Strategic Minerals (LON:SML) managing director John Peters and non-executive director Peter Wale caught up with Proactive's Andrew Scott to update on developments at their Cobre, Redmoor and CARE Projects.
On Cobre, Peters says 'We're actually looking forward to some fairly healthy cash flow in the future''.
As far as Redmoor in Cornwall is concerned, ''We're very much in the midst of the drilling programme … it's all going to plan and we're very happy with our team we've got down there'', Peter Wale says.
''There's a chance really to produce a legacy project here'', Wale adds.
And on their decision to acquire 100% of CARE and the Hanns Camp project in Western Australia .. ''We think it's a great project'', says John Peters.
''We've been looking at things and it's looking fairly exciting for us'', Peters says.
Peter Wale adds: ''We've got high prospectivity, decent optionality … there's everything in our favour that from a probability point of view we could strike some very good results … it could be very exciting''.
