SRZ 0.00% 2.0¢ stellar resources limited

It does look a good deal Hottin and it looks like the new...

  1. 3,608 Posts.
    It does look a good deal Hottin and it looks like the new investor is cashed up having done a deal with Towerbrook for the sale of Metallum Group (Assuming i have followed the hints dropped by Stellar correctly though why it cannot just come out and say X has bought in rather than all the cloak and dagger stuff is beyond me).

    Stellar did the placement at a premium to the current share price which is a good sign and the options show confidence the share price will be lot higher further (maybe a bit too generous though at 8c maybe 10 12c would have been more in order).

    I think Stellar could have gotten a even better deal if it had held out for a couple of months more but i suppose things cannot be held up indefinitely.

    The plan seems to keep digging and finding more tin as the tin price goes up then doing a big deal later on which is welcome with the boards past habit of rushing to fast to sell the company silver.

    The more time passes the better Stellar looks.

    http://www.miningbusiness.net/content/stellar-gains-tin-industry-backer-heemskirk-project

    http://www.miningweekly.com/article/stellar-gets-new-major-investor-2014-01-17

    http://www.4-traders.com/STELLAR-RESOURCES-LTD-10354055/news/Stellar-Resources-Ltd--17-January-2014--Stellar-Resources-Limited-Welcomes-Major-New-Investor-wit-17819932/

    http://stellarresources.com.au/wp-content/uploads/2014/01/130111SRL.pdf

    http://www.metallumgroup.com/en/metallum-group/history.html

    http://www.metallumgroup.com/en/generische-navigation/news/items/towerbrook-announces-significant-investment-in-metallum-holding-130.html

    http://towerbrook.com/about-us/

    http://towerbrook.com/portfolio/metallum-group/

    In 1958, a generation change took place. Thanks to Jakob Dietiker junior's new ideas and an industry-friendly company policy it was possible to expand the business and increase sales.

    http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=20478558

    http://www.metallumgroup.com/en/generische-navigation/news/items/di-group-has-become-metallum-group.html

    http://www.efinancialnews.com/story/2013-07-08/towerbrook-private-equity-metallum-groupe-alpha?ea9c8a2de0ee111045601ab04d673622

    http://www.vcpost.com/articles/11739/20130722/towerbrook-capital-acquires-metallum-eur295-million-debt.htm

    http://www.metallumgroup.com/en/generische-navigation/news/items/towerbrook-announces-significant-investment-in-metallum-holding-130.html



 
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