SVM 1.89% 81.0¢ sovereign metals limited

The transport costs should be low. The infrastructure in Malawi...

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  1. 1,065 Posts.
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    The transport costs should be low. The infrastructure in Malawi is good by African standards. SVM puts the cost of transport to the port of nacala at US$ 66/t. That is low.

    Screenshot_20190125-091117.jpg

    There is also the possibility to drive on well-developed roads. Today's report states that:

    Recently refurbished rail line to Nacala Port: MOU signed with rail concessionaire - drafting of full transport greement currently underway.

    High quality existing road network to site: mostly bitumen with ~10km all-weather gravel road.

    10km from planned Bunda electricity sub-station, 44km from new Nkhoma sub-station: grid power provision slated for 2024.

    We will certainly soon have a binding agreement with the railway operator.
 
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