We have waited a very long time for SVL to get to this point. I pray as and when they commence production they do not do what Auracana Silver did - have a cave in and go bankrupt ! PS. More regular update interviews would be very much appriciated SVL management !
Achieving approval from the NSW IPC to move forward with an open pit Silver, Zinc, lead mine is a quantum leap from just identified resource in the ground. Yet SVLs share price has not rerated to any fundamental degree (up about 20%) and just on par with this time (mid April) as last year - Even though... The resource has increased 45%, and spot Silver is up from AUD31 (2022) to AUD37 (2023) mid April. So, if you thought you might have missed the boat on this Company you most certainly have not. Silver is a critical mineral and with the beginnings of a more insular Geo-political environment and Australia's commitment to the US alliance side of things, commodities such as Silver will become prone to an Unobtainium event or even crisis. I'm all in SVL
We have waited a very long time for SVL to get to this point. I pray as and when they commence production they do not do what Auracana Silver did - have a cave in and go bankrupt ! PS. More regular update interviews would be very much appriciated SVL management !
Achieving approval from the NSW IPC to move forward with an open pit Silver, Zinc, lead mine is a quantum leap from just identified resource in the ground.
Yet SVLs share price has not rerated to any fundamental degree (up about 20%)
and just on par with this time (mid April) as last year - Even though... The resource has increased 45%, and spot Silver is up from AUD31 (2022) to AUD37 (2023) mid April.
So, if you thought you might have missed the boat on this Company you most certainly have not. Silver is a critical mineral and with the beginnings of a more insular Geo-political environment and Australia's commitment to the US alliance side of things, commodities such as Silver will become prone to an Unobtainium event or even crisis.
I'm all in SVL