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I noticed our American listing was up over 30% last night. I appreciate this was on a small volume of 600 shares but imagine what some real demand might do.

The best time to buy is while everyone is asleep.

Someone is selling into this strength in 50K chunks. Why sell now? We hopefully will be much higher by the end of next week.

With gold now at $5250 our profits must nearly equal our market cap?

I appreciate the history with GDP but at 10p this feels like paying a pound for a five pound note!

Any idea who the seller is?

I think we have a delayed sell which will be reported later. Looks like people are getting bored now, we need news if we are to move North from here.

GBGGH I agree they will take a lot of shares above the bid but they will also sell 350,000 in one lot at 7.25p. So they are getting them from somewhere?

MMs seem very happy to take lots of shares at 6.751. Perhaps we have a large background buyer.

All will be revealed soon.

That would be about right, but the question is how big?

I'm with ii too and wouldn't sell me 100K when the price was at 1.6 to buy.

Can't buy a bean even on a F or K for 100,000.

I think there some who do and they've been buying large amounts over the past couple of weeks. Onwards and upwards

Looks like the market doesn't believe it. Could be misplaced pessimism, if the results are good then you won't get back in under 4p would be my guess.

Totally agree. Now's the time to be buying in here before the run of news which we all know is coming. So many resource stocks have doubled or more over the past few months, I feel our turn is very near now.

Charles Manners, Executive Chair, commented:

"Strategic Minerals entered a new phase in H1 2025. The turnaround of the Cobre magnetite operation in New Mexico last year provided a springboard for the Company to accelerate development of the Redmoor Tungsten-Tin-Copper Project in Cornwall. We have in Redmoor the opportunity to develop a leading source of critical and strategic minerals to provide resilience to western world supply chains. Now that the Cobre magnetite operation is performing strongly, we are focused on accelerating the development of Redmoor to unlock its true value."

Can you imagine the short squeeze if for any reason the placing doesn't get approved!!

Probably because it is way undervalued. Looks like a correction is on the way.

Looks like the update will be next week now. Think they want to include April which I see as a good sign 🤞

Yes we were promised a TU before the end of April. However if April is good then I wouldn't be surprised if the announcement is slightly delayed until the first few days of May so these figures can be included.

Got to be worth a punt surely at these historic lows? It does feel that we are beginning to wake up here.