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Member Info for Wassatt


Member Since: Thu, 20th May 2010

Number of Share Chat Posts (all time): 30,589
Number of Share Chat Posts (last 30 days): 461

Last Posted: Today 12:21


Post Distribution over the last 30 days




Fri 07:38


GECR really promoting TSTR…

From today:

http://www.*****************/news-now-due-gecr-tri-star-resources-tstr-potential-become-material-mineral-processor-speculative-buy-target-price-0-60p/

News Now Due, GECR Tri-Star Resources (TSTR) Potential To Become A Material Mineral Processor Speculative Buy Target price 0.60p

Tri-Star Resources is working to establish itself as a mining and mineral technology company.

It has formed a JV (40% stake) with two significant partners in the Gulf to construct a mineral roaster and a third party assessment expects that a roaster in the region could deliver annual EBITDA of up to $59.6m.
Fri 07:35


Message from SHD

I note the question from Quidforcash on LSE.

There are two responses:

1. SPMP (or TSTR) Sb will not be more expensive due to it being EU compliant – In fact it will be cheaper as the roaster is more efficient and Oman gas is zero and tax is zero. So gives them a massive cost advantage over the Chinese.

2. The supply outstrips the demand at the moment so adding 10-12% is not an issue. TSTR have already had enquiries for their EU compliant Sb from “companies” which will become transparent after roaster has commenced construction. The “customers” are unwilling to break ranks now as they have little to no alternative.

3. Sb is scarce so no problem in gaining 10% of the market right now.

4. China and Japan are not happy with each other so Japan looking for a new source of supply.



So in summary. They will have a new more financially viable roaster producing cheaper (and not taxed) Sb into the market, for the first time an alternative to the Chinese. And with it being fully EU compliant (and Oman has reciprocal agreement with USA – So its sellable there as well) TSTR will be in a great position to win market share. Also big Mr Eyi has traded Sb for 342 years.

All good…
Fri 07:31


It would be nice to finish the week off in a sea if blue,
Fri 07:02


Yes of course you have ......

And no, no freedom of speech allowed on AIM BBs anymore
Fri 06:57


Good morning all


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