SVM 1.59% 62.0¢ sovereign metals limited

Remains to be seen if govt will meet in Feb as covid spike in...

  1. 6,172 Posts.
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    Remains to be seen if govt will meet in Feb as covid spike in Malawi - 2 ministers passed away recently.

    Just feel SVM are some way off from DFS on these mineral sands assets - at least 12 months and same for any off take agreement mou's.
    The one that could surprise is the Malingunde graphite. It's near shovel ready - just needs funding and sales agreements which given the closer proximity to graphite demand arriving - well it could just happen or even the prospect of a sell off of the asset to focus on mineral sands.

    Nice position to be in.
 
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Last trade - 14.35pm 07/06/2024 (20 minute delay) ?
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