The board are doing everything possible to fast track their graphite assets into projects and production.
Certainly delivering on everything they have stated but as with all new projects there will be the inevitable hurdles however once off take agreements - mining license granted and production commences - Malingunde will only be one several projects that will follow and be straight forward to progress into production.
Similar to iron ore projects in the Kimberley. Once one commences companies increase productivity with new projects. The key of course is quality product and demand. SVM have a quality product at a very low cost.
sovereign is a long term buy !, page-2
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Last
68.0¢ |
Change
-0.015(2.16%) |
Mkt cap ! $407.9M | |||
| Open | High | Low | Value | Volume |
| 68.5¢ | 69.5¢ | 67.8¢ | $241.1K | 352.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25386 | 68.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.5¢ | 7300 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| SVM (ASX) Chart |