All Star Minerals Share Discussion Threads

[n3tleylucas] 17/5/2012 08:38

All Star Minerals plc ("All Star" or the "Company) is pleased to announce that the Company has issued 15,000,000 new ordinary shares of 0.1 pence each ("Ordinary Shares") at a price of 0.45p per ordinary share to Pegasus Investments Ltd in consideration of consultancy services. Following this issue, Pegasus Investments Ltd is interested in a total of 15,000,000 Ordinary Shares, representing 4.96% of the issued share capital of the Company of 302,038,250 Ordinary Shares. The directors are interested in a total of 11,315,515 Ordinary Shares representing 3.74% of the issued share capital.

[microscope] 15/5/2012 17:26

Haha yes Whoppy. "Strategic" move perchance? :)

[whoppy] 15/5/2012 13:13

Maybe you will see a reverse takeover of a mining shell company already listed on AIM.

[anley] 15/5/2012 12:35

Who on the earth would want to buy ASMO at a valuation of £1,000,000.......ask yourself just what the assets are worth and then look at the debtors.......you will then kick yourself for being a shareholder.

[n3tleylucas] 15/5/2012 12:24

Tuesday 15 May, 2012 All Star Minerals Statement regarding PLUS Markets Group plc GB00B12T7004/GBP/PLUS-exn 15 May 2012 All Star Minerals plc (the "Company") Statement regarding PLUS Markets Group plc The Directors of the Company note the announcement made by PLUS Markets Group plc on 14 May 2012 regarding the orderly closure of the PLUS-quoted market over a period of up to six months. The Company is conscious of the advantages of retaining a market listing and is working with its Corporate Adviser, St Helens Capital Partners LLP, to consider all the options available to the Company. A further announcement will be made when appropriate. The Company accepts responsibility for the contents of this announcement. For further information please contact: All Star Minerals plc Conrad Windham Telephone: [phone] E-mail: [e-mail] Website: www.allstarminerals.com Corporate Adviser St Helens Capital Partners LLP Duncan Vasey / Mark Anwyl Telephone: [phone] Broker SVS Securities plc Ian Callaway or Alex Mattey Telephone: [phone] All Star Minerals plc

[whoppy] 14/5/2012 14:24

Considering Mr Windham has been buying shares, at least he is aligned with shareholders, so think he will come up with a stategic way of making sure the minerals are safe. Maybe a company already listed on AIM would have a strategic interest in acquiring the Aus assets from ASMO, indeed if not the whole company. The new chap at ASMO is associated with Strategic Minerals already on AIM which has similar Aus projects. Maybe there will be a crossover to AIM.

[loadsamonay] 14/5/2012 13:35

14th May Conrad Windham þ @ConradWindham Quite simply that has to be the most remarkable and exciting end to not just the Premier League, but any league, ever. Congratulations City! http://twitter.com/#!/ConradWindham But will the end for Conrad's companies be as exciting? Plus markets closing down..

[loadsamonay] 14/5/2012 13:35

7th May 2012 Conrad Windham þ @ConradWindham Had a great afternoon at the Bluebird restaurant in Chelsea with friends and family. Great win for Ronnie in the snooker tonight http://twitter.com/#!/ConradWindham Meanwhile, PLUS markets folds...(www.ft.com)..where are we going to trade our shares conrad? Have you woken up today? Its 2pm now and you need to find a new exchange on which your shareholders can trade their shares.

[anley] 14/5/2012 09:37

So how is ASMO going to pay for it to go on AIM? Will that make the shares worthless if they can not find the money?

[stav5001] 01/5/2012 18:20

anley I am not laughing......nor are others it seems.

[cyprussteve] 30/4/2012 12:22

RE Australian "Assets" http://www.cdrex.com/blue-doe-gold-plc-7721652.html It seems that the Company cannot even be bothered to update it's website - http://www.allstarminerals.com/default.aspx in which it's headline says : "All Star Minerals plc is a uranium, rare earth, and iron ore exploration company that owns three properties in Sweden; Gilpas (51 km²), Samon, (28 km²) and Kuusivaara (32 km²). Sweden has a rich history of mining that goes back over 1,000 years, and which continues to be amongst the most politically and economically stable countries for the development of natural resource projects in the world. All Star Minerals believes that it is operating in a favourable environment for nuclear power. Both Sweden and Finland are reliant upon nuclear power for generating a significant level of their electricity. Finland generates in the region of 22.6 billion kWh from its four nuclear reactors, and has announced plans for a further three reactors to be constructed. Sweden has 10 operating nuclear reactors, which generate over 60 billion kWh per annum, being over 40% of the Country's electricity consumption" The deal with Doe Gold was made on 21 December 2011 - but the website still ignores it. What has all the previous funding been done for ? - not a single drill bit in Sweden - what total nonsense !! Make up your own minds if the Company has the slightest intention of creating shareholder value.

[whoppy] 30/4/2012 11:21

Sounds like they want to float the Aus assets on AIM, in which case if they get the IPO funded and away then this will create some instant value for ASMO and any appreciation in ASMO share price will afford fundraising for Samon/Gilpas. In the immediate future I guess the value of the Aus assets are key to the future share price of ASMO, so if they can get the listing on AIM it will be good, imo.

[cyprussteve] 30/4/2012 11:01

Extracts from today's RNS. "It is our intention to complete a pre-IPO fundraising for Blue Doe Gold plc over the coming weeks, and tothen move the company forward for a listing on the AIM market. It is our belief that All Star's retained shareholding in Blue Doe Gold plc will create significant value for the company and its shareholders." "It had been our intention to commence drilling programmes at Gilpas, and the Samon iron ore target in April and May. However, in order to progress the work programmes it will be necessary to raise new equity. The current share price for All Star is 0.45p, which values the company at GBP1.3 million. I do not believe it is in the best interests of the longer-term success of the company, nor shareholders, if we were to raise the necessary finance to drill the targets at Gilpas and Samon at the current share price. Historically we have had no choice but to accept funding at a discount to the prevailing share price, and if we were to do that today the dilution to existing shareholders would be substantial." If I am reading all this correctly, they intend to focus on the Aus projects, about which they don't have a clue, rather than Gilpas and Samon which we already know are in proven IO JORC territory. The only reason I bought into ASMO initially was due to what I perceived as the potential of the the Swedish IO projects, Jan's geological involvement, and proximity to Beowulf projects. When they started their funding antics some time ago, luckily I sold out straight away, and just about covered my investment. This is NOT the Company I had initially invested in - totally different priorities, and, in my opinion, a totally self serving and juvenile CEO, who , in my view, has no credible business strategy for ASMO whatsoever.

[rawnsley90] 30/4/2012 10:33

A reasonably decent and promising annual report, however looking at all these posts on twitter it seems we are in for a rough ride. For what it's worth I think we will acheive a chance to break even...or at least above his average buys .6/.8? as he seems self involved, therefore a self involved person wouldn't throw money into a stock that was dead and buried, therefore getting Blue Doe on the AIM with us having a 50% interest can still have potential for 1p again. The sad case is, he'll probably screw some other people over which will allow us the opportunity to exit... I don't expect it to be down to anything other than his interests that happen to be aligned with ours fortunately and may give us a chance to get out, who knows, maybe even with a profit! One thing to note if he this was just a vechile to fund his lifestyle, he would of paid himself more, rather than buying shares. First experience on the PLUS markets, I shall be much more careful next time, less checks than the AIM which is already very low, perfect paradise for scammers, it's very big in America.

[stav5001] 27/4/2012 15:37

What's new here, am I a millionaire yet? Still holding. LOL!

[anley] 16/4/2012 09:06

I wonder if the company credit card was used................???????

[loadsamonay] 03/4/2012 12:20

@conradWindham 31st March Had a lovely afternoon at Embassy Mayfair, and now off to Nobu... Hunger strikes!

[loadsamonay] 22/3/2012 16:43

Great evening @MamouniaLounge with my mate Zoe, best broker in the city. This is how we roll... 10:36 PM - 2 Nov 11 via web · Details

[loadsamonay] 22/3/2012 16:40

@conradWindham Hope that TOWIE ups its game tonight. Felt a bit tired and laboured on Sunday night. Anyway, when's Made In Chelsea back? Love that show! 7:15 PM - 1 Feb 12 via web

[loadsamonay] 22/3/2012 16:33

There goes our money... Twitter Conrad Windham ‏ @ConradWindham 7th March Urgh, tired today. Heavy night at Gaucho and Oxo Bar