SVM 2.16% 68.0¢ sovereign metals limited

Ann: Spectacular Drill Results See Mineralised Footprint Increase, page-13

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  1. 6,411 Posts.
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    Hi irishmist. I stumbled across SVM a long time ago when following another ASX company in Malawi. As stated yest I invested for Malingunde graphite which was shaping up extremely well without going into all details. Many here invested for same. I sold down very beneficially from both graphite and rutile and current holding is FOC and basically a spec hold these days.
    I had great respect for management - until they dropped Malingunde cold and never a word to shareholders after all that money so therefore a little - or quiet a bit of distrust arrived for me.
    Then Sprott arrived and all the self benefitting - self appointed brokerage coverage. I understand it is great much needed exposure but ....
    Then all this resource and yet very slow with JORC but -big spending drilling continues to broaden the envelope. Less important is PFS - DFS and talking up comparing how big mine is and how small others is hydro power etc (from where?)- just appears they are trying in tandem with Sprott to off load it to me.
    Anyway added a few a while back then no - I dumped them again and see better value with other originalalawi investment.
    Its a spec - one of two I hold nice bump today on another resource Ann.
 
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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
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