SVM 4.59% 57.0¢ sovereign metals limited

Ann: Rio to Invest $40.4m to Become a 15% Strategic Investor, page-72

  1. 6,132 Posts.
    lightbulb Created with Sketch. 1506
    Yes unfortunate for some and beneficial for buyers.
    I recall a guy over at Pilbara PLS whom advised he was forced to sell around the dollar mark due to margin call and then soon after they took off to $5.

    Yes the market is on the nose for junior minerals stocks in general. Other sectors holding up well. Chinese lack of growth since COVID opening an issue for junior minerals stocks.

    ATO can set up a payment plan - interest involved of course. Not sure how you go about it if you have funds available elsewhere. I am still paying 21-22 year bill but accountant requested extra time and was only recently completed - bloody whopper when I sold the kitchen sink when Russia invaded.
    Still it was a good outcome relevant to not selling.

    Anyway let them shake it more - I will be adding - before the PFS which I actually expect to be later than September.
 
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54.0¢ 57.0¢ 53.0¢ $288.3K 525.7K

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Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
Last
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