SMS - Star Minerals

[System]

Star Minerals Limited is an Australian public company that was incorporated on 18 February 2021. It carries on the business of mineral exploration, focused on the exploration and evaluation of the Tumblegum South Project and the West Bryah Project (together, the Projects), located in central Western Australia.

Star Minerals has entered into the Tenement Acquisition Agreements for the acquisition of the Tenements comprising the Projects.

Star Minerals' subsidiary, White Star Minerals Pty Ltd, has agreed to acquire the Tenement comprising the Tumblegum South Project and Star Minerals has agreed to acquire the Tenements comprising the West Bryah Project.

It is anticipated that SMS will list on the ASX on 30 September 2021.

Star Minerals

Star Minerals is a Western Australia-focused gold explorer, with an advanced development-ready project and extensive land holdings in the world's most attractive mining jurisdiction (Fraser Institute survey, Feb 2020).

www.starminerals.com.au

 

[Dona Ferentes]

Listing date	30 September 2021 1:00 PM AEST ##
Company contact details	https://www.starminerals.com.au/site/content/ Ph: + 61 08 9226 1860
Principal Activities	Mining Exploration
GICS industry group	TBA
Issue Price	AUD 0.20
Issue Type	Ordinary Fully Paid Shares
Security code	SMS
Capital to be Raised	$5,000,000
Expected offer close date	3 September 2021
Underwriter	Not underwritten.

 

[Dona Ferentes]

Took a month to get ready for IPO, and final hurdles cleared

SMS listed today, opened at 20c and traded in a narrow but positive range, to close at high for the day of 21.5c

 

[Garpal Gumnut]

A golder in the Murchison field. My pick for the August comp. It could be ... I won't go on, it is a coin toss with these golders. It is alive and has as good a chance as any of providing good earnings for insiders.

gg

 

[Dona Ferentes]

A golder in the Murchison field. My pick for the August comp. It could be ... I won't go on, it is a coin toss with these golders. It is alive and has as good a chance as any of providing good earnings for insiders.

ggood ppick, gg... certainly alive with a pulse

.
right now ... securities of the entity will be temporarily paused pending a further announcement.

No mention of capital raise; could it be ASX is on the ball? maybe some SMS text soon.

 

[Dona Ferentes]

... securities of the entity will be temporarily paused pending a further announcement.

No mention of capital raise; could it be ASX is on the ball? maybe some SMS text soon.

and at 2:21
a) The Company is seeking a trading halt and anticipates that the trading halt will end on the earlier of a release of an announcement in response to the ASX price query and release of assay results.

gg still in the race, it would seem.

 

[Garpal Gumnut]

I have requested the ASX continue the pause until Sept 1st.

A 76% gain should get me the comp for August with SMS. And you say it's a golder eh. Well I learn summat new every day. @Dona Ferentes

gg

 

[Dona Ferentes]

I have requested the ASX continue the pause until Sept 1st.

A 76% gain should get me the comp for August with SMS.

When you wish upon a star
Makes no difference who you are
Anything your heart desires
Will come to you

If your heart is in your dream
No request is too extreme
When you wish upon a star
As dreamers do

Unless ASX decides otherwise, the securities will remain suspended until the earlier of:
• the end of the period stated in SMS’s request for voluntary suspension; or
• the release of the announcement to the market.

 

[Garpal Gumnut]

When you wish upon a star
Makes no difference who you are
Anything your heart desires
Will come to you

If your heart is in your dream
No request is too extreme
When you wish upon a star
As dreamers do

Unless ASX decides otherwise, the securities will remain suspended until the earlier of:
• the end of the period stated in SMS’s request for voluntary suspension; or
• the release of the announcement to the market.

Brings back fond memories of stealing cigarettes and half drunk gin and tonics as an eight year old. At parties in our house as a kid listening to songs amongst the raucous laughter with the adults singing along to the record on a Pye . I would have been in the care of the Family Court were it to occur nowadays. Good times. Original version of song from Pinocchio.



gg

 

[Dona Ferentes]

$0.044 ... ASX query batted back

EXCEPTIONAL SHALLOW GOLD RESULTS FROM TUMBLEGUM SOUTH GOLD PROJECT DRILLING​

Highlights
• Gold assays received from shallow close-spaced infill drilling of the mineral resource at the Tumblegum South Gold Project
• Results from exploration and sterilisation drilling around the periphery of the deposit anticipated in the coming fortnight
• Best down hole results from infill drilling include:
o 5m @ 30.91 g/t Au from 21m in hole TGRC055 including 2m at 75.45 g/t Au from 21m
o 5m @ 10.85 g/t Au from 5m in hole TGRC046 including 2m at 25.65 g/t Au from 6m
o 7m @ 3.28 g/t Au from 28m in hole TGRC048 including 1m at 13.40 g/t Au from 29m
o 12m @ 2.64 g/t Au from 4m in hole TGRC049 including 2m at 11.23 g/t Au from 5m
o 4m @ 3.56 g/t Au from 0m in hole TGRC050 including 1m at 8.26 g/t Au from 1m
o 8m @ 6.96 g/t Au from 17m in hole TGRC050 including 2m at 20.05 g/t Au from 17m
o 4m @ 4.50 g/t Au from 9m in hole TGRC052 including 2m at 7.57 g/t Au from 9m
o 8m @ 3.30 g/t Au from 73m in hole TGRC060 including 1m at 12.70 g/t Au from 76m
• Shallow gold intercepts set to improve the near surface mineralisation interpretation

Star Minerals has received the first round of assay results from drilling at its Tumblegum South Gold Project. The drilling was undertaken to provide infill data to improve the accuracy of the mineral resource estimate and to explore for potential additional lodes identified during a structural architecture review of the resource.

Managing Director, Ashley Jones commented: “We are pleased to see the quality of these first results from the Tumblegum South Gold Project drilling program. With the standout intercept so far being 5m at around an ounce of gold per tonne, Tumblegum South is proving to be an even stronger Project, with a quality gold deposit. We are completing all the necessary steps to bring the project into production and look forward to receiving and reporting on the remainder of the drilling results.”

 

[frugal.rock]

Bryah holds 5.92% of gold focused Star Minerals (ASX:SMS). Star Minerals has a Mineral Resource at
Tumblegum South Gold Project and exploration prospects in the West Bryah Basin.

 

[farmerge]

Just having a squiz at the Comp Table and it would appear that @Garpal Gumnut has lost a bit of ground so far today, but still holding a comfortable lead over the opposition.
At the steering end of the table, it just might be a battle royale between four unwashed for the inglorious honour.

 

[DannyB0000]

Just having a squiz at the Comp Table and it would appear that @Garpal Gumnut has lost a bit of ground so far today, but still holding a comfortable lead over the opposition.
At the steering end of the table, it just might be a battle royale between four unwashed for the inglorious honour.

Profit taking with this stock today. I don’t think GG needs to worry about losing any ground. He will blow everyone away this month.

 

[farmerge]

Profit taking with this stock today. I don’t think GG needs to worry about losing any ground. He will blow everyone away this month.

The winner's cheque is almost in his keeping.

 

[Garpal Gumnut]

Just realise that Star was a dart pick, I don't have any money in it. Yes I'd like to win the comp but there are more deserving than I. Or maybe not.

I wish I had bought it lol !!

gg

 

[farmerge]

Just realise that Star was a dart pick, I don't have any money in it. Yes I'd like to win the comp but there are more deserving than I. Or maybe not.

I wish I had bought it lol !!

gg

Hmmmmmm Coulda, shoulda, didn't

 

[Garpal Gumnut]

Hmmmmmm Coulda, shoulda, didn't

It's a joke. It is all a joke.

gg

 

[farmerge]

It's a joke. It is all a joke.

gg

@Garpal Gumnut But if only the inner self had said buy, buy, buy

 

[frugal.rock]

buy, buy

Miss American Pie
Drove my Chevy to the levee but the levee was dry
And them good ole boys were drinking whiskey 'n rye
Singin' this'll be the day that I die
This'll be the day that I die

 

[farmerge]

Miss American Pie
Drove my Chevy to the levee but the levee was dry
And them good ole boys were drinking whiskey 'n rye
Singin' this'll be the day that I die
This'll be the day that I die

Not quite what I had in mind but very good.