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CMET Capital Metals Plc

4.45
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Capital Metals Plc LSE:CMET London Ordinary Share GB00BMF75608 ORD 0.2P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 4.45 108,702 08:00:00
Bid Price Offer Price High Price Low Price Open Price
4.30 4.60 4.45 4.45 4.45
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Uranium-radium-vanadium Ores USD USD -1.14M USD -0.0037 -12.03 13.77M
Last Trade Time Trade Type Trade Size Trade Price Currency
12:19:36 O 25,000 4.4645 GBX

Capital Metals (CMET) Latest News

Capital Metals (CMET) Discussions and Chat

Capital Metals Forums and Chat

Date Time Title Posts
26/4/202416:05 CAPITAL METALS595
24/1/202119:08Capital Metals2

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Capital Metals (CMET) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
11:19:384.4625,0001,116.13O
10:16:354.4611,110496.01O
08:28:594.3367,9822,944.30O
08:26:444.354,344189.01O
07:21:064.602179.98O

Capital Metals (CMET) Top Chat Posts

Top Posts
Posted at 26/4/2024 09:20 by Capital Metals Daily Update
Capital Metals Plc is listed in the Uranium-radium-vanadium Ores sector of the London Stock Exchange with ticker CMET. The last closing price for Capital Metals was 4.45p.
Capital Metals currently has 309,431,209 shares in issue. The market capitalisation of Capital Metals is £13,769,689.
Capital Metals has a price to earnings ratio (PE ratio) of -12.03.
This morning CMET shares opened at 4.45p
Posted at 24/4/2024 13:09 by jimbomorry
I sold and bought back in a few weeks back. Watch out if you need to sell in a hurry with cmet, especially in a spike. I'm with HL and it took me many attempts to sell over a two day period. Sorry I didn't look into it more. Got the impression it's not a very liquid stock.
Posted at 22/4/2024 15:21 by smackeraim
Yup. Cmet is in a good place, and Sheffield knows it.

“Base Resources Limited produces and sells mineral sands in Africa. It produces mineral sands, such as rutile, ilmenite, and zircon.”

“Base Resources rocketed almost 90% as the mineral sands miner announced a merger with US-based Energy Fuels to create a global critical minerals business.

Shareholders in Base will receive shares and a special dividend worth in total approximately A$0.302 (15.7p) per share, a premium of 188% to the last closing price.”
Posted at 26/3/2024 10:46 by seagreen
Seconded.
We are in danger of having a share price higher than the BB darling of Mineral sands that is falling.
(No criticesm of holding the other one as it very well may turn out to be huge but they do not have a proven resource currently. There is an argument although far more boring of holding SVLM which has a Jorc resource and Rio have taken a strategic investment although they seem to be focused on the Graphite for now. There is an argument for holding all three TBH.)
Posted at 26/3/2024 08:47 by chrisdgb
Clearly lots of moving parts but anyone brave enough to map out likely timeline/share price progression........?
Posted at 21/3/2024 10:26 by smackeraim
https://x.com/share_talk/status/1770757981447020981?s=46Now that #CMET has its recent issues well behind it and is arguably in a stronger position than it was before, the journey to funding should be a relative walk in the park @ZaksTradersCafe The fact that the shares are still only half of where they were two years ago, offers a decent opportunity to those looking forward to production.
Posted at 19/3/2024 19:11 by roughandtumbleone
Sheffield Resources Limited ("Sheffield" or "the Company") (ASX: SFX) advises that it has entered into ashare subscription agreement (Agreement) with Capital Metals Plc (Capital Metals) (AIM: CMET), theowner of the Eastern Minerals Project in Sri Lanka, whereby Sheffield shall subscribe for 34,500,000ordinary shares of Capital Metals for total consideration of £1,250,000.Following completion of the Agreement, Sheffield will own approximately 10% of the issued capital ofCapital Metals, with the Company also securing a 12 month share option to acquire a further 17,250,000shares for total consideration of £843,750, enabling Sheffield to increase its interest in Capital Metalsto approximately 14% of total issued capital. Pursuant to the Agreement, Sheffield may for so long as itowns at least 10% of Capital Metals, appoint one nominee director to the Board, subject to customarydue diligence for AIM companies, and will also retain customary anti-dilution rights.Sheffield and Capital Metals have also agreed conditional terms to fund project development, providingthe Company with the opportunity to acquire up to 50% of the Eastern Minerals Project in Sri Lanka.Should Sheffield proceed with the project acquisition, it is expected that project development and fundingshall be staged such that the majority of the investment proceeds are applied following any FinalInvestment Decision on the Eastern Minerals Project. The terms are subject to a 60 day exclusivity period,during which Sheffield shall complete customary due diligence. The parties also intend to negotiate andagree a definitive investment agreement, inclusive of funding from Sheffield to support projectdevelopment, during this time. Until such time as a definitive agreement is concluded, there can be nocertainty that a transaction with respect to the Eastern Minerals Project will be completed. The exclusivityin favour of Sheffield does not apply to the Memorandum of Understanding with the LB Group announcedby Capital Metals on 9 May 2023.Sheffield expects to fund the initial share subscription, any subsequent option exercise, and any pre-FIDinvestment at the project level from existing cash reserves.
Posted at 20/2/2024 19:44 by jimbomorry
Must say I think Cmet is not good with news updates. Also, SL notorious in past for lifestyle organisations and license squatters. I'm invested here and I see this as a risk. But the resource is Jorced, and SL needs the royalties and taxes for IMF repayments so hopefully theyre putting a rocketup cmet. You can see how others try to make a move on licenses. They see no news as lethargy and, hence shenanigans occur.
Posted at 20/2/2024 16:53 by gb904150
On the LB group situation it was disappointing that the exclusivity was allowed to lapse.

Does anybody think there is more to the story?

On the face of it LB Group, the world's leading manufacturer of high-performance titanium dioxide pigments and sponge.....appeared a perfect tie up. A perfect suitor. A $5.8bn Mcap one at that.

The MOU from May 2023 with LB had seemingly fantastic terms for the proposed JV with LB fully funding it. Estd costs $81m as per the PEA and IHC mining report.

Beyond that plan any funding at 50/50. But by then it could be revenue generating and profitable.

So why didn't LB choose to move ahead given that alignment?

5th Jan offtake MoU....did CMET just put a positive spin on that exclusivity lapsing?

They mention 'additional interest received to fund the Project into production' but is that really on better terms than those proposed by LB?! I can't imagine it gets much better than the LB group offer.

In CMET's defence they stood their ground. Many AIM co' just cave and roll out months more of exclusivity, on to new deadlines that get missed.

TiO2 seem to be holding up OK.
LB group seem to be operating just fine.
LB group shares are steady at $17.80 CNY(SHE: 002601)
China is seemingly doing very badly but has just cut rates from 4.2% to 3.95%.
The mining licences got reinstated and the GSMB changes happened.

So there appears a lot more positive than negative but I struggle to understand why LB group haven't just moved ahead. What is holding them back?

CMET and this HMS project is pocket change for LB group.

For the uncertainty you get a 30% discount vs the last £625k raise at 4.25p.

That said....the picture back then was rosier. There was momentum and a near term deadline.

That's now passed and hasn't been replaced by anything....yet.
Posted at 10/1/2024 15:39 by roughandtumbleone
Here's some more details behind the 1600 drill holes and their stated huge upside to the resource size.The drill results were used to estimate an initial resource of 17.2Mt of at 17.6% THM. This resource estimate makes the Project one of the highest-grade mineral sands' deposits in the world. The extensive drilling also means that 85% of the resource estimate was classified in the higher level measured and indicated categories of the JORC code.A key benefit of mining high grade mineral sands is the potential for greatly improved economics as capital intensity is generally low. The mine size (and capex) is lower as you need to mine and process less material to produce the same amount of product. Our recent analysis of other deposits around the world shows that our project has one of the highest grades, being nearly 3 times the average grade of all the deposits of approximately 6% THM.Whilst the current resource estimate is large enough to develop a mine, we are very excited about the potential to increase this resource. CMET's current resource estimate used shallow Auger drilling to an average depth of only 3m and most holes finished in mineralization. CMET's 2018 drill program (using its Sonic Drill rig) proved the mineralization continues at depth and produced some spectacular results including 14m at 26.3% THM & 8m at 26.6% THM. In addition, we have explored less than 10% of CMET's initial licenses (EL168 and EL199).It is difficult to estimate the resource upside at the moment as there are many exploration opportunities to pursue, but CMET believes a multiple upgrade in resource tonnage is feasible
Posted at 13/10/2023 11:33 by pwhite73
bmwman3 - "Even if there was a placing it wouldn’t matter a jot looking at how undervalued this share price is"

The markets don't concern itself with how overvalued or undervalued a share price is, that's the business of shareholders. The market is interested in only one thing your cash today. The last placing was at 1p and although the share price has risen substantially the volume of trading doesn't justify another placing at a share price much higher. Be careful
Capital Metals share price data is direct from the London Stock Exchange

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