SVM 1.94% 79.0¢ sovereign metals limited

News in Malawi, page-73

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    Hello from Germany


    a german raw material expert can't understand the low rating here his article read it here :


    Sovereign Metals Ltd: A tremendous opportunity?


    Here the Translate in English


    Let's list what Sovereign Metals did and achieved in 2018:


    - 17.01.2018: High-grade drill results

    - 20.02.2018: Continued high grade drill results

    - 19.03.2018: Graphite finds outside known zones

    - 03.04.2018: More graphite finds

    - • 12.06.2018: New resource calculation

    - 19.07.2018: Production of a 99,9995% graphite for the battery industry

    - 14.08.2018: Discovery of mineral sands in the area

    - 28.08.2018: Rough sample dismantling on the project

    - 07.11.2018: Release of a very strong PFS


    If you look at it all that way, you would actually think that the stock only went up, but the opposite was the case.

    All the good news could not boost the price and impatient investors used the liquidity after the news to sell.


    This is how the huge opportunities in our sector are created.

    While the company has fundamentally improved extremely, you can buy the company's shares at a much lower price due to the poor market environment.


    Conclusion:


    In 2018 Sovereign reached all its targets and PFS proved that the Malingunde project will be one of the most profitable graphite projects in the world in terms of margins. Such projects always go into production or are previously snatched away by a competitor. In 2019, the final feasibility study will come and presumably also a purchase agreement with an international top company. Then Sovereign will make the production decision. 



    Some investors are buying in Germany today

    Germany

 
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Last
79.0¢
Change
0.015(1.94%)
Mkt cap ! $380.9M
Open High Low Value Volume
78.0¢ 80.0¢ 77.5¢ $180.4K 229.8K

Buyers (Bids)

No. Vol. Price($)
1 4250 78.5¢
 

Sellers (Offers)

Price($) Vol. No.
80.0¢ 16077 5
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