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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0.69%
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73.0¢

This is exceptional @Banksy. The high grade and very large flake...
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Last
73.0¢ |
Change
0.005(0.69%) |
Mkt cap ! $472.2M |
Open | High | Low | Value | Volume |
74.0¢ | 76.5¢ | 72.5¢ | $588.2K | 793.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 8427 | 73.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
74.5¢ | 6581 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 809 | 0.730 |
5 | 22791 | 0.725 |
3 | 23076 | 0.720 |
1 | 9420 | 0.715 |
3 | 57480 | 0.710 |
Price($) | Vol. | No. |
---|---|---|
0.745 | 6581 | 1 |
0.750 | 19935 | 1 |
0.755 | 24844 | 1 |
0.760 | 15000 | 1 |
0.770 | 9860 | 3 |
Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
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SVM (ASX) Chart |