SVL 2.70% 18.0¢ silver mines limited

News: SVL Silver Mines Says Jonathan Battershill To Be Appointed Managing Director, page-2

  1. 148 Posts.
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    Dear Holders of SVL,

    Some bloke by the name of Jonathan Battershill has been appointed Managing Director of SVL
    on a salary of $650,000/yr. He has to be given 6 MONTHS notice before he can be sacked/replaced.

    Can any of our shareholders or other readers please enlighten me as to what his duties may be
    on any given day? Apart from getting out of bed in the morning and perhaps sharpening a few
    pencils will he have to apply sunscreen to his nose and man the drilling rigs for a ten hour shift?
    Probably not. That sort of sh#t is contracted out to some one who knows how to do it. Usually it
    will be done by a family owned company a director will control. That's not for us to know.

    I've been a holder since before the 100 to 1 "revaluation" (or whatever the term was) that was applied
    early in the piece around 2014 or so. That meant that every 100 shares you had in the company became one share
    in what is now SVL. Needless to say they were extremely cheap back then. As you can imagine I've traded
    them a few times. For a variety of reasons I doubt they will be refining any silver soon. I'll be 'pushing up
    daises' before that happens.
 
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Last trade - 16.10pm 04/06/2024 (20 minute delay) ?
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