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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 | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.20 | 0.00 | 00:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 0.15 | 0.25 | 0.20 | 0.20 | 0.20 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Iron Ores | USD 1.58M | USD -9.19M | USD -0.0046 | -0.43 | 4.03M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 0.20 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 15/11/2024 | 07:00 | UK RNS | Strategic Minerals PLC Executive Management Changes |
| 15/10/2024 | 13:22 | ALNC |  TRADING UPDATES: Strategic Minerals touts improved Cobre sales |
| 15/10/2024 | 06:00 | UK RNS | Strategic Minerals PLC Cobre Sales Update |
| 07/10/2024 | 06:00 | UK RNS | Strategic Minerals PLC CRL part of UKRI £4.5m Green Economies Centre |
| 26/9/2024 | 06:00 | UK RNS | Strategic Minerals PLC Interim Results - Half Year to 30 June 2024 |
| 30/8/2024 | 06:00 | UK RNS | Strategic Minerals PLC Confirmation of Board Appointments |
| 19/8/2024 | 12:00 | ALNC | Strategic Minerals names largest shareholder Charles Manners as chair |
| 19/8/2024 | 09:00 | UK RNS | Strategic Minerals PLC Board Changes |
| 02/8/2024 | 09:02 | ALNC | Strategic Minerals signs new licence for mineral rights in Cornwall |
| 02/8/2024 | 06:00 | UK RNS | Strategic Minerals PLC Redmoor Project Update |
Strategic Minerals (SML) Share Charts1 Year Strategic Minerals Chart |
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1 Month Strategic Minerals Chart |
Intraday Strategic Minerals Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 19/11/2024 | 18:16 | SML Leigh Creek production in 2020 | 693 |
| 10/7/2024 | 16:15 | why strategic minerals will rocket soon due to copper profits and tin mining | 104 |
| 14/5/2021 | 07:53 | STRATEGIC MINERALS WITH THE WIZARDS OF OZ | 5,298 |
| 25/7/2019 | 13:26 | Strategic Minerals - developing mining projects to feed the digital future | 293 |
| 10/11/2016 | 07:05 | SML 2016 THE STORY CONTINUES | 147 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-11-20 11:00:17 | 0.23 | 66,513 | 152.98 | UT |
| Top Posts |
|---|
Posted at 21/11/2024 08:20 by Strategic Minerals Daily Update Strategic Minerals Plc is listed in the Iron Ores sector of the London Stock Exchange with ticker SML. The last closing price for Strategic Minerals was 0.20p.Strategic Minerals currently has 2,015,964,616 shares in issue. The market capitalisation of Strategic Minerals is £4,031,929. Strategic Minerals has a price to earnings ratio (PE ratio) of -0.43. This morning SML shares opened at 0.20p |
Posted at 08/11/2024 05:27 by imjustdandy Whilst the current improvement in the Company's profitability is a welcome development, cash flow from this profitability is not substantial enough to fund significant progress at LCCM or Redmoor. With the recent additions to the Board, the Company is hopeful that their extended investment networks will result in greater potential for partnerships or access to funding pools. The current share price all but rules out funding these projects through the issue of new equity and the Board is focussed on how best to re-establish momentum in the share price. We believe the strategic nature of tungsten, as a critical mineral, in the current political climate will make Redmoor the key focus of the Company moving forward. |
Posted at 08/11/2024 05:24 by imjustdandy Need some more positive news here to confirm all on track and to keep the upward share price momentum intact. |
Posted at 02/11/2024 17:07 by imjustdandy Half Year Results / Run Rate / Full Year out turnI really don't think the market has realised whats unfolding here. Strategic Minerals had sales of $2.13m and delivered a Gross Profit of $1.74m - A GP of 81%. for the first 6 months. Overheads were $784k which enabled the business to deliver a profit of $959k. Now lets project forward using these metrics. We have already had confirmation that Q3 numbers are in the bag with another $1.23m of sales and the company expects to exceed $4.5m of sales for the year to 31/12 (8 weeks to go). If we use the same GP% and attribute the same overhead run rate I believe the following numbers are about to be delivered to the market. Sales - $4.5m Gross Profit - $3.64m (81%) Overheads - $1.56m Estimated profit - $2.08m As a stand alone business this would be worth $20m or £16m. That equates to a fair value share price of 0.8p giving holders a 400% upside if these numbers play out in less than 8 weeks time. Furthermore the company has NO debt and two additional assets. Cornwall is the prized asset now and having spent in excess of £5m acquiring the asset they are now looking to realise its huge potential and value. The board of SML will be presenting our Cornwall Asset at Mines and Money in London between the 3rd and 5th December but we are led to believe interested parties are already looking at this asset now. Our Copper asset (Leigh Creek) could either be sold outright or potentially merged with another asset before being listed on the Australian Stock Exchange according to management. Again there are parties engaged in this process and I would hope shareholders dont have to wait too much longer to hear some positive news. We now have a new Chairman and a mining specialist on the Board and I am hopeful their influence will accelerate all of the above to realise maximum value for all holders. |
Posted at 31/10/2024 01:48 by imjustdandy Recent comments from new Chairman suggests a big focus on returning the share price back to much higher levels. It's a buy for me. The current share price all but rules out funding these projects through the issue of new equity and the Board is focussed on how best to re-establish momentum in the share price. We believe the strategic nature of tungsten, as a critical mineral, in the current political climate will make Redmoor the key focus of the Company moving forward. |
Posted at 21/10/2024 04:11 by imjustdandy Should be plenty of news between now and 31/12 to treble current share price. |
Posted at 14/10/2024 06:40 by imjustdandy Expect significant progress over the next 8 weeks. Share price will be closer to 1 than 0.2 by 31/12 |
Posted at 29/9/2024 06:53 by imjustdandy New Beginning at LastThis has flat lined for over 3 years as the direction of the business has been geared towards Directors. With Charles Manners now in the Chair (who is also the largest shareholder) expect a real focus on the share price and substantial shareholder value. A lot of shareholders lost their patience these past 3 years listening to the Broome and Co which is understandable. Broome is gone and others are only 2 chairs behind him. I’m optimistic this Chairman is about to make it all happen. A NEW BEGINNING. Dont be surprised if Mark Burnett moves into the CEO role which would be excellent. |
Posted at 28/9/2024 10:38 by imjustdandy Looks like our new Chairman who is also our largest shareholder is stopping the nonsense whereby this CEO has been over promoted and over paid. This is super encouraging and will allow SML to start building cash for shareholders again. Worth reading this section v carefully. Well done our new Chairman. This is very very encouraging and will definitely feed through into a stronger share price.The rebound in the Company's profitability in the first half of 2024 has been welcomed and largely reflects the return of Cobre's major client after a 14-month hiatus. To survive the rigors of 2023, the Company extended terms on its suppliers and paid only a small portion of the remuneration due to the Board and Management in 2023 and the beginning of 2024. Accordingly, after working capital stabilised, the Company prioritised repayment of external creditors which are now in line with market norms. Early in 2023, as the largest shareholder in Strategic Minerals, I pressed the Board on the lack of progress at its projects and the effect this was having on the Company's share price. The then Board acknowledged the difficulties it was encountering in securing investors/buyers at the asset level for the Leigh Creek Copper Mine ("LCCM") and the Redmoor Tungsten and Tin mine ("Redmoor"). The Board then volunteered that, should certain milestones around funding and share price not be met in 2023, the Board would forgo 50% of its remuneration. As one of the key potential funding sources dragged onto Q1 2024, some leeway was provided and the 2023 financial accounts reflected the full amount of Directors remuneration, accruing unpaid amounts to which an 8% per annum interest rate was applied. This rate was agreed by the then Board. As the proposed funding was not forthcoming, the Board, after the AGM in July, agreed to a temporary adjustment being made in the 2024 remuneration to Executive Directors that ensures 50% of the total Board's base remuneration in 2023 is recouped by the Company. These adjustments, as they relate to the first six months of 2024, are reflected in these interim results. Repayment of short-term funding facilities, raised for working capital purposes during the first quarter of 2024, along with amounts and interest accrued to Directors, are expected to be cleared in the second half of 2024. With sales at Cobre exceeding our previous expectations, we are confident on continued positive momentum for the second half of 2024, and the Company is actively working on securing similar arrangements for 2025. |
Posted at 27/9/2024 12:51 by imjustdandy The current share price all but rules out funding these projects through the issue of new equity and the Board is focussed on how best to re-establish momentum in the share price. We believe the strategic nature of tungsten, as a critical mineral, in the current political climate will make Redmoor the key focus of the Company moving forward. |
Posted at 26/9/2024 07:18 by imjustdandy Focus is going to be on Cornwall and moving the share price much higher according to this. Cobre will just sit in the background generating cash. Board, the Company is hopeful that their extended investment networks will result in greater potential for partnerships or access to funding pools. The current share price all but rules out funding these projects through the issue of new equity and the Board is focussed on how best to re-establish momentum in the share price. We believe the strategic nature of tungsten, as a critical mineral, in the current political climate will make Redmoor the key focus of the Company moving forward. |
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