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SML thehog2 01 Oct 2015

Interim Results STRATEGIC MIN.30 Sep 2015 071:57Strategic MineralsRNS Number : 6831AStrategic Minerals PLC30 September 2015 30 September 2015 Strategic Minerals Plc("Strategic Minerals", the "Group" or the "Company" Interim results for the six months to 30 June 2015Transformational period - JORC resource for Tatu of 6.7 Mt and successful £1m fundraisingStrong momentum in second half of the yearStrategic Minerals Plc (AIM: SML; USOTC: SMCDY), the diversified mineral development and production company, is pleased to announce its unaudited interim results for the half year ended 30 June 2015.HighlightsFinancial Highlights: · Cobre operation moves into profitability of US$162,000 for the period (H1 2014: loss US$2,441,000)· Total comprehensive Group loss reduced for the period to US$473,000 (H1 2014: loss US$2,748,000)· Raised £1,000,000 (before expenses) in June 2015 at 0.6 pence per share with the issue of 166,666,667 shares in two tranches· Cash and cash equivalents at 30 June 2015 was US$1,090,000 (31 Dec 2014: US$946,000) with a further US$792,000 received in July 2015 from the second tranche of the capital raising; cash on hand as at 31 August 2015 was US$1,552,000 Corporate Highlights: · Restructured Board and management in the period to ensure a broad expertise appropriate for the Company's strategy· Board and management incentivised with the issue of 62,000,000 options with vesting conditions of 1.5p and 3.0p Cobre Project: · Operational costs at Cobre substantially reduced with the Company performing all operations in-house rather than using contractors· Screen equipment purchased at Cobre to substantially reduce lease costs going forward· Domestic sales of 7,247 short wet tons ("SWT" (H1 2013: 12,850 SWT)· New sales arrangements instituted at Cobre which has already increased sales substantially in September 2015 with it now likely to exceed 2,000 SWT in the month Tatu Project: · Contract to acquire 100% of Tatu Project in New Zealand secured· 51% interest in the Tatu asset purchased in the period· Maiden JORC resource of 6.72 Mt of measured and indicated thermal coal estimated at the Tatu Project· New Zealand government approval for the transfer of the tenement owner· Bulk sample commenced in September 2015 to test marketability of product Australian Projects: · All the Australian projects have been or are in the process of being relinquished Commenting, John Peters, Managing Director of Strategic Minerals, said: "The first half of the 2015 year has proven to be a transformational period for the Company, as it changed direction with additional management resources being added, the acquisition of the Tatu coal mine project on the North Island of New Zealand, the raising of £1 million to commence the Tatu project, the establishment of the JORC resource for Tatu at 6.7 Mt and seasoned mining executive Mr Alan Broome AM joining the Board as Chairman. "This momentum has been carried forward into the second half of the year with the commencement of the extraction of the bulk sample for the Tatu mine, approval from the New Zealand government to the change of control in the Tatu mining licence, continued development of the feasibility study of the Tatu mine covering the sales, costs of production and funding alternatives available, release of the Australian exploration tenements, on-going negotiations with buyers and transport companies to ensure domestic sales at the Cobre mine and the continued development of the potential project at Wanbao, Jilin province, China." For further information, please contact: Strategic Minerals plcJohn PetersManaging Director +61 414 727 965Allenby Capital LimitedNominated Adviser an

SOLG Bounce456 01 Oct 2015

Lack of juicy visuals below 1000m is concerning

GSR paidtosave 01 Oct 2015

Funny in a way. my pension is soaked up in this share. Gonna be a poor retirement or ... come on Cyril ...

GKP LMIGKP 01 Oct 2015

IF(D4="CCB",IF(D7>L4,(IF(D7>M4,(IF(D7>L5,(IF(D7>M5,"!!",(M8))),(L8))),(M7))),(L7)),IF(D4="TRG",IF(D7>L4,(IF(D7>M4,(IF(D7>L5,(IF(D7>M5,"!!",(M8))),(L8))),(M7))),(L7)),IF(D4="EHB",IF(D7>L4,(IF(D7>M4,(IF(D7>L5,(IF(D7>M5,"!!",(M8))),(L8))),(M7))),(L7)),IF(D4="USPB",IF(D7>L4,(IF(D7>M4,(IF(D7>L5,(IF(D7>M5,"!!",(M8))),(L8))),(M7))),(L7)),IF(D4="OLM1",IF(D7>L4,(IF(D7>M4,(IF(D7>L5,(IF(D7>M5,"!!",(M8))),(L8))),(M7))),(L7)),IF(D4="OLM2",IF(D7>L4,(IF(D7>M4,(IF(D7>L5,(IF(D7>M5,"!!",(M8))),(L8))),(M7))),(L7)),"!!"))))))

HVN gretel 01 Oct 2015

New "acquisition strategy" Interesting interview with the CEO, in which he talks in particular about an "acquisition strategy" being kick-started after the German restructuring - now this would really get the share price moving:[link] Extract: "Ellis told Recruiter the “strongest performance” came from the firm’s US operations, where revenue increased year-on-year from £22.2m to £26.9m and GP increased from £5.3m to £7.2m. “We’ve got tremendous exposure on the West Coast to the technology boom and on the East Coast to the recovering financial services market.”The company also experienced “stunning” performance in the Asia-Pacific region, which has seen a 50% increase in net fees in executive search, a market “that quite frankly hasn’t been booming worldwide”. The region contributed revenue of £4.3m, up from £2.4m in the same period last year, and GP of £2.5m, up from £1.7m last year".

RUR forwardloop 01 Oct 2015

info [link] (LON:RUR) said it is confident of raising cash to keep going as it reviews the company’s operations.The Latin American power group is focusing on reducing overheads and assessing the value of its project pipeline, said Colin Emson, chairman.“While the medium term prospects for the group are reasonable, the company is acutely short of cash resources; the board is confident that the company will secure short term funding,” he added.Its 50% owned operating asset, the generator Energia del Sur, and its parent company, Patagonia Energy, owe Rurelec £30.7mln. Meanwhile, in Chile, on-going development has brought one of its two projects to the financing stage, which may enable Rurelec to recover some value, Emson added.Rurelec made a £14.1mln loss for the first half including write-offs in Peru and Chile and impairments on loans in Argentina.Emson said: “This is an extremely difficult time for the company for the reasons outlined above. The directors consider that the coming months will be challenging but they are determined to repair shareholder value.

SVR forwardloop 01 Oct 2015

summary [link]

CAL KEEPING CALM MIKE 30 Sep 2015

stake building Louis Norval and Directors are buying big chunks of stock .There could be a move on the company !!!

ZOX Ripley94 30 Sep 2015

Re: Sudden drop Down 9% today.

UJO Ripley94 30 Sep 2015

UP 23% TODAY. No news !

AFR ldlv 30 Sep 2015

ALAG member to Alixpartners today This is an e-mail from one ALAG member to Alixparners today that is worth to share:"I would be interested in attending any relevant update meetings, please keep me informed as appropriate. I also note the six week administrators summary report and was pretty shocked with the overhead structure associated with this case and in particular salaries and costs per hour charged, let alone hours charged for tasks that were clearly part of original functional roles within the organisation that Directors were being paid large salaries to supposedly perform, alla Linn. There is no need for you to respond to me on my total dismay on your report content. I get the material greed, power drive and selfishness that motivates and structures people's behaviour to the detriment of many 1000s of ordinary people's savings, pensions, children's inheritance etc..."

CLNR dickie3times 30 Sep 2015

Proactive article ... Over on Lse. I can't post it as my computer is not working properly?

RXP Hub 30 Sep 2015

Re: Great Update plenty of catalysts coming over the next 12 weeks and beyond.even if 801 comes in uncommercial - the next big news will be A5. Any dips will likely be seized by the savvy and risk aware.HUB

CAMK Orchard Gate 30 Sep 2015

Re: SCamkids suspended "Give OG his due, he was right about NBU and CAMK, and CTEK"And Polo (down 84% since I said sell). And AO World (down 58%). And Serco (down 71%). Oh and Monitise (down a mere 94%). Shall I continue?

SAV dickie3times 30 Sep 2015

Interim Results and Progress Report.... Today 30/9/15...Operating losses in line with expectations. The sp should not be where it is. Any lower and top up. This is near the bottom, surely?