Delivery of scoping study economics at realistic numbers not spin.
Confirmed battery grade quality graphite for future sales.
Fast tracking to DFS.
Ease of capital raising such are economics.
Chairman again buying 2 million more.
New staff engaged to fast track DFS.
MOU of transportation logistics 100 000 t.
Malawi govt endorsement.
Future placement at 18c for company engaged to secure off take agreements.
Infill drilling complete.
New zone drilling complete in a few weeks with huge upside hence 100 000 t.
Huge tenement area for future exploration targets.
100% owned - only 1% of sales to go to the English fella that SVM secured the tenements from.
All in a very short time frame.
At this rate production within 12 months is very realistic given the simplicity of project.
Only one negative - Malawi govt. However this appears to have been addressed by govt endorsement of project and the 5% royalty + company tax as advised in the scoping study.
SVM Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
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