Tri-star Resources Share Discussion Threads

[suetballs] 12/1/2018 07:21

Let's see what the market opening brings. Probably some volatility as some will undoubtedly offload their oo shares.
Suet

[waldof] 11/1/2018 13:25

66m = £20k.........a HUGE amount, a mere bagatelle dear boy.

[waldof] 11/1/2018 12:18

Oh i see........so the mkt cap of TSTR has nothing to do with their 40% stake in SPMP?
You have to be the most ignorant person i have ever come accross on a BB if you do not understand this.
I shall not waste my time trying to eductae you.

May i suggest you call your broker, should you have one, and he will explain it all....slwly of course.

[waldof] 11/1/2018 10:34

You do like displaying your ignorance do you not?
TSTR own 40% of SPMP, if they owned 100% of SPMP the value of SPMP would be the mkt cap of TSTR.
Are you with me so far..........i will give you a minute to work that out.

Ready now?

Well they own 40% which means that someone else owns the other 60%, with me?
Give you another minute.

Therefore if 40% of SPMP is worth the mkt cap of TSTR which clearly it is,,,the mkt is saying so.you have 40% worth c.£25mill....so what is 100% worth?
40% x 1.5

Leave you to work that out.

[wiserthanyou] 11/1/2018 10:18

Where did you get the SPMP value? (made it up)
Here's the number of shares in issue.

sixty-three billion eight hundred fifty million three hundred eighty-eight thousand two hundred fifty-seven

lmfao

[waldof] 11/1/2018 09:58

Now who is the idiot......how do you get less than zero...its like muppets who say 110%!

Mkt cap will be apparent tomorrow.

Value of SPMP approx £50m, now do the maths on the tonnage.

[waldof] 10/1/2018 14:40

Well at the current share price the mkt cap even after the open offer shares are issued is a paltry £22.3mill.
They have cleared the debt and even have a loan out to SPMP of $6m.
Lets ignore the other assets re Canada and turkey.

So either the directors have written a 40 page doc that will land them all in nick for a preposterous fraud or there is something pretty exciting and profitable about to emerge in Oman.

20,000 tns of antimony to be processed at $8,000/tn, a cool $160m / yr and 50,000 oz of gold, another $65,m.

Of course TSTR's stake is 'only' 40% but there is going to be some HEALTHY PROFIT THERE.
Share consolidation a given in due course but so is a divi.
No drill and pray or clinical trials here and antimony may be boring but its needed and i guess gold may still be popular for a while.
Maybe the 300 employess is just another jail ticket too.

Expect news of the trial smelting once this is out of the way, then production...ramping up to max in a year.

I'm hanging around and will take the certain volatility to come with a pinch of salt.

[solarno lopez] 10/1/2018 13:29

I have received my allocation plus the substantial excess I applied for

[wiserthanyou] 10/1/2018 10:43

Where has DrRosso gone now?

[wiserthanyou] 08/1/2018 10:38

Yeah it will.. they will likely issue more shares ...

[suetballs] 07/1/2018 19:50

Next week should be interesting.
Suet

[wiserthanyou] 03/1/2018 16:55

All SRSP will ever produce is more shares!!

[wiserthanyou] 03/1/2018 05:12

Yet ironically carrera you still got suckered into SRSP!!
Which I also warned you about!

[xerot] 02/1/2018 20:50

another dire stox when will these clowns make us some dollar the useless gimps

[wiserthanyou] 02/1/2018 15:57

This will drop below the oo price.Beware about buying for a quick in and out,the MMs will make the spread impossible to make a profit. Best just to short to zero.

[dr rosso] 01/1/2018 18:04

Monster project comes with massive capex. Roll forward into production and ask yourself what the Co. is realistically worth. Say £100m for starters. Divide by 65bn and you have a share price of 0.15p. Whatever oo shares get picked up at 0.01p increase value 15x.

Most punters should be in the average 0.1p range if they've accumulated on the quiet. That in itself means a handy 50% profit if they wish to sell with the Co. initiating production.

The real value should come through later in the year. £600m mcap = 1p. Simple maths means 5m oo shares at £500 turns into £50,000. Dilution factored in, it all boils down to what this Co. is worth. 20kt antimony (+ gold) p.a. is enormous.