Member Info for bluegrass

Personally I think talk of 20p at moment is unrealistic. Where we are at right now I think SP should be 2p to 3p. If results continue to be good, I would hope that after MRE is published we could move beyond 5p. Of course anything is possible after that, but don’t see the need to speculate about that at moment because then you get distracted into arguments about capex and funding. I think we just need to keep an eye on where we are at moment and that the SP is seriously under valuing that.

The majority of trades are quite small so when orders go in for large trades the market makers need time to place them. Don't think its anything underhand. The alternative would be them saying they can't deal with a trade over a certain size, which would not be a good thing. Also if a lot of disproportionally large trades are posted immediately in trading hours it could panic market or lead to spikes. That is also why RNS's are not generally issued in trading hours.

Good to get that cleared out of the way. Hence the move up today.

They just posted some very large late reported trades from yesterday think 3 were buys, rest were sells. A lot of stock changed hands yesterday.

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Problem is there are very few people with actual business experience in the current government. I think SML will do very well regardless of whether UK Plc also does. Private companies will see the value here. At least I think in the current climate planning is likely to be waved through.

Another meaningless post from our friend Ralph. Of course you are going to have some sellers. If no one sold there would be nothing for the buyers to buy. Its not like the mm's have a huge stash of shares there ready to buy. mm's do not like to hold shares there business is volume and quick turnover. There is always going to be an approximate balance of buys and sells.

Sorry you lost me there. 52p for what?

I’ve no problem with market makers, I think they do a difficult job creating a market. Spreads always increases when there is more volatility and tightens when things settle. Market makers are a business that make money out of volume traded, as opposed to share dealing that is really educated gambling.

Moron

Thank you 36800. I for one won’t be selling. I believe a new rising trend is forming and shall be adding more when I can.

It’s going to be a blue day for sure.

Moving up so quick my previous post already out of date.

Live price 1.232p to buy 1m or 1.15p to sell. I love it when I am right and it adds to my bank balance.

Ralph, some of us do come on here and just post honestly. You can check the trades later when they are reported if you like. If I were you I would buy in now and not wait for your mythical price drop. Being greedy never works.

Putting my money where my mouth is just added another 1m at 1.145p

Should also point out that I believe all the large late reported trades yesterday were buys. I know because a couple of the million share buys were mine, at 1.0355 and 1.038. I am already very pleased this morning.

If you were looking at charts, there is strong support at both 1.05p and 1p which I pointed out a couple of days ago. We pushed up against that yesterday and the SP should rise from here. I believe this will form a new base. Also as pointed out you can’t look at charts in isolation and with positive news flow the SP would seem very good value at this level indeed.

The bigger picture does indeed look good. But when selling starts it's a vicious circle, since no one likes to see their profits disappear or have a paper loss, even if long term prospects are good. People may sell some of their holding to hedge against this. I think a lot of people may have bought into the rise above 1p, so are not willing to hold if the drop threatens to drop below their buy price. It is important to try to maintain your capital. I think there is probably good support around the 1p to 1.05p level, so price is unlikely to drop much below that. Price will probably hang around this level and start to rise on further news, particularly the news about Leigh Creek.

Rest of forecast.

Strategic Minerals Plc is oversold on RSI14 (13). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (SML.L) For The Upcoming Trading Day Of Tuesday 2nd

For the upcoming trading day on Tuesday, 2nd we expect Strategic Minerals Plc to open at 1.16p, and during the day (based on 14 day Average True Range), to move between 1.06p and 1.29p, which gives a possible trading interval of +/-0.222p (+/-20.83%) up or down from last closing price. If Strategic Minerals Plc takes out the full calculated possible swing range there will be an estimated 20.83% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 1.20p (2.13%) than the support at 1.05p (10.64%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Strategic Minerals Plc stock A Buy?

The Strategic Minerals Plc stock holds several negative signals and despite the positive trend, we believe Strategic Minerals Plc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -4.875

Sell Candidate

Upgraded

Predicted Fair Opening Price

Predicted fair opening price on December 2, 2025 - 1.16p ( 1.42%).