Nice post Meme,
Just in relation to SVL....
They actually have more silver at their other 2 sites:
Conrads @ 19.2Moz AgEQ
Webbs @ 11.7Moz Ag @ 245g/t
What is attractive about SVL is they have the cash now after the recent CR to drill, which they have indicated they will be now, and assist in completion of the technicals of which a substantial amount of work has already been completed by previous owners KCN and before them Silver Standard to the tune of $60m. KCN purchased Bowdens in 2011 for $75m before increasing the resource up by a huge 40% before the bottom fell out of the silver market.
SVL are just about to secure 100% ownership of Bowdens at $25m in a stressed sale of off KCN in a rising silver market.
I feel SVL is closer to becoming a producer with an already huge resource with potential to increase further....
Both SVL & RDM appear to be very good value here...
Nice post Meme, Just in relation to SVL.... They actually have...
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Change
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Mkt cap ! $46.40M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.5¢ | $13.54K | 87.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 89986 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 265945 | 7 |
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| Last trade - 12.56pm 15/05/2024 (20 minute delay) ? |
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15.5¢ |
Change
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| Open | High | Low | Volume | ||
| 16.0¢ | 16.0¢ | 15.5¢ | 34659 | ||
| Last updated 15.58pm 15/05/2024 ? | |||||
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