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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Strategic Ret. | LSE:SRR | London | Ordinary Share | GB0033995894 | ORD 0.5P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
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|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.50 | 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 | 1.50 | GBX |
Strategic Retail (SRR) Share Charts1 Year Strategic Retail Chart |
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1 Month Strategic Retail Chart |
Intraday Strategic Retail Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 07/11/2014 | 00:42 | ASX listed SRR - Shaw River Manganese (Atlas Iron own 53%) | 15 |
| 19/10/2010 | 06:46 | Strategic Retail Plc | 20 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
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| Top Posts |
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Posted at 19/8/2014 08:46 by the stigologist that at surface bulk sample could be worth multi-millions by itself surely ?ASX listed SRR The Shaw River Company which is building a global manganese business has been running the development of Otjozondu project in Otjizondjupa Region for the past three years and the latest quarterly activities report ending 31 July notes they have progressed the 'Start- up Production Plan' (SPP). SPP targets a low capital, staged, development option for the project. In addition, Shaw River has successfully outlined an 'at surface' manganese bulk sample of up to 265 000 tonnes from up to 8 areas with some zones over 36%manganese. Outgoing MD Peter Benjamin noted that Shaw River continues to build upon its successful exploration program at the Otjo project using a combination of relatively low cost soil sampling, rock chip sampling, mapping, trenching and geophysics aimed at identifying new zones of manganese mineralisation for future inventory. "A new area being assessed for future inventory is the Bosrand deposit which contains strong visual "manganese mineralisation. This area also corresponds with a mineral resource reported in accordance with JORC 2004 and contains areas of higher manganese ( and higher iron) grades and is located some 9 km north of the Labusrus plant site," he said. |
Posted at 19/8/2014 08:01 by the stigologist Shaw River Manganese moves ahead at Otjozondu Manganese with funding dealTuesday, August 19, 2014 Shaw River Manganese moves ahead at Otjozondu Manganese with funding deal Shaw River Manganese (ASX:SRR) has gained valuable new convertible loan debt funding from Bryve Resources Pty Ltd to enable an in fill drilling program to start at the Otjozondu Manganese Project in Namibia. Ringing in further changes, Peter Cunningham is to be appointed as Shaw River managing director. Cunningham is currently President and CEO of TSX listed mining company, Cadan Resources Corporation (CVE:CXD), and Managing Director of unlisted Auvex Manganese Limited. Bryve will acquire 9.69% of Shaw River equity held by major shareholder Atlas Iron (ASX:AGO) with an option to acquire the remaining 43.76% of Shaw River shares currently held by Atlas at a price of A$0.0035 per share. Current price is $0.013. Atlas will also grant Bryve a six month option to acquire Atlas's remaining 43.76% shareholding in Shaw River at an exercise price of A$0.0035 per share. This will potentially remove an overhang for Shaw River with the Atlas shareholding. The debt funding is under two separate, secured facilities in two tranches. The first, an amount up to A$2 million convertible loan facility and the second an amount up to A$6 million contingent working capital facility. The new funding is designed to enable Shaw River to rapidly progress development of the Otjozondu Project and bring it into production as quickly as possible. Up to 40% of the free cash flow generated from the Otjozondu Project will be used to repay Shaw River's debt. the A$4.95 million owed to Atlas under the existing loan facility is to be repaid as a priority and ahead of any repayments to the Bryve Facility. In all, these are very positive developments for Shaw River, setting it firmly on a funded development path at Otjozondu. Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China. |
Posted at 13/8/2014 21:14 by the stigologist post from hotcopperok, so let's look at the positives: new funding = "provide working capital to enable Shaw River to rapidly progress the development of the Otjozondu Project and bring it into production as quickly as possible." Otjo became SRR's focus and they always talked up near term production, but have never quite got there, in fact, they seem to have lost their way in a big way. as a result, investors lost confidence and SRR's share price has dropped into the abyss over the last year or two. It has also struggled with lack of funding to ramp-up progress at Otjo. this development could well give SRR a fresh injection of enthusiasm and a new s/holder which wants to fast-track the Otjo project to production. new funding = no CR in the foreseeable future. AGO wants out. It's loan facility is still repayable, but the interest rate will be reduced from 11 to 6% and the facility is repayable in 5 years. This is manageable. thank you, AGO. the new managing director's performance rights are dependant on progressing Otjo as quickly as possible, ie "10 million performance rights which convert to ordinary shares upon First Commercial Ore Shipment from Otjozondu" further, "Mr Cunningham will be retiring from current directorships to focus on the development of Shaw River and Otjozondu." the big question will be whether this new blood can steer SRR to where it should have been in 2013 ... producing?! ahhh, the million dollar question. I would hope to read a statement from our new managing director in the near future about how he intends to turn SRR's fortunes around. SRR has a market cap of about $7.23m at .008c. it's current known resource at Otjo (see below) alone would suggest a higher market cap is warranted. "Shaw River has successfully outlined an "at surface" manganese bulk sample of up to 265,000 tonnes from up to 8 areas with some zones >36% Manganese." (excerpt from 31 july 2014 announcement) SRR has a "Mineral Resource estimate totalling 17Mt at 22.5% Manganese" (excerpt from 11 december 2012 announcement) "The Otjo Project possesses a number of very favourable characteristics, including: * Located in Namibia, a mining friendly and low sovereign risk jurisdiction. * Excellent proximity to existing public user road, rail and port infrastructure. * Granted mining lease with environmental approvals in place. * Potential for simple open pit mining due to outcropping resource tonnes. Processing plant consisting of crushing, screening and beneficiation equipment is owned by Otjozondu Mining, currently on care and maintenance. * A resource tonnage defined in relation to global peers which could underpin a significant mining operation. * A large tenement holding covering 90% of the known Otjozondu manganese field and, * Considerable exploration potential with only 13% of the known strike of the mineralised horizon tested to date." (excerpt from 11 december 2012 announcment) the potential is there, the resource is there, we have known that for some time now, but the strategy in getting to production has not yet worked. we will have to wait for mr market to tell us what it thinks of this new funding move by SRR. |
Posted at 05/4/2014 22:34 by stockonomist Anybody ever looked into this one ?Came across a news release which looks interesting. Going to do some digging. Has been a reverse 50 bagger or so over the last 3 years but must have something interesting if Atlas Iron own 53% ? Also the news release recently suggested they have 157,000 tonnes of rock at surface ready to be 'processed' ? At say $500/tonne manganese price and say 25% ore content that could be about $20m worth of stuff to provide cashflow for a $5m Mkt Cap Company to bootstrap itself up ? |
Posted at 18/7/2007 11:32 by nickcduk A decent enough set of results considering. A number of positives to be taken from the results. Textstyle's main competitor going bust last November has led to a 10% lfl increase in sales. Further store closures elsewhere and costs under control. It looks a decent punt around current levels if losses can be eliminated and Textstyle continues to improve. Texstyle alone would be worth a multiple of the current share price. Im long as of this morning. |
Posted at 30/3/2006 02:00 by rainmaker Have been watching this Company's share price's relentless decline but can't help thinking there will be an opportunity here- anyone else reading having the same thoughts? strongish balance sheet with cash and not too much debt and the sort of numbers I like for price/sales ratio and trading around net working capital. For any neutrals reading this who are familiar with Company I would appreciate your commentregards |
Posted at 20/2/2006 12:26 by rainmaker You beaten me to it Rarther re B& Q-Not surprised there has been selling and the MM have dropped the bid!!!!!!!Am sure that this share has further to fall!!regards |
Posted at 16/2/2006 20:09 by rarther Weaker housing market hits B&Q sales Mark Tran Thursday February 16, 2006 The DIY chain B&Q today reported a further deterioration in sales at the start of the year as a softer housing market took its toll. Europe's largest home improvement retailer, owned by Kingfisher, said same-store sales for the 13 weeks to January 28 had fallen 9% compared with an 8.4% drop in the previous quarter. "The UK home improvement market remains depressed and price competitive," the Kingfisher chief executive, Gerry Murphy, said. |
Posted at 18/1/2006 17:30 by rarther RNS Number:1131XStrategic Retail PLC 18 January 2006 Strategic Retail plc ("Strategic Retail" or the "Company") Director's shareholding Strategic Retail announces that, on 17 January 2006, Sound Financial plc ("Sound Financial"), a company of which David Mond, a director of Strategic Retail, owns 22.99% of the issued ordinary share capital, purchased 244,000 ordinary shares of 0.5p each ("Ordinary Shares") in the Company for a consideration of #24,400. David Mond is already interested in 1,811,985 Ordinary Shares, which represents 10.24% of the Company's issued Ordinary Shares. The purchase by Sound Financial increases David Mond's interest in Strategic Retail to 2,055,985 Ordinary Shares, representing 11.62% of the Ordinary Shares in issue. |
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