Ann: Redmoor Tin-Tungsten Project Update Presentation, page-37

If I invested on London Stock Exchange I would not hesitate to put my hard earned behind Strategic Minerals. Not investment advice, just what I would do. Take a look at the Proactive Investors video re: Redmoor Early Drilling Results.



As far as the strategy for Redmoor, it seems Strategic Minerals fully intends to progress the project to Production. They have described the project as a Juggernaut that will not be stopped. For NAE imo holding on will be the difficult bit. Gary has confirmed to me that he has no intention of selling Redmoor and every intention of moving it to production. As mentioned above, Wolf Minerals would likely be used to reduce the costs (being next door). As long as we can provide funding as necessary we are fine. If not the JV agreement gives us the option of paying our share using part of our 50% ownership, we also have a potential sale of Lochinvar Project or if need be, the dreaded CR (though I wouldn't think it'd be worthwhile at these share prices). Anyway at least we have options. Plus the longer we hold with the project progressing, the higher Redmoor's valuation will be.

Do most explorers make it to production? No. But will we still be a sub 1c share if we can? No.

All IMO of course.