Share Name Share Symbol Market Type Share ISIN Share Description
Strategic Minerals LSE:SML London Ordinary Share GB00B4W8PD74 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 2.05p 2.00p 2.20p 2.10p 2.025p 2.05p 4,448,897 16:35:21
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 1.3 0.3 0.3 8.3 27.11

Strategic Minerals Share Discussion Threads

Showing 7576 to 7599 of 7600 messages
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DateSubjectAuthorDiscuss
17/1/2018
12:12
Nice little top up just now - significant upside due over time with target in 9-10 range. Leigh creek minor blip but rather BOD do things properly then see things unravel further down the line
pellers
15/1/2018
18:50
Gosh we only just had the rns saying all good and full steam ahead!!!!! then this Update on Acquisition of Leigh Creek Copper Mine Strategic Minerals plc (AIM: SML; USOTC: SMCDY), the diversified mineral development and production company, wishes to inform the market that the exchange of contracts and hence settlement of the acquisition of Leigh Creek Copper Mine has been delayed by a combination of the December holiday period and the need to satisfy a number of conditions precedent associated with the purchase being of an existing company, inclusive of mineral rights. It is anticipated that binding contracts will be exchanged in the coming weeks and settlement will occur once all conditions precedents are met. Notably, while it is intended to undertake the purchase through the Company's 100% owned subsidiary, Ebony Iron Pty Ltd, the transaction will still need to be cleared by the Australian Foreign Investment Review Board. Management and the Board consider the conditions precedents to be primarily administrative and have been working with the vendors, Resilience Mining Australia, to exchange and complete on the sale and purchase agreement as soon as possible. Commenting, John Peters, Managing Director of Strategic Minerals, said: "Time taken to complete necessary legal due diligence and the impact of the Christmas period have combined to delay the exchange of contracts for the acquisition of Leigh Creek Copper Mine. We have no concerns about completing the transaction but want to ensure that all procedures are completed properly to reduce risk to the Company." Lets hope its rectified quickly...gla holders
wisteria2
15/1/2018
09:03
Ed, As you so aptly said "the sooner they shift that plant and get it into production the better given the current copper price." ATB, GD
greatfull dead
15/1/2018
08:39
GD, Lets hope so fella, lets hope so! Should hopefully get some action on the ozzie copper asset, the sooner they shift that plant and get it into production the better given the current copper price. Put that healthy margin on the magnetite sales to good use. Regards, Ed.
edgein
12/1/2018
16:45
Good end to the week. Have a great weekend all, GD
greatfull dead
11/1/2018
22:56
Not to shabby today, news sinking in. Commodities doing well.
wisteria2
11/1/2018
13:43
I anticipate the share price to be in the 4p range come the end of Q1 2018. GLA, GD
greatfull dead
09/1/2018
23:32
Great find. John seems very bullish. SO of 4p by 1 March would be good value
pauliewonder
09/1/2018
17:39
hxxps://audioboom.com/posts/6587338-strategic-minerals-sml-ncondezi-energy-nccl-and-alan-green-on-kdnc-sms-ura
greatfull dead
09/1/2018
17:17
Great Justin Waite Podcast today plus chart chat with NIC. She sees 2.6p as break-out, then break 3.475p and the next stop is 5.58p! Nearly John's target in one go. John's seems to think 3p is possible on Cobre roll-over (28th Feb) & perhaps even nearer 4p. So lots of possible upside here.
plasybryn
09/1/2018
10:04
timely prediction by wisteria2 yesterday afternoon
bountyhunter
09/1/2018
09:03
Yes an excellent update. Money now coming in to fund other projects that will bring in an awful lot of money money once they are in production. ATB, GD
greatfull dead
09/1/2018
08:03
Excellent update, strongest Q to date and maintained a 60% profit margin on sales and has allowed internal funding of everything including the recent Ozzie copper project. Very healthy cash balance that now covers copper startup and exploration throughout 2018. First profit now on schedule too! Just gets stronger and stronger for these chaps. Given the current copper price the early startup ozzie asset is quite exciting too. Regards, Ed.
edgein
09/1/2018
07:59
That's what WE expect but as I said.... Nice balance.ops performing to the bottom line funding internally.like johns bit about where he wants to be,£100m cap and share price above .6p Is that conservative?
trapissed monk
09/1/2018
07:58
nice positive rns update
bountyhunter
09/1/2018
07:54
Great to see Cobre kicking on. Strong position to be in using Cobre sales to fund the business expansion. Should be blue today and would expect a move up to 3p when people realise the potential, then onwards to 6p. Thought this was happening earlier in the year only to fall back. We've. Ow got supporting evidence that we will be profitable so nothing holding us back
pauliewonder
09/1/2018
07:49
Let's see market reaction to this rns. Boy,is it frustrating this stock! Sometimes I think it's wedged in treacle.
trapissed monk
08/1/2018
13:04
Not that long to go and we should get an rns! hopefully with an update on trading etc @ Cobre. Reminder--- Terms renegotiated to acquire Leigh Creek Copper Mine outright for AUD $3m Strategic Minerals plc (AIM: SML; USOTC: SMCDY), a diversified mineral production and development company, announces that after the successful completion of technical and financial due diligence on Leigh Creek Copper Mine Pty Ltd ("LCCM"), the owner of the exploration and mining rights and associated copper processing assets at Leigh Creek Copper Mine in South Australia (the "Project"), it has agreed to continue with the acquisition on renegotiated terms. In its RNS dated 16 October 2017, Strategic Minerals outlined that it intended to pay a total consideration of AUD 5,000,000 (approximately GBP 2,850,000) predominantly by way of royalties in combination with cash, shares and assumption of debt. Upon completion of due diligence, SML has renegotiated terms for the acquisition of LCCM through an equal mixture of cash and equity totalling AUD 3,000,000 (approximately GBP1,710,000), subject to documentation. Transaction Details Subject to finalising legal documentation and receiving legal due diligence sign off (expected to be received by the end of 2017), SML has agreed to purchase LCCM from Resilience Mining Australia Pty Ltd ("RMA") on 16 January 2018 for a total consideration of AUD $3,000,000 (approximately GBP 1,710,000) to be paid by way of AUD $1,500,000 (approximately GBP 855,000) in cash, payable at settlement, and AUD $1,500,000 (approximately GBP 855,000) paid by way of the issue of new ordinary shares of SML ("Shares") in the first week of April 2018, based on the volume weighted average share price ("VWAP") for the month of March 2018. Shares issued will be subject to a voluntary escrow, with one third being escrowed for three months after issue, and another third being escrowed for six months after issue. Should SML fail to deliver RMA the Shares by the end of April 2018, RMA will have the right to reacquire LCCM for AUD $1. Mr John Peters, Managing Director of Strategic Minerals, commented: "The outright acquisition of Leigh Creek Copper Mine for an up-front payment of AUD $3m is a significant step forward for the Company. The renegotiated sale terms reflect the confidence we derived from our due diligence and the vendor's acceptance of payment certainty. We are delighted to add copper exposure to our portfolio of strategic projects. We believe that demand and supply factors for copper over the next five years will lead to price increases going forward, which in turn will add substantial shareholder value to SML. The outright acquisition, as opposed to the previous arrangement involving a substantial portion of the consideration being paid by way of royalties, provides the Company with flexibility to maximise the potential from the tenements, as well as the freedom to progress the Project at its own pace. The new capital expenditure structure will allow us to minimise risks, notably extraction risk." For further information, please contact:
wisteria2
03/1/2018
09:44
Moving decisively above the post placing consolidation level now. Cash flow positive SML are in an excellent position to take advantage of the continuing cyclical rise in commods. DYOR. L.
lenses
16/12/2017
09:36
Great interview. Should do well in 2018 if they can get the Cobre licence renewed. tinyurl.com/y93ed8k4 from Strategic Minerals’s Tweet
plasybryn
15/12/2017
12:28
Wist, yeah nice to knock AU$2m off the asset cost for a faster payment. Should hopefully pay for itself next year. Regards, Ed.
edgein
15/12/2017
08:01
hmm . looks ok to me !! get us back to 3p. gla holders
wisteria2
11/12/2017
08:20
Great grades again considering that as it states in the RNS Tin is $22k per tn. The magnetite sales will be very beneficial to continue to prove up the SN, Ni and help to get the Cu into production. Regards, Ed.
edgein
11/12/2017
08:13
Another fabulous RNS. All language used was very positive. Just can't believe we are still at these prices. Given the growth occurring and the value we are at, I am expecting a bid or at least an offer for some of the individual assets. Someone is going to get a steel at low overall risk
pauliewonder
Chat Pages: 304  303  302  301  300  299  298  297  296  295  294  293  Older
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