Strategic Minerals (LON:SML) (OTCMKTS:SMCDY) remains in good shape, according to its managing director John Peters who tells Proactive London the continuity of its revenue stream 'really sets us apart from other AIM companies because we've got that underlying cashflow'.
Peters was commenting on today's RNS highlighting the 8th yearly roll over of access to Cobre stockpile plus updates on operations, progress at the company’s Leigh Creek copper mine development and continuing exploration at Redmoor; which will largely be funded this year by holding company Cornwall Resources.
There has also been progress on arbitration related to a dispute around a purchaser of material from Cobre, which Peters goes through with Proactive's Andrew Scott.