Strategic Minerals Plc Share Price (SML.GB.PL)

try posting on the other sml board not the .GB.PL

During this two week period, the major client has agreed to pay arrears of US $375,000 and top up the existing deposit, held by SMG, by US $3,690,000. The major client has indicated that it wishes to negotiate the balance of the contract during June

$4m payment within 2 weeks.

John Peters, Managing Director of Strategic Minerals, commented: "SMG has now received written confirmation of the major client's intent to make payment of over US $4m in the next two weeks which would place the SML group in an attractive position to advance its various projects. "The Company will keep the market fully informed of further developments and of the receipt of funds."

As usual it beggars belief that the sp has moved at all when the activity represents about 0.003% of shares issued.

CB