Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Brett Boynton, the corporate financier chosen to head ambitious graphite play Stratmin Global Resources (STGR) has pleased investors in this recently lacklustre AIM performer by committing himself to a cost-cutting expansion drive to double projected output from the company’s flagship Lohorano project in Madagascar within two years, while seeking out deal opportunities to expand the company further.
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Comments
wildrides
Well lets hope he does better than the last bloke so I can extract myself from this Lobster pot of monster proportions ( cheers for that one Tom ! ) ( yeah , I know …… we cant get them all right ;-)
Richard
“we shall need to explore and expand the tenements there to expand the resource and obtain finance for a larger plant.’
‘we are keen to attract specialist resource investors, so that, when opportunities for corporate deals come up, we can take them.”
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or yet more dilution?