Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The sp movement is beginning to turn yet again imho.
This may be a goid moment to top up or buy. I've just bought 200k shares.
Any good news now could see a renewed push towards 2p and I'm hoping 3p.
Good luck all
There may be loads of buys but, the vast majority of them are less than £100 in value and in most cases less than £40.
That's not going to move the sp when there are 4bn shares out there!
What's now required is good news.
Also, the candle stich chart suggests the sp will fall to at least 0.69 soon. Unless, news arrives next week or there abouts.
The sp has not settled at all. It's highly volatile and spiked on no news. That's not to say it won't rally again at a later date especially with a good news rns.
There is a gap up from last Thursday c.0.35. This may need to close before the sp can move higher. I'm not sure but, I'd be careful at this point. With 4bn shares there's a lot of traders out there and profit takers!
Today's spike on no news leaves me wondering if this is sustainable.
The sp gapped up on 23rd c.0.35. If this gap is to close then today's sudden rise may be more of a pump as there's not been any rns to support the spike.
May be good news tomorrow?
Let's hope it doesn't re-trace with a big dump!
JP's podcast is just brilliant.
https://audioboom.com/posts/8455468-q-a-with-john-peters-of-strategic-minerals
I'm glad I topped up with 1,500,000 yesterday ... this is now a dead cert for me.
Goid luck all
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.
I've just looked this GetGo company up on CompaniHouse.
They changed their name to Onunda on 14th December and appointed some new directors. It's a very small business with very few assets and low turnover.
They are based in Carlisle Cumbria and are focused on lake water pollution issues.
In my opinion they are unlikely to be in a position to fight any costly legal patent cases. Makes no sense to me and I would guess this dispute will amount to nothing.
Imho