Member Info for mcadder

What about all the pumpers pumping gwmo beyond my 0.26p sell getting people to buy in up to 0.36 and now it's back to 0.25. Their incessant ramping will have caused people to be sitting on losses unlike my long term investment strategy of buying low, holding long term and crystallising a gain and not getting greedy like some.
The pump and dumpers know who they are and so do you whinging Singwhenyouwin. Everyone on here will be quietly laughing at what a complete tit you are lol

The market will wake up to this sooner or later....

"reported a “significant” uplift to the project's economic results when compared with 2019 results, with the internal rate of return rising to 29% from 19%"
"Strategic Minerals said WAI had confirmed that changes to the proposed mining schedule could bring forward high-grade production"
"WAI's updated mining scoping study demonstrated the potential for the Redmoor to be a “significant deposit”
"material upside existed with a high grade exploration target of four million to eight million tonnes, not yet included in its analysis."
"NRG Capital was working with the company to develop options to advance the Redmoor tungsten and tin project"

It's in the recent RNS. "Commencement of production" it clearly says, NOT commencement of operations plus "significant cash flows in 2021" in black and white....

"The Company continues to move the Leigh Creek Copper Mine forward with an expectation of operations commencing early 2021, subject to finance. This is likely to lead to significant cash flows during 2021.

At the same time, the Company is actively seeking funding to enable the early 2021 commencement of production and continues to review the planned operations to maximise returns from the project."

So early 2021 commencement of production..... I think it's fair to say in next week or so there will be a critical update on the funding to allow this to happen. This share could be a big mover between now and Dec

?????????????????? ????????????????

1h ago
Mining changes boost Redmoor economics via
@IntlTin

"Rather than extract lower grade material in the first few years of the mine's life, the new plan cuts to the chase..."

Tin in the News - 8 October 2020: https://mailchi.mp/508ba3b4371d/tin-in-the-news-8-october-2020
@IntlTin

#SML #Cornwall

I too am fairly positive apart from this bit.....

"Accordingly, $21.7 million of the Company's unrestricted cash has now been reclassified as restricted cash."

Question is will there still be enough money to complete the expected WI process? I don't know I really don't know now...

1hr ago
Redmoor tin-tungsten project shows rise in potential value https://extractiveindustries.co.uk/2020/10/06/redmoor-tin-tungsten-project-report-shows-rise-in-value/ via
@ExtIndustries
extractiveindustries.co.uk

21h ago
Strategic Minerals says Redmoor is a ‘world-class’ mine
@SML_Minerals
https://**********.co.uk/articles/strategic-minerals-says-redmoor-is-a-world-class-mine--abe2fbc #investing #shares #********** via
@**********

Markets are unkind and fairly volatile atm for obvious reasons but this is one I'm keeping a close eye on as company seem to be doing all the right things even if the SP is suppressed...

"Interim six-month pre-tax profit of US$261,000 (H1 2019: Loss of US$1,026,000) reflecting strong sales in the first half of the year at Cobre operations"

"Gross Profit increased 68% on the same period last year."

"The second half of the year is expected to see continued demand at Cobre as well as expected reductions in both US legal costs"

"The Board looks forward to both the results from the expressions of interest program at Redmoor and seeing the long sought after second income stream commence from the Leigh Creek Copper Mine in 2021."

Plus copper prices rebounding from the lows earlier in the year and the second income stream will be a game changer for sml.

Been watching Ncondezi closely last few weeks, should be close to a couple of positive updates with hopefully one this week. If no news tomorrow may buy some.

Bitcoin - thanks for sharing. I think that's what you call a mic drop moment haha

Making people pay premiums now even for small amounts

Maybe just maybe re the water just being perched and perhaps maybe Kerogen or CA are adding again?

Looking good - not a great deal of shares available between 3.3-3.4 so next stop 3.5p

Next leg up coming

At least there's one consolation with the recent kitchen sinking....if the SP now rallies there's no danger of getting a speeding ticket RNS lol

There's plenty of trades and mostly buys over last 35 mins what have you been smoking lol.

As for CA they most certainly have not been shorting this another ridiculous desperate post...

Looks like seller fatigue setting in. Should rise now on minimal buying pressure. If we get any half positive news on forward drilling program or financing discussions then double figures here we come...

Tomorrow opening price possibly after auction - 2.95p. Closing price Mon 3.40p.

By Weds 4.5p

Lakshmi Harmonic Trader
@HarmonicCharts
47m ago
#HUR #hurricaneenergy

One step at a time...

https://twitter.com/HarmonicCharts/status/1310238742561665030?s=20

Interesting. A large 13M buy from 4.25pm just popped up. Wonder who that could be lol