Stratmin Global Share Discussion Threads

[comet5d] 06/6/2016 18:07

Big week if news coming.

[escapetohome] 06/6/2016 18:00

So far it appears the bears are winning the day.

Price just keeps going down.

Come on stratmin , show us what youre made of!!!!!

[illuminati1] 06/6/2016 12:00

Jim, LSEHonestly I feel this is close to completion now. I know I've said this all along, and the DD stage took longer than I had anticipated, so you will take my own opinion no doubt with this in mind, but I would be very surprised if we don't have the deal on the table within the next 2-3 weeks.My assumption is that the BOD will want to get the interims out of the way to be followed quickly by the deal completing.Clearly Stratmin is in need of capital, the rock crusher required to meet even the reduced capacity of the original concentrator is a blocking issue from what I can gather and I believe now, with hindsight, the BOD were waiting on the Bass cash from the original deal to get that in place and achieve clear organisation-wide profitability, which would give them options.BSM clearly look to have *ucked us over on that, but this is business and we need to look to the future, we will get the capital from Bass, the mine will be fixed and we will see returns on that - not as much as I had originally hoped but fundamentally the mine is good and we're still linked in to the upside through BSM shares.Anyway, I assume BOD here will want the deal to be out around the interims so it is clear that the cash from Bass will plug our finances. I hear from sources the deal includes both the BSM final terms and details of the follow-on deal that will allow Stratmin to maintain its "ordinary" listing whilst extracting full value from the Bass sale.To the best of my knowledge, opinion only, DYOR etc as I do understand the prolonged uncertainty is not helping. Final leg now, IMO.

[comet5d] 06/6/2016 07:25

ELON MUSK: OUR LITHIUM ION BATTERIES SHOULD BE CALLED NICKEL-GRAPHITE...5th June 2016Benchmark Mineral Intelligence... Yet Tesla executives fail to allay lithium shortage fears //Tesla CEO Elon Musk and CTO JB Straubel have attempted to play down the role of lithium in a lithium ion battery, but could have inadvertently given themselves further supply headaches.In response to a question of whether there is enough lithium supply, Musk diverted it onto two other key battery raw materials of nickel and graphite in an attempt to allay fears that there will not be enough lithium for an operational Gigafactory, which is set to become world's largest lithium ion battery plant."Our cells should be called Nickel-Graphite, because primarily the cathode is nickel and the anode side is graphite with silicon oxide... [there's] a little bit of lithium in there, but it's like the salt on the salad," the CEO explained.Musk said that the amount of lithium in a lithium ion battery is about 2% of its total volume and that "lithium in a salt form is virtually everywhere... there is definitely no supply issues with lithium."Tesla also explained that it has been working with a number of lithium producers "from tiny start-ups to large name lithium companies all around the world and working with them to figure out the most economical or efficient ways ... to have the capacity ready when we need it".Lithium's most severe shortage Despite Musk's confidence, the lithium market is in its most severe shortage of modern times, a shortage that has seen internal Chinese prices for hydroxide reach $30/kg while rest of the world contract prices have risen to up to $14/kg (FCL).While Tesla has said that it does not expect any shortage for the Gigafactory, it also revealed that the battery megafactory will be producing complete cells, from scratch, ahead of schedule in Q4 2016."We need to make sure we have the [lithium] extraction and processing capacity [ready] but it's not that much different to lining up other supply chain components for the car it just has long lead time," Straubel explained.However, with limited new lithium supply set to hit the market within the next 18 months, the shortage of both carbonate and hydroxide is set to continue particularly as China's electric bus production and electric car output surges.This timing will also coincide with Tesla's Gigafactory expansions in 2017 and 2018.It is, however, important to note that new short term lithium supply will be coming from hard rock lithium sources in Australia destined for China.As stressed by Tesla, lithium is an immature market that is not exchange traded. Last year, only 15,000 tonnes of lithium hydroxide was used in batteries.Tesla alone will need at least a third of this quantity in 2017, its first year of Gigafactory operation.While FMC Lithium were the latest to announce plans to triple its lithium hydroxide production by 2019 to 30,000 tonnes, the question remains whether there will be enough feedstock product available to supply this.Graphite overlookedWhen downplaying the lithium supply issue, Tesla explained that the most important cost factors to a lithium ion battery included the cost of nickel and the graphite anode."The main determinants on the cost of the cell are the price of the nickel in the form that we need it... and the cost of the synthetic graphite with silicon oxide coating," explained Musk.Graphite has not experienced the price spikes that lithium is going through primarily because the price is driven by the materials' consumption in steel, a globally depressed market.As a result, graphite's supply situation has fallen under the radar.At present, Tesla uses Panasonic manufactured cells which use both synthetic graphite and natural spherical graphite for anode material, all of which is sourced from China.For the Gigafactory, however, Tesla has had to source all raw materials itself and, in a bid to drive costs down and improve battery performance, Benchmark understands that Tesla favours the natural spherical product due to its lower cost profile and lower carbon footprint for manufacturing.Today, 100% of natural spherical graphite is produced in China, and last year alone production expanded by nearly 50%. Increasing demand has seen prices of uncoated spherical graphite increase by 10% in the last two months.While the country is increasing its spherical graphite capacity, there is a fear that there will not be enough quality product available for internal Chinese needs together with other emerging customers such as Tesla.In many ways, however, Elon Musk was correct. Graphite's importance to the cost of a lithium ion battery cannot be underestimated.While the average cost of an anode is 30% of a battery, graphite is 50% of the anode cost equating to 15% of the cost of a cell.Meanwhile, the average cost of the cathode is 40% with lithium being 50% of the cathode cost, equating to 20% of the cost of a cell (before the Q1 2016 price spike).If you consider that there is more graphite in a lithium ion battery than lithium, the cost of graphite to a battery could be as, if not more, significant than lithium. It just has not been considered because the price of flake graphite feedstock is low and there is a synthetic substitute.But considering the preference towards natural spherical graphite, and the fact that demand is outpacing new supply, it is a subject that could soon rise to the surface, and in many ways, that is thanks to Tesla putting it on the radar.

[illuminati1] 05/6/2016 20:38

Best to ignore grumpster, who doesn't hold any shares.No long term holder would be repeatedly talking the share down over months if he needed a "4.6p" to bail.No sane investor would continue constantly churning negativity about their own investment on a public Bulletin board when it serves no purpose.De-ramper being here = Bullish sign

[thegrumpster] 05/6/2016 20:14

Coming to the conclusion that the graphite is irrelevant.

Perhaps all the Aussies want is a suitable case for pumping and dumping as they believe they can do it so much better on the ASX.

If they fed the information of the overall costs of graphite per ton to the UK investors they could have had an AIM pump last summer.

Allenby could have included it in their report. Everything was supposed to finally be coming together .....if we believe the BOD.

By wanting to leap in to bed with BSM and ending up getting kicked out, all they've succeeded in doing is delay progress for the best part of year, put the company in a more precarious situation and make it more likely that share holders end up having to agree to any deal going.

Arminius LSE:

"Aussie Graphite junkies ready to start buying frenzy once deal completes.

10c target possible, 10x bagger for Stratmin's first tranche at 1c.
$750.000 then worth $7.5 million"

Pattersons don't seem to be that popular going by the posts, on Hotcopper. Possibly with very good reason. If BSM ten bags (Arminius) it will be pretty sure to drop as soon a placing is announced.


BSM's charity hand-back worth maybe $7.5m...... for a moment.

Make the most of it.

[thegrumpster] 04/6/2016 11:50

Bit like Cameron getting his reward for keeping us in.

After a respectable interlude......when he is no longer PM.

[thegrumpster] 04/6/2016 11:48

For all time?

[illuminati1] 03/6/2016 20:03

Brett is prohibited from joining Bass board.Hope this helps

[thegrumpster] 03/6/2016 19:39

Wonder at what point Brett graciously accepts his due reward from BSM?

In my view he has from the word go, looked after their interests above and beyond the call of duty.

Outstanding.

Place on the board with his mate Marvin perhaps?

[wskill] 03/6/2016 17:38

who is paying them I wonder.

[knowsleyman1] 03/6/2016 15:36

Even after the share price hit a new all time low today the pumpers still continue with their utter tripe!!

[comet5d] 03/6/2016 13:39

Hold your shares tight, this rise is unavoidable, this is only the beginning.

[thegrumpster] 03/6/2016 06:23

News of illuminati's counter bids today?

They're already talking about consolidation on the Hotcopper BSM board.

Jaded:

"I'm also thinking CR's may include all shareholder participation, a SPP up to $15k allocation. Also issuing listed Options also perhaps cornerstoning by Asbury's. There even could be a Consolidation move to get the Register down from a billionish on issue to say 200milish."

Best think ahead.

Consolidation is always good for a share.

[thegrumpster] 02/6/2016 20:43

"Oh what a tangled web we weave. When first we practice to deceive"

Is that your motto?

[illuminati1] 02/6/2016 20:40

The desperation is getting worse from those wanting a cheap buy as they're seeing huge support at 1.5p.Only 71k sold vs 774k boughtIt's such a disaster yet they're all still here.....Or maybe it's not a disaster and they're badly wrong. Or maybe they're not badly wrong and are in fact posting things they don't believe.Oh what a tangled web we weave. When first we practice to deceive

[illuminati1] 02/6/2016 20:36

DrFouad postDoes Stratmin have better alternatives? Stratmin from a financial perspective are running out of time/cash and they need to seal the deal as soon as possible. Its a WIN-WIN DEAL for STRATMIN and BASS, it would have been impossible for stratmin to acquire themselves the necessary capital to expand and improve graphmada production (capital markets were closed for them due to 3 years delays in achieving breakeven). And at the same time without 100% ownership of Graphmada, Bass wouldn't have been incentivised to invest any capital into the Mine. Its a LOGICAL DEAL after all.Stratmin shareholders will still have exposure to Graphmada's future profitability through both the nice 2.5% royalty (up to 5 million $ this shouldn't be underestimated by stratmin shareholders) but also through Bass cheaply acquired shares (750k$ at 0.01$ and then millions of shares at higher market cap of bass through tranches 2 and 3). Any improvement of graphmada profitability/cash flow and thus of Bass market cap will benefit greatly Stratmin shareholders. At the same time STRATMIN WILL NO MORE SPEND ANY WORKING OR INVESTMENT CAPITAL ON GRAPHMADA, paying those 130 graphmada workers will no more be its responsibility after closure of the deal, stopping any cash drain from the company and allowing it to concentrate its resources on its future endeavours.

[wskill] 02/6/2016 20:24

This is the main reason that BASS has arranged this theft of assets with STGR directors it needs no investment and is now profitable, when they want to increase production from cash flow after the tranche timelines have expired worthless they will , strange they never fixed the price for the extra shares at the beginning of the deal as they are not bringing anything to the table and are acquiring the asset for nothing .

The more you read about this deal the more it stinks disgraceful even by AIM standards.

[thegrumpster] 02/6/2016 19:37

"How to spot a basher."

There is a ramper version of that, mostly done by substituting "ramper" for "basher".
Shall I find it for you?
Or can you work it out?

[thegrumpster] 02/6/2016 19:33

Not another cut and paste. Is that all you can do?



Why don't you complain to the FCA illuminati about de-rampers, if you feel so strongly?

Only trouble is, they might have a look at you.....or even better have a look at how this deal is being done.
Anything that brings STGR to their attention is a good thing IMO. Go right ahead.



Note the following from the Dr Fouad post, and even you might understand why some investors aren't holding hands and singing the company song with you.

(My capitals).

"....The capital requirement to get the plant up to 6000tpa, 85% recovery is SO SMALL, ONLY 1.5M$. But the MORE IMPRESSIVE NUMBER IS THE LOW CAPITAL REQUIREMENT TO BUILD THE NEW 12,000 tpa PLANT WITH UP TO 96% PURITY : ONLY 4.5M$ (in 18 months) ! If successful, the new plant could be a game changer for the company...."

No wonder BSM shareholders are getting excited.