SVM 1.43% 71.0¢ sovereign metals limited

Massively undervalued: These are the reasons, page-2

  1. 6,411 Posts.
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    Pretty exciting prospects ahead for SVM. Still have a fair bit of time before scoping study at Kasiya H1 2021 and DFS I hazard to guess H1 2022 but it's good to get in at early sp premium.

    Capital raise soon at the usual 20% discount to the usual "sophisticated investors" with a few to existing holders - only 3 million cash a few months ago - company probably waiting for juicy announcement on last batch of drill samples. I feel the market is sitting back waiting for such as little volume of late. Generally the sp pulls back to the raise price before gaining momentum again.
 
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