On historical basis Stratmin does look cheap. Low Market cap...

On historical basis Stratmin does look cheap.

Low Market cap against peers.
Just check the metrics and market cap against some of the other outfits in AIM.
Really incredible price scope imo.

Every company has risk but there's an awful amount of value/upside chucked in at this Market cap.

New CEO in place.
Highly experienced in M&A, Fundraising and well connected.

Strategic JV with Major Indian Graphite producer Tirupati.
Access to Indian Market.

Derisked via Strategic JV with Bass Metals, effectively cheap back door listing on ASX.
Funding Investment by sophisticated graphite investors paying premium price.
Connection to Lithium giant Orocobre (partly owned by Toyota!)
Connection to finance company Metals Finance

First mover advantage
Stratmin is one to two years ahead of it's non-producing peers.

Peer imbalance.
Market cap currently one of the lowest in the industry.
300-500% gain to close the gap to non-producing peers

Shareholders - Top 20 represent 60% of the company.
Limited free float tends to move quickly

Ramp up of low cost production and exploration, close to port.

Capital intensity – Capex / tonne of production is the lowest amongst peers

Stratmins last CPR established a JORC resource over just 10% of Lohorano property!

High proportion of large and jumbo flake graphite, 94% grade soon 96%
Large flakes go for US$ 1400/t
Jumbo Flakes will fetch up to US$ 3000/t

Adding Expandable Graphite Product mid term.
Expanded graphite sells up to $3,500

The effect this has on project economics is obvious.

Off take deal in place with one of the largest graphite merchants in the world (Asbury Carbons)
Currently expanding in Europe due to high graphite demand and main supplier for the US.

It is clear StratMin is presenting itself as a non-China source of graphite.

Target:

Profit transparency soon, so that investors can make an informed decision.

Ramp up output over the next two years and place Stratmin among the leading producers outside of China.

Phase 1 18.000t (Stratmin)
concurrent with Tirupatis mine 12.000t (45% stake)

Phase 2 24.000t in 24months

Graphite market up 14% in 2014.
China’s power lithium-graphite battery market to grow 5x by 2017.

A new battery era about to start thanks to Tesla, BYD, BMW, Google, LG Chem, Panasonic, Apple.
Graphite demand set to soar.

Stratmin currently the most undervalued graphite company on the market, despite already producing graphite and near profitalibity.

Investing long term
GLA