Broadly agree with what others have said. SVM are too small to run / finance this type of project. So the deal with RIO means there's only Plan A - that RIO at some point take ownership, and it snuffs out any competition there might have been for control of the resource. Problem for us was that RIO were able to get in cheap and without paying a premium for the quality of the resource. Hard to see what news would move the SP for the next couple of years (don't see any reason that RIO would need to rush it now), so need to come in / hold with the patience for a long play.
- Forums
- ASX - By Stock
- SVM
- Ann: Kasiya Pre-Feasibility Study Results
Ann: Kasiya Pre-Feasibility Study Results, page-11
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SVM (ASX) to my watchlist
|
|||||
Last
68.5¢ |
Change
0.010(1.48%) |
Mkt cap ! $409.3M |
Open | High | Low | Value | Volume |
66.0¢ | 69.5¢ | 66.0¢ | $292.0K | 431.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 26999 | 66.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
68.5¢ | 19999 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 26999 | 0.660 |
1 | 4500 | 0.655 |
1 | 13100 | 0.650 |
4 | 41687 | 0.630 |
2 | 32200 | 0.625 |
Price($) | Vol. | No. |
---|---|---|
0.685 | 19999 | 2 |
0.690 | 25000 | 1 |
0.695 | 70861 | 4 |
0.700 | 96000 | 5 |
0.720 | 6170 | 2 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
SVM (ASX) Chart |