SVM 0.63% 78.5¢ sovereign metals limited

Ann: PFS Update - SVM Rapidly Progresses Activities at Malingunde, page-8

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  1. 1,309 Posts.
    lightbulb Created with Sketch. 12
    Good assessment Anton.

    Been a great year especially the progress in the latter half which will reflect in SP throughout 2018.

    Rock solid foundations been laid for a big 2018 - with the rate of progress it may be in the early to mid 2018 that all milestones are completed with production late 2018 such is the rate of progress - smashing their own time table - delivering on everything they say unlike many would be competitors.
    Offtake agreements - finance by mid 2018 at this rate

    Can't wait for January 2018 assay results from Malingunde and the extension drilling program from South Malingunde - Chiziro and the other one - sure they will no doubt want to drill the newly extended zone south along strike.
    These results are the key going forward along with the 300 000 kg of samples been given to end users to lock up off take agreements and the minimal project finance required.
    Middelmas could near finance the lot himself. Nah serious - he wouldn't be buying 41 million in the recent placement if he wasn't confident in what he knows re drilling assay results and subsequent resource upgrade.


    JUST FOLLOW HIS LEAD - PRETTY SIMPLE I KNOW BUT CHAIRS - DIRECTORS AND THE LIKE WITH THEIR PRIVVY KNOWLEDGE AND SHARE ACCUMULATION IS THE BEST INDICATOR.
 
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