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TSX Lithium explorer International Lithium Corp prepares to drill at Raleigh Lake Watch Now

TSX Lithium explorer International Lithium Corp prepares to drill at Raleigh Lake
Exclusive: Hardman & Co Investor Forum - Severn Trent, Calculus Capital, Volta Finance, Residential


Strategic Min. Share Chat (SML)



Share Price: 1.70Bid: 1.65Ask: 1.75Change: 0.00 (0.00%)No Movement on Strategic Min.
Spread: 0.10Spread as %: 6.06%Open: 1.70High: 0.00Low: 0.00Yesterday’s Close: 1.70


Share Discussion for Strategic Min.


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Sammybow
Posts: 285
Opinion:No Opinion
Price:1.70
Re: Cobre, Hanover
Fri 15:18
Yes, Tuesday would be good. I was hopeful for something this week, but as NM are 6 hours behind BST, then an Friday intraday RNS is now unlikely. Roll on next week. DYOR. All in my own opinion.
 
dvharrison
Posts: 5,398
Premium Chat Member
Opinion:No Opinion
Price:1.70
RE: .....
Fri 12:38
What about $4m hitting the bank account on Tuesday morning for good timing.....
djryan777
Posts: 4,806
Opinion:No Opinion
Price:1.70
.....
Fri 12:14
Would it not be lovely if we can get paid later today or Monday. 4 million in bound , hell of a jolt to our market cap at 25 million. Throw in positive vibes on other projects and it’s an interesting month at SML that could see us substantially re-rate.
DGR1980
Posts: 7,337
Opinion:No Opinion
Price:1.70
RE: All Quiet
Fri 10:49
Quiet is fine by me.

Want to get more around this price in a fortnights time on payday.

Hopefully the updates will happen after that
stockdale
Posts: 5,682
Opinion:No Opinion
Price:1.70
RE: All Quiet
Fri 10:46
Yup, more than likely a small sell. Everyone waiting for this $4 million. You might just think some FOMO would kick in though. If I had any spare cash this would be where it would go.
troutisout
Posts: 762
Opinion:No Opinion
Price:1.70
RE: All Quiet
Fri 10:36
That was a sell, could sell at over mid price all morning...

Don't agree with the US buying argument, most of the trading is us, small PIs. US investors would not be investing in SML, far too difficult to do and with the amount of US companies they can invest in, I think most wouldn't have even heard of AIM let alone little old SML.

The $4m is key and I can understand people wanting to wait until it arrives before investing, others have taken a position before that, but at the moment the Jury is out.
dvharrison
Posts: 5,398
Premium Chat Member
Opinion:No Opinion
Price:1.70
RE: All Quiet
Fri 10:28
The $4,065,000 provides a number of options for the BoD, not only paying for 100% Redmoor ownership and moving it forward, but also to expand and speed up LCCM production (remember AB talked about ramping up production to 1,000 tonnes per month!). Maybe spend some money on Hanns Camp too....
ricohrover
Posts: 236
Opinion:No Opinion
Price:1.70
RE: All Quiet
Fri 10:13
Hoping no news is good news. So tempted to get some more and may miss the boat but personally want this 4 mill in the bank first to secure long term growth. Presume a lot of potential buyers in same situation so could go either way. Like I mentioned yesterday only wakes up when America wakes. Come on Yank my Doodle it’s a Dandy need your dollars in the bank!!!
stockdale
Posts: 5,682
Opinion:No Opinion
Price:1.70
All Quiet
Fri 10:07
Just one very small buy this morning?
dvharrison
Posts: 5,398
Premium Chat Member
Opinion:No Opinion
Price:1.75
Only
Thu 10:02
a few days until the AGM. The BoD has released news just preceding the AGM in the past 2 years so I'm 'expecting' an update on one of our projects ahead of Tuesday. LCCM maybe (if not cobre)....
ricohrover
Posts: 236
Opinion:No Opinion
Price:1.75
PM!!
Thu 09:33
Monitoring this little share and can’t help but notice that very little buying/selling normally for mornings and only starts to pick up lunchtime onwards. USA waking up then and recently been a lot of buying in afternoon. I for one am hoping that is a very good sign with next big news coming from America. Hoping this pattern continues for a wee while but this currently my favourite share this year- rest of portfolio nearly all down. With all the impending news can’t help but how this share could be life changing. Maybe somebody should bring it to attention of Neil Woodford as he needs a little help with his current investing strategy!!
blacksheep15
Posts: 1,603
Opinion:No Opinion
Price:1.725
RE: ....
Wed 23:08
Just as long as the 5.5p party gives me 3 weeks notice to brew the beer ;-)
djryan777
Posts: 4,806
Opinion:No Opinion
Price:1.725
....
Wed 19:59
Blacksheep the 5.5P party Commeth. JP and everyone will be beavering away regardless , plenty of times they have said they have interest from funds and companies asking what we could do with money , the big value is not letting any of them to the table and navigating cash flows ourself. Easy to see how everything finds itself with the right cash flow management.

We still have a company circling wanting to partner on a new copper recovery technology , a moveable plant. Sounds very interesting and exciting and I don’t think that should be discounted from left field news along with Hans camp and extra life out of cobre.

Just to state right now , 4 million hits the coffers and this SP is dust in my opinion , I won’t be selling a bean till much higher up , next 2 weeks will be interesting for sure !!
djryan777
Posts: 4,806
Opinion:No Opinion
Price:1.725
....
Wed 19:50
No problem at all with certain posters that maybe think I’m busy boasting about my holding. Quite frankly I am , but it serves to give confidence. I think I’ve proved my point from 12-18 months ago when I was trading a few that I had a steadily growing major holding. When it hit 1.28 I doubled my holding but excellent newsflow surrounding Leigh creek has had me accumulating much higher up , I now consider anything under 2P excellent value.

Around late this year we will have a full approvals to start a fully fledged mining operation and to move to 300 tons.

If we do what they say which looks very achievable then we have serious cash flows and the “Tsunami of cash” JP talks about. Not many companies ever start mining never mind generating cash flows.

At the minute cobre without the major client covers all operational needs. For me we have 2 scenarios here.

1.Major client pays and in one swipe we have the money for Redmoor , faster ramp up at Leigh creek and money to throw at Hans camp speculating on rare earths and Nickel sulphides. To get the major client back taking delivery and renegotiating the contract to take even more will really see this re-rate. If we are to believe this is all going to happen from the letter of intent and the board saying it’s due to expansion then it’s understandable that cash flow is to the wire and capex overruns are common. Likely the Major client is just refinancing funding lines , sounds plausible to me.

Scenario 2
Major client fails to pay and they forefit 1 million dollars and we sue them for damages, in the meantime our smaller customers cover overheads so we just need a loan or a small dilution to cover Redmoor. Don’t forget we are buying half of a major asset with a book value higher as a 100% proposition hence why tapping us shareholders if need be is ok by me.

Reasons why I think they won’t do this is debt would sit ok on the books with major cash flows expected. Directors won’t want to dilute their shareholding. They are aligned with us.

All the evidence points to no conspiracy and the major client coming through as they won’t want a legal litigation. They need the material.

Logical compromise or payment in full is what I’m expecting.
blacksheep15
Posts: 1,603
Opinion:No Opinion
Price:1.725
RE: alright fairplay
Wed 19:33
Never trust a man who doesn’t buy his round!
thelearner
Posts: 50
Opinion:No Opinion
Price:1.725
RE: DJ
Wed 18:36
DJ - keep on posting - I enjoy your posts. I really only found out about SML due to this board between 12 and 18 months ago, when price was about 1.9p, and I kept on buying all the way down with average now around 1.6.

I really enjoy with keeping up with everything through this board.
dotcom999
Posts: 655
Opinion:Strong Buy
Price:1.725
DJ
Wed 18:18
Pretty sure he made it clear that he had a long term holding and was upfront about trading sml as well but he has been buying non stop, lately so all good in my book.
knokke
Posts: 88
Premium Chat Member
Opinion:No Opinion
Price:1.725
RE: alright fairplay
Wed 18:01
:-)
majortennis
Posts: 221
Opinion:No Opinion
Price:1.725
alright fairplay
Wed 17:46
no offense meant to non drinkers the quote just popped into my head and most of what i post here is comprised of soundbytes. i'll pipe down too
knokke
Posts: 88
Premium Chat Member
Opinion:No Opinion
Price:1.725
RE: I suspect multiple accounts
Wed 17:12
Your comments on the stock are far more interesting than attempts to lower the tone that reflect more on you.

"i observe a BB before i take my position, i doubt I am alone. bickering is as bad a sentiment as negativity."

Don't drink either.
majortennis
Posts: 221
Opinion:No Opinion
Price:1.725
I suspect multiple accounts
Wed 16:59
never trust a man who doesn't drink
Chinedu17
Posts: 1
Opinion:No Opinion
Price:1.725
Re
Wed 16:47
I am a LTH and like DJ's comments which are informative and confidence boosting. Carry on DJ!
djryan777
Posts: 4,806
Opinion:No Opinion
Price:1.725
Majortennis
Wed 16:27
I’ve been on a journey at my beginning of my investment and did get jitters and question things. Fellow board members and my own research gave me confidence along with the board of directors and progress. I constantly evaluate my portfolio. What I can say is I’ve been accumulating for a long time now and been riding the bumps.

Times flying and I’m loving supporting this project and won’t be going anywhere. If my Easter next year we have only produced 10 tons of copper then I maybe might start to question things !

I always said I’d post when investing. I was going to leave it till July but decided to take the opportunity to increase.

I might not be everyone’s cup of tea but I am heavily invested as I believe 100% in the direction of travel here.

I shall ‘pipe down’ now :-)

The only time I’ve changed my mind in the last year is to buy more when I said I was done. Sorry for been greedy. If I’m guilty of toying with my holding in the early days then so be it.

SML is u unique in that it genuinely does things with great communication and thinks of us small PI’s

I am invested in the people as well as the projects and what a team we have of professionals.
MutleyInferno
Posts: 112
Opinion:No Opinion
Price:1.75
RE: .....
Wed 16:05
You carry on doing whatever you want DJ. I for one find your posts an interesting read and I agree it's always encouraging to see a fellow investor buying in and acknowledging the fact.

You have clearly stated your target is 1% on numerous occasions and I can't see any problem whatsoever with you commenting on how much closer you're getting to your target.
majortennis
Posts: 221
Opinion:No Opinion
Price:1.725
RE: .....
Wed 16:00
Pipe down, you change your tune like you change your socks, by your own decree you're meant to be silent until July. Also you were as bad as nickel when you first arrived. Shame you're not going to attend the AGM would have been interesting. JMO DYOR




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