SVM 4.24% 79.0¢ sovereign metals limited

Graphite future, page-2

  1. 1,309 Posts.
    lightbulb Created with Sketch. 12
    One step at a time @Banksy but it sure appears supply demand will see continued high prices for SVM'S premium size graphite.
    Get Malingunde running early 2020 during the run up to that further JORC resources at several other deposits which will see in 5 years time 3 mining operations supplying in excess of 150 000 tonnes of premium sort after graphite with 20 year life of individual mines with even more sites at the ready to be exploited if demand requires it. Sounds so possible and juicy.
    Just need to ease into Mal and build it up with add ons as customers require.

    Now we can await updates and formalities as milestones are ticked off but reality is the next big one is clarity around the new mines and minerals bill and the mining license early 2019.
 
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