Member Info for Early_Bird

at $1200 gold its $220 x 40,000 = $8.8m or £7m profit pa. even allowing conservative £3m on admin and mine development costs thats Net profit of £4m = conservative fair value £40m MC vs £15.5M mc currently .. and thats at $1200 gold.

Wow surely some of the worst bits of trading ive seen in a while. £1.1k down the pan in a few hours. Wonder if they were doing a dummy but accidently pressed sell? v v odd behaviour otherwise

about bloomin time too I say! I have been in contact with numerous directors in my time and I have to say Brett really comes across extremely thorough and hell bent on turning this company around and excited about the future.

Add to that no debt and over £3m in the bank....

Profit generation is Current GP = $1265 - AISC $980 = $285/oz Equates to 40,0000 x 285 = $11.4m profit PA vs MC of £15m...

08:53:36 388,855 shares @ 1.9749p £7,679

People are trading this on the swings of gold. Fact is the cashflow OMI is chucking out even at $1200 gold supports higher SP than today. Results in just over a weeks time should bring a wave of new interest.

Well the last of the dead wood had a chance to leave yesterday, strongly expect this to start building nicely over 2p now, hopefully that being the new floor. Strong aspirations, lots to come.

Good to see that keyboard warror finally leave this board!

Changing your tone slightly I see ;) Soon you will be back on side, let the picture unfold Tirupati JV isnt priced in here at all currently.

£10m + in a heartbeat if this was on ASX.

As far as im concerned Brett hasnt put a foot wrong since he has taken over. Worm is turning here.

cant wait to see the numbers behind this. Going of typical peers typical margins of around $1000 per ton. fag packet that equates to 31% share of £10m net profit per anum so £3m pa net to STGR... apply PE of 10 gives an idea of upside here (£30m or x 10 bag). again thats fag pack but gives an idea!

http://www.investegate.co.uk/stratmin-global-res--stgr-/rns/jv-funding-initiation-and-vatomaina-project-update/201610050858477532L/ "aiming to cost-effectively develop the lowest CAPEX per ton graphite operation in the world" Fantastic.

overdone imo.

Also forgot to summarise that cash burn going forward will be much much smaller. Everything being leaned up. The historic burn was largely due to unprofitable operations at Graphmada. By bringing those operations to breakeven STGR were able to maximise the divestment value when selling to Bass and now Bass are responsible for those expenses and the CAPEX, the only costs STGR now have are London overheads.

Adding to that STGR is the only London listed Graphite producer.... over in Aus on ASX they command huge premiums hence STGR were able to leverage the sort of deal they have with the Bass shares in return for cash...

MC £2.6m No debt and all outstanding liabilities paid off. Current Cash £300k + £1.2m incoming staged payments in swap for the 75m Bass Shares STGR have been issued Remaining Incoming royalty payments from Bass Metals: £7.6m expected between now and end 2017. 45% equity share with Tirupati JV in Vatomania Graphite mining licence which is to be a 12000tpa graphite mine to be in full production by Q4 2017. News on this due any time now as per last update. Pending deals: STGR is required to RTO in the next 5.5month period, it has been reviewing a number of options, one being increasing disclosure on their Tirupati JV which would be straightforward and almost certainly value accretive to STGR shareholders seeing as the MD of Tirupati is a director and significant holder in STGR.. Other opportunities they have been conducting due diligence in include energy storage, advanced graphite processing and other commodities such as gold. I personally think they could be eyeing something that works synergistically with the Tirupati JV such as advanced graphite processing which would allow them to capture huge margin from their 12k tpa mine. New management have really been hell bent on turning this company around over the past 12 months and as we can see from the past few releases things are starting to come to fruition now. CEO and Shishir both taking 75% pay cuts and receiving 50% of their £20k salary in shares at a premium (2.5p) going forward. Graphite is also going to be in huge demand going forward given its used in batteries, more graphite than lithium in batteries so when Tesla start firing up I can see a huge squeeze.

Please elaborate on how you could possibly think the "BOD are playing a blinder"?! Yes we have about £1.1m cash (1.8p) which is I guess is the downside (providing this re lists before they drip though all of it on market fees etc). All I can say is I'm very glad I don't have a large % of my PF in here, pure gamble. I think everyone involved certainly would not have invested had they known this would be the turn of events. Granted not over yet, they have two more opportunities they are reviewing, will just have to tuck this one back up for another 10 months and forget about it.

Nice price indeed. MMs must be rather short of shares now! I noticed it was 1.88p to buy prior to yours being executed, MMs lowered the price to fill it and now its 1.9p+ for any amount (despite advertised ask at 1.75). Expecting this to open up tomorrow.