Strategic Minerals Share Discussion Threads

[slicethepie] 19/11/2024 18:16

Investing is about looking forward and not backwards....

[slicethepie] 19/11/2024 18:13

Rab have appointed a nedYou don't take up a ned position with all the legal ramifications to protect chump change !

[jotoha2] 19/11/2024 16:43

I would assume they made Peters sign a none dumping agreement for his holding , if not then getting out before the six month employment is reached. Dodgy is being kind .

[swiss paul] 18/11/2024 16:06

Its chump change to them, dont read to much into that.

[slicethepie] 18/11/2024 15:05

Rab capital don?t get involved in lifestyle companies! the recent board appointments reflect shareholders wanting value out of this company

[sleveen] 18/11/2024 07:25

From this morning's Guardian Metal resources RNS:

Tungsten Export Restriction News

On 16 November 2024 Nikkei Asia ("Nikkei"), a Japan headquartered news company which is the sister company of the Financial Times, reported that, 'China plans to tighten export controls on key "dual-use" technologies and items in two weeks, including raw materials and metals such as tungsten, graphite, magnesium and aluminium alloys used commonly in tech supply chains.' Nikkei was also the news source to first publish the news regarding the antimony export restrictions in August 2024.

The original news source can be viewed at the link below:



Selected extracts of the publication titled "China to tighten export curbs on critical metals ahead of Trump's return - Tungsten, magnesium and aluminium alloys face more restrictions" (Lauly Li and Cheng Ting-Fang, Nikkei Asia tech correspondents published on 16 November 2024 at 01:01 JST) are found below:

"China's Commerce Ministry unveiled detailed specifications of dual-use technologies and items -- used for both civilian and military purposes -- that will fall under the country's export controls. The rules take effect on Dec. 1."

"China controls more than 80% of the extraction and processing of global tungsten supply, along with around 90% of global magnesium production, according to a European Union estimate on global critical materials supplies.

"All of these critical metals not only are used widely in the electronics supply chain, but also are indispensable to build defense equipment, weapons, aviation and spacecraft."

"China has been tightening export controls on critical materials such as gallium, germanium, rare earths and antimony as countermoves to battle sweeping U.S. export controls on advanced semiconductor and artificial intelligence technologies."

[swiss paul] 17/11/2024 18:52

Yeah - they been saying that since the jam factory was created. Be realistic - its a lifestyle company. No future - even the chief trough eater realise it can't be milked anymore:
Strategic Minerals plc (AIM: SML; USOTC: SMCDY), announces the retirement of Managing Director, John Peters, with effect from today's date, when he will also leave the Company's Board. Mr Peters will remain as a consultant to the Company for a period of six months to ensure an orderly transition.

You keep on adding sunshine

[iceagefarmer] 16/11/2024 09:54

why are we worried about piffling $50,000 loans now though..the future is massive

[richsmithsmith] 11/11/2024 14:14

Also added...

[iceagefarmer] 11/11/2024 13:35

topped up!

[iceagefarmer] 11/11/2024 13:35

seems like a manipulated fall before news drops soon

[imjustdandy] 08/11/2024 09:48

Yes - these snippets are from the half year report released a few weeks ago. Staggering the turnaround here.

[gb904150] 08/11/2024 09:02

ijd - have you just copy/pasted from a recent RNS?

The investment case here is much improved.

Back to the original investment case which was one of a producing, profitable mine at Cobre at least covering admin expenses. Meanwhile the other projects offer blue sky potential.

That said, the current position is even stronger. Cobre should now be able to slowly add to cash balances. Cobre magnetite moving to 5-year renewal rather than 1-year means they can actually invest in it and there is far less risk.

That last update was great:
• September quarter revs US$1.273m
• Very strong sales levels being maintained.
• Full year sales in 2024 now expected to exceed US$4.5m

But it now needs some news on all the other fronts.

[imjustdandy] 08/11/2024 05:27

Whilst the current improvement in the Company's profitability is a welcome development, cash flow from this profitability is not substantial enough to fund significant progress at LCCM or Redmoor. With the recent additions to the Board, the Company is hopeful that their extended investment networks will result in greater potential for partnerships or access to funding pools. The current share price all but rules out funding these projects through the issue of new equity and the Board is focussed on how best to re-establish momentum in the share price. We believe the strategic nature of tungsten, as a critical mineral, in the current political climate will make Redmoor the key focus of the Company moving forward.

[imjustdandy] 08/11/2024 05:25

As the new Chairman, and largest shareholder, I believe the Company is well placed to realise the underlying value built up in its projects, in particular its Redmoor Tungsten and Tin mine which has the potential to be of strategic importance in global affairs.

[imjustdandy] 08/11/2024 05:24

Need some more positive news here to confirm all on track and to keep the upward share price momentum intact.

[imjustdandy] 06/11/2024 17:22

Need a bit more volume - MM just play it when zilch volume. Hopefully some transformational news very soon.

[ajmace] 06/11/2024 15:51

I think that mms are finding it difficult to to. Get hold of any shares.Surely no-one would sell for less than 0.35 would they?

[imjustdandy] 06/11/2024 11:14

Does anyone know if LCCM has started the listing process in Australia?

[imjustdandy] 06/11/2024 07:09

Hopefully break 0.4 today as the market re rates SML due to anticipated profits of c£2m. Market cap £4m , no Debt and 3 further assets to realise. Slowly back to 1p

[imjustdandy] 05/11/2024 16:41

Slowly breaking out which is great

[richsmithsmith] 05/11/2024 16:15

Looking good here now.

[imjustdandy] 05/11/2024 15:01

Can't see past this now. £2m profits on the way .

[sleveen] 05/11/2024 14:46

Right minerals, right asset, right time.

[richsmithsmith] 05/11/2024 11:05

Nice tick up