Share Name Share Symbol Market Type Share ISIN Share Description
Strategic Minerals 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
  -0.05p -2.74% 1.775p 1.65p 1.90p - - - 0 07:32:50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 1.3 0.3 0.3 6.7 22.11

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Date Time Title Posts
13/8/201713:21STRATEGIC MINERALS WITH THE WIZARDS OF OZ4,761
10/11/201607:05SML 2016 THE STORY CONTINUES147
01/3/201611:18Strategic Minerals2,380
25/9/201500:10STRATEGIC MINERALS AND THE WIZARDS OF OZ95
25/9/201500:10STRATEGIC MINERALS and the Brainless Mug Punters6

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DateSubject
20/8/2017
09:20
Strategic Minerals Daily Update: Strategic Minerals is listed in the Mining sector of the London Stock Exchange with ticker SML. The last closing price for Strategic Minerals was 1.83p.
Strategic Minerals has a 4 week average price of 1.60p and a 12 week average price of 1.60p.
The 1 year high share price is 3.65p while the 1 year low share price is currently 0.22p.
There are currently 1,245,825,560 shares in issue and the average daily traded volume is 8,378,030 shares. The market capitalisation of Strategic Minerals is £22,113,403.69.
10/8/2017
07:37
pauliewonder: Wow, what an rns. A couple of highlights: -- Transport issues in June see Cobre quarter sales dip before posting record sales in July Sales are up 4-fold since 2015 and doubled since last year! -- New customer contract commenced June 2017 bolstering cash balances Now cashflow positive, demonstrated by adding nearly $1m to bottom line between March 2017 and June 2017 (Cash of US$1.359m as at 30 June 2017 (US$0.695m at 31 March 2017) -- Profit margin at Cobre for half year to June quarter maintained around 50% Very impressive given the ramp up in production and will ensure the company is very profitable moving forward, potentially this margin could even get bigger with EOS -- Board targets a market capitalisation of GBP100m over the next five years Great to see a focus on not just company performance but also shareholder value. Note the comment about internal and external options being considered. Given how profitable the company is, it wouldnt surprise me to see a special dividend to shareholders. And finally a comment which is very exciting: "Over the period, the parent entity continued to maintain a tight control on overheads which remain, on an annualised basis, under US$1 million (excluding variable project review costs, foreign currency movements and non-cash adjustments). With sizeable cash flows and receipt of the final rail settlement payment, the Company has a healthy cash balance, which at 30 June 2017 was USD 1.359m (31 March 2017: USD 0.695m). Given the level of profitability being currently generated from the Cobre project, these balances are expected to build throughout the year despite committing funds to development projects. During the June quarter, the remainder of Directors and Management options became vested as the share price had a sustained period above the final vesting requirement of 3p per share". At under 3p this is an absolute bargain.....very happy with the rns, as you might tell.
28/6/2017
16:00
pauliewonder: Just topped up. I like the interview on Monday. I also think this statement is very encouraging (from the Strategic Minerals PLC Update for the quarter to 31 March 2017 on 21/04/2017): With the share price now trading at almost four times the last placement level, the Board and Management feel vindicated by their restraint. The existence of management options vesting at 1.5p and 3.0p indicates that the Board and Management believe there is still significant upside potential in the Company's share price over the next 18 months.
31/5/2017
08:25
wirraltrader: Anyone have any idea why the share price is dropping so fast ?
25/5/2017
14:25
bountyhunter: back in after out too soon albeit for a small profit; there's an investor evening at 18:30 today: "Strategic Minerals Investor Evening - London, 25 May 2017 Strategic Minerals PLC (AIM: SML; USOTC; SMCDY), the diversified mineral production and development company, is pleased to announce that it is hosting an Investor Evening on Thursday 25 May 2017 at 18:30 at the Blue Anchor, 13 Lower Mall, Hammersmith, W6 9DJ. At the event, Strategic Minerals MD John Peters will give an update on the Company's activities across its cash generating Cobre magnetite tailings mine in New Mexico, USA; its CARE Nickel Sulphide project in Australia; and its Redmoor Tin/Tungsten project in Cornwall, UK. In addition to MD John Peters updating investors on Strategic Minerals' 2017 progress, mining house, share price Angel will give a presentation on the latest trends in the cobalt market. To register for the event please visit the following link: hxxp://www.strategicminerals.net/contact-us/may-shareholder-meet.html or visit the Company's facebook page (Strategic Minerals plc)." Http://uk.advfn.com/stock-market/london/strategic-minerals-SML/share-news/Strategic-Minerals-PLC-Strategic-Minerals-Investor/74364808
05/5/2017
07:21
nateroyd: With this rns will the share price go to 2.75?
20/4/2017
09:28
bountyhunter: Strategic Minerals Investor Evening - London, 25 May 2017 Strategic Minerals PLC (AIM: SML; USOTC; SMCDY), the diversified mineral production and development company, is pleased to announce that it is hosting an Investor Evening on Thursday 25 May 2017 at 18:30 at the Blue Anchor, 13 Lower Mall, Hammersmith, W6 9DJ. At the event, Strategic Minerals MD John Peters will give an update on the Company's activities across its cash generating Cobre magnetite tailings mine in New Mexico, USA; its CARE Nickel Sulphide project in Australia; and its Redmoor Tin/Tungsten project in Cornwall, UK. In addition to MD John Peters updating investors on Strategic Minerals' 2017 progress, mining house, share price Angel will give a presentation on the latest trends in the cobalt market. http://uk.advfn.com/stock-market/london/strategic-minerals-SML/share-news/Strategic-Minerals-PLC-Strategic-Minerals-Investor/74364808
28/2/2017
12:31
cautoussid: like how the number of buys moving share price up more
28/2/2017
10:36
cautoussid: like to see how MMS now positioned with 5 MMS ON 1P some nice buying building up again ,hoping some more sellers may clear then hoping to see another move up with share price
16/2/2017
07:00
cl0ckw0rk0range: Why invest in SML? LSE- no debt, warrants or dilutive financial arrangements - solid trustworthy management, the best i know in this market, with bod/management holding significant shares - cash generative covering day to day operations with a surplus (rare on micro caps, AIM, and i think the accounts that are due shortly will show a better than expected profit). - negotiation of cobre contract underway for 3-4 year deal (currently 1) - several projects that could propel the business to a new level, even minimum success at one project will more than cover the current valuation so little down side great risk / reward. - a promise of no dilution until minimum end of 2017 - a market of increasing commodity prices - updates due and planned activities to add value into 2017 - close neighbour at HC uncovered a giant with similar initial results to SML - Redmore project could hold significant value alone possibly of multiples of current market cap, also an already proven resource in place - 2 projects should be worth 70m each according to CEO! (140m is a share price of 10-12p!) - Bod options at 1.5p and 3p - so id imagine they believe that they will be able to take these up! if someone can think of any negatives im listening...
25/5/2014
11:17
touchtype: COMMUNICATIONS WITH SML Contents Q and A with John Peters 06 April 2015 regarding Tatu in New Zealand and Wanbao in China. Copy of a post by marab on his telephone conversation with James Chisholm a significant shareholder in SML posted 03 March 2014 Copy of a post by thehog2 on his meeting with Julien McInally SML Director and temporary non-executive Chairman posted 23 May 2014 Email to Cyprus Steve from Julien McInally 09 December 2014 xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx Q and A with John Peters 06 April 2015 Q ‘The exercise of this Option is subject to regulatory approvals by the New Zealand authorities for change of control of the mining permits held by KCM and SML providing to the vendors of KCM proof of financial capacity to commence the mine.’ How will this proof of financial capacity be achieved? A The proof of financial capacity is only to the vendors who, as they are relying largely on production, wish to see that we have the capacity to commence mining rather than just sit on the asset. Q ‘Production cash flows expected to commence within one year of full acquisition’ Will there be any income from Tatu before all the work is completed? A Early indications are that, during the first year, we will upgrade access roads and construct a new mine shaft. During the construction of the mine shaft, we anticipate recovering around 100,000 tonnes of coal. Q Is the current rail network able to cope with the tonnage ? A There is a rail network which is in disrepair and early figures relate only to road transport. Q ‘Initially, production volumes are expected to be around 200,000 tonnes per annum, upon completion of the mine shaft.’ Is there an upper limit on planned production? A The current constraint will revolve around the road transport access. If larger production is warranted, then negotiations with the re-institution of the rail will be entered into. Q Is the 200,000 tonnes based on current off take agreement possibilities? A This is consistent with the likely demand expected. However, should greater demand be forthcoming, we are likely to increase production. Q ‘Recent feedback from sales enquiries supports the Company's aim of securing a US$10 per tonne after tax profit margin, which would indicatively result in an after tax return in excess of 25% p.a. on current estimates.’ Does this mean US$10 after all production costs, royalties and local taxes? A Yes Q Does it include CAPEX and OPEX? A Yes Q Is the 25% return on combined CAPEX and OPEX? A Calculated on a DCF basis using forecasted CAPEX, Revenues and expected OPEX, royalties and NZ taxes. Q There is a fear of SML buying something in China. Presumably this is not the case and hopefully there will be some equity for services rendered rather than big cash investments. Is there an intention to have an advisory arm to SML to take on other projects like Wanbao? A No there is no intention for an advisory arm. Wanabo has the potential to be a big project for SML or could wind up being nothing. xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx 03 March 2014 Copy of a post by marab on his telephone conversation with James Chisholm a significant shareholder in SML JC has corrected my notes of my phone conversation with him and they are as follows. I am posting this on ADVFN, II and LSE so as many shareholders as possible can see it. JC made it clear that the new board including Julien McInally and Lyle Hobbs should run the company although he will be happy to pass on any projects he thinks might suit the company. JC has full confidence in the new directors to get SML back on track once they get through the initial review of past decisions and sort out legacy issues. The point was made that not only does Lyle Hobbs have a great deal of mining experience (something greatly lacking in SML over the past couple of years) but he also lives just a couple of hours from the Cobre site. Julien McInally is not an engineer but has been involved in evaluating many mining projects and is well aware of the value of communications with shareholders and the markets in general. It might be worth having another look at the SML RNS for a fuller description of their skills and experience. http://www.investegate.co.uk/strategic-minerals--sml-/rns/directorate-changes-and-withdrawal-of-requisition/201402101554117221Z/ There will be a bit of a delay until the nomad clears the new directors through the AIM paperwork, but we can expect changes to be made as soon as that is completed and we can expect news over the coming weeks and months. We can probably expect overheads to be much reduced. JC pointed out that another of his interests in mining has 5 times as many people as SML for much the same overheads, albeit some of these are part-time employees. I got the clear impression that JC is not the kind of man that will waste company money. He pointed out that the total bill for drilling Cobre 1 was $57,000, less than a month’s salary for PH and JF. New projects are something that all shareholders want to hear about and JC said that he is constantly being brought potential new projects and will be more than happy to pass on suitable ones to SML. He made the point that many are brought to his attention by shareholders in various companies he is involved with. He is interested in simple bulk projects with good cash flow prospects. Targets are smaller projects that the medium and large players are not interested in. He also pointed out that these smaller projects have normally been explored and often drilled by larger companies then discarded due to their small size. That obviously offers large savings as much of the exploration information has already been gathered. He is of the opinion that these relatively smaller projects are in abundance and that the new directors of SML have already begun reviewing some prospective projects. JC is in favour of working smaller projects and using the profits (profits meaning cash into the company as opposed to cash paid in director salaries) to take on bigger projects. He would not be interested in complicated mega projects. Personally I agree with that way of working as initial capital costs are kept to a minimum and there is less chance of being affected by future adverse trends in the commodity market or changes in local legislation. At the end of the day it is profits per tonne that makes a company profitable not the amount of revenue generated. The website has been a cause of complaint for many people for years. Both of the new directors intend to update the website as soon as possible as they appreciate the value of a website to shareholders and other stakeholders. We can expect not only an updated website but one which will continue to be updated. I got the impression from JC that shareholders are not a crowd of moaning swine to be ignored but rather a resource to the company. Shareholders will be actively encouraged to contact SML with anything that will improve the way SML operates from pointing out errors on the website to suggesting projects to look at. JC also made the point that many Australian investors bought shares in SML at 14p and he was quite keen to see the share price get back to that level at least, as soon as possible. He would also like to see a move from AIM to the main LSE market in the future. xxxxxxxxxxxxxxxxxxxxxxxx 22 May 2014 Copy of a post by thehog2 on his meeting with Julien McInally SML Director and temporary non-executive Chairman Times they are a changing..... Good morning, Yesterday morning (22 May 2014) I met our new Executive Chairman Julien Mcinally for a coffee, not far from the SML offices in Mayfair. He has obviously got a ton of work on his plate, getting up to speed on the company's details, and with the need to get the accounts out pretty soon, but he was kind enough to make time for me. He is meeting at least some investors and at least one broker, although it will be for them to identify themselves. Just watch the BBs in the next week or so, I'm certain there will be leaks. In setting up this meeting, one thing stood out, and that was the speed of communications, he replies to emails! Decisions made immediately! This being something which was sorely missing under the previous regime. Having met the guy, I found him straight talking with no nonsense or BS, good to talk to and clearly an achiever. (Why else would JC have him on the payroll?) I'm pretty certain this will be mirrored in the way he runs SML. Given that Julien was schooled in the Australian ethos of proper communication with stockholders via relevant RNS's and reporting I think we will see that the good start made with the recent RNSs will continue. Everyone reading these BB knows that I, along with many other loyal shareholders, am sitting on horrendous losses, I therefore have an obviously interest in seeing the company turned around as quickly as it can be practically achieved. I'm not looking for a pumping operation but a solid focus on realising the value of Cobre by pursuing higher value markets, like coal washing. Those of you who attended the last two AGM's heard me ask for just that, and I was refused on both occasions. This, while the rest of the team look at other projects that are near term cash generative. Thinking about that pumping, why would there be any need for pumping? All the new boys have to do is actually achieve something, and the share price should bounce all on it's own IMO. I know it will be frustrating to read, but nothing that wasn't already in the public domain could be discussed, sorry but those are the rules. If I was on the inside and had huge amounts of secret detail, I would not be able to report anything anyway. I think as a single shareholder, neither a broker nor an II, I'm pretty lucky to have been squeezed in for a coffee. As the focus is now entirely on domestic sales, and those sales need to cover current overheads, a US website in addition to a UK one is now being prioritised. I told Julien this should carry the slogan 'American Magnetite-American Jobs-Australian Know-how', he laughed so I suspect he will not be sending me a regular Royalty cheque, but I can live with that if they design the website to reach out to companies in the market for dense media, for whatever purpose. SML have an obvious price advantage over the largely imported magnetite currently in use, as New Mexico is a lot closer to the end users than say, Chile or China, so they need to set up their stall and get selling. Those new projects? Crucially from my point of view, Julien said they will look at tailings pits containing different commodities, not just iron ore, as that will protect the company from exposure to a single commodity and it's price, as we have now. That was after all the plan mentioned at the last AGM, the big difference between what we were told last year, and now, is I believe they will actually get on and do it not simply talk about it. One only has to think of all the tailings pits containing gold, copper silver etc that are scattered around the world, lots of them are in the USA. They wont all have legs, and for one reason or another will prove non-viable, but if these chaps can't find them how did they manage Atrum and Fertoz? Times they are a changing, lets hope it's soon. TH2 xxxxxxxxxxxxxxxxxxxxx Email to Cyprus Steve from Julien McInally 09 December 2014 "Steve, Thanks for your interest and it is good to have continued support of shareholders. Just to give you a summary of things. We have been focused on improving domestic sales at Cobre and trying to put a business case together to get into the Heavy Dense Media Market. We provided an update on our testwork late in October 2014 and we are continuing to progress this down a number of fronts. We have been reviewing projects since our appointment in May which is when the share price was 0.6 pence. We were left with a legacy and are trying to turn things around and I can tell you we have been very active in project identification, review and negotiation. As you can understand, it is not sensible that we to come out and announce deals that we are looking at before we consummate one. But we are active on this front and we have told the market that. We have greatly reduced overheads and have cut directors salaries from US$1.3M to now on an annualised basis being below US$0.35M. Having taken on the role of essential three directors has required that I take on a large portion of the administrative load in addition to project review etc which is why I continue to find myself short of time. Trying to rebuild from where we were will have its challenges but one that both your directors are showing commitment to by investing in SML recently. I hope that we can provide an update to the market at the appropriate time. Kind regards Julien McInally"
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