SVM 4.59% 57.0¢ sovereign metals limited

Ann: Rio to Invest $40.4m to Become a 15% Strategic Investor, page-49

  1. 6,132 Posts.
    lightbulb Created with Sketch. 1506
    That's the game now Diesel - extract maximum value from RIO whom do not get involved with small companies in a joint capacity - only early involvement now to take the lot later. My view is RIO would have wanted the lot now - but management staved off that attempt to capitalize on maximum value later when PFS and more progress is made with graphite qualification complete adding much greater value to the company.
    I would like to see other emphasis on the other tenements similar to Kasiya to add further value. Patience for now - SVM and SPROTT will deliver for us - they are in the drivers seat - RIO'S initial investment and that capital will be used to value add and progress a great deal.
 
watchlist Created with Sketch. Add SVM (ASX) to my watchlist
(20min delay)
Last
57.0¢
Change
0.025(4.59%)
Mkt cap ! $320.9M
Open High Low Value Volume
54.0¢ 57.0¢ 53.0¢ $288.3K 525.7K

Buyers (Bids)

No. Vol. Price($)
1 8785 56.0¢
 

Sellers (Offers)

Price($) Vol. No.
57.0¢ 3982 2
View Market Depth
Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
Last
57.0¢
  Change
0.025 ( 4.59 %)
Open High Low Volume
54.0¢ 57.0¢ 53.5¢ 64627
Last updated 15.57pm 24/05/2024 ?
SVM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.