Astar Minrls Share Discussion Threads

[g1g4lo] 25/4/2014 17:39

keifer - agree - was a link in the tweet

[keifer derrin] 25/4/2014 08:19

G1g4lo 24 Apr'14 - 14:40 - 1351 of 1352 Tweet from Directors Talk


how is that a tweet - lot more than 140 characters if you ask me.....and I can't count :-)

[acta_topup] 25/4/2014 00:34

A KDR in the making - let's see where we are in 3 months!

[g1g4lo] 24/4/2014 14:40

Tweet from Directors Talk

Nicholas Lee Chairman of Pasternoster Resources Plc talks about progress at Astar Minerals Plc:

"I am very pleased with the progress that has been made at Astar Minerals Plc - significant new capital has been raised, its management team strengthened and its investment policy implemented in a short period of time. I believe that the company has a very exciting future"

[acta_topup] 24/4/2014 13:00

Nice update. Can't make head or tail of the trades. Large volume but a real mix of large buyers and sellers...

[ndogg] 24/4/2014 12:05

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



Implementation of Investing Policy



Further to the announcement of 22 April 2014, Astar Minerals plc is pleased to announce that it has now implemented its investing policy, having satisfied the requirements of Rule 15 of the AIM Rules for Companies.



In addition, the Board would like to take this opportunity to provide shareholders with further information on the investment opportunity in Mexico's energy sector. The Board is actively exploring opportunities in Mexico and against this background will, if necessary, present any amendments to its investing policy to shareholders ahead of its next Annual General Meeting.



In 2012, Mexico produced approximately 3m barrels of oil per day, making it the world's ninth largest oil producer. According to the BP Statistical Review of World Energy 2013, Mexico is estimated to have the 18th largest oil reserves in the world with some 11.4bn barrels. Further, Energy Information Administration ("EIA") estimates Mexico has the eighth largest tight oil resources, being oil that is trapped in impermeable formations such as shale or sedimentary rocks that require artificial fractures to allow the hydrocarbons to flow, at 13bn barrels. As an example, the prolific Eagle Ford Shale formation across the border in Texas which produces natural gas, condensate, oil and natural gas liquids at margins more favourable than other shale plays in the US, extends into Mexico where it is largely under-exploited due to insufficient capital and lack of access to technology and expertise. Similarly, there has been very little activity in Mexico's portion of the Gulf of Mexico compared to the US due to lack of technical capacity to effectively explore or produce from deep water areas.



As a result of recent regulatory reforms to attract greater foreign investment and expertise, Mexico's energy sector is being reopened for the first time since 1938 allowing for the exploitation and development of its hydrocarbon reserves. Following discussions with relevant members of the Government of Mexico and business leaders, it is management's view that, as well as the need to attract capital into Mexico to develop its resources, appropriate technical capability and expertise are also required. The Company therefore believes that attractive opportunities exist with companies and individuals with knowledge of the Mexican energy sector and with the skills and equipment that will be required.



Astar's Chief Executive Officer Stefan Olivier said



"We are delighted that the Company has implemented its investing policy. Thanks to regulatory changes, the vast Mexican Energy sector is rapidly opening up to the international community. With our strategy to invest in natural resource companies in place, we believe that this is a highly opportune time for Astar to exploit the significant opportunities on offer within Mexico's already substantial energy industry. I look forward to providing updates on our progress in due course."

[acta_topup] 24/4/2014 10:22

they are extremely bitter and twisted. They lost a fortune with PPA. But ASTA is a new company with NEW MANAGEMENT! Wake up!!!

[monkey puzzle] 24/4/2014 10:19

yup...but that won't stop the bitter and twisted ones from slagging this down.

[acta_topup] 24/4/2014 10:17

Nice 413K buy at 1.2p

[acta_topup] 24/4/2014 10:13

Did they put the £650K into BPC??? Not too far geographically speaking?

[acta_topup] 24/4/2014 09:34

A few litle buys and we're off!

[acta_topup] 24/4/2014 00:01

By the end of the year according to the Washington Post



and besides - absolutely nothing to stop them from looking at opportunities right now, which is what they're doing. It's speculation that will drive this a lot higher before anything's been signed on the dotted line. A shame that you can't understand that

Why don't you admit that you got it COMPLETELY WRONG?! Not man enough I guess

[cliley454] 23/4/2014 23:30

Folk can judge for themselves who the liar is.
Bloomberg or Acta_topup.

hxxp://www.oilgaspost.com/2014/03/12/mexicos-finance-minister-promises-faster-timeframe-oil-contracts/

Mid 2015 at the earliest.

[grannyboy] 23/4/2014 11:54

Dropping like a lead ballon, looks like they're heading for the years low!!...

[dosser2] 23/4/2014 11:44

Many of us still here. Bitter, but not twisted.

[acta_topup] 23/4/2014 11:27

Why don't you admit you got it wrong? You said it would delist by 25th. It won't. You said that placees are selling for less than 10% gain (or even a loss). They aren't. You are now saying that an investment in Mexico won't happen for more than a year. And that is yet another blatant lie. Did you get badly burnt with PPA? You sure sound like a very bitter ex holder. Someone who got shafted and is now out to talk down the new company. I think everyone can see through your lies

[cliley454] 23/4/2014 11:15

What happened to Mexico then? Any possible investment in Mexico was at least a year away, the only reason to mention it was to pump the price up so that some could make a quick 10% profit imho. Now with no more news to come the share price will sink.

[phalen] 22/4/2014 18:10

Todays RNS was put out to meet a suspension deadline on the 25th......Im expecting the strategy and details of todays RNS to out imminently...imo of course!

[acta_topup] 22/4/2014 18:08

Best ignored. All the ducks lining up now. And no fears of suspension. We will be double today's price in a few weeks...

[acta_topup] 22/4/2014 16:30

1 million buy at 1.325p

[acta_topup] 22/4/2014 15:08

Cornhill in charge now, wake up