SVM 0.94% 53.5¢ sovereign metals limited

Hi irishmist. I stumbled across SVM a long time ago when...

  1. 6,122 Posts.
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    Hi irishmist. I stumbled across SVM a long time ago when following another ASX company in Malawi. As stated yest I invested for Malingunde graphite which was shaping up extremely well without going into all details. Many here invested for same. I sold down very beneficially from both graphite and rutile and current holding is FOC and basically a spec hold these days.
    I had great respect for management - until they dropped Malingunde cold and never a word to shareholders after all that money so therefore a little - or quiet a bit of distrust arrived for me.
    Then Sprott arrived and all the self benefitting - self appointed brokerage coverage. I understand it is great much needed exposure but ....
    Then all this resource and yet very slow with JORC but -big spending drilling continues to broaden the envelope. Less important is PFS - DFS and talking up comparing how big mine is and how small others is hydro power etc (from where?)- just appears they are trying in tandem with Sprott to off load it to me.
    Anyway added a few a while back then no - I dumped them again and see better value with other originalalawi investment.
    Its a spec - one of two I hold nice bump today on another resource Ann.
 
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Last
53.5¢
Change
0.005(0.94%)
Mkt cap ! $301.2M
Open High Low Value Volume
53.0¢ 53.5¢ 52.5¢ $327.5K 617.3K

Buyers (Bids)

No. Vol. Price($)
2 37395 53.0¢
 

Sellers (Offers)

Price($) Vol. No.
53.5¢ 195289 1
View Market Depth
Last trade - 16.10pm 16/05/2024 (20 minute delay) ?
Last
53.5¢
  Change
0.005 ( 1.90 %)
Open High Low Volume
53.0¢ 53.5¢ 52.0¢ 70701
Last updated 15.59pm 16/05/2024 ?
SVM (ASX) Chart
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