Maintain a balance of cash, near term cash and explorations assets and grow the Company’s value and share price by levering off base cash flows from producing assets to develop resources projects that relate to metals and advanced materials expected to increase in demand and price as a result of the expected bourgeoning of the batteries and electric vehicle markets. This is to be achieved through:
Operating Strategy - Self sufficient
As a operator of a magnetite tailings business in the US, the Company, unlike many of its compatriots, has an underlying cash flow. The SML Board has committed to ensuring that corporate overheads, required for a listed company, are maintained within this cash flow and that any share issues are raised for project investment.
Investment Strategy– Three pronged approach to diversified minerals
arrangements at attractive prices.
(such as Cobalt, Rare Earths, Lithium and Graphite).
to five years such as Nickel, Copper and Tin/Tungsten.
This approach has been commenced and is reflected in the Company’s current project portfolio, shown below: