We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Sovereign Metals Limited | SVML | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 37.00 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 37.00 | 37.00 | 37.00 | 37.00 | 37.00 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 12/1/2025 07:12 by skyship Thanks beeezzz:1.Sovereign Metals (SVML): 36p Target 100p Shares of SVML are up nearly 40% so far this year, but if this was not the London market in 2024, one would imagine that this £219m market cap company would be trading at multiples of this valuation. The reason for this judgement is that the company has clearly made significant operational progress in the past year, with rather less appreciation than is deserved for a company set to be one of international significance. For instance, the market still behaves as if SVML does not have a Tier 1 Kasiya Rutile-Graphite Project in Malawi, does not have Rio Tinto (RIO) as a strategic investor, and will not be the world’s largest, lowest cost and lowest-emissions producer of two critical minerals – titanium and graphite. However, it has been progressing towards the latter goal, with frequent, solid newsflow in recent months. Of late the company announced that it has started backfilling the pit at Kasiya, following successful mining trials stage at the programme, and reminded us that its cash position has been bolstered by an additional AUD19 million invested by Rio Tinto PLC, as the mining giant now has a 20% stake in the company. One would expect all of this to sink in well before the end of 2025, and for the 100p target to be fulfilled in consequence. |
Posted at 03/1/2025 20:32 by 888icb SVML in 2025I will start with a little background to what I am about to post which appeared on the Metal Tiger ADVFN thread last September. Metal Tiger became Strata Holdings when it moved its listing to Australia. In August 2024: “ STRATA INVESTMENT HOLDINGS PLC TO ACQUIRE SCP RESOURCE FINANCE hxxps://www.listcorp The Company's securities are currently suspended from quotation on ASX and, subject to shareholder approval being obtained, will remain suspended until the Company has re-complied with Chapters 1 and 2 of the ASX Listing Rules and the Acquisition has been completed”. The suspension is due to end this month. Then on 13/9/24 I noticed the following in an SVML RNS: “ Sovereign Metals Limited (ASX: SVM, AIM: SVML, OTCQX: SVMLF) (Sovereign or the Company) advises that it has issued 2,326,880 fully paid ordinary shares (Shares) in the capital of the Company, comprising of 1,290,392 Shares issued to Rio Tinto Mining and Exploration Limited (Rio Tinto) and 1,036,488 Shares issued to SCP Resource Finance, as an advisory fee of 3% on the amount of Rio Tinto's option investment in July 2024 (refer to Company announcement on 3 July 2024). An application will be made for the Shares to be admitted to trading on AIM (Admission) and it is expected that Admission will become effective on or around 19 September 2024.” Rick Rule is a shareholder in Strata and the largest shareholder in Sprott. Sprott is a large shareholder in SVML.Rick Rule is only interested in 10 bagger probabilities. This Strata aquisition looks very promising and as a holder of Strata and SVML I am feeling confident that both will do well. Having established that Rick Rule is involved in all 3 companies this takes me to a valuation of SVLP that was contained in a report by Charles Archer in September 2024: “ “ Third, while SVML retains the operational competence to build the mine and is therefore itself the competitive tension with Rio Tinto, this pilot plant is very clearly the due diligence the major needs to see completed on the deposit before making an outright offer. While Sovereign may protest that this is all simply to accelerate and improve their own DFS, Rio’s version of a DFS will be in a different class to the junior, and it will want to take the reins before we get to this stage. My prediction is that Rio Tinto will make a full takeover offer within the next 12 months. I think it's worth finishing with a quote from legendary resource investor Rick Rule, in a recent interview with the company's Chief Commercial Officer: 'What you need to understand, is that ultimately, a deposit this size acquires strategic value. If it sells, it will sell at a premium to net present value because the users understand the critical importance of a deposit of this size and scale.' The net present value, before any improvements, stands at a little over $1.6 billion” If Rick Rule is right,which he usually is SVML is at least a 5 bagger on a takeover. So if we say SCP’s shares in SVML are currently worth circa £300000, on a takeover by Rio they would be worth £1.5 million. The share price of SCML in September 2024 was in the low 30p range which would price a Rio bid this year at north of £1.50. This would be a good return but if SVML went it alone, which seems unlikely in view of the current agreements in place with Rio, we would be looking at a 10 bagger in a few years time on production. |
Posted at 22/9/2024 19:04 by c3479z MoSsummary is approx 'potential for high reward for intrepid investor who understands the risk of mining projects in 9th poorest country in the world with no mining heritage and cost of 600m dollars to bring project on-stream: presence of 20% RTZ could be significant' my fear is that titanium presently in a bit of a slump. |
Posted at 14/9/2024 17:43 by 888icb Here is the final part of a recent analysis of SVML by Charles Archer:“ Third, while SVML retains the operational competence to build the mine and is therefore itself the competitive tension with Rio Tinto, this pilot plant is very clearly the due diligence the major needs to see completed on the deposit before making an outright offer. While Sovereign may protest that this is all simply to accelerate and improve their own DFS, Rio’s version of a DFS will be in a different class to the junior, and it will want to take the reins before we get to this stage. My prediction is that Rio Tinto will make a full takeover offer within the next 12 months. I think it's worth finishing with a quote from legendary resource investor Rick Rule, in a recent interview with the company's Chief Commercial Officer: 'What you need to understand, is that ultimately, a deposit this size acquires strategic value. If it sells, it will sell at a premium to net present value because the users understand the critical importance of a deposit of this size and scale.' The net present value, before any improvements, stands at a little over $1.6 billion” If Rick Rule is right, which he usually is, SVML is at least a 5 bagger from its current price on a takeover. |
Posted at 08/7/2024 07:03 by 888icb 2 RNS to start the WeekFirstly the formal notice from RIO that following the exercise of their option last week they now hold 19.76% of SVML’s shares. Secondly the shares are now listed in the US on the OTCQX in addition to its listings in Australia and the UK. SVML already has a large US investor in Sprott and this new listing will make it easier for other US investors to join the party. |
Posted at 03/7/2024 09:54 by 888icb If we return to the original investment RNS we can see what comes next:“ Operatorship of Project and marketing) Following the Company announcing a DFS for the Project until the Investor End Date, Rio Tinto has the option (Rio Tinto Option) to be appointed as the operator of the Project on arm's length terms and subject to Rio Tinto becoming the operator of the Project, be granted the exclusive right to 40% of the annual production of all products produced from the Project as identified in the DFS for so long as Rio Tinto remains the operator of the Project. This right is subject to any approvals required by law (including any securities exchange) and/or government or other regulatory approvals.” That end date is 90 days from DFS but can be extended to 180 days at Rio’s request. My view is that Rio will not want to be the operator for someone else but that they will want to fully own and control this massive world class resource. It would seem likely that Rio would choose to make a full bid when the DFS is released or even before as they would want to get in before another large miner starts to take an interest. |
Posted at 24/6/2024 14:32 by 888icb SVML having a positive start to the week Up 5% on volume of just 106000. I imagine investors are positioning themselves for next month when RIO must decide whether to exercise their option to buy another 5% of SVML taking them to essentially 20%. RIO have been extensively involved in working on the project which has been progressing very well on all fronts. It would be extremely surprising if RIO didn’t add to their holding which will of course inject substantial further funds into the project. It will also be a massive vote of confidence in a project that will in all probability be taken over in it’s entirety by RIO before too long. |
Posted at 23/4/2024 06:51 by 888icb RNS“GRAPHITE EXPERT APPOINTED TO KASIYA DEVELOPMENT TEAM · Sovereign further strengthens owner's team through the appointment of graphite and battery anode specialist consultant Dr Surinder Ghag as Chief Technology Officer - Graphite · Dr Ghag is an expert metallurgist with 25 years of experience across critical minerals including graphite and rutile · Sovereign is poised to become the global leader in natural flake graphite production, a significant by-product of the Kasiya Rutile-Graphite Project in Malawi · Dr Ghag's appointment further bolsters the world-class Sovereign Project Development Team which is working alongside strategic investor Rio Tinto to develop Kasiya” SVML is Up 7.22% in Australia on this news |
Posted at 09/11/2023 06:53 by the count of monte_cristo Sovereign Metals presents at the Proactive One2One Investor Forum - October 12th |
Posted at 02/11/2023 08:09 by the count of monte_cristo An initial sign of Rio's intent here...but this was before the Chinese graphite news.16 October 2023 Rio Tinto also issued with 34,549,598 options to increase its shareholding by an additional 4.99% to potentially 19.99% of Sovereign within 12 months Rio Tinto's 34.5 million options have an exercise price of A$0.535 per Share, representing a 21% premium to the 45-day volume weighted average price on the ASX as at close 14th July 2023, for additional proceeds of up to $18.5 million (if all options are exercised) |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
