Situation is simple with SVL. The accounts show that the expenditure is enormous and if that continues there would be issues ahead for the Company. So the only saving grace is the silver price to rise. Even SVL can't raise capital every 6 mths to cover expenses when there is little cash flow.
Ann: Response to ASX query, page-3
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Last
15.0¢ |
Change
0.005(3.45%) |
Mkt cap ! $226.2M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.5¢ | 14.5¢ | $423.8K | 2.833M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 241226 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 2674301 | 15 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| SVL (ASX) Chart |