Tri-star Resources Share Discussion Threads

[luckymouse] 14/5/2018 14:28

nice chart

[tidy 2] 14/5/2018 11:20

Are my eyes deceiving me. 68,750bn shares in issue.

[solarno lopez] 14/5/2018 08:33

hahah yes I too have a long way to go a very long way to go

[diamond1] 14/5/2018 08:28

Hello Solarno,

I see that you're still sticking with TSTR as am I. Whether or not I'll ever get my money back is open to question though. I bought at an average of about .9p, so a long long way to go.

[wiserthanyou] 10/5/2018 17:05

As an accountant you will see that the rise today was manipulated and the bid price remained unchanged? It's a mugs rise/. The value of the company remains at what I believe is hugely in deficit,with liabilities for outstripping any actual assets.
Love to see your working out on mkt cap..

[solarno lopez] 10/5/2018 12:30

moving nicely

[padherf] 10/5/2018 12:28

Wow that site has really matured, nearly there

[waldof] 10/5/2018 09:10

News of the new CEO will also help - may not be that far off either.

[suetballs] 09/5/2018 20:21

This has gotta blow some time this year? Can I actually own an aim stock that eventually makes money?
Time will tell but I'm reasonably positive for an accountant.
Suet

[kwizza] 04/5/2018 23:37

I don't think so.....

Latest from site.....

[wiserthanyou] 03/5/2018 11:57

This is about to plummet sharply

[wiserthanyou] 02/5/2018 07:33

GOING CONCERN

The Company is not yet revenue generating and is reliant upon funds raised from issuing loans and shares. The holders of the secured loan notes have agreed to extend the term of the notes to 30 June 2019. However, an additional cash requirement of GBP430,000 in unavoidable running costs was identified based on cash flow forecasts for the period ending 31 May 2019, as prepared by the Directors. The Directors consider that there are a number of options to cover this deficit:

1) SPMP arrange refinancing and make early repayment of part or all of its loan from Tri-Star which amounts to approximately $9 million ($8.8 million capital plus rolled up interest) (GBP6.4 million) at 31 March 2018.

2) SPMP makes the $2 million (approximately GBP1.5 million) payment in respect of its acquisition from Tri-Star of the intellectual property ("IP") of the Project.

3) Tri-Star raises further funds by way of an equity or debt placing or a further loan from the OAM Funds.

The Directors are confident that the Company will secure the funds required from one of the above sources. Accordingly, the Directors believe that it is appropriate to prepare accounts on a going concern basis. However, there is no certainty that they will be able to do so. These matters along with the matter set forth above mean that there is a material uncertainty which may cast significant doubt on the Group's and the Company's ability to continue as a going concern and, therefore, that the Group and Company may not be able to realise its assets or discharge its liabilities as they fall due.

[wiserthanyou] 02/5/2018 07:28

RNS Finals
Burned through £6m
Placing on the way ...
Suck it up mugs :)

[waldof] 30/4/2018 10:39

Report, news, update - very soon.

[puzzler2] 20/4/2018 21:55

Thanks suetballs - good luck with your investment here.

[suetballs] 20/4/2018 18:19

haywire snout - made me chuckle big time. Well done Puzzler2.
Rounded up my holding today.
Suet

[wiserthanyou] 20/4/2018 13:04

Get over yourself and then do some research! Do your research with a view to finding all the negatives then decide if you want to buy into this salary generating dog!

[puzzler2] 20/4/2018 12:34

There's absolutely no need for rudeness, haywire snout (anagram of wiserthanyou), just because you don't like other posters' reasoning. Yes, TSTR has rather diluted shareholders this last year and yes, it has issued additional loan notes to finance its working capital requirements and invest further in its 40% interest in a fully funded business that will shortly be gearing up to generate profits of some $50M p.a. However, with the company now worth just £20M, it doesn't look a bad risk / reward profile from where I'm sitting with my shareholding at an average cost of 0.0345p. ...but then I suspect you've bought at a much higher price than this and are nursing a substantial loss.

Haywire snout now filtered.

[wiserthanyou] 20/4/2018 12:04

Watch for the results when Eyi and Co have bailed out at massive profits plus the disgusting salaries he took for failure!!

Massive drop on the cards.. Zero is overpriced its a minus figure

[puzzler2] 20/4/2018 10:52

Agree with that too waldof.

[waldof] 20/4/2018 10:06

One other thing.....and of course i am only hypothesizing ( that will get dimwit reaching for the dictionary) we may find that going forward much greater emphasis will be given to the gold side of things compared to antimony.
And that makes sense.

[puzzler2] 20/4/2018 09:37

Agreed waldof.

[puzzler2] 20/4/2018 09:21

What about the 30% (approx.) investment in SPMP that owns am environmentally friendly roaster to refine antimony and gold, about to become fully operational in 2018 H2 and likely to be generating an annual profit of some $50M - don't you consider that investment to be a fairly decent asset?