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Share Name Share Symbol Market Type Share ISIN Share Description
All Star Minerals plc NEX:ASMO NEX Ordinary Share GB00B12T7004
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.02 0.01 0.04 0.02 0.015 0.02 5,000,000 16:30:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
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All Star Minerals Share Discussion Threads

Showing 751 to 775 of 1200 messages
Chat Pages: Latest  36  35  34  33  32  31  30  29  28  27  26  25  Older
DateSubjectAuthorDiscuss
13/3/2011
16:53
SP holding up well. Am looking for confirmation that they are going to get on site and get drilling! If they do, I'll top up.
loadsamonay
09/3/2011
14:45
Yes I'm tempted to agree RL13. It could have been worse. I think they had raised about £90k earlier in the year, and this is about £100k so hopefully they now have around £200k which is mentioned in the article above to fund drilling. I want to see them at the very least on site and drilling before they raise any more funds! The mention of magnetite is a nice morsel to tempt us, BUT, its not clear quite what work that is. It might just be desk based work, rather than going out in the field to do a magnetic survey. I do feel slightly frustrated though, as I think there is a very real chance that they have very high quality assets. Jan Ola is top class in terms of his geological assessments in his locality. They are truly lucky to have him helping them. With such good assets I just want to see them crack on with this and do something in the field. Uranium and iron ore are flavour of the month. It would be a terrible waste of an opportunity if they missed this gilt edged opportunity. Not least for themselves. A big magnetite find and a good uranium jorc could make these directors very very rich (they hold 4%) - and Conrad could retire aged 30 or something! So they have plenty of incentive to apply themselvs to this and to get this moving I feel.
loadsamonay
09/3/2011
14:14
I am pleasantly surprised by the placing price of 1.25p which is an increase on last months placing which was 1.1p. I also like the way it spells out exactly what the money is for, to fund the ongoing development of the Company's projects in Sweden, and that it isnt just going to cover admin expenses. All in all very good news imo and shows that the company can raise the finance needed to progress things.
rl13
09/3/2011
13:11
http://www.investegate.co.uk/article.aspx?id=20110309130213M2382&fe=1
worrier
09/3/2011
13:08
Just out, sorry cannot link They just placed 8,500,000 at 1.25p to fund ongoing dev. Commenced work on understanding the magnetite
worrier
08/3/2011
17:28
Found this. Says they have enough for initial drilling. Wish they'd hurry up and tell us about that placing...which did or did not happen... http://www.edisoninvestmentresearch.co.uk/research/company/all-star-minerals Drilling at All Star Minerals' Gilpas project in northern Sweden is expected to commence in April. A 50-hole, 500m bedrock interface drilling programme is designed to confirm the presence of uranium mineralization associated with a significant radon anomaly. A new phase of radon surveying was completed recently and results indicate that the anomalous zone is up to 500m long which is comparable in size to the nearby Pleutajokk uranium deposit. If drilling at Gilpas intersects uranium mineralization then a comparison with nearby deposits will provide a good basis for valuing the project. All Star is looking to raise up to £200,000 in the near future but has sufficient funds in place for the initial £42,000 drilling programme at Gilpas. Last updated on 03/03/2011 Industry outlookProject risk has been reduced by a new bill allowing for the future construction of nuclear power plants in Sweden, which came into effect on 1 January 2011. At $69/lb of U3O8, the uranium spot price has almost doubled since April 2010. Last updated on 03/03/2011 Key managementConrad Windham, CEO Edward Taylor, FD Company address3 Jane Forby Close Wretton King's Lynn Norfolk PE33 9QE United Kingdom +44 1353 649 701 View website
loadsamonay
08/3/2011
17:26
AND two sells of 2,700,000 shares ............ suggest they are coming from the pool that were issued at rock bottom prices!!
anley
08/3/2011
16:26
So what is the full cost for all this............
anley
08/3/2011
12:26
It's pretty clear what programme of drilling and surveys they have lined up for the next few weeks. Anything successful will allow them to raise more funding at higher share price Straightforward enough if they believe what is there is there. Read extracts from RNS below. Extracts from 31/01/11 RNS. Gilpas as follows: We have submitted plans for an initial 500 metre drilling program at Gilpas to the Swedish Mines Inspector. The drill program will test 50 selected points to the bedrock/glacial overburden interface. Where positive results are identified from onsite scintillometer readings of sampled material, further diamond drilling of bedrock will be tested. This initial drill program will enable us to understand the grade of uranium we are looking at, the thickness of the mineralization, and, if sufficient positive results are obtained, enable us to report a maiden indicated JORC resource. "Our timetable is to receive permission to drill from the Mines Inspector during the first quarter, with drilling to commence in April, and results and the maiden JORC indicated resource reported during the third quarter." Our knowledge of the Gilpas project gives us the confidence that it will prove to be a company maker. Due to the uranium mineralization being at bedrock surface, coupled with the grade we are targeting, the economics of the project could be superb. We look forward to keeping shareholders informed over the coming weeks of progress at Gilpas." Samon as follows: The Company has submitted a drilling program to the Mines Inspector of Sweden with a view to undertaking bedrock interface sampling, which will enable it to have a far clearer understanding of the bedrock geology and possible mineralization. The second target lies at the north of the licence where the Company has discovered a strong magnetic anomaly across a continuous area of 750,000 square metres, which it believes has the potential to host a magnetite deposit. Further work is planned to commence in the coming weeks to define the extension of this magnetite target. "I am pleased that we will be commencing work on the Samon licence, and understanding more about the geology of the two targets now identified at the licence."
whoppy
08/3/2011
12:23
Of course they will disclose the number of shares issued and the price but to date or since the last issue they have not done this because it has not happened. Beowulf raised £1.4m last year to do all the drilling to date and drilling is not cheap..........go look at Extract to see how much has had to be raised to date. The problem with ASMO is the directors have to prove if there is a commercial uranium find and this is where we are today..........waiting.
anley
08/3/2011
12:14
They have to tell us the number of shares actually issued, Im sure. And a placing would have increased that number. So I think they need to tell us if they have placed more. I understand the point, but drilling is done in stages, scout drilling then more systematic drilling. Initial drilling isn't that expensive in Sweden. Beowulf drilled up a lot of iron ore for £20-100k or something. It hasn't had to raise much money for its campaign. That was iron ore and this is uranium, which might be more costly I guess. The Edison report recently into PLUS companies (free on its website) mentioned £200k costs for ASMO - but I've not seen that sum mentioned elsewhere. Anyway, I am sure that if they drill in stages, then the capital is raised as needed. Obviously you don't raise money to turn it into a producer before you've even drilled to see whats there. My point is that, while I see your point, this can be done in principle. I've seen it done with beowulf and with Marianna for example. So there is no obstacle per se to developing these assets. But a plan, drilling permits, drilling plan, cost indication etc would make sense. In fact a business plan - I think that is what we're lacking in the public domain!! More information would be good!
loadsamonay
08/3/2011
10:35
Not at all if you understand the Rules and Regulations which govern plc companies. As I have said before the company has to come clean about the true costs of drilling as all you have at the moment is a radon test over a small area of land. The costs to prove all this could be huge and the current management will at some stage have to give full details. The best bet for everyone to understand the basics of uranium mining is to have a good look at Kalahari Minerals on AIM which owns 43% of Extract Resources one of the largest uranium mines to come on stream in the world. Look at all the financing that has gone into both the companies and see how long it took to get to where these two mining business are today. So back to the first question: How many drill holes are needed to prove to the market that there may be a commercial project to finance and WHAT IS ALL THIS GOING TO COST? And remember that from Drilling TO Scoping TO Feasibility TO Project Development and finally Production could take up to 7 to 10 years. A JORC compliant is an indicated report which will state XXXX pounds of U308 but it is the Inferred resources report which tells us how much the find really could contain and this could be up to 50% LESS than the Inferred report. Finally I still see more of those cheap shares being sold in to the market.....
anley
08/3/2011
09:28
the shares mag article actually said "take profits" i think rather than "sell". But anyway who cares. They just like to book a "win" for the purposes of the magazine. Their buy rec was at a price way below the actual price on the day of publication of the magazine so its a bit of a nonsense anyway. Having said that Im perplexed by the lack of follow up to the rns about the share placing. What on earth is going on! Either they placed shares or they didnt. And if they did, I'm assuming that they would have made an rns to say so. All very confusing.
loadsamonay
06/3/2011
19:51
RL13. Am on your wave length great potential massive find, 100% am a longtermer this is a winner if I ever saw one .So if anybody wants to sell your doing me favour I will buy on the cheap again .
aimshares
05/3/2011
18:55
I would have thought it would be fairly obvious what an updated broker note could do to the share price. I am sure most other people on here, investors who would actually like to see the share price rise and not fall, realise too. There have also been a lot of big buys in the last month and indeed there have been more buys than sells. As a result the share price has risen considerably over the past month. When the share price has risen so much it is only natural that some of the people who have seen gains of 300% or more sell. I think most posters on here are in for the long term, as they see the huge potential, and so short term fluctuations do not really matter. I could have sold out many times over the past few weeks for a nice profit but I really believe in this long term and imo there are much bigger profits to come. As this share moves so quick you could easily be left behind if you are not holdng when news comes.
rl13
05/3/2011
10:18
Whose bothered what 'Share Mag' prints, I'm certainly not.
blueliner
05/3/2011
10:17
Why not.........there is still a big share over hang...............just study all the sell orders over the last month.
anley
04/3/2011
19:37
With the updated broker note due any day now I really cant understand why anyone would sell.
rl13
04/3/2011
15:00
Share Mag saying SELL apparently
omnitrix
03/3/2011
23:07
Yes am holding too. The story is a great one. The assets have huge potential. This is THE time to be in uranium. The have a great geologist. Sweden is THE place to be for mining in my view. We just need to get up and running. I'm a bit concerned about the placing, it was certainly odd coming so soon after the last one, and want to be sure that its put to good use, and know how much it is for. A low level placing would do us damage and certainly p&&&& me off. But equally a placing at a decent price would set a floor under the share price Otherwise I want to see this company crack on. There is no doubt in my mind that the potential here is enormous. They just need to unlock it.
loadsamonay
03/3/2011
22:57
Shares Mag this week advises to "sell" since they are up 100% since their tip earlier this year. Cant see many people selling, I for one am hanging on for the big multi bagger this could be in a year or two....
failedqs
03/3/2011
22:30
in months to come all star will be a winner and I have topped up to a very nice holding in all star .
aimshares
02/3/2011
18:11
SP is so volatile here, the sooner we are on AIM the better.
stav5001
01/3/2011
21:56
This Minesite article was the article that I said was due in my post about 10 days ago. The next big piece of news is the updated broker note which should be released any day now and the new website which will hopefully be live by the end of March. It just shows how everything is progressing as planned.
rl13
01/3/2011
21:33
Indeed, thanks Steve
dropside
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