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SML Strategic Minerals Plc

0.225
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Strategic Minerals Plc LSE:SML London Ordinary Share GB00B4W8PD74 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.225 2,437,244 08:00:29
Bid Price Offer Price High Price Low Price Open Price
0.20 0.25 0.225 0.225 0.225
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Iron Ores USD 2.46M USD 84k USD 0.0000 - 4.44M
Last Trade Time Trade Type Trade Size Trade Price Currency
11:00:01 UT 950,000 0.23 GBX

Strategic Minerals (SML) Latest News

Strategic Minerals (SML) Discussions and Chat

Strategic Minerals (SML) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-04-24 10:00:010.23950,0002,185.00UT
2024-04-24 08:47:260.2145,13295.23O
2024-04-24 07:44:430.21165,564349.34O
2024-04-24 07:30:440.211,276,5482,727.98O

Strategic Minerals (SML) Top Chat Posts

Top Posts
Posted at 24/4/2024 09:20 by Strategic Minerals Daily Update
Strategic Minerals Plc is listed in the Iron Ores sector of the London Stock Exchange with ticker SML. The last closing price for Strategic Minerals was 0.23p.
Strategic Minerals currently has 2,015,964,616 shares in issue. The market capitalisation of Strategic Minerals is £4,435,122.
This morning SML shares opened at 0.23p
Posted at 05/4/2024 07:14 by sleveen
Cu price near all time highs, should help with financing LC.
Posted at 03/4/2024 21:21 by iceagefarmer
copper price now $421..this is gonna be a multibagger.. Cobre making massive profits now any idiot can see it will ..buy!
Posted at 20/3/2024 07:48 by iceagefarmer
20th March 2024

Strategic Minerals plc

("Strategic Minerals" or the "Company")

Mineral Rights Agreement Signed with The Duchy of Cornwall

Tamar Valley Licence Area

Strategic Minerals plc (AIM: SML; USOTC: SMCDY), a profitable producing mineral company, is honoured to announce that its 100% owned subsidiary Cornwall Resources Limited ("CRL") has finalised an Exclusivity and Prospecting Agreement (the "Agreement") with The Duchy of Cornwall ("The Duchy") that will increase CRL's footprint in the East Cornwall/Tamar Valley region almost fourfold.

Highlights:

· This agreement between The Duchy of Cornwall and CRL represents the first agreement of its kind in modern times aimed at advancing commercialisation of The Duchy's mineral rights through an Exclusivity and Prospecting Agreement.

· Agreement provides exclusive mineral rights to certain areas, adjacent to CRL's Redmoor licence area, located within the Duchy's mineral rights in North and East Cornwall, covering over 6,427 Hectares (64.27 km²), including the historically mined and highly prospective Tamar Valley Mining District.

· CRL's regional exclusive mineral rights footprint increased almost 4 times to 87.95 km², up from 23.68 km².

· Initial exclusive exploration period of 3 years, effective from 1st April 2024, with an option to extend further.

· The Agreement provides CRL the exclusive right to negotiate and implement with The Duchy of Cornwall a further exploration deed and option to mineral rights lease (for mining) over the Agreement area.

· Within the Agreement area, CRL has the exclusive rights to undertake exploration activities for all ores, minerals and metalliferous substances, alongside other stores of metals at surface, with the exception of those reserved to the Coal Authority, the Crown and Mines Royal.

· Exploration activities will initially focus on a desktop review prior to the continuation of the low-cost, high-impact, regional exploration and targeting program, following on from the activities undertaken as part of the successful Deep Digital Cornwall Project.

· Further additional targeted work programs are currently being designed and will be announced in due course.

· The terms of the Agreement require CRL to pay an annual rent to The Duchy of Cornwall.

· CRL commits to working with The Duchy of Cornwall to further the Duchy's development strategy to enhance economic, social, and environmental outcomes within the Agreement area.

· Agreement further secures CRL's significant mineral rights position in the Tamar Valley of east Cornwall, with further announcements to follow.

Commenting, Alan Broome AM, Chairman of Strategic Minerals said:

"This agreement with The Duchy of Cornwall materially strengthens CRL's mineral rights footprint in the Tamar Valley Mining District by increasing it by a factor of almost four times. Strategic Minerals and CRL are honoured to be trusted to deliver progress in compliance with The Duchy of Cornwall's strategic objectives. The CRL team is excited to progress initial reviews of the data and historical information available aimed at determining the design of the most logical work programs, with further announcements to follow.

"CRL's regional presence has been significantly strengthened with the addition of these prestigious mineral rights in areas that historically supported active mining within the Tamar Valley Mining District. This development further underwrites the Company's strategy to be part of, and benefit from, the resurgence of mining activity in the UK and directly contribute to the deliverability of the UK's Critical Minerals Strategy and Cornwall's ambition to be a world-class region for metal mining and georesources."

Commenting, Joshua Conibear of Wardell Armstrong LLP, the Duchy of Cornwall's Mineral Agent, said:

"The Duchy of Cornwall recognises the importance of the potential resources of Critical Minerals located within its mineral rights holdings and grants appropriate agreements with companies wishing to explore these opportunities."
Posted at 07/3/2024 07:18 by sleveen
Good update.

""Discussions continue with another potentially large client at Cobre but, due to recent increases in activity, such discussions are now focussed on future years supply.

"At present, we anticipate further news flow from projects this month and beyond."


Looks like SML will have to increase capacity to accommodate the new large customer. Which is fine by me as I've no wish to see the Cobre either financially or operationally overstretched.
Posted at 21/2/2024 19:52 by troutisout
Looks like Golden Cross time here at SML, coincide that with some positive news soon and the share price could easily get up to the 0.4-0.5p area.


free stock charts from uk.advfn.com
Posted at 15/2/2024 13:59 by sleveen
Large customer returns with a vengeance, a new large customer likely.

SML priced to go bust, unlikely now.
Posted at 09/2/2024 14:37 by ajmace
Great podcast.Q1 sounds to be a very positive news time for SML
Posted at 06/2/2024 16:39 by parob
#SML - there it is. Clean break of a 3 year downtrend . Looking for that horizontal level around .4 as the next stop . News forecast could see it push through that level .hTTps://x.com/styledgentleman/status/1754906311605526995?s=61&t=OPWPOeWZxD1L0Ap29u5T3A
Posted at 05/2/2024 09:40 by slingerman
I total agree and also SML used to have leaky news.. has someone DRIPPED news out to friends (traders).... surely NOT!
Posted at 18/2/2019 18:33 by papillon
The charts you asked me for, GD. They are log charts. Hope you find them helpful. Bear in mind I know absolutely nothing about SML.

SML has been in a downtrend for almost 2 years after that massive percentage rise in H1 2017. The share price has yet to breakout of that downtrend. Volume is low compared with H1 2017. Obviously the share price is waiting for significantly good news and high volume to breakout of that downtrend.


free stock charts from uk.advfn.com


The 50 day EMA has recently risen above a rising 200 day EMA. That's known as a "golden Cross" and is generally a bullish signal.


free stock charts from uk.advfn.com



It's almost 2 years since the SML share price peaked obviously after good newsflow. I presume the almost 2 year downtrend is because the share price has drifted down awaiting the follow up good news. The recent rise of the share price above the 200 day EMA is the first time that has happened in around a year. I'd say that the market is still bullish on SML, but it will need good news to break out of that downtrend.


free stock charts from uk.advfn.com


I'll post something more later on.

ATB
Strategic Minerals share price data is direct from the London Stock Exchange

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