From SPROTT's report
" We maintain our BUY rating and A$1.20/share Price Target based on 5% in-situ valuation (ie US$65/t rutile valuation @ US$1,300/t spot) over 644Mt. With ‘more rutile than needed’ already, we still expect 1) the addition of Nsaru MRE and updated Kaisya MRE to be a key catalyst in 4Q21, followed by 2) a year end scoping study which we fully expect to ruffle feathers in more polluting, socially challenged, permit challenged, and reserve-declining peers to the benefit of Sovereign shareholders."
This sounds like they are poking the stick at other companies that will be left in SVM's dust
From SPROTT's report" We maintain our BUY rating and...
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Last
56.5¢ |
Change
0.005(0.89%) |
Mkt cap ! $318.0M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 57.0¢ | 54.0¢ | $153.5K | 279.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12637 | 56.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 88707 | 3 |
View Market Depth
| Last trade - 15.00pm 28/05/2024 (20 minute delay) ? |
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Last
56.5¢ |
Change
0.005 ( 1.80 %) |
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| Open | High | Low | Volume | ||
| 56.0¢ | 56.5¢ | 56.0¢ | 43138 | ||
| Last updated 15.02pm 28/05/2024 ? | |||||
| SVM (ASX) Chart |