Yes that was my question in asking is it time to sell - which i did.
Just see a quiet period for some time with covid issues in Malawi but still they can progress the PFS/DFS/BFS. Raise some capital and continue drilling as in there is a lot of infill drilling required now to release JORC at both deposits.
Graphite prices/demand are subdued still so hard to get a read on any developments there regarding off take agreements.
New govt is busy cleaning up the mess from previous - nothing new with mining industry atm.
Still optimistic things will click with SVM - whether that's into production some time down the track or the Chinese make a play.
GLTAH.
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SVM
sovereign metals limited
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74.0¢

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Last
74.0¢ |
Change
0.035(4.96%) |
Mkt cap ! $478.7M |
Open | High | Low | Value | Volume |
70.5¢ | 74.5¢ | 70.5¢ | $361.4K | 497.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 14531 | 73.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
74.5¢ | 151632 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 14531 | 0.730 |
1 | 1380 | 0.725 |
2 | 1835 | 0.720 |
3 | 110725 | 0.705 |
1 | 1500 | 0.700 |
Price($) | Vol. | No. |
---|---|---|
0.745 | 126632 | 2 |
0.750 | 250000 | 2 |
0.755 | 1100 | 1 |
0.760 | 20833 | 2 |
0.765 | 700 | 1 |
Last trade - 16.11pm 14/07/2025 (20 minute delay) ? |
Featured News
SVM (ASX) Chart |