Member Info for Mont31

Perfectly put, Jwoz.

Agreed Traderboy!

Day-to-pay movement of the SP is irrelevant for the majority here. I genuinley believe SML will be a future crown jewel of the AIM market.

Hmmm interesting how much more civilised it is at weekends here……almost like those with an agenda, are only paid to push it during the week!

Long term holder who’s excited for the re-rate ahead, which will no doubtly come. Might not be days or weeks, but make no mistake, the fundamentals here are rock solid.

They’re not announcing it on the webinar. It will be released via RNS in the normal way, followed by a webinar later that morning.

It’s simply just the management actually giving shareholders the time of day, and allow interaction!

@Forensic505 I believe SP Angel dont explicitly say 13p. I believe it's calculated from their assessment of the projects economics. If you ask AI (sorry to be that person) to review the SP Angel note it backs this up (pasted below - using the 29th Oct report).

The 13p valuation for Strategic Minerals (SML) attributed to SP Angel is primarily based on a re-assessment of the Redmoor Project's economics using updated metal prices and an expanded mineral resource. Key components driving this valuation include: Updated Commodity Prices: The original 2020 Scoping Study used conservative prices (Tungsten: $330/mtu, Tin: $20,000/t, Copper: $7,010/t). SP Angel's updated analysis reflects significantly higher current spot prices, with Tungsten reaching ~$630/mtu and Tin ~$35,600/t, which more than triples the project's potential Net Present Value (NPV).Projected NPV Increase: Under these updated price scenarios, the project's post-tax NPV8% rises from US$128m to approximately US$400m. This ~£300m GBP valuation, when divided by SML's share count, aligns with the 13p figure cited by investors and analysts.Mineral Resource Growth: Recent 2025 drilling confirmed "exceptional" high-grade intersections (e.g., 7.19% \(WO_{3}\)) and successfully "twinned" 1980s historical holes. This allows for the inclusion of 30 historical drill holes into the upcoming Mineral Resource Estimate (MRE) update in Q1 2026, significantly increasing the known scale of the deposit.Improved Recoveries: New metallurgical test work reported recovery rates exceeding 90% for tungsten, tin, and copper, surpassing earlier assumptions and further enhancing project economics. Note: This 13p figure specifically values the Cornwall (Redmoor) asset. It typically excludes other SML interests like the Cobre magnetite operation or the Leigh Creek disposal. 

Good summary, Slurm.

Exactly. Another 150k in the bank before Xmas and final instalment in 2026.

Values have not changed. Just the structure.

Everything else remains unchanged as they clearly say in the RNS.

JaneMTC no reduction in values?

Originally purchase price was 1.9 million.

Now another 150k upfront and 1,750,000 on completion.

All other terms remain unchanged.

Unless I’ve missed something.

Glad I wasnt the only one who had to google that.

I believe this will be the case Dv....

Bitcoin…..sorry for the hostility.

We all want the SP to rise, JP to actually earn his cushty bonus/salary and the assets to come good.

I’m sure you will admit your change of direction/mentality seemed abrupt.

Anyway - let’s hope all of us LTH are rewarded. Including the one ones that been out and are now once again putting their faith (maybe naively) in SML :)

Ps pennies make pounds ;)

Congratulations on being invested since 2016. June 2016 was my first SML purchase, thankfully I sold the majority of my holding back in the 2017 rise to 3p.

Since 2017….the BOD have delivered nothing! That I agree upon.

Assets still remain and for that reason I’ve bought more over the last couple of years (or maybe I’ve stupidly invested out of sentiment for the share :o).

JP back on the Tsunami/juggernaut front. Let’s see what happens - it’s last chance saloon for him.

Bitcoin, it’s ok to admit you were just simply ramping the share. It’s clear now that’s what you were trying to do.

The rest of the LTH’s here have always been pretty balanced. Called the company out for missed deadlines, called out the mis-management of our assets, but also commended when they’ve actually done something right.

You were the “Hype”.

“Bitcoinbuyer

Posted in: SML

Posts: 5,167

Price: 0.10

No Opinion

RE: Life Support Machine22 Nov 2023 07:44

Hang in the defibrillator is en rote ...2024 is the year of SML...

6 years late... :)

bitcoinbuyer

Posted in: SML

Posts: 5,167

Price: 0.125

No Opinion

RE: The company is finished.1 Nov 2023 10:49

Wonder who is selling at that silly price

Must need the money or have a better proposition on the table

Bottom draw :)”

Come off it bitcoin! You’ve been the companies/assets biggest fan boy for the past 18 months!

The moment they announce some positive tangible news you’re completely negative hahahaha.

As Blacksheep said, in the space of 48 hours you’ve made yourself look like a joke. It’s embarrassing.

Ah, thanks for the clarification Prop. I haven't been reading this board much recently so was very confused.......although it's weird that all of sudden he pops up haha.

"as the politics of Labour’s Momentum does to that of the Tories’ UKIP wing." this made me laugh though.

I see people on here responding to Dj (assuming Djryan), but I cannot see any comments from him. He must of blocked me for calling out his nonsense in the past.

"Currently, it is not believed that the conditions associated with LCCM's PEPR approval will have a significant effect on timing of planned production and the Company intends providing clarification on this at the beginning of August.

"The Company continues seeking debt style funding for the LCCM project and believes its economic attractiveness will result in securing such funding."

Morning, I contacted the BOD. It should be submitted before the end of the month (March) and it's likely to be confirmed via RNS. It then could be up to 12 weeks to be granted, but they are hoping its quicker than that.

Interesting you should say that! I too enjoyed the ride from 0.30 to 3.00 and subsequently used to profits to help buy a house. Actually my lowest buy was 0.27!

I have however always maintained a stake in SML. The last few years have been painful - but I am still optimistic and have been taking some small top ups below 0.50 over the past few months and this is once again one of my largest holdings.

Confident we will be over 1p in the coming weeks/Months. A PERP approval and financing for LCCM could easily catapult us beyond 1.5p