SVM 3.54% 58.5¢ sovereign metals limited

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

  1. 6,213 Posts.
    lightbulb Created with Sketch. 1545
    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.
 
watchlist Created with Sketch. Add SVM (ASX) to my watchlist
(20min delay)
Last
58.5¢
Change
0.020(3.54%)
Mkt cap ! $329.3M
Open High Low Value Volume
56.5¢ 58.5¢ 56.5¢ $131.0K 229.3K

Buyers (Bids)

No. Vol. Price($)
1 22500 57.5¢
 

Sellers (Offers)

Price($) Vol. No.
58.5¢ 50000 1
View Market Depth
Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
SVM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.