Sovereign Share Discussion Threads

[soulsauce] 13/12/2016 09:00

Just a waiting game, low volume and MMs will move it about at will.

The only problem I see is that it sounds like the company are getting involved in the far east, probably China related, and often dealing with them is very slow.

Would be nice for the company to give an update on proceedings.

[georgia1972] 13/12/2016 08:53

What the hell is going on with this share ?????

[flyingc] 01/12/2016 16:07

Ha ha ! Agreed.

Although I don't mind waiting so long as it's a corker when it comes.....

FC

[charles clore] 01/12/2016 16:01

ANY rns would be great

[soulsauce] 01/12/2016 15:04

FlyingC I guess lithium because it seems to be the 'go to' resource at the moment and the certain members of the BoD have fingers in that pie elsewhere.

Personally I hope it is not lithium as the market is getting very overcrowded with players and some of the shine seems to have worn off and only a few will make it to production.

Be very interesting what ever it is I have no doubt.

[thelung] 01/12/2016 14:51

Purely guess work unfortunately. Went for an initial million yesterday but only available NT and then the rise came.

[westmoreland lad] 01/12/2016 13:08

The Lung -- this caught your interest then ?

GC did a presentation about Kennedy last Tuesday - invitation only --------->

Giles Clarke, Chairman of Kennedy Ventures, said:
"The upgrade was an important and essential part of Aftan's strategy to deliver real returns from the TVM and it is quickly approaching a cash flow positive position through the sale of high grade tantalite. We also remain very excited about the lithium potential from TVM and look forward to Aftan advancing its knowledge of the deposit, from which it intends to produce lithium concentrate next year."

[flyingc] 01/12/2016 12:43

Thanks TheLung (2820)

Can you expand on that any ?

Much obliged

FC

[flyingc] 01/12/2016 12:38

Hello soulsauce & Westmoreland

The bit I liked from the last RNS was this

"Potential Acquisition
The Company has entered into an exclusivity agreement to acquire new assets in the mining industry, and is carrying out detailed due diligence on these. Further announcements will be made in due course."

So not only do we now have a share of Volcanic if the old asset turns out well, news may break any day about the future acquisition.

Any suggestions on what / where that might be ?

FC

[westmoreland lad] 01/12/2016 12:19

ditto, but didn't bank what was a very sizeable profit - never learn !

It'll be back over .08p soon enough imo..

[soulsauce] 01/12/2016 12:06

Watching and waiting too but much reduced and profits banked.

[georgia1972] 01/12/2016 12:06

Yeh I've been in since .36 then .58 but have som at .8 so im in negative at moment but fingers crossed for some news very soon I would of traded in & out if I'd known it was going to b so long for news I thought imminent was anytime now not a couple of monthsFingers & everything crossed before xmas

[flyingc] 01/12/2016 11:37

Georgia (2813)

Sorry - I think our posts crossed or I would have acknowledged you too. Very glad to hear there is more than just Charles and I posting here !

I remember soulsauce was in here previously when I traded it last time - not sure if he is still around ?

I'm hoping for great things from SMA - certainly the stage is set for them and I generally find it is better to get in when things are quiet.

We'll see soon.

GLA

FC

[flyingc] 01/12/2016 11:21

Charles (2812)

Glad to hear I am not alone. Hopefully we'll have good news soon - it's overdue (IMVHO).

GL

FC

[charles clore] 01/12/2016 11:00

FlyingC - I'm with you, watching and waiting...

[flyingc] 01/12/2016 09:53

And pinged up again.... Must be c.20% up in the last 24 hours (at the time of posting this), with news on the co's future expected soon.....

Is anybody else following developments here, or is it just me left on ADVFN ?!?

FC

[flyingc] 30/11/2016 15:50

Finally some life in the share price today .....

A prelude to news perhaps ?

FC

[flyingc] 30/11/2016 12:31

Charles Clore (2808)

I second that. I've had a couple of modest trades in and out of SMA so far this year and the long term chart does tend to suggest the current share price is a decent entry point with substantial upside on favourable news.

SMA is one of those smaller outfits that moves so quickly on news it can be very lucrative to be in ahead of the news breaking.

All IMVHO - I would accept it isn't one for widows and orphans....

FC

[charles clore] 29/11/2016 18:26

The drop back may have put a damper on a decent rise on news but it has also provided a great buying opportunity imho.

[varrirob] 29/11/2016 18:23

Well it had better be good whatever it is and quick.

[unkwn] 29/11/2016 13:46

To be honest, I cannot see anything positive here, the drop back has ruined any chance of a decent rise.

[varrirob] 23/11/2016 23:05

Indeed. I hope it is worth the wait.