Sorry to be the eternal pessimist but Sprott bought in as a "sophisticated investor" so they are hardly going to report anything negative.
Don't get me wrong - this rutile is a fantastic discovery with a lot of positive news to follow but as Iluka found out - in these jurisdictions anything can and will happen causing issues.The graphite sales discussions continue. This is quality graphite in the much more valuable larger flake size and extremely low capex/opex. Compare with SYR's money pit next door in Mozambique which is more in the smaller flake size - in hard rock which sees much of the larger flake downsized after processing and impurities which we are not exactly sure of with SVM'S.
Filthy on the tribal politics and pending election in Malawi - neither party has any policies - just pathetic sledging continues unabated. A total waste of a year in courts that has seen the country very divided and zero progress - a total waste of much needed monies as these corrupt pigs fight tooth and nail to get to head the corruption trough. God you have to feel for the people and what theses corrupt politicians take from them.
SVM Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held
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