Suvo Strategic Minerals
Primary ticker: ASX:SUV
Stage of development: Exploration, Development, Production
Primary minerals: Kaolin, Silica Sands
Projects to promote: Gabbin Kaolin Project, Eneabba Silica Sands Project
Project location: Australia
Website: www.suvo.com.au
Corporate presentation: Click here
Suvo Strategic Minerals Limited is Australia’s only hydrous kaolin producer listed on the Australian Securities Exchange (ASX:SUV). Having recently doubled plant throughput at its 100% owned Pittong hydrous kaolin operation located 40km west of Ballarat in Victoria, Suvo is focused on selling this additional hydrous kaolin capacity and generating earnings. Suvo is also engaged in product research and development to enter new and emerging markets with the hydrous kaolin from its Pittong operations and other kaolin deposits in its portfolio.
Cash: AUD1.8M (as at 31 December 2023)
Debt: NIL
Major Shareholders:
Mr Aaron Banks – 9.1%
Mr Christopher Weed & Mrs Janet Brockman – 6.1%
Mr Robert Fitzgerald – 2.1%
Ratdog Pty Ltd – 2%
Melbourne Securities – 1.7%
Financials
Bojan Bogunovic – Interim Chief Executive Officer
Bojan Bogunovic is a qualified Chartered Accountant with a Bachelor of Commerce from Curtin University. Mr Bogunovic has extensive experience in the mining, exploration, construction and agriculture industries in Australia and overseas. Mr Bogunovic has held senior financial roles with a number of ASX listed mining and exploration companies.
8 April 2024 – Geopolymer Concrete Update
7 March 2024 – Sales Agreement Executed in High-value Pharmaceutical market
4 March 2024 – Suvo Executes Non-Binding MOU with Dowsing Group
29 February 2024 – Suvo Completes Upsized & Oversubscribed SPP
23 February 2024 – Share Purchase Plan Fully Subscribed and Increased to $1.5m
22 February 2024 – Murdoch University Associate Professor Joins Suvo