Strategic Minerals (SML)

Sector:

Engineering

Index:

FTSE AIM All-Share

0.17p
   
  • Change Today:
    -0.030p
  • 52 Week High: 0.30
  • 52 Week Low: 0.090
  • Currency: UK Pounds
  • Shares Issued: 2,015.96m
  • Volume: 14,840,369
  • Market Cap: £3.43m
  • RiskGrade: 283

Strategic Minerals joint venture appoints community advisor

By Josh White

Date: Friday 04 Nov 2016

LONDON (ShareCast) - (ShareCast News) - Minerals production and development company Strategic Minerals announced on Friday that NAE Resources - its joint venture with New Age Exploration, and owner of the Redmoor Tin and Tungsten project, has entered a consulting arrangement with Jeffrey Harrison as its community advisor for the Redmoor Project.
The AIM-traded firm said Harrison - a fellow of the Australian Institute of Mining, Minerals and a UK member of the Institute of Quarrying - will represent the joint venture in its engagement with the local community and in progressing land access for the planned drilling programme scheduled to start in the first half of 2017.

It said Harrison is an experienced mining engineer, operations manager and general manager, with more than 35 years of experience in the mining industry.

He was recently the operations manager for Wolf Minerals, where he provided similar services that were instrumental in gaining landowner and community support necessary for the development of the Drakelands tungsten mine, commissioned in 2015 and located 40km from the NAE Resources mine site in Devon.

Harrison lives in Cornwall, around 20km from the Redmoor project.

"We are delighted to have secured the services of such an experienced operator, particularly as both Strategic Minerals and New Age Exploration consider this role as critical to our interaction with the Cornish community," said Strategic Minerals managing director John Peters.

"The appointment, coupled with the company's recent oversubscribed share issue, sees the company in a good position to exercise its option over a further 33.6% of shares in Redmoor and, hence, provide the funds required to undertake the planned drilling programme scheduled for the first half of 2017."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SML Market Data

Currency UK Pounds
Share Price 0.17p
Change Today -0.030p
% Change -15.00 %
52 Week High 0.30
52 Week Low 0.090
Volume 14,840,369
Shares Issued 2,015.96m
Market Cap £3.43m
RiskGrade 283

SML Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
93.78% above the market average93.78% above the market average93.78% above the market average93.78% above the market average93.78% above the market average
75.76% above the sector average75.76% above the sector average75.76% above the sector average75.76% above the sector average75.76% above the sector average
Price Trend
34.57% above the market average34.57% above the market average34.57% above the market average34.57% above the market average34.57% above the market average
25.71% above the sector average25.71% above the sector average25.71% above the sector average25.71% above the sector average25.71% above the sector average
Income Not Available
Growth
90.86% below the market average90.86% below the market average90.86% below the market average90.86% below the market average90.86% below the market average
93.94% below the sector average93.94% below the sector average93.94% below the sector average93.94% below the sector average93.94% below the sector average

SML Dividends

No dividends found

Trades for 17-May-2024

Time Volume / Share Price
16:40 2,129 @ 0.17p
16:40 2,129 @ 0.17p
15:29 25,352 @ 0.18p
15:28 54,650 @ 0.18p
15:25 74,000 @ 0.18p

SML Key Personnel

CFO Karen Williams

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