SP is relevant and that's why major shareholders may want to hold it low.... SVM may come back with a second offer...
Or it maybe they need sp low to get last CR approved? Not sure.
Management should keep developing the projects and talking to interested parties.
There are not many shovel ready copper projects available. Adventus was one of them... SVM made a fantastic acquisition.
I believe they are going to come back again... all it takes is another interested party.
SVM lost bidding war to PRU for ORR. Although SVM had almost 20% stake.
It can also happen here... all it takes is a new bidder
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---|---|---|
6 | 2423877 | 1.4¢ |
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7 | 5451844 | 0.013 |
5 | 3525835 | 0.012 |
6 | 3184666 | 0.011 |
12 | 3355806 | 0.010 |
Price($) | Vol. | No. |
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0.016 | 2536178 | 5 |
0.017 | 1071858 | 3 |
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