Stratmin Global Share Discussion Threads

[david.susies] 09/2/2018 11:23

In my opinion this company is disgraceful in the way it has treated shareholders. No easily way to get information or updates, Contact on web site not working I telephoned the other day and could not speak to anyone left phone number and email address - no reply.

[harvey haddock] 05/2/2018 23:18

Courtesy Of Arminius over at LSE.

Get ready people!

Thanks for the support, yes, we are pleased to get through the raft of regulatory process. Almost there!
We have a few updates to share. The December field program was better than expected and frankly better than we hoped for. The structure containing the Specimen Hill epithermal deposit which we have drill tested over a 300m strike and down to 125m depth has now been measured over 1600m in length and at least 400m deep, with the depth extension one as that is the limit of the geophysics tool we used to map the structure.

So we are looking at a potential 20x increase in the target from our modelled 230,000 oz Au or a 4+million oz target for the drilling program. And this is just the first part of the system!

Have a look at the Signature Gold website for the independent geologists review of the December program. www.signaturegold.com.au

Needless to say Titeline has been very keen to get going. We have also met with RFC Ambrian, one of the leading resources investment banks. They are the only Australia and UK based resources team and have agreed to come on as a broker to the IPO and assist us with our strategy. I can£t overstate the importance of this for us - RFC are the go to team in the space and are very picky about who they work with. We are very pleased to be bringing them into the deal and it is really the results from December that have convinced them we are onto something potentially big enough for their core client base which includes the top 5 Australian gold producers.

So that is the excitement of the past few weeks.

In terms of timing, we have the Australian Court final verification hearing, which is a rubber stamp process, but getting into the Court schedule is always a challenge as the Federal Court is closed in January. This is set of 22 February and we can list directly thereafter,

Pricing is 2p which we felt was important to maintain as it keeps a reasonable value on the StratMin side and all the STGR shareholders have been patient and supportive as we worked up this deal.

[maltby2002] 30/12/2017 11:08

Stratmin AGM to be held at 10.00am on 12th January to rubber stamp its change into an Australian gold producer presently called Signature Gold into Tectonic Gold. Some nice recoverable gold deposits as high as 35 to 40 grams of gold per ton. Could be interesting

[thegrumpster] 23/12/2017 22:22

In the spirit of Christmas,

from Lse:

TectonicGold
Posts: 2
Premium Chat Member
Off Topic
Opinion: No Opinion
Price: 0.00
To all future TTAU shareholders
Today 22:04

A very Merry Christmas and a extremely prosperous New Year.

[thegrumpster] 21/12/2017 22:13

From LSE:

MALTBY2002
Posts: 49
Off Topic
Opinion: No Opinion
Price: 0.00
E mail from Brett today
Today 14:59
GM circular to all STGR shareholders to go out today with it also posted on their web site. The book regarding the share offer to be re-run in January

[thegrumpster] 19/12/2017 19:48

From Lse:

"Today 18:02 vidaloca RE: Great news, Tectonic Gold TTAU 0.00 No Opinion
That's the thing Monkey, he already is on board with over a million shares, the fact that the new poster TectonicGold whose first post was today (the same day as his registration to this board) is welcoming him, makes no sense whichever way you look at it."

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


Poster "TectonicGold"

Possible insider?

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

Changed ID?

Illuminati/Arminius would stick to their old IDs, surely?

(Both nicknames hinting at being an insider)

Mars_2050 over on 3iii might not have hit the insider spot, with his nickname.

On the other hand:




"Welcome to the Internet's most comprehensive resource for ex-Jehovah's Witnesses, a community for support, recovery and a few laughs along the way."

[rogerbongos] 05/12/2017 07:47

So where does this leave us? Listing/no-listing?

[harvey haddock] 01/12/2017 07:38

Shareholder note to Signature shareholders on LSE this morning.

Looks like we are off.

[thegrumpster] 25/11/2017 09:16

First stooge making an appearance?

Where's illuminati?

[thegrumpster] 24/11/2017 21:34

Page 3
"Minimum raise (£1m) underwritten @ 2p

£2m target raise (£3m green shoe)"


......£3m "green shoe"

"Practical Workings of Greenshoe Options

Greenshoe options typically allow underwriters to sell up to 15% more shares than the original number set by the issuer, if demand conditions warrant such action. Since underwriters are paid a percentage of the IPO, they are interested in making it as big as possible. The prospectus that is filed with the SEC prior to the IPO spells out the actual percentage and conditions related to the option..

Underwriters use greenshoe options in one of two ways. If the IPO is a success and stock prices surge, the underwriters exercise the option, buy the extra stock from the company at the predetermined price and send those extra shares, at a profit, on to whoever bought them. If the price starts to fall, they buy back the shares from the market instead of the company to cover their short position, supporting the price of the stock.

Some issuers prefer not to include greenshoe options in their underwriting agreements under certain circumstances, such as if the issuer wants to fund a specific project with a fixed amount of cost and does not want more capital than it originally sought."

(Investopedia)

[thegrumpster] 24/11/2017 21:27

From LSE:

Monkeybusiness
Posts: 1,164
Off Topic
Opinion: No Opinion
Price: 0.00
RE: timeline
Today 19:44
Talk about speedy reply:

"Yes, all proposals passed, so we are cleared to proceed. We had proxies in support from the founders and executive so it was all guaranteed.

I have been road showing this week in London. Attached is the management presentation for the IPO.

If you have an interest in participating, Optiva Securities will facilitate. Please let me know and I can make sure you have allocation.

The raise is underwritten.

Regards

Brett"

Results from the meeting are on the signature gold website and here's a link to the presentation:


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


Page 4

Settlement / Dealing commencement .......21 December (Thursday)

[thegrumpster] 02/11/2017 19:47

Early New Year?

[thegrumpster] 02/11/2017 19:41

New Scheme Booklet from "quindell" Lse

-----------

Scheme Booklet dated 1 Nov 2017

Page 8 Important Dates (Extracts)

Scheme Meeting Date ......24th November 2017

Effective Date......last day of trading.....12 December 2017

Record Date..... Signature shareholders will be entitled to Scheme Consideration.....19th December 2017

Implementation Date.....Implementation of the Scheme and issue of the Scheme Consideration..... The Date of Admission.


-----------


Page 10 (3)

"Pursuant to the terms of the proposed Scheme of Arrangement, each Signature Share will be acquired by StratMin in exchange
for four point seven eight five (4.7855) StratMin Shares at a price of 2 pence per
StratMin Share (and subject to the rounding method specified in section 1.3 of this Scheme Booklet)
.
The total acquisition consideration is valued at up to $15.11million (£9.0million)"

[thegrumpster] 02/11/2017 19:11

Dated 20 October 2017

Annual Report Page 5

"Corporate activities
During the reporting period, the Company has executed a binding Heads of Agreement (HoA) with London Stock Exchange listed shell company, StratMin Global Resources Plc (StratMin), for the reverse takeover (RTO) of StratMin by Signature. The RTO was to be executed by a Scheme of Arrangement, however since the end of the reporting period, the time frame in which the RTO was to be completed expired and as such StratMin was de-listed from Alternative Investment Market (AIM). Under the
AIM Rules, a qualifying asset had to be reversed into StratMin within 6 months of the Company being suspended on 3 February 2017.

Signature Gold is still pursuing the merger with StratMin as an unlisted entity and anticipates lodging a listing application on AIM within the first half of 2018. "

----------

.....Lodging an application to list within the first half of 2018.


For interest compare that to the time-frame suggested by the two "Ipad RNS" e-mails sent to posters on Lse

[vatnabrekk] 26/10/2017 19:28

Email from Brett on LSE BB, Tuesday 24th October. I won't copy it on to here, but it's over there for anyone who is interested. Looks like something may be happening in the next few months.

[thegrumpster] 19/10/2017 09:33

They don't even have to use the RNS setup.

They can just keep investors informed on the websites.

Costs nothing.

But then you don't create posters that think they are almost "chosen insiders".

Landau was the master of that little trick.

The Ipad RNS. Can't beat it for sowing rumours and confusion.
Or most useful of all, "truth" that just isn't quite right.
Feed misconceptions into the system, without being an official means of communication....although even that "truth" can be bent.

[thegrumpster] 19/10/2017 09:27

Lse:
Wed 23:57 quindell RE: FD 0.00 No Opinion
Yes they are valid as a private company, its no longer listed on the LSE but will be looking to re-list by the end of this year after the RTO of Signature and a change of name to Tectonic gold
-----------------------------------

So much for revisiting things at the end of September.

It took six years for Signature to get hold of a listing by the back door after failing to list on the ASX, and then carelessly losing it. Perhaps unfair to expect anyone in this company to pull their fingers out. They don't need to. They already have the money.
IMO The only success they've had is overseeing the reduction in share price from over 5p to about 1.5p, and losing the graphite interests for a song.
Admittedly they did get rid of Marvin at the same time, so not all bad.

AIM again......or something more exotic?

At least they're selecting their stooges for the eventual rampfest. So we are progressing. Just remember to disappear any negative post on Lse.

And illuminati........it's gold, not graphite.
Write it on your hand, or something.

[thegrumpster] 01/10/2017 20:05

Speculation admittedly.

But just for interest:



Stratmin investors can afford that.

[thegrumpster] 01/10/2017 19:35

vidaloca....poster on Lse.

Fond of words like "stupid", "idiot" and "fool". Perhaps inappropriate for someone that was lapping up Brett's every word.

Earlier vidaloca post:
------------------------------------
STGR
RE: 37.50 % spread showing
29 Mar '16

"I've questioned Brett on several occasions about our presence on AIM and my view from those conversations is that we will be trading in a different market at some point..the sooner the better as far as I'm concerned, but I'm sure wherever that may be, there will always be dodgy antics being performed.
Today's share price movement is in my opinion manipulation and underhanded, which makes an investment look like a pure gamble.
Disgusting."

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

"....we will be trading in a different market at some point...."

Wonder if we are going to revisit a listing on the ASX.

That would likely have been what the original investors in Signature would have been looking forward to. They, like us are faced with a situation that would probably accurately be described as being "unfair but reasonable".
Some of them may even have been personally sweet talked into investing, partly on that point.

Haven't heard any more from them about the follow on, from the loss of the AIM listing?

ASX instead?

The important Signature investors might be happier?

[thegrumpster] 20/9/2017 15:06

From LSE ......A$500k

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

"Today 11:02 Marco67 BSM : Cash raise 1.0525 No Opinion
BSM released an announcement on ASX last night indicating that it wished to raise 2.5m ... this paragraph may be of interest

Use of proceeds
The net proceeds from the Equity Raising will be used to fund final payment to
Stratmin Global Resources Plc for the acquisition of the Graphmada Graphite Mine,
funding the remaining mine refurbishment capital expenditure, exploration of highly
prospective graphite and lithium permits and for working capital.

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

RNS 15 December 2016

StratMin Global Resources Plc

("StratMin" or the "Company")

Early cash settlement of outstanding payments from Bass Metals Ltd

StratMin Global Resources Plc (AIM: STGR) has agreed to an immediate discounted cash settlement of the share payments from Bass Metals Ltd ("Bass") under the 6 June 2016 Share Purchase Agreement ("SPA"). Under the SPA, Bass equity was to be issued to StratMin in two tranches of A$3 million and A$5 million subject to Bass meeting certain performance criteria by 31 December 2017 and 31 December 2018 respectively. Bass recently approached StratMin with an offer to settle the equity payments in cash and facilitate the divestment of the Company's remaining 70 million Bass share. The Board considered this offer with reference to the recent share price performance of both Bass and StratMin and the need to establish the best possible platform for StratMin ahead of initiating a reverse takeover ("RTO"). The early settlement has been agreed with the following terms:



· Payment by Bass of A$2,640,000 in cash consisting of,

o A$955,000 on or before 16 December 2016;

o A$1,185,000 on or before 15 March 2017; and

o A$500,000 on or before 30 September 2017.

· Immediate placement of the entire remaining 70 million shareholding in Bass at a minimum price of 1.3 cents per share.

o This will provide a further A$910,000 in cash to StratMin in the next 5 days.

· An option for Bass to purchase the 2.5% royalty for A$500,000 prior to 30 June 2018 with a royalty holiday if purchased prior to 31 December 2017 (the "Royalty").

In summary, this settlement will provide StratMin with an immediate A$1,865,000 (£1.1 million) in cash and a total of A$3,550,000 (£2.1 million) in cash with potential for a further A$500,000 (£296,000) from the sale of the Royalty.

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

STGR shareholders will possibly be updated on the websites, either STGR or Signature....or Tectonic.....sometime? (Thought that was going to be the name). Don't think we need to use the RNS setup.

[thegrumpster] 19/9/2017 10:02

What does a Proactive interview cost, anyway?

[thegrumpster] 19/9/2017 09:58

"....The timing is impacted now by the summer hiatus and the brokers have advised that we should wait until the second half of September to revisit the capital raise."

It has been about six weeks since the shares were cancelled from trading on AIM, and we're now in the second half of September.

Must be due an update about now.

That's if they want to be taken seriously, and are not planning on quietly disappearing with the STGR funds.


On LSE. "vidaloca" .....illuminati is still lurking, apparently.

Hopefully someone has written him some new ramps......to go with management's born again enthusiasm for graphite....sorry gold.
Scrub all those Proactive interviews, it was all "let's pretend" anyway.

[escapetohome] 04/9/2017 23:31

All depends if they can raise the funds or not, if not then worthless.