With latest finacials showing a net loss for the year of approx 230K and the shares being worth 50 odd cents each.
How much more will the company be worth now a deal has been struck with Aquarius Platinum where SLV will now receive approx 2.5 million dollars per year for 15 years just on RK1.
Apparantly RK2 is very similar in revenue terms to RK1 and further discussions are continuing with RK3.
This has to be a no brainer as to where this company is headed in the future....as someone already said a cash cow....and due for a very big run.
On speaking with the company secretary today he likened SLV to the Aquarius Platinum story where no one paid attention untill the shares went through the roof to over $8 per share.
He also said that he expected revenues of around $8 million for next year...hmmmmmmmmm!!!
I know what i topped up on today!
SLV Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held