This is exceptional @Banksy. The high grade and very large flake size exceeds my expectations. Obviously final completion of definite JORC resource to follow.
As expected - refer my " yawn so predictable" - traders are selling on the news. For investors this is outstanding assay results thus far. 4-6 weeks extension south results. Pretty conclusive to me these assay results with more to follow - we now have a resource confirmed - we now have a mine - the risk has been eliminated - we have confirmation of resource with more to follow.
Now management can move forward with all other aspects - remember this is just Malingunde - there are 14 other saprolite sites plus the huge hard rock deposit which unlike other hopefuls - they can finance that development whenever they choose - like when guaranteed electricity supply is available etc.
This is exceptional with infrastructure all nearby....... So much low capex/low opex resource in the ground is the catalyst for any new mine success.
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SVM
sovereign metals limited
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5.48%
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77.0¢

This is exceptional @Banksy. The high grade and very large flake...
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Last
77.0¢ |
Change
0.040(5.48%) |
Mkt cap ! $498.1M |
Open | High | Low | Value | Volume |
74.5¢ | 78.0¢ | 74.5¢ | $415.9K | 543.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 86000 | 75.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
77.0¢ | 20194 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 36000 | 0.750 |
1 | 800 | 0.745 |
1 | 20000 | 0.740 |
1 | 2721 | 0.735 |
3 | 9856 | 0.730 |
Price($) | Vol. | No. |
---|---|---|
0.770 | 20194 | 1 |
0.775 | 16972 | 3 |
0.780 | 29007 | 4 |
0.785 | 11700 | 2 |
0.790 | 10641 | 1 |
Last trade - 16.10pm 21/07/2025 (20 minute delay) ? |
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SVM (ASX) Chart |