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Share Price: 0.20

Bid: 0.15

Ask: 0.25

Change: -0.025 (-11.11%)

Spread: 0.10 (66.667%)

Open: 0.225

High: 0.225

Low: 0.20

Prev. Close: 0.225

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IN BRIEF: Strategic Minerals Says Leigh Creek Funding Needs Lower

Mon, 09th Nov 2020 14:35

Strategic Minerals PLC - Leigh Creek copper mine in South Australia - Following review, says project funding requirement reduced to USD2.2 million. Total project pretax cash rises by USD5 million to USD35.4 million, giving a net present value of USD26.7 million. "Asset level funding discussions continue and additionally include the option to fund via an ASX listing or pre-IPO offering," Strategic adds.

Current stock price: 0.37 pence, down 14% on Monday

Year-to-date change: down 46%

By Eric Cunha; ericcunha@alliancenews.com

More News

21 Jul 2016 15:24

Strategic Minerals accepts settlement offer over Cobre rail works

(ShareCast News) - Diversified mineral development and production company Strategic Minerals announced on Thursday that it has accepted a settlement offer in relation to its claim over rail works for the Cobre Mine in the US. The AIM-traded firm said the settlement totalled $0.675m, to be paid in in

21 Jul 2016 09:21

Strategic Minerals Accepts USD675,000 Settlement Over Railroad Dispute

15 Jul 2016 15:45

Bushveld Minerals Postpones Completion Of Strategic Minerals Purchase

21 Jun 2016 07:58

Strategic Minerals Raises Funds To Go Towards Redmoor Option (ALLISS)

16 Jun 2016 16:21

Strategic Minerals finds nickel, platinum traces at Hanns Camp

(ShareCast News) - Strategic Minerals, the multi-minerals production, exploration and development company, said it had completed the maiden drill at its Hanns Camp project in Australia with encouraging prospects for nickel and possibly platinum. The company added that it had also received the first

16 Jun 2016 08:52

Strategic Minerals Finds Nickel And Platinum Intervals At Hanns Camp

14 Jun 2016 15:02

UK Shareholder Meetings Calendar - Next 7 Days

8 Jun 2016 08:27

Strategic Minerals Gets More Nickel Sulphides Shows At Hanns Camp

31 May 2016 15:55

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31 May 2016 13:01

Strategic Minerals shares soar as Hanns Camp drill hole finds nickel sulphates

(ShareCast News) - Strategic Minerals shares soared as the company reported that the first drill hole at its Australian Hanns Camp project has intersected nickel sulphides. The sulphides present include pentlandite and exist in a low level disseminated form at approximately 286m downhole, it said

31 May 2016 10:38

Strategic Minerals Finds Nickel Sulphides In First Hanns Camp Hole

26 May 2016 09:20

Strategic Minerals Inks Deal For Up To 50% Stake In Redmoor

23 May 2016 15:46

Revenues slide but losses narrow at Strategic Minerals

(ShareCast News) - Minerals production and development company Strategic Minerals announced its final numbers on Monday, with a cash position of $1.05m on 31 December 2015. The AIM-traded firm said that during the year, it secured an early agreement to extend the Cobre mining rights to March 2017, a

23 May 2016 09:02

Strategic Minerals Examining Opportunities As Annual Loss Narrows

19 May 2016 10:50

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IN BRIEF: Strategic Minerals Says Leigh Creek Funding Needs Lower

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