SVM News: Here's Why We're Watching Sovereign Metals' (ASX:SVM) Cash Burn Situation - 14th May 2022, 7:58am

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We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining exploration companies often lose money for years before finding success with a new treatment or mineral discovery. Nonetheless, only a fool would ignore the risk that a loss making company burns through its cash too quickly.

So, the natural question for Sovereign Metals (ASX:SVM) shareholders is whether they should be concerned by its rate of cash burn. In this report, we will consid...

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