Critical Mineral Resources Share Discussion Threads

[mustau] 21/12/2024 19:27

Yep good stuff, will look to add a few more now.

[turbotrader2] 21/12/2024 10:07

Well Cln gone and distribution to REAL investorsWatch this fly in the coming weeks and months

[corrientes1] 16/12/2024 16:41

Yes, an interesting trading day but I'll never understand what appears to be the large number of net sales we've seen over the last few weeks/months. Surely they can't all be the result of CLN activity, or maybe the money put into these tiddlers these days is absolutely dire in line with lack of liquidity everywhere else, so profit margins are correspondingly pathetic.

[purple11] 16/12/2024 16:32

just looks like a good day of solid buying to me

[bigginge1] 16/12/2024 14:32

The price action looked like a biggish sell was going through

[purple11] 13/12/2024 16:12

breaking up

[trader465] 12/12/2024 15:09

I picked up a few of these today, looks like good news due soon, they said this in November

20 November 2024
“The trading arm of the Company is now operational and is expected to deliver several trades over the coming weeks which will lead to trading updates later this year and next”

“The Company has made excellent headway in its strategy to secure one or more high quality development opportunities. Although it is not yet ready to provide a detailed update, the Board would like to assure investors that progress has been achieved and the Company expects to provide significant, positive news during Q1 2025”

[corrientes1] 12/12/2024 08:58

When the market grasps the depth of contacts the the COO has in the country,then you'll see a proper market reaction.

[corrientes1] 11/12/2024 14:34

Well the thought's there.

[jimzi] 10/12/2024 23:06

Global trading partners don’t deal in £10k deals, your confusing us with Arthur Daley

[levinson1] 10/12/2024 12:35

Agreed. IMO could be 5p before Christmas

[corrientes1] 10/12/2024 09:48

If you study their credentials, you might get the impression that trading is what these people are really about so the aim might be to create an attrative exploration proposition which they can spin off, leaving them to major in trading where they've definitely got the knowhow and contacts. Subject to an act of god, I'm becoming more and more confident about this company's future.

[corrientes1] 10/12/2024 08:59

They're talkig about weeks not months so this might be a slow build up as the market gets to understand what's happening.

[jugheadjim1] 10/12/2024 08:22

I agree cyberbub. This is just the start though and they have projected several more deals before calender year end.

[cyberbub] 10/12/2024 07:59

This is good news in principle of course, but there are no numbers provided. It could easily be buying £50k worth of antimony from a small artisanal miner and flogging it in Europe for £60k. A profit but not going to keep the lights on?

[turbotrader2] 10/12/2024 07:26

Lovely news

[purple11] 10/12/2024 07:18

Exclusive Antimony Agreement

Critical Mineral Resources PLC, the company focused on mine development and trading of critical minerals in Morocco is very pleased to announce its first exclusive off-take contract. CMR's commodities division was created to provide a means of near-term cash flow and profits to support the core mission of acquiring and developing advanced mine development opportunities in Morocco.

Antimony exclusivity

The Company has recently signed an agreement for the purchase of high-grade antimony ore (>10% Sb), mined by a small scale operator in Morocco. The Company has agreed an exclusive, renewable six (6) month supply contract to purchase all crude ore mined at this source. The antimony ore is a saleable semi-massive stibnite (antimony sulphide / Sb2S3) product.

Antimony opportunity

The antimony metal price has more the trebled over the past year due to an acute shortage of supply, primarily reflecting export restrictions from China which produces circa 48% of global mined antimony (stibnite ores and concentrate) and in recent years >50% of refined antimony (as antimony trioxide and antimony metal). Based on Fastmarkets' benchmark pricing, antimony ingot (min. 99.65% Sb) Rotterdam hit $38,000 per tonne in early December 2024, up from $11,500 per tonne last year.

This exclusive supply agreement creates a new opportunity for CMR to occupy a space in a specialist commodities market where the supply - demand dynamic is becoming ever more problematic for Western countries. Antimony trading is expected to generate an above average gross profit margin when compared with other opportunies we are seeing.

Commodities trading

This antimony contract is consistent with the stated strategy of sourcing product from small and artisanal producers and, if necessary, upgrading lower-grade products using our partner's operational concentrating facility.

The trading arm of the Company is now fully operational, ready to expand its activities and the scope of materials to be sourced and supplied to customers. Exports are planned to Europe, Asia and to other international markets including North America. This initial agreement is the first of several transactions projected before the calendar year end. The Company will deliver a further trading update before the year end and expansion plans will be outlined in Q1, 2025.

Charlie Long (CEO) commented: "We are excitied to be entering the antimony market, a commodity which is so critical at this time and which fits our strategy of diversification into trading. Not only will the commodities trading generate cash for the business, it will also add to our already excellent dealflow. Giving us unrivalled access to producing assets across Morocco, some of which will have potential for larger scale development. In this way CMR will exploit its unique position as an integrated mine developer and commodities trader, always focusing on delivering value for shareholders. We anticipate entering into more trading agreements over the coming weeks and look forward to updating our shareholders".

[levinson1] 09/12/2024 08:49

Already the buying today seems to have commenced. Happy Days imo 5p soon

[levinson1] 07/12/2024 20:54

But I think the intrinsic value of this Company is huge

[corrientes1] 07/12/2024 12:53

I'm not saying you're wrong and indeed I hope you're right, but ramping will put some people off buying the shares, so demeriting its intrinsic value. IMO.

[levinson1] 07/12/2024 12:08

It's my opinion. Disagree with pleasure. Let's see who is right

[corrientes1] 06/12/2024 22:08

Stop your stupid ramping.

[levinson1] 06/12/2024 18:19

RNS and 10p next week ?

[levinson1] 06/12/2024 12:50

Heavy buying - imo not for no reasons