Its Over, page-17201

Latest two Featured stocks (advocated by newsletter)

SVM is an under-the radar stock which is very undervalued by my count.

2023 could be a year for graphite stocks.

SOVEREIGN METAL (SVM)
Market Cap: circa $250m

Sovereign’s flagship, the Kasiya project, is recognised as the world’s largest natural deposit of rutile, the mineral that hosts the critical metal titanium. According to the company’s latest reserve update, the project holds 1.8 billion tonnes of rutile grading at just over 1%, resulting in around 18 million tonnes of contained natural rutile. To put that in perspective, Kasiya is double the size of the world’s second-largest rutile deposit located in Sierra Leone, owned and operated by Australian major Iluka Resources.

Graphite is a byproduct of Kasiya project. The company’s latest MRE indicates 1.8 billion tonnes at 1.32% graphite, containing more than 23 million tonnes of graphite

With around $15 million sitting in the bank, and no debt liabilities, the company is well funded to progress drilling in 2023, with no immediate need to issue more shares through capital raisings.

Project Economic compelling: NPV US$1.53B (after tax) with average annual EBITDA US$323mil.

ARAFURA RARE EARTHS (ASX:ARU)

Share price: 0.50, Up 10% this year
Market cap: $1.07bn
Arafura’s deal with South Korea’s Hyundai locks in the sale of about 40% of its annual output for seven years, or up to 1,500t per year of neodymium and praseodymium oxide (NdPr) destined for use in Hyundai’s vehicles.
Supply of the element is currently anticipated to begin in 2025 subject to project financing, construction and commissioning of the Nolans project in Australia’s Northern Territory.