Stratmin Global Share Discussion Threads

[pictureframe] 29/7/2016 08:53

But according to some its going to go to 5p today once the deal goes through today , then we will get additional bids...lmao

[thegrumpster] 29/7/2016 08:49

From Lse:

"Today 08:40 Arminius AGM at 10am 1.75 No Opinion
to confirm the disposal of graphite operating sub for $15.25m...
Current mcap £2.86m.
First target +3p "


"...to confirm..."


You really are a company plant, aren't you illuminati.




BSM suspended on ASX. Up from a Trading halt.


Worth reading the comments on Hotcopper. (As previously suggested by illuminati)

[thegrumpster] 28/7/2016 22:36

".....so deliberately useless"


Even with a producing mine and Asbury on board as a customer.


Bonuses all round?

[thegrumpster] 28/7/2016 22:34

From the "Graphite" thread on Hotcopper

Post 18360492 "tukebay" 25-07-16

Extract:

".............However, the graphite is the future.

AIM is not like ASX. The market isn’t as transparent, but perhaps more importantly from an investor’s perspective, not every second stock is a lithium or graphite stock. This means that should management be able to promote properly, graphite investors should flock to ACP. Similarly, initial drill results from the Liandu graphite project look pretty damn exciting. If BKT is capped around AUD50m, there’s no reason ACP can’t be there pretty quick. That would equate to about 10p from the current 2.2p........."


"....should management be able to promote properly, graphite investors should flock...."


Shame our lot were seemingly so deliberately useless.

[thegrumpster] 28/7/2016 22:24

It would make more sense for Tirupati to partner with BSM.

They will have the asset, the cash and will be able to "leverage" the asset for more.

Unlike those losers at STGR.

(Or so we are supposed to believe)

Very well contrived.

[thegrumpster] 28/7/2016 22:11

"As for costs and time frame for developing the JV mine, the CEO hopes the Bass transaction will fund this,....."

How?


What with?..... Bass money?

The £300k maybe enough to cover back salaries, maybe not, is only going to keep the company going a few months if they print shares to cover salary arrears. (Salaries that BSM should really pay IMO as it was spent improving things for Bass not STGR)

"Tirupati have their eye on our London listing for the graphite project"

So was that plan B? Flog the listing to Tirupati if all else fails?

At least then our director's favoured company BSM, will never have to hand over the next tranches of shares in a year or so.

Failing that what?

Try a humungous pacing with completely new investors at rock bottom, as a final kick in the nuts for the old investors?

How else can we pay our way with Tirupati?

The first lot of BSM shares are only worth £700k or so unless they can dump them on any spike.

What is that going to cover?

Directors salaries and perks for less than a year?

Tirupati might want our listing but they also obviously want a partner with money.
(Note that money paid by Bass to STGR, has effectively been spent on improving Bass interests....it has gone/is going back to them.....it is not available to now improve the situation for STGR interests.....apart from the tiny holding in BSM)

Wonder if they are going to expect guarantee work?

Will continued input from our salaried directors count as that?

Maybe that's what they mean by:

"The BOD are choosing to stay in the Madagascan large flake graphite business.

Wonder when they will be rewarded for engineering the gifting of the asset to BSM?

A year? Two maybe?

[illuminati1] 28/7/2016 21:46

"The BOD are choosing to stay in the Madagascan large flake graphite business.As for costs and time frame for developing the JV mine, the CEO hopes the Bass transaction will fund this, bearing in mind it's a 50/50 JV with Tirupati.Tirupati have their eye on our London listing for the graphite project. So when it comes to making a deal with the Vatomaina asset to keep us listed then I'm pretty certain that will happen. When it comes to funding we know Tirupati have the knowledge and the concentrator blueprints to pretty much ship in a working plant given their 30 years experience in the graphite industry and from Lohorano."

[thegrumpster] 28/7/2016 18:17

The "pile of cash in excess of mcap": (Be careful what you wish for)


We will get (hopefully) £300k on 19th August



From: (GM Circular and notice of Meeting - STGR website)

"EXPECTED TIMETABLE OF PRINCIPAL EVENTS

.....Expected receipt of Net Cash Proceeds .....19 August 2016

.....Expected receipt of 75,000,000 Bass Shares .....By 26 August 2016"






Are you counting the votes illuminati?


Going to be stuffing a few down your clown's trousers?

[thegrumpster] 28/7/2016 17:52

Friend of yours on Lse, illuminati?

ScalpTrader10
Posts: 14,780
Premium Chat Member
Off Topic
Opinion: No Opinion
Price: 1.75
Gooba
Today 16:01
Yes don't see any reason why it won't go through. So tomorrow STGR could be sitting on a pile of cash well in excess of current mcap. Strong Buy from me


What pile of cash in excess of current mcap?

We'll be sitting in a pile of something.

Certainly not cash.

[pictureframe] 28/7/2016 17:50

Well lets see it re-rate to 5p tomorrow then. It wont.

[thegrumpster] 28/7/2016 17:47

The negativity is about what the clowns are doing to the investment, not the investment itself.

You are part of this circus.

[illuminati1] 28/7/2016 16:50

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.

[thegrumpster] 28/7/2016 14:29

Where is the money to invest with Tirupati coming from?

New investors all lined up to squeeze existing investors out?

Can't see them getting much leverage on £750k's worth of BSM shares, which appear to be in a trading halt at the moment. They couldn't leverage a working mine with customers and the resource itself, so what chance do they have with a handful of BSM shares.

It isn't as if graphite isn't popular at the moment, even if our management would have us believe otherwise.

Ask illuminati...he's always telling us how good graphite is as an investment.

[thegrumpster] 28/7/2016 14:16

2p paid with a 50% spread?

Don't over excite yourself.

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

Re Jimbob re-post:

"Once the mine is working both the tranche payments and the royalty will be unlocked as they are dependent on operational success. After that the years it takes to collect boils down to a simple number - a product of risk and interest rate."


Tranche payments and royalties unlocked.... meaningless drivel at the moment as locked or unlocked, they are well in the future.

After that the years it takes....boils down to a simple number - a product of risk and interest rate.".

Simple number?

Simple words from "LeValueInvestor" (Lse 12:46 Weds ..see earlier re-post).......

"Decades"......at $100 -$200k .....helps towards director perks and expenses for decades.

" I find the 5mln royalty bit of the 15.5mln offer very misleading."

And that is a third of the 15.5m illuminati is wetting himself about.


Money already paid plus £500k of what they're supposed to pay on completion is effectively going back to them having already been spent on improving their new graphite venture. (shiny new generator, dryers etc)

And 12-18 months down the line we might get some more shares which should help towards director salaries......which must be a great reassurance for them.

[illuminati1] 28/7/2016 13:00

Tick tock tick2p paid again..., can see this cracking over before close given tomorrows egm to approve the 6p asset sale

[comet5d] 28/7/2016 09:44

2p paid.Expect swift re-rating once volume kicks in....3p first target.

[escapetohome] 28/7/2016 09:40

Up
Nice

[illuminati1] 27/7/2016 22:24

EIM replaced by Jarvis Investment Management. Fully loaded at now 10m shares and rising. DYORJim LSE 8p targetOnce the mine is working both the tranche payments and the royalty will be unlocked as they are dependent on operational success. After that the years it takes to collect boils down to a simple number - a product of risk and interest rate.Once the mine is working there's also potential upside from BSM price gains.But you take the 3p today I'll live with that. Then add another 2.5-3p for the JV mine at Vatomaina and we have 5.5-6p Get my estimate of 2.5-3p for Vatomaina by taking the Loharano operating cost and doubling, and estimating 50% large flake 94% output, for 12ktpa. Bearing in mind Consolidated Resources (JV partner) run the offtakes for Loharano - I believe at least - should give them good access to sales market...On purely technicals de-rampers returning make me think there's also some still to close out here so my targets are still 3p first stop, 5-5.5p second stop and 8p in 12 months. Personal view only DYOR and GLA

[escapetohome] 27/7/2016 19:05

Shareholder % of StratMin shares held
Consolidated Resources Pte Ltd 10.31%
Viking Investments Limited 7.45%
Mrs Kesava Padmavathi 4.96%
Mrs Caryl Melissa Jane Pienaar 3.98%
Total shares: 163,149,391.
Shares not in public hands: 24%


Are these major shareholders going to take action to protect their investment/ asset or are they in on the conjob?

[wskill] 27/7/2016 18:49

All I can say is the STGR assets must have a very high value for this complex fraud to be worthwhile to these Aussie crooks .
The present directors are aiding and abetting this fraud so there must be a good pay day coming for them for it to be worth while in destroying any future employment in a listed company with this sort of track record who would want them onboard any company if you heard what they did at STGR steal all the assets and that is what they are doing here today.

[thegrumpster] 27/7/2016 18:30

Many a true word has been spoken in jest....



"......stooges, shysters, Bass deal disgraceful theft, thieving aussies have stolen the company, fraud, criminal act, scam, crooks, inform FCA...." (Or ASIC)

Wholeheartedly agree with your words there, Comet.

Perfect summary.

Well done.