SVM 1.85% 82.5¢ sovereign metals limited

This is exceptional @Banksy. The high grade and very large flake...

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  1. 1,309 Posts.
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    This is exceptional @Banksy. The high grade and very large flake size exceeds my expectations. Obviously final completion of definite JORC resource to follow.

    As expected - refer my " yawn so predictable" - traders are selling on the news. For investors this is outstanding assay results thus far. 4-6 weeks extension south results. Pretty conclusive to me these assay results with more to follow - we now have a resource confirmed - we now have a mine - the risk has been eliminated - we have confirmation of resource with more to follow.

    Now management can move forward with all other aspects - remember this is just Malingunde - there are 14 other saprolite sites plus the huge hard rock deposit which unlike other hopefuls - they can finance that development whenever they choose - like when guaranteed electricity supply is available etc.

    This is exceptional with infrastructure all nearby....... So much low capex/low opex resource in the ground is the catalyst for any new mine success.
 
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Last
82.5¢
Change
0.015(1.85%)
Mkt cap ! $380.9M
Open High Low Value Volume
80.0¢ 84.5¢ 80.0¢ $1.140M 1.394M

Buyers (Bids)

No. Vol. Price($)
1 5000 80.5¢
 

Sellers (Offers)

Price($) Vol. No.
82.5¢ 6749 2
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Last trade - 16.10pm 02/12/2024 (20 minute delay) ?
SVM (ASX) Chart
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