Tri-star Resources Share Discussion Threads

[diamond1] 07/11/2016 09:13

Mixed signals here but slightly positive.

hxxp://old.barchart.com/opinions/stocks/TSTR.LS

[dr rosso] 04/11/2016 16:10

Nice progress. WP is a top notch outfit.

[kwizza] 04/11/2016 09:19

A little item from the people involved with the construction

[fearfactory] 04/11/2016 09:06

It will drop when the sellers pop up.Mugs buying that have no clue about the situation.

[waldof] 04/11/2016 08:23

Without doubt this is a major RNS.
On time, no hold ups, on budget, partner to be signed, increased capacity, gold too.
Wait till Jan...then 2017 comes into play.
Mkt not got this yet in my opinion.
Thanks James G.

[drrichard] 04/11/2016 07:38

That is a nice RNS. Smaller footprint, increased throughout, adapatable to a range of different feedstock and on target.

[clodpool] 02/11/2016 00:08

Fearfactory - What basis do you have for your guess?

[wassatt] 27/10/2016 20:40

Don't just mention the sells, there was a 10M buy just before close.
Never to be built ????? Yeah right... pmsl

[fearfactory] 27/10/2016 19:38

There seems to be the start of a wholesale sell off starting.

[fearfactory] 27/10/2016 19:36

You mean SPMP I take it. Show me the figures for them as I see it as a bank facilty only plus a mezzanine loan. No capital or assets that are visible.
The plant will never be built is my guess and I'm alway's right as you know ;0)_

[waldof] 27/10/2016 07:27

Well fearfactor...you have been following TSTR for years and you have not been able to work it out.

Let me have a go, and i may be incorrect.

Current mkt cap : £10m

Assume Odey swaps all his debt for equity, that would be another 30% of shares approx

that would take mkt cap at today price to £13m

TSTR own 40% of SPMS that is an applied figure of SPMS being worth £30m.

This puts zero value on their other assets.

Now they are spending $70mill on building this, and some has actually being lent by a BANK, when was the last time you heard of a bank 'gambling'.
So some people, with wiser heads than mine, think that this whole deal is a sure fire winner.

the question then arises.....how much will the plant make doing antimony and gold per year.

[waldof] 25/10/2016 11:53

It comes down to this in my view.
If you sideline TSTR's assets in Canada , Turkey and attach no value at all to them, SPMP is valued at the current share price at £30-32 mill, not TSTR's stake the whole company.
They are fully funded to develop, build and deliver, the question is how much will the plant make including gold processing when up and running and what PE.
One might want to factor in a 'risk' factor of terrorism etc.

I think a value of £30mill may be on the low side, providing there are no major hold ups on the way.
If there are not and we sail into Spring 2017 we could have a very different valuation than today's...

[diamond1] 24/10/2016 23:38

I'm still holding drrichard, I just don't take any notice of what Dr Rosso says. With his track record he's quite clearly a pump and dump merchant.

[drrichard] 24/10/2016 17:13

Hang on Mr D, news cannot be long now. We know that are on track for September and there is lots to do before the roaster bits arrive.

[diamond1] 24/10/2016 17:11

Says the guy who forecast 2p by Christmas in June 2013.

[dr rosso] 23/10/2016 13:58

Picking up nicely as construction news starts to filter through. Starting to wonder if they'll even bother with Goynuk and Canada production for self-feed once this huge cash cow roaster is fully up and running.

[wassatt] 20/10/2016 12:27

Heshe, I see you've disappeared from LSE
Had enough ..???
👀 after yourself...... lol 😂

[fearfactory] 19/10/2016 12:29

Advfn appear to have locked them out as well.

LoL
Wrong

[wassatt] 13/10/2016 16:01

Happy days .....😉

[drrichard] 13/10/2016 16:00

Indeed, Waldof. The graph above starts to look interesting.