Member Info for Sonic80

I agree that this still looks way undervalued. According to the trading update last month, 2017 H2 revenues were up nearly 40% on the same period the previous year ($3.6m H2 2017 vs. $2.6m H2 2016). Plus they have improved gross profit margins, and importantly are rapidly turning into a net profit-making company. The CEO seems very excited about the 2018 order book, even at this early stage, so the July 2018 trading update for H1 2018 should be fun. Not to mention the potentially huge news flow around the corner with the major European industrial group partners, and the possible UN deal. It could be a very exciting few months for STAR shareholders.

The asset is world class. Newfield are getting a bargain. This should be trading a lot higher right now.

Decided to dip my toe in here the last few days. Trading update and interview look very positive. Could see a long steady rise from these levels in my opinion.

https://www.bloomberg.com/news/articles/2018-01-25/noble-group-strikes-restructure-deal-with-lenders-debtwire-says Future Talaxis funding for MKA projects all looking much more secure...

From news overnight, it looks like a Chinese consortium are lining up to buy out Noble group. With China so heavily pushing electric car technology, it now makes more sense why Noble are so keenly pursuing MKA's rare earth metals portfolio.

Come on STEL, Sierra Leone Government, Ministry of Mines, Octea, BDG, Deutsche Balaton, and everyone else involved - prove all the derampers and naysayers wrong and get these deals over the line. They will be unbearably smug if you fail.

“Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well.” Warren Buffett. Well, STEL is certainly unpopular at the moment. Priced to fail with a market cap close to £2 million. We'll know within a few weeks whether that's appropriate or not. One thing is for certain, if it doesn't fail the market cap won't be anything like as low as £2 million. Big month ahead.

Yes Jim, it's all relative to when you bought in. Look at the AIM shares that have seen spectacular share price rises in recent years, the vast majority of them have seem long declines followed by a stagnant period before taking off with a huge rise. The trick is timing it for that rise. STEL has seen a long decline followed by a stagnant period and now is starting to flicker away nicely. I believe the spectacular share price rise is coming soon for STEL. I bought shares in tranches about 3 months ago to an average of 5p. At present I am sitting on 30% gains. You let me know when I'm allowed to call it an actual rise.

If it's predictions you're after, then my first one is for 15p by 12th August 2017 (1 full trading week after end of exclusivity period).

There were about 400,000 more shares bought than sold yesterday. That's about 1% of all the shares in the company and over 2% of the free float, all swinging to buy in 1 day. Looks like the market is slowly catching on to the potential here. If that buying keeps up then this will absolutely fly soon. The market makers won't be able to hold it back for much longer. It could be a fun few weeks ahead...

https://www.youtube.com/watch?v=bgWZ9372eM0&app=desktop What do you think the GSR share price would be if this was Keng talking about diamonds, Tongo and mining in Sierra Leone?

Lol. It's amazing how bitter you are about the prospect of the STEL share price rising. You focus on the tiniest things that you perceive to be negative and constantly ignore the many, many huge positives here. You can moan all you like and try to time it with troughs in the share price if you wish, but the long term trajectory from here is up, up and away, whether you are bitter about it or not. You will see.

From a market cap of £3million, it's easy to see how this rise could just go on and on and on. The sky really is the limit here. Yesterday's interest was not so much sparked by director buys, but more by the revelation in the interview that not only are things progressing nicely, but that the vast majority of the capex for the Tongo-Tonguma diamond mine will be raised through finance, without dilution to shareholders. All of a sudden a company with a balance sheet well in the black and a 50% margin, $45million per year revenue stream on the horizon looks like a very, very attractive proposition. Forget a £3million market cap, with things progressing as they are the market cap could easily be over £100million by the end of the year. This is all set to be the biggest share story of 2017. The markets are slowly catching on. Expect the rise to continue for a long, long time...

STEL. It's on the move big time.

Nice review of the numbers again in the interview. 4.5 million carat diamond resource at Tongo-Tonguma. Exceptional grade and quality, resulting in some of the highest values per tonne in the world. $45 million revenue per year with 50% margin. Low capex requirement with all efforts to minimise dilution and maximise shareholder value. The staged capex requirement alluded to in the interview is a huge plus, rather than requiring it all up front. No wonder the board are buying shares and moving them into ISAs. Nice to have seen a move in the SP from 4.75 to 6.75p in recent weeks, but at a market cap of less than £3million, there is still a massive amount of headroom from here! This is just the very beginning...

Interesting, very interesting. Another show of confidence from the board. Things must be progressing along nicely. Also, in case anyone missed it yesterday, good interview on tiptv mining... https://m.youtube.com/watch?v=bgWZ9372eM0 The market will wake up to this before too long. Huge re-rate coming soon!!!

Someone used up their whole ISA allowance today with STEL shares. Wise move - getting set for a big rise!!!

mobile.reuters.com/article/idUSKBN18W2GC Big, big re-rate coming soon.

I am a bit disappointed to see the Guinean assets sold. I would have preferred the JV to have gone ahead because I think they're pretty good assets with a high chance of big, special stones. But I am pleased that, in the face of citigate messing around, STEL have been decisive in sorting something else out. The grades and quality in the Guinean assets are no way near as high as Tongo-Tonguma, but as stated before, those are exceptionally high, so the comparison does not make the Guinean assets bad, it is just that T-T is very, very good. In fact, the Guinean asset grades are comparable to several successful South African mines, so they do have good prospects going forward. It would not surprise me to hear of big gem-quality stones coming out of the Baoulé pipe over the coming years. But I accept that at the present time it is right for STEL to sell them to realise a bit of cash and allow them to focus on the T-T project. The $2 million cash for the sale of non-core assets makes a mockery of the $3 million market cap. STEL is due a big re-rate soon. This sale also surely shows confidence that the T-T project must be progressing ok. I'm pleased that they still have the Liberian exploration licenses as well. Anyone that has researched those areas will know that they are relatively unexplored, but that the geology and results from the small amounts of exploration that have taken place so far make them highly prospective and exciting areas. I will look forward to the "sustained commercial production" at the T-T project funding some exploration in Liberia. Good that we don't only have one asset and that we'll soon have cash in the bank amounting to 2/3rds of our market cap...

"Mike drop. I'm done with you." That's hilarious!!! You're such an idiot! That'll be the third time you've said you're done with me (although this one was by far the funniest!). Please let this be the time it's not just more BS out of your mouth! But of course it won't be. You will undoubtably reply to me again because you couldn't bear not making the last comment. Well researched media articles?! Like the last one you sent a link to that said Koidu hadn't paid any royalties?! They're about as well researched as your posts. You choose to invest in KRS - registered in England, but operate (if you can call it that) in Togo and Australia. Do you expect them to pay 25-35% tax in all 3 countries? And still make payments even if they're not making a profit?! I'm done conversing with you. You're clearly a moron. I really hope we're the only 2 people sad enough to be reading this board. If anyone else has been reading all of this then I am genuinely sorry that you have had to put up with it all, most of which is a complete tangent from what are actually the important issues for STEL at the moment. I'm going to give it a rest until we hear news either way on the deal. Sorry if you have to put up with Jim making yet more bitter comments in the meantime. "Mike drop." Ha! That was a good one though!