roco200
30 Sep 2017
Interview john peters on Proactive yesterday [link]
dkok
29 Sep 2017
RNS Results are as we knew previously, but the bit that caught my eye was the comments at the end as they are now saying that they look to get the market cap to £100m 'in the near term', whereas they had previously put this at a 5 year timeframe target. To me near term means a matter of months not years, so looking good IMHO, as I believe our BoD have done a pretty sterling job over the last year in getting us to where we are, with Conbre firing on all cylinders, and Care and Redmoor both looking very good. should be seeing some drilling results soon, which is why chairman isn't saying in the near term for the £100m mcap and not 5 years now.GLTAdkok
dkok
07 Sep 2017
Re: Good news from Redmoor TH2The results in the RNS look excellent from the perspective of quality of resource. It will be interesting to see what the overall reserve is when they complete the drilling in Q4, but at the moment, the preliminary results are looking very positive going forward.To me SML is quietly getting on with adding shareholder value right across its interests. Cobre is performing magnificently, Redmoor is looking increasingly promising, and Hanscamp has huge potential.IMHO the directors target to get to a £100M market cap within 5 years is looking very conservative, as Cobre alone if it keeps performing at the rate it did in August will warrant at least half of that figure, plus two other major projects.I will keep adding in my SIPP as funds and the opportunity arise. SML is being run very professionally (wish all AIM co's were!!), and the board is working in both its own and the shareholders best interests in maximising the output from Cobre to fund the exploration and expansion of value at Redmoor and Hanscamp. gltadkok
thehog2
07 Sep 2017
Good news from Redmoor trategic Minerals07 Sep 2017 07
02Strategic MineralsRNS Number : 0244QStrategic Minerals PLC07 September 2017 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. 7 September 2017 Strategic Minerals plc("Strategic Minerals" or the "Company" or "SML"
Encouraging Redmoor Phase 1 Drilling ResultsJoint Venture Partners Commit to Phase 2 Strategic Minerals plc (AIM: SML; USOTC: SMCDY), the diversified mineral production and development company, is pleased to announce the results from the first 10 holes of the Phase 1 diamond drilling programme at the Redmoor Tin-Tungsten Project being undertaken through its joint venture vehicle Cornwall Resources Limited ("CRL". HIGHLIGHTS · Successful high-grade tin and tungsten intersection in Johnson's Lode and in Kelly Bray Lode · Great Southern Lode re-interpreted as a high-grade part of the Sheeted Vein System ("SVS" · Encouraging results from discrete high-grade zones within the SVS mineralisation · SVS high-grade zone widths and grades exceeding CRL's expectations. Exceptional intercepts include: CRD007:14.8 m @ 1.00 % SnEq from 245.7 m, including 2.5 m @ 3.39 % SnEq from 257.9 mCRD009:17.5 m @ 0.68 % SnEq from 265.9 m, including 3.1 m @ 1.97 % SnEq from 280.3 mCRD009:28.2 m @ 0.81 % SnEq from 298.8 m, including 7.0 m @ 1.89 % SnEq from 317.5 mCRD010:11.1 m @ 0.57 % SnEq from 113.3 m, including 3.1 m @ 1.19 % SnEq from 121.3 m · Re-examination of historical (1980's) drilling results has identified 31 significant intercepts within SVS high-grade zones · Phase 2 exploration re-focused on further defining the high-grade zones within the SVS as these are potentially an economically attractive target for underground mining · CRL's joint venture partners, have committed a further £150,000 to continue the first three additional holes in Phase 2 and have committed to complete an additional 3 holes should they be required · All drilling is expected to be completed and reported upon in Q4, with a Resource Update expected to be released in Q1 2018 · Ongoing positive community support with Cornwall Council extending drilling consent to 31 October 2017 Commenting, John Peters, Managing Director of Strategic Minerals, said: "The initial 10 holes of the 2017 drill programme at Redmoor have shown encouraging results causing the joint venture to re-assess the most beneficial drilling targets for Phase 2. The results have caused a re-focus in our thinking that the high-grade zones within the sheeted vein system may prove a superior underground mining prospect when compared to the original, narrow, high-grade lodes. "The team at Redmoor has done an outstanding job and has recommended a further three to six holes for Phase 2 exploration. This proposal has been agreed to by both joint venture parties and is now progressing. "We look forward to bringing the market further news on the progress at Redmoor later this year and in the first quarter of 2018." 2017 Drilling Programme On 21 March 2017, CRL began Phase 1 of a 13-hole diamond drilling programme aimed at increasing the tin-tungsten-copper resource at its Redmoor Project. The Phase 1 programme was funded by the farm-in payment made by Strategic Minerals in February 2017. As a result, SML and New Age Exploration ("NAE" became equal 50% joint venture partners in CRL and, therefore, the Redmoor Project. Encouraging results in high-grade zones within the SVS mineralisation resulted in CRL's shareholders, in August 2017, extending the Phase 1 programme through the addition of two holes, with the joint venture partners equally funding a further £60,000. Currently, 14 of the 15 Phase 1 holes have been c
penhome
06 Sep 2017
Re: Chart update Bullish signals on the chart as I read it - see chart notes - looks to me as if the retrace is complete, hopefullyI'm planning to buy in today sometime[link]
sun_gam
05 Sep 2017
Promising outlook Looking good going forward
penhome
04 Sep 2017
Chart update As mentioned last Monday, the RSI going above 60 and price moving above the 50sma are buy alerts.Price is now above the 50sma. RSI is at 60.So almost there. I'd like to see a couple of days with RSI clearly above 60 before adding though.[link]
roco200
30 Aug 2017
New Proactive interview is out *8 minute interview might be worth watching.
sun_gam
29 Aug 2017
Re: Some positives on the charts.... Can see a repeat happening here
penhome
28 Aug 2017
Some positives on the charts.... Back in June, Sun_gam asked if history repeats itself. I think SML's is approaching a possible buy/top up point if past behaviour is anything to go by.Previous pullbacks have ended in the region of the 30 week sma on the weekly chart. This is where price is now.Pullbacks on the daily chart have been characterised by the RSI holding in a 35-60 bearish range. So an RSI move above 60 would be a buy alert. Another alert would be price moving back above the red 50smaIn the last two weeks, price has also created a higher low, a positive signal[link]
dkok
10 Aug 2017
Re: Good RNS Agree TH2The RNS shows very solid figures, especially the fact that over and above the purchase of the rest of CARE Ltd, and the receipt of the final payment of the rail settlement, they have increased cash at bank by $489,000.00 in the quarter, but that was based on total magnetite sales of 10,446 tons for the quarter. In July alone they have sold 7,206 tons, so the Q3 figures are going to be way ahead of the Q2 ones, giving the company plenty of scope for the funding of the Redmoor and HansCamp explorations.I believe the £100M target market cap in 5 years they are putting on the company is very, very conservative, given both the Cobre performance, and the potential from their other assets. I am quietly adding in my SIPP as funds allow as this one is going to be a very exciting share over the next few years IMHO, with HansCamp having huge potential.gltadkok
thehog2
10 Aug 2017
Good RNS Strategic Minerals10 Aug 2017 0703Strategic MineralsRNS Number : 5728NStrategic Minerals PLC10 August 2017 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. 10 August 2017 Strategic Minerals plc("Strategic Minerals" or the "Company" Q2 Update and Record July Monthly Sales at Cobre Strategic Minerals plc (AIM: SML; USOTC: SMCDY), the diversified mineral development and production company, is pleased to provide the following update on the Company's operations for the three months to June 2017 and to inform the market of record July domestic sales at its Cobre magnetite stockpile in New Mexico, USA. Operational Highlights: Cobre · Transport issues in June see Cobre quarter sales dip before posting record sales in July· New customer contract commenced June 2017 bolstering cash balances · Profit margin at Cobre for half year to June quarter maintained around 50%· Final rail settlement payment (US $175,000) receivedRedmoor· Drilling programme progressed at RedmoorCARE· Acquisition of balance of Central Australian Rare Earths Pty Ltd (CARE) completed Financial Highlights:· Cash of US$1.359m as at 30 June 2017 (US$0.695m at 31 March 2017)· All Directors' and Management's options now fully vested· Board targets a market capitalisation of £100m over the next five years Commenting, Alan Broome, Non-Executive-Chairman of Strategic Minerals, said: "Strategic Minerals continues to establish itself as a viable, long term, global minerals company with a diversified portfolio. With further strong performance at Cobre and sales ensuring that the Company is cash generative, the Company took the opportunity to acquire the balance of CARE and to push ahead with self-funded exploration at both Redmoor and Hanns Camp, as well as actively considering new projects."The cash balance at the end of June highlights the commencement of the new customer contract at Cobre. This reinforces our view that 2017 is likely to be materially profitable and we are excited about SML's potential for increasing earnings and profitability. The Board and Management continue to review both internal and external opportunities to ensure that cash resources are utilised most effectively in order to provide maximum value to shareholders." Cobre magnetite tailings operations In June 2017, delays relating to both major clients' road transport slowed movements out of Cobre. As Cobre's newest customer has a minimum monthly sales requirement, the customer made a prepayment for sales not transported which helped to bolster cash balances but was not reflected in the June quarter sales. Currently, it is expected that the tonnage associated with this prepayment will be fully absorbed within the September quarter. As a result of the resolution of these transport problems, the July 2017 sales reached a record for domestic sales in any month - $486,560 (7,206 tons). Sales and volumes details for the June quarter are as follows: Tonnage Sales (US $'000) Year 3 months to June 12 months to June 3 months to June 12 months to June2017 10,446 41,828 $602 $2,4302016 4,839 19,474 $329 $1,3202015 2,540 13,101 $170 $888 The management at Cobre has not only been
Global Nomad
07 Aug 2017
Re: comments? if we could only switch living fast and learning slow around we would be fine.
Global Nomad
07 Aug 2017
comments? no posts for a month - the share woke up today, maybe the board will too..
sun_gam
30 Jun 2017
Interesting to see this drop as happened last time only to fly up again.......Does history repeat itself?
