BWTAH - I hope the SVM journey continues for you all. I have jumped ship literally and what a bonus today has brought.
Whilst SVM now head for capital raise and a lot of work ahead in PFS/DFS/BFS and more drilling - infill drilling to prove up JORC (should present no issues) - and much more mineral process definition works I see another in Malawi at development stage just awaiting DA any day now.
Something I have not seen mentioned here. Chakwera govt late last week implemented 6 new important/critical land bills. For example the previous legislation was so poor and there was talk from previous recent lands minister whom was recently relieved of his position that 29%$# company would have to purchase the land for their mine to proceed which is ridiculous in global mining development (yes compensation and relocation to affected persons) but at the time I suggested what a joke and how much land would SVM have to purchase for a short term mineral sands mining - rehab operation. Anyway very important and now companies can proceed with assurance in what is many very important progressive steps the new Malawi govt has installed to promote a global standard mining industry.
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Mkt cap ! $295.5M |
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6 | 227658 | 0.515 |
7 | 66006 | 0.510 |
10 | 71400 | 0.505 |
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Price($) | Vol. | No. |
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0.525 | 1000 | 1 |
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0.540 | 165000 | 4 |
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Last trade - 13.42pm 13/05/2024 (20 minute delay) ? |
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Change
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Last updated 14.04pm 13/05/2024 ? |
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MAGNUM MINING AND EXPLORATION LIMITED
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