Strategic Minerals Share Discussion Threads

[mkwarriors] 21/3/2018 16:31

The BOD's have been noted saying it will 99% roll over for the life of the stock pile (approx 6-7 yrs) as it's been doing so since 2012. We now also have a new cash producing asset by way of LCCM, this will be starting to produce in 6mths with full production in 12mths. This will be generating in the region of $1,200,000 /mth revenue. Any other aim stocks boasting these revenues?

[nateroyd] 21/3/2018 15:58

Watch the videos on Vox markets and proactive investors.

[bigglesbingham] 21/3/2018 15:38

This is on my radar / watch list . My only concern is their main income stream comes from an asset which is controlled by a third party. This could be turned off at any anniversary albeit it's been renewed for 12 months. Can anyone put my mind at rest with regards to cash flow if this tap is turned off. I reiterate I'm positive about many aspects of the company just looking for some clarification. Cheers

[pellers] 21/3/2018 14:14

Brilliant run company generating profitable revenue with a pipeline of excellent opportunities yet share price drifting?

[plasybryn] 20/3/2018 13:52

cornishknocker post on LSE: Now this is looking good! From that we could be looking at a 1MTPA mine, producing the equivalent of 8000 tonnes of tin, with a revenue of £120 million per year, for 10 years - which will increase. Mine construction cost is likely to be in the region of £150 million and cost of production around £9000 per tonne, giving an operating positive cash flow of around £45 million per year and a payback of 3.5 years. It's looking superb!

[wisteria2] 20/3/2018 12:41

Added a clip, so expect to see further erosion of the sp! lol

[troutisout] 20/3/2018 08:46

Very good RNS this morning....

Still can't work out if the share price is being held back by the VWAP process or even having some shares being sold short into the market to cap the SP?

However one thing that can't be capped is the exchange rate and on this the GBP has been a real positive. In the last week the GBP has risen against the Aussie$ to the point where a week ago the $1.45m would have equalled £822k it now equals £794.7k.
Let's hope the £ stays strong over the next few days and up to share issue.

Ultimately though, I would like to see the market not worry about 40m shares and see the potential for what it is and buy now, those shares would soon go....

[edgein] 20/3/2018 07:41

Redmoor heading in the right direction at least! Plenty more drilling and exploration upside to be uncovered and paid for by the other producing asset, and in the future assets when LCCM comes online.

Regards,
Ed.

[trapissed monk] 15/3/2018 10:54

Back to treacle...cuh

[troutisout] 14/3/2018 21:41

Well the share price has been flirting with the bottom trendline, but now firmly back in the wedge, we are getting close to the point and subsequent breakout. If the price is being held back for the VWAP for the Leigh Creek acquisition shares, then they will be released as soon as the month ends, although it may force it earlier....


free stock charts from uk.advfn.com



free stock charts from uk.advfn.com

[mkwarriors] 12/3/2018 18:58

hxxps://players.brightcove.net/2830693144001/default_default/index.html?videoId=5746750232001

[plasybryn] 08/3/2018 13:10

Picked this up from Vox Markets:
John Peters posted a squawk about SML
08:06
08 Mar


Just about to head back to Australia after a very successful visit to the UK. Thanks for the continued support from our shareholders. I’m only sorry that as seems to have happened previously my visit didn’t coincide with a decent move in our share price! I do believe that the recent newsflow including finally bedding down the Leigh Creek acquisition should be concomitant with an increased awareness & perceived valuation for SML
Simon & Justin, thanks for posting the blog about our Leigh Creek deal after the recent podcast. We are beyond excited about the upside this gives SML. We’ve bought in a an extremely cheap level & the upside is truly significant both in the short & long term for the company. As Peter & I said last week, newsflow in general for the company will continue to be active with updates very soon on CARE/Hanns Camp/Mount Weld, as well as Redmoor/CRL.
We’ve had some great meetings & solid interest in this deal – most investors are beginning to realize its significance for us

[trapissed monk] 07/3/2018 08:17

Trouty...cheers for that. Everything there for an investor to pour over.wonder if it could be stuck on here by bb owner? It is a rather large header.cheers.

[troutisout] 07/3/2018 08:11

and after that read this,

[pauliewonder] 05/3/2018 11:44

For those that aren't familiar with the company, a great place to start is the most recent interview on VOXwww.voxmarkets.co.uk/blogs/strategic-minerals-second-revenue-stream-acquisition-copper-mine/

[trapissed monk] 05/3/2018 08:39

sssshhhh! The treacle's thinning!

[pauliewonder] 05/3/2018 08:38

Cheeky little SIPP top up for me. Excellent interview last week on VOX and PA. cobre = current mcap and LC should add another 3.5p onto where we are with no other assets priced in. Not my words, the people in the know

[swiss paul] 02/3/2018 21:01

From NickDog on other site
Maybe simplistic but Trump imposes import tariffs on steel to increase steel production in USA which increases demand for Strategic's magnetite stocks in New Mexico and so increases revenue.

[plasybryn] 02/3/2018 14:52

hxxps://audioboom.com/posts/6703082-strategic-minerals-sml-eco-atlantic-eco-galileo-resources-glr-and-challenger-acquisitions-chal

[bibs] 02/3/2018 14:11

Check out new SML podcast ?

[troutisout] 02/3/2018 12:08

Some good buying volume today....

[troutisout] 27/2/2018 11:23

Buys going through at 2.08p, sells at 2.05p.

[plasybryn] 27/2/2018 11:19

Great interview on Proactive Investors Today.


This stock is getting exciting.
.We will have two producing mines. Leigh creek being in flavour of the time copper, but I see Iron Ore prices are rising as well.
Talk of dividends as 2 income streams come online
Investment into that part of Aus and with it exploration - Gov credits, so costs reduced further
Apparently Dr Gole is extremely happy with HC and items seen are great, ready for the drill phase to prove it
Risk is shared at Redmoor
Cobre will apparently simply rollover each year. Relationships are strong.
Directors are not selling their shares and investors they spoke with will be adding more. Institutions probably sitting on the side line waiting for harder numbers on Leigh Creek.
Apparently we can expect a new research note from share price Angel. This will encompass numbers on Leigh Creek.
They confirm they have cash in the bank.
The Chart is also looking great:
[...]
4p not that far away imo.
DYOR

[troutisout] 27/2/2018 09:19

They seem really happy!

[...]

[trapissed monk] 27/2/2018 09:09

Be glad to get out of this bloody treacle!