ASTA HEADING DOWN AGAIN
BYE BYE MONKEY PUZZLE. ASTA HEADING DOWN AGAIN

BYE BYE MONKEY PUZZLE. ASTA HEADING DOWN AGAIN

BYE BYE MONKEY PUZZLE. ASTA HEADING DOWN AGAIN
BYE BYE MONKEY PUZZLE. ASTA HEADING DOWN AGAIN
BYE BYE MONKEY PUZZLE. ASTA HEADING DOWN AGAIN
BYE BYE MONKEY PUZZLE. ASTA HEADING DOWN AGAIN

dharmesh is so right
dharmesh is so right
dharmesh is so right
dharmesh is so right
dharmesh is so right
dharmesh is so right
dharmesh is so right
dharmesh is so right
Posted at 19/6/2014 12:07 by dan_the_epic
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
MONKEY PUZZLE^ MUG PUNTER AT A GIANT LOSS
SELL BEFORE ITS TOO LATE
SELL BEFORE ITS TOO LATE
SELL BEFORE ITS TOO LATE
SELL BEFORE ITS TOO LATE
SELL BEFORE ITS TOO LATE
SELL BEFORE ITS TOO LATE
SELL BEFORE ITS TOO LATE
SELL BEFORE ITS TOO LATE
SELL BEFORE ITS TOO LATE
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS
GETTING RAMPED ON LSE BY MUG PUNTER CROOKS

BYE BYE MONKEY PUZZLE. ASTA HEADING DOWN AGAIN

BYE BYE MONKEY PUZZLE. ASTA HEADING DOWN AGAIN
BYE BYE MONKEY PUZZLE. ASTA HEADING DOWN AGAIN
BYE BYE MONKEY PUZZLE. ASTA HEADING DOWN AGAIN

BYE BYE MONKEY PUZZLE. ASTA HEADING DOWN AGAIN
BYE BYE MONKEY PUZZLE. ASTA HEADING DOWN AGAIN

BYE BYE MONKEY PUZZLE. ASTA HEADING DOWN AGAIN

BYE BYE MONKEY PUZZLE. ASTA HEADING DOWN AGAIN
BYE BYE MONKEY PUZZLE. ASTA HEADING DOWN AGAIN
BYE BYE MONKEY PUZZLE. ASTA HEADING DOWN AGAIN
BYE BYE MONKEY PUZZLE. ASTA HEADING DOWN AGAIN
Posted at 19/6/2014 11:53 by dan_the_epic
DONT BE FOOLED! LETS TAKE A LOOK AT THE RNS

Astar will seek to provide access to funding for the delivery of specific approved projects by the Geo JV including, but not limited to, the acquisition of E&P assets and the provision of oil services in Mexico and any pre-bid expenditure required ahead of a formal bid for concessions

ASTAR IS PLEASED TO ANNOUNCE THAT IT HAS ENTERED A DEAL THAT WILL MEAN ASTAR PROVIDES ALL THE CASH THAT IT DOESNT HAVE!

LOL. YH. STUNNING DEAL. PEOPLE WAKING UP AS SHARE PRICE RETRACING HARD BACK TO 2P
Posted at 12/6/2014 15:37 by falia
ASTA SHARE PRICE SOME YEARS AGO £15+
Posted at 27/5/2014 13:15 by acta_topup
RNS Number : 1271I

Astar Minerals PLC

Astar Minerals / Ticker: ASTA / Index: AIM / Sector: Oil & Gas
27 May 2014

Astar Minerals plc ('Astar' or 'the Company')

JV Signed with Mexican Oil and Gas Operator

Astar Minerals plc is pleased to announce that it has signed a joint venture agreement ('the Agreement') with Nogal Holdings LLC ('Nogal'), an experienced operator of oil and gas properties in the US and Mexico, to jointly evaluate, acquire and develop oil and gas concessions in Mexico. This Agreement is in line with Astar's strategy to explore investment opportunities in Mexico's energy sector which is being reopened to the private sector to attract greater foreign investment and expertise with which to develop its substantial hydrocarbon reserves.
Under the terms of the Agreement, Astar will hold a 51% interest in any concession secured through the joint venture and will be responsible for raising capital to fund exploration and/or development. Nogal will be designated the operator of the relevant concession and will be assigned a 49% interest. Astar and Nogal each have the right to participate in any concessions in Mexico being acquired by either party. In addition Nogal has agreed to assist Astar in accessing relevant data and records relating to any concessions identified by either party including but not limited to oil and gas leases, farm-outs, drilling contracts, geological and geophysical data and well production data. All concessions jointly secured by Astar and Nogal will be held in a special purpose vehicle which will be incorporated in a suitable jurisdiction. A management committee, comprised of two representatives each from Astar and Nogal, will be set up to oversee the partnership.
Astar's Chief Executive Officer Stefan Olivier said "In Nogal, we have found a well-connected and experienced partner with whom Astar can participate in the reopening Mexican energy sector. The size of the opportunity is clear: Mexico is already a top ten global oil producer and has huge quantities of untapped conventional and unconventional reserves. To develop these vast reserves requires foreign capital and expertise. Together, Astar and Nogal are well-placed to deliver on both these counts with our proven ability to source and raise capital in the financial markets well-matched with the operational track record of Nogal's management team both in US onshore formations and Mexico itself. Further updates on the partnership's progress in securing opportunities in the Mexican energy sector will be provided to the market in due course."
* * ENDS * *
Posted at 02/4/2014 10:19 by acta_topup
Quite nice balanced post:

8:54 02/04/2014 [Photomic1962] The new Directors: A guess.
Stefan Olivier is connected in a big way to North American Petroleum, as yopu know. Andrew Frangos and the afore mentioned, are well equpied to ADVISE LCG about how to (and assist with) Investment in the Oil buisness. Not sure what these guys know about Mexico though. Anyway, IF ASTA can pull in a lot of money from Investors and may PI's too, it may be more likely that ASTA will invest the money in NAP which is constantly on the 'UP'. If they are correctly advsied, what money they have could build up a stake in NAP which will increase their investment value/potential (and this shareprice) and make some good returns on their money. If it does, the possibilities of further investment in Mexico, IF, as and when, the returns are sufficient to draw from and place elesewhere for additional investment. They could have two very large Pies on the go on the proviso that the advice from the above is professional, which I think it will be. For my money, North American Petrolium MAY POSSIBLY be, and I say possibly be the first port of call for ASTA's money IF they can convince us by RNS, that this is likley to happen. The first mention in any such RNS that says North American Petroleum, fill your boots, maybe before This will be coupled with a notable rise in the share price Whilst I am guessing here, I think it is very possible that ASTA could be swayed be Stefan Olivier to buy a cut of that Pie. One needs to read very deeply into the background of these new Directors to see what they are about. Broking, Oil and advise. So, look out for investment in NAP. It may or may not happen, but gut feel says I may be on the right track. It is unlikley at this stage any new investor will lose a shed load of cash if buying in now, subject to normal Market Fluctuations. Keep a sharp eye on ASTA and any hints of OIL investment in NAP. This is medium to long term, but hints could be sooner.
Posted at 17/3/2014 11:01 by acta_topup
Nice post on iii sums up my thoughts on this company:

9:38 17/03/2014 Interesting
Share price is up 22% in first hour of trading, hard to know what to make of that, but it's hard to believe Cornhill would invest over £1 million in Astar, a company with no assets, if they never had a plan.

Like always in the city, it only takes one good deal, and you have plenty who would like to get on board, add to that a rising share price, and the consolidation looks even better,

At present Astar has just under 300 million shares in circulation, which will drop to 30 million after the consolidation, but then you have to add on Cornhills shares, which could be around another 60 - 70 million,

Maybe it's just the fact that Astar has Cornhill on board,that gives this share a certain credibility, and future backing if and when needed.

By izzy bear
Astar Minrls share price data is direct from the London Stock Exchange

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