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SVMLF does not currently pay a dividend.
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Sovereign Metals Limited, along with its associated entities, is engaged in the full lifecycle of mineral resource projects within Malawi, from initial identification and exploration to subsequent development and thorough appraisal. Its most significant undertaking is the Kasiya rutile deposit, also situated in Malawi. The company was established in 2006 and maintains its principal office in Perth, Australia.
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Sovereign Metals Ltd (ASX:SVM, OTCQX:SVMLF, AIM:SVML, FRA:SVM), in its quarterly activities report, told investors it aims to position the Kasiya project as...
Sovereign Metals Ltd (ASX:SVM, OTCQX:SVMLF, AIM:SVML, FRA:SVM), in its quarterly activities report, told investors it aims to position the Kasiya project as a non-Chinese source of titanium feedstock, graphite and potentially heavy rare earths for US and allied supply chains, backed by A$25.1 million of cash at the end of June. The Malawi-based project's definitive feasibility study produced a pre-tax net present value of US$2.2 billion and a 23% internal rate of return.
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