Stratmin Global Share Discussion Threads

[wskill] 14/4/2016 18:32

Because the fraud has occurred on AIM the FCA will do nothing as usual but I will send an email anyway ,What is happening is a criminal act by the Directors of this company to defraud shareholders of the companies assets in their entirety where to go from here then inform Scotland Yard of this fraud I really am not sure.

[the stigologist] 14/4/2016 17:02

New lows coming for Shatmin

[wskill] 14/4/2016 16:15

What answer to the theft all STGR assets which we as shareholders have invested over £35 million to be stolen by Aussie crooks for no payment thieving bar stewards every Aussie on AIM .

[illuminati1] 14/4/2016 10:09

Tirupati is the answer...

[thegrumpster] 14/4/2016 09:58

"SECOND PHASE unlocks the ability to look more closely at HIGH MARGIN GRAPHITE PRODUCT AREA. DEVELOPING ULTRA PURE graphite which Tirupati has expertise in, EXPANDABLE graphite and MICRONISED GRAPHITE which is a precursor on LI-ION BATTERY"

"The THIRD PHASE of the STRATEGY will be to be more actively and directly involved in GRAPHITE BASED ENERGY STORAGE and ENERGY PRODUCTION. Looking at THERMAL ENERGY and Li-ION BATTERY CHEMISTRY."


So STGR shareholders only, will start funding all that,(with only enough for 6 months salaries and fees) leaving BSM to pick up the juicy bits if STGR comes a cropper when BSM drags their heels over payment......again.

May as well use the same wheeze again, if it worked the first time.

AIM investors have notoriously short memories.

[thegrumpster] 14/4/2016 09:46

From Lse:

"Thanks Loriwhite for reaching out to Brett."


So Brett is standing in the corner holding his breath until STGR shareholders turn blue?

[wskill] 14/4/2016 09:36

Comet are you demented STGR will have no assets or cash after these Aussie crooks have made off with the only asset into which STGR has invested over £35m of shareholders cash, this is at present being stolen by the Aussie crooks now in charge here all the above is nonsense there will never be any other phase, after the only asset has been stolen they will delist off AIM as there is no cash being paid for the Graphite mine only vows and promises.

[comet5d] 14/4/2016 09:25

Best to ignore lying wskill bashing troll.Three phase Strategy in place to vertical integrate the graphite business.Better watch CEO Brett Boynton interviewhTTp://www.stocktube.com/video/stratmin-global-resources-plc-to-remain-involved-in-graphmada-mauritius-says-ceoStratMin Global Resources to REMAIN INVOLVED IN GRAPHMADA Mauritius, says CEO04 Apr 2016StratMin Global Resources looks set to RECEIVE around MORE THAN DOUBLE ITS CURRENT MARKET VALUE in an asset sale that should also provide a funding solution for its Madagascan graphite operation.The deal will see Stratmin offload its 93.75% stake in Graphmada Mauritius business to Bass Metals Ltd (ASX:BSM) for up to £8.1mln.Current Market cap £3mln.!Brett Boynton, chief executive, tells Proactive Investors the important part of this is that Stratmin will still be ACTIVELY INVOLVED involved from technology and commercial aspects in the development AS MAJOR SHAREHOLDERS going forward in Bass, which represent the FIRST PHASE.""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.""SECOND PHASE unlocks the ability to look more closely at HIGH MARGIN GRAPHITE PRODUCT AREA. DEVELOPING ULTRA PURE graphite which Tirupati has expertise in, EXPANDABLE graphite and MICRONISED GRAPHITE which is a precursor on LI-ION BATTERY""The THIRD PHASE of the STRATEGY will be to be more actively and directly involved in GRAPHITE BASED ENERGY STORAGE and ENERGY PRODUCTION. Looking at THERMAL ENERGY and Li-ION BATTERY CHEMISTRY."

[wskill] 14/4/2016 08:39

Over £35 Million has been invested Graphmada by STGR including the original cost of buying the mine and they have decided to steal this asset from STGR shareholders at this point in time because the graphite market is starting to hot up do you think that if the graphite market was declining they would be buying STGRs only asset, Well I use the word buying loosely as no cash will be forthcoming from BASS only vows and promises.

This is theft from UK shareholders by the Aussie crooks time and time again this is happening on AIM.

Disgraceful behaviour from this poor STGR management team this has been as you say been planned for some time, this is when us long term shareholders should have been seeing an uplift in the share price with the ever growing graphite market.
But as we will have no assets or cash after this theft we will lose everything .

But this shower of Aussie thieves have stolen all STGR assets for next to no payment and as we say the vows and promises of cash in the future there will never be any payment.

[thegrumpster] 14/4/2016 08:13

All you are doing by endlessly posting the happy clappy graphite articles is showing why BSM wants to thieve the asset with the full connivance of our own management who IMO are acting primarily in the interests of BSM shareholders.

As far as the good old boys are concerned it's a done deal. Look how they announce it to the "major" partner on the ASX:

"Summary: Bass to acquire 100% of operating Graphite Mine-BSM.AX"

Not "makes offer" or "proposes"....it's a done deal.

They leave STGR with only six months money, just enough for directors fees and salaries, which is just enough time to organise a placing(placings) to fund any progress in whatever it is they've cooked up.

The nominal value of STGR shares has already been reduced by a factor of 400, so they can dilute this to oblivion in true AIM style. When the share holders have had enough which will not take long, they can absorb what is left into BSM saying there is little retail interest in the UK.
Which may well be before Bass has to cough up any more money, particularly if the markets start going wobbly this summer.

If BSM does not feel like coughing up on time, we already know from experience whose interests "our" directors will give priority to.

This IMO has been very well thought out.

[illuminati1] 14/4/2016 06:16

Interesting publication by Capital Edge WeeklyPay attention to the 4th paragraph which includes :"Those companies with exposure to Lithium, Manganese, Cobalt and Graphite should be in for an interesting ride as a result."Once the uncertainty is over and the new downstream graphite deal and direction has been announced the starters gun will go off IMO,Full article below :"Last fortnight, Tesla Motors revealed its Model 3 which created a big buzz in the automotive industry. In a clear sign of future demand, pre-orders of the vehicle were nearly 200,000 in just over 24 hours with future customers paying $1,000 just to reserve a car. It's an eye opening statistic especially when compared to the established Australian market where last year Toyota sold 42,073 Carolla cars, which was the #1 in Australia's top-selling new cars of 2015.Tesla expects to start production for the Model 3 towards the end of 2017, which would see them ramp overall production for this model alone to 500,000 vehicles per year. With a consumer price cost of $35,000 before government incentives, the future market opportunity for Tesla starts to really stack up.The future of sustainable transport looks to be coming sooner than we expected. Tesla will be the first to market in bringing electric cars to the masses and with this major market move, Lithium investors are starting to get excited. Every one of these vehicles is going to need lithium-ion batteries, which will be produced the Lithium-ion battery gigafactory.As a result, analysts are predicting strong demand for raw material supply in the Lithium market in the years to come. Lithium carbonate prices rose 15% in 2015 to US$7,500 per tonne, according to Scotiabank's December commodity index. Predictions are that prices will continue to rise as demand for lithium-ion batteries increases. Those companies with exposure to Lithium, Manganese, Cobalt and Graphite should be in for an interesting ride as a result. Goldman Sachs is also bullish on lithium, calling it "the new gasoline." It predicts increased penetration of electric vehicles will boost the global demand for lithium 11-fold by 2025.If Tesla's initial launch of the Model 3 is anything to go by, electric cars look like they will be a big part of our transport future"

[illuminati1] 14/4/2016 06:15

Stratmin Global's Market cap now only a tiny £3m that's after Bass offers £8.6m package while "several other parties interested." and looking at high margin graphite product area and graphite based energy storage as per interview click link Market cap Bass Metals.....$5m ~ £2.7m Non-producing graphite companies, years away from production, not generating any cash!Canada Zenyatta Res..........C$46m....£25mMason Graphite.....C$48m...£26mFocus Graphite......C$32m...£18mNorthern Graphite..C$26m...£14mFlinders Resources C$17m...£9mGraphite one..........C$21m...£11.5mMadagascar graphite peerEnergizer Resources..C$32m...£18mAustralia Watch Magnis market cap doubled recently to now $175 million!Kibaran Resources....A$28m - £15mVolt Resources..........A$35m - £19mTalga Resources.......A$40m - £22mMagnis Resources...A$174m - £94mSyrah Minerals.........A$920m - £496m!!Stratmin.....£3m!!Who likes value? GLA

[thegrumpster] 11/4/2016 14:42

That isn't the removed post that greenhills was refering to.


".......at least you can see Bass tried to sell Que River, yes?)"


BSM and STGR shared director(s) so they would have know exactly what Que River was worth and the likeihood of them selling it for anything meaningful.

They would have known exactly what BSM was good for (in my view very little apart from a pump and dump) and what their financial abilities were.

If they didn't then they could be considered incompetent as directors. Couldn't they.

Wishful thinking, or "the road to hell is paved with good intentions" is the absolute best that can be said about their motives IMO.

My thinking was that seeing the way things were panning out with Basss, Brett was brought in to move everything to the ASX, but I never expected them to put their cards on the table so early.

[illuminati1] 11/4/2016 14:16

Jimbob LSEAs for me being desperate, it's more I'm impatient. I see a bright future here being dragged down by ongoing funding uncertainty. I want this period of uncertainty closed as quickly as possible so we can all move on and unlock the true value here.Rollthedice: you will get to vote on what's on the table.But humour me here, we keep coming back to the reality of raising money in the market at this juncture.It's not about proving progress on the ground - look at how the market reacted on 7th Dec - fantastic news in a very detailed and thorough update fell on deaf ears. The market only cares about our funding.Money looks after money, huh? Speculate us into the floor in the run-up to funding so that each raise is at a successively lower share price and the only people who can possible get ROI are the later-stage investors and those with enough money to average down.This might just be financial evolution for you - survival of the richest! Money looking after those with money.The alternative is taking this Bass deal. Yes there are questions about how we ended up here - did Bass ever have the money to pay us? Were they looking for excuses to steal the asset? I think the Stratmin BOD at least honestly thought the money could be raised in Oz as per the original term sheet. I think they hit a problem in that larger investors aren't interested in investing in a company that doesn't control the asset - it screws up their fallback plan of taking over the asset putting a new BOD in place and trying again.(Raising money in the market was not the primary plan - the Lion settlement together with the Bass proposed asset sale should have pretty much got there - at least you can see Bass tried to sell Que River, yes?)So here we are: look back all you want but this is business, no time for what ifs and bad blood. Need to keep our eyes facing forwards to navigate the best route rather than worry about why we are here.The new Bass deal caps our upside potential somewhat. But it also limits our downside potential. We remain major shareholders in Bass, so retain a stake in the future.The added uncertainty comes through the tranche structure and what STGR will do after the disposal to retain its listing as an "ordinary" company.I'm positive the tranche risk (in particular the risk of Bass acting in bad faith to prevent us meeting our targets) will be mitigated in the detail of the agreement, which wasn't finalised when I asked. Some form of buyback will make it in Bass' interests not to muck us around. Once bitten and all.As for what STGR will do to remain listed - one obvious answer possibly lies in the growing strength of the Stratmin/Tirupati partnership.

[thegrumpster] 11/4/2016 14:08

Good old jimbob post on Lse.

"STGR
RE: Looks like
Today 11:49

My posts have gone too..."


Your post went because you seemed to contradict yourself and "greenhills" picked up on it.


You said that in the absence of another deal it was the best deal available, and then in the same post said that Brett had a plan B and a plan C.

greenhills picked up on it to which your silly reply was that you'd voted him up. and Ros19 said greenhills was fying.

Those were the only posts over the weekend.

So what happened this morning?

The stooge woke up and decided it wasn't so clever to leave a silly reply to a valid point?

That's about four posts removed there.

Was it just because you can?

[wskill] 11/4/2016 13:46

Still it would not be hard to beat this offer with so little cash coming in most AIM companies could better this even with todays low price commodity markets Graphite is in a growth phase.

[illuminati1] 11/4/2016 13:21

Real money is made by adding value to the semi-processed graphite. Downstream processing = high margin. Tirupati's expertise will be the winner. Let the aussies fund the production while being major shareholder and Stratmin-Tirupati will add the value to the black stuff. $$$Graphite Companies Join Forces for Spherical Graphite Development ow.ly/10j3UbThose companies all multi bagged.

[wskill] 11/4/2016 13:09

Probably this is the reason why the news about the bulk sampling will be for BASS shareholders and not STGR holders ,I believe graphite is a growth industry but we are no longer holding any graphite assets only promises and vows from a company which has never honoured anything before.

No counter offer will be forthcoming as this fantastic deal for BASS is what our C/E will get the most out of for himself.

They have bought all the assets for a few hundred thousand pounds a fraction of the cost of setting up the plant never mind the assets in the ground.

[illuminati1] 11/4/2016 13:08

Wait and see.Counter offer coming as is vote.

[thegrumpster] 11/4/2016 12:26

"Counter bid.
Other parties interested.

The ground is now laid for an explosive rebound."


IMO Any explosive rebound will be after BSM gets their mitts on STGR's assets.

Counter bid ....other parties interested?

How likely are the board to be keen on a realistic counter bid, in practice?

When Mr Marvin has already voted with his feet, and legged it over to BSM.

We'd probably have got more money if they sold it last May, instead of bringing Brett on board.