SVM 1.94% 79.0¢ sovereign metals limited

Ann: September 2018 Quarterly Report, page-2

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  1. 1,309 Posts.
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    Lackluster as with previous quart. No mention of trenching samples at other tenements - an inexpensive exploration process that could be carried out whilst management do PFS.
    No mention of Malawi govt liason - new mines and minerals bill - local stakeholders.

    Funny how a scoping study had such a steady enthusiastic flow of news but a 2 month delayed PFS lead up is dull.

    Like one poster stated - the key for these companies is to maintain a SP whilst awaiting further progress. SVM have failed to do so and yes there have been outside influence effecting SP but even a ripping PFS will not see a return to double figures.

    They're probably looking to sell a majority stake to Chinese at a very low buy in with the juicy under table top up.
 
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Last
79.0¢
Change
0.015(1.94%)
Mkt cap ! $380.9M
Open High Low Value Volume
78.0¢ 79.0¢ 77.5¢ $114.6K 147.1K

Buyers (Bids)

No. Vol. Price($)
4 28373 78.0¢
 

Sellers (Offers)

Price($) Vol. No.
79.0¢ 111 1
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