Nice one dan-sh and many thanks for the post.
Confirms pretty much what we know given management have been very transparent and not over playing the project.
Interview was conducted prior to infill drilling program and extension drilling of South Malingunde and as they stated this will "fast track the PFS". How much? who knows but could be a few months taken off that late 2018 assumption.
If as we hope resource upgrade is confirmed - the graphite quality and 300 000 kg mentioned to be dispatched to potential end users we could see early off take agreements and project finance than the 3-6 months post PFS that the good doctor mentioned.
The govt is being forced to table and pass electoral reforms - expect they would want to do the same with mining bill and tick off / support mining projects as they come under more pressure to retain govt at the pending early 2019 elections. They really have done little in 4 years so expect them to throw the kitchen sink in - in efforts to retain govt.
He has a brother Alistair whom is CEO/MANAGING DIRECTOR of GBE a niobium play in Malawi who has been there for the 12 years also - there was a third brother who is no longer there.
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sovereign metals limited
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75.5¢ |
Change
-0.005(0.66%) |
Mkt cap ! $488.4M |
Open | High | Low | Value | Volume |
77.0¢ | 78.0¢ | 74.0¢ | $1.186M | 1.557M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 21809 | 74.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
76.5¢ | 13698 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 21809 | 0.740 |
4 | 14856 | 0.730 |
2 | 14431 | 0.725 |
4 | 33066 | 0.720 |
2 | 10247 | 0.715 |
Price($) | Vol. | No. |
---|---|---|
0.765 | 13698 | 1 |
0.780 | 3180 | 1 |
0.785 | 700 | 1 |
0.800 | 23000 | 2 |
0.810 | 11000 | 1 |
Last trade - 16.10pm 23/07/2025 (20 minute delay) ? |
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