Strategic Minerals Share Discussion Threads

[ajmace] 11/5/2017 11:57

You're right Nat Roy.Trouble is that quantity of comment is nothing to do with its quality.However I agree that it will gap upwards sooner or later.I am long term , at least until the Redmoor results at the end of Q3

[miahkaysor] 11/5/2017 11:53

Is this good time to get in?Also was thinking of going into PREM again, could someone tell me which one out of the two is worth investing?

[chickenrun1] 11/5/2017 11:35

Looking firm today, will we get the break out now?

[nateroyd] 10/5/2017 18:09

There is a lot of chat about this share on lse. co.ukNot enough on this site.Wake up lol

[ajmace] 08/5/2017 09:42

Just listened to the VOX podcasthttps://audioboom.com/posts/5889591-768-be-heard-group-bhrd-strategic-minerals-sml-russ-mould-dougie-youngson-simon-french?t=0This is a really important year for both Cobre and Redmoor.I can see only upside once we break through 2.7p

[smlwebsite] 07/5/2017 20:50

Thanks dropside. You have to admire the way the new director has played the AIM game to perfection. Be interesting to see if SML provides its accounts at the end of June as usual. That's normally when reality hits home.

[nateroyd] 07/5/2017 13:51

What a company!!!!The more I read the more I love this company...The main thing is that they are making money and the whole story sounds good.Not like other companies when there main goal is to take take take and as a share holder you lose.Listen to Vox markets podcasts and make your own mind up.GLA upwards to 3 and beyond!!!

[dropside] 05/5/2017 18:30

Yes welcome back smlwebsite

[saturn5] 05/5/2017 16:17

ajmace

any others ready to ninebag?

[ajmace] 05/5/2017 08:10

Certainly above 2.6A nine-bagger now for me!

[nateroyd] 05/5/2017 07:21

With this rns will the share price go to 2.75?

[ajmace] 02/5/2017 11:16

Dipped again! Double top?

[trapissed monk] 02/5/2017 09:10

Dip recovered,time to lift skirts and carry on.

[smlwebsite] 30/4/2017 12:50

Thanks slicethepie. That probably puts you in a group of one ;-))

[ajmace] 28/4/2017 10:54

Shows that this is going on and on

[trapissed monk] 28/4/2017 10:26

Nice reverse.

[bibs] 25/4/2017 21:08

https://www.barchart.com/stocks/quotes/SML.LS/opinion

[slicethepie] 24/4/2017 16:04

Smlwebsite welcome back! really missed your insightful comments

[smlwebsite] 24/4/2017 14:48

"400k tonnes at @ $62 per metric tonne = $24.8 Million. At a 45% profit margin, that means $11.2 million profit for SML over the length of the contract (assuming constant magnetite ore price). $11.2 million = £9.02 million at current exchange rate. That is 50% of our Mcap, most of which i expect will be made available to fund the development of the potentially enormous mines at Hanns camp and Redmoor. Long and strong into 2018 and beyond with SML"

Divide that theoretical £9.02m by the 8 years it would take to produce 400,000 tonnes. Also allow for the fact that the current Cobre licence (SML does not own Cobre) expires early next year.
‘Management at Cobre continues to negotiate with the mine owners for extended guaranteed access to the magnetite stockpile. So far, this has not been forthcoming’.



SML exploration record is hardly the best on AIM either. Of the millions spent to date, the highest return was $1 for 50% of the Tatu coal mine.

[wisteria2] 24/4/2017 14:02

Moving up well on good volume! what more can you say but GLA HOLDERS

[glenkaz] 21/4/2017 19:12

I look at Solg Matd Irr and see the same pattern here! I only have £10k in at 2p will it grow to £200k 🤔 Won't post again as no need this is gonna be long for me! Gla and what a year lies ahead!

[ajmace] 21/4/2017 18:42

Never take too much notice of any one person's posts. There may skyways be an ulterior motive.

[glenkaz] 21/4/2017 16:39

Wherever there is a rise you will find apafindly slagging it off and opening a short! Lol! Waste of space!

[bountyhunter] 21/4/2017 15:41

and the cobalt prospects