Astar Minrls Share Discussion Threads

[ihavenoclue] 27/5/2014 18:11

And Acta huffed and he puffed but he still couldn't stop it from dropping ... oh well, may get another rise tomorrow

[acta_topup] 27/5/2014 16:38

601 trades for a total of over 66 million shares - a truly INCREDIBLE day for ASTA!

[acta_topup] 27/5/2014 16:37

Directors with warrants at 2p - this has significantly further to go

[acta_topup] 27/5/2014 16:25

Volume is off the scale today:

[acta_topup] 27/5/2014 16:02

You seem to know a lot about NGLE. Can I ask what is your connection here?

[bam bam rubble] 27/5/2014 15:04

The JV partner is an OTC shell company Nogal Energy to be renamed NovaMex Energy.
Estate agent Steve Bargo who has some experience in the Mexico real estate market recently took 90% of Nogal in return for 'advisory services' i.e. got free shares
and will now try leasing land there for oil & gas instead of property development.

Asta has engaged Steve to find some acreage and pay for its services by offering
his nanocap company 49% carried interest in any leases, with Asta paying 100% of
costs. For some reason this arrangement has gone down well with AIM mug punters.

[acta_topup] 27/5/2014 14:48

519 trades TODAY

[acta_topup] 27/5/2014 14:40

Preliminary license news likely to come in the next few months, possible big investor coming on board. everything coming together nicely. they have a paltry share price because of the history (irrelevant) and because it's AIM - few people took any notice in ASTA - but now that has completely changed. Volume is approaching 60 million - absolutely MASSIVE. A new set of investors on board and should be a very exciting ride

[grannyboy] 27/5/2014 14:32

Nothing whatsover to do with sour grapes, just common sense, they've got no assets and who knows when they'l get any licences?..

It doen't matter if YOU think these have a paltry s/p, they've a paltry share price for a reason...

There'l be NO exploring for at least 18 months...It'l all be fundraisings....

[acta_topup] 27/5/2014 14:30

£5 million MC and >4p shareprice would reflect fair value now

[acta_topup] 27/5/2014 14:27

Well worth it though monkey - and of course this is just the BEGINNING

[acta_topup] 27/5/2014 14:27

Continues to inch up - get ready for the big push up today - fewer and fewer sellers left

[monkey puzzle] 27/5/2014 14:27

Nice day today...been a long wait

[acta_topup] 27/5/2014 14:25

53 million traded. Volume is truly breathtaking

[acta_topup] 27/5/2014 14:23

This is far from a spike. The shareprice will build significantly from these paltry levels. Expecting 2p in the coming days and then a move to 5p and beyond in the coming weeks and months

[acta_topup] 27/5/2014 14:21

ROSE previously didn't have an asset, they were in a similar boat to ASTA. ASTA are extremely likely to get an asset.

I don't do OTC.

All explorers need cash - of course money will be raised. The question is at what price? KDR shareprice languishing for months at 0.5 - they ended up doing placings at 1.5p and 2p+. Shareprice recently peaked close to 4p. Those buying at 0.5p like me had a potential 8 bagger. So your comments are a bit facetious and strike me as being sour grapes

[acta_topup] 27/5/2014 14:17

Let's clear out the short-termers. The multibagger potential here is truly one of the biggest on AIM

[grannyboy] 27/5/2014 13:57

oldtown yes you're right in your assumptions.

[oldtown] 27/5/2014 13:35

How is this going to hold any gains when the the RNS states the agreement is just to raise cash?
Todays RNS is just a pretentious adavnce notice of a placing .
Punters getting mugged.

[grannyboy] 27/5/2014 13:29

They've not even got an asset in mind yet..These and ROSE are completely different.

If i'd been invested before this spike i would definitely be either selling or top slicing..Certainly would'nt be buying...

[bam bam rubble] 27/5/2014 13:27

Acta_topup, it's certainly speculative. However if you believe in the potential of this new venture why not invest in the partner Nogal Energy (market cap £0.4m) who will hold the same equity as Asta, and the agreement implies they won't be paying a bean as Asta is taking on the responsibility for funding work.

[encarter] 27/5/2014 13:24

Tis is the stuff of which dreams are made, why sell for a few hundred quid profit?

[sidjameslaugh] 27/5/2014 13:24

Based on that news I would recommend doing nothing except watch the movement and exit when the price is right.

[someuwin] 27/5/2014 13:22

Great news.

[acta_topup] 27/5/2014 13:21

Plenty of shaking going on here. The afternoon should be very interesting