Member Info for nice1

Not very happy about the sale, but on the other hand if there was going to be problems receiving our part of the money, better getting something then nothing. Our value is £8.65 million and now we will get another £6 million giving our value near £15 million. Our share price once the funds our in should be near £0.03 pence a share. If STI can also come up with some good news before the money is received then this will help move the price up.

http://www.proactiveinvestors.co.uk/companies/stocktube/6492/stratex-international-plc-well-placed-going-forward-says-ceo-marcus-engelbrecht-6492.html

If Stratex could follow the below method then this would bring interest The company (unlike most on the AIM) are share-holder friendly and transparent in their communications. Some would say that they’ve been deliberately conservative, others think some what innovative in their approach (e.g. webcam) with shareholders which seems to be paying dividends. There’s actual trust in the company from Private Investors, their cash position is very robust.

Galantas Gold valued at 13.61 million and we still 10 million. Show the interest in STI. Let hope some real positive news comes through.

I feel there will be at least a further 2 months until we get any concrete news on full disclosure on all costs related to the production. I did receive an email advising me over the next few months the CEO will be visiting both the gold mine in Turkey and the companies’ mineral exploration interests in Senegal and various countries in West and East Africa. Shares holder will be updated.

This is my take on STI, please dont take it to heart just my opinion whiles we wait for the company to announce. 1st 2.5 month produced 12280 au gross amount $14.3 million End of June 7000 au gross amount $ 18.48 million Totalling $32.73 million With the new clay treatment facility installed, this should increase the production of gold. With an operation cost of $560 au oz, for the sake of calculation I would add exta $200, so $760.00 net cost, when you start going above $800 then I don't class it as low cost production. I will take gold at $1300 au oz, so profit margin is $540.00 au oz, a percent of 41% Gross figures 2.5 month, $14.3 million, STI 20% stake giving $2.86 million, net money $2.0 million, (£1.55 million) 6 months, $32.73 million, STI 20% stake giving $6.54 million, net money $4.65 million, (£3.60 million) 12 months, $65.00 million, STI 20% stake giving $13.00 million, net money $9.2 million, (7.13 million) Once you start going above $65 million then the JV partners will receive there $39.00 million a lot sooner then we think, especially if the gold price increases.

Stratex have there team in Turkey working with there partners, so hopefully soon they will announce and update the market, we just have to hope it is very good.

We are going to have a long wait in my opinion, I called the company to see what news i can get and at present with the problems in Turkey the staff can not travel there. Are they any closer with working out the costs of production, i dont think so it felt like there is still long way off until they know the true net cost and a lot of work still to be done. I did advise that it is frustrating for share holders to know the gross profit for the 1st 2.5 months and nothing else. I would not be surprised if another 2 months goes pass with no update, it has already been 7 month from production coming up to 8 months. Also important no one is hurt in Turkey and production is still continuing. A lot of patients required.

Name Share in Issue Share price value in millions AAZ 112.66 M 0.1837 PENCE £20.70 PRODUCING AAU 810.00 M 0.02 PENCE £16.20 PRODUCTION END OF YEAR CGH 273.00 M 0.0880 PENCE £24.02 EXPLORATION CNG 382.39 M 0.3075 PENCE £117.59 EARLY STAGE PRODUCER CNR 52.85 M 0.6850 PENCE £36.20 EXPLORATION EOG 244.89 M 0.0375 PENCE £9.18 EXPLORATION HUM 332.14 M 0.2550 PENCE £84.70 PRODUCTION END 2017 KIBO 354.63 M 0.0550 PENCE £19.50 EXPLORATION MARL 119.93 M 0.59 PENCE £70.76 EXPLORATION STI 467.31 M 0.0247 PENCE £11.57 EARLY STAGE PRODUCER This shows you how under valued we are.

It clearly shows that Stratax recognised a new broker was required. News is required very soon so we can also benefit from the positives that others miners are showing. It is important share holders view there thoughts and send Bob an email so they take the lack of news and response seriously. The last month CGH, AAZ, AAU, CNR, CON, HUM, MARL, OMI, have all shown encouragement and STI have not. Lets all hope there will not be much longer to wait.

I would not hold hope at present, only until we get some concrete news only then we hope the response will be well taken if it is good news. It has been long over due and makes no sense that Stratax continues to hold back while gold is rising. The brokers also need need to play there part and fight our corner.

This is one share that does not want to move North.

Thanks all, but at least there is regular increase in AAZ, STI has yet to show interest and they have to prove what the net profit, we all have been told it is a low cost open pit mine. We need the figures to verify this and this will be of great interest to all.

You would hope there will be a regular increase in share price, but with out concrete figures this share will just keep dropping, rise a bit and falls back down and this has been the STI pattern. You look at AAZ 1 year ago they were 5p, dropped a bit to near 4p and now they are 0.14p. STI 1 year ago 1.5p and now 1.90p. Not much of a response. We really have to hope the figures are good, and the Net money coming into use really does impress the market. At present this market see's STI as a start up explorer not a producer.

The potential here is very good, I was a bit concern about the sells so I emailed about the big sells and STI felt the recent big sells the company see's maybe profit taking as STI believes it is due to the positive response the share price has had in the last few weeks. I differ with the response on the shares, It is great to see the company very positive and I like it and also great to get reply's back as a lot of companies don't bother. I think it is all about waiting for the figures to be announced and waiting for the market to realise where we are at.

But there are also gold exploration companies who are not close to production and drilling in countries that are not stable and there valued at £135 million. STI is for sure not getting recognised for what ever reason.

We need to get out of companies that give us nothing and companies that can not file its annual audited consolidated financial statements in time. This is not a good sign, also our share prices go down easily when our JV partners give bad news and when we get good news from JV partners we don't go up. What will bring us value is our 1st production in Turkey, but we need figures.

We have gone from explorer to producer which is a big mile stone. We have exceeded production and not under given by producing 12280 AU in only 2.5 month. We will have regular income and I would guess our 1st share would be £700,000-1 million for the 2.5 months. We are getting 20% and then increase to 45%. We have other assets. We also have 33% of GRL who has been increasing in value. And our value has still not reflexed any of this. It is a JOKE

I managed to buy yesterday, minimum trades yesterday and I still had to wait what price I was going to get it at. Lets break it down what we could be producing and making. 2.5 month sold 12280 oz giving $14.16 million. 1 month will be 4912 oz giving $5.664 million. 12 months will be 58944 oz giving $$67.968 million. This is based on the 1st 2.5 month as long as they can continue at this level. STI will get 20% for now I will use $650 net cost. profit of $503 x 58944 oz giving $29.648 million. 20% of $29.648 giving $5.929 million to STI. This will change once we get our 45% .

7 x £14.5k buys