SVM 0.63% 78.5¢ sovereign metals limited

Maybe interesting ......

  1. 49 Posts.
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    Maybe interesting ...

    http://www.northernminer.com/commod...-the-ev-boom/1003798139/#.W1_ICUgICxg.twitter

    "However, Chinese production of large (+80 mesh) and XL (+50 mesh) flake is declining, due to the depletion of resources and stricter enforcement of environmental standards in Shandong province — the main source in China.
    Demand for XL flake for the expandable graphite market is growing rapidly — there is a shortage of supply and prices are quite good. Also, the steel industry is recovering, which is increasing demand for large flake and firming up prices."

    SVM is going to produce large and XL flake - right ?

    About the ongoing discussion about corruption and benefit of mining to local pupulation:

    For sure a company needs to take care about good relations with local populations and there must be also a benefit for the people affected by the mining operation. Not caring about locals: see what happens to Tahoe.

    The corruption issue: Well its not our business to change this. My business is to take care that my investment decisions yield positive results. Yes, the less corruption the better the chances for business. But I fear that a regime change will delay the permitting process even further. I'm willing to wait for a while, but not forever. If the officials decide not to act and just keep waiting for more bribes I will exit here eventually. Money always departs from unreliable countries
 
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