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0.92%

55.0¢ sovereign metals limited

Ann: Rio to Invest $40.4m to Become a 15% Strategic Investor, page-55

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WinkyDinky16

2,256 Posts.

76

22/08/23

09:10

Post #: 69469276
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Originally posted by chokdee: ↑

Rather surprised as the SP has fully retreated back to pre RIO 15-20% stake which at the very least derisk's Kasiya's development significantly and at best - well so many possibilities. Kasiya ticks so many boxes with rapid approvals anticipated and rapid development of 2 key economic minerals - oxides.

Could it be manufactured - to pick off shares at a low premium prior to upcoming PFS release which added to the RIO investment - expertise would combine to an outstanding 3 months of progress and releases (obviously PFS has been in works for considerable time and expenditure).
Or is it just the global market sentiment particularly many minerals on back of China slow progress - well slow they say when their own countries could only dream of 4.5 - 5% annual growth.

Upside could be that hopefully sp stays lower for longer and I'll be positioned to load up more. BWTAH.

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how many weeks away do you think the PFS is ?

SVM Price at posting: 44.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 55.0¢		Change 0.005(0.92%)		Mkt cap ! $309.6M

Open	High	Low	Value	Volume
54.0¢	55.0¢	53.0¢	$202.3K	373.0K

Buyers (Bids)

No.	Vol.	Price($)
2	29663	55.0¢

Sellers (Offers)

Price($)	Vol.	No.
55.5¢	20000	1

View Market Depth

No.	Vol.	Price($)
1	14699	0.550
1	3600	0.545
2	17800	0.540
3	5550	0.535
5	102753	0.530

Price($)	Vol.	No.
0.555	20000	1
0.560	38000	2
0.570	60973	3
0.575	18500	2
0.580	21200	2

Last trade - 14.18pm 24/05/2024 (20 minute delay)


Last 55.5¢			Change 0.005 ( 1.83 %)
Open	High		Low	Volume
54.0¢	55.5¢		53.5¢	45992
Last updated 14.34pm 24/05/2024 ?

SVM (ASX) Chart