While this article does not explicitly mention SVM, the information here is still very relevant.
My two key takeaways:
Based on the production prices in the article, SVM can compete with China, as our PFS indicates a production cost of US$241/t (FOB).
Graphite prices are on the rise by 60%, with a deficit forecast in 2034. Yes, this is a long-term benefit in terms of profitability. But, companies like RIO look at the long-term benefits in conjunction with the short-term benefits. Their goal, in my opinion, is to get in early at the lowest price possible with a heavily de-risked project. This will still be at a premium to shareholders from the current SP, in my opinion, and we are waiting for the offer, it seems!
GLTAH & DYOR!!!
SVM Price at posting:
91.5¢ Sentiment: Buy Disclosure: Held
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