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% 0.025 0.01 0.04 0.025 0.025 0.03 0.00 07:58:47
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
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All Star Minerals Share Discussion Threads

Showing 1151 to 1171 of 1200 messages
Chat Pages: 48  47  46  45  44  43  42  41  40  39  38  37  Older
DateSubjectAuthorDiscuss
05/7/2014
21:04
wtf is going on here?
dmk1198
05/7/2014
20:57
14 may-some huge buys going on with this Share over the last few days. 2.5Million and then another 3.5Million today. Not sure if anyone else got a letter through the post but I received one with an invitation to go to meeting / conference for ASMO by a stock broker (can't remember what they were called) so may need to research into them a bit more. But from what says, focus and drive is very much on "The Big One" in Auzzie land and the copper project. Sounds like they are trying to drum up some business and interest using the usual marketing techniques.
dmk1198
14/5/2014
12:49
Anyone else receive a letter from ASMO` New broker?
3windy
22/1/2014
22:46
Very worrying sequence of events!
stav5001
21/1/2014
19:36
conrad should be sued! what a silly mistake
dmk1198
21/1/2014
19:14
At least the money we lent to U308 is in safe hands - not. http://www.investegate.co.uk/u3o8-holdings-plc--u3op-/prn/convertible-loan-note-and-update/20131126121447PF381/
dropside
21/1/2014
10:25
And yet this was released in November? KeywordCompanyEPIC/TIDMSEDOL/ISINNews Price Announcements Fundamentals News Article RSS All Star Minerals (ASMO) Add to Alerts list Print Mail a friend Tuesday 12 November, 2013 All Star Minerals Acquisition of New Project 12 November 2013 ALL STAR MINERALS PLC ("All Star" or "the Company") ACQUISITION OF NEW PROJECT All Star is pleased to announce that it has acquired a new project in North-West Queensland called The Big One. The cost of the acquisition is Aus$150,000, of which Au$10,000 has been paid to date, with the balance of Au$140,000 payable upon the satisfaction of conditions precedent being met by the vendor pertaining to the sale of The Big One. LOCATION The Big One is a copper project with a mining lease covering 320 acres in North-Western Queensland. The project is located in a region with an abundance of base metal mineralisation, being approximately 100 kilometres North-West of Glencore's Mount Isa Mines and approximately 20 kilometres South-East of CST Mining Group's Lady Annie copper mine, as well as a number of other operating mines and deposits. GEOLOGY The Big One is situated on a North-East striking fault structure, which lies subparallel and approximately 11 kilometres from the Mount Gordon Fault Zone. The deposit lies in the Myally Subgroup within the dolomitic, feldspathic sandstones and siltstones of the Upper Lochness Formation and the feldspathic quartzites and sandstones of the Whitworth Quartzite. Fault structures stand proud as hills above the lower lying unfaulted sediments. The outcropping mineralisation at The Big One is predominantly copper lode within vesicular basalt of a fault gouge. The dominant copper mineralisation is malachite, whilst chalcocite and azurite are also present. HISTORY In 1997, 4,000 tonnes were mined at an average copper grade of 4% through rough selection of ore. However, mining was ceased due to the average cost of production being around US$2,000 per tonne, which resulted in the operation breaking even. KNOWN RESOURCE Historic drilling of 29 holes to an average depth of around 18 metres below surface has determined that 59,000 tonnes of copper bearing ore is in-situ. Based on a conservative copper grade of 2.2%, being the average grade from the drilling programme - at least 1,298 tonnes of ore are in place (non-JORC), which at a price of US$7,000 per tonne equates to an in-situ value of US$9 million for the known copper content of the ore body. Post analysis of the 29 holes, it was determined that the higher grade portions of the lode were located to the Eastern end of the deposit, where no drilling had taken place. As a result, the directors of the Company are confident that the known ore body should average at least 4% copper, in line with what rough selection of ore achieved from production in 1997. Should this be confirmed then the in-situ value of the known copper content of the ore body would, at a copper price of US$7,000 per tonne, be worth US$16.52 million. Of further significance, copper mineralisation was present at the greatest depth drilled, and it is believed a potential leached zone exists below the known supergene. In addition, a large gossanous outcrop is located a couple of hundred metres from the outcropping mineralisation. Gossans can be the upper and exposed part of an ore deposit, and is an additional target to potentially expand the resource, along with drilling to depth to target the potential leached zone. From its analysis to date, the Company is confident that the deposit is considerably larger than what is shown from past exploration. PLANNED DEVELOPMENT Prior to the signing of the purchase contract, All Star has been working alongside a local mining contractor who, following a site visit, has confirmed that production of the known resource at The Big One can commence within six months of completing the acquisition. Discussions have also been held with the General Manager of Mount Cuthbert Copper Refinery who has indicated a willingness to purchase all ore produced subject to various terms and conditions. All Star is now in the process of developing a Plan of Operations that will be submitted to the Queensland Department of Mines for approval. It is anticipated that approval will take two months following submission. Once this plan is approved minor remediation work will be undertaken to the local road network ahead of production start-up. A mobile plant will be put in place at the mine site to ensure that the copper bearing ore is crushed to an acceptable size. At a later stage the Company will examine the feasibility of adding further enhancements to the plant that will enable it to produce a higher quality product, thereby minimising transport costs and providing the company with a higher net return. COMMENTING, TOMAS NUGENT, CHAIRMAN, SAID: "We believe that this could prove to be a game changing opportunity for All Star. We recognise that there has been a shift in investor thinking over recent years to wanting to see evidence of production and cash flow, rather than regular cash calls to progress exploration projects. The Big One should ensure that All Star moves from being a grass roots exploration company to being profitable over the coming months. This will ensure that it can self-finance its exploration opportunities, but also expand its portfolio of producing assets." CONRAD WINDHAM, CHIEF EXECUTIVE OFFICER, ADDED: "We are delighted to have secured this opportunity for All Star. We have long been seeking to acquire a near-term producing asset such as The Big One, and this opportunity ticks all the boxes for us, in particular having an attractive known resource and being in close proximity to a number of profitable mining operations. The immediate objective is now to complete the acquisition of The Big One and submit the Plan of Operations to the Queensland Department of Mines for approval. In addition to The Big One we are also assessing other high-grade copper deposits in the vicinity of The Big One. We are very much of the belief that the addition of approved mining leases with near ready production potential could prove to be a transformational acquisitions for the Company." The Directors of the Company accept responsibility for the contents of this announcement. ENQUIRIES: All Star Minerals plc Tomas Nugent, Chairman Conrad Windham, CEO 01366 500722 Corporate Adviser Peterhouse Corporate Finance Limited Guy Miller / Mark Anwyl Telephone: 020 7220 9796 All Star Minerals plc
stav5001
20/1/2014
23:59
Dropside - interesting link, I had missed that.... Well Conrad should have raised an RNS for that for certain. This has a stench of death about it. at very best, even if it can pull off a deal, the generous options the board of destructors, er I meant the board of directors, awarded themselves means that existing shareholders who have funded this company for years will witness massive dilution and zero return. Whatever, it stinks. Conrad - play fair with the shareholders.......
failedqs
20/1/2014
22:13
Dropside This does not make for good reading. Should definitely have been communicated to shareholders. Any ideas anyone?
stav5001
19/1/2014
08:19
Hi Steve, Not sure you can say these things anymore Though. Maybe worth deleting it !!!. one of his Ex's is starting to kick into gear !
tenapen
18/1/2014
16:59
Good find,dropside. Conrad is - and always has been - a conman. People like him should be prosecuted for the lies and false promises they make to investors. This is not simply bad management, or failing to meet aspirations. It is verging on fraud in my view, but whether that coulld ever be proved is debateable. Can anyone tell me one SINGLE thing that Conrad has actually achieved ? - apart from talk total rubbish.
cyprussteve
18/1/2014
15:59
They should have communicated this by rns and commented, very material information for the shareholders you would think: http://www.isdx.com/regulation/MktNoticeDetail.aspx?nid=2085052
dropside
01/1/2014
23:00
DMV You are not alone, communication is not Conrads strong point
stav5001
30/12/2013
10:36
What's happened here? Have we gone bust? X-O says I'm 100% down? £5k lost :-(
dmk1198
04/12/2013
08:50
Good god, as if All Star wasnt losing enough money on its own - Conrad has lent a wad of our cash to U308, another of his white elephants....... Come on Conrad, stop playing at trying to be a magnate and actually do something that produces results for all the shareholders...... This Company has a stench of death about it now, lots of posturing, but nothing happening.
failedqs
12/11/2013
07:22
Double RNS http://www.investegate.co.uk/all-star-minerals--asmo-/mkw/appointment-of-chairman-and-loan-redemption/20131112065959M5412/ http://www.investegate.co.uk/all-star-minerals--asmo-/mkw/acquisition-of-new-project/20131112070000M5433/ "Of further significance, copper mineralisation was present at the greatest depth drilled, and it is believed a potential leached zone exists below the known supergene. In addition, a large gossanous outcrop is located a couple of hundred metres from the outcropping mineralisation. Gossans can be the upper and exposed part of an ore deposit, and is an additional target to potentially expand the resource, along with drilling to depth to target the potential leached zone. From its analysis to date, the Company is confident that the deposit is considerably larger than what is shown from past exploration."
tradermel
18/10/2013
07:58
Noticed this fund raising the other day to top up the kitty. http://www.investegate.co.uk/all-star-minerals--asmo-/mkw/issue-of-convertible-loan-notes/20131015174553M4616/
blueliner
18/10/2013
07:43
Hello.....
stav5001
25/9/2013
07:21
Our stakes in Jodo Gold and Circle Resources have been sold. Not sure what to make of it all, but my gut feel is that All Star is, sadly, never going to amount to anything. Conrad, if you read this, what exactly is the plan going forward?.........
failedqs
13/8/2013
08:52
I note their website is now down & possibly up for sale by the owner it states...Not sure how long it's been like this!
carpe diem007
11/7/2013
18:20
Reported sell today @ 0.05 11/07/2013 08:51 250,000 @ 0.05
cyprussteve
Chat Pages: 48  47  46  45  44  43  42  41  40  39  38  37  Older
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