Sunday 21 October 2018 | ShareProphets: The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares
Sunday Long Reads: Moving to Chernobyl, The Cruise biz, Living like a Morgan Stanley analyst, Patrick Leigh Fermor, The Bund
Notes from Underground - Cake, will you do the honour of making my stomach the happiest bag of acid in the world?
I can see why holders of Tri-Star Resources (TSTR) would be less than impressed with the recent open offer, especially given the huge discount to the share price prior to that. This isn’t a company which I have really followed closely in the past, but the recent large fundraising at a 92% discount to the previous share price, and subsequent approval at the general meeting this week, got my attention.
John Meyer of SP Angel this morning comments on Capital Drilling (CAPD), Rambler Metals (RMM), Randgold Resources (RRS) & Tri-Star Resources (TSTR) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond.
John Meyer of SP Angel this morning comments on Goldplat (GDP), Tri-Star Resources (TSTR) and ZincOx Resources (ZOX) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond.
John Meyer of SP Angel this morning comments on Tri-Star Resources, Thor Mining, Randgold Resources, Alecto Minerals, Horizonte Minerals and Anglo American as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond.
Antinomy, a versatile metal used in fire retardant materials, microelectronics, batteries and bullets, may not be looking too glamourous these days. It has fallen from one-time peaks of around $17,000 (£10,200) a tonne to below $10,000, but Emin Eyi, managing director of AIM-quoted TriStar Resources (TSTR) insists its hour will come. Tri-Star, with antimony deposits in Turkey and Canada, similarly has few outside fans in the stock market just now, having lost £534,000 (or £1.2 million at the operating level) in the first half of the year and seen its shares plunge from 2003’s float price of 27.75p to a barely visible 0.16p.
How low can they go? I refer here to shares in Bulletin Board darling, Tri-Star Resources (TSTR)
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