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2.59%

59.5¢ sovereign metals limited

Ann: Rio to Invest $40.4m to Become a 15% Strategic Investor, page-55

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WinkyDinky16

2,258 Posts.

77

22/08/23

09:10

Post #: 69469276
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Originally posted by chokdee: ↑

Rather surprised as the SP has fully retreated back to pre RIO 15-20% stake which at the very least derisk's Kasiya's development significantly and at best - well so many possibilities. Kasiya ticks so many boxes with rapid approvals anticipated and rapid development of 2 key economic minerals - oxides.

Could it be manufactured - to pick off shares at a low premium prior to upcoming PFS release which added to the RIO investment - expertise would combine to an outstanding 3 months of progress and releases (obviously PFS has been in works for considerable time and expenditure).
Or is it just the global market sentiment particularly many minerals on back of China slow progress - well slow they say when their own countries could only dream of 4.5 - 5% annual growth.

Upside could be that hopefully sp stays lower for longer and I'll be positioned to load up more. BWTAH.

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how many weeks away do you think the PFS is ?

SVM Price at posting: 44.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 59.5¢		Change 0.015(2.59%)		Mkt cap ! $329.3M

Open	High	Low	Value	Volume
57.0¢	59.5¢	56.5¢	$136.9K	236.5K

Buyers (Bids)

No.	Vol.	Price($)
2	34274	59.5¢

Sellers (Offers)

Price($)	Vol.	No.
60.5¢	30356	2

View Market Depth

No.	Vol.	Price($)
2	34274	0.595
1	98128	0.585
1	50000	0.580
1	3150	0.570
2	11200	0.565

Price($)	Vol.	No.
0.605	30356	2
0.615	20000	1
0.620	19700	2
0.625	30000	1
0.630	2220	2

Last trade - 15.58pm 21/06/2024 (20 minute delay)

SVM (ASX) Chart

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