Strategic Minerals Share Discussion Threads

[sleveen] 15/2/2024 13:59

Large customer returns with a vengeance, a new large customer likely.

SML priced to go bust, unlikely now.

[dearbhla] 15/2/2024 12:53

What's happening? Any one no

[ajmace] 13/2/2024 08:12

Yes indeed agree with 1p but the forecast on FT does say 10p

[secretsqu] 12/2/2024 17:50

Apologies, ajmace was suggesting 10p.

[secretsqu] 12/2/2024 17:49

I've just watched it. You're suggesting 10p. I'm sorry, but I don't agree. At 10p you'd have a market cap of 200m gbp.The Company is working hand to mouth with cash in the bank of 100,000 dollars. If you get your new customer on board you might get to 0.5p. I wish you all the best but you've got more chance of getting yourself a knighthood than you have of getting to 10p.If it does get to 0.5p sell, would be my advice.

[sleveen] 12/2/2024 17:46

Parob, added to header info.


Ajmace, 1p this year perhaps but not 10p.

[parob] 12/2/2024 17:26

It's worth a listen to this interview from about 3 weeks back. Interesting comments towards the end. hTTps://youtu.be/kubLND2Uy9o?si=12RDEUCr3DOM8I8V

[secretsqu] 12/2/2024 17:06

What do you believe would be the main drivers to attain a 3,400 percent increase in the share price over the next 12mths?

[secretsqu] 12/2/2024 16:42

I agree, you certainly wouldn't want to further dilute the 2billion shares already in issue. Lol.

[ajmace] 12/2/2024 16:28

Forecast to go to 10p within a year

[parob] 09/2/2024 15:57

Added again after listening to the podcast. Like the sound of those margins. BOD have done everything to not dilute. This could go nuts if that really big order is confirmed from this market cap, plus there's redmoor and Leigh creek news to come. Hardly anyone aware of this stock currently but I think that changes this quarter.

[ajmace] 09/2/2024 14:37

Great podcast.Q1 sounds to be a very positive news time for SML

[sleveen] 09/2/2024 14:34

Thanks Richsmithsmith, podcast added to header info.

PS Warrants are for £50k so not as bad as many.

Edit: @ 9 mins "Q1 will be our big announcement period"

[ajmace] 09/2/2024 14:25

Back on track upwards again today

[gb904150] 09/2/2024 14:08

Thanks for the VOX podcast Rich.

While I didn't welcome the financing news it's well explained in the podcast. It's short term to settle fees with creditors to get things back on track at Cobre in order to satisfy the new contracts.

It's only a small raise. Yes 19% is ridiculously expensive and with warrants but overall it's tiny compared to the market cap and I've seen equity raises recently where the outcome was far worse.

For example - MEN molecular energies. Had a Mcap of £9m. Raised £0.65m (before expenses) on 26/01/24 and the share price lost 50% on the day. So £4.5m mcap was destroyed.

In comparison, I prefer SML's approach.

[slingerman] 09/2/2024 13:54

Well well back up 10% ... ;-)

[richsmithsmith] 09/2/2024 11:25

Podcast out... https://audioboom.com/posts/8455468-q-a-with-john-peters-of-strategic-minerals

[jotoha2] 09/2/2024 00:29

Looks like there is a capacity issue , large orders but unable to meet demand , clever management required .

[slingerman] 08/2/2024 16:27

Still good trading after the tree shake ... bargain prices being snapped up.

[parob] 08/2/2024 16:23

Only a small amount and much better than dilution.

[slingerman] 08/2/2024 13:37

A lot of investors sell on news buy on rumour I dont know why.Wish I had funds to buy on the traders tree shake the drop in price was a bargain.. watch the sharks buying...

[ajmace] 08/2/2024 13:03

This news should be positiveThe mms are trying to shake out shares I think

[sleveen] 08/2/2024 12:08

A new smaller client and possibly a new large client, which may prove to be challenging to fulfil.

A great position to be in.

[ajmace] 08/2/2024 10:04

Shares are clearly in demand again