Stratex Share Discussion Threads

[laptop15] 25/7/2016 16:13

Thanks Tadtech :)) yes its definitely way undervalued!!

[goldenshare888] 25/7/2016 15:50

Don't forget a pipe,slippers and large kebab (with special sauce)!!

:)))

[tadtech] 25/7/2016 15:31

Laptop15

The cash position here was £2.9m end May this year.

Then there is the small matter of Q1 & Q2 cash from the mine, it could be as much as £2m to Stratex.

It is entirely possible that cash in the bank could shortly account for 35% of the current market cap. That would make Stratex 45% share of a fully operational new gold mine worth only £6m

Then there are the other assets/investments.

All for a £10m market cap??

[laptop15] 25/7/2016 14:33

Charles, do we know how much cash stratex have at the moment? Thinking of buying more here as its not really gone up much at all yet.

[charles clore] 25/7/2016 14:19

It seems there may be a shortage of stock. I can buy up to 300k online for 2.19p but if I ask for a quote on anything above 400k they want 2.65p. Yes, 2.65!

[shortarm] 25/7/2016 12:41

You're both lying and I know that for a fact!!!I'm Spartacus!!!

[exbiz] 25/7/2016 12:37

No I'm Spartacus

[corguv] 25/7/2016 12:15

I an Spartacus !

[shortarm] 25/7/2016 11:13

Corguv, as well as being Clan are you also Chicken Licken or that boy that was always on about some wolf or other?

[corguv] 25/7/2016 11:11

So what happens IF.
Surely the BOD of Stratex know what is happening ?
And should have informed shareholders ?

But if you want to fantasise if Stratex get £2million to replenish the near empty bank account. Whatever is left will disappear into £2 million plus Admin expenses per annum plus financing GRL with yet more cash et al

[charles clore] 25/7/2016 11:08

Observer - surely we are confident that Bob will pull a rabbit out of the hat. That's why we are still here is it not?

[observer007] 25/7/2016 11:04

So what happens, if later this week, Stratex announce the mine has produced 10,000+ ounces for quarter 2 and the company has received circa £2m cash for Q1&2.

I think we may see a nice rise, STI have said they will report quarterly production after-all.

Patience

[goldenshare888] 25/7/2016 10:55

Depends who you ask I guess, Bob could be very tied up at present.

Remember wearing slippers and smoking a pipe is a difficult look to pull off in a Turkish Bath and requires time and effort.This time analysis does not even factor in the long walk to the nearest kebab shop!

LOL :)))

[charles clore] 25/7/2016 10:36

exbiz - surely 'what is our current bank balance?' should not be a difficult question to answer.

[exbiz] 25/7/2016 10:19

Shortarm it may be a wild assumption but assumptions are all we have to go on as management have not informed us of any payments made to us or any other figures for that matter. More than nine months into production and no disclosure of payments received by way of mine revenue, it's no great leap of faith to come to the conclusion that we haven't received a bean.

[charles clore] 25/7/2016 09:47

juju - that is a remote possibility of course. But under such circumstances the company is obliged to inform the market, n'est pas? I am counting down for an eruption to the upside. Tick, tock, tick tock

[goldenshare888] 25/7/2016 09:47

Charles - make sure you have some tissues handy, sounds messy! LOL

I think Bob may be hoping for the same "eruption to the upside" as you...

Bob may be having trouble leaving the Turkish Bath House of course!

I hope Bob does not have to do any presentations over there, the last one I saw from him was bad enough in English!

[goldenshare888] 25/7/2016 09:36

LOL!

I feel Bob may be hiding in a Turkish Bath House (pipe & slippers on of course) and only popping out occasionally for a chicken kebab with extra special sauce!

:)))

[shortarm] 25/7/2016 09:34

Bahar may have elbowed STI out of any entitlement!?!??That's some massive leap of an ass(umption)! Maybe all the gold has disappeared and they're melting chocolate bars?

[juju44] 25/7/2016 09:30

Looks like Bob and the lads are in hiding , protecting one of the best kept secrets on AIM - the progress , or lack off , with Bahar. Bahar may just have elbowed STI out of any entitlement

[tadtech] 24/7/2016 20:35

Interesting podcast from Mining Maven, talks about the current sector bull market and what is likely to come. How stocks can rise from 1p-2p to 40p-50p

[punkfeelinglucky] 24/7/2016 09:43

..... and sometimes you don't?

[georgesorrow] 22/7/2016 16:00

Yes, this bb can be a lonely place. Sometimes I wish someone else would post apart from me.

[exbiz] 22/7/2016 15:56

My condolences, I'm not trying to make you paranoid but everyone's talking about you, all one of us.