Stratmin Global Share Discussion Threads

[illuminati1] 14/6/2016 17:52

New asset to be announced before the vote and further Bass deal update (bid package of £8.6m ~5.3p).Market caps 14th June, Bloomberg Bass ......$6m ~£3.1m!! STGR................£2.45m!Non-producing graphite companies in Australia ASX on a Bull runMost trading at all time highsHexagon Resources..A$29m - £15mTalga Resources.......A$50m - £26mKibaran Resources....A$50m - £26mVolt Resources..........A$102m - £52mMagnis Resources...A$395m! - £205mSyrah Minerals.........A$1.5 BILLION! - £711m Funding for the only producing graphite mine on ASX will be no issue. Bass/Graphmada/Stratmin will be valued way above $50million or more imoGains since Feb to dateSyrah Resources +97%Hexagon Resources +140%Magnis Resources +250%Volt Resources +300%, Bass metals bb Already 4810 views in 2 weeks 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 +$1.5m cash with deal completion.As always DYOR

[illuminati1] 14/6/2016 17:50

Should go above 5p soonremember actual real value of deal is circa 5.3p

[the stigologist] 14/6/2016 17:30

Should go sub 1p soon

remember actual real value of deal is circa 0.6p

[wskill] 13/6/2016 09:56

How is the theft of STGR going along boys have the Aussie crooks stolen the company yet or is it still work in progress, even in the AIM market this does take the biscuit to get away with theft of an entire company unbelievable .

You could not make this up £36m invested in the graphite mine and plant stolen from under our eyes for a few hundred thousand pounds.

[thegrumpster] 11/6/2016 16:23

Illuminati isn't there a counter on your computer screen to say how many times you've posted this rubbish?

Continually re-posting the same thing is just completely mindless.

How is that promoting the efforts of our completely honest BOD, in creating value for STGR shareholders......if that is what you and they, are claiming?

[illuminati1] 11/6/2016 13:20

Bass close to get Liongold settlement...DrFouad hotcopper Thanks, great news ! it seems as of 31 march 2016, Liongold had 9.7M$ in cash and cash equivalents, so they must be able to pay BSM + they already included the Bass payment as a CURRENT LIABILITY in their latest financial statement. This increases further the chance that the payment will be made sooner than later !In page 23 :"The decrease in other expenses was partially offset by an allowance on impairment of anoutstanding loan due from Annica Holdings Ltd ("Annica") of S$3.6 million, other receivables written off thatwere due from Industrial Power Technology Pte Ltd ("IPT") and Grandway Asia Limited ("Grandway") whichamounted to S$1.1 million and S$1.7 million respectively, and a S$2.5 million settlement payment with third parties which was recognised in FY2016 in relation to the deed of settlement entered between the Company and Bass Metals Limited ("Bass Metals")."In page 25 :"The current liabilities of the Group decreased from S$42.3 million as at 31 March 2015 to S$37.9 million as at 31 March 2016. The decrease of S$4.4 million was mainly attributable to:"The decrease in trade and other payables of S$3.3 million was mainly due to the reclassification of tradeand other payables to liabilities directly associated with a disposal group classified as held-for-sale ofS$5.2 million. The decrease was partially offset (NDLR : it means liabilities increased) by a S$2.2 million liabilities recognised in relation to the deed of settlement entered between the Company and Bass Metals."

[illuminati1] 11/6/2016 13:17

New asset with technical expertise and financial sponsor to be announced before it comes to a vote.On top of that a subtle change in wording may yield a clue as to where Stratmin is heading next.The original deal announcement did not include either of these lines:" unless the Company acquires another sufficiently large asset prior to the divestment of Graphmada""If the Company is unable to acquire a sufficiently large asset before completion of the Proposed Disposal"This fits with rumours I'm hearing that Stratmin are lining up a straight buy-in to a new business, e.g. not a merger or RTO but straight investment.The new wording says "before the completion of the Proposed Disposal" too, which is interesting.

[illuminati1] 11/6/2016 13:13

DrFouad post hotcopper Does 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.

[thegrumpster] 11/6/2016 12:50

They're not talking down the investment.....they're talking down what is being done to it.

That much must be obvious even to you..... the company cut and paste meister.

And done by the involvement of our honest Australian friends, who have yet to show that they can completely honour any agreement with STGR, and who seem to have been rewarded each time for these failures, with a better offer, by our own completely honest BOD.

Ask anyone on HC whether they prefer the September 2015 agreement, or its latest incarnation.

Which is the better deal for BSM?




Who is duty cut and paster this weekend?

[illuminati1] 11/6/2016 11:05

TimeframesIt's actually not as clear as that - I seem to remember the AIM rules slightly differ from what was in the RNS but the NOMADs run the show as they seem to decide where there is ambiguity how the companies can operate...Anyway, the clock definitely does not start until the asset sale COMPLETES, that is, after EGM etc and the transaction takes place.HOWEVER!! Text appearing in the latest RNS, that was NOT in the original RNS is:"unless the Company acquires another sufficiently large asset prior to the divestment of Graphmada"That is new text that was not in the boilerplate of the original sale RNS, and my contacts all seem to be indicating Stratmin has secured, or is very near to securing, a follow-on deal that should allow continued listing as an ordinary company, without an RTO or any other period of uncertainty. No-one knows for sure until the RNS comes out but this is what I think is looking likely, especially with the minor change to words in the RNS

[illuminati1] 11/6/2016 11:03

Market caps 10th June, Bloomberg Bass ......$6.45m ~£3.3m!! STGR................£2.45m!Non-producing graphite companies in Australia (ASX) on a Bull runMost trading at all time highs!Hexagon Resources..A$35m - £17mTalga Resources.......A$48m - £25mKibaran Resources....A$58m - £30mVolt Resources..........A$102m - £52mMagnis Resources...A$432m! - £222mSyrah Minerals.........A$1.5 BILLION! - £711m Funding for the only producing graphite mine on ASX will be no issue. Bass/Graphmada/Stratmin will be valued above $50million or more imoGains since Feb to date!Syrah Resources +97%Hexagon Resources +150%Magnis Resources +280%Volt Resources +300%, Bass metals bb http://hotcopper.com.au/asx/bsmAlready 4544 views in 9 days (Probably what Stratmin achieved over a year)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 +$1.5m cash with deal completion.As always DYOR

[thegrumpster] 11/6/2016 09:24

"Counter bid.
Other parties interested.

The ground is now laid for an explosive rebound."


iluminati is it your "job" to feed "stuff", on behalf our honest Australian friends to reassure worried STGR investors, to make sure they sit on their hands for as long as possible?

Are you effectively, a company stooge?

[thegrumpster] 11/6/2016 09:04

As cutting and pasting seems to be so popular:

-------------------------------------------

Thegrumpster
11 Apr'16 - 12:26 - 7066 of 7489 0 0 edit

"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.

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[thegrumpster] 11/6/2016 08:54

"Best to ignore our resident troll grumpster, who clearly doesn't hold any shares".

Still making things up illuminati? Still lying?

Your speciality perhaps....along with cutting and pasting.

--------------------------------------------------

"
illuminati1 - 11 Apr 2016 - 11:42:12 - 7063 of 7431
"£8.6M offer = 5.3p

Counter bid.
Other parties interested.

The ground is now laid for an explosive rebound.

Downstream opportunity with Tirupati's expertise

Ultra pure, expandable, micronised graphite. $$$"

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illuminati1 - 11 Apr 2016 - 13:08:40 - 7067 of 7431
Wait and see.
Counter offer coming as is vote.

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So when exactly are our honest Australian friends going to reveal the counter offers?
Assuming any offer is allowed to see the light of day.

Although they're not really going to be pushed to better BSM's offer.

[illuminati1] 11/6/2016 00:33

Best to ignore our resident troll grumpster, who clearly 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 as he claims.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] 10/6/2016 22:19

Hotcopper post as cutting and pasting seems to be so cutting edge.

"
Jonno07
848 posts.
Date:06/06/16
Time:15:26:03
Post #17963456

Bass/Graphmada/Tirupati will be in a leading position. Already producing and off-takes in place to the US (Asbury Carbons), India (Tirupati) and new sales to Europe (AMG-GK,...)"


What ....STGR has disappeared off the face of the earth by this stage?

As of NOW I believe we still hold over 90% of the asset.

Whatever fantasy world some may live in.

I don't doubt that our dear leaders are eager to bulldoze this through.

Marvin seems to me to have have jumped according to which way he thinks this will surely go.
He must know which side his bread is buttered?

[jimbox1] 10/6/2016 10:41

Frankly, I would prefer liquidation to letting this management team loose on another investment.