Safe to say Sprott are suitably impressed by the resource..$1.20 target price (up from 95c). 'This is beyond world class to what we would call 'disruptive'....it just doesn't get better than this'. Strong statements!
With the resource still very much growing, SVM already has a high-grade 'start-up' resource portion of 137Mt at 1.41% at a 1.20% cut-off (14 years of production assuming 10Mtpa).
Sprott $1.20 target price
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Last
59.5¢ |
Change
0.015(2.59%) |
Mkt cap ! $334.9M | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 59.5¢ | 56.5¢ | $132.2K | 227.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1632 | 58.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.5¢ | 49837 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
59.5¢ |
Change
0.015 ( 2.59 %) |
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| Open | High | Low | Volume | ||
| 58.0¢ | 59.5¢ | 56.0¢ | 41345 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| SVM (ASX) Chart |