dkok
14 Jan 2019
RNS Early Cobre Rollover Good news that the Cobre contract has been rolled over to 31st March 2020, notified earlier than expected which gives us a little security that Cobre income will cover us through to LCCM production starting and beyond. All we need now is the Major Client confirming that they can start to take-off thier monthly requirements and we will be back over 2p in a jiffy. glta dkok
roco200
16 May 2018
LSE webcast - John Peters third on. London South East Natural Resources Webcastwww.youtube.com/watch?time_continue=1157&v=Cb02WwMTpUo
GButts
20 Mar 2018
Re: Good News? Today's RNS This looks like good news. Hopefully the s.p. will rise on it.
NickDog
02 Mar 2018
Good News? Maybe simplistic but Trump imposes import tariffs on steel to increase steel production in USA which increases demand for Strategic's magnetite stocks in New Mexico and so increases revenue.
NickDog
27 Feb 2018
Re: RNS Leigh Creek Copper Mine Particularly liked this phrase:Once production commences and SML has a second line of cash flow, we will be in a significantly stronger position to consider cash management alternatives, which includes DIVIDEND PAYMENT as well as continuing our strategy of acquiring value accretive projects.
thehog2
27 Feb 2018
RNS Leigh Creek Copper Mine Strategic Minerals27 Feb 2018 07
03Strategic MineralsRNS Number : 9709FStrategic Minerals PLC27 February 2018 Market Abuse Regulation (MAR) DisclosureCertain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement. 27 February 2018 Strategic Minerals plc("Strategic Minerals", "SML" or the "Company"
Leigh Creek Copper Mine Conditions Precedent MetAcquisition Moves to Settlement Strategic Minerals plc (AIM: SML; USOTC: SMCDY), the diversified mineral development and production company, is pleased to announce that, further to its announcement on 25 January 2018, all conditions precedent, including the Foreign Investment Review Board approval, have now been met and the acquisition of the Leigh Creek Copper Mine ("LCCM" is to be settled within 5 business days. The acquisition involves the payment of AUD 1,500,000 (approx. GBP 850,000) and the subsequent issue of SML shares valued at AUD 1,450,000 based on the volume weighted average share price throughout the month of March. These shares are subject to dealing restrictions, with one third being locked-up for three months after issue, and another third being locked-up for six months after issue. Highlights · All conditions precedent associated with the contract for the purchase of the Leigh Creek Copper Mine have been met· Final settlement required within the next five business days· 24,900 tonnes of JORC compliant resource copper metal acquired at less than USD 100 per tonne of contained copper· Offtake Agreement in place for 100 per cent of copper production· Production rate of over 200 tonnes of copper per month expected to be reached in approximately one year · Strategic review of development options commenced, opportunities identified to increase metal recoveries and optimise cash flows A copy of the Company's presentation on the Leigh Creek Copper Mine has been added to the Strategic Minerals website and may be viewed at:[link] Managing Director of Strategic Minerals, Mr John Peters, commented: "The achievement of all conditions precedent, as expected, advances the acquisition of Leigh Creek Copper Mine to the final stage and the Board eagerly awaits the settlement of this acquisition next week. "Recent discussions with the London investment community have been positive, and many existing and potential new investors have indicated that they are encouraged by the successful restart of the LCCM. We believe that we will resume copper production in approximately one year. "Once production commences and SML has a second line of cash flow, we will be in a significantly stronger position to consider cash management alternatives, which includes dividend payment as well as continuing our strategy of acquiring value accretive projects. "The LCCM is an attractive low-cost project containing significant quantities of copper. The site has excellent infrastructure in place and we look forward to resuming production and generating further shareholder value." For further information, please contact: Strategic Minerals plc+61 (0) 414 727 965John PetersManaging Directorwww.strategicminerals.net
Soolaimon
09 Feb 2018
Re: What a buying opportunity! Yes indeed a stonking buying opportunity here.Many investors were awaiting this news as they thought that this could be what has been holding this back! I never agreed however as I thought it a certainty and will be continued to be renewed for as long as the resource is available and SML want to be involved.My take on why the sp is where it is, is that there is a large seller still offloading, probably from one of the placements. If you look at the trade patterns any rise is immediately eaten into by large sells, happened today when it spiked then in come the sells to dampen it off.Once these sells are finished then there will be serious re-rate on the cards here I can see 4/5p by the year end. Need to be patience and hold for gold!There is also a certain mm who keeps pulling this back every time there is a glimpse of any rise, once that mm lets the reigns loosen then that will be the start of the inevitable rise.I said last year this a 2/3 year hold for me, nothing has changed to alter that view. Still one of the best stocks on the casino aim 888.com market imo.Sool
roco200
09 Feb 2018
Cobre licence roll over Yes - great news
NickDog
24 Jan 2018
Re: Rns Topped up mainly in the interests of averaging down. Drilling results are always seem positive though. They didn't cover themselves in glory with delays to purchase of Leigh Creek Copper Mine. Hopefully there will be some good news there soon.
roco200
24 Jan 2018
Rns Hope this is good. Ongoing work to be self funded which is welcome
Elviron1
11 Nov 2017
Re: Turnaround Self-evidently Ripley - you could do that same basic analysis with any share that's had a good run historically!We are where we are now and the only question worth asking yourself is:Is this the right time to invest (re-invest, trade) in this company?Based on the chart and the fundamentals, I say it is and have done so.
Ripley94
03 Nov 2017
Re: Turnaround Suggested on AFE bb.Looks like Gold or Silver got in at a better time around start of the year @ around 0.5p .2.3p now .
roco200
02 Nov 2017
Podcast re: Hans Camp RNS Alan Broome on ProactiveToday 11:37[link]
penhome
29 Oct 2017
Re: Chart update Just beginning (hopefully) to rally from lower channel line[link] added here on the touch of the lower channel linePenHope this is helpful. It's just my opinion based on what I think the chart is suggesting. This is always a balance of probabilities so my opinion can be wrong and other analysts may have differing views.
penhome
22 Oct 2017
Chart update SML's weekly close was above its upper channel line. Daily RSI is moving above its bearish range, and the weekly MACD has just crossed above its signal line. So all looking positive and I plan to add here on any retrace of Friday's strong move up.[link]
