SVM 1.89% 81.0¢ sovereign metals limited

Lackluster as with previous quart. No mention of trenching...

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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
81.0¢
Change
0.015(1.89%)
Mkt cap ! $380.9M
Open High Low Value Volume
79.5¢ 81.0¢ 79.0¢ $209.6K 262.8K

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No. Vol. Price($)
1 222 80.0¢
 

Sellers (Offers)

Price($) Vol. No.
81.0¢ 98115 4
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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
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