Steady as it goes. SP holding well - it's a long way off development (a couple of years). A colleague once explained how his mate had all the resources for his drug lab - no permits required - processing tech in hand - market was hot - wrong location .
Anyway the graphite is more exciting now in my view. We've had pretty much all results but a few that are priced into SP - the graphite and anode production is exciting whilst jorc - pfs take 12 months to progress re mineral sands. I just feel they may have a potential off take partner circling regarding their latest comments graphite. An mou would be the catalyst for a sp hike - so to would the confidence in all things Malawi if the new govt - 7 months in did something positive re mining industry. Perhaps the graphite talk recently is more about some capital!
SVM Price at posting:
41.0¢ Sentiment: Buy Disclosure: Held
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