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6.2¢ suvo strategic minerals limited

Ann: Placement Supports Pittong Ramp Up & Geopolymer Concrete, page-55

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hatmopit

7,276 Posts.

1129

21/02/24

16:46

Post #: 72518978
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Originally posted by chrisuno: ↑

Hi Hatmopit, yes i think we all agree that we are surprised/dismayed at the smashing of the share price, but i feel that is now in the past and now we need to look forward to a rosy future so i I feel
whilst it has taken longer than they thought, to say they haven't been able to sign up kaolin contracts is not correct.
They are 15% up December 23 on December 22
Revenue is up circa $2.5 million over 6 months
Nearly $500k new customers in January and i hear there are some big contracts currently being negotiated.
I think it's more accurate to say that they have not been able to sign kaolin contracts to get out of cash burn mode as quickly as they thought might be possible.
I think we are now on the verge of becoming fully profitable to drive the green concrete business via the kaolin business underpinning everything.
Fully sold out Pittong should give approx $10-12 million profit but then we have Trawalla, where we could possibly triple that profit. Green concrete could produce $$$$$$ even more

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Yes fair comment - haven't signed Kaolin contracts as quickly has hoped - is a better way of putting it.
.

SUV Price at posting: 3.6¢ Sentiment: Buy Disclosure: Held
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Last 6.2¢		Change 0.001(1.64%)		Mkt cap ! $60.00M

Open	High	Low	Value	Volume
6.0¢	6.2¢	6.0¢	$49.46K	819.3K

Buyers (Bids)

No.	Vol.	Price($)
2	150000	5.9¢

Sellers (Offers)

Price($)	Vol.	No.
6.1¢	30000	1

View Market Depth

No.	Vol.	Price($)
2	150000	0.059
3	250000	0.058
2	300000	0.057
4	353661	0.056
4	911818	0.055

Price($)	Vol.	No.
0.061	86000	1
0.062	1283821	4
0.063	184277	2
0.064	250000	2
0.065	500000	1

Last trade - 14.53pm 29/08/2024 (20 minute delay)

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