UK 15:34 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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.
The twitter and bulletin board morons are demanding that I admit that I a joker and admit that my accusation of lying against Astar Minerals (ASTA) was wrong. For the avoidance of doubt: “In its RNS of May 27th Astar Minerals lied.” If Astar disagrees it is free to issue libel proceedings and The Sheriff of AIM will see you in court bitchez. Astar lied and its directors are thus liars. But this gets better (unless you are a shareholder)
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
Duck and Dive
I know some Iraqi oil services chaps who could show your Nogal chums a clean pair of heels when it comes to spawning boilerplate websites for impressive new enterprises which seem to have everything except clients.
Tom W
Bel
So you are happy investing in companies that tell lies. Go ahead, I am not stopping you.
If exposing lies makes me a loser well I glory in that title.
Best wishes
Tom
Taurex2020
Tom, you should have dug a bit deeper before making baseless accusations. Nogal is majority shareholder of this entity, a bit of perusing the web site will show that these are some pretty substantive assets and they include some major players as clients.
http://tripletcoiltubing.com/about-triple-t/corporate-leadership/
Tom W
Taurex
The allegation I make is that the RNS is untrue. It is. If Astar wants to come out and say it has a jv with a shelf company which has a “see-through” to another shelf company with a joke website which in turn is owned by a company that does what you say that is fine. I would not challenged that.
But what it has said in BOTH RNS statements so far is untrue. It is a lie. It is not baseless.
Astar needs to learn to tell the exact truth.
T
badabing
So you target ASTA which has delivered returns of 100% – 200% for buyers this year and yet have FA to say about a real AIM cesspit share like TXO and its appalling CEO Tim Baldwin who has single handedly destroyed shareholder value since he took over there, your so called “interview” with him was nothing more than a pr exercise, well mr sheriff are you going to do anything about that bow wow and exposing their CEO for what he really is?
Taurex2020
Yes, but in your blog you allege that everything Nogal has done is “future tense” this is a very real business in the Nogal family of companies. While the RNS could have been better written and with respect to the word parsing about which entity did what you may be technically correct on a couple of points, you may be missing the forest for a single tree. We will have to see what shoe is left to drop….but you will be right, Nogal Holdings is a holding company. Oh my gosh, a seasoned operator with deep experience in Mexico chose to do business through a new holding company for a new deal! Unheard of, call the UN, Interpol, FSA, SEC, CIA, MI6 and the KGB! A business man wanted to pursue a new deal through a new holding company, but oh – according to your definition it does not matter what he has done in his entire career? But so what, if Astar put together a team with top notch credentials for doing business in Mexico…..who cares?
Tom W
Taurex
Hell’s teeth how thick are you? The company ASTA stated it had a deal with has done sweet FA it is a shell yet it claimed that this hell was doing lots of stuff had business relationships with etc. That was a goddamn lie.
If ASTA now wants to come out with a second clarification sayng that Nogel Jan 14 deal gives it a see thru deal with Nogel 2011 fine. But why not tell the goddamn truth in the first place?
badabing
The share price has gone up as ASTA has issued 2 RNS statements that are lies. That is not the same as creating value. Ramping/lying moves a share price it is not value creation.
Re TXO – show me an RNS lie and I’ll write.about it. An assertion does not equal evidence.
Tom