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Sovereign Metals Ltd (ASX:SVM, OTCQX:SVMLF, AIM:SVML, FRA:SVM) traded at 27.70p, up 4%, on Wednesday as a scoping study indicated the potential for $84 million in additional annual EBITDA at Kasiya. The scoping study estimates a $722 million increase in Kasiya’s pre-tax net present value,...
Sovereign Metals Ltd (ASX:SVM, OTCQX:SVMLF, AIM:SVML, FRA:SVM) said adding rare earth recovery to its Kasiya project in Malawi could generate an incremental US$722 million pre-tax NPV, for around US$29 million of capital to first production. A scoping study estimated a 151% pre-tax internal...
The Australian small-cap market was marginally higher on Wednesday morning, recovering from an early dip as stronger copper, iron ore and oil prices supported resources and energy stocks. In the early minutes of trade, the S&P/ASX Small Ordinaries was up 2.1 points, or 0.06%, at...
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