Second client in the bag8 Feb 2024 12:35
Brilliant news .....
Cobre Sales Update and Cash Management
Strategic Minerals plc (AIM: SML; USOTC: SMCDY), a profitable producing mineral company, is pleased to provide the following update on Cobre clients and corporate cash management.
Highlights
· Additional new client added with expected volume of circa 5,000-7,000 tons pa.
· Existing major client's payments commenced in line with tonnage collected.
· Expected 2024 revenues, incorporating the new and major client, to exceed US $3.5m.
· Short-term working capital funding facility undertaken.