SVM 0.82% 60.5¢ sovereign metals limited

high margin raw material stock

  1. 85 Posts.
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    If svm would be a Gold stock and Gold would stay at 1200 US Dollar svm would produce one ounce with 300 Dollar all in all costs !
    Thats high margin !  And the capex is just 30 Million Dollar .
    It is the same as if svm produce 40 000 ounces of Gold / year  with 900 Dollar margin !
    Just to see that svm has huge potiential .
    Look at walkabout resources with similar economics but much less resources .

    This delivers higher weighted average basket Price about 1500 Dollar ( walkabout respources )

    And svm also has High quality product with excellent concentrate grades and a very large proportion in the SuperJumbo and Jumbo categories even higher than walkabout
 
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Last
60.5¢
Change
-0.005(0.82%)
Mkt cap ! $361.5M
Open High Low Value Volume
61.0¢ 61.5¢ 60.5¢ $385.4K 631.1K

Buyers (Bids)

No. Vol. Price($)
6 65307 60.5¢
 

Sellers (Offers)

Price($) Vol. No.
62.5¢ 24000 1
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Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
SVM (ASX) Chart
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