jaydeep-biswas

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Jaydeep Biswas - Astra reveals corporate strategy for future growth

Jaydeep Biswas - International diversified resources company, Astra Resources Plc (FWB Code: 9AR), has revealed its corporate strategy for the company’s growth into the future.
 
The central planks of Astra’s business model are mining and related opportunities, and technology opportunities including the revolutionary T-Steel technology, both of which will enable the company to become a major player in the international resources sector.
 
Astra CEO Dr Jaydeep Biswas says the company’s mining focus includes direct involvement in the extraction of iron ore, gold and thermal and coking coal, as well as risk management strategies including secondary mining opportunities and mining services housing. The mining projects, which Astra is pursuing, are logistically close to market, are licensed or within 12 months of operation, require no major infrastructure infusion, and are in known resource areas and open-cut operations.
 
“We have established a number of primary mining opportunities for iron ore in India and iron ore sands in the Philippines, both which will provide benefits through supply to the market and for our own needs,” Dr Biswas says.
 
“The recent granting of trading licenses covering the main iron ore producing regions in India will allow Astra to trade and transport self-mined and third party mined iron ore to Paradip Port for export from our own storage and shipping site.
 
“We have also signed a memorandum of understanding for a world scale iron sands development in North East Philippines with the Cagayan River Construction & Development to establish a joint venture entity to manage and put to use the iron sands deposits in the Cagayan River Delta.”
 
Astra’s gold interests have recently been given a boost with a favourable report from the company’s well-respected geologist confirming that the Ratanakiri licence area in North East Cambodia has the potential to host a world class Intrusion Related Gold System that may be developed into a significant open cut low cost gold mine.   
 
Dr Biswas says Intrusion Related Gold Systems have only been recognised in the last 12 years and have been shown to host some of the largest recently discovered gold deposits, with many similar systems typically hosting between one and three million ounces of gold.
 
Astra’s Managing Director, Silvana De Cianni, says the company’s opportunities in coal in Nigeria are some of the most exciting with the opportunity to secure the joint venture development for a thermal coal exploration license.
 
“Nigeria is struggling to meet the growing nation’s energy requirements using electrical power, resulting in a renewed focus on alternative energy sources,” Ms De Cianni says.
 
“As Nigeria has major underexplored and underexploited high quality coal resources, the Nigerian government is focusing on developing coal-fired power plants and in turn revitalizing the coal mining industry.
 
“The coal present in the district and surrounds of our license area is low in sulphur and ash, and high in calorific value making it ideal for power generation and export into the international market.
 
“This project creates a beach-head for growth in a region which has the potential of 800 million tonnes of thermal coal.”
 
Astra has developed a risk management strategy to underpin its primary mining activities with the provision of mining services housing, with an agreement in place with Dubai based facility management company, Janayen, which will include the development of Astra’s  land holdings in Rockhampton, Queensland.
 
Technology, spearheaded by the revolutionary T-Steel, forms the second major part of Astra’s corporate strategy.
 
T- Steel is a technology that enables existing steel factories to produce steel with improved physical characteristics such as higher tensile strength, better machine ability and higher fatigue limits at a lower cost.
 
Dr Biswas says the development of T-Steel dates back to the late 1970’s where the applications were entrusted to a number of senior metallurgists and engineers in the then DAM Steel Works in Hungary.
 
“During initial development, which was carried out on a ‘no cost spared’ basis, the general directive was that the quality of the steel had to be equal to or better than what was manufactured in the United States and Germany,” Dr Biswas says.
 
“Astra owns a substantial interest in the Intellectual Property pertaining to this technology, has retained full management and control of the technology and retains a number of the experts involved in the original research and development.”
 
Astra recently increased its shareholding in the technology by 15 per cent, resulting in 45 per cent ownership. The valuation model estimates the global commercialisation of T-Steel technology has an NPV of €4.47 billion, assuming that the risk level of the project is in line with the industry average.
 
A number of secondary opportunities under Astra’s technology platform are carbon efficiencies, green technologies and coal conversion.
 
Astra is acquiring 76 per cent of Carbony Pty Ltd, the technology company that owns the intellectual property for a carbon dioxide (CO2) reduction technology that separates the CO2 and sulphur dioxide emissions produced by the combustion of carbon-containing matter.

The main targeted market for the CO2 reduction technology is the heavy industries where the carbon credits and carbon trading arrangements over the next ten years may force a major crisis in terms of taxes and operating and consumer costs.
 
Astra’s green technology project is Green Gum Technologies, a patented process that is able to produce fine rubber granules of 200 and 300 microns and superfine granules of 180 microns to 150 microns with a small carbon footprint and the ability to provide carbon credits.
 
The need for rubber granules in road building and road maintenance alone is expected to be in excess of 35,000 tons per year over the next five years with considerable use of the product throughout Europe.
 
Ms De Cianni says while both the CO2 reduction and green technologies are well advanced as part of Astra’s corporate strategy, the inclusion of coal conversion to the technology table was something the company was aggressively pursuing.
 
“The purpose of our coal conversion strategy is to develop the technology to allow the use of local low quality coal reserves for power generation in high demand countries,” Ms De Cianni says.
 
“Because of their quality these identified coal reserves cannot be used directly for power generation or use as coking coal.
 
“The technology will however help to develop these reserves to reduce the reliance and costs for high demand countries to import increasing amounts of coal from other producers.”
 
Dr Biswas says Astra’s corporate strategy focusing on intertwined mining and technology opportunities will ensure its growth well into the future.
 
Astra Resources global portfolio includes gold interests in Southeast Asia, coal mines in Africa, iron ore in India and the Philippines, the production of the high-strength T-Steel technology in Hungary, and the provision of mining services housing in Rockhampton, Queensland

For further information please go to jaydeep biswas

The progress of bauxite mining industry in Ghana

Ghanaian country has blessed with great bauxite deposits. Actually, bauxite ores are the raw material of alumina, and aluminum is widely used Jaydeep Biswas in different applications of humankind routine life. Mineral mining sector is the treasure of all the countries throughout the world. And major part of every country’s economy is based on natural wealth. Aluminum products has been using in various materials, and stuffs such as kitchen utensils, car engines, electrical wirings, etc. The mined products are now become the most important part of our everyday life, as a standard living style is impossible without the use of mineral ores products. Ghana is the largest producer of bauxite. Ghana is being the third major producer of bauxite ores in West Africa. Mineral mining is one of the most famous, and profitable sector and in Ghana, and that is why, bauxite mining industry develops rapidly in this society. The revolution of new tools, mining procedures, and advance equipments plays vital role in increasing economic and other developments in Ghana.

Bauxite mining industry in Ghana is popular across the world because of its good and high quality products. Several mining companies purchased bauxite products from Ghana bauxite mining companies. With the help of convenient and easiest mining methods, the companies working in the country extract a wide range of bauxite to meet the needs, and requirements of different people and mining industries. 

The employers of mining companies apply extracting and mining processes of raw materials from the mineral ores, in the sites of open pit. Many heavy machinery and latest mechanization is used in the crushing of extracted minerals ores such as jaw crusher. The bauxite ores are crushed Jaydeep Biswas on the basis of primary and secondary crushing steps through vibrating feeder. When the primary crushing stage completes, the materials are further sent into the cone-crusher and impact crusher to complete the secondary stage procedure. In the secondary crushing section, the bauxite material is crushed into fineness particles. After getting fine materials, they are screened out in order to separate waste particles. Afterward, the workers use grinding machinery to grind all the material. Then, all the bauxite materials are washed through washing mechanization, in order to shape quality, and valuable bauxite products.  

Through the applications of technologies and modern mining methods, the bauxite mining industry, get the good quality bauxite ores. The mineral mining companies in Ghana are professional and renowned and they have all the latest tools and equipments. The utilization of these tools and technologies can enhance the production growth and activity of several other mining companies. The operating mining organizations in the homeland of Ghana have all the specialized and high quality products and much other stuff for sale.  These companies can also provide modern bauxite machinery in order to counter worldwide customer’s needs. All of the above mentioned Jaydeep Biswas machinery is largely helpful in crushing bauxite materials. No doubt, the utilization of modern and advance technology equipments increases the developments, and economic growth of Ghana.   

jaydeepbiswas.com.au
Jaydeep biswas - Astra Executive Oversees Progress of Philippines Iron Sands Project

Astra Resources - International diversified resource company Astra Resources (FWB Code: 9AR) recently sent the company’s newly appointed Chief Operations Officer (COO), Breff Gorman, to perform a review of its iron sands project in Cagayan, Philippines, following progress that has been made with the lodgement of permits and licences.

Over the past few months Astra’s Joint Venture entity, Cagayan River Astra Philippines Inc., has lodged all the required paperwork to establish Phase 1 of its dredging operations, which covers 12 kilometres of river and ocean mining, an operation that is expected to return 135 million tonnes of iron sands (see newsletter dated 16th July 2012).

Astra COO Breff Gorman says all the required documentation has now been lodged with the authorities and Astra is waiting to receive their final notice to proceed from the Governor.

“This is the final permit required to start on site operations for the Cagayan river project,” Mr Gorman says.

“One must remember that this project is not only going to be a profitable venture for Astra and its shareholders but it is also providing a community service by clearing the mouth of the Cagayan river which has yearly flooding due to the shallow waters leading out to the ocean.

“These yearly floods cause massive property damage and loss of life.”

Astra will begin the process of securing additional mining areas to add to the project, with the Company exploring suitable MPSA sites located off the coast.

In a report on the mining prospects of the Cagayan River and surrounding area, compiled by R.C. OBIAL & Associates (January 2012), it was noted that the two main datasets of two major offshore exploration programs were intrinsically assessed for magnetite grades and resource tonnages applicable for off-shore mining.

The subsequent “Peniel Exploration Program” covered, in large part, the area east of the Cagayan River. The western boundary of the exploration area is approximately 2.3 kilometres from the Cagayan River dredging area secured by Astra.

The exploration was undertaken as a probing expedition and widely spaced marine samples were collected. From the sample holes collected at 1 metre depth of seabed sediments, the average content of the percentage wt magnetic fraction averaged 46.2 per cent. For deeper samples, 3 and 5.5 metre depth of seabed sediments, an average of 49 per cent magnetic fraction was reported.

The deeper samples (3 and 5.5 metres) were slightly higher, by about 3 to 4 per cent. From select samples of magnetite concentrates undertaken by eight mineral laboratories, the iron (Fe) content of the magnetite ranged from 53.6 per cent to 67.45 per cent.

A total of 562 sites were drilled and sampled at regular close spacing intended to outline magnetite resources in the four areas, with the results outlined below. This is after magnetic separation.

Resource Estimates of Magnetite Concentrates of the 4 MPSA Areas by MGB in million tons

Mr Gorman says the potential of this project is astounding, with the combination of high percentages of magnetite and a number of buyers such as Kunming Gongxin Trading Ltd lining up to purchase the iron sands from the site.

“This will be a high yield and high return venture for Astra. Not only is the natural resource in abundance but there are also ample export facilities in the form of Port Irene, which is currently shipping iron sands to Asia for existing mining companies, operating in the area.”

Once the Notice to proceed has been received Astra will be funding the establishment and operation of the Cagayan mining opportunity through a bond that is close at hand, and the Company expects to have the site ready for exporting iron sands in the first half of 2013.

Astra Resources’ global portfolio includes gold interests in Southeast Asia, coal mine in Africa, iron ore in India and the Philippines, carbon efficient and commodity businesses, the production of the high-strength T-Steel technology in Hungary, clean coal technology, and a large Agricultural focus on creating Australia as the food bowl for the Asian Region.

For further information please go to Astra Resources

jaydeep-biswas.com.au
Jaydeep biswas - Astra Executive Oversees Progress of Philippines Iron Sands Project

Jaydeep biswas - International diversified resource company Astra Resources (FWB Code: 9AR) recently sent the company’s newly appointed Chief Operations Officer (COO), Breff Gorman, to perform a review of its iron sands project in Cagayan, Philippines, following progress that has been made with the lodgement of permits and licences.

Over the past few months Astra’s Joint Venture entity, Cagayan River Astra Philippines Inc., has lodged all the required paperwork to establish Phase 1 of its dredging operations, which covers 12 kilometres of river and ocean mining, an operation that is expected to return 135 million tonnes of iron sands (see newsletter dated 16th July 2012).

Astra COO Breff Gorman says all the required documentation has now been lodged with the authorities and Astra is waiting to receive their final notice to proceed from the Governor.

“This is the final permit required to start on site operations for the Cagayan river project,” Mr Gorman says.

Jaydeep biswas - “One must remember that this project is not only going to be a profitable venture for Astra and its shareholders but it is also providing a community service by clearing the mouth of the Cagayan river which has yearly flooding due to the shallow waters leading out to the ocean.

“These yearly floods cause massive property damage and loss of life.”

Astra will begin the process of securing additional mining areas to add to the project, with the Company exploring suitable MPSA sites located off the coast.

In a report on the mining prospects of the Cagayan River and surrounding area, compiled by R.C. OBIAL & Associates (January 2012), it was noted that the two main datasets of two major offshore exploration programs were intrinsically assessed for magnetite grades and resource tonnages applicable for off-shore mining.

Jaydeep biswas - The subsequent “Peniel Exploration Program” covered, in large part, the area east of the Cagayan River. The western boundary of the exploration area is approximately 2.3 kilometres from the Cagayan River dredging area secured by Astra.

The exploration was undertaken as a probing expedition and widely spaced marine samples were collected. From the sample holes collected at 1 metre depth of seabed sediments, the average content of the percentage wt magnetic fraction averaged 46.2 per cent. For deeper samples, 3 and 5.5 metre depth of seabed sediments, an average of 49 per cent magnetic fraction was reported.

The deeper samples (3 and 5.5 metres) were slightly higher, by about 3 to 4 per cent. From select samples of magnetite concentrates undertaken by eight mineral laboratories, the iron (Fe) content of the magnetite ranged from 53.6 per cent to 67.45 per cent.

A total of 562 sites were drilled and sampled at regular close spacing intended to outline magnetite resources in the four areas, with the results outlined below. This is after magnetic separation.

Resource Estimates of Magnetite Concentrates of the 4 MPSA Areas by MGB in million tons

Mr Gorman says the potential of this project is astounding, with the combination of high percentages of magnetite and a number of buyers such as Kunming Gongxin Trading Ltd lining up to purchase the iron sands from the site.

“This will be a high yield and high return venture for Astra. Not only is the natural resource in abundance but there are also ample export facilities in the form of Port Irene, which is currently shipping iron sands to Asia for existing mining companies, operating in the area.”

Once the Notice to proceed has been received Astra will be funding the establishment and operation of the Cagayan mining opportunity through a bond that is close at hand, and the Company expects to have the site ready for exporting iron sands in the first half of 2013.

Astra Resources’ global portfolio includes gold interests in Southeast Asia, coal mine in Africa, iron ore in India and the Philippines, carbon efficient and commodity businesses, the production of the high-strength T-Steel technology in Hungary, clean coal technology, and a large Agricultural focus on creating Australia as the food bowl for the Asian Region.

For further information please go to jaydeep biswas

jaydeepbiswas.com.au
jaydeep biswas - Astra Appoints Accounting Firm To Review Subsidiary Companies Ahead Of IPO

Astra Resources - Global diversified useful resource organization Astra Methods (FWB Code: 9AR) has engaged by means of its company advisors the providers of the accounting firm Punongbayan & Araullo (a member company of Grant Thornton Intercontinental) to undertake an independent skilled overview and inspection of the economic info offered by companies and companies that Astra proposes to acquire or has acquired. 

The selection of the provider as a member company of an global skilled services organisation is in line with the needs of the proposed worldwide underwriters that will be involved in the planned IPO of Astra Sources Plc. 

Astra CEO Jaydeep biswas claims the review of the organizations, such as their enterprise ideas and monetary projections for the following twenty five many years, is essential to finalise the problem of a prospectus and its pricing.

“We have earlier introduced our intention to record on the Primary Normal of Deutche Bourse in the close to future as effectively as other intercontinental exchanges,” Jaydeep biswas says.

“The qualified overview of our subsidiary organizations is an additional phase in completing the needed due diligence in the listing method and brings us one particular action closer to attaining this aim.

“Once listed, we will have the funds to comprehensive current acquisitions and carry on to find out other folks that suit in our disruptive technologies technique.”

In line with Astra’s focus on a disruptive innovation method, the firms and firms it proposes to or has already obtained are all inefficient industries with high expense constructions and monopolists. 

Astra strategies to buy into or purchase out entities that offer the floor-breaking technologies that will meet the calls for of conclude-users, including amid other individuals those relevant to the creation of steel, option resources of power, and reuse of recyclable supplies. 

This technique also actively seeks feasible coal, iron ore, gold and copper mining property for acquisition that will give the raw components necessary by the previous. By way of its mining functions, Astra is in a position to develop its own internal market, therefore insulating the company from fluctuating commodity rates, and minimizing its enterprise risk by hedging its functions. 

As a ultimate element of its strategy, and to enhance its technologies and mining routines, Astra has also delved into residence advancement, commodities buying and selling and agriculture organizations.

Astra Managing Director Silvana De Cianni states that Punongbayan & Araullo, as commissioned, is expected perform a review and inspection of the financial facts supplied by firms and firms that Astra proposes to obtain or has acquired. 

“In certain, the business will evaluate the relevance of the projection time period to the nature of the task company’s procedure and for the consolidation process,” Ms De Cianni states.

“They will also figure out the mathematical accuracy and reasonable integrity of the economic product by compiling a separate model making use of the first assumptions, evaluating the benefits of the two and concentrating the evaluation on the distinctions between the two designs. 

“This consists of evaluating the contents of the organization strategy with the assumptions employed in the monetary product and examining the foundation for the assumptions, if any. Lastly they will evaluate the completeness of revenues, bills, belongings and other equilibrium sheet information as computed by evaluating them with what related establishments are predicted to include as comparators are accessible.”

The info as supplied has been utilised in generating the first valuation operates of the company procedure of each firm for acquisition or presently acquired. Towards this end, about three valuation methodologies will be utilised, every time practicable, to establish their applicability to every single entity. These consist of the net asset worth*, discounted cash movement and industry valuation methodologies. 

These methodologies conform to the International Valuation Requirements (IVS), the latest revision of which was launched by the Global Valuation Specifications Council in 2011 and grew to become productive this January 2012. The related standard for the work being carried out is that of IVS two hundred on the “Valuation of Organizations and Business Interests”.

Astra Resources’ worldwide portfolio consists of gold interests in Southeast Asia, coal mine in Africa, iron ore in India and the Philippines, carbon productive and commodity businesses, the generation of the large-energy T-Steel technological innovation in Hungary, clean coal technological innovation, and a large Agricultural concentrate on making Australia as the meals bowl for the Asian Location.

* Internet Asset Value

The Net Asset Value (NAV), a harmony sheet-primarily based valuation approach, has been established to be the least appropriate measurement of the value of the project entity at this position for a lot of of the firms blanketed by the overview inasmuch as the businesses are only about to start their respective operations. What ever expansion every venture company will knowledge will rely on their planned capital expense. An choice way to viewing the information will be created by using the common NAV of the Firm in its first five a long time of complete operation. This will be in comparison with the improvement strategies of the organization itself and will be more in comparison with the historic encounter of related companies as accessible.

The Discounted Income Stream (DCF) method, on the other hand, is a funds circulation assertion-primarily based methodology. This employs the projected cash flows generated by the project company, to which the terminal worth at the finish of the projection interval is additional. The initial DCF values will be computed on the foundation of the fiscal info supplied by every single project organization, employing 3 lower price costs. The initial two discount charges refer to the common expense of cash (WACC) as described in the company program and in the fiscal design. The final lower price rate has been derived from prevailing enterprise danger prices associated to the business. Dependent on the model reviewed, the figures obtained from this strategy could change out to be also substantial due to the fact the projected revenues and bills of the companies nevertheless need to have to be further examined.

The cost-earnings (P/E) method, a marketplace and earnings statement-dependent strategy, will also be employed for valuation.  Beneath this technique, equivalent outlined firms, if there are any, will be identified for comparators. The P/E ratios will be applied on the average earnings for the very first five (5) many years of projected stabilized operations. To account for the relative “newness” of every entity and the reality that it is nevertheless unlisted, a liquidity low cost of twenty five% has been applied on the computed values, as advised in Christopher Glover’s “Valuation of Unquoted Companies”.

For further information please go to Astra Resources

jaydeep-biswas.com.au
Jaydeep biswas - Astra Appoints Accounting Firm To Review Subsidiary Companies Ahead Of IPO

Jaydeep biswas - Worldwide diversified source firm Astra Resources (FWB Code: 9AR) has engaged by way of its business advisors the solutions of the accounting agency Punongbayan & Araullo (a member business of Grant Thornton Global) to undertake an unbiased skilled review and inspection of the economic info provided by firms and businesses that Astra proposes to purchase or has acquired. 

The decision of the provider as a member agency of an intercontinental expert services organisation is in line with the requirements of the proposed global underwriters that will be concerned in the planned IPO of Astra Sources Plc. 

Astra CEO Jaydeep biswas claims the review of the businesses, such as their organization programs and financial projections for the following 25 years, is necessary to finalise the problem of a prospectus and its pricing.

“We have previously introduced our intention to checklist on the Prime Regular of Deutche Bourse in the close to potential as properly as other global exchanges,” Jaydeep biswas states.

“The skilled overview of our subsidiary companies is yet another phase in finishing the necessary due diligence in the listing procedure and brings us one stage nearer to achieving this goal.

“Once listed, we will have the funds to comprehensive present acquisitions and continue to seek out other people that in shape in our disruptive technologies approach.”

In line with Astra’s focus on a disruptive innovation technique, the organizations and organizations it proposes to or has already acquired are all inefficient industries with higher value buildings and monopolists. 

Astra programs to get into or buy out entities that offer the ground-breaking technologies that will fulfill the needs of end-consumers, such as amid other folks these relevant to the production of metal, substitute resources of vitality, and reuse of recyclable components. 

This strategy also actively seeks viable coal, iron ore, gold and copper mining property for acquisition that will supply the uncooked components necessary by the previous. By way of its mining functions, Astra is able to create its personal interior marketplace, thus insulating the organization against fluctuating commodity costs, and minimizing its business danger by hedging its operations. 

As a last part of its approach, and to complement its technology and mining pursuits, Astra has also delved into house growth, commodities trading and agriculture organizations.

Astra Controlling Director Silvana De Cianni says that Punongbayan & Araullo, as commissioned, is predicted perform a evaluation and inspection of the monetary data supplied by businesses and businesses that Astra proposes to purchase or has obtained. 

“In specific, the company will evaluate the relevance of the projection time period to the character of the undertaking company’s procedure and for the consolidation procedure,” Ms De Cianni claims.

“They will also establish the mathematical precision and rational integrity of the monetary model by compiling a individual product employing the authentic assumptions, comparing the results of the two and concentrating the evaluation on the differences in between the two types. 

“This incorporates evaluating the contents of the enterprise plan with the assumptions used in the fiscal product and assessing the foundation for the assumptions, if any. Finally they will assess the completeness of revenues, expenses, property and other stability sheet information as computed by evaluating them with what similar institutions are predicted to contain as comparators are obtainable.”

The facts as supplied has been used in generating the initial valuation operates of the corporate operation of every single organization for acquisition or already acquired. Toward this stop, 3 valuation methodologies will be employed, anytime practicable, to determine their applicability to each entity. These include the internet asset benefit*, discounted income flow and market valuation methodologies. 

These methodologies conform to the Intercontinental Valuation Standards (IVS), the most recent revision of which was released by the Worldwide Valuation Expectations Council in 2011 and became successful this January 2012. The relevant normal for the function being executed is that of IVS two hundred on the “Valuation of Companies and Organization Interests”.

Astra Resources’ worldwide portfolio includes gold passions in Southeast Asia, coal mine in Africa, iron ore in India and the Philippines, carbon efficient and commodity companies, the creation of the high-energy T-Steel engineering in Hungary, thoroughly clean coal engineering, and a large Agricultural target on making Australia as the foodstuff bowl for the Asian Area.

* Net Asset Benefit

The Internet Asset Value (NAV), a balance sheet-primarily based valuation strategy, has been determined to be the minimum acceptable measurement of the price of the venture entity at this position for numerous of the companies blanketed by the overview inasmuch as the companies are only about to start their respective functions. Regardless of what growth each and every venture firm will knowledge will rely on their planned cash investment decision. An choice way to viewing the facts will be produced by getting the typical NAV of the Firm in its first 5 many years of entire procedure. This will be in comparison with the development plans of the firm itself and will be additional in comparison with the historic knowledge of similar organizations as accessible.

The Discounted Cash Circulation (DCF) method, on the other hand, is a cash circulation statement-dependent methodology. This utilizes the projected cash flows generated by the project firm, to which the terminal worth at the conclude of the projection interval is additional. The first DCF values will be computed on the foundation of the economic info presented by every single project company, utilizing three discount rates. The 1st two lower price prices refer to the average price of cash (WACC) as described in the company plan and in the financial design. The previous lower price charge has been derived from prevailing enterprise threat prices associated to the firm. Primarily based on the design reviewed, the figures obtained from this technique could change out to be way too high since the projected revenues and costs of the businesses still need to be further examined.

The cost-earnings (P/E) method, a industry and revenue assertion-dependent method, will also be used for valuation.  Underneath this method, comparable outlined businesses, if there are any, will be determined for comparators. The P/E ratios will be applied on the common earnings for the initial five (five) several years of projected stabilized operations. To account for the relative “newness” of every single entity and the truth that it is nevertheless unlisted, a liquidity low cost of 25% has been utilized on the computed values, as encouraged in Christopher Glover’s “Valuation of Unquoted Companies”.

For further information please go to jaydeep biswas

jaydeepbiswas.com.au
jaydeep biswas - Astra Appoints Accounting Firm To Review Subsidiary Companies Ahead Of IPO

Astra Resources - International diversified resource company Astra Resources (FWB Code: 9AR) has engaged through its business advisors the services of the accounting firm Punongbayan & Araullo (a member firm of Grant Thornton International) to undertake an independent professional review and inspection of the financial data provided by companies and businesses that Astra proposes to acquire or has acquired. 

The choice of the provider as a member firm of an international professional services organisation is in line with the requirements of the proposed international underwriters that will be involved in the planned IPO of Astra Resources Plc. 

Astra CEO Jaydeep biswas says the review of the businesses, including their business plans and financial projections for the next 25 years, is necessary to finalise the issue of a prospectus and its pricing.

“We have previously announced our intention to list on the Prime Standard of Deutche Bourse in the near future as well as other international exchanges,” Jaydeep biswas says.

“The professional review of our subsidiary businesses is another step in completing the required due diligence in the listing process and brings us one step closer to achieving this goal.

“Once listed, we will have the capital to complete current acquisitions and continue to seek out others that fit within our disruptive technologies strategy.”

In line with Astra’s focus on a disruptive innovation strategy, the companies and businesses it proposes to or has already acquired are all inefficient industries with high cost structures and monopolists. 

Astra plans to buy into or buy out entities that provide the ground-breaking technologies that will meet the demands of end-users, including among others those related to the production of steel, alternative sources of energy, and reuse of recyclable materials. 

This strategy also actively seeks viable coal, iron ore, gold and copper mining assets for acquisition that will provide the raw materials required by the former. Through its mining operations, Astra is able to create its own internal market, thereby insulating the company against fluctuating commodity prices, and reducing its business risk by hedging its operations. 

As a final component of its strategy, and to complement its technology and mining activities, Astra has also delved into property development, commodities trading and agriculture businesses.

Astra Managing Director Silvana De Cianni says that Punongbayan & Araullo, as commissioned, is expected perform a review and inspection of the financial data provided by companies and businesses that Astra proposes to acquire or has acquired. 

“In particular, the firm will assess the relevance of the projection period to the nature of the project company’s operation and for the consolidation process,” Ms De Cianni says.

“They will also determine the mathematical accuracy and logical integrity of the financial model by compiling a separate model using the original assumptions, comparing the results of the two and focusing the examination on the differences between the two models. 

“This includes comparing the contents of the business plan with the assumptions used in the financial model and assessing the basis for the assumptions, if any. Finally they will assess the completeness of revenues, expenses, assets and other balance sheet data as computed by comparing them with what similar establishments are expected to contain as comparators are available.”

The data as provided has been used in making the initial valuation runs of the corporate operation of each company for acquisition or already acquired. Towards this end, three valuation methodologies will be used, whenever practicable, to determine their applicability to each entity. These include the net asset value*, discounted cash flow and market valuation methodologies. 

These methodologies conform to the International Valuation Standards (IVS), the latest revision of which was released by the International Valuation Standards Council in 2011 and became effective this January 2012. The relevant standard for the work being conducted is that of IVS 200 on the “Valuation of Businesses and Business Interests”.

Astra Resources’ global portfolio includes gold interests in Southeast Asia, coal mine in Africa, iron ore in India and the Philippines, carbon efficient and commodity businesses, the production of the high-strength T-Steel technology in Hungary, clean coal technology, and a large Agricultural focus on creating Australia as the food bowl for the Asian Region.

* Net Asset Value

The Net Asset Value (NAV), a balance sheet-based valuation method, has been determined to be the least appropriate measurement of the value of the project entity at this point for many of the companies covered by the review inasmuch as the companies are only about to start their respective operations. Whatever growth each project company will experience will depend on their planned capital investment. An alternative way to viewing the data will be made by taking the average NAV of the Company in its first 5 years of full operation. This will be compared with the development plans of the company itself and will be further compared with the historical experience of similar companies as available.

The Discounted Cash Flow (DCF) method, on the other hand, is a cash flow statement-based methodology. This uses the projected cash flows generated by the project company, to which the terminal value at the end of the projection period is added. The initial DCF values will be computed on the basis of the financial data provided by each project company, using three discount rates. The first two discount rates refer to the average cost of capital (WACC) as described in the business plan and in the financial model. The last discount rate has been derived from prevailing enterprise risk rates related to the company. Based on the model reviewed, the figures obtained from this method may turn out to be too high because the projected revenues and expenses of the companies still need to be further examined.

The price-earnings (P/E) approach, a market and income statement-based method, will also be used for valuation.  Under this method, comparable listed companies, if there are any, will be identified for comparators. The P/E ratios will be applied on the average earnings for the first five (5) years of projected stabilized operations. To account for the relative “newness” of each entity and the fact that it is still unlisted, a liquidity discount of 25% has been applied on the computed values, as recommended in Christopher Glover’s “Valuation of Unquoted Companies”.

For further information please go to Astra Resources

jaydeep-biswas.com.au
Jaydeep biswas - Astra Appoints Accounting Firm To Review Subsidiary Companies Ahead Of IPO

Jaydeep biswas - International diversified resource company Astra Resources (FWB Code: 9AR) has engaged through its business advisors the services of the accounting firm Punongbayan & Araullo (a member firm of Grant Thornton International) to undertake an independent professional review and inspection of the financial data provided by companies and businesses that Astra proposes to acquire or has acquired. 

The choice of the provider as a member firm of an international professional services organisation is in line with the requirements of the proposed international underwriters that will be involved in the planned IPO of Astra Resources Plc. 

Astra CEO Jaydeep biswas says the review of the businesses, including their business plans and financial projections for the next 25 years, is necessary to finalise the issue of a prospectus and its pricing.

“We have previously announced our intention to list on the Prime Standard of Deutche Bourse in the near future as well as other international exchanges,” Jaydeep biswas says.

“The professional review of our subsidiary businesses is another step in completing the required due diligence in the listing process and brings us one step closer to achieving this goal.

“Once listed, we will have the capital to complete current acquisitions and continue to seek out others that fit within our disruptive technologies strategy.”

In line with Astra’s focus on a disruptive innovation strategy, the companies and businesses it proposes to or has already acquired are all inefficient industries with high cost structures and monopolists. 

Astra plans to buy into or buy out entities that provide the ground-breaking technologies that will meet the demands of end-users, including among others those related to the production of steel, alternative sources of energy, and reuse of recyclable materials. 

This strategy also actively seeks viable coal, iron ore, gold and copper mining assets for acquisition that will provide the raw materials required by the former. Through its mining operations, Astra is able to create its own internal market, thereby insulating the company against fluctuating commodity prices, and reducing its business risk by hedging its operations. 

As a final component of its strategy, and to complement its technology and mining activities, Astra has also delved into property development, commodities trading and agriculture businesses.

Astra Managing Director Silvana De Cianni says that Punongbayan & Araullo, as commissioned, is expected perform a review and inspection of the financial data provided by companies and businesses that Astra proposes to acquire or has acquired. 

“In particular, the firm will assess the relevance of the projection period to the nature of the project company’s operation and for the consolidation process,” Ms De Cianni says.

“They will also determine the mathematical accuracy and logical integrity of the financial model by compiling a separate model using the original assumptions, comparing the results of the two and focusing the examination on the differences between the two models. 

“This includes comparing the contents of the business plan with the assumptions used in the financial model and assessing the basis for the assumptions, if any. Finally they will assess the completeness of revenues, expenses, assets and other balance sheet data as computed by comparing them with what similar establishments are expected to contain as comparators are available.”

The data as provided has been used in making the initial valuation runs of the corporate operation of each company for acquisition or already acquired. Towards this end, three valuation methodologies will be used, whenever practicable, to determine their applicability to each entity. These include the net asset value*, discounted cash flow and market valuation methodologies. 

These methodologies conform to the International Valuation Standards (IVS), the latest revision of which was released by the International Valuation Standards Council in 2011 and became effective this January 2012. The relevant standard for the work being conducted is that of IVS 200 on the “Valuation of Businesses and Business Interests”.

Astra Resources’ global portfolio includes gold interests in Southeast Asia, coal mine in Africa, iron ore in India and the Philippines, carbon efficient and commodity businesses, the production of the high-strength T-Steel technology in Hungary, clean coal technology, and a large Agricultural focus on creating Australia as the food bowl for the Asian Region.

* Net Asset Value

The Net Asset Value (NAV), a balance sheet-based valuation method, has been determined to be the least appropriate measurement of the value of the project entity at this point for many of the companies covered by the review inasmuch as the companies are only about to start their respective operations. Whatever growth each project company will experience will depend on their planned capital investment. An alternative way to viewing the data will be made by taking the average NAV of the Company in its first 5 years of full operation. This will be compared with the development plans of the company itself and will be further compared with the historical experience of similar companies as available.

The Discounted Cash Flow (DCF) method, on the other hand, is a cash flow statement-based methodology. This uses the projected cash flows generated by the project company, to which the terminal value at the end of the projection period is added. The initial DCF values will be computed on the basis of the financial data provided by each project company, using three discount rates. The first two discount rates refer to the average cost of capital (WACC) as described in the business plan and in the financial model. The last discount rate has been derived from prevailing enterprise risk rates related to the company. Based on the model reviewed, the figures obtained from this method may turn out to be too high because the projected revenues and expenses of the companies still need to be further examined.

The price-earnings (P/E) approach, a market and income statement-based method, will also be used for valuation.  Under this method, comparable listed companies, if there are any, will be identified for comparators. The P/E ratios will be applied on the average earnings for the first five (5) years of projected stabilized operations. To account for the relative “newness” of each entity and the fact that it is still unlisted, a liquidity discount of 25% has been applied on the computed values, as recommended in Christopher Glover’s “Valuation of Unquoted Companies”.

For further information please go to jaydeep biswas

jaydeepbiswas.com.au
Jaydeep biswas - Astra Terminates Joma Ore Tailings Project Acquisition

Astra Resources - International diversified resource company Astra Resources (FWB Code: 9AR), has terminated its discussions relating to the possible acquisition of the Joma Ore Tailings project in Norway.

Astra CEO Jaydeep biswas says an agreement was entered into on 15 February 2012 that was specifically subject to a number of conditions that have not been satisfied.

“The board carefully considered the project and commissioned a technical and scientific report,” Jaydeep biswas says.

“Further discussions took place with a view to a possible modification of the terms but based upon the results of the study the Board has determined that it would not be in the interest of the company or its shareholders to proceed with this project.

“The agreement has therefore been terminated and the company has been advised that there is no legal exposure of any kind as a result of this termination.”

Astra Resources’ global portfolio includes gold interests in Southeast Asia, coal mine in Africa, iron ore in India and the Philippines, carbon efficient and commodity businesses, the production of the high-strength T-Steel technology in Hungary, clean coal technology, and a large Agricultural focus on creating Australia as the food bowl for the Asian Region.

For further information please go to Astra Resources

jaydeep-biswas.com.au
Jaydeep biswas - Astra Terminates Joma Ore Tailings Project Acquisition

Jaydeep biswas - International diversified resource company Astra Resources (FWB Code: 9AR), has terminated its discussions relating to the possible acquisition of the Joma Ore Tailings project in Norway.

Astra CEO Jaydeep biswas says an agreement was entered into on 15 February 2012 that was specifically subject to a number of conditions that have not been satisfied.

“The board carefully considered the project and commissioned a technical and scientific report,” Jaydeep biswas says.

“Further discussions took place with a view to a possible modification of the terms but based upon the results of the study the Board has determined that it would not be in the interest of the company or its shareholders to proceed with this project.

“The agreement has therefore been terminated and the company has been advised that there is no legal exposure of any kind as a result of this termination.”

Astra Resources’ global portfolio includes gold interests in Southeast Asia, coal mine in Africa, iron ore in India and the Philippines, carbon efficient and commodity businesses, the production of the high-strength T-Steel technology in Hungary, clean coal technology, and a large Agricultural focus on creating Australia as the food bowl for the Asian Region.

For further information please go to jaydeep biswas

jaydeepbiswas.com.au
Jaydeep biswas - Astra Resources EGM Passes All 17 Resolutions

Astra Resources - International diversified resource company Astra Resources (FWB Code: 9AR) has had all 17 proposed resolutions overwhelmingly passed by shareholders at its extraordinary general meeting held on 26th Septemer 2012.

The key resolutions passed allow Astra to continue with its plans to apply for and/or maintain a listing on up to three major global stock exchanges, including an upgrade to the Prime Standard of the Frankfurt Stock Exchange (Deutsche Boerse) via issue of a prospectus. 

Nearly 200 shareholders attended the EGM from Australia, Asia and the Middle East.

Astra CEO Dr Jaydeep Biswas says the results of the EGM were evidence of the confidence and trust shareholders had in the directors and their plans to create a world leading technology-led resources company. 

“The EGM validated once again the strategy we have created that focuses on disruptive innovation, a first for the industry, and which could pave the way for how similar companies operate in the future,” Dr Biswas says.

“Since its formation Astra has focused its attention on building Intellectual Property and technology assets rather than concentrating on a single mining project that could see us end up as a microcap.

“While there has been some disquiet to this approach from some observers, the consensus is we are heading in the right direction and now have a mandate from the shareholders to continue down this path.”

Other resolutions passed included the issue of a prospectus by the company, the reappointment of all directors and the re-confirmation of KMPG as auditors.

A number of resolutions relating to the sale of Astra shares by existing shareholders were also approved.

These included the removal of escrow on all shares for off-market sales on a private treaty basis at the full discretion of the Board and advice from its legal advisors, and the extension of the escrow period for all on-market sales/transfers until the release of the prospectus, in concert with a minority shareholder/advisor led committee focusing on protecting and maintaining shareholder value.

Astra Managing Director Silvana De Cianni says the resolutions relating to the sale of shares were proposed to protect existing shareholder value.

“We are very proud of what we have achieved for shareholders to date and want to ensure the company’s value continues to grow for them well into the future,” Ms De Cianni says.

Astra Resources’ global portfolio includes gold interests in Southeast Asia, coal mine in Africa, iron ore in India and the Philippines, carbon efficient and commodity businesses, the production of the high-strength T-Steel technology in Hungary, clean coal technology, and a large Agricultural focus on creating Australia as the food bowl for the Asian Region.

For further information please go to Astra Resources

jaydeep-biswas.com.au
Jaydeep biswas - Astra Resources EGM Passes All 17 Resolutions

Jaydeep biswas - International diversified resource company Astra Resources (FWB Code: 9AR) has had all 17 proposed resolutions overwhelmingly passed by shareholders at its extraordinary general meeting held on 26th Septemer 2012.

The key resolutions passed allow Astra to continue with its plans to apply for and/or maintain a listing on up to three major global stock exchanges, including an upgrade to the Prime Standard of the Frankfurt Stock Exchange (Deutsche Boerse) via issue of a prospectus. 

Nearly 200 shareholders attended the EGM from Australia, Asia and the Middle East.

Astra CEO Dr Jaydeep Biswas says the results of the EGM were evidence of the confidence and trust shareholders had in the directors and their plans to create a world leading technology-led resources company. 

“The EGM validated once again the strategy we have created that focuses on disruptive innovation, a first for the industry, and which could pave the way for how similar companies operate in the future,” Dr Biswas says.

“Since its formation Astra has focused its attention on building Intellectual Property and technology assets rather than concentrating on a single mining project that could see us end up as a microcap.

“While there has been some disquiet to this approach from some observers, the consensus is we are heading in the right direction and now have a mandate from the shareholders to continue down this path.”

Other resolutions passed included the issue of a prospectus by the company, the reappointment of all directors and the re-confirmation of KMPG as auditors.

A number of resolutions relating to the sale of Astra shares by existing shareholders were also approved.

These included the removal of escrow on all shares for off-market sales on a private treaty basis at the full discretion of the Board and advice from its legal advisors, and the extension of the escrow period for all on-market sales/transfers until the release of the prospectus, in concert with a minority shareholder/advisor led committee focusing on protecting and maintaining shareholder value.

Astra Managing Director Silvana De Cianni says the resolutions relating to the sale of shares were proposed to protect existing shareholder value.

“We are very proud of what we have achieved for shareholders to date and want to ensure the company’s value continues to grow for them well into the future,” Ms De Cianni says.

Astra Resources’ global portfolio includes gold interests in Southeast Asia, coal mine in Africa, iron ore in India and the Philippines, carbon efficient and commodity businesses, the production of the high-strength T-Steel technology in Hungary, clean coal technology, and a large Agricultural focus on creating Australia as the food bowl for the Asian Region.

For further information please go to jaydeep biswas

jaydeepbiswas.com.au
Jaydeep biswas - Astra Responds To Online Comments About Company Strategy

Astra Resources - Your Owners of intercontinental diversified resource business Astra Assets Plc (“Astra”) (FWB Program code: 9AR) have been requested by simply your shareholders to answer wrong landscapes expressed by non-associated exterior celebrations in blog sites and also media concerning the company’s approach

The entire world can be undergoing tremendous adjust. Cash areas tend to be underneath enormous stress, and also expansion will be slowing down within key building places.

Jaydeep biswas - We published many 24 months previously that lengthy offer wrinkles intended for mined thing sources in order to developing marketplaces that need substantial operating, logistics in addition to cash costs can come under pressure when developing international locations give attention to moving on their very own means and introduce new systems employing their low cost composition.

The one frequent with human being growth as time passes has become this growth associated with brand-new engineering in every subject of lifestyle. Consequently, Astra dedicated to buying tested, bothersome technology for the means business that change the price composition associated with end-user demand, usually decreasing this need pertaining to means, elizabeth. g. conditioning aluminum and so the solution as well as associated fresh stuff utilize every capita will be diminished, along with using brownish coal with developing countries for electrical power era as opposed to posting black color fossil fuel.

We now have developed a technology-led methods organization that has a cornerstone position within carbon dioxide effective businesses as well as technological innovation with an emergent frugal access in to property, agricultural goods along with replenishable assets where that account balances our long-term stock portfolio.

Because commencement of Astra, we now have centered each of our consideration on building your Intelligent House as well as resource position in the company, as being a preference for you to creating gross income in the capital-depleted globe. The actual prime reason behind the particular emphasis has become our try and make a main business as an alternative to concentration using one asset-mining challenge that will results as a microcap.

This course can be according to getting into important international swaps to the subscription of the recommended IPO, so international exchanges will provide the necessary usage of funds to get the particular Intellectual Property or home in addition to assets straight into profit.

Furthermore, your registration in the suggested IPO with any of the important worldwide swaps can permit a suitable and also correct survey on the Mental House and resources on the business. The particular main global transactions will supply any reveal price tag in the company (upon your registration with the IPO) that is in keeping with the value of the Intelligent House along with resources in the organization.

Obtaining this isn’t a rapid process, and we now have retained shareholders thoroughly educated of purchases involving Mental House as well as resources as and when happened.

Within mining we have obtained the philosophy in order to self conscious clear of initiatives that want more search and also significant structure, and possess impending exploration licenses. Each of our procedure for research through this beliefs is tiresome given your interest is actually mostly while using the key stakeholders and lovers in our organization, as an alternative to facilitators.

We all don’t come up with a ultimate determination to virtually any venture or maybe money option except if were 100% confident and also at times most of us distance themself in the event that at this time there will never be total disclosure or even doubtful representations.

In all of the instances, we arranged critical targeted milestones to be realized, which often produce Astra while using the possibility and/or choice to definitely not continue in the event these kinds of goals are certainly not attained.

More to the point, all of us tend not to continue together with almost any financial transaction except we have acquired earlier remaining prepared along with authorised signal aloof from our own authorized experts, and still have available the desired legitimate certification highlighting the positioning of the nominated Astra entity involved in the distinct undertaking.

Regrettably in this particular tough financial planet vacation facilitators, whose assignments might not exactly have got satisfied your rigid specifications, still find it useful to criticise our own corporation in addition to allege lawsuit about blogs in addition to World-wide-web advertising.

We are able to promise you which just about any 3rd party or not related complaint regarding Astra, particularly through disreputable Internet sites, features hardly any foundation in fact.

This specific practice features happened often to Astra and many various other high-growth businesses, the other need to question precisely why facilitators generate on these disreputable Websites should they include really completed their particular obligations adequately and possess the best placement.

Your Company directors will not likely thoughts on almost any specific matter typically, yet make it possible for the appropriate reps, take care of some of these troubles.

The particular Directors will probably, naturally, make sure almost any shareholder problem is usually taken care of.

In the event that there was clearly any make any difference where we definitely not mentioned properly or reported towards the market segments, each of our appropriate consultants immediately after correct sufficient research to be sure quality and correctness, would have first prevailed on you in respect of any kind of inaccuracies, and we might include amended your situation.

The only real exception will be in the event that there was clearly misrepresentations made to us by means of next get-togethers or maybe facilitators, and also in this instance our own separate law firms would certainly recommend us all to never create any press releases if the subject prejudices the foreseeable future placement officially or even has an effect on our capability to manufacture a referral for the government bodies.

New web site along with World wide web activity have been brought on through past consultants along with tool vendors who have not necessarily done on their deals or who’ve structurally defaulted inside functionality regarding conditions associated with contracts.

In every event each of our lawyers get initiated or maybe begins process resistant to the people in addition to management and business organizations involved. In all of the circumstances the lawful place may be verified in addition to confirmed independently, along with for good reasons merely recognized to many of these functions the nicely balanced see will not be indicated publicly. The Company directors possess continually merely insecure or perhaps started lawful actions to guarantee the hobbies of the shareholders tend to be maintained and also shielded.

Jaydeep biswas - Complaint with out giving the truth as well as total specifics is simple to generate, although to create a business for all the shareholders’ pursuits in these kinds of complicated occasions will be something almost all Astra investors entrance hall your Company directors to perform. The actual upkeep on the shareholders’ likes and dislikes will be the key target on the Administrators.

Astra is actually holding the EGM regarding shareholders in 26th Sept 2012 and we will employ this community forum to achieve shareholder acceptance for a lot of the superb expansion possibilities prior to us.

The Company directors expect viewing all our own investors with the EGM.

Jaydeep Biswas – CEO

Silvana De Cianni – Managing Director

For further information please go to Astra Resources

jaydeep-biswas.com.au
Jaydeep biswas - Astra Responds To Online Comments About Company Strategy

Jaydeep biswas - Your Directors regarding intercontinental diversified learning resource firm Astra Resources Plc (“Astra”) (FWB Rule: 9AR) are already requested by simply our investors to answer misinformed sights expressed by means of non-associated exterior events in blogs and also advertising about the company’s approach

The world is actually undergoing huge adjust. Funds marketplaces are under huge stress, and growth can be delaying inside major developing places.

Jaydeep biswas - Many of us had written a few a couple of years in the past in which prolonged source traces for mined thing resources to help acquiring markets which in turn involve large operating, logistics and capital fees should come pressurized in the event developing international locations consentrate on accelerating their particular assets in addition to bring in completely new technologies employing their cheap composition.

The one regular inside individual progress with time may be this improvement involving brand-new technologies atlanta divorce attorneys section of existence. Therefore, Astra dedicated to purchasing confirmed, disruptive technological know-how for that means organization which often adjust the charge framework of end-user demand, frequently reducing the particular requirement with regard to resources, age. gary. building up steel hence the product and connected organic substance utilize each capita could be diminished, and also using darkish coal throughout building nations around the world pertaining to electric power era rather than posting black fossil fuel.

We’ve got formulated some sort of technology-led methods corporation that has a building block place with carbon dioxide successful companies and also technology through an emergent discerning accessibility directly into property or home, farming items in addition to alternative resources where by the item scales your long-term collection.

Since the start associated with Astra, we now have focused our attention about constructing your Cerebral Property or home as well as tool place on the corporation, as a choice for you to establishing earnings inside a capital-depleted entire world. The actual leading reason for your concentrate have been our try and develop a important corporation as an alternative to concentration using one asset-mining challenge in which ultimately ends up to be a microcap.

This strategy can be in line with entering major global deals with the sign up with the planned IPO, consequently international exchanges will supply the required entry to funds that will put this Intelligent Property or home and also possessions in to income.

Furthermore, your registration with the proposed IPO in from any of the significant world-wide transactions will enable a suitable as well as correct worth with the Intelligent Home as well as property with the business. This major international transactions can provide the write about price tag of the firm (upon the actual registration of the IPO) which is in keeping with the value with the Intellectual Home as well as belongings on the organization.

Attaining this may not be a simple procedure, along with we now have held investors fully educated of acquisitions involving Mental Residence along with assets seeing that and when happened.

With mining we have now taken the viewpoint to be able to timid far from tasks that require even more seek along with main infrastructure, and have got certain exploration permits. Our own strategy of due diligence in such a beliefs is monotonous given our own curiosity is primarily with all the key stakeholders in addition to spouses your company, as opposed to facilitators.

Most of us tend not to create a final dedication in order to virtually any undertaking as well as money course except i am 100% confident and also from time to time we take in case at this time there will never be whole disclosure as well as in question representations.

In all situation, we all fixed essential concentrate on milestones to get attained, which usually provide Astra using the option and/or substitute for certainly not proceed if these kind of targets usually are not reached.

More to the point, all of us don’t continue with virtually any deal except if we have obtained previous final published in addition to authorised signal far from your legitimate analysts, and have in position the desired authorized paperwork sending the positioning from the nominated Astra entity involved in the distinct task.

Sadly with this tough economical entire world 3rd party facilitators, as their jobs may not possess fulfilled our own tough requirements, find it useful to criticise our own firm and allege suit in blog sites as well as Internet marketing.

You can assure an individual in which just about any vacation or perhaps not related criticism involving Astra, in particular by means of disreputable Web sites, has simply no foundation in truth.

That practice has occured regularly to help Astra and several various other high-growth organizations, and something have to ponder the reason why facilitators write on most of these disreputable Websites as long as they possess genuinely carried out their own responsibilities appropriately and also have the best placement.

The particular Company directors is not going to remark entirely on any specific make any difference as a rule, although let our legal representatives, take care of any of these troubles.

This Owners will, certainly, make sure just about any shareholder problem is taken care of.

In the event that there was clearly just about any make any difference which we had not reported the right way or perhaps declared on the areas, our own appropriate experts following right sufficient research to make certain lucidity and correctness, would’ve very first prevailed upon you as to almost any inaccuracies, and also we would have got amended our own position.

The one different is actually in the event that there was misrepresentations made to you by means of finally events or facilitators, as well as in such cases your separate lawyers would guide us all not to ever create almost any announcements if your make a difference prejudices your upcoming place lawfully or even has effects on the capability to produce a recommendation towards the government bodies.

Latest weblog and World wide web exercise has become activated by means of preceding consultants as well as tool suppliers with not carried out on the documents as well as that have structurally defaulted in the overall performance associated with conditions connected with arrangements.

With every scenario your attorneys include initiated or maybe will become cases against the people and corporate and business agencies included. In all instances our lawful place have been validated in addition to validated on their own, as well as intended for good reasons just recognized to some parties some sort of balanced look at will never be stated widely. The Administrators include always just vulnerable as well as initiated authorized proceedings to ensure the pursuits from the shareholders are usually maintained along with guarded.

Jaydeep biswas - Critique without presenting the true and complete information is simple for making, yet to develop an organization regarding all of the shareholders’ passions within most of these tough occasions will be some thing just about all Astra shareholders entrance hall the Company directors to try and do. Your repair of the shareholders’ likes and dislikes may be the important focus with the Directors.

Astra is actually positioning a great EGM connected with investors in 26th September 2012 and we’ll make use of this community to find shareholder endorsement with regard to a lot of the superb increase options ahead of all of us.

The actual Administrators anticipate experiencing many our investors with the EGM.

Jaydeep Biswas – CEO

Silvana De Cianni – Managing Director

For further information please go to jaydeep biswas

jaydeepbiswas.com.au
Jaydeep biswas - Astra Responds To Online Comments About Company Strategy

Astra Resources - The Directors of international diversified resource company Astra Resources Plc (“Astra”) (FWB Code: 9AR) have been asked by our shareholders to respond to misinformed views expressed by non-associated external parties on blog sites and media about the company’s strategy

The world is undergoing tremendous change. Capital markets are under enormous pressure, and growth is slowing in major developing countries. 

Jaydeep biswas - We wrote some two years ago that long supply lines for mined commodity resources to developing markets which require high operating, logistics and capital costs will come under pressure if developing countries focus on progressing their own resources and introduce new technologies using their low cost structure. 

The one constant in human development over time has been the development of new technologies in every area of life. Hence, Astra focused on acquiring proven, disruptive technologies for the resources business which change the cost structure of end-user demand, frequently reducing the demand for resources, e.g. strengthening steel so the product and associated raw material use per capita would be reduced, and use of brown coal in developing countries for power generation rather than importing black coal.

We have developed a technology-led resources company with a cornerstone position in carbon efficient businesses and technology with an emergent selective entry into property, agricultural commodities and renewable resources where it balances our long-term portfolio. 

Since the commencement of Astra, we have focused our attention on building the Intellectual Property and asset position of the company, as a preference to developing revenues in a capital-depleted world. The prime reason for the focus has been our attempt to build a major company rather than focus on a single asset-mining project that ends up as a microcap. 

This strategy is consistent with entering major global exchanges for the registration of the proposed IPO, as such global exchanges will provide the necessary access to capital to put the Intellectual Property and assets into revenue. 

Additionally, the registration of the proposed IPO on any of the major global exchanges will enable an appropriate and correct valuation of the Intellectual Property and assets of the company. The major global exchanges will provide a share price of the company (upon the registration of the IPO) which is consistent with the value of the Intellectual Property and assets of the company.

Achieving this is not a quick process, and we have kept shareholders fully informed of all acquisitions of Intellectual Property and assets as and when occurred.

In mining we have taken the philosophy to shy away from projects that require further exploration and major infrastructure, and do not have imminent mining licenses. Our process of due diligence within this philosophy is tedious given our interest is primarily with the key stakeholders and partners of our company, rather than facilitators.

We do not make a final commitment to any project or funding route unless we are 100% sure and sometimes we withdraw if there has not been full disclosure or questionable representations.

In all circumstances, we set key target milestones to be achieved, which provide Astra with the opportunity and/or option to not proceed if these targets are not achieved.

More importantly, we do not proceed with any transaction unless we have received prior final written and authorised sign off from our legal advisors, and have in place the required legal documentation reflecting the position of the nominated Astra entity involved in the specific project.

Unfortunately in this difficult economic world third party facilitators, whose projects may not have met our stringent requirements, find it useful to criticise our company and allege litigation on blog sites and Internet media.

We can assure you that any third party or unrelated criticism of Astra, particularly through disreputable Internet sites, has absolutely no basis in fact.

This practice has happened frequently to Astra and many other high-growth companies, and one must wonder why facilitators write on these disreputable Internet sites if they have truly carried out their obligations properly and have a legitimate position.

The Directors will not comment directly on any particular matter as a rule, but allow our legal representatives, deal with any of these issues.

The Directors will, of course, ensure that any shareholder query is attended to.

If there was any matter on which we had not stated correctly or announced to the markets, our legal advisors after proper due diligence to ensure clarity and correctness, would have first prevailed on us as to any inaccuracies, and we would have amended our position.

The only exception is if there were misrepresentations made to us by third parties or facilitators, and in this case our independent lawyers would advise us not to make any announcements if the matter prejudices our future position legally or impacts our ability to make a referral to the regulators.

Recent blog and Internet activity has been triggered by previous advisors and asset providers who have not performed on their agreements or who have structurally defaulted in the performance of provisions of agreements.

In each case our lawyers have begun or will begin proceedings against the individuals and corporate entities involved. In all cases our legal position has been confirmed and verified independently, and for reasons only known to some of these parties a balanced view has not been expressed publicly. The Directors have at all times only threatened or commenced legal proceedings to ensure the interests of the shareholders are maintained and protected.

Jaydeep biswas - Criticism without giving the true and complete facts is easy to make, but to build a company for all of the shareholders’ interests in these difficult times is something all Astra shareholders lobby the Directors to do. The maintenance of the shareholders’ interests is the key focus of the Directors.

Astra is holding an EGM of shareholders on 26th September 2012 and we will use this forum to gain shareholder approval for some of the wonderful growth opportunities before us.

The Directors look forward to seeing all our shareholders at the EGM.

Jaydeep Biswas - CEO

Silvana De Cianni - Managing Director

For further information please go to Astra Resources

jaydeep-biswas.com.au
Jaydeep biswas - Astra Responds To Online Comments About Company Strategy

Jaydeep biswas - The Directors of international diversified resource company Astra Resources Plc (“Astra”) (FWB Code: 9AR) have been asked by our shareholders to respond to misinformed views expressed by non-associated external parties on blog sites and media about the company’s strategy

The world is undergoing tremendous change. Capital markets are under enormous pressure, and growth is slowing in major developing countries. 

Jaydeep biswas - We wrote some two years ago that long supply lines for mined commodity resources to developing markets which require high operating, logistics and capital costs will come under pressure if developing countries focus on progressing their own resources and introduce new technologies using their low cost structure. 

The one constant in human development over time has been the development of new technologies in every area of life. Hence, Astra focused on acquiring proven, disruptive technologies for the resources business which change the cost structure of end-user demand, frequently reducing the demand for resources, e.g. strengthening steel so the product and associated raw material use per capita would be reduced, and use of brown coal in developing countries for power generation rather than importing black coal.

We have developed a technology-led resources company with a cornerstone position in carbon efficient businesses and technology with an emergent selective entry into property, agricultural commodities and renewable resources where it balances our long-term portfolio. 

Since the commencement of Astra, we have focused our attention on building the Intellectual Property and asset position of the company, as a preference to developing revenues in a capital-depleted world. The prime reason for the focus has been our attempt to build a major company rather than focus on a single asset-mining project that ends up as a microcap. 

This strategy is consistent with entering major global exchanges for the registration of the proposed IPO, as such global exchanges will provide the necessary access to capital to put the Intellectual Property and assets into revenue. 

Additionally, the registration of the proposed IPO on any of the major global exchanges will enable an appropriate and correct valuation of the Intellectual Property and assets of the company. The major global exchanges will provide a share price of the company (upon the registration of the IPO) which is consistent with the value of the Intellectual Property and assets of the company.

Achieving this is not a quick process, and we have kept shareholders fully informed of all acquisitions of Intellectual Property and assets as and when occurred.

In mining we have taken the philosophy to shy away from projects that require further exploration and major infrastructure, and do not have imminent mining licenses. Our process of due diligence within this philosophy is tedious given our interest is primarily with the key stakeholders and partners of our company, rather than facilitators.

We do not make a final commitment to any project or funding route unless we are 100% sure and sometimes we withdraw if there has not been full disclosure or questionable representations.

In all circumstances, we set key target milestones to be achieved, which provide Astra with the opportunity and/or option to not proceed if these targets are not achieved.

More importantly, we do not proceed with any transaction unless we have received prior final written and authorised sign off from our legal advisors, and have in place the required legal documentation reflecting the position of the nominated Astra entity involved in the specific project.

Unfortunately in this difficult economic world third party facilitators, whose projects may not have met our stringent requirements, find it useful to criticise our company and allege litigation on blog sites and Internet media.

We can assure you that any third party or unrelated criticism of Astra, particularly through disreputable Internet sites, has absolutely no basis in fact.

This practice has happened frequently to Astra and many other high-growth companies, and one must wonder why facilitators write on these disreputable Internet sites if they have truly carried out their obligations properly and have a legitimate position.

The Directors will not comment directly on any particular matter as a rule, but allow our legal representatives, deal with any of these issues.

The Directors will, of course, ensure that any shareholder query is attended to.

If there was any matter on which we had not stated correctly or announced to the markets, our legal advisors after proper due diligence to ensure clarity and correctness, would have first prevailed on us as to any inaccuracies, and we would have amended our position.

The only exception is if there were misrepresentations made to us by third parties or facilitators, and in this case our independent lawyers would advise us not to make any announcements if the matter prejudices our future position legally or impacts our ability to make a referral to the regulators.

Recent blog and Internet activity has been triggered by previous advisors and asset providers who have not performed on their agreements or who have structurally defaulted in the performance of provisions of agreements.

In each case our lawyers have begun or will begin proceedings against the individuals and corporate entities involved. In all cases our legal position has been confirmed and verified independently, and for reasons only known to some of these parties a balanced view has not been expressed publicly. The Directors have at all times only threatened or commenced legal proceedings to ensure the interests of the shareholders are maintained and protected.

Jaydeep biswas - Criticism without giving the true and complete facts is easy to make, but to build a company for all of the shareholders’ interests in these difficult times is something all Astra shareholders lobby the Directors to do. The maintenance of the shareholders’ interests is the key focus of the Directors.

Astra is holding an EGM of shareholders on 26th September 2012 and we will use this forum to gain shareholder approval for some of the wonderful growth opportunities before us.

The Directors look forward to seeing all our shareholders at the EGM.

Jaydeep Biswas - CEO

Silvana De Cianni - Managing Director

For further information please go to jaydeep biswas

jaydeepbiswas.com.au
Jaydeep biswas - Astra Resources Suspended - Temporary Suspension To Be Lifted Soon

Astra Resources - Renellbank as well as advisors usually are taking the many halts to raise your suspension of Astra Resources Plc (9AR) along with assume your suspension to be removed with small detect. With the suspension, Renellbank can be liaising tightly while using Alternate in order to resolve the situation.

Make sure you possibly be suggested that this suspension is just not a subject regarding Astra or maybe the administrators Jaydeep biswas.

Jaydeep biswas - In the meantime most functions are working tightly with each other to own enhance on the Perfect Common from the Frankfurt Stock exchange (Deutsche Boerse) and also the emission of any sec prospectus.

Marc Renell

Director

Renell Wertpapierhandelsbank AG

For further information please go to Astra Resources

jaydeep-biswas.com.au
Jaydeep biswas - Astra Resources Suspended - Temporary Suspension To Be Lifted Soon

Jaydeep biswas - Renellbank as well as consultants are usually taking every one of the halts in order to lift the particular suspension of Astra Sources Plc (9AR) in addition to be expecting the particular suspension to be elevated from limited discover. With the suspension, Renellbank is usually liaising directly with the Trade to fix the matter.

Please possibly be encouraged the suspension is just not the matter related to Astra or the owners Jaydeep biswas.

Jaydeep biswas - Meanwhile most parties will work directly in concert to offer the improve to the Primary Typical of the Frankfurt Stock exchange (Deutsche Boerse) and also the emission of a securities prospectus.

Marc Renell

Director

Renell Wertpapierhandelsbank AG

For further information please go to jaydeep biswas

jaydeepbiswas.com.au
Jaydeep biswas - Temporary Suspension of Astra Resources Plc.

Astra Resources - Renellbank and experts usually are dragging each of the halts for you to lift the suspension connected with Astra Methods Plc (9AR) along with assume the particular suspension to get raised at small notice. In conjunction with the suspension, Renellbank is usually liaising directly while using Alternate to solve the issue.

Make sure you be suggested how the suspension seriously isn’t a make any difference related to Astra or maybe the owners Jaydeep biswas.

Jaydeep biswas - Meanwhile all get-togethers are working closely jointly to achieve the update to the Prime Standard in the Frankfurt Stock market (Deutsche Boerse) along with the emission of the stock options prospectus.

Marc Renell

Director

Renell Wertpapierhandelsbank AG

For further information please go to Astra Resources

jaydeep-biswas.com.au
Jaydeep biswas - Temporary Suspension of Astra Resources Plc.

Jaydeep biswas - Renellbank and it is advisors are dragging every one of the halts for you to lift up the actual suspension regarding Astra Resources Plc (9AR) along with be expecting your suspension being lifted in quick notice. In conjunction with the suspension, Renellbank is usually liaising carefully with the Exchange to unravel the challenge.

Remember to possibly be advised that the suspension just isn’t any make any difference to do with Astra or maybe it is directors Jaydeep biswas.

Jaydeep biswas - For the time being almost all events are working tightly jointly to own improve for the Primary Regular on the Frankfurt Stock market (Deutsche Boerse) as well as the emission of a investments prospectus.

Marc Renell

Director

Renell Wertpapierhandelsbank AG

For further information please go to jaydeep biswas