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.

Stratmin poised for ramp up -- at last

By Robert Tyerman

6 February 2015 02:14

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Manoli Yannaghas, entrepreneurial managing director of emerging graphite producer Stratmin Global Resources (STGR), has set his sights on taking the AIM-quoted company towards monthly production of 250 to 300 tons from its Loharano project in eastern Madagascar during the first half of this year, after a chapter of delays. He says Stratmin, which sold 48 tons of the stuff in December, would break into positive cash flow at 300 tons a month, with an expected selling price of $1,000 (£657) a ton for large flake graphite and anticipated costs of $700 a ton, which would fall to $500 and below as Loharano’s output increased.

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Comments

King Bob

6 February 2015, 02:55

Not for me thanks, expect they will fail to ‘ramp’ up to 300 tonnes in the whole of 2015 after experiencing more ‘issues’. Then will do another placing at 3p, maybe 2p.
wildrides

6 February 2015, 03:35

Its a red hot share rocket , so its got to launch at some point . It looks likely to be this year more than any previous years, if its going to happen at all . That last placing was bummer tho . I have a few for the ride . Its likely to be wild .