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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 | 0.00% | 0.25 | 0.20 | 0.30 | - | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Iron Ores | 1.58M | -9.19M | -0.0046 | -0.54 | 5.04M |
| Date | Subject | Author | Discuss |
|---|---|---|---|
| 10/7/2024 11:57 | Will at least double over the coming weeks/months. Q3 update could well be even more impressive. Added another 1,250,000 @ 0.2262p | z1co | |
| 09/7/2024 20:04 | thought this would have doubled today at least...maybe tomoro | iceagefarmer | |
| 09/7/2024 11:21 | Its been stuck around this price for years , did hit 5p at the height of the bullshiit era , presently a market cap of around £10m is about right . | jotoha2 | |
| 09/7/2024 11:02 | It will it's still under the radar. Will not surprise me at all if the shares rise 100% to 200% over the coming days. To upgrade the revenue from April by over $0.5m is NOT a small feat by any means. | z1co | |
| 09/7/2024 10:56 | If this news doesn't get the stock noticed, I don't know what will. | parob | |
| 09/7/2024 10:35 | Strategic Minerals PLC AIM:SML OTC:SMCDF Strategic Minerals jumps 50% after 'spectacular quarter' Strategic Minerals PLC (AIM:SML, OTC:SMCDF) shares jumped by 50% as it said revenues from its Cobre tailings operation in New Mexico were running ahead of expectations and would top US$4 million for the year (2024). That sales number was more or less equal to Strategic Mineral’s market cap yesterday, though, after today’s update, it has risen to £4.5 million with the shares up 53% at 0.23p. Describing the past quarter's sales as a spectacular performance at Cobre, it highlights how the market undervalues the company, the statement added. nb market cap @ 0.2p is only £4m | z1co | |
| 09/7/2024 09:33 | On 10/04/2024 after the Q1 update the management said that full year revenue will exceed $3.5m.Today after this RECORD Q2 update they have upgraded full year revenue to in excess of $4m. This is a significant increase of over $0.5m and the revenue will most likely be upgraded again after the Q3 and Q4. | z1co | |
| 09/7/2024 09:12 | shame market makers dont give a fair spread or we'd have more buying | iceagefarmer | |
| 09/7/2024 09:07 | top of the leaderboard risers now would love to see CORA, IRON, KDNC, CPX and SML in the top 5 at finish | citys2874 | |
| 09/7/2024 08:16 | Expect Money Week article this week as results exceeded all expectations. Weekend papers also likely. Happy Days Ahead.. | halfpenny | |
| 09/7/2024 08:03 | From the rns: " With over US$2m of sales (31,327 tons) in the first half of 2024, the Company considers it appropriate to upgrade the 2024 Cobre full year sales forecasts as volumes are now expected to exceed 60,000 tons (17,965 tons in 2023) resulting in upgraded revenues expected to exceed US$4.0m (US$1.6m in 2023). " | z1co | |
| 09/7/2024 07:52 | In January/February the share price increased by over 200%. | z1co | |
| 09/7/2024 07:51 | Parob Good to read your posts. | z1co | |
| 09/7/2024 07:50 | I feel that some of these posters do not understand anything about this company.The upside is unlimited | ajmace | |
| 09/7/2024 07:46 | Market cap is only £4M against $4M annual sales.Plus the potential for further upgrades in the future.Good risk/return from this level imo.Under the radar at the moment, but that can change in a flash. Let's see. | parob | |
| 09/7/2024 07:43 | Now expect Q3 and Q4 set for higher Sales and Valuation. As construction booms then minerals will only Increase in Price and Demand. Happy Days Ahead..Get on the Train make a Gain.. | halfpenny | |
| 09/7/2024 07:42 | Exciting times indeedVery few trades so farMarket. Akers are sitting on the rise | ajmace | |
| 09/7/2024 07:38 | That's one hell of an update: June quarter sales revenue of US$1.296m, up over c.250% on June quarter 2023 (US$367k) • Highest June quarter sales on record. • Full year sales in 2024 now upgraded and expected to exceed US$4.0m. Share price will continue to rise over the coming days/weeks. | z1co | |
| 09/7/2024 07:38 | Good results are they now a Takeover Target at these levels. Target 1-1.5p Got some to test the waters Interesting days ahead... | halfpenny | |
| 09/7/2024 07:24 | Great start today for SML AND CORA may see these really rally big time today and even do 100 percent plus. | citys2874 | |
| 09/7/2024 06:50 | Cobre June Quarter Sales Update Highest on Record, Forecasts Upgraded Strategic Minerals plc (AIM: SML; USOTC: SMCDY), a producing mineral company, is pleased to provide the following update on quarterly Cobre sales to 30 June 2024. Highlights • June quarter sales revenue of US$1.296m, up over c.250% on June quarter 2023 (US$367k). • Highest June quarter sales on record. • Full year sales in 2024 now upgraded and expected to exceed US$4.0m. • All outstanding creditors, excluding Directors and Management, are up to date. Cobre Sales The return of Cobre's major client and the addition of a substantial new client have resulted in the best June quarter on record. Not unexpectedly, this is an impressive 250%+ increase on the June 2023 quarter when Cobre's major client was not purchasing magnetite. However, this is also an impressive 95% increase on June 2022 sales, when the major client was active. Just how remarkable the past quarter's sales are is illustrated in the following graph which shows the spectacular performance at Cobre, further illustrating the Board's view that the market undervalues the Company. Note, the December 2019 quarter sales have excluded a one-off payment of $750,000 relating to the termination of the CV Investments contract. A graph with a line going up Description automatically generated Sales June Quarter 12 Months To June $'000 Volume $'000 Volume 2024 1,296 18,935 2,933 40,598 2023 367 4,162 1,898 23,856 2022 666 10,711 2,429 38,825 With over US$2m of sales (31,327 tons) in the first half of 2024, the Company considers it appropriate to upgrade the 2024 Cobre full year sales forecasts as volumes are now expected to exceed 60,000 tons (17,965 tons in 2023) resulting in upgraded revenues expected to exceed US$4.0m (US$1.6m in 2023). Cash Management As previously reported, the substantial reduction in sales during 2023 required careful financial management. The Company is happy to report that, with Cobre's excellent first half sales performance, creditor arrangements, excluding the Board and Management, are now up to date with one of the short-term funding facilities (AUD $50,000) now having been repaid. This leaves a further two facilities totalling AUD $100,000 expected to be repaid from Cobre sales by their maturity date in October. The Annual Report noted that, as of 31 December 2023, a substantial amount (US$360,000) was outstanding to the Board and Management in relation to 2023 remuneration and this has now increased, as of 30 June 2024, to US$518,000. Payment of deferred remuneration is likely to commence later this year and not be completed until the first half of 2025. Commenting, John Peters, Managing Director of Strategic Minerals, said: "The quarter's sales have exceeded our expectations and bode well for a strong performance at Cobre in 2024 with forecasted annual sales now upgraded and expected to exceed US$4.0m. "Management continues to progress negotiations with potential investors on both its Redmoor and Leigh Creek projects as well as seeing cautious signs of more widespread renewed investor interest. Until such time as a project related liquidity event occurs, the Company will continue to closely monitor short term cash flow and remains committed to avoiding the need for a dilutive capital raise, currently considered unnecessary." For further information, please contact: | iceagefarmer | |
| 09/7/2024 06:46 | Well that’s a nice upgrade! | troutisout | |
| 09/7/2024 06:21 | A bit of good news. Nice. | sleveen | |
| 09/7/2024 06:20 | BOOM! Cobre June Quarter Sales Update Highest on Record, Forecasts Upgraded Strategic Minerals plc (AIM: SML; USOTC: SMCDY), a producing mineral company, is pleased to provide the following update on quarterly Cobre sales to 30 June 2024. Highlights • June quarter sales revenue of US$1.296m, up over c.250% on June quarter 2023 (US$367k). • Highest June quarter sales on record. • Full year sales in 2024 now upgraded and expected to exceed US$4.0m. • All outstanding creditors, excluding Directors and Management, are up to date. Cobre Sales The return of Cobre's major client and the addition of a substantial new client have resulted in the best June quarter on record. Not unexpectedly, this is an impressive 250%+ increase on the June 2023 quarter when Cobre's major client was not purchasing magnetite. However, this is also an impressive 95% increase on June 2022 sales, when the major client was active. Just how remarkable the past quarter's sales are is illustrated in the following graph which shows the spectacular performance at Cobre, further illustrating the Board's view that the market undervalues the Company. Note, the December 2019 quarter sales have excluded a one-off payment of $750,000 relating to the termination of the CV Investments contract. A graph with a line going up Description automatically generated Sales June Quarter 12 Months To June $'000 Volume $'000 Volume 2024 1,296 18,935 2,933 40,598 2023 367 4,162 1,898 23,856 2022 666 10,711 2,429 38,825 With over US$2m of sales (31,327 tons) in the first half of 2024, the Company considers it appropriate to upgrade the 2024 Cobre full year sales forecasts as volumes are now expected to exceed 60,000 tons (17,965 tons in 2023) resulting in upgraded revenues expected to exceed US$4.0m (US$1.6m in 2023). Cash Management As previously reported, the substantial reduction in sales during 2023 required careful financial management. The Company is happy to report that, with Cobre's excellent first half sales performance, creditor arrangements, excluding the Board and Management, are now up to date with one of the short-term funding facilities (AUD $50,000) now having been repaid. This leaves a further two facilities totalling AUD $100,000 expected to be repaid from Cobre sales by their maturity date in October. The Annual Report noted that, as of 31 December 2023, a substantial amount (US$360,000) was outstanding to the Board and Management in relation to 2023 remuneration and this has now increased, as of 30 June 2024, to US$518,000. Payment of deferred remuneration is likely to commence later this year and not be completed until the first half of 2025. Commenting, John Peters, Managing Director of Strategic Minerals, said: "The quarter's sales have exceeded our expectations and bode well for a strong performance at Cobre in 2024 with forecasted annual sales now upgraded and expected to exceed US$4.0m. "Management continues to progress negotiations with potential investors on both its Redmoor and Leigh Creek projects as well as seeing cautious signs of more widespread renewed investor interest. Until such time as a project related liquidity event occurs, the Company will continue to closely monitor short term cash flow and remains committed to avoiding the need for a dilutive capital raise, currently considered unnecessary." For further information, please contact: | iceagefarmer |
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