I think any advantage in what is a very crowded space with many graphite hopefuls is an advantage. Thus far SVM appear to have several key advantages but also several unknowns that they are rapidly reaching milestones - community consultation/compensation - govt liaison and approvals - transport logistics given close proximity to rail but long distance to port - off take/binding agreements. It all takes time however these guys appear to be advancing rapidly with key management and personnel in charge.
If it takes a hopeful 2 years or more conservative 4-5 years I see upside in this one of what could be several graphite mines in the future not forgetting the flow of benefits to this impoverished nation so long as best practices are adhered to EITI.
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Change
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Mkt cap ! $380.9M |
Open | High | Low | Value | Volume |
78.5¢ | 78.8¢ | 76.0¢ | $184.1K | 237.7K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 8700 | 77.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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78.0¢ | 50017 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 30000 | 0.085 |
1 | 31479 | 0.082 |
1 | 50000 | 0.080 |
1 | 50000 | 0.077 |
1 | 50000 | 0.076 |
Price($) | Vol. | No. |
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0.090 | 65992 | 1 |
0.092 | 94860 | 2 |
0.093 | 61500 | 1 |
0.094 | 100000 | 1 |
0.095 | 91426 | 2 |
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SVM (ASX) Chart |