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Suvo seeking to shake up shell

PLANS to transform ASX-listed Ultracharge back into an Australian explorer were timed horribly, with Suvo Strategic Minerals issuing its prospectus to raise A$5-6 million at 2c per share to pursue projects in Western Australia – just before global capital markets turned in their worst performance in more than a decade.

Haydn Black
There could be valuable sand in these sand dues.

There could be valuable sand in these sand dues.

Ultracharge was known as unsuccessful WA explorer Lithex Resources until 2016, when it became backdoor vehicle for an Israel-based lithium-ion battery developer. Ultracharge failed to spark that much...

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