Member Info for Traderboy1

The new drillings are still awaiting planning approval.

i thought we had all the expected results though there was a drill on Florence Road a month or so ago.

Yes this has been the financial back-story of SML for many years.

Today's tweet from our company says:

While there is justifiable excitement surrounding our Redmoor Tungsten-TinCopper Project, it’s easy to forget how unique Strategic Minerals is among juniors: having a cash generative logistics operation supporting our wider opportunities. Although it’s ‘logistics’, our Cobre operation in New Mexico is far from boring! Past copper mining activity in Silver City has generated a vast stockpile of between 650,000-700,000 short wet tons of magnetite as a byproduct – and we have long-term exclusive distribution rights to process and sell that stockpile to North American industries.

SML signed an agreement with the Duchy in 2024.

The Duchy land is right up against our Redmoor exploration area.

It is therefore highly likely that the Slanted vein system continues into the Duchy land.

Prince William does not seem averse to selling off Duchy assets to do good works.

Our asset could be multiplied many times over in the future.

It is crazy

Someone is just trying to scare long term holders into selling out.

We are far too aware for this tactic to work.

The summary of the Annual accounts looks as expected.

The Cobre results are the second highest in recent years.

A bounce back towards 6p might be on the cards today.

Yes there are multiple council postings along Redmoor road

When are people expecting the PFS to be published?

Sorry - there i s a new report but it essentially just reports today's RNS.

Strategic report the end of it’s first drill hole (CRD042) and the start of its second one (CRD043) at Redmoor in Cornwall. The mineralised Sheeted Vein System (SVS) has been intersected with the expected coarse-grained, high-grade tungsten and copper mineralisation (Exhibits 1 and 2). Strategic announces the extension of its infill drilling to 44 further holes (22,500m in total), including some holes into the exploration target to expand the resource further; each designed to intersect the SVS within a high degree of tolerance to give the best control possible on the resource envelope and convert the resource to an Indicated category. A total of three drill rigs are planned to be in action and permitting for the extra drill pads is well underway. Strategic is fast-tracking this program and intend to carry out detailed geotechnical, metallurgical, and hydrogeological studies, bringing these programmes forward earlier into the delivery timeline. We await results with interest and maintain our 14.9p fair value today

I don't think Zeus has issued a new report since the MRE

Another very positive RNS.

I am looking forward to hearing about the new Planning Application at tonight's meeting

Does there have to be a PEA in advance of the PFS?

In the mining industry, the transition from MRE (Mineral Resource Estimate) to PEA (Preliminary Economic Assessment) to PFS/OFS (Pre-Feasibility Study/Order of Magnitude Study) represents the crucial de-risking stages of a mining project's life cycle.

No way that I’ll be selling any below 18p

Your absolutely right

Tungstennann

That's right

We've waited 10 years and are now reaping the rewards.

There isn't another share where you could expect the succession of good news stories like SML.

I would expect a record closing price today.

We will surely close the gap between 5p and 14.4p over the coming months

Wow - I was expecting 18p but hey ho - 14.4p is not bad for shares bought for 0.3p

Luckily i have been a LTH for 10 years.

I believe in the project which is literally below my feet.

I know the value of the resource and will not be selling any time even at 17p.

Others need to decide for themselves.

Forensic

I agree with all that you've written.

Zeus will have to bring out a new research note soon which is bound to raise the fair value price.

I guess they will delay publication to all new large investors to buy in cheaply.........?

Is that the one for 1060516 shares ? only about £50000