SVM 3.85% 62.5¢ sovereign metals limited

Ann: Spectacular Drill Results See Mineralised Footprint Increase, page-13

  1. 6,172 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
62.5¢
Change
-0.025(3.85%)
Mkt cap ! $360.3M
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65.0¢ 65.0¢ 62.0¢ $65.64K 102.1K

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Last trade - 12.13pm 06/06/2024 (20 minute delay) ?
Last
62.0¢
  Change
-0.025 ( 3.13 %)
Open High Low Volume
63.5¢ 63.5¢ 62.0¢ 19605
Last updated 12.48pm 06/06/2024 ?
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