SP8 0.00% 0.7¢ streamplay studio limited

mining news article, page-15

  1. 5,867 Posts.
    Domum,

    it is a shame this stock receives the quality of discussion it does on this site compared to other stocks.

    Tantalum is a specialised mineral, non LME in terms of price fixing.

    The end users dictate price, though the reverse may happen towards the end of the decade.

    Management of GIP have no demonstrable experience in producing tantalum, and no demonstrable experience in selling the stuff.

    The supposed agreements it has in place are potentially no better or worse than Twiglets iron ore deals.

    It has been in incubation for 18 months plus without ant positive movement re funding despite repeated comments to the contrary by the management-the "loan arranger', cum MD. The guy is not worth an orifice of cold water, despite domums protestations.

    The stock is illiquid, due for a placement, and has no demonstrable positive management capabilities in moving forward.

    Cheers,TAS
 
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