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Share Name Share Symbol Market Type Share ISIN Share Description
Strategic Minerals Plc 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
  0.00 0.0% 0.425 0.40 0.45 0.425 0.40 0.40 5,010,779 08:00:25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 2.2 0.3 0.1 4.2 8

Strategic Minerals Share Discussion Threads

Showing 8051 to 8071 of 8500 messages
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DateSubjectAuthorDiscuss
24/5/2019
16:33
I agree fillip. I believe that once we have confirmation that the money has been received into SML's bank account, and also when we have confirmation that the payment for Redmoor has been sorted, then the market will have a very different view of this company.
vatnabrekk
24/5/2019
16:16
Exciting day for SML investors. Great timing to sort this out ahead of Redmoor payment and AGM on 18th June. Could say John Peters has played a blinder. With so much to look forward to from Leigh Creek over the next 6 months, I feel very happy being on board for the ride up.
plasybryn
24/5/2019
12:39
Wrong ap. Read. The major client has informed SMG that it anticipates having significant funds very shortly and has asked SMG to refrain from progressing legal action for two weeks. During this two week period, the major client has agreed to pay arrears of US $375,000 and top up the existing deposit, held by SMG, by US $3,690,000. The major client has indicated that it wishes to negotiate the balance of the contract during June and has agreed to the increase in the deposit amount to reflect its good faith in this regard.
tidy 2
24/5/2019
12:27
It goes almost without saying, that the really big share price leap up will commence immediately there is confirmation the £££;£ is actually "in our bank", although for non-holders that will also mark the point when it will be too late to buy in at even around where the share price now lingers, imo. f
fillipe
24/5/2019
11:03
hTtps://youtu.be/MLYw07_bOh8
tidy 2
24/5/2019
10:38
We are about to take receipt of 4 million , major client worries removed and they are going to be taking double the material so we will go 100% up on cobre profits. Leigh creek projected 180 tons early next year and Redmoor 100% ownership , please seek help ! This won't be the usual retrace.LSE
tidy 2
24/5/2019
10:35
I would expect the rerate to occur once confirmation of the ‘cheque in the post has been duly received' is detailed in a RNS. From the information supplied there does not seem any reason to doubt this positive eventuality.
sharenotes
24/5/2019
10:24
During this two week period, the major client has agreed to pay arrears of US $375,000 and top up the existing deposit, held by SMG, by US $3,690,000. The major client has indicated that it wishes to negotiate the balance of the contract during June
tidy 2
24/5/2019
10:17
Looks like you are due a massive rerate.
tidy 2
24/5/2019
10:16
Further upward movement to the ask - currently 1.90p. f
fillipe
24/5/2019
09:34
Not sure what you two are on, but you need to go back to school. The client only owed $375k and that was a pre-payment for stock to be delivered in the future. They are now offering $4m as a deposit and want to re-negotiate the deal, why give $4m if you want out of the deal? It looks clear that they want more product and therefore want to re-negotiate the offtake agreement (This has been hinted at by the BoD before). I suspect you may have other usernames here and are too embarrassed to post using those names today, after the placing posts....
troutisout
24/5/2019
09:27
taking your customers to court is never good. Today's RNS is good news but the client obviously wants out of the deal. If there were other customers then it should be easy enough to sell the stock and extract a payment from cobre client
briggs1209
24/5/2019
09:24
How can it be good.Note the word renegotiate....it means they dont want to pay what's due and wish to pay less, now and in the future.....not exactly encouraging. Looks like problems lie ahead
apfindley
24/5/2019
08:29
Ask has moved up to 1.85p. f
fillipe
24/5/2019
08:26
Can see this doing minimum 30% today.
tez123
24/5/2019
08:21
Fantastic news. On confirmation of funds being received this derisks the future if SML in my view and should hugely re-rate.
pauliewonder
24/5/2019
08:19
Yes it's all funded now it would appear.
cl0ckw0rk0range
24/5/2019
08:17
When this payment comes in it has literally secured the future acceleration of LC. There's potential here to fund Redmoor on our own. 10m a year from Cobre and LC is enough to cover a variety of funding options for it.
kael
24/5/2019
07:38
Great RNS. Looks like the major client is almost ready to eat up that stockpile.
kael
17/5/2019
18:47
As a follow up, and for reasons of full transparency, I have taken a small position in SML (circa 2M shares), working on the assumption that the options are not a front. I don’t have an issue with being ‘wrong’ however, if that is the case.
sharenotes
17/5/2019
18:06
Jak, a fair appraisal. You are quite right; some AIM companies seem to be set up to ‘feather the nest’ of the directors. Since income and capital gain are treated differently from a tax perspective (useful for financial planning), I always look at the shares and options held by the directors. Take John Peters, for example. He holds over 50M ordinary shares, but has a relatively near term option (expiry date of 30/6/2020) to pick up another 36M shares at an exercise price of 2.75p. The vesting price however, is 5.5p. Accordingly, if this option were to be exercised then he would gain just under £1M. The challenge for him is to get the share price to 5.5p (note the 50M shares already held would then be worth £2.75M). Also note that Alan Broome and Peter Wale have a similar option that, if exercised, would furnish them with a further 24M shares a piece. Indeed, it would be transformative for Broome. Simply by looking at the numbers involved, there seems to be enough incentive to drive the share price up. We might get a clue as to how the board is thinking from how they cover the end of month A$2M payment. If they take a route that undermines the SP, then the options may just be a ‘front.’ I will be watching with some interest as to how this unfolds in the next couple of weeks.
sharenotes
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