SVM 2.59% 59.5¢ sovereign metals limited

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

  1. 6,208 Posts.
    lightbulb Created with Sketch. 1543
    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
59.5¢
Change
0.015(2.59%)
Mkt cap ! $334.9M
Open High Low Value Volume
57.0¢ 59.5¢ 56.5¢ $136.9K 236.5K

Buyers (Bids)

No. Vol. Price($)
1 3150 57.0¢
 

Sellers (Offers)

Price($) Vol. No.
60.5¢ 356 1
View Market Depth
Last trade - 15.58pm 21/06/2024 (20 minute delay) ?
SVM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.