Strategic Minerals (SML)

Sector:

Engineering

Index:

FTSE AIM All-Share

0.20p
   
  • Change Today:
      0.018p
  • 52 Week High: 0.30
  • 52 Week Low: 0.090
  • Currency: UK Pounds
  • Shares Issued: 2,015.96m
  • Volume: 3,485,058
  • Market Cap: £3.99m
  • RiskGrade: 283

Strategic Minerals receives R&D reimbursement from Australian Tax Office

By Iain Gilbert

Date: Friday 06 Sep 2019

LONDON (ShareCast) - (Sharecast News) - Mining company Strategic Minerals received a AUD $296,594.33 payment from the Australian Taxation Office on Friday as part of a research and development reimbursement.
Strategic Minerals collected the payment in relation to its work at Leigh Creek Copper Mine and also expected to make a further claim in 2020.

The AIM-listed group's management was in the process of evaluating funding alternatives to bring forward a portion of the second anticipated payment.

Managing director John Peters said: "The research and development reimbursement reflects the substantial works being undertaken at Leigh Creek in preparation for restoring full operations in 2020.

"The receipt confirms our expectation of cash flow from the Australian Taxation Office and reinforces our expectation of a higher amount next year."

As of 1300 BST, Strategic Minerals shares had picked up 1.46% to 1.04p.

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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 0.20p
Change Today 0.018p
% Change 10.00 %
52 Week High 0.30
52 Week Low 0.090
Volume 3,485,058
Shares Issued 2,015.96m
Market Cap £3.99m
RiskGrade 283

SML Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.98% above the market average92.98% above the market average92.98% above the market average92.98% above the market average92.98% 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
42.10% above the market average42.10% above the market average42.10% above the market average42.10% above the market average42.10% above the market average
31.43% above the sector average31.43% above the sector average31.43% above the sector average31.43% above the sector average31.43% above the sector average
Income Not Available
Growth
91% below the market average91% below the market average91% below the market average91% below the market average91% 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 21-May-2024

Time Volume / Share Price
16:40 63,000 @ 0.20p
16:40 63,000 @ 0.20p
15:47 10,215 @ 0.20p
15:44 100,000 @ 0.20p
15:34 8,004 @ 0.20p

SML Key Personnel

CFO Karen Williams

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