Cheers containdicator. Perhaps Rick could add GBE up the road...

Cheers containdicator. Perhaps Rick could add GBE up the road from SVM.

They are seriously close to DA/CDA approval after ML a few months ago on their big margin niobium project - however now the company has released a PYROCHLORE tech patent due early next year - massive capex/opex reductions - less environmental footprint - electricity consumption - easily amenable to many other mineral processing plants. SVM could be a beneficiary of this tech - Stephens boys in each company.

Anyway I'm well entrenched in both camps - as you state this is a massive resource still open to further JORC updates. Which does appear the company's direction - they have more than enough resource to stop exploration and focus on development of the assets - I feel they are pumping the exploration expansion - not required anymore for development as there is plenty already - but they are looking at more resource discovery to sell to a large player.

Add to that not a fn mention of the Malingunde graphite asset they pumped their/our money into for years. Joining the dots it could be offload the rutile asset big cash - self finance a very big graphite mine - no dilution.
Or are they doing the opposite in selling Malingunde graphite asset to finance rutile development.

WTF knows - and anyone going to the AGM next month - can you please ask - what on earth is happening - what on earth is the plan for Malingunde? We have long ago shipped a lot of product to end users for evaluation - off take agreements - mou's - wtf happened that this expensive expenditure that was to be in the lowest cost - high quality graphite mine does not even get a mention now? Also can someone ask - why are we continuing with so much resource definition on the bloody rutile and not shifting rapidly to PFS - granted a SS due EOY but no guarantee. No doubt Sprottster knows and the other hierachy - we retail wait it out and watch a fair volume get bought up over last couple of months at discount on offer. Suggests retail selling - cashing in good gains and smarties buying as the company is not giving clear definition to retail holders - only the inner sanctum.

Something is not right here - but as they say - follow the money and buyers are lapping up from sellers.