Stratmin Global Share Discussion Threads

[thegrumpster] 25/6/2016 08:38

Might be the European Army is kicked into touch with this Brexit thing.
Without the UK it will effectively become the German Army.....they'll mainly fund it, and want to control it.
With living memory of their last efforts that might not go down too well with their "allies".
Best stick to NATO. IMO.
Maybe it's not just selling Mercedes to us, that they're so worried about.

Might not be a bad idea to still let them have part of the LSE....help with access to Europe?
But a smaller percentage. Not the lion's share.
Be madness to give them that.


News next week illuminati?

[thegrumpster] 24/6/2016 12:34

IMO this is what probably changed it from being the "IN" vote slightly ahead to the "OUT" vote being slightly ahead.

That man is a genuine jinx. They should have told him to say nothing.



(Think the post was at 11:50 am)

He swung sufficient voter sentiment all by himself. What a clever boy.

"If THAT man is voting in.....I'm voting out"




(Given that many view him as an untrustworthy, self serving scumbag)

[thegrumpster] 23/6/2016 19:35

BSM down 20% on slightly higher than normal volume.

Financing sorted out?....Placing perhaps? (Liongold money/shares arriving might be expected to have a more positive effect?)

Next week would be better for news illuminati, when the referendum dust has settled?

You're bound to be right eventually.

[thegrumpster] 22/6/2016 17:11

News on election day?


Good news .....wasted.

Bad news to kick it further down the stairs?

[thegrumpster] 22/6/2016 17:00

Extract from this:

[thegrumpster] 22/6/2016 16:51

Well rest of the Liongold money appears to be late even if it is mentioned in their accounts. A$ 600k paid so far.

-------------------
A$850 at $150k per month from Dec 31 2015. And $1.3m split into three installments, but cash or shares.
-------------------

From Liongold Website

"2
1.3
On or around September 2015, the Company was approached by Bass and commenced negotiations on a possible settlement of the Proposed Sale,
the Proposed Subscription and the Proceedings.
1.4
The Board wishes to announce that the Company has today entered into a deed of settlement(the “Deed of Settlementâ364;�) with Bass for the full and final settlement of (and includes) any and all claims made or that may be made by Bass in respect of the Proposed Sale, the Proposed Subscription
, the Proceedings and any underlying facts in connection with the Proceedings(the “Settlementâ364;�).

2.
PRINCIPAL TERMS OF THE DEED OF SETTLEMENT
2.1
Agreed Settlement Sum and Payment Terms
In full and final settlement of all claims the Company and Bass has or may have against each other arising from the Proposed Sale, the Proposed Subscription, and the Proceedings, the Company and Bass have entered in to the Deed of Settlement pursuant to which they have agreed, inter alia:
(i)the Company will make payment of the sum of A$2,500,000 (the "Settlement Sum") to Bass in the following manner:
(a) A$300,000(the "First Instalment") to be paid in cash on or before the entry into the Deed of Settlement.
Following a verbal agreement between the Company and Bass on the terms of the Settlement and to formalise the arrangement that the Deed of Settlement be entered into on the basis of such agreed terms, the Company had, as a gesture of goodwill, satisfied the First Instalment by two (2) equal payments of A$150,000 each to Bass on 15 October 2015 and 29 October 2015;
(b) A$850,000 (the "Second Instalment") to be paid in cash in monthly instalments of not less than A$150,000 each on or before the end of each month commencing 31 December 2015 and ending on and including 30 June 2016, or in any event until the Second Instalment has been paid up in full; and
(c) A$1,350,000 (the "Third Instalment") to be paid in three (3) equal instalments on 29 February 2016, 31 March 2016 and 30 April 2016, in the manner to be decided in the full and absolute discretion of the Company, either:
(1)by cash; and/or
(2)by the allotment and issuance of fully paid shares in the capital of the Company("Shares")to be listed and quoted on the Catalist
Board(Catalist") of the Singapore Exchange Securities Trading Limited (the "SGX-ST"), subject to the approval of Shareholders and the SGX-ST(where
required).............."
--------------------


Suppose they could always do some more due diligence to kill some time.


How about, when according to iluminati's constant posting, graphite is the most happening thing in the markets since sliced bread, and other companies seem to have little problem, STGR is unable to raise even the smallest sums in finance and have to get bogged down with BSM?


What happened to illuminati's "news this week"?

[illuminati1] 22/6/2016 08:11

More buying at 1.485p...showing as sell.Bass up 50% from last placing, ahead of funding. Not something you would see on AIM. lol

[tw44] 21/6/2016 15:50

They are not sales. I just bought and it shows as sell.

[knowsleyman1] 21/6/2016 15:45

And all today's trades appear to be sales!!

[illuminati1] 21/6/2016 13:08

Tick, tock, tickLevel 2 5 vs 11.25-2p.......PEEL1.25-2.25p..CFEP,SCAP, STFL,WINS

[wskill] 21/6/2016 09:58

AND all the BASS $300m expected market cap will have come from STGR assets stolen from UK holders, disgusting lot of crooks is all I can say and again I write to the FCA about this theft from UK shareholders be assured this is nothing else than common theft.

[thegrumpster] 21/6/2016 08:42

And it isn't this definition, before you start squealing....

Courtesy of Google:

"Urban Dictionary: oppo
www.urbandictionary.com/define.php?term=oppo
oppo. from the meaning "opportunity school" - a place where spastics or underachievers are sent to get them out of the mainstream education system. he is such ..."

[thegrumpster] 21/6/2016 08:23

From your oppo on Hot copper:


"It is crazy to see Syrah being able to raise 200M$, we need only 1.5M$ to bring graphmada to 6.000tpa and then 4.5M$ to build a new 12.000tpa plant. By the time syrah starts producing and discovering the difficulties of producing graphite, we will be already producing and selling graphite to various customers worldwide, NEVER UNDER-ESTIMATE THE FIRST MOVER ADVANTAGE + MOMENTUM ADVANTAGE ! it takes time to learn how to produce high quality graphite and even more time to build trust and customers.

IMO during next months, once the market realizes that Bass Metals is the only ASX junior graphite company that is already producing and selling thousands of tonnes of high purity large flakes graphite per year, we could well be looking easily at 100M$+ valuation BEFORE the second stage new mine is built ! From there, raising money for the new mine or for value added graphite initiatives (with tirupati as joint venture ?) would be much easier. I see Blue Sky potential with bass if management pulls this right. Cant wait to find out who is the new CEO of the company, hopefully someone experienced.


This is an interesting comment by poster "arminius" on stratmin forum regarding syrah's latest fundraising :

"Wow!

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

Earlier post:

"Also it should be noted that the main attractivity of this graphite play is its Blue Sky potential, IMO the 6000tpa 94% purity is almost a given at this pointof time, after many years of trial and error, they know exactly what to do to achieve this milestone, they just need the capital to buy the new equipment. However, if they succeed in building the new plant for an additional 12.000tpa at 96% then the valuation of the company could skyrocket and we will be talking hundreds of millions of dollars instead of just tens of millons of dollars, that is even without considering any other potential development with the partner Tirupati to develop value added graphite (3000$-5000$+ per tonne).

BASS has the first mover advantage, off-takes, high quality product and the cheapest costs of production, and its benefitting from years of trials and errors by the previous managers of the mine. Talk about a win-win situation and a more than attractive/lucky position to be in. IMO this is an incredible opportunity, allowed only by the very special circumstances that Stratmin found themselves in after three years of buying the mine and loosing access to capital. I wont bee surprised if successful in ramping up production, to see BASS in the coming years at 300M$+ market cap, similar to non producers graphite juniors of today."




Funny how the last placing before Brett walked through the door was oversubscribed, according to the STGR RNS.

Just think

If it wasn't for Brett and his buddies........that could be us he's talking about.

It's as if we have already ceased to exist.

[thegrumpster] 21/6/2016 08:14

illuminati1
20 Jun'16 - 23:27 - 7519 of 7522 0 0

News this week

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

You keep saying that.


Company told you to post that, to pretend that you have inside information?

[illuminati1] 20/6/2016 23:27

News this week

[jimbox1] 17/6/2016 14:19

So Syrah could buy our mine for small change out of their fund raising.
Oh, I forgot, we're giving it away to BSM.

[thegrumpster] 17/6/2016 14:16

"Syrah have raised A$211m + A$194m to build the world's biggest #graphite mine in Mozambique. Lithium ion batteries will be its main market"




So the competition can do a better job of raising money than we can.

What is your point?

That we clearly have a particularly useless BOD?

Won't argue with you there.

[illuminati1] 17/6/2016 13:16

Syrah have raised A$211m + A$194m to build the world's biggest #graphite mine in Mozambique. Lithium ion batteries will be its main market

[comet5d] 17/6/2016 10:26

All electric futureNorway has reportedly reached a deal to ban gas-powered car sales by 2025 Volkswagen will introduce more than 30 electric vehicles by 2025

[thegrumpster] 17/6/2016 09:37

Interims usually out by 30 June.

Previous ones:




Think BSM is waiting for the rest of the Liongold money so this has been dragged out as long as possible, suggesting to me anyway, that these "sophisticated" investors that wanted complete control of the project before they stumped up the cash, have no intention of putting any more than the minimum in, if they can help it.

Something, or almost everything for next to nothing, is always more attractive.

[thegrumpster] 16/6/2016 09:47

From Lse:

Today 08:09 MyLastQuid who's buying 1.375 No Opinion
Thanks to REMium on the REM board




Some BODs have obviously got what it takes.

It is not as if there is no demand for the stuff.

[thegrumpster] 16/6/2016 09:44

And even longer since they have been shipping decent amounts of graphite.

Could any board on AIM be so useless?

[thegrumpster] 16/6/2016 09:42

It must be about a year since STGR started having relations with BSM.

Assuming that the September announcement wasn't the first contact with them.....and ignoring the shared directors.

What do we have to show for it?

Apart from a trashed share price.


Big pat on the back for Brett.