Midweek Takeaway with Sapan Ghai, Chief Commercial Officer of Sovereign Metals Limited (AIM:SVML)
Season 5, Episode 34, Mar 17, 2023, 04:20 PM
Phil Carroll and Kevin Hornsby talk to Sapan regarding the recent news that Kasiya's Graphite Warming Potential is amongst the lowest in the World.
Sovereign also announced that it intends to undertake a demerger whereby Sovereign's Malawian graphite projects, the Nanzeka Project, Malingunde Project, Duwi Project, and Mabuwa Project (Graphite Projects), are to be demerged through NGX Limited (NGX), a wholly-owned subsidiary of the Company. This will allow Sovereign to focus on the development of the Kasiya while unlocking value in its Graphite Projects for shareholders. The Demerger allows Sovereign and the existing management team to focus on its flagship Kasiya Rutile Project, the largest natural rutile deposit in the world, with Sovereign retaining all graphite co-product from Kasiya.
Disclaimer & Declaration of Interest
The information, investment views, and recommendations in this podcast are provided for general information purposes only. Nothing in this podcast should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.
Sovereign also announced that it intends to undertake a demerger whereby Sovereign's Malawian graphite projects, the Nanzeka Project, Malingunde Project, Duwi Project, and Mabuwa Project (Graphite Projects), are to be demerged through NGX Limited (NGX), a wholly-owned subsidiary of the Company. This will allow Sovereign to focus on the development of the Kasiya while unlocking value in its Graphite Projects for shareholders. The Demerger allows Sovereign and the existing management team to focus on its flagship Kasiya Rutile Project, the largest natural rutile deposit in the world, with Sovereign retaining all graphite co-product from Kasiya.
Disclaimer & Declaration of Interest
The information, investment views, and recommendations in this podcast are provided for general information purposes only. Nothing in this podcast should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.