Short Term Trading Week Starting: 15 Jan, page-197

STTCOMP SVM, FA Long

A few key reasons why I'm holding this one in the MT to LT and think it will do well in the ST.

From their June 2017 scoping study:
- US $301/t average operating cost
- $US 29m total development capex
- < 1.5 years payback period
- 17 year total mine life
- 44kt ave annual production
- Ian Middlemass is chairman

SVM's key point of difference is their low cost strategy. Comparison to peers below:


At a MC of 40m, I think SVM is exceptional value from a fundamental perspective.