SVM sovereign metals limited

Ann: Aircore Drilling Commences Across Multiple Rutile Targets, page-3

  1. 6,734 Posts.
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    Just my view - it's not difficult to join the dots here.

    Chairman recently purchase 140k on market at 10c in the knowledge of this air core drilling programme - he would be anticipating/knowing some pretty good results will be forthcoming from this air core drilling program.

    This rutile asset could dwarf the exceptional graphite asset in what we know is a crowded space. With our capex/opex way below peers with the graphite asset - we are still very well positioned as nearly the lowest potential cost graphite hopeful - on paper anyway. Many competitors are somewhat strained and will not eventuate in the current climate.

    I am no expert but I see the current graphite market conditions prevailing until such time the U.S. - China dispute settles. This dispute sees China's graphite marketing into the U.S. reduced with a flow on effect that China has reduced graphite imports recently and is now also looking at sales of graphite into the European market.
    Will rely and have complete faith in our management to establish markets as they have advised.
 
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Last
70.5¢
Change
-0.015(2.08%)
Mkt cap ! $456.0M
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70.5¢ 12431 1
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