SVM 2.59% 59.5¢ sovereign metals limited

Sorry folks - just add this thought - does anyone get the...

  1. 6,193 Posts.
    lightbulb Created with Sketch. 1536
    Sorry folks - just add this thought - does anyone get the feeling all the rhetoric with the new yap - glossy presentations on Malingunde (plus other deposits) and the supersize deposit at Kasiya (plus other deposits) they are looking more to wooo the Chinese or others to seek a sale of these assets. Certainly appears a organized push - is it to promote the company & woo investors or to put some shine on it all for a potential suitor?

    May well probably be both - however in looking to develop either or both assets - surely all focus would be on that - not promotional.

    They engaged a company several years ago in Dubai with awarded shares and bonus shares to establish and secure graphite sales. Never hear anymore of such - what exactly is their situation there? With such a low cape/opex we can not attract a quality tier 1 end user to get involved at a low premium to secure some finance and some product? What is the delay in securing a partner on such a project (mooted as the lowest cost producer globally) with a product that will see exponential growth in consumption in coming years. Dunno - yes I know it takes time but......gee if we are positioned so well on the economics and quality and flake size .....
 
watchlist Created with Sketch. Add SVM (ASX) to my watchlist
(20min delay)
Last
59.5¢
Change
0.015(2.59%)
Mkt cap ! $334.9M
Open High Low Value Volume
58.0¢ 59.5¢ 56.5¢ $132.2K 227.6K

Buyers (Bids)

No. Vol. Price($)
1 1632 58.5¢
 

Sellers (Offers)

Price($) Vol. No.
59.5¢ 49837 1
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
59.5¢
  Change
0.015 ( 2.59 %)
Open High Low Volume
58.0¢ 59.5¢ 56.0¢ 41345
Last updated 15.59pm 14/06/2024 ?
SVM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.