Stratmin Global Share Discussion Threads

[comet5d] 25/5/2016 11:16

Once this is released this will go mega bananas and with some good news flow incoming we should see some new highs certainly over the next couple of weeks let alone what this can do over the next few months.

[wskill] 25/5/2016 10:56

There is no Graphite now that would be a surprise to me what reason then do our Aussie friends of Brett's want to steal STGR of UK shareholders then.

My view would be the polar opposite to this and it will have something to do with the new areas of exploration the grades must have been very good for them to want STGR and be prepared to go to any lengths to acquire them other than pay cash of course.

Remember STGR have invested around £36m thus far and this will be sold for a few hundred thousand pounds disgusting is the only word that comes to mind.

[comet5d] 25/5/2016 10:49

"European Investment Management Limited is an independent investment manager, dealing for and on behalf of PRIVATE CLIENTS. It was created in January 2010 and is the investment arm of European Wealth.EIM provides investment management on both a discretionary and advisory basis for private clients, both directly and via professional introductions."

[illuminati1] 25/5/2016 10:44

LSE bbAccumulation modeYou have sellers who are the same buyers. The sellers push price down so other holders get nervous and sell back to the same guy shaking the tree in the first place. It's called accumulation. They are "in the know" about the plans of the company so for them, they can push price to extremes either way up or down as they are pretty sure of the direction of the company.================Whether it's whispers on OZ forums or "friend of a friend who knows someone" or just a cold analysis of the allowed time frames for DD it is clear we are now in the window when news has to come out.Anyone looking at the mcap vs the £8m deal on the table, even taking a conservative view to the tranches, can see this deal is substantial. Anyone listening to the whispers will see that things look to be in place, anyone who has an email reply from the board seems to have got no hint whatsoever that this deal is anything but on track...This has to be a last minute tree shake if you ask me.News is definitely coming. It will in all likelihood supplement what we already know and show how full value from this deal will be extracted IMO. GLA

[escapetohome] 25/5/2016 10:34

Very dissapointing performance here.

The market has no confidence in this company --- apparently so.

[thegrumpster] 25/5/2016 10:25

".....there is no graphite...."

That's an odd one. Even for you.

[thegrumpster] 25/5/2016 10:12

Where are all these rival bids?

With that kind of upside?????

""180m $ fair value market cap. Or 36 bagger from current levels"

Surely our "insider" stooge hasn't been making things up?

[wskill] 25/5/2016 10:10

Yes that is an excellent idea the last placing was more than the Aussie crooks will be paying for STGR anyway we should really give them more it is most unfair to ask them for cash give us vows and promises that will do the trick.

[thegrumpster] 25/5/2016 09:59

We must be about ready to have a placing to pay back the money we needed to borrow to make up for our financially incapable Australians, about now?

Placing first, then hand it over in a nice tidy package.

Can't do enough for Brett's chums.

Would they like the shirts off our backs?

[thegrumpster] 25/5/2016 09:54

"180m $ fair value market cap. Or 36 bagger from current levels"


He's talking about BSM,as you well know.

Not STGR..... particularly after they've handed the asset over.

All that upside and no alternative to letting the Aussies run off with it?
And Aussies that seem incapable of raising even the smallest amount of money without a struggle.
Going to have no problems in paying us with the revenues from the graphite we're producing, perhaps?

Sounds a bit of a con to me.

[comet5d] 25/5/2016 08:05

Madagascar's graphite industry resists market slumpPublished: Tuesday, 24 May 2016Industrial MineralsImports into India increased by 140% since 2011; US and Germany follow the bandwagon; New projects to lead expansionMadagascar's graphite exports increased by 40% in 2015 compared to 2014 with the US emerging as the largest importer accounting for 29% of the total 8,006 tonnes exported last year. Among other major importers of Madagascan graphite were the regular consumers including Germany (21%) and India (25%), with...

[comet5d] 25/5/2016 08:04

"180m $ fair value market cap. Or 36 bagger from current levels"

[thegrumpster] 24/5/2016 20:26

"......if the deal is well executed......."


Has anything about this "deal" been well executed so far?

[illuminati1] 24/5/2016 20:17

$75 Million Market cap fair value Aussies getting ready for take off.6153 views and risingDoctorFouad hotcopper Bass Metalsyup indeed that post from AIM forum summeizes it very well :"It's been a sorry story first of poor technical execution and, more recently, lack of access to finance to push this low cost production into profit."thats exactly what happened, hopefully Bass management will be able to finance and refurbish completely the mine with newer better equipment (some 1M$-2M$ capital expenditure) and bring it to 96%+ purity at 10k-12k annual production. That would bring at least 15M$ annual revenues (assuming 10k per year at conservative price per tonne of the large flake 96% stuff at 1500$ per tonne). This could be the lower cost producer in the world of this large flake 96% purity graphite at max 750$ per tonne all-in sustaining expenses (including costs of sales, administration, overhead..etc), which means 100% margin and 7.5M$ profits annually. At 10x earnings we will be taling about 75M$ fair value of market cap, or 15x bagger from current levels. AND THAT IS AN EXTREMELY CONSERVATIVE FIGURE.The more optimistic scenario is 12k production of large flakes at 96% purity (probably achievable in 2 years timeline if the mine is adequately refurbished) for some 2000$ per tonne, meaning 24M$ annual revenues. I dont believe the costs per tonne will exceed 500$ including capital sustaining costs. Bringing us an unheard for margins of 400% or 18M$ profits per year. At 10x earnings, we will be talking about 180M$ fair valuee market cap. Or 36 bagger from current levels. Not even mentioning the possibilities for value added graphite and expansions (if Bass management plays it right that is). There are two reasons why GraphMada could well be the lowest cost producer of large flake 96% purity graphite in the world :1- Very low labor costs in Madagascar.2- very low mining and processing costs due to the following : extremeky low stripping ratio (near surface graphite), very low cost of mining due to clay deposit (no need for energy and time intensive blast-drilling or crushing), high 8% grade, with majority of large flakes resulting in even lower costs of processing (rinsing, flotation, drying, screening).All this sounds too good to be true, but it all depends on management execution. The teething technical problems that stratmin management suffered from (it took them 3 years) are now a thing of the past with 94% consitent quality already achieved, after the acquisition the ball will be in the Bass management terrain, for them not to under-capitlize the mine, and finish the full refurbishment program, modernization of the mine and expansion of production. It happens all the time in mining, many mines are unrpfitable until a turnaround with 2-3 owners and 1 or 2 bankruptcies. Stratmin management knew they lost access to capital markets and they had no choice but sell the mine to avoid bankruptcy before it is too late. But the package is smart and incentivize them to still care about imrpoving production after the transfer of property (tranche 2 and 3 criterias). Stratmin will benefit greatly from this sale in the form of higher market of Bass, and thus higher value for Stratmin shares in Bass. The will eventually cash out and become completely independent of graphmada. But for the time being if the deal is well executed its a win-win situation for all players.

[thegrumpster] 23/5/2016 20:19

"....after all there has never been a hint that the license area isn't top notch..."

Which is exactly why our Australian chums want it, for as little as possible.

Be interesting to see if Barclays is impressed enough to allow direct trading again, or if they think the BOD's efforts merit "Nul Points".... again......"Sorry phone trading only".



(Barclays' holders have about 11m shares

[comet5d] 23/5/2016 11:01

Big week if news comingHold them golden tickets.Nobody gets rich by selling early.

[illuminati1] 23/5/2016 10:44

jimbobtechstockPosts: 1,971Premium Chat MemberPrice: 1.50Bad time to cash out IMO, I know we've been waiting a long time for news but we're now in the window where that news must come.My contacts indicate the deal has progressed as expected through the necessary stages at Bass and is just waiting on one last regulatory sign off. I also believe there will be a complete package unveiled soon, which will include:- Bass full terms- Bass's full funding plan to demonstrate to market that all tranche criteria can be met- Stratmin will unveil a plan that will allow them to continue listing as an ordinary company and transfer value from the sale back to shareholders. I expect them to remain in the graphite spaceAssuming my contacts are good I expect a decent bounce when all this is unveiled, after all there has never been a hint that the license area isn't top notch. It's been a sorry story first of poor technical execution and, more recently, lack of access to finance to push this low cost production into profit.Light at the end of the tunnel IMO. GLA

[thegrumpster] 23/5/2016 09:03

"Could be an interesting end to the week as there is a scramble to get in prior to the expected news release."

Well with the way this shower have run things so far, there is very little chance of a scramble to get in, prior to any expected news release.

News?....

"Yes you can all breathe easy. BSM have now agreed to ease your burden by helping themselves to the asset they could not afford to pay for".

Ta very much.

[thegrumpster] 23/5/2016 08:10

What new asset?

Making it up, or a company plant stringing the "plebs" along?

[illuminati1] 23/5/2016 07:54

New asset lined up.Bass deal to be voted on.Could be an interesting end to the week as there is a scramble to get in prior to the expected news release.

[wskill] 22/5/2016 21:25

I really wish I was a non holder of STGR but unfortunately I am a long term holder with considerable losses which will never be recovered when this theft of the only asset of STGR completes, disgraceful even by AIM standards I have seen many dubious actions by AIM directors but this takes the biscuit steal the only asset unbelievable.

[comet5d] 21/5/2016 21:15

.@FlindersLTD - Developing High Quality #Graphite and #Graphene