SVM 1.85% 82.5¢ sovereign metals limited

I personally believe the project finance will be locked away...

  1. 1,309 Posts.
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    I personally believe the project finance will be locked away before 2019 @Banksy.

    MY REASONS :
    Management have made it clear - they want to fast track to development and be ahead of the hopefuls.

    Very low finance required.

    Very quick infill drill program - extension drill program complete.

    Quality product with no issues currently being or has been delivered to potential end users. Very simple mining and processing.

    Low capex and opex makes this project significantly de risked.

    Engagement of key personnel to make it happen straight after placement. This is a key and highlights how they are rapidly advancing this project. They had those personnel - hand picked - ready to go. No delays advertising and seeking candidates with required skills.

    All other things we've discussed - funded for DFS ( whilst other hopefuls are still just talking things up) - quality management - govt endorsement - etc etc.

    Third quarter of 2018 for me - possibly sooner the way they are progressing and results of pending assay results in January.
 
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