Broker data not showing any major exit from the register. Last couple of months has really just been a bit of broker jostling, on realtively low volume.
Sovereign is targeting completion of the PFS in mid-2018, with certain work programs designed to continue directly through into the DFS stage. It is expected that the various work programs forming the PFS will generate significant news flow over the coming 3 months.
I don't think any of the newsflow leading into the PFS will be the sort of material to double the share price but sounds like a steady stream of info coming to market and enough to keep everyone reasonably interested. Certainly an unloved sector, with BAT, TON, BKT charts all looking very similar. Only WKT running and that's been driven more so by sovereign issues.
SVM Price at posting:
9.6¢ Sentiment: None Disclosure: Held
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