SVM 4.24% 79.0¢ sovereign metals limited

Good post Romacker. High % is indeed in large/jumbo category....

  1. 1,309 Posts.
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    Good post Romacker.

    High % is indeed in large/jumbo category.

    The only good will I'm aware is a quality water well SVM provided about 10 months ago.

    They did compensate locals who had land degradation due to drilling/exploration however locals complained of very small amount. My assumptions are the middle men took a fair chunk and it is corruption again that rares its head and reflects poorly on SVM.

    I have followed GBE for a long time. There use to be progress until the last election then Muthy arrived and GBE do little but asx compliance requirements with quarts an annuals. As though they shut up shop - conserve the cash on hand and await a mining pro active govt.

    I know i mention the locals a lot and i appreciate that investing has no room for sentiment but jeez the Malawians could do with a break.
 
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