Stratmin Global Share Discussion Threads

[comet5d] 06/4/2016 11:26

Expect a rabbit to turn up any minute.

[illuminati1] 06/4/2016 10:06

Every company has risk but there's an awful amount of value/upside chucked in at this Market cap.Stratmin Global's Market cap now £2.8m that's after Bass offers £8.6m package AND several other parties interested.No wonder de-rampers come looking for cheap shares. lolBass Metals.....$4.6m ~ £2.45m Non-producing graphite companies, years away from production, not generating any cash!Canada Zenyatta Res..........C$51m....£27mMason Graphite.....C$51m...£27mFocus Graphite......C$31m...£17mNorthern Graphite..C$28m...£15mGraphite one..........C$23m...£13mMadagascar graphite peerEnergizer Resources..C$28m...£15mAustralia Kibaran Resources....A$28m - £15mTalga Resources.......A$42m - £22mMagnis Resources...A$133m - £71mSyrah Minerals.........A$877m - £468m!!Stratmin.....£2.8m!!Who likes value? "Several other parties interested in acquisition".As always DYORGLA

[thegrumpster] 06/4/2016 09:36

So how come you only post endless graphite articles and repost "jimbob" from Lse.

Not thoughts of your own? Because your not invested and are just getting on with your job.

A jimbob post before you repost it:

(My wife would agree with you though, in that she thinks all investing is a gamble, so on that basis you're right - but then on that logic I'd have to ask you why you invested in any share in the first place, ie why are you here?)


Personally I invested in a graphite miner. I did not choose to invest in some dead end Oz company just because they can't think of their own ways to make money, even if they are gracious enough to leave us with enough cash to pay directors salaries for six months.

Roll on the Patterson pump.

Then we'll see exactly how we've been stitched up.

Wonder why they've not released it, as it was originally mentioned a while ago.

Might have accidentally pushed up the price of STGR?

Plus if they had, BSM might have been seen by small investors in "Oz" as a good thing to invest in and they could have easily done a placing into a rising share price, and fulfilled their part of the agreement. So that we now would have the cash and jimbob and illuminati would be saying "onwards and upwards" and such like.

Someone get greedy?

[illuminati1] 06/4/2016 09:18

Jim LSEAgree - as an investing Co Stratmin has no tangible plan to return value resulting from this asset sale to STGR shareholders. I've said that on here and also twice now to the BOD via email, yet still everything I post is getting jumped on by people seemingly hell bent on discrediting me - which makes me suspicious.To counter that worry, that I think the majority of shareholders share:1. Stratmin doesn't want to go down that route. It is clear from RNS "The Board has been pursuing a number of corporate opportunities and is confident that it will be able to complete a transaction within the six months following completion of the Proposal Disposal and maintain the admission of its ordinary shares to trading on the AIM Market."Stratmin could fund this with a partial or prolonged sale of shares acquired from this deal.So those relatively infrequent posters who seem to only post negative points, often in relation to research conducted at my own expense that is in my own best interests to get right please try and digest this:There are 2 ways this could pan out, and the BOD are hoping to maintain STGR's "ordinary" listing. So Investing Company is clearly a fallback last resort position.Secondly, there are announcements pending. AIM rules (rule 15) make it MANDATORY for Stratmin to inform shareholders of their strategy going forwards AT THE TIME THE CIRCULAR IS POSTED.It's a vote where we get to vote for, or against, a strategy going forwards together with the deal.Whatever your views on this I'm confident the BOD have at least been affected by the share price movement and letter writing. Other than these concerns I remain positive about the future and contrary to the trolling I'm suffering I have made 2 purchases over £2k each over the last 5 days - not huge buying and I am keeping cash in reserve too, but please don't try and spin my aversion to foolishness as an indictment against Stratmin; cash reserves is pretty much essential to a successful AIM strategy in my view, I'd do this on any company.

[thegrumpster] 06/4/2016 08:17

"Brett Boynton, chief executive, tells Proactive Investors “the important part of this is that Stratmin will still be actively involved from technology and commercial aspects in the development as major shareholders going forward in Bass.

“We are not stepping back from the assets, we are using this as a funding mechanism and are very definitely stepping forward with assets,” he adds."



Take it that "we" is the Royal "We".....and his backroom buddies and sponsors.

[thegrumpster] 06/4/2016 08:13

Illuminati .....you forgot to post that there has been zero change in BSM's share price for a whole $A 420 of trades (or trade?). Not quite as good as yesterdays 11% rise.....a whole cent.

They're really hitting the big time.

[thegrumpster] 06/4/2016 08:05

As a company that was about to come good and may only need another small placing to come good, the reduction of nominal value of the share price by a factor of 400 seemed excessive and unnecessary.

Seeing that move in the light of the suggestion that STGR becomes an investment company, makes a whole lot more sense for our good old backroom boys.


IMO with the greatly reduced nominal value there would be ample opportunity to dilute the nuts off existing shareholders with placings and make sure the company is returned to its "rightful" owners, while keeping hapless pi's locked in to an ever decreasing shareprice.

Multitudes of locked in shareholders are a good substitute for institutional investors. They might moan a bit but they tend to hold through thick or thin.

They've been thinking well ahead with this one IMO.

[thegrumpster] 06/4/2016 07:47

"....but someone's sending the clowns in"


Been looking in the mirror again have you illuminati?

[illuminati1] 05/4/2016 22:05

Bets are Stratmin's rivals are feeling the pressure now.Direct sales - cut out the middle manRaise money on ASX - London City noses out of jointRealistic funding prospects - any graphite upstart eclipsed by a producer with solid expansion pathTake your pick, but someone's sending the clowns in

[illuminati1] 05/4/2016 22:01

"Morning Jimbob, with reference to the BB interview yesterday what in your opinion will be the vehicle to concentrate on the high margin downstream products? won't this be STGR?"Yes - absolutely. But the concern on here seems to be we're being asked to trust there is that very rabbit waiting to pop out of the hat.At the risk of repeating something else, I see this as needing only one thing to come off for us not to lose, but if the rabbit also appears we win.One of the thoughts I did have is that, if ASX is really the place to raise capital for graphite production, then maybe the background hush hush "Tirupati technology" and other confidential opportunities could also be funded from a fund raise on Bass.That would leave Bass then owning STGR shares - and also as I've said before, that would then be very close to a merged dual-listed corporate entity spanning 2 jurisdictions.

[thegrumpster] 05/4/2016 21:56

They knew exactly what was within BSM's capabilities from the start.

BSM and STGR share a director.

[thegrumpster] 05/4/2016 20:44

There were no penalties if BSM failed to fulfill their obligations, in spite of the fact that it would obviously seriously hamper STGR's progress.

In fact it could be argued that it was set up to be in BSM's interest to fail to come up with the money.

And each time they failed they were rewarded with a better offer.

How could that ever be in STGR's interest?

How could a person or persons coming up with that deal, truly claim to be acting in STGR's interests?

[the stigologist] 05/4/2016 20:35

This is the 'Actual Takeover Value'

I make it worth about £1m in Sterling

i.e.

0.6p per share !

[thegrumpster] 05/4/2016 20:30

There has been next to no interest in BSM by graphite investors in Australia so far. If there was they would have had no difficulty in raising that relatively small amount of money in what was quite a long extended period for raising money.
So it seems they have no choice but to prove their point by pirating the asset.
That will allow the cronies to make a killing. Everyone is happy.


Perhaps Brett was supposedly taking shares instead of salary, to help ease his conscience with what was to come (always assuming he has one)

It could help in confusing the issue as to whether he is acting in more in the interests of STGR or BSM.

To me he is acting primarily for BSM. Particularly in the way this is being pushed through no matter how much BSM fails to honour each agreement.

How do we know they'll honour the next one?

Experience tells us they are unlikely to?

[thegrumpster] 05/4/2016 20:22

"You'll find non holders coming on the Stratmin forum with all kinds of fears for fear mongering."

That was the tripe the ramping troupe kept coming out with on MTV, and RRL and BZM, BMR.....

Pretty much a standard ramper's accusation.



Why deramp this for a lower price, when our dear leaders are doing such a good job of deramping themselves, and trashing the SP?

[wskill] 05/4/2016 19:43

Are you insane can you not understand English the thieving Aussies have stolen the company there is nothing left to steal, they have it all for a tiny fraction of what UK investors stumped up for this venture.

[illuminati1] 05/4/2016 15:11

Refers to +2 cents for Bass share price 2x bagger for Stratmin's initial $750,000 share tranche at 1c.ISA deadline today, new allowance tomorrow. Can see +5p short term.Bass £8.6m deal = 5.4p1

[the stigologist] 05/4/2016 14:49

lol a new High of 2+

pmsl

don't set your sights too high

may go sub 1p first though

[illuminati1] 05/4/2016 13:15

Oz comment from Bass metals board

"BSM has Asset Sales to partly fund this "Deal". Soon, this month a Broker's Report from Patterson's a leading resource speccie Broker will issue and BSM reporting by them "kick in"

IMO a New High of +2 cents will soon eventuate."

[the stigologist] 05/4/2016 13:07

1's now expect sub 1p soon

lolz