SVM sovereign metals limited

Ann: Initial Results for Use of Kasiya Graphite In Refractories, page-4

  1. 325 Posts.
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    Good morning Battersea,
    No need to thank me, I did nothing more than cut and paste the highlights from the report and am somewhat baffled as to why I got so many thumbs up and two light bulbs as I didn’t offer any analysis or opinion of the presented data.
    Yes, feeling quite positive about this one, as it’s a well managed project that is moving forward with the backing of Rio.
    We also have a resource that without question will be in demand for the foreseeable future.
    Thus far we have also been lucky with all testing so far showing that the resource is either as good, or as with this announcement, even better than previously expected.
    As for the jury still being out, the jury is always still out that is until the fat lady finally sings, that is the nature of investing into pre production projects.
    If the jury was in and we were hearing the fat lady singing, we would surely see a more drastic move in the SP. This far, we are simply seeing the adjustments you expect to see with the long and slow de risking process of releasing progress results bit by bit.
    A great weekend to all fellow holders from me
 
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