Added to YB: 2026-02-26
Pitch date: 2026-02-23
SVML.L [bullish]
Sovereign Metals Limited
+11.88%
current return
Author Info
No bio for this author
Company Info
Sovereign Metals Limited, together with its subsidiaries, engages in the exploration and development of mineral resource projects in Malawi.
Market Cap
AUD 485.2M
Pitch Price
AUD 0.80
Price Target
92.00 (+10179%)
Dividend
N/A
EV/EBITDA
-10.33
P/E
-11.32
EV/Sales
N/A
Sector
Metals and Mining
Category
value
Sovereign Metals Limited - $SVML.L
SVML.L: Kasiya contains world's largest natural rutile + 2nd largest graphite deposit, 1.8Bt resource. DFS imminent w/ $2.3B pre-tax NPV, 27% IRR, 64% EBITDA margin vs $325M mkt cap (21-35¢/$). IFC pre-approved financing, Rio 18.5% stake w/ 180-day operator decision pending, US State Dept backing via Project Vault, World Bank $350M grant for power, Japan $7B rail upgrade. Graphite opex $241/t vs Chinese tariffs now 220%. Production 2029-30, $415M avg annual EBITDA = $2.5B+ implied EV at 6x. Rare earths 7x top 5 ops unpriced. Risks: Africa jurisdiction, overhang from A$0.85 placement.
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